The Latin America, Middle East and Africa Nitro-infused Beverages Market would witness market growth of 22.8% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 4,244.9 thousand units (10oz), showcasing a growth of 24.3% (2023-2030).
The primary advantage of ready-to-drink (RTD) nitro-infused beverages is the convenience they offer. Consumers can enjoy the unique and effervescent experience of nitro-infusion without the need for specialized equipment or preparation. This convenience caters to busy lifestyles and on-the-go consumption, making nitro beverages accessible in various settings. Nitro-infused beverages in RTD formats benefit from extended shelf life. The sealed packaging helps preserve the drink's freshness, allowing consumers to enjoy a consistent and high-quality nitro experience even when the product is stored for an extended period. RTD nitro beverages can be produced on a larger scale more efficiently than on-site preparation or dispensing systems. This scalability is advantageous for manufacturers, allowing them to meet growing consumer demand and distribute products more widely.
The RTD format encourages consumer trial and exploration. Consumers can easily try different flavors and variations of nitro-infused beverages without the commitment associated with purchasing larger quantities. This fosters experimentation and helps consumers discover their preferred nitro drink. Furthermore, cultural developments in consumer preferences, such as a willingness to explore new and unusual flavors, have fueled the popularity of nitro-infused beverages. As consumer palates evolve, there is an increasing openness to trying unconventional and innovative beverage options.
The UAE has experienced significant growth in café culture, with many specialty coffee shops and beverage outlets. The UAE consumer market appreciates luxury and premium products. The UAE’s tourism industry and expatriate population contribute to a diverse consumer base with varying tastes and preferences. Due to the above-mentioned factors, the nitro-infused beverages market will grow significantly in this region.
The Brazil market dominated the LAMEA Nitro-infused Beverages Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $7,561.9 Million by 2030. The Argentina market is showcasing a CAGR of 23.3% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 22.4% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Supermarket & Hypermarket, Convenience Stores, Online, and Others. Based on Product, the market is segmented into Nitro Coffee, Nitro Tea, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Nitro-infused Beverages Market is Projected to reach USD 352.2 Million by 2030, at a CAGR of 20.3%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Rise Brewing Co., Starbucks Corporation, Funkin Cocktails (Funkin Limited) (A.G. Barr P.L.C), Califia Farms LLC, Nitro Beverage Co., Left Hand Brewing Co., Monster Beverage Corporation, PepsiCo, Inc., Cruise Beverage, Bona Fide Nitro Coffee and Tea.
By Distribution Channel (Volume, Thousand Units (10oz), USD Million, 2019-2030)
By Product (Volume, Thousand Units (10oz), USD Million, 2019-2030)
By Country (Volume, Thousand Units (10oz), USD Million, 2019-2030)
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