Description
MARKET OUTLOOK
Based on CRI’s report, the alcoholic ready-to-drinks (RTDs) market in Argentina is estimated to grow at a compound annual growth rate of 9.76% in terms of revenue and 6.76% based on volume over the forecasting period of 2021-2026.
The studied market witnessed a decline in sales due to the COVID-19 outbreak. Despite this downfall, the RTD segment is estimated to witness growth over the next few years. This growth will be driven by the surge in spirit-based options, including gin. Moreover, the launch of new flavors will enhance the demand for alcoholic ready-to-drink beverages. Besides, wine-based RTDs are likely to record positive on-trade volume growth from 2022, owing to the gradual rise in outdoor events.
The overall off-trade volume growth for RTDs will gain momentum from 2023, with wine-based ready-to-drinks in the lead. The growth in health and wellness trends has also surged the consumption of spirits containing lower alcohol content across the country.
The alcoholic ready-to-drinks have emerged as an ideal replacement for cocktails among several consumers. Furthermore, despite the pandemic, the rise in ecommerce platforms supported the sales of alcoholic ready-to-drink sales. Therefore, as mentioned above, these factors are creating opportunities for the alcoholic ready-to-drinks market within Argentina.
COMPETITIVE OUTLOOK
Leading companies in the Argentina alcoholic ready-to-drinks market consist of Diageo Plc, Cepas Argentinas SA, and Bodegas Valentin Bianchi SA.
TABLE OF CONTENT
1. ARGENTINA ALCOHOLIC READY-TO-DRINKS (RTDS) MARKET – SUMMARY
1.1. COUNTRY SNAPSHOT
1.2. MARKET SIZE & FORECAST
1.3. MARKET DRIVING ASPECTS
1.4. MARKET RESTRAINING ASPECTS
1.5. KEY PLAYERS
2. ARGENTINA ALCOHOLIC READY-TO-DRINKS (RTDS) MARKET OUTLOOK
2.1. IMPACT OF COVID-19 ON ARGENTINA ALCOHOLIC RTDS MARKET
2.2. PESTLE ANALYSIS
2.2.1. POLITICAL
2.2.2. ECONOMICAL
2.2.3. SOCIAL
2.2.4. TECHNOLOGICAL
2.2.5. LEGAL
2.2.6. ENVIRONMENTAL
2.3. MARKET ATTRACTIVENESS INDEX
2.4. MARKET SHARE ANALYSIS OF KEY PLAYERS
2.5. BRAND SHARE ANALYSIS
3. ARGENTINA ALCOHOLIC RTD MARKET SEGMENTATION – BY RTD TYPE (IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: MILLION LITRES)
3.1. SPIRIT-BASED RTDS
3.2. WINE-BASED RTDS
4. COMPETITIVE LANDSCAPE
4.1. WORLD SPIRITS SA
4.2. CASA DELLEPIANE SA
4.3. ANHEUSER BUSCH INBEV NV
4.4. DIAGEO PLC
4.5. CEPAS ARGENTINAS SA
4.6. GRUPO PEÑAFLOR SA
4.7. BODEGAS VALENTIN BIANCHI SA
5. RESEARCH METHODOLOGY & SCOPE
5.1. RESEARCH SCOPE & DELIVERABLES
5.2. SOURCES OF DATA
5.3. RESEARCH METHODOLOGY
TABLE LIST
TABLE 1: ARGENTINA ALCOHOLIC READY-TO-DRINKS (RTDS) MARKET 2021-2026 (IN $ MILLION)
TABLE 2: ARGENTINA ALCOHOLIC READY-TO-DRINKS (RTDS) MARKET 2021-2026 (IN MILLION LITRES)
TABLE 3: ARGENTINA – COUNTRY SNAPSHOT
TABLE 4: MARKET SHARE ANALYSIS OF KEY PLAYERS, 2018 & 2019 (IN %)
TABLE 5: BRAND SHARE ANALYSIS, 2018 & 2019 (IN %)
TABLE 6: ARGENTINA ALCOHOLIC READY-TO-DRINKS (RTDS) MARKET, BY RTD TYPE, 2021-2026 (IN $ MILLION)
TABLE 7: ARGENTINA ALCOHOLIC READY-TO-DRINKS (RTDS) MARKET, BY RTD TYPE, 2021-2026 (IN MILLION LITRES)
FIGURE LIST
FIGURE 1: ARGENTINA ALCOHOLIC READY-TO-DRINKS (RTDS) MARKET 2021-2026 (IN $ MILLION)
FIGURE 2: MARKET ATTRACTIVENESS INDEX
FIGURE 3: MARKET SHARE ANALYSIS OF KEY PLAYERS, 2018 & 2019 (IN %)
FIGURE 4: BRAND SHARE ANALYSIS, 2018 & 2019 (IN %)
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