The Argentina hot drinks market size reached USD 4.60 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 120.70 Billion by 2033, exhibiting a growth rate (CAGR) of 38.70% during 2025-2033. The increasing consumer demand for premium coffee and tea products, thriving café culture, the rising popularity of health-oriented herbal teas, and continuous innovations in flavors and packaging that cater to evolving preferences for convenience and quality are some of the factors contributing to the market growth.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 4.60 Billion |
Market Forecast in 2033 | USD 120.70 Billion |
Market Growth Rate (2025-2033) | 38.70% |
Growing popularity of specialty coffee
In Argentina, a significant inclination towards specialty coffee is currently being observed, mainly propelled by an expanding base of customers who acknowledge artisanal, premium-quality coffee products. This trend is highlighted by an escalated preference for the origins of coffee, the production methodologies, and the distinct flavors associated with different regions. As a result, there is a surging proliferation of specialty coffee shops, cafes, and small-scale local roasters catering to an increasingly sophisticated consumer base that values unique, premium coffee experiences. For instance, industry reports indicate that as of January 2025, there are around 1475 cafes in Argentina which is an 1.42% elevation from the year 2023. Santa Fe Province, Córdoba Province, and Mendoza are three top states with most cafes in the country. Moreover, as Argentine consumers become more knowledgeable about coffee varieties and brewing techniques, the demand for specialty coffees, including single-origin and organic blends, continues to rise, significantly contributing to the market dynamics in the hot drinks sector.
Expansion of home brewing practices
The trend towards home brewing of coffee and tea is another significant factor driving the Argentina hot drinks market. For instance, as per industry reports, Argentina consumes 37,260,000 kg of coffee annually, with an average yearly per capita consumption of 0.81 kg and a daily intake of 0.21 kg per person. Over a lifetime, an individual in Argentina is estimated to consume approximately 4,292 cups of coffee. Furthermore, economic factors have led more consumers to replicate café-quality beverages in the comfort of their homes. This shift has been supported by the availability of a wide range of consumer brewing equipment, such as sophisticated espresso machines, French presses, and specialty tea infusers. Retailers and hot drink suppliers are capitalizing on this trend by offering a variety of home brewing products and accessories, along with educational content, to enhance consumer knowledge and skills in making artisanal coffee and tea. The move towards home brewing reflects a desire for convenience and cost-saving along with a deeper engagement with the ritual aspects of preparing hot beverages, further enriching the consumer experience and thus impelling the market growth.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on product.
Product Insights:
The report has provided a detailed breakup and analysis of the market based on the product. This includes coffee, tea, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Buenos Aires Region, Litoral Region, Northern Region, Cordoba Region, Cuyo Region, and Patagonia Region.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Products Covered | Coffee, Tea, Others |
Regions Covered | Buenos Aires Region, Litoral Region, Northern Region, Cordoba Region, Cuyo Region, Patagonia Region |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: