Grocery market in Argentina

Market development

eCommerce revenue development in the Hot Drinks market in Argentina

The Argentinian Hot Drinks eCommerce market is predicted to reach US$78.0 million by 2024 and accounts for 52.8% of the Non-Alcoholic Beverages eCommerce market in Argentina. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 9.4%, resulting in a projected market volume of US$111.9 million by 2028. The Hot Drinks eCommerce market is a sub-market of the Non-Alcoholic Beverages market. Further categories within the Non-Alcoholic Beverages market are: Juices, Other Non-Alcoholic Beverages, and Water.

eCommerce revenue development in the Hot Drinks market in Argentina

in million US$

eCommerce revenue growth in the Hot Drinks market in Argentina

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)26.510.710.723.482.695.850.283.5

Online share

eCommerce online share of the total Hot Drinks market in Argentina

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the Argentinian Hot Drinks retail market, the online share is 1.8% and will increase by an average of 43.2% to 7.4% by 2028.

eCommerce online share of the total Hot Drinks market in Argentina

in %
20202021202220232024202520262027
Online share (in %)75.3%17.4%52.0%71.2%43.8%5.0%68.4%7.8%

Market definition

Definition of the Hot Drinks market within the Grocery market

Market definition: Grocery > Beverages > Non-Alcoholic Beverages > Hot Drinks The category Hot Drinks includes the online trade of coffee and tea. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Coffee
  • Tea