Latin America Quick Commerce Forecast Report 2026-2030: $10+ Bn Market Heats Up as Rappi, iFood and Mercado Libre Scale Logistics While Amazon and New Entrants Raise Competition
Dublin, April 30, 2026 (GLOBE NEWSWIRE) -- The "Latin America Quick Commerce Market Size & Forecast by Value and Volume Across 100+ KPIs by Product Type, Payment Mode, Age Group, Location, Business Model, and Delivery Time - Databook Q1 2026 Update" report has been added to ResearchAndMarkets.com's offering.
The quick commerce market in Latin America region is expected to grow by 9.1% annually, reaching US$07.2 billion by 2025. The quick commerce market in the region has experienced robust growth during 2020-2024, achieving a CAGR of 8.4%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 8.8% from 2025 to 2029. By the end of 2029, the quick commerce market is projected to expand from its 2024 value of US$06.6 billion to approximately US$10.1 billion.
Over the next 2-4 years, quick commerce in Brazil, Mexico, Colombia, and Chile is likely to be defined less by "meal delivery" and more by mission types, such as urgent medicine, top-up groceries, missing ingredients, small electronics, or pet products. Players that can manage cold chain, substitutions and on-shelf accuracy will strengthen their position with supermarkets and pharmacies. Fast next-day delivery from Mercado Libre and others will sit alongside sub-30-minute services from Rappi, iFood and Uber, giving consumers multiple speed-price trade-offs for similar baskets.
Current State of the Market
Key Players and New Entrants
Recent Launches, Mergers, and Acquisitions
Key Trends & Drivers
A Bundled Offering, Combining the Following 6 Reports, Covering 600+ Tables and 700+ Figures
Key Attributes:
Report Scope for Each Report
Quick Commerce Market Size and Growth Dynamics
Quick Commerce Market Segmentation by Product Type
Quick Commerce Market Segmentation by Payment Mode
Quick Commerce Market Segmentation by Age Group
Quick Commerce Market Segmentation by Location Tier
Quick Commerce Market Segmentation by Business Model
Quick Commerce Market Segmentation by Delivery Time
Quick Commerce Consumer Behavior and Demographics
Quick Commerce Revenue Structure and Composition
Quick Commerce Operational Metrics by Product Type
Quick Commerce Operational Metrics by Payment Mode
Quick Commerce Operational Metrics by Age Group
Quick Commerce Operational Metrics by Location Tier
Quick Commerce Operational Metrics by Business Model
Quick Commerce Operational Metrics by Delivery Time
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