Hot Drinks

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    Thailand Hot Drinks Market 2024

    Expected to see substantial growth, the Thailand hot drinks market is anticipated to move from USD 2,402.9 million in 2023 to USD 3,370.2 million by 2029, corresponding to a CAGR of 5.8%. In Thailand, the hot drinks market is driven by a robust coffee culture, with specialty coffee shops proliferating in urban areas. The rising

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    Taiwan Hot Drinks Market 2024

    The Taiwan hot drinks market is on track to grow from USD 2,294.0 million in 2023 to USD 3,501.0 million by 2029, with a projected CAGR of 7.3% across the forecast period. Taiwan’s hot drinks market is characterized by a vibrant tea culture, particularly with the popularity of bubble tea and specialty teas. The increa

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    Sri Lanka Hot Drinks Market 2024

    The Sri Lanka hot drinks market is expected to experience robust growth, with a projected increase of USD 131.8 million and a compound annual growth rate (सीएजीआर) of approximately 5.3% throughout the forecast period. Sri Lanka’s hot drinks market is primarily driven by its rich tea heritage, with consumers favoring both traditional Ceylon tea and mo

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    South Korea Hot Drinks Market 2024

    Projections for the South Korea hot drinks market suggest a promising growth trajectory, with an anticipated rise of USD 2.0 billion and a compound annual growth rate (सीएजीआर) nearing 5.3% over the next five years. In South Korea, the hot drinks market is influenced by a burgeoning coffee culture, with specialty coffee shops proliferating. The in

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    Singapore Hot Drinks Market 2024

    The Singapore hot drinks market is poised for gradual growth, with an expected incremental increase of USD 157.2 million, reflecting a compound annual growth rate (सीएजीआर) of nearly 4.5% from 2024 को 2029. Singapore’s hot drinks market is characterized by a sophisticated coffee culture, with consumers increasingly seeking premium and artisanal options. The rising trend

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    Philippines Hot Drinks Market 2024

    The Philippines hot drinks market is poised for steady growth, with an expected increase of USD 1.3 billion, reflecting a compound annual growth rate (सीएजीआर) of approximately 7.1% from 2024 को 2029. In the Philippines, the hot drinks market is driven by the popularity of coffee, especially among younger consumers. The growing trend toward specia

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    Pakistan Hot Drinks Market 2024

    The Pakistan hot drinks market is set for explosive growth, projected to climb from USD 2,320.1 million in 2023 to USD 4,604.1 million by 2029, achieving a remarkable CAGR of 12.1% over the 2024-2029 period. Pakistan’s hot drinks market is heavily influenced by tea consumption, with chai being a staple. The increasing availability of premiu

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    Myanmar Hot Drinks Market 2024

    Expected to see substantial growth, the Myanmar hot drinks market is anticipated to move from USD 912.9 million in 2023 to USD 1,317.1 million by 2029, corresponding to a CAGR of 6.3%. Myanmar’s hot drinks market is characterized by a strong tea culture, particularly with local varieties. The rising disposable incomes and growing interest in pre

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    Malaysia Hot Drinks Market 2024

    The Malaysia hot drinks market is on track to grow from USD 1,718.4 million in 2023 to USD 2,535.8 million by 2029, with a projected CAGR of 6.7% across the forecast period. In Malaysia, the hot drinks market is influenced by a diverse tea culture, with consumers favoring both traditional and modern beverages. The growin

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    Laos Hot Drinks Market 2024

    Forecasts highlight a favorable growth outlook for the Laos hot drinks market, with a projected increase of USD 43.5 million and a compound annual growth rate (सीएजीआर) close to 7.4% through 2029. Laos’s hot drinks market is driven by the cultural significance of tea, particularly herbal varieties. The increasing interest in wellness and health benefi

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    Kazakhstan Hot Drinks Market 2024

    The Kazakhstan hot drinks market is set to increase from USD 1,109.2 million in 2023 to USD 1,674.0 million by 2029, reflecting a CAGR of 7.1% over the 2024 को 2029 timeframe. In Kazakhstan, the hot drinks market is characterized by a strong affinity for tea, particularly black and green tea. The rise in dispos

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    Japan Hot Drinks Market 2024

    Projected incremental growth in the Japan hot drinks market is set at USD 1.7 billion, reflecting a compound annual growth rate (सीएजीआर) of nearly 2.4% over the forecast period from 2024 को 2029. Japan’s hot drinks market is shaped by a deep appreciation for tea, especially green tea, which is integral to the culture. The gr

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