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Beverages
Paraguay Tea Market 2024
Anticipated to see moderate growth, the Paraguay tea market is projected to achieve a CAGR of around 4.3% throughout the 2024 to 2029 timeframe. Paraguay’s tea market is heavily influenced by traditional herbal infusions like yerba mate, while global wellness trends drive interest in green and fruit-infused teas. Urbanization and growing disposable incomes are encour…
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Beverages
Panama Tea Market 2024
Incremental growth of USD 25.5 million is anticipated in the Panama tea market, which will expand at a CAGR of approximately 3.3% over the forecast period spanning 2024 to 2029. In Panama, the tea market benefits from a growing middle class with a preference for wellness-oriented products. The expansion of modern retail and online platfo…
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Beverages
Mexico Tea Market 2024
Forecasts highlight a favorable growth outlook for the Mexico tea market, with a projected increase of USD 109.9 million and a compound annual growth rate (CAGR) close to 8.5% through 2029. Mexico’s tea market growth is fueled by increasing interest in health-centric beverages, with green and herbal teas gaining popularity. A robust café culture suppor…
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Beverages
Honduras Tea Market 2024
Projected to witness steady expansion, the Honduras tea market is expected to achieve a CAGR of around 6.6% from 2024 to 2029, reflecting positive market conditions. The tea market in Honduras is gaining traction due to rising awareness of health and wellness benefits, particularly for herbal teas. The expansion of modern retail networks enhances access…
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Beverages
Guatemala Tea Market 2024
The Guatemala tea market is on track for meaningful growth, projected to register a compound annual growth rate (CAGR) of roughly 4.6% over the forecast period from 2024 to 2029. Guatemala’s tea market is shaped by traditional herbal remedies and increasing interest in wellness beverages. Local production of herbal teas and imports of specialty variet…
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Beverages
El Salvador Tea Market 2024
Expected to experience slow growth, the El Salvador tea market is on track to register a compound annual growth rate (CAGR) of roughly 3.8% during the forecast period from 2024 to 2029. In El Salvador, tea market expansion is influenced by rising health awareness and demand for herbal infusions. The availability of international brands throug…
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Beverages
Ecuador Tea Market 2024
The Ecuador tea market is likely to see gradual development, with a projected CAGR of about 2.2% from 2024 to 2029, reflecting steady consumer demand. Ecuador’s tea market is bolstered by increasing interest in wellness-focused products, particularly herbal and fruit-infused teas. Growth in urbanization and disposable incomes supports demand for premium tea blends. Local herbal…
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Beverages
Dominican Republic Tea Market 2024
Anticipated to see moderate growth, the Dominican Republic tea market is projected to achieve a CAGR of around 7.1% throughout the 2024 to 2029 timeframe. In the Dominican Republic, tea market growth is driven by health-conscious consumers seeking herbal remedies. The expansion of organized retail and availability of imported teas reflect a shift toward premiu…
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Beverages
Costa Rica Tea Market 2024
Anticipated growth in the Costa Rica tea market stands at USD 13.3 million, with an expected compound annual growth rate (CAGR) of approximately 4.8% during the period spanning 2024 to 2029. Costa Rica’s tea market is supported by growing health awareness, with herbal and green teas gaining popularity. The tourism sector introduces international tea trends…
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Beverages
Colombia Tea Market 2024
The Colombia tea sector is poised for a dynamic growth phase, anticipating an increase of USD 37.1 million and a compound annual growth rate (CAGR) of approximately 8% from 2024 to 2029. Colombia’s tea market growth is driven by increasing consumer interest in natural and health-enhancing beverages. Herbal teas and fruit-infused blends are particularly popula…
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Beverages
Chile Tea Market 2024
The market for tea is set for moderate growth, with projections indicating an increase of USD 217.9 million and a compound annual growth rate (CAGR) nearing 6.3% over the forecast period. Chile’s tea market is influenced by a strong tradition of herbal infusions, with rising demand for wellness-focused beverages. Premiumization trends are evident in the gr…
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Beverages
Brazil Tea Market 2024
The Brazil tea market is on track to grow from USD 1,206.8 million in 2023 to USD 1,936.4 million by 2029, with a projected CAGR of 8.2% across the forecast period. Brazil’s tea market benefits from increasing consumer awareness of tea’s health benefits, especially green and herbal teas. A growing middle class supports demand for pr…