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Hungary Tea Market 2024
Insights reveal that the Hungary tea market is set for a healthy expansion, with an anticipated growth of USD 49.7 million, corresponding to a compound annual growth rate (CAGR) of nearly 5.3% from 2024 to 2029. Hungary’s tea market is driven by rising consumer interest in wellness, with herbal and green teas gaining prominence. The in…
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Beverages
Georgia Tea Market 2024
The Georgia tea market is expected to experience robust growth, with a projected increase of USD 21.5 million and a compound annual growth rate (CAGR) of approximately 7.2% throughout the forecast period. Georgia’s tea market is bolstered by its historical tea production and increasing domestic consumption. Efforts to revive local tea cultivation align with growin…
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Beverages
Estonia Tea Market 2024
Projections for the Estonia tea market suggest a promising growth trajectory, with an anticipated rise of USD 13.7 million and a compound annual growth rate (CAGR) nearing 5.5% over the next five years. Estonia’s tea market is shaped by a preference for herbal teas, reflecting traditional practices and modern health trends. Imported specialty teas, includ…
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Beverages
Czech Republic Tea Market 2024
An incremental growth of USD 42.1 million is forecasted for the Czech Republic tea market, which is likely to experience a CAGR of roughly 3.2% between 2024 and 2029. The Czech Republic’s tea market is experiencing growth as consumers explore diverse flavors, including herbal and specialty teas. Rising health awareness is fueling demand for green…
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Beverages
Croatia Tea Market 2024
The Croatia tea market is expected to realize a modest increase of USD 10.4 million, demonstrating a CAGR of about 3.9% during the forecast period from 2024 to 2029. In Croatia, the tea market is gaining momentum due to increased interest in health-conscious living. Herbal and green teas are particularly popular among consumers seeking wellne…
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Beverages
Bulgaria Tea Market 2024
The Bulgaria tea sector is poised for a dynamic growth phase, anticipating an increase of USD 17.3 million and a compound annual growth rate (CAGR) of approximately 5.1% from 2024 to 2029. Bulgaria’s tea market is driven by a strong preference for herbal and fruit-infused teas. The health and wellness trend is spurring demand for na…
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Beverages
Bosnia and Herzegovina Tea Market 2024
The Bosnia and Herzegovina tea market is anticipated to grow slowly, with a compound annual growth rate (CAGR) estimated at about 3.1% during the forecast period extending from 2024 to 2029. In Bosnia and Herzegovina, tea consumption is growing alongside awareness of its health benefits. Herbal teas are particularly popular, reflecting traditional remedies. Rising urbani…
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Beverages
Belarus Tea Market 2024
The Belarus tea market is anticipated to witness significant growth, with an expected uptick of USD 172.8 million, equating to a compound annual growth rate (CAGR) of about 8.4% in the coming years. Belarus’s tea market is anchored by a steady demand for black tea, a staple in daily consumption. Rising incomes and urbanization are fo…
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Beverages
New Zealand Tea Market 2024
The New Zealand tea market is poised for gradual growth, with an expected incremental increase of USD 24.8 million, reflecting a compound annual growth rate (CAGR) of nearly 2.8% from 2024 to 2029. New Zealand’s tea market is characterized by strong consumer preference for natural and organic products. Green and herbal teas are gaining tracti…
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Beverages
Australia Tea Market 2024
The latest estimates indicate that the Australia tea market is expected to experience modest growth, with an incremental increase of USD 134.8 million. This growth is projected to occur at a compound annual growth rate (CAGR) of approximately 3.5% during the forecast period from 2024 to 2029. Australia’s tea market is supported by rising health…
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Beverages
Vietnam Tea Market 2024
The Vietnam tea market is set to increase from USD 741.4 million in 2023 to USD 1,223.0 million by 2029, reflecting a CAGR of 8.7% over the 2024 to 2029 timeframe. Vietnam’s tea market is buoyed by its robust domestic tea production and the global popularity of green and oolong teas. Rising health awareness among…
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Beverages
Uzbekistan Tea Market 2024
Anticipated to grow steadily, the Uzbekistan tea market is expected to rise from USD 710.6 million in 2023 to USD 1,185.2 million by 2029, with a CAGR of 8.9% throughout the forecast period. Uzbekistan’s tea market thrives on strong cultural ties to tea consumption, particularly black tea. Urbanization and economic growth are driving demand for pr…