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Australia Coffee Market 2024
The Australia coffee market is expected to experience robust growth, with a projected increase of USD 0.9 billion and a compound annual growth rate (CAGR) of approximately 5.5% throughout the forecast period. Australia’s coffee market is marked by a sophisticated café culture and a strong preference for high-quality coffee. Specialty coffee shops are prevalent, with c…
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Beverages
Vietnam Coffee Market 2024
The Vietnam coffee market is projected to expand significantly, increasing from USD 1,732.2 million in 2023 to USD 3,119.3 million by 2029, reflecting a robust compound annual growth rate (CAGR) of 10.3% during the forecast period. Vietnam’s coffee market is robust, driven by its long-standing coffee culture and status as a leading coffee producer. The de…
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Beverages
Uzbekistan Coffee Market 2024
Marked by strong momentum, the Uzbekistan coffee market is set to experience significant growth, adding USD 103.6 million by 2029 and achieving an impressive CAGR of nearly 10.2%. Uzbekistan’s coffee market is in its early stages, characterized by rising interest in coffee consumption, particularly among younger demographics. The development of café culture and the introd…
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Beverages
Thailand Coffee Market 2024
The Thailand coffee sector is poised for a dynamic growth phase, anticipating an increase of USD 0.6 billion and a compound annual growth rate (CAGR) of approximately 5.2% from 2024 to 2029. Thailand’s coffee market is growing due to increasing consumer interest in specialty coffee and café culture. The demand for high-quality, artisanal coffee is on…
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Beverages
Taiwan Coffee Market 2024
The market for coffee is set for moderate growth, with projections indicating an increase of USD 0.9 billion and a compound annual growth rate (CAGR) nearing 7.7% over the forecast period. Taiwan’s coffee market is flourishing, with consumers increasingly drawn to specialty coffee and unique brewing techniques. The café culture is strong, and rising dispos…
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Beverages
Sri Lanka Coffee Market 2024
The Sri Lanka coffee market is anticipated to witness significant growth, with an expected uptick of USD 21.3 million, equating to a compound annual growth rate (CAGR) of about 8.9% in the coming years. Sri Lanka’s coffee market is slowly developing, with increasing interest in coffee as an alternative to traditional tea. Local cultivation effort…
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Beverages
South Korea Coffee Market 2024
Forecasts highlight a favorable growth outlook for the South Korea coffee market, with a projected increase of USD 2.1 billion and a compound annual growth rate (CAGR) close to 6% through 2029. South Korea’s coffee market is booming, driven by a strong café culture and a youthful population’s affinity for specialty coffee. The market is cha…
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Beverages
Singapore Coffee Market 2024
The Singapore coffee market is on track for a substantial increase of USD 128.6 million, indicating a compound annual growth rate (CAGR) of roughly 6% during the forecast period from 2024 to 2029. Singapore’s coffee market is vibrant, with a strong emphasis on specialty coffee and unique brewing methods. The café culture is thriving, with c…
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Beverages
Philippines Coffee Market 2024
Insights reveal that the Philippines coffee market is set for a healthy expansion, with an anticipated growth of USD 1.0 billion, corresponding to a compound annual growth rate (CAGR) of nearly 8% from 2024 to 2029. The coffee market in the Philippines is characterized by a growing coffee culture and rising domestic consumption. Increasing awaren…
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Beverages
Pakistan Coffee Market 2024
With accelerating growth dynamics, the Pakistan coffee sector is anticipated to expand by USD 115.3 million, exhibiting a robust CAGR of 11.7% during the period from 2024 to 2029. In Pakistan, the coffee market is gradually expanding, driven by changing consumer preferences towards coffee over traditional beverages. The rise of cafés and coffee shops, especi…
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Beverages
Myanmar Coffee Market 2024
The Myanmar coffee market is on track to grow from USD 723.6 million in 2023 to USD 1,167.5 million by 2029, with a projected CAGR of 8.3% across the forecast period. Myanmar’s coffee market is beginning to grow as awareness of coffee as a beverage increases among younger consumers. The country’s unique coffee varieties and cu…
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Beverages
Malaysia Coffee Market 2024
Forecasted to grow at a moderate pace, the Malaysia coffee market size is expected to reach USD 1,442.7 million by 2029, up from USD 1,076.6 million in 2023, resulting in a CAGR of 5%. In Malaysia, the coffee market is witnessing growth due to an evolving coffee culture and increased interest in specialty beverages. Rising…