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    Alcoholic Drinks

    Indonesia Spirits Market 2024

    The Indonesia spirits market is projected to expand significantly, increasing from USD 442.4 million in 2023 to USD 863.9 million by 2029, reflecting a robust compound annual growth rate (CAGR) of 11.8% during the forecast period. Indonesia’s spirits market is witnessing growth, driven by the younger demographic’s changing consumption habits and an increasing openness to Wes…

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    India Spirits Market 2024

    Anticipated trends indicate that the India spirits market will achieve incremental growth of USD 24.6 billion, translating to a compound annual growth rate (CAGR) of around 9.5% during the forecast period of 2024 to 2029. India’s spirits market is experiencing rapid growth, fueled by increasing disposable incomes and a burgeoning middle class. Whiskey is the do…

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    Hong Kong Spirits Market 2024

    Anticipated growth in the Hong Kong spirits market stands at USD 78.9 million, with an expected compound annual growth rate (CAGR) of approximately 2.6% during the period spanning 2024 to 2029. Hong Kong’s spirits market is influenced by its position as an international hub for trade and tourism, which fosters a strong demand for premiu…

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    China Spirits Market 2024

    Projected incremental growth in the China spirits market is set at USD 45.2 billion, reflecting a compound annual growth rate (CAGR) of nearly 4% over the forecast period from 2024 to 2029. China’s spirits market is being driven by the rise of a younger, more affluent middle class that is increasingly willing to experiment with p…

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    Azerbaijan Spirits Market 2024

    The market for spirits is set for moderate growth, with projections indicating an increase of USD 156.4 million and a compound annual growth rate (CAGR) nearing 6.2% over the forecast period. Azerbaijan’s spirits market is expanding due to growing consumer interest in Western alcoholic beverages, especially vodka and whiskey, as disposable incomes rise in urban…

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    Global Spirits Market 2024

    The global spirits market is set to increase from USD 750.6 billion in 2023 to USD 1,019.0 billion by 2029, reflecting a CAGR of 5.3% over the 2024 to 2029 timeframe. Globally, the spirits market is being influenced by several key factors, including the premiumization trend, growing demand for craft spirits, and rising interest in hea…

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    North America Spirits Market 2024

    An incremental growth of USD 28.3 billion is forecasted for the North America spirits market, which is likely to experience a CAGR of roughly 3.3% between 2024 and 2029. The North American spirits market is experiencing growth, driven by premiumization and evolving consumer preferences. The shift toward high-end, craft, and artisanal spirits is particularly eviden…

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    Latin America Spirits Market 2024

    The Latin America spirits market is on track for a substantial increase of USD 21.0 billion, indicating a compound annual growth rate (CAGR) of roughly 7.4% during the forecast period from 2024 to 2029. Latin America’s spirits market is seeing strong growth due to a combination of cultural factors and a growing young, urban popula…

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    Asia Pacific Spirits Market 2024

    Insights reveal that the Asia Pacific spirits market is set for a healthy expansion, with an anticipated growth of USD 120.6 billion, corresponding to a compound annual growth rate (CAGR) of nearly 5.9% from 2024 to 2029. In Asia Pacific, the spirits market is booming, driven by rapid urbanization, increasing disposable income, and an expand…

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    Europe Spirits Market 2024

    The forecast period from 2024 to 2029 suggests that the Europe spirits market will see a slight growth trajectory, with an anticipated increase of USD 42.5 billion and a CAGR of around 4.3%. In Europe, the spirits market is being driven by several factors, including a trend toward premiumization and the rising popularity of artisa…

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    Middle East and Africa Spirits Market 2024

    Projections for the Middle East and Africa spirits market suggest a promising growth trajectory, with an anticipated rise of USD 17.9 billion and a compound annual growth rate (CAGR) nearing 8.4% over the next five years. The spirits market in the Middle East and Africa is being propelled by a combination of economic growth and ev…

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    United Kingdom Menstrual Hygiene Products Market 2024

    The latest estimates indicate that the United Kingdom menstrual hygiene products market is expected to experience modest growth, with an incremental increase of USD 76.8 million. This growth is projected to occur at a compound annual growth rate (CAGR) of approximately 2.4% during the forecast period from 2024 to 2029. The United Kingdom’s menstrual hygien…

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