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Bosnia and Herzegovina Coffee Market 2024
The Bosnia and Herzegovina coffee market is poised for gradual growth, with an expected incremental increase of USD 60.6 million, reflecting a compound annual growth rate (CAGR) of nearly 3.6% from 2024 to 2029. In Bosnia and Herzegovina, the coffee market benefits from traditional coffee-drinking habits, which are increasingly blending with modern café culture. Growin…
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Belarus Coffee Market 2024
The Belarus coffee market is on track for a substantial increase of USD 280.6 million, indicating a compound annual growth rate (CAGR) of roughly 8.4% during the forecast period from 2024 to 2029. Belarus’s coffee market is gradually evolving, with increasing urbanization and a growing interest in coffee culture. The rise of coffee shops and ca…
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New Zealand Coffee Market 2024
Expected growth in the New Zealand coffee market is projected at USD 112.5 million, reflecting a compound annual growth rate (CAGR) of approximately 4% during the upcoming 2024 to 2029 period. In New Zealand, the coffee market benefits from a strong coffee culture and a focus on high-quality, locally sourced products. The rise of specia…
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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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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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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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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…