Beverages

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    Beverages

    Belgium Hot Drinks Market 2024

    The Belgium hot drinks market is on track for slight growth, expected to expand from USD 1,953.5 million in 2023 to USD 2,292.1 million by 2029, with a CAGR of 2.7% during the evaluated period. Belgium’s hot drinks market is influenced by its strong coffee culture, with consumers showing a preference for gourmet and artisa…

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    Austria Hot Drinks Market 2024

    Anticipated to grow gradually, the Austria hot drinks market size is set to rise from USD 2,503.8 million in 2023 to USD 2,989.7 million by 2029, achieving a CAGR of 3% throughout the forecast period. Austria’s hot drinks market is shaped by its rich coffee tradition, particularly the consumption of espresso and Viennese coffee. The in…

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    USA Hot Drinks Market 2024

    The USA hot drinks market is poised for gradual expansion, anticipated to grow by USD 7.0 billion with a compound annual growth rate (CAGR) of around 2.6% throughout the 2024 to 2029 forecast period. The hot drinks market in the USA is characterized by a vibrant coffee culture, with a growing preference for specialty and ar…

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    Canada Hot Drinks Market 2024

    The Canada hot drinks market is anticipated to witness significant growth, with an expected uptick of USD 2.4 billion, equating to a compound annual growth rate (CAGR) of about 5.3% in the coming years. Canada’s hot drinks market is driven by a strong coffee culture, with a growing demand for specialty and artisanal coffee produc…

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    United Arab Emirates Hot Drinks Market 2024

    The United Arab Emirates hot drinks market is projected to expand from USD 1,041.4 million in 2023 to USD 1,511.0 million by 2029, achieving a compound annual growth rate (CAGR) of 6.4% during the period from 2024 to 2029. In the UAE, the hot drinks market is characterized by a blend of traditional and modern…

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    Uganda Hot Drinks Market 2024

    The Uganda hot drinks market is poised for moderate growth, projected to increase from USD 1,371.8 million in 2023 to USD 2,070.3 million by 2029, achieving a CAGR of 7.1% during the forecast period. Uganda’s hot drinks market is driven by its status as a coffee-producing country, with an increasing focus on quality and specia…

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    Tunisia Hot Drinks Market 2024

    A rapid growth trajectory is forecasted for the Tunisia hot drinks market, with incremental gains of USD 293.7 million and a compound annual growth rate (CAGR) nearing 10.3% over the next five years. Tunisia’s hot drinks market is shaped by a strong tea culture, particularly the consumption of mint tea. The rising trend of health…

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    Tanzania Hot Drinks Market 2024

    The Tanzania hot drinks market is on track to grow from USD 693.5 million in 2023 to USD 1,112.8 million by 2029, with a projected CAGR of 8.2% across the forecast period. Tanzania’s hot drinks market is influenced by a rich coffee culture, with a focus on locally produced varieties. The increasing interest in premiu…

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    South Africa Hot Drinks Market 2024

    Forecasted to grow at a moderate pace, the South Africa hot drinks market size is expected to reach USD 2,749.0 million by 2029, up from USD 1,751.7 million in 2023, resulting in a CAGR of 7.8%. In South Africa, the hot drinks market is characterized by a diverse tea culture, particularly rooibos tea. The growin…

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    Saudi Arabia Hot Drinks Market 2024

    Anticipated trends indicate that the Saudi Arabia hot drinks market will achieve incremental growth of USD 1.5 billion, translating to a compound annual growth rate (CAGR) of around 8% during the forecast period of 2024 to 2029. Saudi Arabia’s hot drinks market is driven by a strong preference for Arabic coffee and tea, with both b…

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    Qatar Hot Drinks Market 2024

    Anticipated to grow steadily, the Qatar hot drinks market is expected to rise from USD 1,052.8 million in 2023 to USD 1,727.1 million by 2029, with a CAGR of 8.6% throughout the forecast period. Qatar’s hot drinks market is shaped by a cultural affinity for traditional Arabic coffee and tea. The increasing availability of intern…

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    Oman Hot Drinks Market 2024

    The Oman hot drinks market is projected to show slight growth, anticipated to rise from USD 986.7 million in 2023 to USD 1,284.9 million by 2029, reflecting a compound annual growth rate (CAGR) of 4.5% during the period from 2024 to 2029. In Oman, the hot drinks market is characterized by a strong preference for Ar…

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