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Nigeria Hot Drinks Market 2024
The Nigeria hot drinks market is set for explosive growth, projected to climb from USD 1,363.6 million in 2023 to USD 3,833.4 million by 2029, achieving a remarkable CAGR of 18.8% over the 2024-2029 period. Nigeria’s hot drinks market is influenced by a growing demand for local coffee varieties and traditional beverages. The increasing intere…
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Beverages
Morocco Hot Drinks Market 2024
Expected to see substantial growth, the Morocco hot drinks market is anticipated to move from USD 1,402.2 million in 2023 to USD 1,955.5 million by 2029, corresponding to a CAGR of 5.7%. Morocco’s hot drinks market is shaped by the cultural significance of mint tea, which plays a central role in social interactions. The rising…
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Beverages
Lebanon Hot Drinks Market 2024
The Lebanon hot drinks market is projected to grow swiftly, with a USD 11.4 billion increase in market size and a compound annual growth rate (CAGR) close to 20.3%, driven by heightened demand and innovation. Lebanon’s hot drinks market is characterized by a rich tradition of coffee and tea consumption, particularly Arabic coffee. The increa…
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Beverages
Kuwait Hot Drinks Market 2024
Forecasted to grow at a moderate pace, the Kuwait hot drinks market size is expected to reach USD 1,895.2 million by 2029, up from USD 1,351.3 million in 2023, resulting in a CAGR of 5.8%. In Kuwait, the hot drinks market is influenced by a cultural preference for Arabic coffee and tea. The rising trend…
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Beverages
Kenya Hot Drinks Market 2024
The Kenya hot drinks market is set to increase from USD 594.4 million in 2023 to USD 857.6 million by 2029, reflecting a CAGR of 6.3% over the 2024 to 2029 timeframe. Kenya’s hot drinks market is driven by a strong tea culture, with black tea being particularly popular. The growing interest in high-quality Kenyan…
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Beverages
Jordan Hot Drinks Market 2024
Anticipated to grow steadily, the Jordan hot drinks market is expected to rise from USD 1,420.9 million in 2023 to USD 2,180.7 million by 2029, with a CAGR of 7.4% throughout the forecast period. Jordan’s hot drinks market is shaped by a strong cultural preference for traditional Arabic coffee and tea. The increasing availability of pre…
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Beverages
Israel Hot Drinks Market 2024
The Israel hot drinks market is projected to show slight growth, anticipated to rise from USD 1,889.4 million in 2023 to USD 2,432.4 million by 2029, reflecting a compound annual growth rate (CAGR) of 4.3% during the period from 2024 to 2029. In Israel, the hot drinks market is characterized by a diverse coffee cultur…
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Beverages
Iraq Hot Drinks Market 2024
The Iraq hot drinks market is poised for moderate growth, projected to increase from USD 1,271.2 million in 2023 to USD 1,929.2 million by 2029, achieving a CAGR of 7.2% during the forecast period. Iraq’s hot drinks market is influenced by a traditional affinity for tea and coffee, with both beverages playing significant roles in soc…
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Beverages
Iran Hot Drinks Market 2024
The Iran hot drinks market is poised for rapid expansion, with a projected increase of USD 8.3 billion, reflecting a robust compound annual growth rate (CAGR) of 21.5% over the forecast period from 2024 to 2029. Iran’s hot drinks market is characterized by a deep-rooted tea culture, with black tea being a staple. The increa…
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Beverages
Ghana Hot Drinks Market 2024
The Ghana hot drinks market is poised for remarkable growth, forecasted to jump from USD 496.6 million in 2023 to USD 913.9 million by 2029, reflecting a CAGR of 10.7% throughout the evaluation period. In Ghana, the hot drinks market is influenced by a growing preference for locally produced coffee and traditional beverages like cocoa…
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Beverages
Ethiopia Hot Drinks Market 2024
Bolstered by favorable market conditions, the Ethiopia hot drinks sector is anticipated to see a significant rise of USD 3.3 billion, marking a CAGR of nearly 12% during the forecast window. Ethiopia, known as the birthplace of coffee, sees its hot drinks market driven by a strong coffee culture and traditional coffee ceremonies. The increa…
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Beverages
Egypt Hot Drinks Market 2024
Expected to register a strong growth curve, the Egypt hot drinks market is on pace for a substantial increase of USD 2.7 billion, with a notable CAGR of 10.3% from 2024 to 2029. Egypt’s hot drinks market is shaped by a cultural affinity for tea, particularly black and herbal varieties. The rising interest in health…