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Beverages
Guatemala Hot Drinks Market 2024
Anticipated to grow gradually, the Guatemala hot drinks market size is set to rise from USD 1,051.7 million in 2023 to USD 1,361.7 million by 2029, achieving a CAGR of 4.4% throughout the forecast period. In Guatemala, the hot drinks market is shaped by its reputation as a coffee-producing nation, with an emphasis on high-q…
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Beverages
El Salvador Hot Drinks Market 2024
The El Salvador hot drinks market is likely to exhibit mild growth, with a projected increase from USD 1,395.5 million in 2023 to USD 1,685.8 million by 2029, corresponding to a CAGR of 3.2% during the 2024 to 2029 timeframe. El Salvador’s hot drinks market is characterized by a deep-rooted coffee culture, with a focus…
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Beverages
Ecuador Hot Drinks Market 2024
Incremental growth of USD 69.7 million is anticipated in the Ecuador hot drinks market, which will expand at a CAGR of approximately 3.3% over the forecast period spanning 2024 to 2029. In Ecuador, the hot drinks market benefits from a rich heritage of coffee cultivation, particularly in the Andean regions. The increasing interest in specia…
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Beverages
Dominican Republic Hot Drinks Market 2024
The Dominican Republic hot drinks market is projected to expand from USD 916.2 million in 2023 to USD 1,421.9 million by 2029, achieving a compound annual growth rate (CAGR) of 7.6% during the period from 2024 to 2029. The hot drinks market in the Dominican Republic is driven by a strong coffee culture, with locall…
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Beverages
Costa Rica Hot Drinks Market 2024
The Costa Rica hot drinks market is poised for moderate growth, projected to increase from USD 701.8 million in 2023 to USD 962.2 million by 2029, achieving a CAGR of 5.4% during the forecast period. In Costa Rica, the hot drinks market is driven by a strong coffee culture, particularly with a focus on sustai…
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Beverages
Colombia Hot Drinks Market 2024
Expected to see substantial growth, the Colombia hot drinks market is anticipated to move from USD 2,335.3 million in 2023 to USD 3,165.5 million by 2029, corresponding to a CAGR of 5.2%. Colombia’s hot drinks market is propelled by its rich coffee heritage, with an increasing interest in specialty and artisanal coffee products. The rise o…
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Beverages
Chile Hot Drinks Market 2024
The Chile hot drinks market is on track to grow from USD 1,863.6 million in 2023 to USD 3,040.4 million by 2029, with a projected CAGR of 8.5% across the forecast period. In Chile, the hot drinks market is shaped by a growing demand for high-quality coffee and traditional herbal teas. The increasing focus on hea…
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Beverages
Brazil Hot Drinks Market 2024
The Brazil hot drinks market is anticipated to witness significant growth, with an expected uptick of USD 11.2 billion, equating to a compound annual growth rate (CAGR) of about 7.1% in the coming years. Brazil’s hot drinks market is characterized by a strong coffee culture, with consumers increasingly seeking premium and specialty coffee options. The gr…
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Beverages
Bolivia Hot Drinks Market 2024
Forecasts highlight a favorable growth outlook for the Bolivia hot drinks market, with a projected increase of USD 199.5 million and a compound annual growth rate (CAGR) close to 7.9% through 2029. Bolivia’s hot drinks market is influenced by a cultural affinity for traditional herbal teas, particularly those derived from local plants. The growing intere…
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Beverages
Argentina Hot Drinks Market 2024
Driven by strong market fundamentals, the Argentina hot drinks market is expected to achieve rapid growth, adding USD 22.3 billion in value and delivering a CAGR of approximately 22.4% through the forecast period. In Argentina, the hot drinks market is dominated by mate, a traditional herbal drink that is integral to the culture. The rising…
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Beverages
Ukraine Hot Drinks Market 2024
The Ukraine hot drinks market is projected to expand from USD 2,078.2 million in 2023 to USD 3,297.8 million by 2029, achieving a compound annual growth rate (CAGR) of 8% during the period from 2024 to 2029. Ukraine’s hot drinks market is characterized by a strong tea culture, with both traditional and modern varieties gainin…
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Beverages
Slovenia Hot Drinks Market 2024
The Slovenia hot drinks market is poised for gradual expansion, anticipated to grow by USD 140.3 million with a compound annual growth rate (CAGR) of around 4.4% throughout the 2024 to 2029 forecast period. In Slovenia, the hot drinks market is shaped by a burgeoning coffee scene, with a growing preference for artisanal and specia…