Beverages

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    Croatia Hot Drinks Market 2024

    The Croatia hot drinks market is projected to show slight growth, anticipated to rise from USD 763.9 million in 2023 to USD 1,006.3 million by 2029, reflecting a compound annual growth rate (CAGR) of 4.7% during the period from 2024 to 2029. In Croatia, the hot drinks market is experiencing growth due to a strong…

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    Bulgaria Hot Drinks Market 2024

    The Bulgaria hot drinks market is poised for moderate growth, projected to increase from USD 978.3 million in 2023 to USD 1,326.1 million by 2029, achieving a CAGR of 5.2% during the forecast period. Bulgaria’s hot drinks market is shaped by an increasing preference for quality coffee and herbal teas. The rising disposable income levels…

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    Bosnia and Herzegovina Hot Drinks Market 2024

    The Bosnia and Herzegovina hot drinks market is poised for gradual expansion, anticipated to grow by USD 53.4 million with a compound annual growth rate (CAGR) of around 3% throughout the 2024 to 2029 forecast period. The hot drinks market in Bosnia and Herzegovina is characterized by a cultural affinity for coffee, especially traditional Bosnia…

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    Belarus Hot Drinks Market 2024

    The Belarus hot drinks market is poised for remarkable growth, forecasted to jump from USD 875.8 million in 2023 to USD 1,585.7 million by 2029, reflecting a CAGR of 10.4% throughout the evaluation period. Belarus’s hot drinks market is influenced by a strong tea culture, with black tea being particularly favored. The rising disposable income…

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    New Zealand Hot Drinks Market 2024

    Anticipated to grow gradually, the New Zealand hot drinks market size is set to rise from USD 692.2 million in 2023 to USD 875.9 million by 2029, achieving a CAGR of 4% throughout the forecast period. In New Zealand, the hot drinks market is driven by a preference for premium coffee and organic tea produc…

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    Australia Hot Drinks Market 2024

    The Australia hot drinks market is on track for a substantial increase of USD 1.1 billion, indicating a compound annual growth rate (CAGR) of roughly 5.2% during the forecast period from 2024 to 2029. Australia’s hot drinks market is buoyed by a sophisticated coffee culture, where consumers increasingly seek out high-quality, specialty coffee. The trend…

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    Vietnam Hot Drinks Market 2024

    Insights reveal that the Vietnam hot drinks market is set for a healthy expansion, with an anticipated growth of USD 1.8 billion, corresponding to a compound annual growth rate (CAGR) of nearly 9.6% from 2024 to 2029. In Vietnam, the hot drinks market is characterized by a strong coffee culture, particularly with the popularity of tra…

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    Uzbekistan Hot Drinks Market 2024

    The Uzbekistan hot drinks market is projected to expand from USD 905.8 million in 2023 to USD 1,578.6 million by 2029, achieving a compound annual growth rate (CAGR) of 9.7% during the period from 2024 to 2029. Uzbekistan’s hot drinks market is propelled by a long-standing tradition of tea consumption, with green tea being partic…

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    Turkmenistan Hot Drinks Market 2024

    A surge in demand is expected to drive the Turkmenistan hot drinks market upward, with an estimated growth of USD 343.2 million and a compound annual growth rate (CAGR) approaching 11.3% through 2029. The hot drinks market in Turkmenistan is influenced by a cultural preference for traditional teas, which are often consumed in social settin…

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    Thailand Hot Drinks Market 2024

    Expected to see substantial growth, the Thailand hot drinks market is anticipated to move from USD 2,402.9 million in 2023 to USD 3,370.2 million by 2029, corresponding to a CAGR of 5.8%. In Thailand, the hot drinks market is driven by a robust coffee culture, with specialty coffee shops proliferating in urban areas. The rising…

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    Taiwan Hot Drinks Market 2024

    The Taiwan hot drinks market is on track to grow from USD 2,294.0 million in 2023 to USD 3,501.0 million by 2029, with a projected CAGR of 7.3% across the forecast period. Taiwan’s hot drinks market is characterized by a vibrant tea culture, particularly with the popularity of bubble tea and specialty teas. The increa…

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    Sri Lanka Hot Drinks Market 2024

    The Sri Lanka hot drinks sector is poised for a dynamic growth phase, anticipating an increase of USD 131.8 million and a compound annual growth rate (CAGR) of approximately 5.3% from 2024 to 2029. Sri Lanka’s hot drinks market is primarily driven by its rich tea heritage, with consumers favoring both traditional Ceylon tea and mo…

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