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BeveragesSouth Korea Hot Drinks Market 2024
$275 Add to cartThe market for hot drinks is set for moderate growth, with projections indicating an increase of USD 2.0 billion and a compound annual growth rate (CAGR) nearing 5.3% over the forecast period. In South Korea, the hot drinks market is influenced by a burgeoning coffee culture, with specialty coffee shops proliferating. The increasing focus on hea…
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Beverages
Singapore Hot Drinks Market 2024
$275 Add to cartA modest growth trajectory is forecasted for the Singapore hot drinks market, with an expected increase of USD 157.2 million and a compound annual growth rate (CAGR) of roughly 4.5% from 2024 through 2029. Singapore’s hot drinks market is characterized by a sophisticated coffee culture, with consumers increasingly seeking premium and artisanal options. The rising…
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Beverages
Philippines Hot Drinks Market 2024
$275 Add to cartForecasts highlight a favorable growth outlook for the Philippines hot drinks market, with a projected increase of USD 1.3 billion and a compound annual growth rate (CAGR) close to 7.1% through 2029. In the Philippines, the hot drinks market is driven by the popularity of coffee, especially among younger consumers. The growing trend toward specia…
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Beverages
Pakistan Hot Drinks Market 2024
$275 Add to cartThe Pakistan hot drinks market is set for explosive growth, projected to climb from USD 2,320.1 million in 2023 to USD 4,604.1 million by 2029, achieving a remarkable CAGR of 12.1% over the 2024-2029 period. Pakistan’s hot drinks market is heavily influenced by tea consumption, with chai being a staple. The increasing availability of premiu…
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Beverages
Myanmar Hot Drinks Market 2024
$275 Add to cartExpected to see substantial growth, the Myanmar hot drinks market is anticipated to move from USD 912.9 million in 2023 to USD 1,317.1 million by 2029, corresponding to a CAGR of 6.3%. Myanmar’s hot drinks market is characterized by a strong tea culture, particularly with local varieties. The rising disposable incomes and growing interest in pre…
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Beverages
Malaysia Hot Drinks Market 2024
$275 Add to cartThe Malaysia hot drinks market is on track to grow from USD 1,718.4 million in 2023 to USD 2,535.8 million by 2029, with a projected CAGR of 6.7% across the forecast period. In Malaysia, the hot drinks market is influenced by a diverse tea culture, with consumers favoring both traditional and modern beverages. The growin…
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Beverages
Laos Hot Drinks Market 2024
$275 Add to cartProjections for the Laos hot drinks market suggest a promising growth trajectory, with an anticipated rise of USD 43.5 million and a compound annual growth rate (CAGR) nearing 7.4% over the next five years. Laos’s hot drinks market is driven by the cultural significance of tea, particularly herbal varieties. The increasing interest in wellness and he…
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Beverages
Kazakhstan Hot Drinks Market 2024
$275 Add to cartThe Kazakhstan hot drinks market is set to increase from USD 1,109.2 million in 2023 to USD 1,674.0 million by 2029, reflecting a CAGR of 7.1% over the 2024 to 2029 timeframe. In Kazakhstan, the hot drinks market is characterized by a strong affinity for tea, particularly black and green tea. The rise in dispos…
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Beverages
Japan Hot Drinks Market 2024
$275 Add to cartThe Japan hot drinks market is expected to realize a modest increase of USD 1.7 billion, demonstrating a CAGR of about 2.4% during the forecast period from 2024 to 2029. Japan’s hot drinks market is shaped by a deep appreciation for tea, especially green tea, which is integral to the culture. The growing trend of hea…
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Beverages
Indonesia Hot Drinks Market 2024
$275 Add to cartProjected growth in the Indonesia hot drinks market includes an incremental increase of USD 2.1 billion, with a compound annual growth rate (CAGR) of nearly 3.9% through 2029. Indonesia’s hot drinks market is influenced by a strong coffee culture, particularly with the growing popularity of specialty coffee. The increasing urbanization and rising disposable incomes are dr…
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Beverages
India Hot Drinks Market 2024
$275 Add to cartBolstered by favorable market conditions, the India hot drinks sector is anticipated to see a significant rise of USD 8.1 billion, marking a CAGR of nearly 10.6% during the forecast window. In Hong Kong, the hot drinks market is characterized by a blend of traditional tea culture and a burgeoning coffee scene. The increasing demand…
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Beverages
Hong Kong Hot Drinks Market 2024
$275 Add to cartProjected to undergo a minor increase, the Hong Kong hot drinks market size is anticipated to grow from USD 1,556.7 million in 2023 to USD 1,935.9 million by 2029, reflecting a CAGR of 3.7% from 2024 to 2029. In Hong Kong, the hot drinks market is characterized by a blend of traditional tea culture and a…
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