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Beverages
Ethiopia Alcoholic Beverages Market 2024
Expected to register a strong growth curve, the Ethiopia alcoholic beverages market is on pace for a substantial increase of USD 8.9 billion, with a notable CAGR of 14.6% from 2024 to 2029. Ethiopia’s alcoholic beverages market is expanding due to a young and rapidly growing population, particularly in urban areas. The growing middle class…
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Beverages
Egypt Alcoholic Beverages Market 2024
Forecasts highlight a favorable growth outlook for the Egypt alcoholic beverages market, with a projected increase of USD 3.3 billion and a compound annual growth rate (CAGR) close to 9.1% through 2029. The alcoholic beverages market in Egypt is growing, though it faces cultural and regulatory challenges. Rising urbanization and exposure to global drinking trends…
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Beverages
Cote d’Ivoire Alcoholic Beverages Market 2024
The Cote d’Ivoire alcoholic beverages market is on track for a substantial increase of USD 1.4 billion, indicating a compound annual growth rate (CAGR) of roughly 5.9% during the forecast period from 2024 to 2029. Cote d’Ivoire’s alcoholic beverages market is growing due to increasing urbanization and rising disposable incomes. Beer is the most consum…
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Beverages
Cameroon Alcoholic Beverages Market 2024
Insights reveal that the Cameroon alcoholic beverages market is set for a healthy expansion, with an anticipated growth of USD 1.6 billion, corresponding to a compound annual growth rate (CAGR) of nearly 6.9% from 2024 to 2029. In Cameroon, the alcoholic beverages market is growing moderately, with beer remaining the dominant alcoholic drink. The rise i…
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Beverages
Bahrain Alcoholic Beverages Market 2024
Expected to see substantial growth, the Bahrain alcoholic beverages market is anticipated to move from USD 1,250.5 million in 2023 to USD 1,919.2 million by 2029, corresponding to a CAGR of 7.4%. Bahrain’s alcoholic beverages market is influenced by its relatively small but affluent population, with expatriates being a key driver of alcohol consumption. Beer,…
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Beverages
Angola Alcoholic Beverages Market 2024
A surge in demand is expected to drive the Angola alcoholic beverages market upward, with an estimated growth of USD 3.5 billion and a compound annual growth rate (CAGR) approaching 10.3% through 2029. Angola’s alcoholic beverages market is driven by a growing middle class and increasing disposable incomes, particularly in urban areas. Beer remains the do…
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Beverages
Algeria Alcoholic Beverages Market 2024
Anticipated trends indicate that the Algeria alcoholic beverages market will achieve incremental growth of USD 2.1 billion, translating to a compound annual growth rate (CAGR) of around 7.9% during the forecast period of 2024 to 2029. Algeria’s alcoholic beverages market is shaped by cultural and religious factors, limiting alcohol consumption to certain demographic segments. Howeve…
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Beverages
Venezuela Alcoholic Beverages Market 2024
The Venezuela alcoholic beverages market is set to increase from USD 2,413.8 million in 2023 to USD 3,290.6 million by 2029, reflecting a CAGR of 5.3% over the 2024 to 2029 timeframe. Venezuela’s alcoholic beverages market is facing challenges due to economic instability and inflation, which have impacted consumer purchasing power. However, beer and tradit…
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Beverages
Uruguay Alcoholic Beverages Market 2024
The Uruguay alcoholic beverages sector is poised for a dynamic growth phase, anticipating an increase of USD 1.7 billion and a compound annual growth rate (CAGR) of approximately 8.4% from 2024 to 2029. Uruguay’s alcoholic beverages market is growing steadily, with wine being a dominant category due to the country’s strong wine culture. There is als…
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Beverages
Peru Alcoholic Beverages Market 2024
The market for alcoholic beverages is set for moderate growth, with projections indicating an increase of USD 3.2 billion and a compound annual growth rate (CAGR) nearing 6.8% over the forecast period. Peru’s alcoholic beverages market is benefiting from a growing middle class and an increasing preference for premium spirits such as pisco and craft…
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Beverages
Paraguay Alcoholic Beverages Market 2024
The Paraguay alcoholic beverages market is poised for moderate growth, projected to increase from USD 2,258.8 million in 2023 to USD 3,746.7 million by 2029, achieving a CAGR of 8.8% during the forecast period. The alcoholic beverages market is dominated by beer, with growing demand for local spirits and wines. Increasing disposable income and the sh…
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Beverages
Panama Alcoholic Beverages Market 2024
Forecasts highlight a favorable growth outlook for the Panama alcoholic beverages market, with a projected increase of USD 1.0 billion and a compound annual growth rate (CAGR) close to 5.5% through 2029. Panama’s alcoholic beverages market is experiencing steady growth, with beer, rum, and spirits being the most popular alcoholic drinks. Rising disposable incomes and a…