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Beverages
Azerbaijan Alcoholic Beverages Market 2024
The Azerbaijan alcoholic beverages market is projected to expand from USD 1,309.2 million in 2023 to USD 2,031.8 million by 2029, achieving a compound annual growth rate (CAGR) of 7.6% during the period from 2024 to 2029. The demand for alcoholic beverages is growing due to rising disposable incomes and changing social norms. Urbanization and an…
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Beverages
Global Alcoholic Beverages Market 2024
The global alcoholic beverages market is poised for moderate growth, projected to increase from USD 3,186.1 billion in 2023 to USD 4,443.8 billion by 2029, achieving a CAGR of 5.7% during the forecast period. Globally, the alcoholic beverages market is being shaped by changing consumer preferences, with increasing demand for premium, craft, and artisanal drinks…
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Beverages
North America Alcoholic Beverages Market 2024
The North America alcoholic beverages market is expected to realize a modest increase of USD 171.2 billion, demonstrating a CAGR of about 4.8% during the forecast period from 2024 to 2029. The alcoholic beverages market is driven by a diversification of consumer preferences, with millennials and Gen Z favoring craft beers, premium spirits, and ready-…
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Beverages
Latin America Alcoholic Beverages Market 2024
The Latin America alcoholic beverages sector is poised for a dynamic growth phase, anticipating an increase of USD 170.3 billion and a compound annual growth rate (CAGR) of approximately 7.4% from 2024 to 2029. Latin America’s alcoholic beverages market is thriving due to a robust drinking culture and the rise of disposable income, especially in Bra…
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Beverages
Asia Pacific Alcoholic Beverages Market 2024
Forecasted to grow at a moderate pace, the Asia Pacific alcoholic beverages market size is expected to reach USD 1,514.1 billion by 2029, up from USD 1,072.2 billion in 2023, resulting in a CAGR of 5.9%. The Asia Pacific region is seeing rapid growth in the alcoholic beverages market, propelled by rising disposable incomes and ch…
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Beverages
Europe Alcoholic Beverages Market 2024
The Europe alcoholic beverages market is likely to exhibit mild growth, with a projected increase from USD 929.6 billion in 2023 to USD 1,209.6 billion by 2029, corresponding to a CAGR of 4.5% during the 2024 to 2029 timeframe. The alcoholic beverages market remains robust, with demand driven by long-established drinking cultures. The popularity of cra…
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Beverages
Middle East and Africa Alcoholic Beverages Market 2024
Forecasts highlight a favorable growth outlook for the Middle East and Africa alcoholic beverages market, with a projected increase of USD 120.7 billion and a compound annual growth rate (CAGR) close to 9.4% through 2029. The alcoholic beverages market is expanding despite challenges posed by regional regulations. Increasing urbanization and a growing middle class in cou…
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Beverages
United Kingdom Energy and Sports Drinks Market 2024
The United Kingdom energy and sports drinks sector is poised for a dynamic growth phase, anticipating an increase of USD 2.5 billion and a compound annual growth rate (CAGR) of approximately 6.6% from 2024 to 2029. The United Kingdom’s energy and sports drinks market is benefiting from growing consumer interest in fitness and sports, partic…
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Beverages
Turkey Energy and Sports Drinks Market 2024
The Turkey energy and sports drinks market is set for explosive growth, projected to climb from USD 2,395.4 million in 2023 to USD 9,769.2 million by 2029, achieving a remarkable CAGR of 26.4% over the 2024-2029 period. Turkey’s energy and sports drinks market is growing, fueled by increasing participation in recreational sports and fitness activi…
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Beverages
Switzerland Energy and Sports Drinks Market 2024
Projected to undergo a minor increase, the Switzerland energy and sports drinks market size is anticipated to grow from USD 1,078.1 million in 2023 to USD 1,214.1 million by 2029, reflecting a CAGR of 2% from 2024 to 2029. Switzerland’s energy and sports drinks market is expanding as the country’s active population increasingly seeks bevera…
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Beverages
Sweden Energy and Sports Drinks Market 2024
The Sweden energy and sports drinks market is on track to grow from USD 1,418.3 million in 2023 to USD 2,365.6 million by 2029, with a projected CAGR of 8.9% across the forecast period. Sweden’s energy and sports drinks market is benefiting from a high level of interest in fitness and sports, particularly in activi…
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Beverages
Spain Energy and Sports Drinks Market 2024
Anticipated to grow gradually, the Spain energy and sports drinks market size is set to rise from USD 2,777.5 million in 2023 to USD 3,414.3 million by 2029, achieving a CAGR of 3.5% throughout the forecast period. Spain’s energy and sports drinks market is experiencing steady growth, driven by the increasing popularity of sports and fi…