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BeveragesAustralia Hot Drinks Market 2024
$375 Add to cartThe Australia hot drinks sector is poised for a dynamic growth phase, anticipating an increase of USD 1.1 billion and a compound annual growth rate (CAGR) of approximately 5.2% 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 toward…
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Beverages
Vietnam Hot Drinks Market 2024
$375 Add to cartThe market for hot drinks is set for moderate growth, with projections indicating an increase of USD 1.8 billion and a compound annual growth rate (CAGR) nearing 9.6% over the forecast period. In Vietnam, the hot drinks market is characterized by a strong coffee culture, particularly with the popularity of traditional drip coffee. The growin…
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Beverages
Uzbekistan Hot Drinks Market 2024
$375 Add to cartThe 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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Beverages
Turkmenistan Hot Drinks Market 2024
$225 Add to cartThe Turkmenistan hot drinks market is projected to grow swiftly, with a USD 343.2 million increase in market size and a compound annual growth rate (CAGR) close to 11.3%, driven by heightened demand and innovation. The hot drinks market in Turkmenistan is influenced by a cultural preference for traditional teas, which are often consumed in soc…
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Beverages
Thailand Hot Drinks Market 2024
$375 Add to cartExpected 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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Beverages
Taiwan Hot Drinks Market 2024
$375 Add to cartThe 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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Beverages
Sri Lanka Hot Drinks Market 2024
$375 Add to cartThe Sri Lanka hot drinks market is expected to experience robust growth, with a projected increase of USD 131.8 million and a compound annual growth rate (CAGR) of approximately 5.3% throughout the forecast period. 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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Beverages
South Korea Hot Drinks Market 2024
$375 Add to cartProjections for the South Korea hot drinks market suggest a promising growth trajectory, with an anticipated rise of USD 2.0 billion and a compound annual growth rate (CAGR) nearing 5.3% over the next five years. In South Korea, the hot drinks market is influenced by a burgeoning coffee culture, with specialty coffee shops proliferating. The in…
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Beverages
Singapore Hot Drinks Market 2024
$375 Add to cartThe Singapore hot drinks market is poised for gradual growth, with an expected incremental increase of USD 157.2 million, reflecting a compound annual growth rate (CAGR) of nearly 4.5% from 2024 to 2029. Singapore’s hot drinks market is characterized by a sophisticated coffee culture, with consumers increasingly seeking premium and artisanal options. The rising trend…
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Beverages
Philippines Hot Drinks Market 2024
$375 Add to cartThe Philippines hot drinks market is poised for steady growth, with an expected increase of USD 1.3 billion, reflecting a compound annual growth rate (CAGR) of approximately 7.1% from 2024 to 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
$375 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
$375 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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