Beverages

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    Singapore Coffee Market 2024

    The market for coffee is set for moderate growth, with projections indicating an increase of USD 85.6 million and a compound annual growth rate (CAGR) nearing 5.4% over the forecast period. Singapore’s coffee market is vibrant, with a strong emphasis on specialty coffee and unique brewing methods. The café culture is thriving, with consumers seekin…

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    Philippines Coffee Market 2024

    Forecasted to grow at a moderate pace, the Philippines coffee market size is expected to reach USD 2,790.0 million by 2029, up from USD 1,912.1 million in 2023, resulting in a CAGR of 6.5%. The coffee market in the Philippines is characterized by a growing coffee culture and rising domestic consumption. Increasing awareness of specia…

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    Pakistan Coffee Market 2024

    Forecasts highlight a favorable growth outlook for the Pakistan coffee market, with a projected increase of USD 36.6 million and a compound annual growth rate (CAGR) close to 8.4% through 2029. In Pakistan, the coffee market is gradually expanding, driven by changing consumer preferences towards coffee over traditional beverages. The rise of cafés and coffee…

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    Myanmar Coffee Market 2024

    Anticipated to grow steadily, the Myanmar coffee market is expected to rise from USD 668.2 million in 2023 to USD 980.5 million by 2029, with a CAGR of 6.6% throughout the forecast period. Myanmar’s coffee market is beginning to grow as awareness of coffee as a beverage increases among younger consumers. The country’s unique coffee…

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    Malaysia Coffee Market 2024

    The Malaysia coffee market is projected to show slight growth, anticipated to rise from USD 843.0 million in 2023 to USD 1,116.9 million by 2029, reflecting a compound annual growth rate (CAGR) of 4.8% during the period from 2024 to 2029. In Malaysia, the coffee market is witnessing growth due to an evolving coffee cultur…

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    Laos Coffee Market 2024

    The Laos coffee market is expected to experience robust growth, with a projected increase of USD 13.5 million and a compound annual growth rate (CAGR) of approximately 5.6% throughout the forecast period. Laos’s coffee market is gradually developing, driven by the country’s favorable climate for coffee cultivation. Increasing domestic consumption and a growing interest in spe…

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    Kazakhstan Coffee Market 2024

    Projections for the Kazakhstan coffee market suggest a promising growth trajectory, with an anticipated rise of USD 117.1 million and a compound annual growth rate (CAGR) nearing 8.2% over the next five years. Kazakhstan’s coffee market is emerging, with increasing urbanization and a young population driving interest in coffee consumption. The expansion of cafés and co…

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    Japan Coffee Market 2024

    The Japan coffee market is poised for gradual growth, with an expected incremental increase of USD 0.7 billion, reflecting a compound annual growth rate (CAGR) of nearly 2.8% from 2024 to 2029. Japan’s coffee market is distinguished by its appreciation for high-quality coffee and sophisticated brewing techniques. The rise of specialty coffee shops and a grow…

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    Indonesia Coffee Market 2024

    The latest estimates indicate that the Indonesia coffee market is expected to experience modest growth, with an incremental increase of USD 1.6 billion. This growth is projected to occur at a compound annual growth rate (CAGR) of approximately 4.8% during the forecast period from 2024 to 2029. Indonesia’s coffee market benefits from its rich coffee…

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    India Coffee Market 2024

    The India coffee market is on track for substantial growth, expected to escalate from USD 1,977.0 million in 2023 to USD 3,540.8 million by 2029, corresponding to an impressive CAGR of 10.2% during the forecast period. India’s coffee market is on the rise, propelled by an increasing preference for coffee over traditional tea among younge…

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    Hong Kong Coffee Market 2024

    The Hong Kong coffee market is on track for incremental growth of USD 110.9 million, corresponding to a compound annual growth rate (CAGR) of nearly 3.2% throughout the forecast period of 2024 to 2029. In Hong Kong, the coffee market is characterized by a sophisticated consumer base that favors premium and specialty coffee. The rapid…

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    China Coffee Market 2024

    The China coffee market is projected to show slight growth, anticipated to rise from USD 2,196.7 million in 2023 to USD 2,444.9 million by 2029, reflecting a compound annual growth rate (CAGR) of 1.8% during the period from 2024 to 2029. China’s coffee market is expanding rapidly, driven by a burgeoning middle class and a shif…

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