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Cambodia Coffee Market 2024
Forecasts highlight a favorable growth outlook for the Cambodia coffee market, with a projected increase of USD 21.7 million and a compound annual growth rate (CAGR) close to 5.8% through 2029. Cambodia’s coffee market is experiencing growth as consumers become more open to coffee as a daily beverage. The expansion of café chains and increa…
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Beverages
Bangladesh Coffee Market 2024
The Bangladesh coffee market is on track for a substantial increase of USD 28.2 million, indicating a compound annual growth rate (CAGR) of roughly 7.4% during the forecast period from 2024 to 2029. In Bangladesh, the coffee market is gaining traction, particularly among younger consumers seeking alternatives to traditional tea. Growing urban centers and increa…
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Beverages
Azerbaijan Coffee Market 2024
Insights reveal that the Azerbaijan coffee market is set for a healthy expansion, with an anticipated growth of USD 48.5 million, corresponding to a compound annual growth rate (CAGR) of nearly 7.1% from 2024 to 2029. Azerbaijan’s coffee market is evolving, with increasing urbanization and a young population driving demand for coffee products. The popula…
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Beverages
Global Coffee Market 2024
The global coffee market is poised for gradual expansion, anticipated to grow by USD 55.4 billion with a compound annual growth rate (CAGR) of around 4.7% throughout the 2024 to 2029 forecast period. Globally, the coffee market is buoyed by increasing consumption driven by changing lifestyles and a growing café culture. The rising trend of cof…
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Beverages
North America Coffee Market 2024
The outlook for the North America coffee market indicates a modest growth of USD 7.1 billion, with an expected compound annual growth rate (CAGR) of approximately 3.4% over the next five years. North America’s coffee market is characterized by strong demand for specialty coffee and convenience. Consumers increasingly favor single-serve formats and ready-to-drink options, drivin…
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Beverages
Latin America Coffee Market 2024
Anticipated trends indicate that the Latin America coffee market will achieve incremental growth of USD 14.7 billion, translating to a compound annual growth rate (CAGR) of around 6.9% during the forecast period of 2024 to 2029. In Latin America, the coffee market is primarily driven by local consumption, with many countries having a rich coffee…
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Beverages
Asia Pacific Coffee Market 2024
The Asia Pacific coffee market is poised for steady growth, with an expected increase of USD 10.1 billion, reflecting a compound annual growth rate (CAGR) of approximately 5.5% from 2024 to 2029. Asia Pacific’s coffee market is experiencing rapid growth, propelled by changing lifestyles and a burgeoning middle class with an affinity for café-style coffee…
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Beverages
Europe Coffee Market 2024
Projected growth in the Europe coffee market includes an incremental increase of USD 12.4 billion, with a compound annual growth rate (CAGR) of nearly 3% through 2029. In Europe, the coffee market remains strong, supported by a deeply ingrained coffee culture and a growing trend towards premiumization. Increasing consumer preference for specialty coffee and conven…
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Beverages
Middle East and Africa Coffee Market 2024
The market for coffee is set for moderate growth, with projections indicating an increase of USD 11.0 billion and a compound annual growth rate (CAGR) nearing 7.3% over the forecast period. The coffee market in the Middle East and Africa is witnessing robust growth, fueled by an evolving café culture and increasing urbanization. Rising dispos…