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Paraguay Coffee Market 2024
The Paraguay coffee sector is poised for a dynamic growth phase, anticipating an increase of USD 58.8 million and a compound annual growth rate (CAGR) of approximately 9.8% from 2024 to 2029. In Paraguay, the coffee market is evolving, driven by rising consumer interest in coffee consumption and the development of a local café cultur…
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Beverages
Panama Coffee Market 2024
The forecast period from 2024 to 2029 suggests that the Panama coffee market will see a slight growth trajectory, with an anticipated increase of USD 116.0 million and a CAGR of around 4.1%. Panama’s coffee market is distinguished by its focus on high-quality specialty coffee, particularly the renowned Geisha variety. The increasing demand for premiu…
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Beverages
Mexico Coffee Market 2024
The Mexico coffee market is anticipated to witness significant growth, with an expected uptick of USD 2.4 billion, equating to a compound annual growth rate (CAGR) of about 8.3% in the coming years. Mexico’s coffee market is marked by its traditional coffee culture and growing interest in specialty offerings. Increasing demand for organic and ethica…
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Beverages
Honduras Coffee Market 2024
Forecasts highlight a favorable growth outlook for the Honduras coffee market, with a projected increase of USD 76.0 million and a compound annual growth rate (CAGR) close to 6.1% through 2029. Honduras’s coffee market is gradually developing, supported by a rich coffee culture and increasing demand for high-quality beans. The focus on specialty coffee and im…
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Beverages
Guatemala Coffee Market 2024
The Guatemala coffee market is on track for a substantial increase of USD 186.0 million, indicating a compound annual growth rate (CAGR) of roughly 5.3% during the forecast period from 2024 to 2029. Guatemala’s coffee market is driven by its reputation for high-quality coffee beans and rich agricultural heritage. The rise of specialty coffee and in…
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Beverages
El Salvador Coffee Market 2024
Projected to undergo a minor increase, the El Salvador coffee market size is anticipated to grow from USD 1,312.1 million in 2023 to USD 1,575.9 million by 2029, reflecting a CAGR of 3.1% from 2024 to 2029. El Salvador’s coffee market is shaped by its rich coffee-growing history and commitment to quality. The demand for sp…
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Beverages
Ecuador Coffee Market 2024
The Ecuador coffee market is on track for incremental growth of USD 72.4 million, corresponding to a compound annual growth rate (CAGR) of nearly 4.4% throughout the forecast period of 2024 to 2029. Ecuador’s coffee market is evolving, with increasing awareness of the country’s unique coffee varieties. The growing trend towards specialty coffee and rising…
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Beverages
Dominican Republic Coffee Market 2024
Projections for the Dominican Republic coffee market suggest a promising growth trajectory, with an anticipated rise of USD 220.8 million and a compound annual growth rate (CAGR) nearing 6.2% over the next five years. In the Dominican Republic, the coffee market is characterized by a rich tradition and growing interest in premium coffee products. The ri…
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Beverages
Costa Rica Coffee Market 2024
The Costa Rica coffee market is expected to see a slight increase of USD 102.0 million, translating to a compound annual growth rate (CAGR) of about 4.3% from 2024 to 2029. Costa Rica’s coffee market is thriving, supported by a strong emphasis on quality and sustainability. The country’s commitment to high-grade coffee production attracts both l…
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Beverages
Colombia Coffee Market 2024
Anticipated to grow steadily, the Colombia coffee market is expected to rise from USD 1,320.7 million in 2023 to USD 1,873.4 million by 2029, with a CAGR of 6% throughout the forecast period. Colombia’s coffee market is defined by its prestigious coffee heritage and the global recognition of its quality beans. The domestic market is exp…
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Beverages
Chile Coffee Market 2024
The Chile coffee market is projected to expand from USD 973.8 million in 2023 to USD 1,536.7 million by 2029, achieving a compound annual growth rate (CAGR) of 7.9% during the period from 2024 to 2029. Chile’s coffee market is evolving, characterized by a growing café culture and increased demand for high-quality coffee. Consumers are be…
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Beverages
Brazil Coffee Market 2024
The market for coffee is set for moderate growth, with projections indicating an increase of USD 7.3 billion and a compound annual growth rate (CAGR) nearing 7.6% over the forecast period. Brazil, as one of the largest coffee producers globally, sees a strong domestic market driven by a deep-rooted coffee culture. The increasing demand for sp…