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Beverages
Georgia Hot Drinks Market 2024
Forecasted to grow at a moderate pace, the Georgia hot drinks market size is expected to reach USD 948.6 million by 2029, up from USD 668.7 million in 2023, resulting in a CAGR of 6%. In Georgia, the hot drinks market benefits from a rich tea heritage, with consumers increasingly favoring local varieties. The rising…
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Beverages
Estonia Hot Drinks Market 2024
A modest growth trajectory is forecasted for the Estonia hot drinks market, with an expected increase of USD 70.2 million and a compound annual growth rate (CAGR) of roughly 4.3% from 2024 through 2029. Estonia’s hot drinks market is influenced by a tech-savvy consumer base that values innovation in beverage options. The rising trend toward…
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Beverages
Czech Republic Hot Drinks Market 2024
Expected to experience modest expansion, the Czech Republic hot drinks market size is forecasted to increase from USD 1,357.8 million in 2023 to USD 1,669.1 million by 2029, achieving a CAGR of 3.5% over the evaluation period. The hot drinks market in the Czech Republic is characterized by a deep-rooted coffee culture, with a growin…
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Beverages
Croatia Hot Drinks Market 2024
The Croatia hot drinks market is projected to show slight growth, anticipated to rise from USD 763.9 million in 2023 to USD 1,006.3 million by 2029, reflecting a compound annual growth rate (CAGR) of 4.7% during the period from 2024 to 2029. In Croatia, the hot drinks market is experiencing growth due to a strong…
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Beverages
Bulgaria Hot Drinks Market 2024
The Bulgaria hot drinks market is poised for moderate growth, projected to increase from USD 978.3 million in 2023 to USD 1,326.1 million by 2029, achieving a CAGR of 5.2% during the forecast period. Bulgaria’s hot drinks market is shaped by an increasing preference for quality coffee and herbal teas. The rising disposable income levels…
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Beverages
Bosnia and Herzegovina Hot Drinks Market 2024
The Bosnia and Herzegovina hot drinks market is poised for gradual expansion, anticipated to grow by USD 53.4 million with a compound annual growth rate (CAGR) of around 3% throughout the 2024 to 2029 forecast period. The hot drinks market in Bosnia and Herzegovina is characterized by a cultural affinity for coffee, especially traditional Bosnia…
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Beverages
Belarus Hot Drinks Market 2024
The Belarus hot drinks market is poised for remarkable growth, forecasted to jump from USD 875.8 million in 2023 to USD 1,585.7 million by 2029, reflecting a CAGR of 10.4% throughout the evaluation period. Belarus’s hot drinks market is influenced by a strong tea culture, with black tea being particularly favored. The rising disposable income…
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Beverages
New Zealand Hot Drinks Market 2024
Anticipated to grow gradually, the New Zealand hot drinks market size is set to rise from USD 692.2 million in 2023 to USD 875.9 million by 2029, achieving a CAGR of 4% throughout the forecast period. In New Zealand, the hot drinks market is driven by a preference for premium coffee and organic tea produc…
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Beverages
Australia Hot Drinks Market 2024
The Australia hot drinks market is on track for a substantial increase of USD 1.1 billion, indicating a compound annual growth rate (CAGR) of roughly 5.2% during the forecast period 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…
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Beverages
Vietnam Hot Drinks Market 2024
Insights reveal that the Vietnam hot drinks market is set for a healthy expansion, with an anticipated growth of USD 1.8 billion, corresponding to a compound annual growth rate (CAGR) of nearly 9.6% from 2024 to 2029. In Vietnam, the hot drinks market is characterized by a strong coffee culture, particularly with the popularity of tra…
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Beverages
Uzbekistan Hot Drinks Market 2024
The 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
A surge in demand is expected to drive the Turkmenistan hot drinks market upward, with an estimated growth of USD 343.2 million and a compound annual growth rate (CAGR) approaching 11.3% through 2029. The hot drinks market in Turkmenistan is influenced by a cultural preference for traditional teas, which are often consumed in social settin…