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BeveragesIndonesia Hot Drinks Market 2024
$275 Add to cartProjected growth in the Indonesia hot drinks market includes an incremental increase of USD 2.1 billion, with a compound annual growth rate (CAGR) of nearly 3.9% through 2029. Indonesia’s hot drinks market is influenced by a strong coffee culture, particularly with the growing popularity of specialty coffee. The increasing urbanization and rising disposable incomes are dr…
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Beverages
India Hot Drinks Market 2024
$275 Add to cartBolstered by favorable market conditions, the India hot drinks sector is anticipated to see a significant rise of USD 8.1 billion, marking a CAGR of nearly 10.6% during the forecast window. In Hong Kong, the hot drinks market is characterized by a blend of traditional tea culture and a burgeoning coffee scene. The increasing demand…
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Beverages
Hong Kong Hot Drinks Market 2024
$275 Add to cartProjected to undergo a minor increase, the Hong Kong hot drinks market size is anticipated to grow from USD 1,556.7 million in 2023 to USD 1,935.9 million by 2029, reflecting a CAGR of 3.7% from 2024 to 2029. In Hong Kong, the hot drinks market is characterized by a blend of traditional tea culture and a…
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Beverages
China Hot Drinks Market 2024
$275 Add to cartThe China hot drinks market is poised for gradual growth, with an expected incremental increase of USD 5.2 billion, reflecting a compound annual growth rate (CAGR) of nearly 2.6% from 2024 to 2029. China remains a dominant player in the hot drinks market, driven by a rich tradition of tea consumption. The growing trend of pre…
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Beverages
Cambodia Hot Drinks Market 2024
$275 Add to cartThe Cambodia hot drinks market is on track for a substantial increase of USD 44.1 million, indicating a compound annual growth rate (CAGR) of roughly 5.3% during the forecast period from 2024 to 2029. In Cambodia, the hot drinks market is experiencing growth due to a rising middle class that is increasingly adopting coffee cultur…
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Beverages
Bangladesh Hot Drinks Market 2024
$275 Add to cartThe Bangladesh hot drinks market is set to increase from USD 1,397.1 million in 2023 to USD 2,204.7 million by 2029, reflecting a CAGR of 7.9% over the 2024 to 2029 timeframe. Bangladesh’s hot drinks market is driven by a strong cultural preference for tea, particularly black tea. The increasing availability of ready-to-drink tea produc…
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Beverages
Azerbaijan Hot Drinks Market 2024
$275 Add to cartAnticipated to grow steadily, the Azerbaijan hot drinks market is expected to rise from USD 852.3 million in 2023 to USD 1,382.8 million by 2029, with a CAGR of 8.4% throughout the forecast period. In Azerbaijan, the hot drinks market is influenced by traditional tea culture, with consumers showing a preference for locally sourced tea. A…
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Beverages
Global Hot Drinks Market 2024
$1,775 Add to cartProjections for the global hot drinks market suggest a promising growth trajectory, with an anticipated rise of USD 134.2 billion and a compound annual growth rate (CAGR) nearing 5.5% over the next five years. On a global scale, the hot drinks market is being shaped by evolving consumer preferences toward healthier options, leading to increa…
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Beverages
North America Hot Drinks Market 2024
$1,275 Add to cartThe North America hot drinks market is expected to see a slight increase of USD 10.3 billion, translating to a compound annual growth rate (CAGR) of about 3% from 2024 to 2029. In North America, the hot drinks market is seeing an uptick in demand for gourmet coffee and tea, driven by a growing trend…
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Beverages
Latin America Hot Drinks Market 2024
$1,275 Add to cartThe Latin America hot drinks market is poised for steady growth, with an expected increase of USD 21.9 billion, reflecting a compound annual growth rate (CAGR) of approximately 6.6% from 2024 to 2029. Latin America’s hot drinks market is characterized by a strong coffee culture, especially in countries like Brazil and Colombia. The rising demand…
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Beverages
Asia Pacific Hot Drinks Market 2024
$1,275 Add to cartThe Asia Pacific hot drinks sector is poised for a dynamic growth phase, anticipating an increase of USD 39.9 billion and a compound annual growth rate (CAGR) of approximately 5.8% from 2024 to 2029. The Asia Pacific region is witnessing robust growth in the hot drinks market, largely due to the rising popularity of tea, p…
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Beverages
Europe Hot Drinks Market 2024
$1,275 Add to cartThe Europe hot drinks market is poised for gradual expansion, anticipated to grow by USD 33.6 billion with a compound annual growth rate (CAGR) of around 4.5% throughout the 2024 to 2029 forecast period. In Europe, the hot drinks market is propelled by a deep-rooted coffee culture, with consumers increasingly favoring artisanal and sustainably source…
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