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Beverages
Honduras Tea Market 2024
Projected to witness steady expansion, the Honduras tea market is expected to achieve a CAGR of around 6.6% from 2024 to 2029, reflecting positive market conditions. The tea market in Honduras is gaining traction due to rising awareness of health and wellness benefits, particularly for herbal teas. The expansion of modern retail networks enhances access…
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Beverages
Guatemala Tea Market 2024
The Guatemala tea market is on track for meaningful growth, projected to register a compound annual growth rate (CAGR) of roughly 4.6% over the forecast period from 2024 to 2029. Guatemala’s tea market is shaped by traditional herbal remedies and increasing interest in wellness beverages. Local production of herbal teas and imports of specialty variet…
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Beverages
El Salvador Tea Market 2024
Expected to experience slow growth, the El Salvador tea market is on track to register a compound annual growth rate (CAGR) of roughly 3.8% during the forecast period from 2024 to 2029. In El Salvador, tea market expansion is influenced by rising health awareness and demand for herbal infusions. The availability of international brands throug…
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Beverages
Ecuador Tea Market 2024
The Ecuador tea market is likely to see gradual development, with a projected CAGR of about 2.2% from 2024 to 2029, reflecting steady consumer demand. Ecuador’s tea market is bolstered by increasing interest in wellness-focused products, particularly herbal and fruit-infused teas. Growth in urbanization and disposable incomes supports demand for premium tea blends. Local herbal…
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Beverages
Dominican Republic Tea Market 2024
Anticipated to see moderate growth, the Dominican Republic tea market is projected to achieve a CAGR of around 7.1% throughout the 2024 to 2029 timeframe. In the Dominican Republic, tea market growth is driven by health-conscious consumers seeking herbal remedies. The expansion of organized retail and availability of imported teas reflect a shift toward premiu…
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Beverages
Costa Rica Tea Market 2024
Anticipated growth in the Costa Rica tea market stands at USD 13.3 million, with an expected compound annual growth rate (CAGR) of approximately 4.8% during the period spanning 2024 to 2029. Costa Rica’s tea market is supported by growing health awareness, with herbal and green teas gaining popularity. The tourism sector introduces international tea trends…
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Beverages
Colombia Tea Market 2024
The Colombia tea sector is poised for a dynamic growth phase, anticipating an increase of USD 37.1 million and a compound annual growth rate (CAGR) of approximately 8% from 2024 to 2029. Colombia’s tea market growth is driven by increasing consumer interest in natural and health-enhancing beverages. Herbal teas and fruit-infused blends are particularly popula…
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Beverages
Chile Tea Market 2024
The market for tea is set for moderate growth, with projections indicating an increase of USD 217.9 million and a compound annual growth rate (CAGR) nearing 6.3% over the forecast period. Chile’s tea market is influenced by a strong tradition of herbal infusions, with rising demand for wellness-focused beverages. Premiumization trends are evident in the gr…
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Beverages
Brazil Tea Market 2024
The Brazil tea market is on track to grow from USD 1,206.8 million in 2023 to USD 1,936.4 million by 2029, with a projected CAGR of 8.2% across the forecast period. Brazil’s tea market benefits from increasing consumer awareness of tea’s health benefits, especially green and herbal teas. A growing middle class supports demand for pr…
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Beverages
Bolivia Tea Market 2024
Forecasts highlight a favorable growth outlook for the Bolivia tea market, with a projected increase of USD 46.4 million and a compound annual growth rate (CAGR) close to 6.5% through 2029. Bolivia’s tea market is shaped by traditional herbal consumption and increasing interest in wellness-oriented beverages. The growth of retail channels and local production of her…
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Beverages
Argentina Tea Market 2024
The Argentina tea market is likely to exhibit mild growth, with a projected increase from USD 1,331.4 million in 2023 to USD 1,553.1 million by 2029, corresponding to a CAGR of 2.6% during the 2024 to 2029 timeframe. Argentina’s tea market is fueled by traditional consumption patterns of yerba mate, which dominate the category. Rising…
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Beverages
Ukraine Tea Market 2024
Anticipated to grow steadily, the Ukraine tea market is expected to rise from USD 670.2 million in 2023 to USD 1,075.4 million by 2029, with a CAGR of 8.2% throughout the forecast period. Ukraine’s tea market is supported by cultural preferences for black tea, with a growing segment favoring green and fruit-infused teas. The develo…