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Beverages
Indonesia Hot Drinks Market 2024
The Indonesia hot drinks market is poised for gradual expansion, anticipated to grow by USD 2.1 billion with a compound annual growth rate (CAGR) om 3.9% throughout the 2024 till 2029 forecast period. Indonesia’s hot drinks market is influenced by a strong coffee culture, particularly with the growing popularity of specialty coffee. The increa…
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Beverages
India Hot Drinks Market 2024
A surge in demand is expected to drive the India hot drinks market upward, with an estimated growth of USD 8.1 billion and a compound annual growth rate (CAGR) approaching 10.6% through 2029. In Hong Kong, the hot drinks market is characterized by a blend of traditional tea culture and a burgeoning coffee scene. The in…
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Beverages
Hong Kong Hot Drinks Market 2024
Projected to undergo a minor increase, the Hong Kong hot drinks market size is anticipated to grow from USD 1,556.7 miljoner i 2023 to USD 1,935.9 Million By 2029, reflecting a CAGR of 3.7% från 2024 till 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
The China hot drinks market is expected to realize a modest increase of USD 5.2 billion, demonstrating a CAGR of about 2.6% during the forecast period from 2024 till 2029. China remains a dominant player in the hot drinks market, driven by a rich tradition of tea consumption. The growing trend of premium and specia…
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Beverages
Cambodia Hot Drinks Market 2024
The Cambodia hot drinks sector is poised for a dynamic growth phase, förutser en ökning av USD 44.1 million and a compound annual growth rate (CAGR) av ungefär 5.3% från 2024 till 2029. In Cambodia, the hot drinks market is experiencing growth due to a rising middle class that is increasingly adopting coffee culture. The po…
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Beverages
Bangladesh Hot Drinks Market 2024
The Bangladesh hot drinks market is set to increase from USD 1,397.1 miljoner i 2023 to USD 2,204.7 Million By 2029, reflecting a CAGR of 7.9% over the 2024 till 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
Anticipated to grow steadily, the Azerbaijan hot drinks market is expected to rise from USD 852.3 miljoner i 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
Forecasts highlight a favorable growth outlook for the global hot drinks market, with a projected increase of USD 134.2 billion and a compound annual growth rate (CAGR) close to 5.5% through 2029. On a global scale, the hot drinks market is being shaped by evolving consumer preferences toward healthier options, leading to increased demand for he…
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Beverages
North America Hot Drinks Market 2024
The latest estimates indicate that the North America hot drinks market is expected to experience modest growth, with an incremental increase of USD 10.3 billion. This growth is projected to occur at a compound annual growth rate (CAGR) av ungefär 3% during the forecast period from 2024 till 2029. In North America, the hot drinks…
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Beverages
Latin America Hot Drinks Market 2024
Insights reveal that the Latin America hot drinks market is set for a healthy expansion, with an anticipated growth of USD 21.9 billion, corresponding to a compound annual growth rate (CAGR) of nearly 6.6% från 2024 till 2029. Latin America’s hot drinks market is characterized by a strong coffee culture, especially in countries like Brazil…
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Beverages
Asia Pacific Hot Drinks Market 2024
The Asia Pacific hot drinks market is expected to experience robust growth, with a projected increase of USD 39.9 billion and a compound annual growth rate (CAGR) av ungefär 5.8% throughout the forecast period. 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
A modest growth trajectory is forecasted for the Europe hot drinks market, med en förväntad ökning av USD 33.6 billion and a compound annual growth rate (CAGR) of roughly 4.5% från 2024 through 2029. In Europe, the hot drinks market is propelled by a deep-rooted coffee culture, with consumers increasingly favoring artisanal and sustainably source…