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Projections for the Venezuela coffee market suggest a promising growth trajectory, with an anticipated rise of USD 130.3 million and a compound annual growth rate (CAGR) nearing 5.7% over the next five years. Venezuela’s coffee market is facing challenges due to economic instability, yet there remains a cultural affinity for coffee that sustains demand. Increa… Read More
The market for energy drinks is set for moderate growth, with projections indicating an increase of USD 127.4 million and a compound annual growth rate (CAGR) nearing 7.1% over the forecast period. Venezuela’s energy drinks market is shaped by a younger population seeking energy-boosting products amid a fast-paced lifestyle. The increasing availability of both local… Read More
Forecasted to grow at a moderate pace, the Venezuela hot drinks market size is expected to reach USD 1,004.4 million by 2029, up from USD 732.6 million in 2023, resulting in a CAGR of 5.4%. Venezuela’s hot drinks market is shaped by a cultural affinity for coffee and traditional drinks like chocolate. The increasing demand… Read More
Forecasts highlight a favorable growth outlook for the Venezuela sports drinks market, with a projected increase of USD 109.3 million and a compound annual growth rate (CAGR) close to 7.4% through 2029. Despite economic challenges, Venezuela’s sports drinks market shows resilience, with demand stemming from urban consumers engaged in fitness and active lifestyles. Affordability and… Read More
With accelerating growth dynamics, the Vietnam alcoholic beverages sector is anticipated to expand by USD 14.9 billion, exhibiting a robust CAGR of 12.4% during the period from 2024 to 2029. The alcoholic beverages market is growing rapidly due to rising incomes, urbanization, and the influence of Western drinking cultures. Beer remains the dominant alcoholic bevera… Read More
The Vietnam black tea market is anticipated to witness significant growth, with an expected uptick of USD 59.2 million, equating to a compound annual growth rate (CAGR) of about 6.8% in the coming years. Vietnam’s black tea market is gradually expanding, driven by the country’s increasing interest in health-conscious beverages. Traditionally, green tea has domina… Read More
Anticipated to grow steadily, the Vietnam bottled water market is expected to rise from USD 1,487.5 million in 2023 to USD 2,620.9 million by 2029, with a CAGR of 9.9% throughout the forecast period. Vietnam’s bottled water market thrives amid health concerns and rising disposable income in urban centers. The tourism industry fuels additional demand… Read More
The carbonated soft drinks market in Vietnam was valued at USD 1,612 million in 2023 to USD 2,718 million by 2029, progressing at a CAGR of 9.1% from 2024 to 2029, according to the latest market study results. The growth of disposable income among the country’s middle class has been a significant catalyst for the Read More
The Vietnam coffee market is on track to grow from USD 857.9 million in 2023 to USD 1,294.7 million by 2029, with a projected CAGR of 7.1% across the forecast period. Vietnam’s coffee market is robust, driven by its long-standing coffee culture and status as a leading coffee producer. The demand for both traditional coffee… Read More
Projected for swift expansion, the Vietnam energy and sports drinks market is anticipated to grow from USD 2,657.0 million in 2023 to USD 4,707.0 million by 2029, with a strong CAGR of 10% over the period from 2024 to 2029. In Vietnam, the energy and sports drinks market is expanding, driven by a growing focus… Read More
The Vietnam energy drinks market is on track for substantial growth, expected to escalate from USD 2,380.8 million in 2023 to USD 4,217.7 million by 2029, corresponding to an impressive CAGR of 10% during the forecast period. Vietnam’s energy drinks market is propelled by a youthful population and a growing trend of urban lifestyles. The… Read More
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… Read More
The Vietnam RTD tea market is anticipated to witness significant growth, with an expected uptick of USD 0.9 billion, equating to a compound annual growth rate (CAGR) of about 7.5% in the coming years. In Vietnam, the RTD tea market is experiencing robust growth, largely driven by a growing awareness of the health benefits of… Read More
The Vietnam soft drink concentrates sector is poised for a dynamic growth phase, anticipating an increase of USD 24.1 million and a compound annual growth rate (CAGR) of approximately 9.7% from 2024 to 2029. In Vietnam, rapid urbanization and a young consumer base eager for convenient beverage options contribute to the growth of the soft… Read More
Anticipated trends indicate that the Vietnam sports drinks market will achieve incremental growth of USD 131.4 million, translating to a compound annual growth rate (CAGR) of around 7.6% during the forecast period of 2024 to 2029. Vietnam’s sports drinks market is growing rapidly, fueled by urbanization and a young, fitness-oriented population. Brand-driven marketing and distri… Read More
The Vietnam tea market is set to increase from USD 741.4 million in 2023 to USD 1,223.0 million by 2029, reflecting a CAGR of 8.7% over the 2024 to 2029 timeframe. Vietnam’s tea market is buoyed by its robust domestic tea production and the global popularity of green and oolong teas. Rising health awareness among… Read More