Category: Beverages
Africa Beverages
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Hot Drinks in Middle East and Africa
... rising costs and product prices, volume outperformed constant value growth in 2023, as consumers in some countries were either trading down in their choices or looking for promotions and discounts before buying their favourite hot ... Read More
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West Africa Alcoholic Beverages Market Report by Product Type (Beer, Spirits, Wine, and Others), Packaging Type (Glass Bottles, Tins, Plastic Bottles, and Others), Distribution Channel (Open Markets, Supermarkets/Hypermarkets, Hotels/Restaurants/Bars, Specialty Stores, and Others), and Region 2024-2032
... 2024-2032 The West Africa alcoholic beverages market size reached US$ 13.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 21.8 Billion by 2032, exhibiting a growth rate (CAGR) of 5.7% ... Read More
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Tea Concentrate Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
... global market for tea concentrate is set to witness significant expansion in the forecast period from 2024 to 2031, according to a comprehensive report released by Fairfield Market Research, a leading market research firm. The ... Read More
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Hopped Malt Extract Market, By Source (Barley, Wheat, Rye, Others), By Form (Liquid, Dry, Others), By Application (Beer, Whisky, Food, Pharma, Others), By Distribution Channel (B2B, B2C, Online, Specialty Stores, Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)
... Europe, Asia Pacific, Latin America, Middle East and Africa) The hopped malt extract market size is expected to reach US$ 2 Bn by 2030, from US$ 1.28 Bn in 2023, at a CAGR of 6.6% ... Read More
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Middle East & Africa Bromelain Market Forecast to 2030 - Regional Analysis - by Source (Stem and Fruit) and Application (Food & Beverages, Pharmaceuticals & Nutraceuticals, Personal Care, and Others)
... bromelain market was valued at US$ 1.77 million in 2022 and is expected to reach US$ 2.83 million by 2030; it is estimated to grow at a CAGR of 6.1% from 2022 to 2030. Consumers ... Read More
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Green Coffee Bean Extract Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
... Africa) The global green coffee bean extract market is poised for substantial growth, with projections indicating a robust expansion from $840 million in 2024 to a staggering $1230 million by the end of 2031. This ... Read More
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Soft Drinks in Kenya
... due to the spike in inflation fuelled by the global recovery from the pandemic and the fallout of Russia’s invasion of Ukraine. As the cost of living soared and purchasing power fell, most people became ... Read More
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Energy Drinks in Kenya
... purchasing power amidst persistently high inflation. Nonetheless, retail demand remained healthy overall, with appreciation for the stimulant effect of these products increasing as consumer lifestyles became busier due to economic development, rising urbanisation and the ... Read More
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Concentrates in Kenya
... the aftermath of COVID-19. Similarly, as the pace of life accelerated with the easing of the pandemic, the category faced increased competition from more convenient ready-to-drink alternatives, especially juice. The downturn also reflected the fact ... Read More
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Carbonates in Kenya
... continued to underpin the positive development of the category. In particular, it profited from the fact that people under 30 years old now make up the vast majority of the population, as young adults and ... Read More
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Bottled Water in Kenya
... as people spent less time at home. The downturn was also attributable to steep price increases and falling purchasing power as recent tax hikes and inflationary pressures continued to bite. The latter trends made many ... Read More
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Juice in Kenya
... by increasing maturity, but mainly attributable to rising prices and falling purchasing power among consumers as Kenya continued to experience high inflation due to factors related to the global recovery from the pandemic and Russia’s ... Read More
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South Africa Dairy Products Market Overview, 2029
... contribute to the South African economy. There are four main breeds in the dairy industry in South Africa: Holstein, Jersey, Ayrshire and Guernsey. There are a lot of distinct economic activities that make up this ... Read More
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Other Hot Drinks in Kenya
... population, the enduring indulgence appeal of such products and their increasing use as ingredients for baking ensured demand remained buoyant. Additionally, the aggressive promotion of leading brands helped to maintain consumer interest in the category. ... Read More
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Coffee in Kenya
... the retail and foodservice levels. These results were underpinned by favourable socioeconomic conditions. Most notably, the number of people who could afford to regularly buy coffee continued to grow steadily in line with the gradual ... Read More
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Hot Drinks in Kenya
... by far the largest of the three main categories, though coffee and other hot drinks also saw off- and on-trade volume sales increase. Along with population growth and traditional consumption habits, favourable socioeconomic trends supported ... Read More
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Africa Energy Drinks Market Report and Forecast 2024-2032
... growing young population, heightened awareness about health and fitness, and the rapid urbanisation across major African cities, the market is projected to further grow at a CAGR of 6.2% in the forecast period of 2024-2032, ... Read More
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Tea in Kenya
... mainly reflective of increasing appreciation for the greater convenience of tea bags. Indeed, this attribute became even more appealing as the pace of life in the country picked up with the return to pre-pandemic routines. ... Read More
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Soft Drinks in Uganda
... of the Excise Duty Amendment Bill, 2023, imposing a tax on bottled water. This new tax legislation, sanctioned by Parliament, introduces a financial consideration for consumers in their beverage choices, potentially influencing market dynamics. Euromonitor ... Read More
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Hot Drinks in Uganda
... remains low and confined to the affluent urban middle class. The presence of unpackaged tea poses challenges, with very few brands of tea the only affordable option for low-income consumers. Urbanisation, rising incomes and expanding ... Read More
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Middle East & Africa RTD Cocktails Market Forecast to 2030 – Regional Analysis – by Base Type (Malt-Based, Tequila-Based, Vodka-Based, Whiskey-Based, and Others), Packaging Type (Bottles, Cans, and Others), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
... Specialty Stores, Online Retail, and Others) The Middle East & Africa RTD cocktails market was valued at US$ 725.15 million in 2022 and is expected to reach US$ 2,047.59 million by 2030; it is estimated ... Read More
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Soft Drinks in Tunisia
... showed robust growth thanks to strong demand – most notably, bottled water. Overall, the soft drinks industry in Tunisia has been less dynamic in 2023 than in previous years, particularly in terms of new product ... Read More
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Turmeric Coffee Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
... Market Research, a leading market analysis firm, has released a comprehensive report on the Turmeric Coffee Market, projecting an impressive growth trajectory for the industry. According to the report, the global sales of Turmeric Coffee ... Read More
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Energy Drinks in Tunisia
... price hikes and inflation. The decrease in Tunisian purchasing power also influenced the demand in 2023, a consequence of the ongoing economic crisis. Further, the presence of a parallel market continued to stand as a ... Read More
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Concentrates in Tunisia
... the company is poised to challenge its direct competitor, Best Brands - the official distributor for both Fresco and Fruit’o, and competition has been heating up. Euromonitor International's Concentrates in Tunisia report offers a comprehensive ... Read More