Australia & New Zealand Dried Fruits MARKET By Application
| Label | USD Billion |
|---|---|
| 2018 | 24.757667410151587 USD Billion |
| 2019 | 27.33348370373485 USD Billion |
| 2020 | 25.16595664296247 USD Billion |
| 2021 | 28.389563918184862 USD Billion |
| 2022 | 29.30403273192205 USD Billion |
| 2023 | 30.260491476801064 USD Billion |
| 2024 | 31.277917110324633 USD Billion |
| 2025 | 32.36108345778935 USD Billion |
| 2026 | 33.51518056304883 USD Billion |
| 2027 | 34.74585134697207 USD Billion |
| 2028 | 35.985690696974636 USD Billion |
| 2029 | 37.309342755417646 USD Billion |
| 2030 | 38.723479288726274 USD Billion |
| 2031 | 40.23533118264123 USD Billion |
| 2032 | 41.85272756073633 USD Billion |
Data Source: Wantstats Repository
Market Dynamics
Argentina is known for its culture of social gatherings and drinking. In fact, Argentina is one of the world’s top consumers of beer and home-brewed spirits. Despite this, the consumption of non-alcoholic beverages is on the rise in Argentina. The increased availability of these drinks, combined with growing awareness of their health benefits, has helped to drive this demand. Consumers are increasingly turning to non-alcoholic beverages to avoid the disadvantages associated with drinking alcohol, such as addiction and liver damage. Sports drinks are particularly popular, with soccer fans often reaching for a bottle of Gatorade to re-hydrate after an intense game. Energy drinks are also popular with young people, offering a boost of caffeine and taurine. Soft drinks remain well-liked, with Coca-Cola and Pepsi leading the way. Fruit juices, smoothies and vegetable juices are also becoming popular with health-conscious consumers. Fruit juices are made from fresh, locally grown fruits, and are often fortified with vitamins and minerals. Consumers are also drinking bottled water, although tap water is widely considered to be safe. Herbal teas, dubbed "yerba mate" in Argentina, are also becoming more popular.
This tea is made from the leaves of the Ilex paraguariensis plant and is very popular in Argentina. It is often consumed at social gatherings and is believed to have numerous health benefits. Coffee is also an important part of the culture, and cafes around the country serve it alongside pastries and cakes. Some cafes are even beginning to incorporate cold brew coffee into their menus. In conclusion, the demand for non-alcoholic beverages in Argentina is increasing. Consumers are increasingly turning to these drinks for their health benefits and in order to avoid the disadvantages associated with drinking alcohol. Sports and energy drinks, fruit juices, smoothies, vegetable juices, bottled water, herbal teas and coffee are among the most popular choices.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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