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Global Bubble Food & Beverages Market Size study, by Product (Fruit Snacks, Desserts, Fruits Beverages, Bubble Tea, Others), by Source (Tapioca-based, Bursting Bubble), by Distribution Channel (Off-trade, On-trade) and Regional Forecasts 2022-2028

  • BIZ4983427
  • 200 Pages
  • July 2022
  • Food and Beverages
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Global Bubble Food & Beverages Market is valued approximately USD 4.05 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 9.2 % over the forecast period 2022-2028. The rising popularity of boba-based snacks and drinks is propelling the sector forward.. Furthermore, the growing preference for healthy beverages over carbonated beverages has increased demand for bubble tea. It is produced by combining tea (green tea, black tea, oolong tea, and so on) with milk as a foundation, as well as boba (chewy balls) and fruit jelly. Furthermore, social media has played a significant part in the global popularity of bubble tea. Southeast Asia has a high demand for boba, which increased bubble tea orders on GrabFood by a whopping 3,000 percent in 2018. According to a blog published on the Grab in May 2019, due to increased customer demand, GrabFood reached approximately 4,000 bubble tea shops, representing a 200 percent increase in outlets for the region. Increasing R&D spending, along with increased consumer awareness of the advantages of goods incorporating organic, vegan, and natural tapioca pearls, have pushed producers to offer new products. Botanist, for example, expanded its product selection to the bubble tea market in August 2019 by delivering blue-hued boba tea produced with pea-based milk at its in-store café in Tokyo's Harajuku neighborhood. Furthermore, Del Monte Foods, Inc. introduced Joyba Bubble Tea in a variety of varieties in October 2021, including strawberry lemonade green tea, raspberry dragon fruit black tea, mango passionfruit green tea, and cherry hibiscus tea. However, the availability of raw materials hampers market expansion over the projection period of 2022-2028.

The key regions considered for the Global Bubble Food & Beverages Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific emerged as the market leader. This is due to growing consumer knowledge of bubble foods and beverages in countries such as China, Thailand, Australia, and New Zealand. In addition, a rising number of product releases in major regions such as China, Thailand, and Australia are expected to promote segment development. North America is predicted to be the second-largest regional market, with a considerable CAGR between 2022 and 2030. Consumers in nations such as the United States and Canada are ready to pay a premium for healthy meals and beverages, which is increasing demand for bubble food and beverages. Furthermore, the increasing number of product releases by significant businesses in the region will contribute to overall growth.

Major market player included in this report are:

Del Monte Foods Inc.

Modoo Food Ltd.

Bubble Tea Club

Bubble Tea House Company

Fokus Inc.

Gong Cha

Chatime

Lollicup USA, Inc.

Bubble Tea Supply Inc.

Ten Ren’s Tea Time

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Fruit Snacks

Desserts

Fruits Beverages

Bubble Tea

Others

By Source:

Tapioca-based

Bursting Bubble

By Distribution Channel:

Off-trade

On-trade

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Bubble Food & Beverages Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)

1.2.1. Bubble Food & Beverages Market, by Region, 2020-2028 (USD Billion)

1.2.2. Bubble Food & Beverages Market, by Product, 2020-2028 (USD Billion)

1.2.3. Bubble Food & Beverages Market, by Source, 2020-2028 (USD Billion)

1.2.4. Bubble Food & Beverages Market, by Distribution Channel, 2020-2028 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Bubble Food & Beverages Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Bubble Food & Beverages Market Dynamics

3.1. Bubble Food & Beverages Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Increasing consumption of convenient boba-based snacks and drinks

3.1.1.2. Rising demand for healthy beverages over carbonated drinks

3.1.2. Market Challenges

3.1.2.1. Availability of raw materials

3.1.3. Market Opportunities

3.1.3.1. Increasing investments in research & development

Chapter 4. Global Bubble Food & Beverages Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Bubble Food & Beverages Market, by Product

6.1. Market Snapshot

6.2. Global Bubble Food & Beverages Market by Product, Performance - Potential Analysis

6.3. Global Bubble Food & Beverages Market Estimates & Forecasts by Product 2018-2028 (USD Billion)

6.4. Bubble Food & Beverages Market, Sub Segment Analysis

6.4.1. Fruit Snacks

6.4.2. Desserts

6.4.3. Fruits Beverages

6.4.4. Bubble Tea

6.4.5. Others

Chapter 7. Global Bubble Food & Beverages Market, by Source

7.1. Market Snapshot

7.2. Global Bubble Food & Beverages Market by Source, Performance - Potential Analysis

7.3. Global Bubble Food & Beverages Market Estimates & Forecasts by Source 2018-2028 (USD Billion)

7.4. Bubble Food & Beverages Market, Sub Segment Analysis

7.4.1. Tapioca-based

7.4.2. Bursting Bubble

Chapter 8. Global Bubble Food & Beverages Market, by Distribution Channel

8.1. Market Snapshot

8.2. Global Bubble Food & Beverages Market by Distribution Channel, Performance - Potential Analysis

8.3. Global Bubble Food & Beverages Market Estimates & Forecasts by Distribution Channel 2018-2028 (USD Billion)

8.4. Bubble Food & Beverages Market, Sub Segment Analysis

8.4.1. Off-trade

8.4.2. On-trade

Chapter 9. Global Bubble Food & Beverages Market, Regional Analysis

9.1. Bubble Food & Beverages Market, Regional Market Snapshot

9.2. North America Bubble Food & Beverages Market

9.2.1. U.S. Bubble Food & Beverages Market

9.2.1.1. Product breakdown estimates & forecasts, 2018-2028

9.2.1.2. Source breakdown estimates & forecasts, 2018-2028

9.2.1.3. Distribution Channel breakdown estimates & forecasts, 2018-2028

9.2.2. Canada Bubble Food & Beverages Market

9.3. Europe Bubble Food & Beverages Market Snapshot

9.3.1. U.K. Bubble Food & Beverages Market

9.3.2. Germany Bubble Food & Beverages Market

9.3.3. France Bubble Food & Beverages Market

9.3.4. Spain Bubble Food & Beverages Market

9.3.5. Italy Bubble Food & Beverages Market

9.3.6. Rest of Europe Bubble Food & Beverages Market

9.4. Asia-Pacific Bubble Food & Beverages Market Snapshot

9.4.1. China Bubble Food & Beverages Market

9.4.2. India Bubble Food & Beverages Market

9.4.3. Japan Bubble Food & Beverages Market

9.4.4. Australia Bubble Food & Beverages Market

9.4.5. South Korea Bubble Food & Beverages Market

9.4.6. Rest of Asia Pacific Bubble Food & Beverages Market

9.5. Latin America Bubble Food & Beverages Market Snapshot

9.5.1. Brazil Bubble Food & Beverages Market

9.5.2. Mexico Bubble Food & Beverages Market

9.6. Rest of The World Bubble Food & Beverages Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies

10.2. Company Profiles

10.2.1. Del Monte Foods Inc.

10.2.1.1. Key Information

10.2.1.2. Overview

10.2.1.3. Financial (Subject to Data Availability)

10.2.1.4. Product Summary

10.2.1.5. Recent Developments

10.2.2. Modoo Food Ltd.

10.2.3. Bubble Tea Club

10.2.4. Bubble Tea House Company

10.2.5. Fokus Inc.

10.2.6. Gong Cha

10.2.7. Chatime

10.2.8. Lollicup USA, Inc.

10.2.9. Bubble Tea Supply Inc.

10.2.10. Ten Ren’s Tea Time

Chapter 11. Research Process

11.1. Research Process

11.1.1. Data Mining

11.1.2. Analysis

11.1.3. Market Estimation

11.1.4. Validation

11.1.5. Publishing

11.2. Research Attributes

11.3. Research Assumption

List of Tables

TABLE 1. Global Bubble Food & Beverages Market, report scope

TABLE 2. Global Bubble Food & Beverages Market estimates & forecasts by Region 2018-2028 (USD Billion)

TABLE 3. Global Bubble Food & Beverages Market estimates & forecasts by Product 2018-2028 (USD Billion)

TABLE 4. Global Bubble Food & Beverages Market estimates & forecasts by Source 2018-2028 (USD Billion)

TABLE 5. Global Bubble Food & Beverages Market estimates & forecasts by Distribution Channel 2018-2028 (USD Billion)

TABLE 6. Global Bubble Food & Beverages Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 7. Global Bubble Food & Beverages Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 8. Global Bubble Food & Beverages Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 9. Global Bubble Food & Beverages Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 10. Global Bubble Food & Beverages Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 11. Global Bubble Food & Beverages Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 12. Global Bubble Food & Beverages Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 13. Global Bubble Food & Beverages Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 14. Global Bubble Food & Beverages Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 15. Global Bubble Food & Beverages Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 16. U.S. Bubble Food & Beverages Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 17. U.S. Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 18. U.S. Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 19. Canada Bubble Food & Beverages Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 20. Canada Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 21. Canada Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 22. UK Bubble Food & Beverages Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 23. UK Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 24. UK Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 25. Germany Bubble Food & Beverages Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 26. Germany Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 27. Germany Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 28. RoE Bubble Food & Beverages Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 29. RoE Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 30. RoE Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 31. China Bubble Food & Beverages Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 32. China Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 33. China Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 34. India Bubble Food & Beverages Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 35. India Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 36. India Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 37. Japan Bubble Food & Beverages Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 38. Japan Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 39. Japan Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 40. RoAPAC Bubble Food & Beverages Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 41. RoAPAC Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 42. RoAPAC Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 43. Brazil Bubble Food & Beverages Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 44. Brazil Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 45. Brazil Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 46. Mexico Bubble Food & Beverages Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 47. Mexico Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 48. Mexico Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 49. RoLA Bubble Food & Beverages Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 50. RoLA Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 51. RoLA Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 52. Row Bubble Food & Beverages Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 53. Row Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 54. Row Bubble Food & Beverages Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 55. List of secondary sources, used in the study of global Bubble Food & Beverages Market

TABLE 56. List of primary sources, used in the study of global Bubble Food & Beverages Market

TABLE 57. Years considered for the study

TABLE 58. Exchange rates considered

 
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