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PUBLISHER: Grand View Research | PRODUCT CODE: 1097116
PUBLISHER: Grand View Research | PRODUCT CODE: 1097116
Bubble Food & Beverages Market Size, Share & Trends Analysis Report By Product (Desserts, Bubble Tea), By Source (Tapioca-based, Bursting Bubble), By Distribution Channel (Off-trade, On-trade), And Segment Forecasts, 2022 - 2030
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Bubble Food & Beverages Market Growth & Trends:
The global bubble food & beverages market size is expected to reach USD 8.94 billion by 2030, registering a CAGR of 9.2% from 2022 to 2030, according to a new report by Grand View Research, Inc. The rising health-consciousness among consumers, along with increasing awareness about various health benefits associated with boba consumption, has been driving the growth of the global market. The tapioca-based bubble food & beverages segment accounted for a majority of the share to become a larger division in 2021. Tapioca has no saturated fat, lowers insulin levels, and is rich in calcium & iron, which are the major factors driving its application in bubble food & beverages. Furthermore, the easy availability of tapioca pearls is also contributing to the segment growth. The bubble tea segment held the majority of the share in 2021.
The availability of different flavors of boba pearls along with the rising consumption of healthy beverages, such as green tea, black tea, and white tea, among the consumers especially, millennials, has driven the demand for bubble tea in the market. The on-trade segment is expected to register the fastest CAGR from 2022 to 2030. The growing consumer preference for convenience, hygiene, and high-quality standards of food & beverages has driven the demand for handcrafted bubble food & beverages. Moreover, many restaurants & cafes are introducing new flavors of boba snacks and beverages to their menu, which is likely to drive the segment's growth. The market is characterized by the presence of some large-scale companies as well as some developing brands. Leading manufacturers hold a significant market share in major parts of Asia Pacific.
Bubble Food & Beverages Market Report Highlights:
- The bubble tea product segment is projected to register the fastest CAGR during the forecast period
- The rising popularity of bubble tea through social media platforms across various regions is expected to boost its demand
- The on-trade segment is expected to grow at a faster rate owing to the increasing availability of a wide range of bubble foods & beverages in restaurants and cafes
- Asia Pacific dominated the global market in 2021 and accounted for the largest share of the overall revenue
- Consumers, most notably in China, Japan, and South Korea, are increasingly inclining toward bubble foods & beverages, which, in turn, is fueling the regional market growth
Product Code: GVR-4-68039-949-5
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Product Outlook
- 2.3. Source Outlook
- 2.4. Distribution Channel Outlook
Chapter 3. Bubble Food & Beverages Market Variables, Trends & Scope
- 3.1. Market Introduction
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Impact of COVID-19 on the Bubble Food & Beverages Market
- 3.4. Industry Value Chain Analysis
- 3.4.1. Sales/Retail Channel Analysis
- 3.4.2. Profit Margin Analysis
- 3.5. Market Dynamics
- 3.5.1. Driver Impact Analysis
- 3.5.2. Restraint Impact Analysis
- 3.5.3. Industry Challenges
- 3.5.4. Industry opportunities
- 3.6. Business Environment Analysis
- 3.6.1. Industry Analysis - Porter's Five Forces
- 3.6.1.1. Supplier Power
- 3.6.1.2. Buyer Power
- 3.6.1.3. Substitution Threat
- 3.6.1.4. Threat from New Entrant
- 3.6.1.5. Competitive Rivalry
- 3.6.1. Industry Analysis - Porter's Five Forces
- 3.7. Roadmap of Bubble Food & Beverages Market
- 3.8. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends and Preferences
- 4.3. Factors Affecting Buying Decision
- 4.4. Consumer Product Adoption
- 4.5. Observations & Recommendations
Chapter 5. Bubble Food & Beverages Market: Product Estimates & Trend Analysis
- 5.1. Product Movement Analysis & Market Share, 2021 & 2030
- 5.2. Fruit Snacks
- 5.2.1. Market estimates and forecast by fruit snacks, 2017 - 2030 (USD Million)
- 5.3. Desserts
- 5.3.1. Market estimates and forecast by desserts, 2017 - 2030 (USD Million)
- 5.4. Fruit Beverages
- 5.4.1. Market estimates and forecast by fruit beverages, 2017 - 2030 (USD Million)
- 5.5. Bubble Tea
- 5.5.1. Market estimates and forecast by bubble tea, 2017 - 2030 (USD Million)
- 5.6. Others
- 5.6.1. Market estimates and forecast by others, 2017 - 2030 (USD Million)
Chapter 6. Bubble Food & Beverages Market: Source Estimates & Trend Analysis
- 6.1. Source Movement Analysis & Market Share, 2021 & 2030
- 6.2. Tapioca-based
- 6.2.1. Market estimates and forecast by tapioca-based, 2017 - 2030 (USD Million)
- 6.3. Bursting Bubble
- 6.3.1. Market estimates and forecast by bursting bubble, 2017 - 2030 (USD Million)
Chapter 7. Bubble Food & Beverages Market: Distribution Channel Estimates & Trend Analysis
- 7.1. Distribution channel Movement Analysis & Market Share, 2021 & 2030
- 7.2. Off-trade
- 7.2.1. Market estimates and forecast through off-trade, 2017 - 2030 (USD Million)
- 7.2.1.1. Supermarkets & Hypermarkets
- 7.2.1.1.1. Market estimates and forecast through supermarkets & hypermarkets, 2017 - 2030 (USD Million)
- 7.2.1.2. Online
- 7.2.1.2.1. Market estimates and forecast through online, 2017 - 2030 (USD Million)
- 7.2.1.3. Others
- 7.2.1.3.1. Market estimates and forecast through others, 2017 - 2030 (USD Million)
- 7.2.1. Market estimates and forecast through off-trade, 2017 - 2030 (USD Million)
- 7.3. On-trade
- 7.3.1. Market estimates and forecast through on-trade, 2017 - 2030 (USD Million)
Chapter 8. Bubble Food & Beverages Market: Regional Estimates & Trend Analysis
- 8.1. Regional Movement Analysis & Market Share, 2021 & 2030
- 8.2. North America
- 8.2.1. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 8.2.2. Market estimates and forecast, by source, 2017 - 2030 (USD Million)
- 8.2.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.2.4. U.S.
- 8.2.4.1. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 8.2.4.2. Market estimates and forecast, by source 2017 - 2030 (USD Million)
- 8.2.4.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.2.5. Canada
- 8.2.5.1. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 8.2.5.2. Market estimates and forecast, by source 2017 - 2030 (USD Million)
- 8.2.5.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.2.6. Mexico
- 8.2.6.1. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 8.2.6.2. Market estimates and forecast, by source 2017 - 2030 (USD Million)
- 8.2.6.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 8.3.2. Market estimates and forecast, by source, 2017 - 2030 (USD Million)
- 8.3.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.3.4. Germany
- 8.3.4.1. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 8.3.4.2. Market estimates and forecast, by source, 2017 - 2030 (USD Million)
- 8.3.4.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.3.5. U.K.
- 8.3.5.1. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 8.3.5.2. Market estimates and forecast, by source, 2017 - 2030 (USD Million)
- 8.3.5.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.3.6. France
- 8.3.6.1. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 8.3.6.2. Market estimates and forecast, by source, 2017 - 2030 (USD Million)
- 8.3.6.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 8.4.2. Market estimates and forecast, by source, 2017 - 2030 (USD Million)
- 8.4.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.4.4. China
- 8.4.4.1. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 8.4.4.2. Market estimates and forecast, by source, 2017 - 2030 (USD Million)
- 8.4.4.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.4.5. Japan
- 8.4.5.1. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 8.4.5.2. Market estimates and forecast, by source, 2017 - 2030 (USD Million)
- 8.4.5.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.4.6. Australia
- 8.4.6.1. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 8.4.6.2. Market estimates and forecast, by source, 2017 - 2030 (USD Million)
- 8.4.6.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.4.7. New Zealand
- 8.4.7.1. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 8.4.7.2. Market estimates and forecast, by source, 2017 - 2030 (USD Million)
- 8.4.7.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.5. Central & South America
- 8.5.1. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 8.5.2. Market estimates and forecast, by source, 2017 - 2030 (USD Million)
- 8.5.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.5.4. Brazil
- 8.5.4.1. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 8.5.4.2. Market estimates and forecast, by source, 2017 - 2030 (USD Million)
- 8.5.4.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.6. Middle East & Africa
- 8.6.1. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 8.6.2. Market estimates and forecast, by source, 2017 - 2030 (USD Million
- 8.6.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
Chapter 9. Competitive Analysis
- 9.1. Key global players, recent developments & their impact on the industry
- 9.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
- 9.3. Vendor Landscape
- 9.3.1. Key company market share analysis, 2021
Chapter 10. Company Profiles
- 10.1. Del Monte Foods, Inc.
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Strategic Initiatives
- 10.2. Modoo Food Ltd.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Strategic Initiatives
- 10.3. Bubble Tea Club
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Strategic Initiatives
- 10.4. Bubble Tea House Company
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Strategic Initiatives
- 10.5. Fokus Inc.
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Strategic Initiatives
- 10.6. Gong Cha
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Strategic Initiatives
- 10.7. Chatime
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Strategic Initiatives
- 10.8. Lollicup USA, Inc.
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Strategic Initiatives
- 10.9. Bubble Tea Supply Inc.
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Strategic Initiatives
- 10.10. Ten Ren's Tea Time
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Strategic Initiatives
- 10.11. Troika JC.
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Strategic Initiatives
- 10.12. Boba Box
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Strategic Initiatives
Product Code: GVR-4-68039-949-5
List of Tables
- Table 1 Bubble food & beverages market - Driving factor market analysis
- Table 2 Bubble food & beverages market - Restraint factor market analysis
- Table 3 Bubble fruit snacks market estimates and forecast, 2017 - 2030 (USD Million)
- Table 4 Bubble desserts market estimates and forecast, 2017 - 2030 (USD Million)
- Table 5 Bubble fruit beverages market estimates and forecast, 2017 - 2030 (USD Million)
- Table 6 Bubble tea market estimates and forecast, 2017 - 2030 (USD Million)
- Table 7 Other bubble food & beverages market estimates and forecast, 2017 - 2030 (USD Million)
- Table 8 Tapioca-based bubble food & beverages market estimates and forecast, 2017 - 2030 (USD Million)
- Table 9 Bursting bubble food & beverages market estimates and forecast, 2017 - 2030 (USD Million)
- Table 10 Bubble food & beverages market estimates and forecast, through off-trade, 2017 - 2030 (USD Million)
- Table 11 Bubble food & beverages market estimates and forecast, through on-trade, 2017 - 2030 (USD Million)
- Table 12 North America bubble food & beverages market estimates and forecast, 2017 - 2030 (USD Million)
- Table 13 North America bubble food & beverages market estimates and forecast, by product, 2017 - 2030 (USD Million)
- Table 14 North America bubble food & beverages market estimates and forecast, by source, 2017 - 2030 (USD Million)
- Table 15 North America bubble food & beverages market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- Table 16 U.S. bubble food & beverages market estimates and forecast, 2017 - 2030 (USD Million)
- Table 17 U.S. bubble food & beverages market estimates and forecast, by product, 2017 - 2030 (USD Million)
- Table 18 U.S. bubble food & beverages market estimates and forecast, by source, 2017 - 2030 (USD Million)
- Table 19 U.S. bubble food & beverages market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- Table 20 Canada bubble food & beverages market estimates and forecast, 2017 - 2030 (USD Million)
- Table 21 Canada bubble food & beverages market estimates and forecast, by product, 2017 - 2030 (USD Million)
- Table 22 Canada bubble food & beverages market estimates and forecast, by source, 2017 - 2030 (USD Million)
- Table 23 Canada bubble food & beverages market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- Table 24 Mexico bubble food & beverages market estimates and forecast, 2017 - 2030 (USD Million)
- Table 25 Mexico bubble food & beverages market estimates and forecast, by product, 2017 - 2030 (USD Million)
- Table 26 Mexico bubble food & beverages market estimates and forecast, by source, 2017 - 2030 (USD Million)
- Table 27 Mexico bubble food & beverages market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- Table 28 Europe bubble food & beverages market estimates and forecast, 2017 - 2030 (USD Million)
- Table 29 Europe bubble food & beverages market estimates and forecast, by product, 2017 - 2030 (USD Million)
- Table 30 Europe bubble food & beverages market estimates and forecast, by source, 2017 - 2030 (USD Million)
- Table 31 Europe bubble food & beverages market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- Table 32 Germany bubble food & beverages market estimates and forecast, 2017 - 2030 (USD Million)
- Table 33 Germany bubble food & beverages market estimates and forecast, by product, 2017 - 2030 (USD Million)
- Table 34 Germany bubble food & beverages market estimates and forecast, by source, 2017 - 2030 (USD Million)
- Table 35 Germany bubble food & beverages market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- Table 36 France bubble food & beverages market estimates and forecast, 2017 - 2030 (USD Million)
- Table 37 France bubble food & beverages market estimates and forecast, by product, 2017 - 2030 (USD Million)
- Table 38 France bubble food & beverages market estimates and forecast, by source, 2017 - 2030 (USD Million)
- Table 39 France bubble food & beverages market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- Table 40 U.K. bubble food & beverages market estimates and forecast, 2017 - 2030 (USD Million)
- Table 41 U.K. bubble food & beverages market estimates and forecast, by product, 2017 - 2030 (USD Million)
- Table 42 U.K. bubble food & beverages market estimates and forecast, by source, 2017 - 2030 (USD Million)
- Table 43 U.K. bubble food & beverages market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- Table 44 Asia Pacific bubble food & beverages estimates and forecast, 2017 - 2030 (USD Million)
- Table 45 Asia Pacific bubble food & beverages estimates and forecast, by product, 2017 - 2030 (USD Million)
- Table 46 Asia Pacific bubble food & beverages estimates and forecast, by source, 2017 - 2030 (USD Million)
- Table 47 Asia Pacific bubble food & beverages estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- Table 48 China bubble food & beverages market estimates and forecast, 2017 - 2030 (USD Million)
- Table 49 China bubble food & beverages market estimates and forecast, by product, 2017 - 2030 (USD Million)
- Table 50 China bubble food & beverages market estimates and forecast, by source, 2017 - 2030 (USD Million)
- Table 51 China bubble food & beverages market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- Table 52 Japan bubble food & beverages market estimates and forecast, 2017 - 2030 (USD Million)
- Table 53 Japan bubble food & beverages market estimates and forecast, by product, 2017 - 2030 (USD Million)
- Table 54 Japan bubble food & beverages market estimates and forecast, by source, 2017 - 2030 (USD Million)
- Table 55 Japan bubble food & beverages market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- Table 56 Australia bubble food & beverages market estimates and forecast, 2017 - 2030 (USD Million)
- Table 57 Australia bubble food & beverages market estimates and forecast, by product, 2017 - 2030 (USD Million)
- Table 58 Australia bubble food & beverages market estimates and forecast, by source, 2017 - 2030 (USD Million)
- Table 59 Australia bubble food & beverages market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- Table 60 New Zealand bubble food & beverages market estimates and forecast, 2017 - 2030 (USD Million)
- Table 61 New Zealand bubble food & beverages market estimates and forecast, by product, 2017 - 2030 (USD Million)
- Table 62 New Zealand bubble food & beverages market estimates and forecast, by source, 2017 - 2030 (USD Million)
- Table 63 New Zealand bubble food & beverages estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- Table 64 Central & South America bubble food & beverages market estimates and forecast, 2017 - 2030 (USD Million)
- Table 65 Central & South America bubble food & beverages market estimates and forecast, by product, 2017 - 2030 (USD Million)
- Table 66 Central & South America bubble food & beverages market estimates and forecast, by source, 2017 - 2030 (USD Million)
- Table 67 Central & South America bubble food & beverages market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- Table 68 Brazil bubble food & beverages market estimates and forecast, 2017 - 2030 (USD Million)
- Table 69 Brazil bubble food & beverages market estimates and forecast, by product, 2017 - 2030 (USD Million)
- Table 70 Brazil bubble food & beverages market estimates and forecast, by source, 2017 - 2030 (USD Million)
- Table 71 Brazil bubble food & beverages market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- Table 72 Middle East & Africa bubble food & beverages market estimates and forecast, 2017 - 2030 (USD Million)
- Table 73 Middle East & Africa bubble food & beverages market estimates and forecast, by product, 2017 - 2030 (USD Million)
- Table 74 Middle East & Africa bubble food & beverages market estimates and forecast, by source, 2017 - 2030 (USD Million)
- Table 75 Middle East & Africa bubble food & beverages market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- Table 76 Company Categorization
List of Figures
- Fig. 1 Bubble food & beverages market segmentation
- Fig. 2 Information procurement
- Fig. 3 Primary research pattern
- Fig. 4 Primary research approaches
- Fig. 5 Primary research process
- Fig. 6 Bubble food & beverages market - Penetration & growth prospect mapping
- Fig. 7 Bubble food & beverages market - Value chain analysis
- Fig. 8 Profit margin analysis
- Fig. 9 Bubble food & beverages market: Porter's five forces analysis
- Fig. 10 Roadmap of the bubble food & beverages market
- Fig. 11 U.S. bubble/boba beverage consumption, by age group, 2021
- Fig. 12 U.S. bubble/boba beverage consumption, by gender, 2021
- Fig. 13 U.S. bubble/boba beverage consumption, by income, 2021
- Fig. 14 Bubble food & beverages market: Product share (%) analysis, 2021 & 2030
- Fig. 15 Bubble food & beverages market: Source share (%) analysis, 2021 & 2030
- Fig. 16 Bubble food & beverages market: Distribution channel share (%) analysis, 2021 & 2030
- Fig. 17 Bubble food and beverage market: Regional share (%) analysis, 2021 & 2030 (USD Million)
- Fig. 18 Bubble food & beverages market share analysis, 2020
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