PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1635081
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1635081
Bubble Food and Beverages Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2025 - 2030)
The global bubble food and beverages market is projected to grow from an estimated $5.7 billion in 2024 to $10.7 billion by 2030, reflecting a compound annual growth rate (CAGR) of 11% during the forecast period. This growth is primarily driven by the increasing demand among millennials and Generation Z for boba-based snacks and drinks, such as bubble tea, which are perceived as healthy and novel. The influence of East Asian cultures, particularly Taiwanese, Korean, and Japanese, through social media, entertainment, and diaspora communities, has further popularized these products globally.
Key Insights
Bubble tea holds the largest share in the product segment, attributed to its wide variety of flavors and customizable options that appeal to young consumers seeking unique taste experiences. Other notable products include fruit snacks, desserts, and fruit beverages incorporating tapioca pearls and bursting bubbles.
Tapioca-based bubbles are predominant due to their chewy texture and compatibility with various beverages and desserts. Bursting bubbles, which release flavored juices upon consumption, are also gaining popularity for adding an interactive element to food and drinks.
The on-trade segment, encompassing cafes, tea shops, and restaurants, dominates the market as consumers prefer freshly prepared bubble-infused beverages and desserts. The off-trade segment, including retail stores and online platforms, is expanding as packaged bubble products become more accessible for home consumption.
Asia-Pacific leads the market due to the presence of numerous manufacturers in countries like China, India, Japan, and Thailand. North America is expected to witness significant growth, driven by increasing cultural exposure and the rising popularity of bubble tea among younger demographics.
There is a growing inclination toward unique and visually appealing food and beverage experiences among millennials, Gen Z, and Gen Alpha. Floral, fruity, and savory flavor options, along with aesthetically pleasing presentations, resonate with social-media-conscious consumers. Fusion foods blending diverse ingredients and flavors, such as cocktails and mocktails with tapioca pearls, are also gaining popularity.
The market is fragmented, with numerous local and international players focusing on product innovation and expansion to cater to evolving consumer preferences. Investments in research and development to introduce new flavors and healthier options are common strategies among key players.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by product
- 1.4.2. Market size breakdown, by source
- 1.4.3. Market size breakdown, by distribution channel
- 1.4.4. Market size breakdown, by region
- 1.4.5. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.5.1. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Global Market
- 6.1. Overview
- 6.2. Market Revenue, by Product (2019-2030)
- 6.3. Market Revenue, by Source (2019-2030)
- 6.4. Market Revenue, by Distribution Channel (2019-2030)
- 6.5. Market Revenue, by Region (2019-2030)
Chapter 7. North America Market
- 7.1. Overview
- 7.2. Market Revenue, by Product (2019-2030)
- 7.3. Market Revenue, by Source (2019-2030)
- 7.4. Market Revenue, by Distribution Channel (2019-2030)
- 7.5. Market Revenue, by Country (2019-2030)
Chapter 8. Europe Market
- 8.1. Overview
- 8.2. Market Revenue, by Product (2019-2030)
- 8.3. Market Revenue, by Source (2019-2030)
- 8.4. Market Revenue, by Distribution Channel (2019-2030)
- 8.5. Market Revenue, by Country (2019-2030)
Chapter 9. APAC Market
- 9.1. Overview
- 9.2. Market Revenue, by Product (2019-2030)
- 9.3. Market Revenue, by Source (2019-2030)
- 9.4. Market Revenue, by Distribution Channel (2019-2030)
- 9.5. Market Revenue, by Country (2019-2030)
Chapter 10. LATAM Market
- 10.1. Overview
- 10.2. Market Revenue, by Product (2019-2030)
- 10.3. Market Revenue, by Source (2019-2030)
- 10.4. Market Revenue, by Distribution Channel (2019-2030)
- 10.5. Market Revenue, by Country (2019-2030)
Chapter 11. MEA Market
- 11.1. Overview
- 11.2. Market Revenue, by Product (2019-2030)
- 11.3. Market Revenue, by Source (2019-2030)
- 11.4. Market Revenue, by Distribution Channel (2019-2030)
- 11.5. Market Revenue, by Country (2019-2030)
Chapter 12. U.S. Market
- 12.1. Overview
- 12.2. Market Revenue, by Product (2019-2030)
- 12.3. Market Revenue, by Source (2019-2030)
- 12.4. Market Revenue, by Distribution Channel (2019-2030)
Chapter 13. Canada Market
- 13.1. Overview
- 13.2. Market Revenue, by Product (2019-2030)
- 13.3. Market Revenue, by Source (2019-2030)
- 13.4. Market Revenue, by Distribution Channel (2019-2030)
Chapter 14. Germany Market
- 14.1. Overview
- 14.2. Market Revenue, by Product (2019-2030)
- 14.3. Market Revenue, by Source (2019-2030)
- 14.4. Market Revenue, by Distribution Channel (2019-2030)
Chapter 15. France Market
- 15.1. Overview
- 15.2. Market Revenue, by Product (2019-2030)
- 15.3. Market Revenue, by Source (2019-2030)
- 15.4. Market Revenue, by Distribution Channel (2019-2030)
Chapter 16. U.K. Market
- 16.1. Overview
- 16.2. Market Revenue, by Product (2019-2030)
- 16.3. Market Revenue, by Source (2019-2030)
- 16.4. Market Revenue, by Distribution Channel (2019-2030)
Chapter 17. Italy Market
- 17.1. Overview
- 17.2. Market Revenue, by Product (2019-2030)
- 17.3. Market Revenue, by Source (2019-2030)
- 17.4. Market Revenue, by Distribution Channel (2019-2030)
Chapter 18. Spain Market
- 18.1. Overview
- 18.2. Market Revenue, by Product (2019-2030)
- 18.3. Market Revenue, by Source (2019-2030)
- 18.4. Market Revenue, by Distribution Channel (2019-2030)
Chapter 19. Japan Market
- 19.1. Overview
- 19.2. Market Revenue, by Product (2019-2030)
- 19.3. Market Revenue, by Source (2019-2030)
- 19.4. Market Revenue, by Distribution Channel (2019-2030)
Chapter 20. China Market
- 20.1. Overview
- 20.2. Market Revenue, by Product (2019-2030)
- 20.3. Market Revenue, by Source (2019-2030)
- 20.4. Market Revenue, by Distribution Channel (2019-2030)
Chapter 21. India Market
- 21.1. Overview
- 21.2. Market Revenue, by Product (2019-2030)
- 21.3. Market Revenue, by Source (2019-2030)
- 21.4. Market Revenue, by Distribution Channel (2019-2030)
Chapter 22. Australia Market
- 22.1. Overview
- 22.2. Market Revenue, by Product (2019-2030)
- 22.3. Market Revenue, by Source (2019-2030)
- 22.4. Market Revenue, by Distribution Channel (2019-2030)
Chapter 23. South Korea Market
- 23.1. Overview
- 23.2. Market Revenue, by Product (2019-2030)
- 23.3. Market Revenue, by Source (2019-2030)
- 23.4. Market Revenue, by Distribution Channel (2019-2030)
Chapter 24. Brazil Market
- 24.1. Overview
- 24.2. Market Revenue, by Product (2019-2030)
- 24.3. Market Revenue, by Source (2019-2030)
- 24.4. Market Revenue, by Distribution Channel (2019-2030)
Chapter 25. Mexico Market
- 25.1. Overview
- 25.2. Market Revenue, by Product (2019-2030)
- 25.3. Market Revenue, by Source (2019-2030)
- 25.4. Market Revenue, by Distribution Channel (2019-2030)
Chapter 26. Saudi Arabia Market
- 26.1. Overview
- 26.2. Market Revenue, by Product (2019-2030)
- 26.3. Market Revenue, by Source (2019-2030)
- 26.4. Market Revenue, by Distribution Channel (2019-2030)
Chapter 27. South Africa Market
- 27.1. Overview
- 27.2. Market Revenue, by Product (2019-2030)
- 27.3. Market Revenue, by Source (2019-2030)
- 27.4. Market Revenue, by Distribution Channel (2019-2030)
Chapter 28. U.A.E. Market
- 28.1. Overview
- 28.2. Market Revenue, by Product (2019-2030)
- 28.3. Market Revenue, by Source (2019-2030)
- 28.4. Market Revenue, by Distribution Channel (2019-2030)
Chapter 29. Competitive Landscape
- 29.1. List of Market Players and their Offerings
- 29.2. Competitive Benchmarking of Key Players
- 29.3. Product Benchmarking of Key Players
- 29.4. Recent Strategic Developments
Chapter 30. Company Profiles
- 30.1. Ten Ren's Tea
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
- 30.2. Del Monte Foods Inc.
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
- 30.3. Bubble Tea House Company
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
- 30.4. Bubble Tea Supply
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
- 30.5. CAFE POS LLC
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
- 30.6. Modoo Food Ltd.
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
- 30.7. Lollicup USA Inc.
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
- 30.8. Boba Box
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
- 30.9. Fokus Inc.
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
Chapter 31. Appendix
- 31.1. Abbreviations
- 31.2. Sources and References
- 31.3. Related Reports
