PUBLISHER: Value Market Research | PRODUCT CODE: 1361768
PUBLISHER: Value Market Research | PRODUCT CODE: 1361768
The global demand for Bubble Food & Beverages Market is presumed to reach the market size of nearly USD 19.09 BN by 2030 from USD 7.27 BN in 2022 with a CAGR of 11.32% under the study period 2023 - 2030.
Bubble food & beverages are made by using tea, such as green tea, black tea, oolong tea, and so on, with milk as a base, including boba (chewy balls) and fruit jelly.
The rising health-consciousness among consumers and increased awareness about various health benefits associated with boba intake have driven the growth of the bubble food & beverages market. Moreover, the rising popularity of bubble tea through social media platforms across various regions is expected to boost its demand. In line with this, the growing consumer preference for convenience, hygiene, and high-quality standards of food & beverages has driven the demand for bubble food & beverages. In addition, many restaurants & cafes are introducing new flavours of boba snacks and beverages to their menus, such as green tea, black tea, and white tea, among the consumers, especially millennials, which is likely to push the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of bubble food & beverages. The growth and trends of bubble food & beverages industry provide a holistic approach to this study.
This section of the bubble food & beverages market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Bubble Food & Beverages market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Bubble Food & Beverages market include 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, Troika J C, and Boba Box. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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