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GLOBAL BUBBLE FOOD & BEVERAGE MARKET FORECAST 2024-2032

SCOPE OF THE REPORT

Global Bubble Food & Beverage Market by Source (Tapioca-based, Bursting Bubble) Market by Product Type (Fruit Snack, Dessert, Fruit Beverage, Bubble Tea, Other Product Types) Market by Distribution Channel (Off-trade (Supermarket & Hypermarket, Online Store, Other Off-trade Distribution Channels), on-trade) by Geography


MARKET OVERVIEW

In terms of revenue, the global bubble food & beverage market is anticipated to grow at a CAGR of 6.90% during the forecast period. The base year considered for the studied market is 2023, and the forecasting years are from 2024 to 2032.

Bubble tea, also known as boba juice, pearl milk tea, bubble milk tea, or simply boba, originated in Taiwan’s Tainan and Taichung. Most bubble beverage recipes start with a base of tea mixed with milk or fruit. Chewy tapioca balls, referred to as bubbles, pearls, or boba, are then usually added. 

Further, bubble food & beverages contain various ingredients and are available in a wide range of flavors. The most popular flavors include bubble milk tea and bubble milk green tea, both infused with tapioca-based bubbles. While emerging nations like Brazil, China, and India are quickly advancing, developed countries like the United States, Canada, and Germany have already observed high adoption rates of bubble tea.

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GROWTH ENABLERS

Key growth enablers of the global bubble food & beverage market: 

  • Growing preference by millennials & Gen-Z for healthy beverages 
    • The global bubble food & beverage market is developing due to consumers’ increasing health consciousness and preference for healthful drinks like green, black, white, and oolong teas. Additionally, the rise in young people’s consumption of flavored bubble tea is driving the expansion of the bubble beverage industry.
    • Celebrity endorsements and aggressive marketing campaigns have significantly contributed to the market’s growth. The strong desire among Millennials and Gen-Z for a variety of teas is driving market growth. Coupled with the introduction of numerous new flavors and combinations, this trend is expected to create profitable opportunities for market expansion.
    • The bubble food & beverage market is expanding due to the rising demand for bubble tea, particularly among Gen-Z and millennials. This demand is driven by a preference for healthier drinks over traditional soft drinks, as bubble tea is made with tea and milk as the main ingredients and includes options like green tea, black tea, and oolong tea, along with fruit-based jelly and boba. Furthermore, social media has significantly contributed to the global popularity of bubble beverages.
  • Globalization, diverse demographics, and cultural influences positively impact the studied market
  • Growing convenience and accessibility, a key driver in the bubble food & beverage market

GROWTH RESTRAINTS

Key growth restraining factors of the global bubble food & beverage market:

  • Competition faced from other alternative beverages challenges market growth
    • The widespread availability of substitute caffeinated beverages, such as coffee, poses a challenge to the growing demand for tea as a unique beverage. Additionally, the established coffee consumption patterns in Western countries further complicate the market expansion for tea.
    • To accommodate consumers with hectic schedules, the use of coffee as an energy enhancer has increased, and its availability as a ready-to-drink beverage has improved.
    • Moreover, a wide range of convenient coffee categories, such as cold brew, snap chilled, and fizzy canned coffee, provides an abundance of innovative options.
  • High levels of sugar and calories deter health-conscious consumers

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KEY MARKET TRENDS

Global Bubble Food & Beverage Market | Top Market Trends

  • Bubble tea shops are exploring cultural fusion by blending traditional bubble tea ingredients with flavors and elements from various cuisines and culinary traditions. This trend leads to innovative and unique flavor combinations that cater to diverse tastes and preferences.
  • There is a rising interest in bubble teas with functional ingredients that provide health benefits beyond hydration and refreshment. This trend includes incorporating elements like chia seeds, collagen, probiotics, and superfood powders, appealing to health-conscious consumers seeking functional beverages.
  • Consumers are increasingly demanding customization and personalization options in their bubble teas. To meet this demand, bubble tea shops are providing customizable choices for sweetness levels, ice levels, and toppings, enabling customers to personalize their drinks according to their preferences.

MARKET SEGMENTATION

Market Segmentation – Source, Product Type, and Distribution Channel –

Market by Source: 

  • Tapioca-Based
  • Bursting Bubble
    • Bursting boba, also known as popping boba, is a gel-like structure filled with fruit that bursts when you bite into it. Generally, popping boba ingredients consist of fruit juice, sugar, water, additional flavors, and specific additives.
    • Its composition involves a combination of gelatin, calcium chloride or lactate, and sodium alginate, which makes it less nutritious compared to boba made from tapioca.
    • The expanding range of flavors, including pomegranate, lychee, orange, mango, green apple, green tea, strawberry, honeydew melon, and others, has been further driving its consumption.

Market by Product Type: 

  • Bubble Tea
    • The bubble tea segment is expected to be the most significant contributor to the product type category throughout the projected period. 
    • Moving ahead, the trendiness, convenience, and versatility of bubble/boba tea have established it as a popular beverage choice on the street.
    • The increased demand and consumption of bubble tea can also be attributed to a growing trend toward well-brewed, health-promoting beverages. Pure blends of loose tea leaves, fruits, coffee, and innovative additives such as rose, coconut water, and taro are used in crafting this beverage.
    • Furthermore, milk tea, fresh fruit tea, black tea, milkshakes or smoothies, and salted cream are among the most popular varieties of bubble teas.
    • In response to growing customer demand, numerous cafes, eateries, and upscale tea shops have begun offering green teas such as matcha bubble tea as a refreshing alternative to sugary, milky, and caffeinated beverages. Matcha, jasmine tea, and hojicha are among the most favored types of green tea.
    • Despite the rising consumption of appetizers and desserts, boba pearls are experiencing increased demand in drinks, cocktails, juices, and mocktails.
    • Responding to consumer demand for highly customizable beverages with minimal interference, market players are introducing a range of customized drinks in diverse flavor choices. These beverages are crafted using fresh, organic ingredients to mimic the taste of boba teas, thereby driving the market’s growth.
  • Dessert
  • Fruit Snack
  • Fruit Beverage
  • Other Product Types

Market by Distribution Channel: 

  • On-Trade 
  • Off-Trade 
    • Supermarket & Hypermarket
    • Online Store
    • Other Off-Trade Distribution Channels

GEOGRAPHICAL STUDY

Geographical Study based on Four Major Regions:

  • North America: The United States and Canada
  • Europe: The United Kingdom, Germany, France, Italy, Spain, Poland, and Rest of Europe
  • Asia-Pacific: China, Japan, India, South Korea, Vietnam, Indonesia, Thailand, Australia & New Zealand, and Rest of Asia-Pacific
    • In 2023, the global bubble food & beverage market observed the largest revenue share in the Asia-Pacific. 
    • This trend can be attributed to the increasing popularity of bubble food & beverages in countries such as Australia & New Zealand, China, and Thailand.
    • Further, the bubble tea industry is booming in the Asia-Pacific, with bubble milk tea kiosks and stores commonly found in malls, corporate districts, colleges, and train stations.
    • Numerous companies now operate in the bubble food & beverage industry, primarily hailing from Taiwan, Korea, China, and Thailand. Ding Tea, Chatime, Gongcha, Tea Story, Royal Tea, Heekcaa, Toco Toco, Koi The, Meet & More, and Uncle Tea are among the well-known foreign brands in this sector.
    • Moreover, there are expectations of additional product releases in countries such as China, Thailand, and Australia, which are anticipated to bolster the growth of the bubble food & beverage industry. Additionally, the rising demand for bubble tea products in the region can be attributed to its perceived ability to alleviate stress.
  • Rest of World: Latin America, the Middle East & Africa

MAJOR PLAYERS

Major players in the global bubble food & beverage market: 

  • Del Monte Foods Inc
  • Gong Cha
  • Kung Fu Tea
  • Boba Box
  • HEYTEA

Key strategies adopted by some of these companies:

  • In February, the renowned boba tea chain Gong Cha prolonged its strategic partnership with the Europe-based franchisee Mad Vision Group to open 15 new store locations in the North African country in 2024.
  • In January, the Chinese bubble tea and beverage company, MIXUE Group discussed plans to raise nearly USD 1000 million from its forthcoming Hong Kong IPO to boost its business operations in 2024.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2024-2032
Base Year2023
Market Historical Years2018-2022
Forecast Units

Revenue ($ Million)

Segments AnalyzedSource, Product Type, and Distribution Channel
Geographies AnalyzedNorth America, Europe, Asia-Pacific, and Rest of World
Companies Analyzed

Kung Fu Tea, Gong Cha, Chatime, Sharetea, Fokus Inc, Del Monte Foods Inc, Modoo Food Ltd, Bubble Tea Club, Bubble Tea House Company, Quickly Bubble Tea, CoCo Fresh Tea & Juice, Lollicup USA Inc, Bubble Tea Supply Inc, Troika JC QBubble, Boba Box, HEYTEA

TABLE OF CONTENTS

  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. MARKET OVERVIEW
    3. SCOPE OF STUDY
    4. CRISIS SCENARIO ANALYSIS
      1. IMPACT OF COVID-19 ON THE GLOBAL BUBBLE FOOD & BEVERAGE MARKET
    5. MAJOR MARKET FINDINGS
      1. INSTAGRAMMABLE AND VISUALLY APPEALING BUBBLE FOOD & BEVERAGE IS GAINING POPULARITY
      2. TEXTURE PLAY – AN IMPORTANT ASPECT OF BUBBLE TEAS
      3. PREVALENCE OF SEASONAL FRUIT-BASED AND FRESH INGREDIENTS ON THE RISE
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. GLOBALIZATION, DIVERSE DEMOGRAPHICS, AND CULTURAL INFLUENCES POSITIVELY IMPACT THE STUDIED MARKET
      2. GROWING CONVENIENCE AND ACCESSIBILITY, A KEY DRIVER IN THE BUBBLE FOOD & BEVERAGE MARKET
      3. GROWING PREFERENCE BY MILLENNIALS & GEN-Z FOR HEALTHY BEVERAGES 
    2. KEY RESTRAINTS
      1. COMPETITION FACED FROM OTHER ALTERNATIVE BEVERAGES CHALLENGES MARKET GROWTH
      2. HIGH LEVELS OF SUGAR AND CALORIES DETER HEALTH-CONSCIOUS CONSUMERS
  4. KEY ANALYTICS
    1. KEY MARKET TRENDS
      1. NOVEL PRODUCT DEVELOPMENT THROUGH THE CULTURAL FUSION OF FLAVORS
      2. RISING USE OF FUNCTIONAL INGREDIENTS THAT OFFER HEALTH BENEFITS BEYOND HYDRATION AND REFRESHMENT
      3. GROWING LEVEL OF CUSTOMIZATION AND PERSONALIZATION IN THE BUBBLE FOOD & BEVERAGE MARKET
    2. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    3. GROWTH PROSPECT MAPPING
      1. GROWTH PROSPECT MAPPING FOR UNITED STATES
      2. GROWTH PROSPECT MAPPING FOR FRANCE
      3. GROWTH PROSPECT MAPPING FOR INDONESIA
      4. GROWTH MAPPING PROSPECT FOR UNITED ARAB EMIRATES
    4. MARKET MATURITY ANALYSIS
    5. MARKET CONCENTRATION ANALYSIS
    6. VALUE CHAIN ANALYSIS
      1. RAW MATERIAL SOURCING
      2. MANUFACTURING & PRODUCTION
      3. DISTRIBUTION & LOGISTICS
      4. RETAIL & MARKETING
      5. END-USER
  5. MARKET BY SOURCE
    1. TAPIOCA-BASED
    2. BURSTING BUBBLE
  6. MARKET BY PRODUCT TYPE
    1. FRUIT SNACK
    2. DESSERT
    3. FRUIT BEVERAGE
    4. BUBBLE TEA
    5. OTHER PRODUCT TYPES
  7. MARKET BY DISTRIBUTION CHANNEL
    1. OFF-TRADE
      1. SUPERMARKET & HYPERMARKET
      2. ONLINE STORE
      3. OTHER OFF-TRADE DISTRIBUTION CHANNELS
    2. ON-TRADE
  8. GEOGRAPHICAL ANALYSIS
    1. NORTH AMERICA
      1. MARKET SIZE & ESTIMATES
      2. NORTH AMERICA BUBBLE FOOD & BEVERAGE MARKET DRIVERS
      3. NORTH AMERICA BUBBLE FOOD & BEVERAGE MARKET CHALLENGES
      4. KEY PLAYERS IN NORTH AMERICA BUBBLE FOOD & BEVERAGE MARKET
      5. COUNTRY ANALYSIS
        1. UNITED STATES
          1. UNITED STATES BUBBLE FOOD & BEVERAGE MARKET SIZE & OPPORTUNITIES
        2. CANADA
          1. CANADA BUBBLE FOOD & BEVERAGE MARKET SIZE & OPPORTUNITIES
    2. EUROPE
      1. MARKET SIZE & ESTIMATES
      2. EUROPE BUBBLE FOOD & BEVERAGE MARKET DRIVERS
      3. EUROPE BUBBLE FOOD & BEVERAGE MARKET CHALLENGES
      4. KEY PLAYERS IN EUROPE BUBBLE FOOD & BEVERAGE MARKET
      5. COUNTRY ANALYSIS
        1. UNITED KINGDOM
          1. UNITED KINGDOM BUBBLE FOOD & BEVERAGE MARKET SIZE & OPPORTUNITIES
        2. GERMANY
          1. GERMANY BUBBLE FOOD & BEVERAGE MARKET SIZE & OPPORTUNITIES
        3. FRANCE
          1. FRANCE BUBBLE FOOD & BEVERAGE MARKET SIZE & OPPORTUNITIES
        4. ITALY
          1. ITALY BUBBLE FOOD & BEVERAGE MARKET SIZE & OPPORTUNITIES
        5. SPAIN
          1. SPAIN BUBBLE FOOD & BEVERAGE MARKET SIZE & OPPORTUNITIES
        6. POLAND
          1. POLAND BUBBLE FOOD & BEVERAGE MARKET SIZE & OPPORTUNITIES
        7. REST OF EUROPE
          1. REST OF EUROPE BUBBLE FOOD & BEVERAGE MARKET SIZE & OPPORTUNITIES
    3. ASIA-PACIFIC
      1. MARKET SIZE & ESTIMATES
      2. ASIA-PACIFIC BUBBLE FOOD & BEVERAGE MARKET DRIVERS
      3. ASIA-PACIFIC BUBBLE FOOD & BEVERAGE MARKET CHALLENGES
      4. KEY PLAYERS IN ASIA-PACIFIC BUBBLE FOOD & BEVERAGE MARKET
      5. COUNTRY ANALYSIS
        1. CHINA
          1. CHINA BUBBLE FOOD & BEVERAGE MARKET SIZE & OPPORTUNITIES
        2. JAPAN
          1. JAPAN BUBBLE FOOD & BEVERAGE MARKET SIZE & OPPORTUNITIES
        3. INDIA
          1. INDIA BUBBLE FOOD & BEVERAGE MARKET SIZE & OPPORTUNITIES
        4. SOUTH KOREA
          1. SOUTH KOREA BUBBLE FOOD & BEVERAGE MARKET SIZE & OPPORTUNITIES
        5. INDONESIA
          1. INDONESIA BUBBLE FOOD & BEVERAGE MARKET SIZE & OPPORTUNITIES
        6. THAILAND
          1. THAILAND BUBBLE FOOD & BEVERAGE MARKET SIZE & OPPORTUNITIES
        7. VIETNAM
          1. VIETNAM BUBBLE FOOD & BEVERAGE MARKET SIZE & OPPORTUNITIES
        8. INDONESIA
          1. INDONESIA BUBBLE FOOD & BEVERAGE MARKET SIZE & OPPORTUNITIES
        9. AUSTRALIA & NEW ZEALAND
          1. AUSTRALIA & NEW ZEALAND BUBBLE FOOD & BEVERAGE MARKET SIZE & OPPORTUNITIES
        10. REST OF ASIA-PACIFIC
          1. REST OF ASIA-PACIFIC BUBBLE FOOD & BEVERAGE MARKET SIZE & OPPORTUNITIES
    4. REST OF WORLD
      1. MARKET SIZE & ESTIMATES
      2. REST OF WORLD BUBBLE FOOD & BEVERAGE MARKET DRIVERS
      3. REST OF WORLD BUBBLE FOOD & BEVERAGE MARKET CHALLENGES
      4. KEY PLAYERS IN REST OF WORLD BUBBLE FOOD & BEVERAGE MARKET
      5. REGIONAL ANALYSIS
        1. LATIN AMERICA
          1. LATIN AMERICA BUBBLE FOOD & BEVERAGE MARKET SIZE & OPPORTUNITIES
        2. MIDDLE EAST & AFRICA
          1. MIDDLE EAST & AFRICA BUBBLE FOOD & BEVERAGE MARKET SIZE & OPPORTUNITIES
  9. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. MERGERS & ACQUISITIONS
      2. PRODUCT LAUNCHES & DEVELOPMENTS
      3. PARTNERSHIPS & AGREEMENTS
    2. COMPANY PROFILES
      1. DEL MONTE FOODS INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      2. MODOO FOOD LTD
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      3. BUBBLE TEA CLUB
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      4. BUBBLE TEA HOUSE COMPANY
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      5. FOKUS INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      6. GONG CHA
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      7. LOLLICUP USA INC
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
      8. BUBBLE TEA SUPPLY INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      9. KUNG FU TEA
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      10. HEYTEA
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      11. TROIKA JC QBUBBLE
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
      12. BOBA BOX
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      13. CHATIME
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      14. QUICKLY BUBBLE TEA 
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      15. SHARETEA
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      16. COCO FRESH TEA & JUICE
        1. COMPANY OVERVIEW
        2. PRODUCT LIST

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – BUBBLE FOOD & BEVERAGE

TABLE 2: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, BY SOURCE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 3: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, BY SOURCE, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 4: GLOBAL TAPIOCA-BASED MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 5: GLOBAL TAPIOCA-BASED MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 6: GLOBAL BURSTING BUBBLE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 7: GLOBAL BURSTING BUBBLE MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 8: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 9: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 10: GLOBAL FRUIT SNACK MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 11: GLOBAL FRUIT SNACK MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 12: GLOBAL DESSERT MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 13: GLOBAL DESSERT MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 14: GLOBAL FRUIT BEVERAGE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 15: GLOBAL FRUIT BEVERAGE MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 16: GLOBAL BUBBLE TEA MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 17: GLOBAL BUBBLE TEA MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 18: GLOBAL OTHER PRODUCT TYPES MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 19: GLOBAL OTHER PRODUCT TYPES MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 20: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, BY DISTRIBUTION CHANNEL, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 21: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, BY DISTRIBUTION CHANNEL, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 22: GLOBAL OFF-TRADE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 23: GLOBAL OFF-TRADE MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 24: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, BY OFF-TRADE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 25: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, BY OFF-TRADE, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 26: GLOBAL SUPERMARKET & HYPERMARKET MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 27: GLOBAL SUPERMARKET & HYPERMARKET MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 28: GLOBAL ONLINE STORE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 29: GLOBAL ONLINE STORE MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 30: GLOBAL OTHER OFF-TRADE DISTRIBUTION CHANNELS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 31: GLOBAL OTHER OFF-TRADE DISTRIBUTION CHANNELS MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 32: GLOBAL ON-TRADE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 33: GLOBAL ON-TRADE MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 34: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 35: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, BY GEOGRAPHY, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 36: NORTH AMERICA BUBBLE FOOD & BEVERAGE MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 37: NORTH AMERICA BUBBLE FOOD & BEVERAGE MARKET, BY COUNTRY, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 38: KEY PLAYERS OPERATING IN NORTH AMERICA BUBBLE FOOD & BEVERAGE MARKET

TABLE 39: EUROPE BUBBLE FOOD & BEVERAGE MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 40: EUROPE BUBBLE FOOD & BEVERAGE MARKET, BY COUNTRY, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 41: KEY PLAYERS OPERATING IN EUROPE BUBBLE FOOD & BEVERAGE MARKET

TABLE 42: ASIA-PACIFIC BUBBLE FOOD & BEVERAGE MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 43: ASIA-PACIFIC BUBBLE FOOD & BEVERAGE MARKET, BY COUNTRY, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 44: KEY PLAYERS OPERATING IN ASIA-PACIFIC BUBBLE FOOD & BEVERAGE MARKET

TABLE 45: REST OF WORLD BUBBLE FOOD & BEVERAGE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 46: REST OF WORLD BUBBLE FOOD & BEVERAGE MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 47: KEY PLAYERS OPERATING IN REST OF WORLD BUBBLE FOOD & BEVERAGE MARKET

TABLE 48: LIST OF MERGERS & ACQUISITIONS

TABLE 49: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 50: LIST OF PARTNERSHIPS & AGREEMENTS

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: GROWTH PROSPECT MAPPING FOR UNITED STATES

FIGURE 4: GROWTH PROSPECT MAPPING FOR FRANCE

FIGURE 5: GROWTH PROSPECT MAPPING FOR INDONESIA

FIGURE 6: GROWTH PROSPECT MAPPING FOR UNITED ARAB EMIRATES

FIGURE 7: MARKET MATURITY ANALYSIS

FIGURE 8: MARKET CONCENTRATION ANALYSIS

FIGURE 9: VALUE CHAIN ANALYSIS

FIGURE 10: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, GROWTH POTENTIAL, BY SOURCE, IN 2023

FIGURE 11: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, BY TAPIOCA-BASED, 2024-2032 (IN $ MILLION)

FIGURE 12: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, BY BURSTING BUBBLE, 2024-2032 (IN $ MILLION)

FIGURE 13: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2023

FIGURE 14: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, BY FRUIT SNACK, 2024-2032 (IN $ MILLION)

FIGURE 15: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, BY DESSERT, 2024-2032 (IN $ MILLION)

FIGURE 16: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, BY FRUIT BEVERAGE, 2024-2032 (IN $ MILLION)

FIGURE 17: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, BY BUBBLE TEA, 2024-2032 (IN $ MILLION)

FIGURE 18: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, BY OTHER PRODUCT TYPES, 2024-2032 (IN $ MILLION)

FIGURE 19: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, GROWTH POTENTIAL, BY DISTRIBUTION CHANNEL, IN 2023

FIGURE 20: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, BY OFF-TRADE, 2024-2032 (IN $ MILLION)

FIGURE 21: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, GROWTH POTENTIAL, BY OFF-TRADE, IN 2023

FIGURE 22: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, BY SUPERMARKET & HYPERMARKET, 2024-2032 (IN $ MILLION)

FIGURE 23: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, BY ONLINE STORE, 2024-2032 (IN $ MILLION)

FIGURE 24: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, BY OTHER OFF-TRADE DISTRIBUTION CHANNELS, 2024-2032 (IN $ MILLION)

FIGURE 25: GLOBAL BUBBLE FOOD & BEVERAGE MARKET, BY ON-TRADE, 2024-2032 (IN $ MILLION)

FIGURE 26: NORTH AMERICA BUBBLE FOOD & BEVERAGE MARKET, COUNTRY OUTLOOK, 2023 & 2032 (IN %)

FIGURE 27: UNITED STATES BUBBLE FOOD & BEVERAGE MARKET, 2024-2032 (IN $ MILLION)

FIGURE 28: CANADA BUBBLE FOOD & BEVERAGE MARKET, 2024-2032 (IN $ MILLION)

FIGURE 29: EUROPE BUBBLE FOOD & BEVERAGE MARKET, COUNTRY OUTLOOK, 2023 & 2032 (IN %)

FIGURE 30: UNITED KINGDOM BUBBLE FOOD & BEVERAGE MARKET, 2024-2032 (IN $ MILLION)

FIGURE 31: GERMANY BUBBLE FOOD & BEVERAGE MARKET, 2024-2032 (IN $ MILLION)

FIGURE 32: FRANCE BUBBLE FOOD & BEVERAGE MARKET, 2024-2032 (IN $ MILLION)

FIGURE 33: ITALY BUBBLE FOOD & BEVERAGE MARKET, 2024-2032 (IN $ MILLION)

FIGURE 34: SPAIN BUBBLE FOOD & BEVERAGE MARKET, 2024-2032 (IN $ MILLION)

FIGURE 35: POLAND BUBBLE FOOD & BEVERAGE MARKET, 2024-2032 (IN $ MILLION)

FIGURE 36: REST OF EUROPE BUBBLE FOOD & BEVERAGE MARKET, 2024-2032 (IN $ MILLION)

FIGURE 37: ASIA-PACIFIC BUBBLE FOOD & BEVERAGE MARKET, COUNTRY OUTLOOK, 2023 & 2032 (IN%)

FIGURE 38: CHINA BUBBLE FOOD & BEVERAGE MARKET, 2024-2032 (IN $ MILLION)

FIGURE 39: JAPAN BUBBLE FOOD & BEVERAGE MARKET, 2024-2032 (IN $ MILLION)

FIGURE 40: INDIA BUBBLE FOOD & BEVERAGE MARKET, 2024-2032 (IN $ MILLION)

FIGURE 41: SOUTH KOREA BUBBLE FOOD & BEVERAGE MARKET, 2024-2032 (IN $ MILLION)

FIGURE 42: INDONESIA BUBBLE FOOD & BEVERAGE MARKET, 2024-2032 (IN $ MILLION)

FIGURE 43: THAILAND BUBBLE FOOD & BEVERAGE MARKET, 2024-2032 (IN $ MILLION)

FIGURE 44: VIETNAM BUBBLE FOOD & BEVERAGE MARKET, 2024-2032 (IN $ MILLION)

FIGURE 45: AUSTRALIA & NEW ZEALAND BUBBLE FOOD & BEVERAGE MARKET, 2024-2032 (IN $ MILLION)

FIGURE 46: REST OF ASIA-PACIFIC BUBBLE FOOD & BEVERAGE MARKET, 2024-2032 (IN $ MILLION)

FIGURE 47: REST OF WORLD BUBBLE FOOD & BEVERAGE MARKET, REGIONAL OUTLOOK, 2023 & 2032 (IN %)

FIGURE 48: LATIN AMERICA BUBBLE FOOD & BEVERAGE MARKET, 2024-2032 (IN $ MILLION)

FIGURE 49: MIDDLE EAST & AFRICA BUBBLE FOOD & BEVERAGE MARKET, 2024-2032 (IN $ MILLION)

FAQ’s

FAQs

The Asia-Pacific is expected to experience potential growth in the global bubble food & beverage market during the forecast period, attributed to the presence of a diverse range of bubble food & beverage providers.

The global bubble food & beverage market is expected to record a CAGR of 6.90% during the forecast period.