Global Bubble Food & Beverages Market Size & Outlook
Global bubble food & beverages market, 2018-2030 (US$M)
Related Markets
Global bubble food & beverages market highlights
- The global bubble food & beverages market generated a revenue of USD 4,051.7 million in 2021 and is expected to reach USD 8,938.3 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 9.2% by 2030.
- In terms of segment, bubble tea accounted for a revenue of USD 2,143.1 million in 2021.
- Bubble Tea is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2021.
- Country-wise, Germany is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 4,051.7 million |
| Market revenue in 2030 | USD 8,938.3 million |
| Growth rate | 9.2% (CAGR from 2021 to 2030) |
| Largest segment | Bubble tea |
| Fastest growing segment | Bubble Tea |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fruit Snacks, Desserts, Fruit Beverages, Bubble Tea |
Other key industry trends
- In terms of revenue, the North America accounted for 26.6% of the global bubble food & beverages market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 524.1 million by 2030.
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Bubble Food & Beverages Market Scope
Bubble Food & Beverages Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global bubble food & beverages market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bubble food & beverages market will help companies and investors design strategic landscapes.
Bubble tea was the largest segment with a revenue share of 52.89% in 2021. Horizon Databook has segmented the Global bubble food & beverages market based on fruit snacks, desserts, fruit beverages, bubble tea covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Bubble Food & Beverages Product Outlook (Revenue, USD Million, 2018-2030)
- Fruit Snacks
- Desserts
- Fruit Beverages
- Bubble Tea
- Others
- Global Bubble Food & Beverages Source Outlook (Revenue, USD Million, 2018-2030)
- Tapioca-based
- Bursting Bubbles
- Global Bubble Food & Beverages Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Off-trade
- Hypermarkets & Supermarkets
- Online
- Others
- On-trade
- Off-trade
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Target buyers of Global bubble food & beverages market databook
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Our clientele includes a mix of bubble food & beverages market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global bubble food & beverages market , including forecasts for subscribers. This global databook contains high-level insights into Global bubble food & beverages market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global bubble food & beverages market size, by regions, 2018-2030 (US$M)
Top 10 countries: Bubble food & beverages market size, 2021 (US$M)
Global bubble food & beverages market share, by product, 2021 & 2030 (%, US$M)
Bubble food & beverages market: Opportunity assessment by country
Global bubble food & beverages market, by region, 2021 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 968.3 | 1,046.9 | 993.9 | 1,077.8 | 1,176.0 | 1,284.8 | 1,405.3 | 1,539.5 | 1,689.9 | 1,858.8 | 2,048.8 | 2,263.3 | 2,514.3 | 9.9% |
| Europe | 746.7 | 799.7 | 752.5 | 808.6 | 869.9 | 937.3 | 1,011.2 | 1,092.4 | 1,182.5 | 1,282.7 | 1,394.4 | 1,519.1 | 1,662.5 | 8.3% |
| Asia Pacific | 1,315.3 | 1,423.4 | 1,353.3 | 1,469.2 | 1,597.5 | 1,739.7 | 1,897.1 | 2,071.3 | 2,266.3 | 2,484.7 | 2,730.1 | 3,005.9 | 3,324.2 | 9.5% |
| Latin America | 404.5 | 436.2 | 413.3 | 447.2 | 483.2 | 523.0 | 566.7 | 614.8 | 668.5 | 728.3 | 795.2 | 870.1 | 956.4 | 8.8% |
| MEA | 245.8 | 257.7 | 237.1 | 248.9 | 267.0 | 286.1 | 307.1 | 329.9 | 354.9 | 382.1 | 412.2 | 445.1 | 480.9 | 7.6% |
| Overall | 3,680.6 | 3,963.9 | 3,750.1 | 4,051.7 | 4,393.6 | 4,770.9 | 5,187.4 | 5,647.9 | 6,162.1 | 6,736.6 | 7,380.7 | 8,103.5 | 8,938.3 | 9.2% |
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