China Bubble Food & Beverages Market Size & Outlook
China bubble food & beverages market, 2018-2030 (US$M)
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China bubble food & beverages market highlights
- The China bubble food & beverages market generated a revenue of USD 413.9 million in 2021 and is expected to reach USD 927.1 million by 2030.
- The China market is expected to grow at a CAGR of 9.4% from 2022 to 2030.
- In terms of segment, bubble tea was the largest revenue generating product in 2021.
- Bubble Tea is the most lucrative product segment registering the fastest growth during the forecast period.
Bubble food & beverages market data book summary
| Market revenue in 2021 | USD 413.9 million |
| Market revenue in 2030 | USD 927.1 million |
| Growth rate | 9.4% (CAGR from 2021 to 2030) |
| Largest segment | Bubble tea |
| Fastest growing segment | Bubble Tea |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fruit Snacks, Desserts, Fruit Beverages, Bubble Tea |
| Key market players worldwide | Fresh Del Monte Produce Inc, Bubble Tea Club, Focus Features, Gong Cha, Chatime, Lollicup USA, Inc., Bubble Tea Supply, Ten Ren Tea, Boba Tea & Treats |
Other key industry trends
- In terms of revenue, China accounted for 10.2% of the global bubble food & beverages market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China bubble food & beverages market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 794.4 million by 2030.
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Bubble Food & Beverages Market Scope
Bubble Food & Beverages Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 China 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.
China is considered to be the second-biggest market for bubble food and beverages as many key manufacturers of bubble foods are based out of China. Players in this regional market have been expanding their product portfolios to gain consumer traction.
For instance, in May 2019, Shanghai-based milk candy brand-White Rabbit launched its first bubble tea pop-up store at LU-ONE Mall in Shanghai. The store sold approximately 1,000 bubble tea drinks in one day.
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Target buyers of China 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 country-level data and insights on the China bubble food & beverages market , including forecasts for subscribers. This country databook contains high-level insights into China bubble food & beverages market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China bubble food & beverages market size, by product, 2018-2030 (US$M)
China Bubble Food & Beverages Market Outlook Share, 2021 & 2030 (US$M)
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