Market revenue in 2021 | USD 808.6 million |
Market revenue in 2030 | USD 1,662.5 million |
Growth rate | 8.3% (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 |
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 |
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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 Europe 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.
Growing health consciousness among consumers will bolster the demand for snacks made from tapioca, which is considered healthy as it is gluten-free. According to an article published by Renolon in January 2022.
Health-conscious customers account for 25-30% of all grocery customers in Europe and the U.S. Hence, these consumers will opt for eatables with health-benefiting properties such as Tapioca-based bubble food, which will boost the sales of these products.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe bubble food & beverages market , including forecasts for subscribers. This continent databook contains high-level insights into Europe bubble food & beverages market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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