Europe Bubble Food & Beverages Market Size & Outlook
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Europe bubble food & beverages market highlights
- The Europe bubble food & beverages market generated a revenue of USD 808.6 million in 2021.
- The market is expected to grow at a CAGR of 8.3% 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.
- Country-wise, UK is expected to register the highest CAGR from 2022 to 2030.
Europe data book summary
| 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 |
Other key industry trends
- In terms of revenue, Europe region accounted for 20.0% of the global bubble food & beverages market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 2,514.3 million by 2030.
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Bubble Food & Beverages Market Scope
Bubble Food & Beverages Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Boba Tea & Treats | View profile | 11-50 | Addison, Texas, United States, North America | http://www.bobateatreats.com/ |
| Ten Ren Tea | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | http://www.tenren.com.tw/ |
| Bubble Tea Supply | View profile | - | Honolulu, Hawaii, United States, North America | https://www.bubbleteasupply.com |
| Lollicup USA, Inc. | View profile | 101-250 | Chino, California, United States, North America | http://lollicupusa.com |
| Chatime | View profile | 10001+ | North York, Ontario, Canada, North America | http://chatime.com/ |
| Gong Cha | View profile | 101-250 | Jericho, New York, United States, North America | https://gongchausa.com |
| Focus Features | View profile | 51-100 | Universal City, California, United States, North America | http://www.focusfeatures.com/ |
| Bubble Tea Club | View profile | 11-50 | Melbourne, Victoria, Australia, Oceania | https://bubbleteaclub.com.au/ |
| Fresh Del Monte Produce Inc | View profile | 38887 | c/o H&C Corporate Services Ltd, 87 Mary Street, 4th Floor, Apollo House, P.O. Box 698, George Town, Grand Cayman, Cayman Islands, KY1-1107 | https://www.freshdelmonte.com |
Europe 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 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.
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Target buyers of Europe 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 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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Europe bubble food & beverages market size, by country, 2018-2030 (US$M)
Europe Bubble Food & Beverages Market Outlook Share, 2021 & 2030 (US$M)
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