Market revenue in 2021 | USD 313.7 million |
Market revenue in 2030 | USD 794.4 million |
Growth rate | 10.9% (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 |
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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 52.88% in 2021. Horizon Databook has segmented the Japan 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.
The increasing popularity of bubble foods and beverages among consumers in Japan has supported the growth of the market. The expansion of leading bubble product brands and the foray of new players into this segment are also benefiting the market.
For instance, in August 2019, beauty brand Botanist expanded its product portfolio to the bubble tea segment with its offering of blue-hued boba tea made with peabased milk at its in-store cafe in the Harajuku district of Tokyo.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan bubble food & beverages market , including forecasts for subscribers. This country databook contains high-level insights into Japan bubble food & beverages market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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