Bubble Food and Beverages Market

Bubble tea (also known as pearl milk tea, bubble milk tea, boba juice, boba tea, or simply boba) is a China Taiwanese tea-based drink invented in Tainan and Taichung in the 1980s. Most bubble tea recipes contain a tea base mixed with fruit or milk, to which chewy tapioca balls (known as bubbles, pearls, or boba) and fruit jelly are often added. Ice-blended versions are usually mixed with fruit or syrup, resulting in a slushy consistency. There are many varieties of the drink with a wide range of ingredients. The two most popular varieties are bubble milk tea with tapioca and bubble milk green tea with tapioca. The increasing consumption of convenient boba-based snacks and drinks is driving the market growth.
Bubble Food and Beverages Market contains market size and forecasts of Bubble Food and Beverages in Global, including the following market information:
Global Bubble Food and Beverages Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Bubble Food and Beverages market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Fruit Snacks Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Bubble Food and Beverages include Kung Fu Tea, Gong Cha, Boba Guys, Chatime, ShareTea, Fokus Inc., Del Monte Foods Inc., Modoo Food Ltd. and Bubble Tea Club, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Bubble Food and Beverages companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bubble Food and Beverages Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Bubble Food and Beverages Market Segment Percentages, by Type, 2021 (%)
Fruit Snacks
Desserts
Fruits Beverages
Bubble Tea
Others
Global Bubble Food and Beverages Market, by Channel, 2017-2022, 2023-2028 ($ millions)
Global Bubble Food and Beverages Market Segment Percentages, by Channel, 2021 (%)
Off-trade
On-trade
Global Bubble Food and Beverages Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Bubble Food and Beverages Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bubble Food and Beverages revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Bubble Food and Beverages revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Kung Fu Tea
Gong Cha
Boba Guys
Chatime
ShareTea
Fokus Inc.
Del Monte Foods Inc.
Modoo Food Ltd.
Bubble Tea Club
Bubble Tea House Company
8tea5
Quickly
CoCo Fresh
ViVi Bubble Tea
Lollicup USA, Inc.
Bubble Tea Supply Inc.
Ten Ren?s Tea Time
Troika JC
Boba Box