Press release
Bubble Food & Beverages Market To Show Strong Growth & Demand | Del Monte Foods Inc., Modoo Food Ltd., Bubble Tea Club
Global Bubble Food & Beverages Market Size study, by Product (Fruit Snacks, Desserts, Fruits Beverages, Bubble Tea, Others), by Source (Tapioca-based, Bursting Bubble), by Distribution Channel (Off-trade, On-trade) and Regional Forecasts 2022-2028 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider Bubble Food & Beverages market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Bubble Food & Beverages market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). - In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by RegionDownload Free Sample Copy of 'Bubble Food & Beverages market' Report @
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Global Bubble Food & Beverages Market is valued approximately USD 4.05 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 9.2 % over the forecast period 2022-2028. The rising popularity of boba-based snacks and drinks is propelling the sector forward.. Furthermore, the growing preference for healthy beverages over carbonated beverages has increased demand for bubble tea. It is produced by combining tea (green tea, black tea, oolong tea, and so on) with milk as a foundation, as well as boba (chewy balls) and fruit jelly. Furthermore, social media has played a significant part in the global popularity of bubble tea. Southeast Asia has a high demand for boba, which increased bubble tea orders on GrabFood by a whopping 3,000 percent in 2018. According to a blog published on the Grab in May 2019, due to increased customer demand, GrabFood reached approximately 4,000 bubble tea shops, representing a 200 percent increase in outlets for the region. Increasing R&D spending, along with increased consumer awareness of the advantages of goods incorporating organic, vegan, and natural tapioca pearls, have pushed producers to offer new products. Botanist, for example, expanded its product selection to the bubble tea market in August 2019 by delivering blue-hued boba tea produced with pea-based milk at its in-store cafe in Tokyo's Harajuku neighborhood. Furthermore, Del Monte Foods, Inc. introduced Joyba Bubble Tea in a variety of varieties in October 2021, including strawberry lemonade green tea, raspberry dragon fruit black tea, mango passionfruit green tea, and cherry hibiscus tea. However, the availability of raw materials hampers market expansion over the projection period of 2022-2028.
The key regions considered for the Global Bubble Food & Beverages Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific emerged as the market leader. This is due to growing consumer knowledge of bubble foods and beverages in countries such as China, Thailand, Australia, and New Zealand. In addition, a rising number of product releases in major regions such as China, Thailand, and Australia are expected to promote segment development. North America is predicted to be the second-largest regional market, with a considerable CAGR between 2022 and 2030. Consumers in nations such as the United States and Canada are ready to pay a premium for healthy meals and beverages, which is increasing demand for bubble food and beverages. Furthermore, the increasing number of product releases by significant businesses in the region will contribute to overall growth.
Major market players included in this report are:
• Del Monte Foods Inc.
• Modoo Food Ltd.
• Bubble Tea Club
• Bubble Tea House Company
• Fokus Inc.
• Gong Cha
• Chatime
• Lollicup USA, Inc.
• Bubble Tea Supply Inc.
• Ten Ren's Tea Time
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
• Fruit Snacks
• Desserts
• Fruits Beverages
• Bubble Tea
• Others
By Source:
• Tapioca-based
• Bursting Bubble
By Distribution Channel:
• Off-trade
• On-trade
Our market research provides vital intelligence on market size, business trends, industry structure, market share, and market forecasts that are essential to developing business plans and strategy.
A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.
Study Explore :
• Market Behavior/ Level of Risk and Opportunity
• End Industry Behavior/ Opportunity Assessment
• Expected Industry Recovery Timeline
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Each study, more than 100+ pages, is packed with tables, charts and insightful narrative including coverage on: Report Ocean provides complete tailor-made market reports that deliver vital market information on industry. Our market reports include: Market Sizing and Structuring, Micro and macro analysis, Regional dynamics and Operational landscape, Demographic profiling and Addressable market, Legal Set-up and Regulatory frameworks, Profitability and Cost analysis, Segmentation analysis of Market, Existing marketing strategies in the market, Best practice, GAP analysis, Competitive landscape, Leading market players, Benchmarking, Future market trends and opportunities - Scenario modeling
Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter's Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Our team will be able to provide clear answers, identify key opportunities, new investments, and recommend high quality strategy routes in the market. These answers will include a holistic analysis of the: Existing market infrastructures, Market challenges and opportunities, Potential for growth in certain industries in the coming years, End-consumer target groups and their potential volumes of operation, Best regions and segments to target , Pros and cons of various promotion models, Touch points and an opportunity breakdown within the value chain, Market size and growth rate during forecast period., Key factors driving the Market., Key market trends cracking up the growth of the Market., Challenges to market growth., Key vendors of Market., Detailed SWOT analysis., Opportunities and threats faces by the existing vendors in Global Market., Trending factors influencing the market in the geographical regions., Strategic initiatives focusing the leading vendors., PEST analysis of the market in the five major regions.
Here, the report provides information related to import and export, production, revenue, and key players of all regional markets studied. It includes key manufacturers covered, key market segments, the scope of products offered in the global market, years considered, and study objectives. Additionally, it touches the segmentation study provided in the report on the basis of the type of product and application. It gives a summary of key studies, market growth rate, competitive landscape, market drivers, trends, and issues, and macroscopic indicators. Each player profiled in this section is studied on the basis of SWOT analysis, their products, production, value, capacity, and other vital factors.
The market factors described in this report are:
Key Strategic Developments in the Market:
The research includes the key strategic developments of the market, comprising R&D, M&A, agreements, new product launch, collaborations, partnerships, joint ventures, and regional growth of the key competitors functioning in the market on a global and regional scale.
Key Market Features in Global Market:
The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition to that, the study provides a comprehensive analysis of the key market factors and their latest trends, along with relevant market segments and sub-segments.
Analytical Market Highlights & Approach
The report provides the rigorously studied and evaluated data of the top industry players and their scope in the market by means of several analytical tools. The analytical tools such as Porters five forces analysis, feasibility study, SWOT analysis, and ROI analysis have been practiced reviewing the growth of the key players operating in the market.
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Key Points Covered in Bubble Food & Beverages Market Report:
Global Bubble Food & Beverages Market Research Report
Section 1: Global Bubble Food & Beverages Industry Overview
Section 2: Global Economic Impact on Bubble Food & Beverages Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Bubble Food & Beverages Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Bubble Food & Beverages Market Forecast
……..and view more in complete table of Contents
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