Bubble Food and Beverages market Trends Segment Analysis and Future Scope

1. Bubble Food and Beverages Market Will Touch USD 8,096.2 Million by 2030 1 © Prescient & Strategic Intelligence Private Limited. All rights reserved

2. The bubble food and beverages market will touch USD 8,096.2 million, advancing at a 10.3% compound annual growth rate, by 2030. The advancement in the industry is primarily attributed to the surging requirement from Generation Z and millennials for boba-based drinks and snacks, for example, bubble tea, as they are considered healthy. Download sample pages of this report: analysis/bubble-food-beverages-market-report/report-sample The bubble tea category, based on product, accounted for the largest share, and it will remain the largest, propelling with a rate of 10.5%, in the years to come. Bubble tea is observing significant growth in popularity particularly among millennials, as it provides a healthful and pleasant choice of beverage, with providers regularly fusing consumers shifting preferences of beverage, to cater better to their increasing concerns for wellness. Moreover, the growing number of product releases in Thailand, Australia, and China will further boost the progression of this category. The desserts category accounted for the second-largest share. Generation Z and millennials favor experimenting with their choices of food, to stay healthy. Numerous manufacturers add various flavors to make desserts more tempting, for instance, mangoes, strawberries, green tea, pomegranates, oranges, and honey melons. Based on source, the tapioca-based category accounted for the largest bubble food and beverages market share. This is primarily attributed to the health advantages they provide. Tapioca is a starch produced from the cassava root that contains pure carbohydrates, fibers, proteins, and various other nutrients. Moreover, products made from tapioca are very popular among the youth because of their tempting flavors and tastes. Therefore, tapioca is increasingly becoming a popular ingredient in desserts, puddings, bubble tea, or snacks. https://www.psmarketresearch.com/market- 2 © Prescient & Strategic Intelligence Private Limited. All rights reserved

3. In recent years, APAC accounted for the largest share of the industry. This is mainly because of the existence of numerous product manufacturers in India, China, and Thailand. There is a mounting requirement from Generation Z and millennials for flavorful and healthy beverages and snacks. Furthermore, various food service outlets are adding beverages infused with boba pearl in unsweetened fruit and real fresh fruit flavors to their menu, which is further boosting the popularity of these products. Browse the full report at: https://www.psmarketresearch.com/market-analysis/bubble-food- beverages-market-report The North American bubble food and beverages industry is likely to observe the fastest growth, with a CAGR of 10.8%, in the years to come. To meet the surging requirement for such eatables, numerous restaurants are opening, particularly for bubble tea lovers. Moreover, because of the fast-paced lifestyle of the young generation, they favor beverages that are better than carbonated drinks and suitable to carry. It is because of the surging focus on health and openness to experimenting of the consumers, along with the mounting need from Generation Z and Millennials, the bubble food and beverages industry will continue to grow significantly in the years to come. The research offers market size of the Bubble Food and Beverages market for the period 2017–2030. Market Segmentation by Product Type •Coffee •Tea •Soft Drink •Others Market Segmentation by Distribution Channel •Supermarkets/Hypermarkets •Convenience Stores •Speciality Stores •Online Stores Market Segmentation by Region 3 © Prescient & Strategic Intelligence Private Limited. All rights reserved

4. •North America nitro-infusion beverage market oBy Product type/li> oBy Distribution Channel oBy country – U.S. and Canada •Europe nitro-infusion beverage market oBy Product type oBy Distribution Channel oBy country – U.K., Germany, France, Spain, Italy, and Rest of Europe •Asia-Pacific (APAC) nitro-infusion beverage market oBy Product type oBy Distribution Channel oBy country – China, India, Japan and Rest of APAC •Latin America (LATAM) nitro-infusion beverage market oBy Product type oBy Distribution Channel oBy country – Brazil, Mexico, and Rest of LATAM •Middle East and Africa (MEA) nitro-infusion beverage market oBy Product type oBy Distribution Channel oBy country – Saudi Arabia, South Africa, and Rest of MEA Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a 4 © Prescient & Strategic Intelligence Private Limited. All rights reserved

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