Bubble Food and Beverages market Growth, Development and Demand Forecast Report 2030 The bubble food and beverages industry garners $3,356.2 million revenue in 2021, and it is projected to generate $8,096.2 million revenue in 2030, rising at a rate of 10.3% from 2021 to 2030. It is attributed to the fuelling demand for boba-based drinks and snacks, including bubble tea among millennials and Generation Z. APAC is a significant contributor to the industry, led by massive consumption of such products, due to the penetration of bubble food and beverages manufacturing companies in Thailand, India, Japan, China, New Zealand, and Australia. Under the product category, bubble tea holds a significant share of the industry, and it is projected to retain the same position in the coming future, rising at a rate of 10.5%. Bubble tea witnessed massive popularity, as it is considered good for health, and providers fuse the shifting preference of customers to better deliver increasing wellness concerns. Get More Insights: https://www.psmarketresearch.com/market-analysis/bubble-food-beverages-market-report North America is projected to experience rapid growth in the industry, accounting for 10.8% in the forecast period. Numerous restaurants are opening due to the growing demand for such eatables, more specifically bubble tea. Therefore, the demand for bubble food and beverages is led by their high popularity among millennials and Generation Z.
Bubble Food and Beverages market Growth, Development and Demand Forecast Report 2030 The bubble food and beverages industry garners $3,356.2 million revenue in 2021, and it is projected to generate $8,096.2 million revenue in 2030, rising at a rate of 10.3% from 2021 to 2030. It is attributed to the fuelling demand for boba-based drinks and snacks, including bubble tea among millennials and Generation Z. APAC is a significant contributor to the industry, led by massive consumption of such products, due to the penetration of bubble food and beverages manufacturing companies in Thailand, India, Japan, China, New Zealand, and Australia. Under the product category, bubble tea holds a significant share of the industry, and it is projected to retain the same position in the coming future, rising at a rate of 10.5%. Bubble tea witnessed massive popularity, as it is considered good for health, and providers fuse the shifting preference of customers to better deliver increasing wellness concerns. Get More Insights: https://www.psmarketresearch.com/market-analysis/bubble-food-beverages-market-report North America is projected to experience rapid growth in the industry, accounting for 10.8% in the forecast period. Numerous restaurants are opening due to the growing demand for such eatables, more specifically bubble tea. Therefore, the demand for bubble food and beverages is led by their high popularity among millennials and Generation Z.
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Bubble Food and Beverages Market Forecast Report, 2022-2030
The global bubble food and beverages market size was $3,356.2 million in 2021, and it will grow at a CAGR of 10.3% during 2021–2030.
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