Press release
Rising Demand for Bubble Food and Beverages Among Millennials Propel Industry
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.
Request for sample pages of this report: https://www.psmarketresearch.com/market-analysis/bubble-food-beverages-market-report/report-sample
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.
In addition, bubble tea is predicted to fuel product releases number in important countries, such as Thailand, China, and Australia.
Moreover, the rising focus of consumers on health and wellness during COVID-19 has significantly modified lifestyle choices for improved health in the long run.
The availability of a wide variety of bubble food flavors fuels their adoption among people. For example, Bubble Health Food Paradise provides numerous options for bubble tea, enriched in vitamins and energy. Companies are offering products with no refined or canned sugar, artificial dyes, preservatives, fillers, or gums in their products, which fuels the bubbling food and beverages industry revenue.
The next-significant category in the industry is desserts. Millennials and Generation Z like to experiment with their food preferences to stay healthy. Several manufacturing companies add a variety of flavors to desserts, including mangoes, strawberries, honey melons, green tea, oranges, and pomegranates.
Numerous companies offer dairy-free, gluten-free, lactose-free, and vegan popping boba in various flavors, in both alcoholic and non-alcoholic beverages. The major ingredients added to them include fructose, water, starch, cherry-flavored syrup, calcium lactate, seaweed extract, potassium sorbate, and malic acid.
The bubble food products are provided to customers in a variety of distribution channels, such as merchants, supermarkets & hypermarkets, e-commerce, and convenience stores. The easy accessibility of bubble food and beverages is the major driver of the industry.
The third-significant shareholder of the industry is fruit snacks. These are highly popular among children, more specifically they prefer jellies more than real fruits. Del Monte Foods offers real fruits in jelly form with no contents of sweeteners or artificial flavors, making it a healthy snacking option for children.
Tapioca-based food and beverages capture the largest industry share, led by their benefits. It is a starch obtained from the cassava root, enriched with pure carbohydrates, proteins, fibers, and other nutrients.
Browse full report at: https://www.psmarketresearch.com/market-analysis/bubble-food-beverages-market-report
Tapioca-based food products garner high popularity among the youth, led by the mouth-watering tastes and flavors. Therefore, tapioca holds massive popularity as an ingredient in desserts, snacks, puddings, or bubble tea.
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.
Contact:
P&S Intelligence
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Follow Us: https://www.linkedin.com/company/pnsintelligence/
P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.
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.
Request for sample pages of this report: https://www.psmarketresearch.com/market-analysis/bubble-food-beverages-market-report/report-sample
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.
In addition, bubble tea is predicted to fuel product releases number in important countries, such as Thailand, China, and Australia.
Moreover, the rising focus of consumers on health and wellness during COVID-19 has significantly modified lifestyle choices for improved health in the long run.
The availability of a wide variety of bubble food flavors fuels their adoption among people. For example, Bubble Health Food Paradise provides numerous options for bubble tea, enriched in vitamins and energy. Companies are offering products with no refined or canned sugar, artificial dyes, preservatives, fillers, or gums in their products, which fuels the bubbling food and beverages industry revenue.
The next-significant category in the industry is desserts. Millennials and Generation Z like to experiment with their food preferences to stay healthy. Several manufacturing companies add a variety of flavors to desserts, including mangoes, strawberries, honey melons, green tea, oranges, and pomegranates.
Numerous companies offer dairy-free, gluten-free, lactose-free, and vegan popping boba in various flavors, in both alcoholic and non-alcoholic beverages. The major ingredients added to them include fructose, water, starch, cherry-flavored syrup, calcium lactate, seaweed extract, potassium sorbate, and malic acid.
The bubble food products are provided to customers in a variety of distribution channels, such as merchants, supermarkets & hypermarkets, e-commerce, and convenience stores. The easy accessibility of bubble food and beverages is the major driver of the industry.
The third-significant shareholder of the industry is fruit snacks. These are highly popular among children, more specifically they prefer jellies more than real fruits. Del Monte Foods offers real fruits in jelly form with no contents of sweeteners or artificial flavors, making it a healthy snacking option for children.
Tapioca-based food and beverages capture the largest industry share, led by their benefits. It is a starch obtained from the cassava root, enriched with pure carbohydrates, proteins, fibers, and other nutrients.
Browse full report at: https://www.psmarketresearch.com/market-analysis/bubble-food-beverages-market-report
Tapioca-based food products garner high popularity among the youth, led by the mouth-watering tastes and flavors. Therefore, tapioca holds massive popularity as an ingredient in desserts, snacks, puddings, or bubble tea.
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.
Contact:
P&S Intelligence
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Follow Us: https://www.linkedin.com/company/pnsintelligence/
P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
