The Latin America, Middle East and Africa Bubble Food & Beverages Market would witness market growth of 12.5% CAGR during the forecast period (2022-2028).
Stress practically permeates the daily lives of people. However, the bubble milk tea might help in managing the stress accumulated throughout the day. This is because of the antioxidants included in milk tea that help to alleviate stress. Southeast Asia has a high boba demand which is resulting in a rising number of outlets providing boba.
The industry has grown in terms of value sales due to the accessibility of snacks & beverages like cold coffee boba tea, avocado bubble tea through different sales channels, particularly online businesses. Additionally, the development of bubble brinks premixes including chocolate tea premix, pineapple bubble tea premix, and bubble tea fruit pearls is projected to provide enormous growth prospects for the bubble food & beverage market.
Dubai is a hotspot for all things novel, opulent, and diversified. The emirate has everything to entice people, from authentic Korean food to Japanese food. Bubble tea is rapidly gaining popularity in Dubai. A number of tourism initiatives, plans, & projects are implemented to develop tourist and environmentally friendly destinations and to enhance the cultural tourism industry, activities, tourism events, festivals, & sustainability projects. Local tourism authorities also launch initiatives to promote the travel and tourism industry in the United Arab Emirates. Government tourism agencies collaborate closely with state-level businesses in the private sector to promote faster growth and greater value while also encouraging foreign investment and forming alliances with international organizations.
The Brazil market dominated the LAMEA Bubble Food & Beverages Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $134.7 Million by 2028. The Argentina market is exhibiting a CAGR of 13.1% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 12.2% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into On-trade and Off-trade. Based on Off-trade Type, the market is segmented into Hypermarkets & Supermarkets, Online and Others. Based on Source, the market is segmented into Tapioca-based, and Bursting Bubble. Based on Product, the market is segmented into Bubble Tea, Desserts, Fruit Snacks, Fruit Beverages and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Bubble Food & Beverages Market is Predict to reach $7 Billion by 2028, at a CAGR of 9.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Del Monte Pacific Limited, Bubble Tea Club, Fokus Inc., Gong Cha, Ten Ren Tea Co., Ltd., Modoo Food Ltd., Lollicup USA Inc., and Bubble Tea Supply Inc.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- On-trade
- Off-trade
- Hypermarkets & Supermarkets
- Online
- Others
By Source
- Tapioca-based
- Bursting Bubble
By Product
- Bubble Tea
- Desserts
- Fruit Snacks
- Fruits Beverages
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Del Monte Pacific Limited
- Bubble Tea Club
- Fokus Inc.
- Gong Cha
- Ten Ren Tea Co., Ltd.
- Modoo Food Ltd.
- Lollicup USA Inc.
- Bubble Tea Supply Inc.
TABLE 1 LAMEA Bubble Food & Beverages Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Bubble Food & Beverages Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Bubble Food & Beverages Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 LAMEA Bubble Food & Beverages Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 LAMEA On-trade Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA On-trade Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Off-trade Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Off-trade Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Bubble Food & Beverages Market by Off-trade Type, 2018 - 2021, USD Million
TABLE 10 LAMEA Bubble Food & Beverages Market by Off-trade Type, 2022 - 2028, USD Million
TABLE 11 LAMEA Hypermarkets & Supermarkets Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Hypermarkets & Supermarkets Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Online Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Online Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Bubble Food & Beverages Market by Source, 2018 - 2021, USD Million
TABLE 18 LAMEA Bubble Food & Beverages Market by Source, 2022 - 2028, USD Million
TABLE 19 LAMEA Tapioca-based Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Tapioca-based Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Bursting Bubble Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Bursting Bubble Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Bubble Food & Beverages Market by Product, 2018 - 2021, USD Million
TABLE 24 LAMEA Bubble Food & Beverages Market by Product, 2022 - 2028, USD Million
TABLE 25 LAMEA Bubble Tea Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Bubble Tea Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Desserts Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Desserts Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Fruit Snacks Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Fruit Snacks Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Fruits Beverages Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Fruits Beverages Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Bubble Food & Beverages Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Bubble Food & Beverages Market by Country, 2022 - 2028, USD Million
TABLE 37 Brazil Bubble Food & Beverages Market, 2018 - 2021, USD Million
TABLE 38 Brazil Bubble Food & Beverages Market, 2022 - 2028, USD Million
TABLE 39 Brazil Bubble Food & Beverages Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 40 Brazil Bubble Food & Beverages Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 41 Brazil Bubble Food & Beverages Market by Off-trade Type, 2018 - 2021, USD Million
TABLE 42 Brazil Bubble Food & Beverages Market by Off-trade Type, 2022 - 2028, USD Million
TABLE 43 Brazil Bubble Food & Beverages Market by Source, 2018 - 2021, USD Million
TABLE 44 Brazil Bubble Food & Beverages Market by Source, 2022 - 2028, USD Million
TABLE 45 Brazil Bubble Food & Beverages Market by Product, 2018 - 2021, USD Million
TABLE 46 Brazil Bubble Food & Beverages Market by Product, 2022 - 2028, USD Million
TABLE 47 Argentina Bubble Food & Beverages Market, 2018 - 2021, USD Million
TABLE 48 Argentina Bubble Food & Beverages Market, 2022 - 2028, USD Million
TABLE 49 Argentina Bubble Food & Beverages Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 50 Argentina Bubble Food & Beverages Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 51 Argentina Bubble Food & Beverages Market by Off-trade Type, 2018 - 2021, USD Million
TABLE 52 Argentina Bubble Food & Beverages Market by Off-trade Type, 2022 - 2028, USD Million
TABLE 53 Argentina Bubble Food & Beverages Market by Source, 2018 - 2021, USD Million
TABLE 54 Argentina Bubble Food & Beverages Market by Source, 2022 - 2028, USD Million
TABLE 55 Argentina Bubble Food & Beverages Market by Product, 2018 - 2021, USD Million
TABLE 56 Argentina Bubble Food & Beverages Market by Product, 2022 - 2028, USD Million
TABLE 57 UAE Bubble Food & Beverages Market, 2018 - 2021, USD Million
TABLE 58 UAE Bubble Food & Beverages Market, 2022 - 2028, USD Million
TABLE 59 UAE Bubble Food & Beverages Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 60 UAE Bubble Food & Beverages Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 61 UAE Bubble Food & Beverages Market by Off-trade Type, 2018 - 2021, USD Million
TABLE 62 UAE Bubble Food & Beverages Market by Off-trade Type, 2022 - 2028, USD Million
TABLE 63 UAE Bubble Food & Beverages Market by Source, 2018 - 2021, USD Million
TABLE 64 UAE Bubble Food & Beverages Market by Source, 2022 - 2028, USD Million
TABLE 65 UAE Bubble Food & Beverages Market by Product, 2018 - 2021, USD Million
TABLE 66 UAE Bubble Food & Beverages Market by Product, 2022 - 2028, USD Million
TABLE 67 Saudi Arabia Bubble Food & Beverages Market, 2018 - 2021, USD Million
TABLE 68 Saudi Arabia Bubble Food & Beverages Market, 2022 - 2028, USD Million
TABLE 69 Saudi Arabia Bubble Food & Beverages Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 70 Saudi Arabia Bubble Food & Beverages Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 71 Saudi Arabia Bubble Food & Beverages Market by Off-trade Type, 2018 - 2021, USD Million
TABLE 72 Saudi Arabia Bubble Food & Beverages Market by Off-trade Type, 2022 - 2028, USD Million
TABLE 73 Saudi Arabia Bubble Food & Beverages Market by Source, 2018 - 2021, USD Million
TABLE 74 Saudi Arabia Bubble Food & Beverages Market by Source, 2022 - 2028, USD Million
TABLE 75 Saudi Arabia Bubble Food & Beverages Market by Product, 2018 - 2021, USD Million
TABLE 76 Saudi Arabia Bubble Food & Beverages Market by Product, 2022 - 2028, USD Million
TABLE 77 South Africa Bubble Food & Beverages Market, 2018 - 2021, USD Million
TABLE 78 South Africa Bubble Food & Beverages Market, 2022 - 2028, USD Million
TABLE 79 South Africa Bubble Food & Beverages Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 80 South Africa Bubble Food & Beverages Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 81 South Africa Bubble Food & Beverages Market by Off-trade Type, 2018 - 2021, USD Million
TABLE 82 South Africa Bubble Food & Beverages Market by Off-trade Type, 2022 - 2028, USD Million
TABLE 83 South Africa Bubble Food & Beverages Market by Source, 2018 - 2021, USD Million
TABLE 84 South Africa Bubble Food & Beverages Market by Source, 2022 - 2028, USD Million
TABLE 85 South Africa Bubble Food & Beverages Market by Product, 2018 - 2021, USD Million
TABLE 86 South Africa Bubble Food & Beverages Market by Product, 2022 - 2028, USD Million
TABLE 87 Nigeria Bubble Food & Beverages Market, 2018 - 2021, USD Million
TABLE 88 Nigeria Bubble Food & Beverages Market, 2022 - 2028, USD Million
TABLE 89 Nigeria Bubble Food & Beverages Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 90 Nigeria Bubble Food & Beverages Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 91 Nigeria Bubble Food & Beverages Market by Off-trade Type, 2018 - 2021, USD Million
TABLE 92 Nigeria Bubble Food & Beverages Market by Off-trade Type, 2022 - 2028, USD Million
TABLE 93 Nigeria Bubble Food & Beverages Market by Source, 2018 - 2021, USD Million
TABLE 94 Nigeria Bubble Food & Beverages Market by Source, 2022 - 2028, USD Million
TABLE 95 Nigeria Bubble Food & Beverages Market by Product, 2018 - 2021, USD Million
TABLE 96 Nigeria Bubble Food & Beverages Market by Product, 2022 - 2028, USD Million
TABLE 97 Rest of LAMEA Bubble Food & Beverages Market, 2018 - 2021, USD Million
TABLE 98 Rest of LAMEA Bubble Food & Beverages Market, 2022 - 2028, USD Million
TABLE 99 Rest of LAMEA Bubble Food & Beverages Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 100 Rest of LAMEA Bubble Food & Beverages Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 101 Rest of LAMEA Bubble Food & Beverages Market by Off-trade Type, 2018 - 2021, USD Million
TABLE 102 Rest of LAMEA Bubble Food & Beverages Market by Off-trade Type, 2022 - 2028, USD Million
TABLE 103 Rest of LAMEA Bubble Food & Beverages Market by Source, 2018 - 2021, USD Million
TABLE 104 Rest of LAMEA Bubble Food & Beverages Market by Source, 2022 - 2028, USD Million
TABLE 105 Rest of LAMEA Bubble Food & Beverages Market by Product, 2018 - 2021, USD Million
TABLE 106 Rest of LAMEA Bubble Food & Beverages Market by Product, 2022 - 2028, USD Million
TABLE 107 key information – Del Monte Pacific Limited
TABLE 108 Key Information – Bubble Tea Club
TABLE 109 key information – Fokus, Inc.
TABLE 110 key information – Gong Cha
TABLE 111 key information – Ten Ren Tea Co., Ltd.
TABLE 112 key information – Modoo Food Ltd.
TABLE 113 key information – Lollicup USA Inc.
TABLE 114 key information – Bubble Tea Supply Inc.
List of Figures
FIG 1 Methodology for the research