GCC Bubble Food and Beverages Market Forecast 2022-2028

1. GCC Bubble Food and Beverages Market, By Product- Industry Size, Share, Growth, Opportunity and Forecast, 2022-2028

2. GCC Bubble Food and Beverages Market - Industry Trends & Forecast Report, 2028 BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects GCC bubble food and beverages market size to expand at a high CAGR of 13.4% during the forecast period between 2022 and 2028. The expansion of GCC bubble food and beverages marketis driven by increasing popularity of boba-based snacks and drinks, rising consumer health consciousness, and demanding halal labeling and certification standards. Millennials and generation Z spur the demand for bubble food and drinks and their growing inclination for convenience, high-quality standards, and nutritious beverages are projected to fuel the growth of GCC bubble food and beverages market.

3. Growth Drivers  Increasing availability of varieties in bubble food and beverages Green jasmine, fruit-flavored, and black tea are among the varieties available at the market. Fruit-flavored tea comes in a variety of flavors, such as sweetened fruit drinks and cream drinks with fruit taste. Lactose-intolerant people can drink black, green jasmine, and other tea kinds. As different boba tea kinds are available, the consumer have diverse options. This marketing strategy helps to bring in more customers. Companies are also developing novel flavors and compositions to attract customers. Sample Copy of the Report: https://www.blueweaveconsulting.com/report/gcc-bubble-food-and-beverages-market/report-sample

4. Restraints  Spurring demand for alternative beverages The surging demand for alternative beverages, such as coffee, is expected to restrain the growth of GCC bubble food and beverages market. As coffee is a ready-to-drink that suits the consumers with active lifestyles, it is a source of energy booster. In addition, several coffee varieties, such as cold brew and nitro cold brew, are available that suit every tastes. Furthermore, the availability of diverse coffee flavors, such as butterscotch, hazelnut caramel, and vanilla, is also anticipated to limit the growing demand for bubble food and beverages in countries across the GCC region.

5. Impact of COVID-19 COVID-19 pandemic adversely affected GCC bubble food and beverages market, due to the imposition of strict lockdown controls on restaurants, farms, and processing plants to maintain safety precautions and social distancing. Lack of staff and fewer consumer visits to coffee shops resulted in transportation delays and the operation of both supply and demand for consumption points came to a halt. Therefore, COVID-19 pandemic affected the growth of GCC bubble food and beverages market.

6. Competitive Landscape GCC bubble food and beverages market is fiercely competitive. Prominent players in the market include Del Monte Foods, Happy Lemon, Sharetea, Zero Degrees, Booba, The Bubble Tea, TabiBoba Café, Go-Ssip, iTea Café, and Chobcha. To further enhance their market share, these players are primarily focused on the development of innovative and efficient products, new product releases, mergers and acquisitions, collaborations, partnerships, and joint ventures.

7. GCC Bubble Food and Beverages Market – By Country Geographically, GCC bubble food and beverages market covers major Gulf countries such as Saudi Arabia, UAE, Qatar, Kuwait, Oman, and Bahrain.

8. Recent Development GCC bubble food and beverages market is fiercely competitive. Prominent players in the market include Del Monte Foods, Happy Lemon, Sharetea, Zero Degrees, Booba, The Bubble Tea, TabiBoba Café, Go-Ssip, iTea Café, and Chobcha. To further enhance their market share, these players are primarily focused on the development of innovative and efficient products, new product releases, mergers and acquisitions, collaborations, partnerships, and joint ventures.

9. Recent Developments ALFA LAVAL, Danfoss, Kelvion Holding GmbH, Mersen, Exchanger Industries Limited, General Electric Company, Sondex A/S, Xylem Inc., Hisaka Works, LTD.,  Modine Manufacturing, IHI Corporation, Koch Industries, Royal Hydraulics, and other prominent players.

10. Key Players Del Monte Foods, Happy Lemon, Sharetea, Zero Degrees, Booba, The Bubble Tea, TabiBoba Café, Go-Ssip, iTea Café, Chobcha.

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