North America Popping Boba/Juice Balls Market, By Product Type (Fruit Based, Chocolate, Yogurt, Coffee and Others), Category (Conventional, Vegan), Range (Standard/Simple, Premium), Ingredients (Water, Sugar, Fruit Juice, Calcium Lactate, Seaweed Extract, Malic Acid, Potassium Sorbate, Colouring, Fruit Flavourings and Others), Application (Bubble Tea, Smoothies, Milkshakes, Frozen Yogurts, Cake Topping, Ice Cream Topping, Puddings and Others), End User (Food Service Providers, Household Cooking and Others), Distribution Channel (Store Based Retailers and Non-Store Based), Country (U.S., Canada and Mexico) Industry Trends and Forecast to 2028
Market Analysis and Insights: North America Popping Boba/Juice Balls Market
The popping boba/juice balls market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 7.8% in the forecast period of 2021 to 2028 and expected to reach USD 2,766,552.48 thousand by 2028. Growing use of popping boba/juice balls to maintain hygiene increases the demand of popping boba/juice balls and is driving the growth for the popping boba/juice balls market.
Popping boba is a Taiwanese cuisine which pops inside the mouth of the consumer providing the person with a great taste and after taste. Popping boba is made of an attenuated gel-type skin in which wide range of liquid substances is filled so that these liquids are released once the popping boba is consumed.
Increasing number of flavours in popping boba is boosting the popping boba/juice balls market. Usage of chemicals in order to improve the stability of the product is hampering the demand for popping boba/juice balls market. Introduction of new and advanced products is acting as an opportunity for the growth of popping boba/juice balls market. Stringent regulatory laws for commercialization of food additives are challenging the growth of popping boba/juice balls market.
This popping boba/juice balls market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the popping boba/juice balls market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
North America Popping Boba/Juice Balls Market Scope and Market Size
The North America popping boba/juice balls market is segmented on the basis of product type, category, range, ingredients, application, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the popping boba/juice balls market is segmented into fruit based, chocolate, yogurt, coffee and others. In 2021, the demand of fruit based segment has increased because of the numerous varieties available in terms of flavor.
- On the basis of category, the popping boba/juice balls market is segmented into conventional and vegan. In 2021, vegan segment is expected to dominate the popping boba/juice balls market because vegan based popping boba/juice balls are highly demanded among the consumers due to their huge benefits.
- On the basis of range, the popping boba/juice balls market is segmented into standard/simple and premium. In 2021, the standard/simple segment variant is expected to dominate the popping boba/juice balls market because of the fewer prices in comparison to premium.
- On the basis of ingredients, the popping boba/juice balls market is segmented into water, sugar, fruit juice, calcium lactate, seaweed extract, malic acid, potassium sorbate, colouring, fruit flavourings and others. In 2021, the water segment is expected to dominate the popping boba/juice balls market because of the necessity of water in preparation for all sorts of popping bobas.
- On the basis of application, the popping boba /juice balls market is segmented into bubble tea, smoothies, milkshakes, frozen yogurts, cake topping, ice cream topping, puddings and others. In 2021, the bubble tea segment is expected to dominate the popping boba/juice balls market because of the huge popularity of bubble tea in the international market.
- On the basis of end user, the popping boba /juice balls market is segmented into food service providers, household cooking and others. In 2021, the food service providers segment is expected to dominate the popping boba/juice balls market because of the paradigm shift in the eating habit of the consumers.
- On the basis of distribution channel, the popping boba/juice balls market is segmented into store based retailers and non-store based. In 2021, the store based retailers segment is expected to dominate the popping boba/juice balls market because of ease of access and the ability to assess the quality of the products.
North America Popping Boba/Juice Balls Market Country Level Analysis
The North America popping boba/juice balls market is analysed and market size information is provided by the country, product type, category, range, ingredients, application, end user and distribution channel as referenced above.
The countries covered in North America popping boba/juice balls market report are U.S., Canada and Mexico.
- In North America popping boba/juice balls market, U.S. is dominating the market due to easy availability of popping boba/juice balls as well as their reasonable rates in the region.
Conventional segment is anticipated to dominate the popping boba/juice balls market in U.S., Canada and Mexico due to its health benefits, nutritional content and cost effectiveness as compared to vegan segment.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Growth in the North America Popping Boba/Juice Balls Industry
The popping boba/juice balls market also provides you with detailed market analysis for every country growth in installed base of different kind of products for popping boba/juice balls market, impact of technology using life line curves and changes in infant formula regulatory scenarios and their impact on the popping boba/juice balls market. The data is available for historic period 2010 to 2019.
Competitive Landscape and North America Popping Boba/Juice Balls Share Analysis
The North America popping Boba/Juice Balls market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to popping boba/juice balls market.
The major players covered in the report are Boba Box Limited, Krishna Food India, TING JEAN FOODS INDUSTRY CO., LTD., Hesheng food resources co.,ltd, Sunnysyrup Food Co, Ltd., Hainan Boyi Biotechnology Development Co., Ltd., CHEN EN FOOD PRODUCT ENTERPRISE CO., LTD., Leadway International Inc., ShanghaiLecocqIndustryCo.,Ltd and Possmei international Co., Ltd. among others among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product developments are also initiated by the companies worldwide which are also accelerating the growth of North America popping boba/juice balls market.
For instance,
- In October 2019, Sunnysyrup Foood Co, Ltd. participated in Anuga 2019, a food fest organized in Cologne, Germany. The company expects to introduce its Taiwan Bubble tea and snow ice products to the people in Germany and improve its consumers by participating in this food exhibition.
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for popping boba/juice balls through expanded range of size.
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