S&P/ASX 200 Index (ASX: XJO) shares with a lot of growth potential could be some of the best investments to buy since they're probably already market leaders in their respective industries, with potential to increase their earnings even further.
I'm bullish about the two businesses I'm about to talk about. I've bought shares for my own portfolio because of what they could achieve between now and 2030.
When it comes to investing in ASX growth shares, I think it's a good idea to think at least three to five years ahead. This allows ample time for businesses to execute their plans and initiatives.
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Breville Group Ltd (ASX: BRG)
Breville is one of the world's leading coffee machine businesses – it has multiple brands including Breville, Sage, Lelit and Baratza, as well as a coffee bean business called Beanz.
There are few Australian businesses that have had as much global success as Breville, which continues to deliver excellent double-digit revenue growth.
In the FY26 half-year result, total global product revenue grew by 10.9% to $973.6 million, with Americas revenue growing 11.6% to $549.5 million, Asia Pacific revenue rising 5.9% to $190.3 million and EMEA (Europe, the Middle East and Asia) revenue rising 13.7% to $233.8 million.
That growth was achieved despite a challenging operating environment, including US tariffs.
I think the ASX 200 share can continue growing its global presence, particularly in some of its newer markets like South Korea, China and the Middle East. I also think it will continue to invest in development to create new products to unlock more growth in its existing markets.
According to the projection on CMC Invest, the ASX share is valued at 26x FY27's estimated earnings. If the business can grow its net profit by more than 10% per year after FY26, I think it will have a very promising future.
Guzman Y Gomez Ltd (ASX: GYG)
GYG is one of the fastest-growing quick service restaurant (QSR) businesses in Australia.
I think it's an excellent ASX 200 share to own because both the ongoing sales growth for its existing network, as well as its restaurant rollout plans.
Its recent FY26 third-quarter update included numerous positive figures, which I think bodes well for the foreseeable future.
In the three months to 31 March 2026, the business reported that its total network sales grew by 19.5% to $345.9 million, with Australian network sales increasing 19.7% to $320.4 million.
For me, the success of the Australian division is essential because it's where a vast majority of the global network is located. Australia is also the market where the company expects its network to grow from 242 to 1,000 over the next 20 years. The 242 locations represented a rise of 14.7% year-over-year.
Asia is also an exciting market because it's gaining traction across Singapore and Japan. The combined network of those two countries increased three locations year-over-year to 13 at 31 March 2026, while Asian network sales rose 15% to $21.5 million.
If the business can continue growing its Australia and Asian network sales by between 15% to 20% per year, I think the ASX 200 share could be a great long-term performer.
