[Abstract] A production apparatus for a liquid containing gas bubbles according to an embodiment of the present invention includes a casing and a shearing mechanism unit. The casing includes an inlet, into which a liquid with a gas injected therein flows, and an outlet. The shearing mechanism unit is provided between the inlet and the outlet and applies shearing force to a liquid flowing to the outlet from the inlet. The shearing mechanism unit includes a rotor, a rotation applying unit, and a facing member. The rotor includes a rotary shaft and a tube portion having an outer peripheral portion including a first structure surface in which a plurality of recess portions is formed, and is rotatably disposed inside the casing. The rotation applying unit is provided in the rotary shaft and applies rotating force around the rotary shaft to the rotor. The facing member has an inner peripheral portion that faces the first structure surface via a predetermined clearance and is provided in an inner wall portion of the casing.