Global Bubble Tea Market Size was valued at USD 2.4 billion in 2019, and it is projected to reach at USD 4 Billion by the end of the forecast period 2025, with growth at a CAGR of 7.5% during the forecast period of 2020-2025.
Bubble tea has different names, it also known as bubble milk tea, pearl milk tea, boba tea, and simply boba. In the 1980s in Tainan and Taichung invented these Taiwanese tea-based drinks. Maximum of the bubble tea recipes have a tea base added with the milk or fruits. Bubble tea has stood attainment grip in emerging markets, owing to growth in its attractiveness. Moreover, evolution in health consciousness and upsurge in acceptance of healthy beverages such as black tea, white tea, green tea, and oolong tea amongst users drive the Bubble Tea Market growth.
The bubble tea market is categorized By Base Ingredient, By Flavors, and By Component.
Based on the Base Ingredient segment is sub-classified into Green Tea, Oolong Tea, Black Tea, and White Tea. Based on Flavors, it is subdivided into the coffee flavor, fruit flavor, original flavor, chocolate flavor, and others. And Based on Component, is divided into tapioca pearls, creamer, sweetener, flavor, liquid, and others.
According to a research study, based on Base Ingredient segment, the sub-segment black tea made high revenue in 2019, and also this sub-segment is projected to maintain this flow trend in coming years.
The segment By Flavor, in 2019, the fruit flavor was utmost major segment calculated for the large share in the Global Bubble Tea Market. The segment liquid component was the most prominent segment accounting for the highest share in the bubble tea market
The Global Bubble Tea Market is categorized into North America (United States, Canada), Asia Pacific (India, China, Japan, Korea, Singapore, Australia, and Malaysia), Europe (United Kingdom, Italy, Spain, France, Germany, and Landon), Latin America (Brazil, Mexico, and Argentina), Middle East and Africa (United Arab Emirates, Saudi Arabia, and South Africa), and Rest of the world.
Among all regions, the North America region was the major regional market in 2019. North America bubble tea market can be recognized to the increase in cognizance regarding healthy lifestyle and larger consumption of healthy beverages. Europe region is projected to grow with the maximum CAGR during the forecast period.
Some of the major players listed in the global bubble tea market report include Bobabox Limited, Bubble Tea House Company, Cuppotee, Fokus Inc., Gong Cha, Lollicup USA, Inc., Sumo's (M) SdnBhd, Ten Ren's Tea Time, The Bubble Tea Company, and Troika JC, Bubble Tea Supply Inc., ChaTime, CoCo Fresh, Quickly, Kung Fu Tea, BobaLoca, Happylemon, Share Tea, T Bun International, Fanale Drinks, Grand Chainly, and Huey-Yuhe Enterprise.
Detailed Segmentation Analysis of the Global Bubble Tea Market:
Bubble Tea Market By Base Ingredient:
Bubble Tea Market By Flavor:
Bubble Tea Market By Component:
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Bubble Tea Market, By Base Ingredient
6.1.1 Black Tea
6.1.2 Green Tea
6.1.3 Ooling Tea
6.1.4 white Tea
6.1.5 Market Size Estimations & Forecasts (2019-2024)
6.1.6 Y-o-Y Growth Rate Analysis
6.1.7 Market Attractiveness Index
6.2 Bubble Tea Market, By Flavor
6.2.1 Original Flavor
6.2.2 Coffee Flavor
6.2.3 Fruit Flavor
6.2.4 Market Size Estimations & Forecasts (2019-2024)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
6.3 Bubble Tea Market, By Component
6.3.1 Flavor
6.3.2 Creamer
6.3.3 Sweetener
6.3.4 Liquid
6.3.5 Market Size Estimations & Forecasts (2019-2024)
6.3.6 Y-o-Y Growth Rate Analysis
6.3.7 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Base Ingredient
7.2.3 By Flavor
7.2.4 By Component
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Base Ingredient
7.3.3 By Flavor
7.3.4 By Component
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Base Ingredient
7.4.3 By Flavor
7.4.4 By Component
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Base Ingredient
7.5.3 By Flavor
7.5.4 By Component
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Base Ingredient
7.6.3 By Flavor
7.6.4 By Component
8. Key Player Analysis
8.1 Bobabox Limited
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Bubble Tea House Company
8.3 Cuppotee
8.4 Fokus Inc
8.5 Gong Cha
8.6 Lollicup USA
8.7 Ten Ren's Tea Time
8.8 The Bubble Tea Company
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
List of table
