The global Bubble Tea market size was valued at US$ 7886.7 million in 2023. With growing demand in downstream market, the Bubble Tea is forecast to a readjusted size of US$ 27950 million by 2030 with a CAGR of 19.8% during review period.
The research report highlights the growth potential of the global Bubble Tea market. Bubble Tea are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Bubble Tea. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Bubble Tea market.
Bubble tea (also known as pearl milk tea, bubble milk tea, boba juice, boba tea, or simply boba) is a China Taiwanese tea-based drink invented in Tainan and Taichung in the 1980s. Most bubble tea recipes contain a tea base mixed with fruit or milk, to which chewy tapioca balls (known as bubbles, pearls, or boba) and fruit jelly are often added. Ice-blended versions are usually mixed with fruit or syrup, resulting in a slushy consistency. There are many varieties of the drink with a wide range of ingredients. The two most popular varieties are bubble milk tea with tapioca and bubble milk green tea with tapioca.
Chatime, Coco Fresh, Gong Cha and Quickly are the main manufacturers of bubble milk tea, with the top three accounting for about 15% of the whole market.
Asia-Pacific is estimated to have a major share in the global market with nearly 60%.
Key Features:
The report on Bubble Tea market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Bubble Tea market. It may include historical data, market segmentation by Type (e.g., Classic/Original, Fruit Flavored), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Bubble Tea market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Bubble Tea market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Bubble Tea industry. This include advancements in Bubble Tea technology, Bubble Tea new entrants, Bubble Tea new investment, and other innovations that are shaping the future of Bubble Tea.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Bubble Tea market. It includes factors influencing customer ' purchasing decisions, preferences for Bubble Tea product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Bubble Tea market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Bubble Tea market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Bubble Tea market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Bubble Tea industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Bubble Tea market.
Market Segmentation:
Bubble Tea market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Classic/Original
Fruit Flavored
Other Flavors
Segmentation by application
18-25 years old
26-35 years old
36-45 years old
Other Groups
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Kung Fu Tea
Gong Cha
Boba Guys
Chatime
ShareTea
8tea5
Quickly
CoCo Fresh
ViVi Bubble Tea
Key Questions Addressed in this Report
What is the 10-year outlook for the global Bubble Tea market?
What factors are driving Bubble Tea market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bubble Tea market opportunities vary by end market size?
How does Bubble Tea break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Bubble Tea Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Bubble Tea by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Bubble Tea by Country/Region, 2019, 2023 & 2030
2.2 Bubble Tea Segment by Type
2.2.1 Classic/Original
2.2.2 Fruit Flavored
2.2.3 Other Flavors
2.3 Bubble Tea Sales by Type
2.3.1 Global Bubble Tea Sales Market Share by Type (2019-2024)
2.3.2 Global Bubble Tea Revenue and Market Share by Type (2019-2024)
2.3.3 Global Bubble Tea Sale Price by Type (2019-2024)
2.4 Bubble Tea Segment by Application
2.4.1 18-25 years old
2.4.2 26-35 years old
2.4.3 36-45 years old
2.4.4 Other Groups
2.5 Bubble Tea Sales by Application
2.5.1 Global Bubble Tea Sale Market Share by Application (2019-2024)
2.5.2 Global Bubble Tea Revenue and Market Share by Application (2019-2024)
2.5.3 Global Bubble Tea Sale Price by Application (2019-2024)
3 Global Bubble Tea by Company
3.1 Global Bubble Tea Breakdown Data by Company
3.1.1 Global Bubble Tea Annual Sales by Company (2019-2024)
3.1.2 Global Bubble Tea Sales Market Share by Company (2019-2024)
3.2 Global Bubble Tea Annual Revenue by Company (2019-2024)
3.2.1 Global Bubble Tea Revenue by Company (2019-2024)
3.2.2 Global Bubble Tea Revenue Market Share by Company (2019-2024)
3.3 Global Bubble Tea Sale Price by Company
3.4 Key Manufacturers Bubble Tea Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Bubble Tea Product Location Distribution
3.4.2 Players Bubble Tea Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Bubble Tea by Geographic Region
4.1 World Historic Bubble Tea Market Size by Geographic Region (2019-2024)
4.1.1 Global Bubble Tea Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Bubble Tea Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Bubble Tea Market Size by Country/Region (2019-2024)
4.2.1 Global Bubble Tea Annual Sales by Country/Region (2019-2024)
4.2.2 Global Bubble Tea Annual Revenue by Country/Region (2019-2024)
4.3 Americas Bubble Tea Sales Growth
4.4 APAC Bubble Tea Sales Growth
4.5 Europe Bubble Tea Sales Growth
4.6 Middle East & Africa Bubble Tea Sales Growth
5 Americas
5.1 Americas Bubble Tea Sales by Country
5.1.1 Americas Bubble Tea Sales by Country (2019-2024)
5.1.2 Americas Bubble Tea Revenue by Country (2019-2024)
5.2 Americas Bubble Tea Sales by Type
5.3 Americas Bubble Tea Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Bubble Tea Sales by Region
6.1.1 APAC Bubble Tea Sales by Region (2019-2024)
6.1.2 APAC Bubble Tea Revenue by Region (2019-2024)
6.2 APAC Bubble Tea Sales by Type
6.3 APAC Bubble Tea Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Bubble Tea by Country
7.1.1 Europe Bubble Tea Sales by Country (2019-2024)
7.1.2 Europe Bubble Tea Revenue by Country (2019-2024)
7.2 Europe Bubble Tea Sales by Type
7.3 Europe Bubble Tea Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Bubble Tea by Country
8.1.1 Middle East & Africa Bubble Tea Sales by Country (2019-2024)
8.1.2 Middle East & Africa Bubble Tea Revenue by Country (2019-2024)
8.2 Middle East & Africa Bubble Tea Sales by Type
8.3 Middle East & Africa Bubble Tea Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Bubble Tea
10.3 Manufacturing Process Analysis of Bubble Tea
10.4 Industry Chain Structure of Bubble Tea
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Bubble Tea Distributors
11.3 Bubble Tea Customer
12 World Forecast Review for Bubble Tea by Geographic Region
12.1 Global Bubble Tea Market Size Forecast by Region
12.1.1 Global Bubble Tea Forecast by Region (2025-2030)
12.1.2 Global Bubble Tea Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Bubble Tea Forecast by Type
12.7 Global Bubble Tea Forecast by Application
13 Key Players Analysis
13.1 Kung Fu Tea
13.1.1 Kung Fu Tea Company Information
13.1.2 Kung Fu Tea Bubble Tea Product Portfolios and Specifications
13.1.3 Kung Fu Tea Bubble Tea Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Kung Fu Tea Main Business Overview
13.1.5 Kung Fu Tea Latest Developments
13.2 Gong Cha
13.2.1 Gong Cha Company Information
13.2.2 Gong Cha Bubble Tea Product Portfolios and Specifications
13.2.3 Gong Cha Bubble Tea Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Gong Cha Main Business Overview
13.2.5 Gong Cha Latest Developments
13.3 Boba Guys
13.3.1 Boba Guys Company Information
13.3.2 Boba Guys Bubble Tea Product Portfolios and Specifications
13.3.3 Boba Guys Bubble Tea Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Boba Guys Main Business Overview
13.3.5 Boba Guys Latest Developments
13.4 Chatime
13.4.1 Chatime Company Information
13.4.2 Chatime Bubble Tea Product Portfolios and Specifications
13.4.3 Chatime Bubble Tea Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Chatime Main Business Overview
13.4.5 Chatime Latest Developments
13.5 ShareTea
13.5.1 ShareTea Company Information
13.5.2 ShareTea Bubble Tea Product Portfolios and Specifications
13.5.3 ShareTea Bubble Tea Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 ShareTea Main Business Overview
13.5.5 ShareTea Latest Developments
13.6 8tea5
13.6.1 8tea5 Company Information
13.6.2 8tea5 Bubble Tea Product Portfolios and Specifications
13.6.3 8tea5 Bubble Tea Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 8tea5 Main Business Overview
13.6.5 8tea5 Latest Developments
13.7 Quickly
13.7.1 Quickly Company Information
13.7.2 Quickly Bubble Tea Product Portfolios and Specifications
13.7.3 Quickly Bubble Tea Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Quickly Main Business Overview
13.7.5 Quickly Latest Developments
13.8 CoCo Fresh
13.8.1 CoCo Fresh Company Information
13.8.2 CoCo Fresh Bubble Tea Product Portfolios and Specifications
13.8.3 CoCo Fresh Bubble Tea Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 CoCo Fresh Main Business Overview
13.8.5 CoCo Fresh Latest Developments
13.9 ViVi Bubble Tea
13.9.1 ViVi Bubble Tea Company Information
13.9.2 ViVi Bubble Tea Bubble Tea Product Portfolios and Specifications
13.9.3 ViVi Bubble Tea Bubble Tea Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 ViVi Bubble Tea Main Business Overview
13.9.5 ViVi Bubble Tea Latest Developments
14 Research Findings and Conclusion
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*If Applicable.