While I enjoy drinking bubble tea, I don’t particularly like the ones sold in the teahouse chains because they contain too much sugar. (You can read more about the history of bubble tea here). Bubble tea comes in many flavors: plain tea flavors such as black or jasmine tea fruit flavors such as strawberry or honeydew and even taro, which is a root vegetable commonly used in Asian dishes. Originating from Taiwan, bubble tea (波霸奶茶/珍珠奶茶) usually consists of sweetened tea with milk and the characteristic chewy tapioca balls, also known as boba (波霸). Deep analysis about the competitive landscape of the market and the initiatives by them to improve this marketBubble tea is one of my favorite things to sip on during the summer. In-depth analysis of different market segmentations including regional segmentations, and product types Trends, drivers, opportunities, restraints, challenges and key developments in the market Supportive initiatives by government likely to influence the market dynamics Information regarding technological progressions as well as innovations taking place in developing economies Future prospects and current trends of the global bubble tea market by the end of forecast period (2018-2025) What to expect from the upcoming report on ‘Global Bubble Tea Market’: Others Based on region, the market has been segmented into, Key segments of ‘Global Bubble Tea Market’īased on Component, the market has been segmented into, (Qbubble), Lollicup USA Inc., Sumos Sdn Bhd, Bubble Tea House Company, Gong Cha USA, Troika and Fokus Inc. The companies which comes under major players are CuppoTee Company, Boba Box Limited, Ten Ren's Tea Time, Boba Tea Company, JC. ![]() It is predicted that liquid by component will dominate the bubble tea market as liquid is the base for bubble tea or it’s the key ingredient in manufacturing processes. ![]() On the basis of components, the global bubble tea market is extended into sweetener, flavor, liquid, tapioca pearls, creamer and others. Owing to the present diversity in fruit flavor, nutritional value and high consumer preference contribute to the higher fruit flavored bubble tea market trend The global bubble tea market segmentation on the basis of flavor includes fruit flavor, original flavor, coffee flavor, chocolate flavor and others. Green tea has enormous benefits such as lowering cholesterol, weight loss, prevention from cancers & cardiovascular diseases, enhanced metabolism and reduced risks of Alzheimers & Parkinsons diseases as well as type II diabetes. In that, green tea bubble is expected to be the most lucrative segment and leads the market with large share. Growing awareness among individuals for health and health benefits extracted form bubble tea has supported the market growth in the North America region.įurthermore, expanding the segmentation on the basis of ingredient, includes green tea, oolong tea, black tea and white tea. and Germany is positively impacting the market growth in the European regions. Growing popularity of flavored tea in developed countries like Italy, U.K. The growth is backed by its high consumption as blended tea drinks. Besides Taiwan, China is tagged as one of the largest bubble tea producers in the Asia Pacific region. The invention of bubble tea took place in Taiwan, as a result, Asia Pacific became the major emerging market. Asia Pacific is predicted to dominate the market followed by Europe. Geographically, the global bubble tea market is divided into Europe, North America, Asia Pacific, along with rest of the world. ![]() However, sometimes these drinks contain higher amount of sugar that may lead to health issues and coffee consumption is restraining the market growth. Introducing different new blends and flavors and rising demand among the youth for a variety of teas is anticipated to offer lucrative opportunities for market expansion. Healthy ingredients present in bubble tea like green and black tea tapioca and base is driving the global demand for bubble tea. Additionally, bubble tea has gained traction across the world due to the fact that it is available at lower prices as compared to other health drinks or beverages. The global bubble tea market size has enlarged with abundant dedicated retail chains and higher demand for non-alcoholic and non-carbonated drinks. ![]() The size of the world market for bubble tea was estimated at USD 2.29 billion in 2022 and is expected to increase at a compound annual growth rate (CAGR) of 7.51% from USD 2.46 billion in 2023 to USD 4.08 billion by 2030.
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