Bubble Tea Market by Base Ingredient (Black Tea, Green Tea, Oolong Tea, and White Tea), Flavor (Original Flavor, Coffee Flavor, Fruit Flavor, Chocolate Flavor, and Others), Component (Flavor, Creamer, Sweetener, Liquid, Tapioca Pearls, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023 Update Available On-Demand
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FO_183194
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Pages: 228
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Feb
2018 |
28296 Views
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Author(s) :
Yash Doshi & Gunjan Jeet Sharma
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Tables: 112
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Charts: 48
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Formats*:
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Bubble Tea Market Overview:
The Global Bubble Tea Market was valued at $1,957million in 2016, and is projected to reach $3,214million by 2023, growing at a CAGR of 7.40% from 2017 to 2023. Bubble tea is known by various names such as pearl milk tea, bubble milk tea, boba juice, boba tea, or simply bubble tea. It is made using tea as the base component, while the addition of chewy tapioca balls leads to better experience to this beverage. Bubble tea is available in different flavors with different flavored tapioca balls. It possesses attributes such as low-fat and low calorie content, rich in antioxidants, and anti-inflammatory and anti-carcinogenic properties. Some of the most common flavors preferred by users in bubble tea include honeydew, lychee, mango, passion fruit, peach, plum, strawberry, coffee, ginger, chocolate, and taro, with fruit flavor being the dominant, followed by chocolate and original flavor bubble tea.
Manufactures of this ready-to-drink beverage have maintained its cost-effectiveness, thus driving the bubble tea market. Furthermore, the addition of fruits & jellies to the bubble tea along with the benefits of tea supplements the growth. However, addition of preservatives, artificial color, and excess sugar to this tea hamper this market growth. Moreover, the availability of substitute products, such as coffee, and trend of coffee consumption restrain this growth. However, introduction of new flavors with regards to this tea presents a major opportunity for market expansion.
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The global bubble tea market is segmented on the basis of base ingredient, flavor, component, and geography. Based on base ingredient, the market is divided into black tea, green tea, oolong tea, and white tea. On the basis of flavor, it is classified into original flavor, coffee flavor, fruit flavor, chocolate flavor, and others. Components included in this report are flavor, creamer, sweetener, liquid, tapioca pearls, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Major players operating in this market are Lollicup USA Inc., CuppoTee Company, Bubble Tea House Company, Ten Ren's Tea Time, Boba Box Limited, Sumos Sdn Bhd, Gong Cha USA, Boba Tea Company, Troika JC. (Qbubble), and Fokus Inc.
Bubble Tea Market Share, by Geography
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The Asia-pacific Bubble Tea Market is witnessing a rapid growth rate, as bubble tea has gained popularity due to its low price, enhanced taste, and availability of novel and varied flavors. In addition, rapid urbanization and growth of ready-to-drink beverages in the region drive the market growth.
Global Bubble Tea Market, by Base Ingredient
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The green tea bubble tea segment is estimated to be the most lucrative segment, and it accounts for a major proportion of the global bubble tea market, as it offers health benefits such as prevents variety of cancers & cardiovascular diseases, lowers cholesterol, enhances metabolism, helps in weight loss, and reduces risk of type II diabetes as well as Alzheimer’s & Parkinson’s diseases.
Global Bubble Tea Market, by Flavor
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The fruit flavor bubble tea segment is estimated to be grow at a rapid rate during the forecast period, due to its high consumer preference, diversity in flavor, and high nutritional value as compared to other flavors.
Key Benefits for Stakeholders
- The report outlines the current trends and future scenario of the bubble tea market from 2017 to 2023 to understand the prevailing opportunities and the investment pockets.
- Major countries in each region are mapped according to individual market revenue.
- Porters Five Force's model helps to analyze the potential of buyers & suppliers, and the competitive sketch of the market, which is expected to guide the market players to develop strategies accordingly.
- The key drivers, restrains, and opportunities and their detailed impact analyses are provided.
Bubble Tea Market Key Segments:
By Base Ingredient
- Black Tea
- Green Tea
- Oolong Tea
- White Tea
By Flavor
- Original
- Coffee
- Fruit
- Chocolate
- Others
By Component
- Flavor
- Creamer
- Sweetener
- Liquid
- Tapioca Pearls
- Others
By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- India
- China
- Japan
- Australia
- Taiwan
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Turkey
- Rest of LAMEA
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key finding of the study
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pocket
3.3. Porter's five forces analysis
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyer
3.3.3. Thereat of new entrants
3.3.4. Threat of substitute
3.3.5. Intensity of competitive rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Low price of bubble tea
3.4.1.2. Health benefits associated with bubble tea
3.4.1.3. Expanding retail market
3.4.2. Restraints
3.4.2.1. Addition of artificial preservatives & color and excess sugar in the bubble tea
3.4.2.2. Growth in coffee consumption
3.4.3. Opportunities
3.4.3.1. Introduction of new flavors
3.4.3.2. Decrease in demand for carbonated drinks
3.5. Top player positioning
CHAPTER 4: BUBBLE TEA MARKET, BY BASE INGREDIENT
4.1. Overview
4.1.1. Market size and forecast
4.2. Black Tea
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast
4.2.3. Market analysis by country
4.3. Green Tea
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast
4.3.3. Market analysis by country
4.4. Oolong Tea
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast
4.4.3. Market analysis by country
4.5. White Tea
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast
4.5.3. Market analysis by country
CHAPTER 5: BUBBLE TEA MARKET, BY FLAVORS
5.1. Overview
5.1.1. Market size and forecast
5.2. Original Flavor
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast
5.2.3. Market analysis by country
5.3. Coffee Flavor
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast
5.3.3. Market analysis by country
5.4. Fruit Flavor
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast
5.4.3. Market analysis by country
5.5. Chocolate Flavor
5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast
5.5.3. Market analysis by country
5.6. Others
5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast
5.6.3. Market analysis by country
CHAPTER 6: BUBBLE TEA MARKET, BY COMPONENTS
6.1. Overview
6.1.1. Market size and forecast
6.2. Flavor
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast
6.2.3. Market analysis by country
6.3. Creamer
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast
6.3.3. Market analysis by country
6.4. Sweetener
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast
6.4.3. Market analysis by country
6.5. Liquid
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast
6.5.3. Market analysis by country
6.6. Tapioca Pearls
6.6.1. Key market trends, growth factors, and opportunities
6.6.2. Market size and forecast
6.6.3. Market analysis by country
6.7. Others
6.7.1. Key market trends, growth factors, and opportunities
6.7.2. Market size and forecast
6.7.3. Market analysis by country
CHAPTER 7: BUBBLE TEA MARKET, BY GEOGRAPHY
7.1. Overview
7.1.1. Market size and forecast
7.2. North America
7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast, by Base ingredient
7.2.3. Market size and forecast, by Flavors
7.2.4. Market size and forecast, by Component
7.2.5. Market size and forecast, by country
7.2.6. U.S.
7.2.6.1. Market size and forecast, by Base ingredient
7.2.6.2. Market size and forecast, by Flavors
7.2.6.3. Market size and forecast, by Component
7.2.7. Canada
7.2.7.1. Market size and forecast, by Base ingredient
7.2.7.2. Market size and forecast, by Flavors
7.2.7.3. Market size and forecast, by Component
7.2.8. Mexico
7.2.8.1. Market size and forecast, by Base ingredient
7.2.8.2. Market size and forecast, by Flavors
7.2.8.3. Market size and forecast, by Component
7.3. Europe
7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast, by Base ingredient
7.3.3. Market size and forecast, by Flavors
7.3.4. Market size and forecast, by Component
7.3.5. Market size and forecast, by country
7.3.6. UK
7.3.6.1. Market size and forecast, by Base ingredient
7.3.6.2. Market size and forecast, by Flavors
7.3.6.3. Market size and forecast, by Component
7.3.7. Germany
7.3.7.1. Market size and forecast, by Base ingredient
7.3.7.2. Market size and forecast, by Flavors
7.3.7.3. Market size and forecast, by Component
7.3.8. France
7.3.8.1. Market size and forecast, by Base ingredient
7.3.8.2. Market size and forecast, by Flavors
7.3.8.3. Market size and forecast, by Component
7.3.9. Italy
7.3.9.1. Market size and forecast, by Base ingredient
7.3.9.2. Market size and forecast, by Flavors
7.3.9.3. Market size and forecast, by Component
7.3.10. Rest of Europe
7.3.10.1. Market size and forecast, by Base ingredient
7.3.10.2. Market size and forecast, by Flavors
7.3.10.3. Market size and forecast, by Component
7.4. Asia-Pacific
7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Market size and forecast, by Base ingredient
7.4.3. Market size and forecast, by Flavors
7.4.4. Market size and forecast, by Component
7.4.5. Market size and forecast, by country
7.4.6. China
7.4.6.1. Market size and forecast, by Base ingredient
7.4.6.2. Market size and forecast, by Flavors
7.4.6.3. Market size and forecast, by Component
7.4.7. India
7.4.7.1. Market size and forecast, by Base ingredient
7.4.7.2. Market size and forecast, by Flavors
7.4.7.3. Market size and forecast, by Component
7.4.8. Japan
7.4.8.1. Market size and forecast, by Base ingredient
7.4.8.2. Market size and forecast, by Flavors
7.4.8.3. Market size and forecast, by Component
7.4.9. Australia
7.4.9.1. Market size and forecast, by Base ingredient
7.4.9.2. Market size and forecast, by Flavors
7.4.9.3. Market size and forecast, by Component
7.4.10. Taiwan
7.4.10.1. Market size and forecast, by Base ingredient
7.4.10.2. Market size and forecast, by Flavors
7.4.10.3. Market size and forecast, by Component
7.4.11. Rest of Asia-Pacific
7.4.11.1. Market size and forecast, by Base ingredient
7.4.11.2. Market size and forecast, by Flavors
7.4.11.3. Market size and forecast, by Component
7.5. LAMEA
7.5.1. Key market trends, growth factors, and opportunities
7.5.2. Market size and forecast, by Base ingredient
7.5.3. Market size and forecast, by Flavors
7.5.4. Market size and forecast, by Component
7.5.5. Market size and forecast, by country
7.5.6. Brazil
7.5.6.1. Market size and forecast, by Base ingredient
7.5.6.2. Market size and forecast, by Flavors
7.5.6.3. Market size and forecast, by Component
7.5.7. Saudi Arabia
7.5.7.1. Market size and forecast, by Base ingredient
7.5.7.2. Market size and forecast, by Flavors
7.5.7.3. Market size and forecast, by Component
7.5.8. South Africa
7.5.8.1. Market size and forecast, by Base ingredient
7.5.8.2. Market size and forecast, by Flavors
7.5.8.3. Market size and forecast, by Component
7.5.9. Turkey
7.5.9.1. Market size and forecast, by Base ingredient
7.5.9.2. Market size and forecast, by Flavors
7.5.9.3. Market size and forecast, by Component
7.5.10. Rest of LAMEA
7.5.10.1. Market size and forecast, by Base ingredient
7.5.10.2. Market size and forecast, by Flavors
7.5.10.3. Market size and forecast, by Component
CHAPTER 8: COMPANY PROFILES
8.1. The bubble tea company
8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.2. Bubble Tea House Company
8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.3. Bobabox Limited
8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating business segments
8.4. Cuppotee
8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.5. Fokus Inc.
8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.6. Gong Cha
8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.7. Lollicup USA, Inc.
8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.8. Sumo's (M) Sdn Bhd
8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating business segments
8.9. Ten Ren's Tea Time
8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.10. Troika JC.
8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
LIST OF TABLES
TABLE 01. GLOBAL BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 02. GLOBAL BLACK TEA BUBBLE TEA MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 03. GLOBAL GREEN TEA BUBBLE TEA MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 04. GLOBAL OOLONG TEA BUBBLE TEA MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 05. GLOBAL WHITE TEA BUBBLE TEA MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 06. GLOBAL BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 07. GLOBAL ORIGINAL FLAVOR BUBBLE TEA MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 08. GLOBAL COFFEE FLAVOR BUBBLE TEA MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 09. GLOBAL FRUIT FLAVOR BUBBLE TEA MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 10. GLOBAL CHOCOLATE FLAVOR BUBBLE TEA MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 11. GLOBAL OTHERS BUBBLE TEA MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 12. GLOBAL BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 13. GLOBAL FLAVOR BUBBLE TEA MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 14. GLOBAL CREAMER BUBBLE TEA MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 15. GLOBAL SWEETENER BUBBLE TEA MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 16. GLOBAL LIQUID BUBBLE TEA MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 17. GLOBAL TAPIOCA PEARLS BUBBLE TEA MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 18. GLOBAL OTHERS BUBBLE TEA MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 19. GLOBAL BUBBLE TEA MARKET BY REGION, 2016-2023, ($MILLION)
TABLE 20. NORTH AMERICA BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 21. NORTH AMERICA BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 22. NORTH AMERICA BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 23. NORTH AMERICA BUBBLE TEA MARKET BY COUNTRY, 2016-2023, ($MILLION)
TABLE 24. U.S. BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 25. U.S. BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 26. U.S. BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 27. CANADA BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 28. CANADA BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 29. CANADA BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 30. MEXICO BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 31. MEXICO BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 32. MEXICO BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 33. EUROPE BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 34. EUROPE BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 35. EUROPE BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 36. EUROPE BUBBLE TEA MARKET BY COUNTRY, 2016-2023, ($MILLION)
TABLE 37. UK BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 38. UK BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 39. UK BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 40. GERMANY BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 41. GERMANY BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 42. GERMANY BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 43. FRANCE BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 44. FRANCE BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 45. FRANCE BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 46. ITALY BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 47. ITALY BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 48. ITALY BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 49. REST OF EUROPE BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 50. REST OF EUROPE BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 51. REST OF EUROPE BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 52. ASIA-PACIFIC BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 53. ASIA-PACIFIC BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 54. ASIA-PACIFIC BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 55. ASIA-PACIFIC BUBBLE TEA MARKET BY COUNTRY, 2016-2023, ($MILLION)
TABLE 56. CHINA BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 57. CHINA BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 58. CHINA BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 59. INDIA BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 60. INDIA BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 61. INDIA BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 62. JAPAN BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 63. JAPAN BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 64. JAPAN BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 65. AUSTRALIA BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 66. AUSTRALIA BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 67. AUSTRALIA BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 68. TAIWAN BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 69. TAIWAN BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 70. TAIWAN BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 71. REST OF ASIA-PACIFIC BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 72. REST OF ASIA-PACIFIC BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 73. REST OF ASIA-PACIFIC BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 74. LAMEA BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 75. LAMEA BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 76. LAMEA BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 77. LAMEA BUBBLE TEA MARKET BY COUNTRY, 2016-2023, ($MILLION)
TABLE 78. BRAZIL BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 79. BRAZIL BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 80. BRAZIL BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 81. SAUDI ARABIA BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 82. SAUDI ARABIA BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 83. SAUDI ARABIA BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 84. SOUTH AFRICA BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 85. SOUTH AFRICA BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 86. SOUTH AFRICA BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 87. TURKEY BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 88. TURKEY BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 89. TURKEY BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 90. REST OF LAMEA BUBBLE TEA MARKET BY BASE INGREDIENT, 2016-2023, ($MILLION)
TABLE 91. REST OF LAMEA BUBBLE TEA MARKET BY FLAVORS, 2016-2023, ($MILLION)
TABLE 92. REST OF LAMEA BUBBLE TEA MARKET BY COMPONENT, 2016-2023, ($MILLION)
TABLE 93. THE BUBBLE TEA COMPANY: COMPANY SNAPSHOT
TABLE 94. THE BUBBLE TEA COMPANY: OPERATING SEGMENTS
TABLE 95. BUBBLE TEA HOUSE COMPANY: COMPANY SNAPSHOT
TABLE 96. BUBBLE TEA HOUSE COMPANY: OPERATING SEGMENT
TABLE 97. BOBABOX LIMITED: COMPANY SNAPSHOT
TABLE 98. BOBABOX LIMITED: OPERATING SEGMENT
TABLE 99. CUPPOTEE: COMPANY SNAPSHOT
TABLE 100. CUPPOTEE: OPERATING SEGMENT
TABLE 101. FOKUS INC.: COMPANY SNAPSHOT
TABLE 102. FOKUS INC.: OPERATING SEGMENT
TABLE 103. GONG CHA: COMPANY SNAPSHOT
TABLE 104. GONG CHA: OPERATING SEGMENTS
TABLE 105. LOLLICUP USA, INC.: COMPANY SNAPSHOT
TABLE 106. LOLLICUP USA, INC.: OPERATING SEGMENTS
TABLE 107. SUMO'S (M) SDN BHD: COMPANY SNAPSHOT
TABLE 108. SUMO'S (M) SDN BHD: OPERATING SEGMENTS
TABLE 109. TEN REN'S TEA TIME: COMPANY SNAPSHOT
TABLE 110. TEN REN'S TEA TIME: OPERATING SEGMENTS
TABLE 111. TROIKA JC.: COMPANY SNAPSHOT
TABLE 112. TROIKA JC.: OPERATING SEGMENTS
LIST OF FIGURES
FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. TOP INVESTMENT POCKET, BY FLAVORS, 2016
FIGURE 03. HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 04. LOW BARGAINING POWER OF BUYER
FIGURE 05. MODERATE THREAT OF NEW ENTRANTS
FIGURE 06. HIGH THREAT OF SUBSTITUTE
FIGURE 07. HIGH INTENSITY OF COMPETITIVE RIVALRY
FIGURE 08. U.S. RETAIL SALES GROWTH, % CHANGE YEAR-OVER-YEAR, 2010-2016
FIGURE 09. GLOBAL COFFEE CONSUMPTION (2012/13 & 2015/16)
FIGURE 10. TOP PLAYER POSITIONING
FIGURE 11. GLOBAL BUBBLE TEA MARKET SHARE, BY BASE INGREDIENT, 2016-2023
FIGURE 12. COMPARATIVE SHARE ANALYSIS OF BLACK TEA BUBBLE TEA MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 13. COMPARATIVE SHARE ANALYSIS OF GREEN TEA BUBBLE TEA MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 14. COMPARATIVE SHARE ANALYSIS OF OOLONG TEA BUBBLE TEA MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 15. COMPARATIVE SHARE ANALYSIS OF WHITE TEA BUBBLE TEA MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 16. GLOBAL BUBBLE TEA MARKET SHARE, BY FLAVORS, 2016-2023
FIGURE 17. COMPARATIVE SHARE ANALYSIS OF ORIGINAL FLAVOR BUBBLE TEA MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 18. COMPARATIVE SHARE ANALYSIS OF COFFEE FLAVOR BUBBLE TEA MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF FRUIT FLAVOR BUBBLE TEA MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 20. COMPARATIVE SHARE ANALYSIS OF CHOCOLATE FLAVOR BUBBLE TEA MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 21. COMPARATIVE SHARE ANALYSIS OF OTHERS BUBBLE TEA MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 22. GLOBAL BUBBLE TEA MARKET SHARE, BY COMPONENTS, 2016-2023
FIGURE 23. COMPARATIVE SHARE ANALYSIS OF FLAVOR BUBBLE TEA MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 24. COMPARATIVE SHARE ANALYSIS OF CREAMER BUBBLE TEA MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 25. COMPARATIVE SHARE ANALYSIS OF SWEETENER BUBBLE TEA MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 26. COMPARATIVE SHARE ANALYSIS OF LIQUID BUBBLE TEA MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 27. COMPARATIVE SHARE ANALYSIS OF TAPIOCA PEARLS BUBBLE TEA MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 28. COMPARATIVE SHARE ANALYSIS OF OTHERS BUBBLE TEA MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 29. GLOBAL BUBBLE TEA MARKET SHARE, BY GEOGRAPHY, 2016-2023
FIGURE 30. U.S. BUBBLE TEA MARKET, 2016-2023 ($MILLION)
FIGURE 31. CANADA BUBBLE TEA MARKET, 2016-2023 ($MILLION)
FIGURE 32. MEXICO BUBBLE TEA MARKET, 2016-2023 ($MILLION)
FIGURE 33. UK BUBBLE TEA MARKET, 2016-2023 ($MILLION)
FIGURE 34. GERMANY BUBBLE TEA MARKET, 2016-2023 ($MILLION)
FIGURE 35. FRANCE BUBBLE TEA MARKET, 2016-2023 ($MILLION)
FIGURE 36. ITALY BUBBLE TEA MARKET, 2016-2023 ($MILLION)
FIGURE 37. REST OF EUROPE BUBBLE TEA MARKET, 2016-2023 ($MILLION)
FIGURE 38. CHINA BUBBLE TEA MARKET, 2016-2023 ($MILLION)
FIGURE 39. INDIA BUBBLE TEA MARKET, 2016-2023 ($MILLION)
FIGURE 40. JAPAN BUBBLE TEA MARKET, 2016-2023 ($MILLION)
FIGURE 41. AUSTRALIA BUBBLE TEA MARKET, 2016-2023 ($MILLION)
FIGURE 42. TAIWAN BUBBLE TEA MARKET, 2016-2023 ($MILLION)
FIGURE 43. REST OF ASIA-PACIFIC BUBBLE TEA MARKET, 2016-2023 ($MILLION)
FIGURE 44. BRAZIL BUBBLE TEA MARKET, 2016-2023 ($MILLION)
FIGURE 45. SAUDI ARABIA BUBBLE TEA MARKET, 2016-2023 ($MILLION)
FIGURE 46. SOUTH AFRICA BUBBLE TEA MARKET, 2016-2023 ($MILLION)
FIGURE 47. TURKEY BUBBLE TEA MARKET, 2016-2023 ($MILLION)
FIGURE 48. REST OF LAMEA BUBBLE TEA MARKET, 2016-2023 ($MILLION)
Bubble tea is a widely consumed flavored beverage that contains tea as the basic component in addition to chewy tapioca balls. The chewy tapioca balls are referred to as “pearls” or “boba” by which it gets its name as pearl milk tea and boba tea. The tapioca balls have different flavors, thus enhancing the experience of drinking bubble tea. Bubble tea has rapidly gained popularity the Asia-Pacific region, with gradual expansion across the European and North American regions. The introduction of new flavors in different regions across the globe, such as coffee flavored bubble tea in the North American region, has helped the bubble tea market growth.
Bubble tea is trending in the beverage industry, as it offers diverse flavors to choose from and possesses antioxidant, anti-inflammatory, and anti-carcinogenic properties. The low price of bubble tea coupled with enhanced flavor has helped it to gain considerable market share in beverage industry globally. A wide range of bubble tea and related products are sold through various retail channels such as hypermarkets, supermarkets, convenience stores, discounters, forecourt retailers, and grocery stores. These stores act as global marketing tools, thus assists in building an impressive premium image and increasing brand exposure of bubble tea products.
Furthermore, the carbonated drinks sale is projected to decrease in the next few years, owing to increased awareness among people regarding the health hazards caused by carbonated drinks. These factors indicate that increase in consumption of bubble tea and decrease in popularity of carbonated drinks represent opportunities for the bubble tea market expansion during analysis period.
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