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), and Component (Flavor, Creamer, Sweetener, Liquid, Tapioca Pearls, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027
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A02854
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Pages: 261
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Apr
2020 |
56350 Views
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Author(s) :
Vaibhav Sangwai
, RoshanDeshmukh
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Tables: 120
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Charts: 49
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Formats*:
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COVID-19
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Request Now !The bubble tea market was valued at $2.4 billion in 2019 and is estimated to reach $4.3 billion by 2027, registering a CAGR of 7.80% from 2020 to 2027. In 2019, the black tea segment accounted for more than half of the share in the total bubble tea market and is expected to grow at a CAGR of 7.50% throughout the forecast period.
Bubble tea (also known as pearl milk tea, bubble milk tea, boba juice, boba tea, or simply boba) is a 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. The adoption of bubble tea has been quite high in mature regions such as the U.S., Canada, and Germany while emerging countries such as China, Brazil, and India are catching up quickly.
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Bubble tea has been gaining traction in emerging markets, owing to rise in its popularity.Furthermore, growth in health consciousness and increase in adoption of healthy beverages such as green tea, black tea, oolong tea, and white tea among consumers drive the market growth. Moreover, rise in consumption of flavored bubble tea in young generation fuels thebubble tea market growth. In addition, aggressive advertisements and celebrity end orsements have also helped the global market to pave its way toward growth. However, excess sugar content in these drinks leading to health issues and trend of coffee consumption are expected to restrict the market growth. In addition, due to the presence of artificial preservatives in bubble tea, consumers are changing their preference toward organic beverages, which hampers the growth of the global bubble tea market. On the contrary, introduction of various new flavors and blends and high demand among young population for a variety of teas are expected to provide lucrative opportunities for the market expansion.
The bubble tea market has been segmented on the basis of on base ingredient, flavors, component, and region. By base ingredient, it is divided into black tea, green tea, oolong tea, and white tea. On the basis of flavor, it is categorized into original flavor, coffee flavor, fruit flavor, chocolate flavor, and others. By component, it is classified into flavor, creamer, sweetener, liquid, tapioca pearls, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
According to the bubble tea market analysis, based on base ingredient,the black tea segment generated maximum revenue in 2019 and is expected to continue this trend throughout the forecast period. This can be attributed to rise in the popularity of bubble tea with black tea as a base ingredient across the globe. However, the green tea segment is expected to grow at the highest CAGR throughout the forecast period, owing to growth innumber of health conscious consumers worldwide.
Bubble Tea Market
By Base Ingredient
The green tea segment would witness the fastest growth, registering a CAGR of 8.2% during the forecast.
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According to the bubble tea market share, based onflavor, the fruit flavor segment was the most prominent segment accounting for the highest share in the bubble tea market, in 2019. This can be attributed to change in preference of consumers toward healthy beverages and better taste. However, the chocolate flavor segment is expected to witness highest growth, owing to increase in its popularity of in all age groups for all flavored beverages and rise in awareness of health benefits of chocolate among consumers.
Bubble Tea Market
By Flavor
Chocolate flavor segment would witness the fastest growth, registering a CAGR of 8.4% during the forecast period.
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Based on bubble tea market forecast, the liquid component was the most prominent segment accounting for the highest share in the bubble tea market. This can be attributed to the availability of various options such as combination of various liquid flavors and syrups. However, the sweeteners segment is expected to witness the highest growth, owing to rise in demand for sweet beverages across the globe.
Bubble Tea Market
By Component
Flavor segment would witness the fastest growth, registering a CAGR of 8.4% during the forecast period.
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By region, North America was the most prominent regional market in 2019. This can be attributed to the rise in awareness regarding healthy lifestyle and higher adoption of healthy beverages by health-conscious consumers. Moreover, higher expenditure of consumers on healthy beverages adds to the popularity of bubble tea in theregion. However, Europeis expected to grow with the highest CAGR throughout the forecast period, owing toaggressive advertising and celebrity brand endorsement and increasein the awareness of bubble tea in theregion.
Bubble Tea Market
By Region
Europe would witness the fastest growth, registering a CAGR of 8.7% during the forecast period.
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The players in the bubble tea market have adopted acquisition as their key development strategy to increase profitability and improve their position in the bubble tea market. The key players alsorelyon product launch to improve their product portfolio and stay relevant in the global market.The key players profiled in thereport 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.
The other players operating in the global bubble tea market are 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.
Key Benefits For Stakeholders
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The report provides a quantitative analysis of the current bubble tea market trends, estimations, and dynamics of the market size from 2019 to 2027 to identify the prevailing opportunities.
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Porter’s five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
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In-depth analysis and the bubble tea market size and segmentation assists in determining the prevailing bubble tea market opportunities.
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The major countries in each region are mapped according to their revenue contribution to the global bubble tea market.
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The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the industry.
Key Market Segments
By Base Ingredient
- Black Tea
- Green Tea
- Oolong Tea
- White Tea
By Flavor
- Original Flavor
- Coffee Flavor
- Fruit Flavor
- Chocolate Flavor
- Others
By Component
- Flavor
- Creamer
- Sweetener
- Liquid
- Tapioca Pearls
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- 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 findings
2.1.1.Top impacting factors
2.1.2.Top investment pockets
2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Parent/Peer Market Overview
3.1.Porter’s Five Forces analysis
3.1.1.Highbargaining power of suppliers
3.1.2.High bargaining power of buyers
3.1.3.Moderate threat of substitutes
3.1.4.High threat of new entrants
3.1.5.High intensity of rivalry
3.2.Industry Pain point analysis
3.3.Supply chain analysis
3.4.Pricing analysis
3.5.Market dynamics
3.5.1.Drivers
3.5.1.1.Low price of bubble tea
3.5.1.2.Health benefits associated with bubble tea
3.5.1.3.Expanding retail market
3.5.2.Restraints
3.5.2.1.Addition of artificial preservatives & color and excess sugar in the bubble tea
3.5.2.2.Growth in coffee consumption
3.5.3.Opportunities
3.5.3.1.Introduction of new flavors
3.5.3.2.Decrease in demand for carbonated drinks
CHAPTER 4:GLOBAL BUBBLE TEA MARKET,BY BASE INGREDIENT
4.1.Overview
4.1.1.Market size and forecast
4.2.Black tea
4.2.1.Overview
4.2.2.Key market trends, growth factors, and opportunities
4.2.3.Market size and forecast
4.2.4.Market analysis by country
4.3.Green tea
4.3.1.Overview
4.3.2.Key market trends, growth factors, and opportunities
4.3.3.Market size and forecast
4.3.4.Market analysis by country
4.4.Oolong tea
4.4.1.Overview
4.4.2.Key market trends, growth factors, and opportunities
4.4.3.Market size and forecast
4.4.4.Market analysis by country
4.5.White tea
4.5.1.Overview
4.5.2.Key market trends, growth factors, and opportunities
4.5.3.Market size and forecast
4.5.4.Market analysis by country
CHAPTER 5:GLOBAL BUBBLE TEA MARKET, BY FLAVOR
5.1.Overview
5.1.1.Market size and forecast
5.2.Original flavor
5.2.1.Overview
5.2.2.Key market trends, growth factors, and opportunities
5.2.3.Market size and forecast
5.2.4.Market analysis by country
5.3.Coffee flavor
5.3.1.Overview
5.3.2.Key market trends, growth factors, and opportunities
5.3.3.Market size and forecast
5.3.4.Market analysis by country
5.4.Fruit flavor
5.4.1.Overview
5.4.2.Key market trends, growth factors, and opportunities
5.4.3.Market size and forecast
5.4.4.Market analysis by country
5.5.Chocolate flavor
5.5.1.Overview
5.5.2.Key market trends, growth factors, and opportunities
5.5.3.Market size and forecast
5.5.4.Market analysis by country
5.6.Others
5.6.1.Overview
5.6.2.Key market trends, growth factors, and opportunities
5.6.3.Market size and forecast
5.6.4.Market analysis by country
CHAPTER 6:BUBBLE TEA MARKET, BY COMPONENT
6.1.Overview
6.1.1.Market size and forecast
6.2.Flavor
6.2.1.Overview
6.2.2.Key market trends, growth factors, and opportunities
6.2.3.Market size and forecast
6.2.4.Market analysis by country
6.3.Creamer
6.3.1.Overview
6.3.2.Key market trends, growth factors, and opportunities
6.3.3.Market size and forecast
6.3.4.Market analysis by country
6.4.Sweetener
6.4.1.Overview
6.4.2.Key market trends, growth factors, and opportunities
6.4.3.Market size and forecast
6.4.4.Market analysis by country
6.5.Liquid
6.5.1.Overview
6.5.2.Key market trends, growth factors, and opportunities
6.5.3.Market size and forecast
6.5.4.Market analysis by country
6.6.Tapioca pearls
6.6.1.Overview
6.6.2.Key market trends, growth factors, and opportunities
6.6.3.Market size and forecast
6.6.4.Market analysis by country
6.7.Others
6.7.1.Overview
6.7.2.Key market trends, growth factors, and opportunities
6.7.3.Market size and forecast
6.7.4.Market analysis by country
CHAPTER 7:GLOBAL BUBBLE TEA MARKET, BY REGION
7.1.Overview
7.1.1.Market size and forecast
7.2.North America
7.2.1.Overview
7.2.2.Key market trends, growth factors, and opportunities
7.2.3.Market size and forecast, by base ingredient
7.2.4.Market size and forecast, by flavor
7.2.5.Market size and forecast, by component
7.2.6.Market size and forecast, by country
7.2.6.1.U.S.
7.2.6.1.1.Market size and forecast, by base ingredient
7.2.6.1.2.Market size and forecast, by flavor
7.2.6.1.3.Market size and forecast, by component
7.2.6.2.Canada
7.2.6.2.1.Market size and forecast, by base ingredient
7.2.6.2.2.Market size and forecast, by flavor
7.2.6.2.3.Market size and forecast, by component
7.2.6.3.Mexico
7.2.6.3.1.Market size and forecast, by base ingredient
7.2.6.3.2.Market size and forecast, by flavor
7.2.6.3.3.Market size and forecast, by component
7.3.Europe
7.3.1.Overview
7.3.2.Key market trends, growth factors, and opportunities
7.3.3.Market size and forecast, by base ingredient
7.3.4.Market size and forecast, by flavor
7.3.5.Market size and forecast, by component
7.3.6.Market size and forecast, by country
7.3.6.1.UK
7.3.6.1.1.Market size and forecast, by base ingredient
7.3.6.1.2.Market size and forecast, by flavor
7.3.6.1.3.Market size and forecast, by component
7.3.6.2.Germany
7.3.6.2.1.Market size and forecast, by base ingredient
7.3.6.2.2.Market size and forecast, by flavor
7.3.6.2.3.Market size and forecast, by component
7.3.6.3.France
7.3.6.3.1.Market size and forecast, by base ingredient
7.3.6.3.2.Market size and forecast, by flavor
7.3.6.3.3.Market size and forecast, by component
7.3.6.4.Italy
7.3.6.4.1.Market size and forecast, by base ingredient
7.3.6.4.2.Market size and forecast, by flavor
7.3.6.4.3.Market size and forecast, by component
7.3.6.5.Rest of Europe
7.3.6.5.1.Market size and forecast, by base ingredient
7.3.6.5.2.Market size and forecast, by flavor
7.3.6.5.3.Market size and forecast, by component
7.4.Asia-Pacific
7.4.1.Overview
7.4.2.Key market trends, growth factors, and opportunities
7.4.3.Market size and forecast, by base ingredient
7.4.4.Market size and forecast, by flavor
7.4.5.Market size and forecast, by component
7.4.6.Market size and forecast, by country
7.4.6.1.China
7.4.6.1.1.Market size and forecast, by base ingredient
7.4.6.1.2.Market size and forecast, by flavor
7.4.6.1.3.Market size and forecast, by component
7.4.6.2.Japan
7.4.6.2.1.Market size and forecast, by base ingredient
7.4.6.2.2.Market size and forecast, by flavor
7.4.6.2.3.Market size and forecast, by component
7.4.6.3.India
7.4.6.3.1.Market size and forecast, by base ingredient
7.4.6.3.2.Market size and forecast, by flavor
7.4.6.3.3.Market size and forecast, by component
7.4.6.4.Australia
7.4.6.4.1.Market size and forecast, by base ingredient
7.4.6.4.2.Market size and forecast, by flavor
7.4.6.4.3.Market size and forecast, by component
7.4.6.5.Taiwan
7.4.6.5.1.Market size and forecast, by base ingredient
7.4.6.5.2.Market size and forecast, by flavor
7.4.6.5.3.Market size and forecast, by component
7.4.6.6.Rest of Asia-Pacific
7.4.6.6.1.Market size and forecast, by base ingredient
7.4.6.6.2.Market size and forecast, by flavor
7.4.6.6.3.Market size and forecast, by component
7.5.LAMEA
7.5.1.Overview
7.5.2.Key market trends, growth factors, and opportunities
7.5.3.Market size and forecast, by base ingredient
7.5.4.Market size and forecast, by flavor
7.5.5.Market size and forecast, by component
7.5.6.Market size and forecast, by country
7.5.6.1.Brazil
7.5.6.1.1.Market size and forecast, by base ingredient
7.5.6.1.2.Market size and forecast, by flavor
7.5.6.1.3.Market size and forecast, by component
7.5.6.2.Saudi Arabia
7.5.6.2.1.Market size and forecast, by base ingredient
7.5.6.2.2.Market size and forecast, by flavor
7.5.6.2.3.Market size and forecast, by component
7.5.6.3.South Africa
7.5.6.3.1.Market size and forecast, by base ingredient
7.5.6.3.2.Market size and forecast, by flavor
7.5.6.3.3.Market size and forecast, by component
7.5.6.4.Turkey
7.5.6.4.1.Market size and forecast, by base ingredient
7.5.6.4.2.Market size and forecast, by flavor
7.5.6.4.3.Market size and forecast, by component
7.5.6.5.Rest of LAMEA
7.5.6.5.1.Market size and forecast, by base ingredient
7.5.6.5.2.Market size and forecast, by flavor
7.5.6.5.3.Market size and forecast, by component
CHAPTER 8:COMPETITIVE LANDSCAPE
8.1.Competitive Dashboard
8.2.Competitive Heatmap
CHAPTER 9:COMPANY PROFILES
9.1.Bobabox Limited
9.1.1.Company overview
9.1.2.Key Executive
9.1.3.Company snapshot
9.1.4.Product portfolio
9.2.Bubble Tea House Company
9.2.1.Company overview
9.2.2.Key Executive
9.2.3.Company snapshot
9.2.4.Product portfolio
9.3.Cuppotee
9.3.1.Company overview
9.3.2.Key Executive
9.3.3.Company snapshot
9.3.4.Product portfolio
9.4.Fokus Inc.
9.4.1.Company overview
9.4.2.Key Executive
9.4.3.Company snapshot
9.4.4.Product portfolio
9.5.Gong Cha
9.5.1.Company overview
9.5.2.Key Executive
9.5.3.Company snapshot
9.5.4.Product portfolio
9.6.Lollicup USA, Inc.
9.6.1.Company overview
9.6.2.Key Executive
9.6.3.Company snapshot
9.6.4.Product portfolio
9.7.Sumo's (M) SdnBhd
9.7.1.Company overview
9.7.2.Key Executive
9.7.3.Company snapshot
9.7.4.Product portfolio
9.8.Ten Ren's Tea Time
9.8.1.Company overview
9.8.2.Key Executive
9.8.3.Company snapshot
9.8.4.Product portfolio
9.9.The Bubble Tea Company
9.9.1.Company overview
9.9.2.Company snapshot
9.9.3.Product portfolio
9.10.Troika JC.
9.10.1.Company overview
9.10.2.Company snapshot
9.10.3.Product portfolio
LIST OF TABLES
TABLE 01.GLOBAL BUBBLE TEA MARKET REVENUE, BY BASE INGREDIENT, 2019–2027 ($MILLION)
TABLE 02.GLOBAL BUBBLE TEA MARKET REVENUE FOR BLACK TEA, BY REGION, 2019–2027 ($MILLION)
TABLE 03.GLOBAL BUBBLE TEA MARKET REVENUE FOR GREEN TEA, BY REGION, 2019–2027 ($MILLION)
TABLE 04.GLOBAL BUBBLE TEA MARKET REVENUE FOR OOLONG TEA, BY REGION, 2019–2027 ($MILLION)
TABLE 05.GLOBAL BUBBLE TEA MARKET REVENUE FOR WHITE TEA, BY REGION, 2019–2027 ($MILLION)
TABLE 06.GLOBAL BUBBLE TEA MARKET REVENUE, BY GENDER, 2019–2027 ($MILLION)
TABLE 07.GLOBAL BUBBLE TEA MARKET REVENUE FOR ORIGINAL FLAVOR, BY REGION, 2019–2027 ($MILLION)
TABLE 08.GLOBAL BUBBLE TEA MARKET REVENUE FOR COFFEE FLAVOR, BY REGION, 2019–2027 ($MILLION)
TABLE 09.GLOBAL BUBBLE TEA MARKET REVENUE FOR FRUIT FLAVOR, BY REGION, 2019–2027 ($MILLION)
TABLE 10.GLOBAL BUBBLE TEA MARKET REVENUE FOR CHOCOLATE FLAVOR, BY REGION, 2019–2027 ($MILLION)
TABLE 11.GLOBAL BUBBLE TEA MARKET REVENUE FOR OTHERS, BY REGION, 2019–2027 ($MILLION)
TABLE 12.GLOBAL BUBBLE TEA MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 13.GLOBAL BUBBLE TEA MARKET REVENUE FOR FLAVOR, BY REGION, 2019–2027 ($MILLION)
TABLE 14.GLOBAL BUBBLE TEA MARKET REVENUE FOR CREAMER, BY REGION, 2019–2027 ($MILLION)
TABLE 15.GLOBAL BUBBLE TEA MARKET REVENUE FOR SWEETENER, BY REGION, 2019–2027 ($MILLION)
TABLE 16.GLOBAL BUBBLE TEA MARKET REVENUE FOR LIQUID, BY REGION, 2019–2027 ($MILLION)
TABLE 17.GLOBAL BUBBLE TEA MARKET REVENUE FOR TAPIOCA PEARLS, BY REGION, 2019–2027 ($MILLION)
TABLE 18.GLOBAL BUBBLE TEA MARKET REVENUE FOR OTHERS, BY REGION, 2019–2027 ($MILLION)
TABLE 19.GLOBAL BUBBLE TEA MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 20.NORTH AMERICA BUBBLE TEA MARKET, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 21.NORTH AMERICA BUBBLE TEA MARKET REVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 22.NORTH AMERICA BUBBLE TEA MARKET REVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 23.NORTH AMERICA BUBBLE TEA MARKET REVENUE, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 24.U.S. BUBBLE TEA MARKET REVENUE, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 25.U.S. BUBBLE TEA MARKET REVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 26.U.S. BUBBLE TEA MARKET REVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 27.CANADA BUBBLE TEA MARKET REVENUE, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 28.CANADA BUBBLE TEA MARKET REVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 29.CANADA BUBBLE TEA MARKET REVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 30.MEXICO BUBBLE TEA MARKET REVENUE, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 31.MEXICO BUBBLE TEA MARKET REVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 32.MEXICO BUBBLE TEA MARKET REVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 33.EUROPE BUBBLE TEA MARKET REVENUE, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 34.EUROPE BUBBLE TEA MARKET REVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 35.EUROPE BUBBLE TEA MARKET REVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 36.EUROPE BUBBLE TEA MARKET REVENUE, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 37.UK BUBBLE TEA MARKET REVENUE, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 38.UK BUBBLE TEA MARKET REVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 39.UK BUBBLE TEA MARKET REVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 40.GERMANY BUBBLE TEA MARKET REVENUE, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 41.GERMANY BUBBLE TEA MARKET REVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 42.GERMANY BUBBLE TEA MARKET REVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 43.FRANCE BUBBLE TEA MARKET REVENUE, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 44.FRANCE BUBBLE TEA MARKET REVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 45.FRANCE BUBBLE TEA MARKET REVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 46.ITALY BUBBLE TEA MARKET REVENUE, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 47.ITALY BUBBLE TEA MARKET REVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 48.ITALY BUBBLE TEA MARKET REVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 49.REST OF EUROPE BUBBLE TEA MARKET REVENUE, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 50.REST OF EUROPE BUBBLE TEA MARKET REVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 51.REST OF EUROPE BUBBLE TEA MARKET REVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 52.ASIA-PACIFIC BUBBLE TEA MARKET REVENUE, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 53.ASIA-PACIFIC BUBBLE TEA MARKET REVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 54.ASIA-PACIFIC BUBBLE TEA MARKET REVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 55.ASIA-PACIFIC BUBBLE TEA MARKET REVENUE, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 56.CHINA BUBBLE TEA MARKET REVENUE, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 57.CHINA BUBBLE TEA MARKET REVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 58.CHINA BUBBLE TEA MARKET REVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 59.JAPAN BUBBLE TEA MARKET REVENUE, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 60.JAPAN BUBBLE TEA MARKET REVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 61.JAPAN BUBBLE TEA MARKET REVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 62.INDIA BUBBLE TEA MARKET REVENUE, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 63.INDIA BUBBLE TEA MARKET REVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 64.INDIA BUBBLE TEA MARKET REVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 65.AUSTRALIA BUBBLE TEA MARKET REVENUE, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 66.AUSTRALIA BUBBLE TEA MARKET REVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 67.AUSTRALIA BUBBLE TEA MARKET REVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 68.TAIWAN BUBBLE TEA MARKET REVENUE, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 69.TAIWAN BUBBLE TEA MARKET REVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 70.TAIWAN BUBBLE TEA MARKET REVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 71.REST OF ASIA-PACIFIC BUBBLE TEA MARKET REVENUE, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 72.REST OF ASIA-PACIFIC BUBBLE TEA MARKET REVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 73.REST OF ASIA-PACIFIC BUBBLE TEA MARKET REVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 74.LAMEA BUBBLE TEA MARKET REVENUE, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 75.LAMEA BUBBLE TEA MARKET REVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 76.LAMEA BUBBLE TEA MARKET REVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 77.LAMEA BUBBLE TEA MARKET REVENUE, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 78.BRAZIL BUBBLE TEA MARKET REVENUE, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 79.BRAZIL BUBBLE TEA MARKET REVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 80.BRAZIL BUBBLE TEA MARKET REVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 81.SAUDI ARABIA BUBBLE TEA MARKET REVENUE, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 82.SAUDI ARABIA BUBBLE TEA MARKET REVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 83.SAUDI ARABIA BUBBLE TEA MARKET REVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 84.SOUTH AFRICA BUBBLE TEA MARKET REVENUE, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 85.SOUTH AFRICA BUBBLE TEA MARKETREVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 86.SOUTH AFRICA BUBBLE TEA MARKETREVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 87.TURKEY BUBBLE TEA MARKETREVENUE, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 88.TURKEY BUBBLE TEA MARKET REVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 89.TURKEY BUBBLE TEA MARKETREVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 90.REST OF LAMEA BUBBLE TEA MARKETREVENUE, BY BASE INGREDIENT, 2019-2027 ($MILLION)
TABLE 91.REST OF LAMEA BUBBLE TEA MARKETREVENUE, BY FLAVOR, 2019-2027 ($MILLION)
TABLE 92.REST OF LAMEA BUBBLE TEA MARKETREVENUE, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 93.BOBABOX LIMITED: KEY EXECUTIVES
TABLE 94.BOBABOX LIMITED: COMPANY SNAPSHOT
TABLE 95.BOBABOX LIMITED: PRODUCT PORTFOLIO
TABLE 96.BUBBLE TEA HOUSE COMPANY: KEY EXECUTIVES
TABLE 97.BUBBLE TEA HOUSE COMPANY: COMPANY SNAPSHOT
TABLE 98.BUBBLE TEA HOUSE COMPANY: PRODUCT PORTFOLIO
TABLE 99.CUPPOTEE: KEY EXECUTIVES
TABLE 100.CUPPOTEE: COMPANY SNAPSHOT
TABLE 101.CUPPOTEE: PRODUCT PORTFOLIO
TABLE 102.FOKUS INC.: KEY EXECUTIVES
TABLE 103.FOKUS INC.: COMPANY SNAPSHOT
TABLE 104.FOKUS INC.: PRODUCT PORTFOLIO
TABLE 105.GONG CHA: KEY EXECUTIVES
TABLE 106.GONG CHA: COMPANY SNAPSHOT
TABLE 107.GONG CHA: PRODUCT PORTFOLIO
TABLE 108.LOLLICUP USA, INC.: KEY EXECUTIVES
TABLE 109.LOLLICUP USA, INC.: COMPANY SNAPSHOT
TABLE 110.LOLLICUP USA, INC.: PRODUCT PORTFOLIO
TABLE 111.SUMO'S (M) SDN BHD: KEY EXECUTIVES
TABLE 112.SUMO'S (M) SDN BHD: COMPANY SNAPSHOT
TABLE 113.SUMO'S (M) SDN BHD: PRODUCT PORTFOLIO
TABLE 114.TEN REN'S TEA TIME: KEY EXECUTIVES
TABLE 115.TEN REN'S TEA TIME: COMPANY SNAPSHOT
TABLE 116.TEN REN'S TEA TIME: PRODUCT PORTFOLIO
TABLE 117.THE BUBBLE TEA COMPANY: COMPANY SNAPSHOT
TABLE 118.THE BUBBLE TEA COMPANY: PRODUCT PORTFOLIO
TABLE 119.TROIKA JC.: COMPANY SNAPSHOT
TABLE 120.TROIKA JC.: PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 01.KEY MARKET SEGMENT
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.TOP IMPACTING FACTORS
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.PARENT/PEER MARKET OVERVIEW
FIGURE 06.INDUSTRY PAIN POINT ANALYSIS
FIGURE 07.SUPPLY CHAIN ANALYSIS
FIGURE 08.PRICING ANALYSIS FOR BUBBLE TEA MARKET
FIGURE 09.BUBBLE TEAMARKET: DRIVERS, RESTRAINTS, AND OPPORTUNITIES
FIGURE 10.GLOBAL BUBBLE TEA MARKET, BY BASE INGREDIENT, 2019 (%)
FIGURE 11.COMPARATIVE SHARE ANALYSIS OF GLOBAL BUBBLE TEA MARKET REVENUE FOR BLACK TEA, BY COUNTRY, 2019 & 2027 (%)
FIGURE 12.COMPARATIVE SHARE ANALYSIS OF GLOBAL BUBBLE TEA MARKET REVENUE FOR GREEN TEA, BY COUNTRY, 2019 & 2027 (%)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF GLOBAL BUBBLE TEA MARKET REVENUE FOR OOLONG TEA, BY COUNTRY, 2019 & 2027 (%)
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF GLOBAL BUBBLE TEA MARKET REVENUE FOR WHITE TEA, BY COUNTRY, 2019 & 2027 (%)
FIGURE 15.GLOBAL BUBBLE TEA MARKET, BY FLAVOR, 2019 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF GLOBAL BUBBLE TEA MARKET REVENUE FOR ORIGINAL FLAVOR, BY COUNTRY, 2019 & 2027 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF GLOBAL BUBBLE TEA MARKET REVENUE FOR COFFEE FLAVOR, BY COUNTRY, 2019 & 2027 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF GLOBAL BUBBLE TEA MARKET REVENUE FOR FRUIT FLAVOR, BY COUNTRY, 2019 & 2027 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF GLOBAL BUBBLE TEA MARKET REVENUE FOR CHOCOLATE FLAVOR, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF GLOBAL BUBBLE TEA MARKET REVENUE FOR OTHERS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 21.GLOBAL BUBBLE TEA MARKET, BY COMPONENT, 2019 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF GLOBAL BUBBLE TEA MARKET REVENUE FOR FLAVOR, BY COUNTRY, 2019 & 2027 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF GLOBAL COSTUME JEWELRY MARKET REVENUE FOR CREAMER, BY COUNTRY, 2019 & 2027 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF GLOBAL BUBBLE TEA MARKET REVENUE FOR SWEETENER, BY COUNTRY, 2019 & 2027 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF GLOBAL BUBBLE TEA MARKET REVENUE FOR LIQUID, BY COUNTRY, 2019 & 2027 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF GLOBAL BUBBLE TEA MARKET REVENUE FOR TAPIOCA PEARLS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF GLOBAL BUBBLE TEA MARKET REVENUE FOR OTHERS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 28.BUBBLE TEA MARKET, BY REGION, 2019-2027
FIGURE 29.U.S. BUBBLE TEA MARKET, 2019-2027 ($MILLION)
FIGURE 30.CANADA BUBBLE TEA MARKET, 2019-2027 ($MILLION)
FIGURE 31.MEXICO BUBBLE TEA MARKET, 2019-2027 ($MILLION)
FIGURE 32.UK BUBBLE TEA MARKET, 2019-2027 ($MILLION)
FIGURE 33.GERMANY BUBBLE TEA MARKET, 2019-2027 ($MILLION)
FIGURE 34.FRANCE BUBBLE TEA MARKET, 2019-2027 ($MILLION)
FIGURE 35.ITALY BUBBLE TEA MARKET, 2019-2027 ($MILLION)
FIGURE 36.REST OF EUROPE BUBBLE TEA MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 37.CHINA BUBBLE TEA MARKET, 2019-2027 ($MILLION)
FIGURE 38.JAPAN BUBBLE TEA MARKET, 2019-2027 ($MILLION)
FIGURE 39.INDIA BUBBLE TEA MARKET, 2019-2027 ($MILLION)
FIGURE 40.AUSTRALIA BUBBLE TEA MARKET, 2019-2027 ($MILLION)
FIGURE 41.TAIWAN BUBBLE TEA MARKET, 2019-2027 ($MILLION)
FIGURE 42.REST OF ASIA-PACIFIC BUBBLE TEA MARKET, 2019-2027 ($MILLION)
FIGURE 43.BRAZIL BUBBLE TEA MARKET, 2019-2027 ($MILLION)
FIGURE 44.SAUDI ARABIA BUBBLE TEA MARKET, 2019-2027 ($MILLION)
FIGURE 45.SOUTH AFRICA BUBBLE TEA MARKET, 2019-2027 ($MILLION)
FIGURE 46.TURKEY BUBBLE TEA MARKET, 2019-2027 ($MILLION)
FIGURE 47.REST OF LAMEA BUBBLE TEA MARKET, 2019-2027 ($MILLION)
FIGURE 48.COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS
FIGURE 49.COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS
The global bubble teamarket holds a substantial scope for growthduring the forecast period. Presently, themarket is moving toward growing stage and is expected to garner steady growth in major markets, which include the U.S., Germany, China, India, and Brazil.
CXOs from the leading companies perceive that product innovation, development of newer flavor, and use of organic preservatives & color in the manufacturing process are the major areas of growth for the bubble tea market. Moreover, increase in disposable income and economic growth in advanced & emerging economies support the market growth. According to the CXOs, Europe is projected to register significant growth as compared to Asia-Pacific and North America due to rapid urbanization, rise in consumption of healthy beverages, and low price of bubble tea. Moreover, as per researches conducted by different reputed organizations, tea is proven to prevent different type of cancers, lower cholesterol, help boost immunity, facilitate weight loss, and prevent neurological diseases.This indicates that the health benefits associated with bubble tea are anticipated to drive the overall market.
Q1. What was the size of the global Bubble Tea Market in 2019?
A. The size of the global Bubble Tea Market in 2019 was $2,407.6 million. This was attributed due to rise in the consumption of tea based everages across the world.
Q2. How much will the global Bubble Tea Market be worth in the future?
A. The global Bubble Tea Market is expected to $4,368.6 million in 2027. This was attributed to rise in the fitness conscious people across the globe.
Q3. How can I get report sample of Bubble Tea Market?
A. To get the sample of bubble tea market report, click on the link (Please paste the link here).
Q4. What would be forecast period in the market report?
A. The forecast period in the global bubble tea market report is 2019-2027.
Q5. What are the segments of Bubble Tea Market?
A. The report segments the global bubble tea market based on base ingredient, flavors, component, and region.
Q6. Who are the emerging players in the Bubble Tea Market?
A. The emerging players in the Bubble Tea Market are Bubble Tea Supply Inc., ChaTime, CoCo Fresh, Quickly, Kung Fu Tea, Boba Loca, Happylemon, Share Tea, T Bun International, Fanale Drinks, Grand Chainly, and Huey-Yuhe Enterprise.
Q7. What are the Bubble Tea Market trends?
A. Rising number of fitness conscious consumers and rising demand for tea based beverages in youth generation across the globe is the current trend in the global bubble tea market..
Q8. Which region will provide more business opportunities for Bubble Tea Market in coming years?
A. Europe and LAMEA will provide more business opportunities for Bubble Tea Market in coming years.
Q9. What are the market values / growth % emerging countries?
A. Emerging countries such as China, India and Brazil growing with the CAGR of 8%, 9.5%, and 8.3% respectively.
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