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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.
Asia-Pacific is estimated to have a major share in the global market with 59%.
Market Analysis and Insights: Global Bubble Tea Market
The global Bubble Tea market was valued at US$ 8062.1 in 2020 and will reach US$ 23010 million by the end of 2027, growing at a CAGR of 19.1% during 2022-2027.
Global Bubble Tea Scope and Market Size
The global Bubble Tea market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Bubble Tea market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Classic/Original
Fruit Flavored
Other Flavors
The segment of classic or original holds a comparatively larger share in global market, which accounts for about 53%.
Segment by Application
18-25 years old
26-35 years old
36-45 years old
Other Groups
The 18-25 years old holds an important share in terms of applications, and accounts for 35% of the market share.
The Bubble Tea market is analysed and market size information is provided by regions (countries). Segment by Application, the Bubble Tea market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Kung Fu Tea
Gong Cha
Boba Guys
Chatime
ShareTea
8tea5
Quickly
CoCo Fresh
ViVi Bubble Tea
Asia-Pacific is estimated to have a major share in the global market with 59%.
Market Analysis and Insights: Global Bubble Tea Market
The global Bubble Tea market was valued at US$ 8062.1 in 2020 and will reach US$ 23010 million by the end of 2027, growing at a CAGR of 19.1% during 2022-2027.
Global Bubble Tea Scope and Market Size
The global Bubble Tea market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Bubble Tea market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Classic/Original
Fruit Flavored
Other Flavors
The segment of classic or original holds a comparatively larger share in global market, which accounts for about 53%.
Segment by Application
18-25 years old
26-35 years old
36-45 years old
Other Groups
The 18-25 years old holds an important share in terms of applications, and accounts for 35% of the market share.
The Bubble Tea market is analysed and market size information is provided by regions (countries). Segment by Application, the Bubble Tea market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Kung Fu Tea
Gong Cha
Boba Guys
Chatime
ShareTea
8tea5
Quickly
CoCo Fresh
ViVi Bubble Tea
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
