Bubble Tea Market Set to Reach Valuation of USD 1,119.56 Million by 2029, Size, Share, Demand, Future Growth, Challenges and Competitive Outlook Report
The large scale Bubble Tea market report gives market analysis by taking into account market structure along with forecast of the various segments and sub-segments of the Food & Beverage industry. An exhaustive analysis of factors influencing the investment is also provided in this report which forecasts impending opportunities for the businesses and develops the strategies to improve return on investment (ROI). The data and the information concerning the Food & Beverage industry are derived from consistent sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts.
To prosper in this competitive market place, businesses are highly benefited if they adopt innovative solutions such as Bubble Tea market research report. A number of estimations and calculations have been executed in this market report by assuming definite base year and the historic year. The report also provides the knowledge of all the drivers and restraints which are derived through SWOT analysis. The large scale Bubble Tea market report considers various factors that have great effect on the growth of business which includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the Food & Beverage industry.
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Global Bubble Tea Market Analysis and Size
Numerous assortments of the beverage are being consumed with a wide scope of fixings. Air pocket milk green tea with custard and bubble milk tea with custard are two most consumed varieties assortments among people. The beverage is a rich source of antioxidants, caffeine and vitamin C that assists in strengthening the immune system.
- Global Bubble Tea Market was valued at USD 596.79 million in 2021 and is expected to reach USD 1,119.56 million by 2029, registering a CAGR of 7.70%during the forecast period of 2022-2029. “Black tea” accounts for the largest ingredient segment owing to the authentic natural flavor of black tea. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Global Bubble Tea Market Definition
Bubble tea, also known as bubble milk tea, boba tea, pearl milk tea, boba juice, or simply boba, refers to a Taiwanese tea-based drink that was initially invented in Tainan and Taichung in the 1980s. Most of the bubble tea recipes consist of tea base mixed with milk or fruit, to which balls (pearls, bubbles, or boba) and fruit jelly are often added.
Report Scope and Market Segmentation
| REPORT METRIC | DETAILS |
| Forecast Period | 2022 to 2029 |
| Base Year | 2021 |
| Historic Years | 2020 (Customizable to 2019 – 2014) |
| Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
| Segments Covered | Ingredient (Black Tea, Green Tea, Oolong Tea, and White Tea), Flavour (Original Flavour, Coffee Flavour, Fruit Flavour, Chocolate Flavour, Others), Component (Flavour, Creamer, Sweetener, Liquid, Tapioca Pearls, Others) |
| Countries Covered | U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA) |
| Market Players Covered | Lollicup USA Inc. (US), CuppoTee Company (Taiwan), Bubble Tea House Company (India), Ten Ren’s Tea Time (US), Boba Box Limited (UK), Sumos Sdn Bhd (Malaysia), Boba Tea Company (US), Troika JC. (Qbubble) (US), Fokus Inc., (Taiwan), Tea Time (China), Kuaikeli Enterprise Co., Ltd. (China), COCO International Co., Ltd. (Vietnam), Kung Fu Tea (US), Gong Cha (China), Boba Guys (US), Chatime (Taiwan), ShareTea (US), and Coco Fresh (India), among others |
| Market Opportunities |
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Bubble Tea Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
- Consumption of Tea
The increase in the consumption of tea and coffee as nootropic drinks among students and working-class population acts as one of the major factors driving the growth of bubble tea market. The high consumption of tea among population who have busy working lifestyle as it is easy to prepare assist in the growth of market.
- Prevalence of Cardiovascular Diseases
The rise in the prevalence of cardiovascular diseases, diabetes, and oral bacteria, accelerate the market growth. The tea is known for reducing the occurrences of these diseases.
- Health Consciousness
The rise in the health consciousness among population further influences the market. The consumption of bubble tea is known to strengthen immune system, decline inflammation, boost energy and enhance cardiovascular health.
Additionally, change in lifestyle, increase in the disposable income and rise in awareness regarding the benefits of the beverage positively affect the bubble tea market.
Opportunities
Furthermore, various product innovations, such as the launch of bubble teas in exotic flavors extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, aesthetically appealing packaging will further expand the market.
Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Bubble Tea Market
Chapter 3: Regional analysis of the Global Bubble Tea Market industry
Chapter 4: Bubble Tea Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
Fundamental Aim of Bubble Tea Market Report
In the Bubble Tea market, every company has goals, but this report focus in on the most important ones, allowing you to gain insight into the competition, the future of the market, potential new products, and other useful information that can boost your sales significantly.
- Factors Influencing the Bubble Tea Market Size and growth rate.
- Major alterations to the Bubble Tea Market in the near future.
- Notable Market rivals around the world.
- The Bubble Tea Market’s Future Scope and Product Outlook
- Future-promising emerging markets.
- The Market Presents Difficult Challenges and Threats.
- Sales data and profiles of the world’s leading Bubble Tea Market
Download the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-bubble-tea-market
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