Bubble Tea Market to Obtain Overwhelming Growth of USD 1,119.56 million by 2029, Size, Share, Trends, Growth Opportunities and Competitive Outlook

Published September 21, 2023

“An influential  Bubble Tea Market  report contains the most recent market information, allowing companies to conduct in-depth analysis of the Bubble Tea Market industry and future trends. It also helps gauge brand awareness and insights among potential customers, uncovering uncertainties that may arise due to changes in business activities or the introduction of new products to the market. This market analysis report is a detailed study of the Bubble Tea Market industry, explaining market definitions, classifications, applications, engagements, and global industry trends. The Bubble Tea Market research report serves as a significant component of business strategy.

Furthermore, for businesses, understanding consumer demands, preferences, attitudes, and changing tastes regarding specific products is crucial. This valuable information can be gleaned from the credible Bubble Tea Market report. The report also sheds light on the various inhibitors and motivators of the product market in both quantitative and qualitative approaches, providing accurate information. The Bubble Tea Market report also presents an analysis of prime manufacturers, trends, opportunities, marketing strategies, market impact factors, and consumer needs across major regions, types, and applications globally, while considering the past, present, and future state of the Bubble Tea Market industry.

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.

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Bubble Tea Market

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

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
  • Increase in the consumption of tea and coffee as nootropic drinks among students and working-class population
  • Rise in the prevalence of cardiovascular diseases
  • Various product innovations, such as the launch of bubble teas in exotic flavors
 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.


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.

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The bubble tea market is segmented on the basis of ingredients, flavours and component. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Base Ingredient

  • Black Tea
  • Green Tea
  • Oolong Tea
  • White Tea

On the basis of base ingredient, the bubble tea market is divided into black tea, green tea, oolong tea, and white tea.


  • Original Flavour
  • Coffee Flavour
  • Fruit Flavour
  • Chocolate Flavour
  • Others

On the basis of flavour, the bubble tea market is categorized into original flavour, coffee flavour, fruit flavour, chocolate flavour, and others.


  • Flavour
  • Creamer
  • Sweetener
  • Liquid
  • Tapioca Pearls
  • Others

On the basis of component, the bubble tea market is classified into flavour, creamer, sweetener, liquid, tapioca pearls and others.

The report can answer the following questions:

  • Global major manufacturers’ operating situation (sales, revenue, growth rate and gross margin) of Bubble Tea Market
  • Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Bubble Tea Market
  • Different types and applications of Bubble Tea Market share of each type and application by revenue.
  • Global of  Bubble Tea Market  size (sales, revenue) forecast by regions and countries from 2022 to 2028 of Bubble Tea Market
  • Upstream raw materials and manufacturing equipment, industry chain analysis of Bubble Tea Market
  • SWOT analysis of Bubble Tea Market
  • New Project Investment Feasibility Analysis of Bubble Tea Market

Key Questions Answered in This Report: –

  • How has this Bubble Tea Market performed so far and how will it perform in the coming years?
  • Which are the key product types available in this Bubble Tea Market?
  • Which are the major application areas in the Bubble Tea Market?
  • What are the key distribution channels in the global Bubble Tea Market?
  • What are the key regions in this Bubble Tea Market?
  • What are the price trends?
  • What are the various stages in the value chain of this industry?
  • What are the key driving factors and challenges in the market?

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