Press release
Global Bubble Tea Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Stratistics MRC's Global Bubble Tea Market value is expected to reach $3.94 billion growing at a CAGR of 9.51% during 2023-2030.Bubble tea is a Taiwanese dish that is produced by combining a tea base with milk, fruit, and fruit juices before adding the distinctive "bubbles"-delicious tapioca pearls that settle at the bottom. These delightful fruit or tea infusions provide a pleasant and delightfully unusual drink and snack and may be served hot or cold. With a thick straw and clear glass, bubble tea is presented so that when you sip, tapioca balls, also known as "pearls" or "boba," shoot up and can be eaten along with the delectable tea. The tapioca balls and the spherical "bubbles" produced by the vigorous shaking used in blending give bubble tea its name.
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South America is projected to have the highest CAGR over the forecast period, owing to the sales volume of the items would increase in South America. Different trends have begun to affect the food service industry due to globalisation, which has influenced the younger generation to try different beverages. However, in South American nations like Argentina and Brazil, where tea is less popular than coffee, it is still consumed.
Some of the key players profiled in the Bubble Tea Market include Chatime Group, Gong Cha, Coco Fresh Tea & Juice, Tiger Sugar, Lollicup USA. Inc, Xing Fu Tang, Quickly, Yummy Town, Bobabox Ltd, Bubble Tea House Company, Fokus, Inc, T Bun International, Ten Ren's Tea Time, Troika JC, Boba Tea Company, CuppoTee Company and Kuaikeli Enterprise Co., Ltd.
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Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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