Global bubble market dynamics, regional analysis, segmentation, competitive landscape, COVID-19 impact, recent developments and SWOT analysis of key players such as – Lollicup USA Inc, CuppoTee Company, Bubble Tea House Company, Ten Rens Tea Time, Boba Box Limited, Gong Cha USA , Focus Inc, Kung Fu Tea, Chatime
This press release was originally distributed by SBWire
London, UK – (SBWIRE) – 03/30/2022 – The Global Bubble Tea Market Size 2022-2028 study consists of details related to the market dynamics, the information on which segments are growing in the industry, who is the most important role players what are their market strategies and stocks within the industry. This study provides detailed information on the historical data indicators of the global market as well as market forecasts by region / country for the sectors and sub-sectors. This includes data related to market sales volume, average prices, revenue generated, gross margin, trends, historical information and future dynamics. It provides detailed data on all areas, as well as assessment of all segments, categories, for regional and country level market.
It provides valuable information to companies, individual investors, key stakeholders and others as they evaluate the Bubble Tea market. The trend in global industry is examined to gain a better knowledge of the current or future market scenario. As the data we provide in the report is from the supply side of the industry, the data provided therefore provides information on the year-on-year growth for major regions and verticals in the industry. To maintain the highest level of accuracy, we closely monitor the methodology we use. We conduct interviews and desk research to make sure all the figures and tables are in line with the market scenario.
The global bubble market is valued at around USD 1945.6 million in 2017 and is expected to grow with a healthy growth rate of more than 8.5% over the forecast period 2021-2027.
Get free PDF sample report report: (including complete TOC, list of tables and figures, graph) @ https://www.intelligencemarketreport.com/report-sample/42557
The global bubble market is the market of tea which becomes mainly flavored drinks consisting of tea as the basic component and sticky tapioca balls. The bubble tea originated in Taiwan in the year 1980 and later received attention in other Asia-Pacific countries. Basically, bubble tea is considered to be brewed black tea or green tea that is precisely mixed with milk, sugar along with sticky tapioca pearls, and usually served cold with ice. Known under various names such as pearl milk tea, bubble milk tea, boba juice, bobate tea, or simply bubble tea, refreshingly flavored fruit tea and milk tea, serve ice cold or hot, with natural cherry tapioca balls that you suck through a large fat straw. Bobatee or bubble tea are usually of two categories based on their content, which are tea (without milk) and milk tea. This type of tea comes with several bases that include black, green or oolong tea and in many flavors that include both fruit and non-fruit. The milk tea mainly includes condensed milk, powdered milk or fresh milk. Several boba shops like to offer Asian-style smoothies that include a dairy base along with fresh fruit or fruit-flavored powder (but no tea).
Bubble tea contains tapioca which is a good source of carbohydrates for fast energy. however, bubble tea has no potential health benefits as such. The bubble tea market is driven mainly due to cost effective price taking into account the world scenario. However, the addition of artificial preservatives along with color and presence of excess sugar in bubble tea act as limiting factors when market growth is taken into account. The emergence of new flavors of bubble tea and the reduction of demand for carbonated beverages are paving the way for opportunities for market expansion. Thus, the number of fully dedicated outlets for bubble tea is increasing and becoming popular.
The research study contains profiles of leading companies operating in the global bubble market:
Lollicup USA Inc
Bubble Tea House Company
Ten Clean Tea Time
Boba Box Limited
Gong Cha USA
Kung Fu Tea
The Bubble Tea report is compiled after examining the elements that act as an influential role in regional growth, including the region’s socio-economic pathways of the market, the technological, environmental and political situation. Our researchers looked closely at the revenue of each major region, their production data across major segments. This chapter examines revenue and volume per region for the predicted time frame. This kind of information provided in the study will help our readers to be informed about the market and help them to better determine the investment or selling points.
Based on segmentation, bubble tea market is divided into end user and type. Based on the end-user segment, the global bubble market is divided into three main categories, which include children (
Based on type, the global bubble market is divided into original flavor, fruit flavor and others. The fruit flavor bubble tea segment dominates the global bubble market with 56.18% revenue share in 2016. High consumer preference for this type of bubble tea is due to their exotic flavors and high nutritional value. Fruit-based bubble tea is much healthier than the original bubble tea. In addition, it offers more diverse options to the customers and an opportunity to reduce the added sugar content in the bubble tea which makes it healthier. Original bubble tea, on the other hand, has limited customization options and is therefore less in demand. Other flavors such as coffee-based, chocolate-based bubble tea are expected to grow over the forecast period.
The detailed segments and sub-segment of the market are explained below:
By end user:
Children (Teens (Adults)
For more inquiries or queries @ https://www.intelligencemarketreport.com/send-an-enquiry/42557
The regional analysis of the global Bubble Tea market is being considered for key regions such as Asia-Pacific, North America, Europe, Latin America and the rest of the world. North America is primarily a coffee-consuming region, but with the shift from consumer interest to the rising tea trends, the whole paradigm of the North American beverage industry is changing. Increasing numbers of local and global outlets serving tea in the region and raising consumer awareness for health-conscious beverages are bringing the tea industry more and more choices for tea-curious drinkers. The European bubble market is expected to witness a competitive war between the local and foreign brands, as several established Asian bubble tea brands want to enter the region. UK and Italy are expected to be the most prominent targeted regions by these brands as these regions have experienced an increasing demand for non-carbonated beverages and increasing awareness for the health benefits of tea in these regions. Asia Pacific was the second largest market for bubble tea which contributed to a revenue share of 29.46% in 2017. Asia Pacific’s bubble market is expected to grow to USD 1175.9 million by 2025 at a healthy CAGR of 8.9% by 2025. Due to its origin from Taiwan, bubble tea has been a popular traditional drink in several Asian countries. However, the drink has recently gained the attention of consumers due to increasing popularity around the world and also the constant efforts of the bubble tea brands to innovate with the different bubble tea flavors and ingredients. In addition, the region has seen an increasing number of retail stores serving bubble tea and an increasing per capita income. Although there is a significant increase in the number of families joining middle-class groups worldwide, in 2017 almost 88% of the next 1 billion people joining the middle-class worldwide will be Asians.
Regional analysis covered in this report:
North America [United States, Canada]
Europe [Germany, France, U.K., Italy, Russia]
Asian Pacific [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia]
Latin America [Mexico, Brazil, Argentina]
Middle East and Africa [Turkey, Saudi Arabia, UAE]
(Note: The report will be updated with COVID-19 impact analysis before delivery)
This chapter within the study highlights and outlines the key role players of the Bubble Tea market. It helps the readers to understand the implemented strategies by the major role players and thus focus on the right path when they expand or enter the market. Highlighting the recent developments and the finances of the profiled companies gives an idea of the direction of the market. By using it as an important footprint, other companies can chart their strategic moves and align the same when looking at their next big decision.
Table of contents and most important key points
Chapter 1. Executive Summary
Chapter 2. Global Bubble Tea Market Definition and Scope
Chapter 3. Global Bubble Tea Market Dynamics
Chapter 4. Global Bubble Tea Market Industry Analysis
Chapter 5. Global bubble market, by product
Chapter 6. Global bubble market, through distribution channel
Chapter 7. Global bubble market, regional analysis
Chapter 8. Competitive intelligence
Chapter 9. Research process
To find out more about the Bubble Tea market, contact us for a discussion / walkthrough on the topic. We will guide you through the process of making an informed decision which internally will channel the revenue path for our readers.
Key Questions Answered in the Bubble Tea Market Report:
How did the pandemic affect the market supply chain and production, which in turn affected revenue?
How has the market share scenario changed over the years and the reason for it?
What are the dynamics of the market, including the drivers as well as the opportunities?
Which segment, country or players lead the market and what works best for their strategic moves?
Buy Single User PDF Report @ https://www.intelligencemarketreport.com/checkout/42557
Head of Business Development and Strategy
Phone: +44 20 8144 2758
For more information on this press release visit: http://www.sbwire.com/press-releases/global-bubble-tea-market-size-growth-share-industry-trends-analysis-marketing-strategy-consumption-statistics – opportunities-scope-and-forecast-2027-1355462.htm