Bubble Tea Market size was USD 2.1 billion in 2019 and is expected to register a compounded annual growth rate (CAGR) of 8% from 2021 to 2027.
Growing consumption of tea and coffee as a nootropic beverage among students and working-class population is a key factor in the growth of the market. In addition, the fat-free and low-calorie content of these beverages is driving demand further. As the popularity of various types of hot drinks increases, the demand for bubble tea will increase, which will intensify the market growth.
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Some of the prominent players –
- Bobabox Ltd.
- Bubble Tea House Company
- Fokus, Inc.
- Gong Cha
- ChaTime
- Lollicup USA, Inc.
- Bubble Tea Supply, Inc.
By Product Type
- Black
- Green
- Oolong
- Others
By Flavor
- Classic
- Fruit
- Coffee
- Others
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Scope of the Report
The research study analyzes the global Bubble Tea industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Bubble Tea Market Report
1. What was the Bubble Tea Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Bubble Tea Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Bubble Tea Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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