Press release
Global Bubble Tea Market 2018-2023 Analysis by Top Manufacturers Kung Fu Tea, Gong Cha Boba, Guys Chatime, ShareTea, 8tea5 Quickly CoCo, Fresh VIVI BUBBLE TEA
The Bubble Tea Original Flavored is the largest market with the share of 44.14% in 2017. Over the next five years, projects that Bubble Tea will register a 7.9% CAGR in terms of revenue, reach US$ 8460 million by 2023, from US$ 5370 million in 2017.Leaders Of The Industry :- Kung Fu Tea, Gong Cha Boba, Guys Chatime, ShareTea, 8tea5 Quickly CoCo, Fresh VIVI BUBBLE TEA and so on.
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Furthermore, years considered for the study are as follows:
Historical year 2013, 2016
Base year 2017
Forecast period 2018 to 2023
Bubble tea (also known as pearl milk tea, bubble milk tea, boba juice, boba tea, or simply boba) is a Taiwanese tea-based drink invented in Tainan and Taichung in the 1980s. Most bubble tea recipes contain a tea base mixed with fruit or milk, to which chewy tapioca balls (known as bubbles, pearls, or boba) and fruit jelly are often added. Ice-blended versions are usually mixed with fruit or syrup, resulting in a slushy consistency. There are many varieties of the drink with a wide range of ingredients. The two most popular varieties are bubble milk tea with tapioca and bubble milk green tea with tapioca.
According to applications, Bubble Tea is spilt into Kids (
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