Press release
Market 2019: Bubble Tea by Kung Fu Tea, Gong Cha, Boba Guys, Chatime, ShareTea, 8tea5, Quickly, CoCo Fresh, VIVI BUBBLE TEA
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.Over the next five years, Bubble Tea will register a 7.9% CAGR in terms of revenue, reach US$ 8460 million by 2023, from US$ 5370 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Bubble Tea market by product type, application, key manufacturers and key regions.
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Leading players of Bubble Tea including:
• Kung Fu Tea
• Gong Cha
• Boba Guys
• Chatime
• ShareTea
• 8tea5
• Quickly
• CoCo Fresh
• VIVI BUBBLE TEA
Segmentation by product type:
• Original Flavored Bubble Tea
• Fruit Flavored Bubble Tea
• Other Flavors
Segmentation by application:
• Kids Less than 10 years
• Teenagers less than 25 years
• Adults
This report also splits the market by region:
• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• Korea
• Southeast Asia
• Others
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Table of Content
1 Scope of the Report
2 Executive Summary
3 Global Market Demand
3.1 Segment Overview
3.1.1 Residential Use
3.1.2 Food process
3.2 Market Size by Demand
3.3 Market Forecast by Demand
3 Global Bubble Tea by Players
3.1 Global Bubble Tea Sales Market Share by Players
3.1.1 Global Bubble Tea Sales by Players (2016-2018)
3.1.2 Global Bubble Tea Sales Market Share by Players (2016-2018)
3.2 Global Bubble Tea Revenue Market Share by Players
3.2.1 Global Bubble Tea Revenue by Players (2016-2018)
3.2.2 Global Bubble Tea Revenue Market Share by Players (2016-2018)
3.3 Global Bubble Tea Sale Price by Players
3.4 Global Bubble Tea Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Bubble Tea Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Bubble Tea Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2016-2018)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Bubble Tea by Regions
5 Americas
6 APAC
Continued…!
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