Global Bubble Tea Market Study Analysis: The Bubble Tea Market Is Likely To Grow At A CAGR Of 12%

The global Bubble Tea market is expected to grow from $ billion in 2020 to $ billion in 2028 at a CAGR of 12%. Bubble tea is also known as pearl milk tea and is invented in Taiwan. The bubble tea recipe contains a tea base that is mixed with milk or fruit. There are many varieties of drinks with a wide range of ingredients.

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Global Bubble Tea Drivers And Restrain:
The major factor contributing to the growth of the market includes the rising popularity of bubble tea. There is an increase in health-conscious people and there is an adoption of healthy beverages such as black tea, green tea, and white tea. There is an increase in the consumption of flavored bubble tea in the young generation that led to growing the market. Furthermore, there is an increase in the number of diseases such as diabetes and obesity due to the intake of sugar has led the consumer to shift towards sugar alternatives.
The major factor restraining the growth of the market includes the excess sugar content in these drinks that lead to health issues and the trend of coffee consumption. Furthermore, there is a change in consumer preference for organic beverages that hamper the market growth.

Covid-19 Scenario:
• Impact on Market Size
• End-User Trend, Preferences, and Budget Impact
• Regulatory Framework/Government Policies
• Key Players Strategy to Tackle Negative Impact
• Opportunity Window

Global Bubble Tea Market Segments:
The global Bubble Tea market is further segmented into base ingredient, flavor, component, and geography.
By Base Ingredient: Black Tea, Green Tea, Oolong Tea, and White Tea
By Flavor: Original Flavor, Coffee Flavor, Fruit Flavor, Chocolate Flavor, and Others
By Component: Flavor, Creamer, Sweetener, Liquid, Tapioca Pearls, and Others

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
• Rest of the World (Middle East & Africa and South America)

North America holds the largest market share owing to the rise in awareness regarding healthy lifestyles and higher adoption of healthy beverages by health-conscious consumers. Europe is anticipated to grow at the highest, due to an increase in the awareness of bubble tea in the region.

Key Players of Global Bubble Tea Market:
• Bobabox Limited
• Bubble Tea House Company
• Cuppotee
• Fokus Inc
• Gong Cha
• Lollicup USA, Inc
• Sumo's (M) SdnBhd
• Ten Ren's Tea Time
• The Bubble Tea Company
• Troika JC

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Key Questioned Answered Through The Report:
• The Impact of COVID-19 on the global market
• What are the potential opportunities for new entrants in the global market
• What is the market Size and Forecast from 2020 to 2028?
• Key Players associated with the global Testing, Inspection and Certification Market
• Value Chain Analysis of Global Testing, Inspection and Certification Market
• What is the CAGR of the global Testing, Inspection, and Certification Market from 2021 to 2028
• Major Growth Factor, Challenges, Trends, and Opportunities in the global market
• Key outcomes of SWOT Analysis

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