Bubble-tea-market to reach USD 1,119.56 million by 2029 | Market analyzed by Size, Trends, Analysis, Future Scope, and Demand Forecast
Numerous assortments of the beverage are being consumed with a wide scope of fixings. Air pocket milk green tea with custard and bubble milk tea with custom tard are the two most consumed varieties assortments among people. The beverage is a rich source of antioxidants, caffeine and vitamin C that assists in strengthening the immune system.
The bubble Tea Market was valued at USD 596.79 million in 2021 and is expected to reach USD 1,119.56 million by 2029, registering a CAGR of 7.70%during the forecast period of 2022-2029. "Black tea" accounts for the largest ingredient segment owing to the authentic natural flavor of black tea. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption ana behavior tend analysis and consumer behaviour.
An international BUBBLE-TEA-MARKET market research report helps to identify trends in consumer and supply chain dynamics and accordingly interpret marketing, promotional and sales strategies for business growth and an utmost success. This market report aids in developing a successful marketing strategy for the business. The market document has been prepared based on detailed market analysis with inputs from industry experts. It includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. BUBBLE-TEA-MARKET market analysis report gives maximum benefits to grow the business.
Global Bubble Tea Market Definition
Bubble tea, also known as bubble milk tea, Bubble tea, pearl milk tea, boba juice, or simply boba, refers to a Taiwanese tea-based drink that was initially invented in Tainan and Taichung in the 1980s. Most of the bubble tea recipes consist of tea base mixed with milk or fruit, to which balls (pearls, bubbles, or boba) and fruit jelly are often added.
Restraints/Challenges Global Bubble Tea Market
On the other hand, preference toward organic beverages and excess sugar content in these drinks leading to health issues are expected to obstruct market growth. Also, concerns regarding presence of artificial preservatives in bubble tea are projected to challenge the bubble tea market in the forecast period of 2022-2029.
This bubble tea market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on bubble tea market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
With a systematic problem analysis, model building and fact-finding, such large scale BUBBLE-TEA-MARKET market report helps businesses in decision-making and managing marketing of goods and services. The data and the information regarding ABC industry are taken from reliable sources such as websites, annual reports of the companies, and journals etc. and were checked and validated by the market experts. This industry report provides statistics on the current state of the industry as a valuable source of guidance and direction for companies and investors interested in this market. BUBBLE-TEA-MARKET is the most relevant, unique, fair, and creditable global market research report which suits business needs.
Covid-19 Impact on Bubble Tea Market
The COVID-19 has impacted bubble tea market. The limited investment costs and lack of employees hampered sales and production of beverages. However, market key players adopted new safety measures for developing the products. The online distribution channel changing the shopping habits of people as it offers benefits such as easy payment methods, availability of a wide range of products, doorstep delivery and heavy discounts assisted in the growth of the market during the pandemic, and will further accelerate the growth during the post-pandemic situation.
TA Associates announced an investment in Gong Cha Group in August'2019. The company aims to witness high growth business opportunities.
Secret recipe launched a series of boba tea flavors in Jube'2019. The series include flavors, such as caramel, boba milk tea, boba brown sugar milk tea, boba signature tea and boba mignight blue.
Request access for free sample report: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-bubble-tea-market
Bubble Tea Market Regional Analysis/Insights
The countries covered in the bubble tea market report are
• Mexico in North America,
• Rest of Europe in Europe,
Competitive Landscape and Bubble Tea Market Share Analysis
Some of the major players operating in the bubble tea market are:
• Lollicup USA Inc. (US)
• CuppoTee Company (Taiwan)
• Bubble Tea House Company (India)
• Ten Ren's Tea Time (US)
• Boba Box Limited (UK)
• Sumos Sdn Bhd (Malaysia)
• Boba Tea Company (US)
• Troika JC. (Qbubble) (US)
• Fokus Inc. (Taiwan),
• Tea Time (China)
• Kuaikeli Enterprise Co., Ltd. (China)
• COCO International Co., Ltd. (Vietnam)
• Kung Fu Tea (US)
• Gong Cha (China)
• Boba Guys (US),
• Chatime (Taiwan)
• ShareTea (US)
• Coco Fresh (India)
Some of the key questions answered in this report:
• How has the Bubble-tea-marketperformed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Global Tissue Engineered Skin Substitutes Market?
• What are the key regional markets?
• What is the breakup of the market based on the procedure?
• What is the breakup of the market based on the injury location?
• What is the breakup of the market based on the end user?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the Bubble-tea-marketand who are the key players?
• What is the degree of competition in the industry?
MAJOR TOC OF THE REPORT
• Chapter One: Introduction
• Chapter Two: Market Segmentation
• Chapter Three: Market Overview
• Chapter Four: Executive Summary
• Chapter Five: Premium Insights
• Chapter Six: Bubble-tea-marketShare by Product & Procedure type
Get TOC Details:
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