Bubble Tea Market Acquire Huge Growth, Global Opportunities and Trends to 2030

Global Bubble Tea Market 2023-2030, report discovers comprehensive insights on key manufacturers with share information, market size and projection, key dynamics, growth factors, and new company profiles. The report provides detailed information about the market overview, prevalent trends, demand, and recent developments impacting the market growth in the coming years. Bubble Tea Market opportunities analysis, strategic growth analysis, product launches, marketplace expanding, and technological innovations are also highlighted. The report uncovers Bubble Tea market size, potential growth, trends and expansion strategies followed by top prominent players.

The Global Bubble Tea Market Size Was Valued At USD 2.17 Billion In 2021. The Market Is Projected To Grow From USD 2.29 Billion In 2022 To USD 3.78 Billion By 2030, Exhibiting A CAGR Of 7.40% During The Forecast Period.

𝗚𝗲𝘁 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙 𝗖𝗼𝗽𝘆 𝗼𝗳 𝗟𝗮𝘁𝗲𝘀𝘁 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗼𝗻 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 2023 𝗕𝗲𝗳𝗼𝗿𝗲 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲:
https://www.contrivedatuminsights.com/request-sample/248561

The COVID-19 pandemic has been shocking and has never happened before. As a result, the demand for bubble tea is lower than expected in all areas compared to before the pandemic. Our research shows that the world market will grow 2.76 percent less in 2020 than it did in 2019.
Bubble Tea kept getting more and more popular in the area where it began. It then spread to other western countries like Canada and the U.K., where it is now a mainstay because of its unique recipe. This popular sweet tea is made with high-quality milk, tapioca pearls, fruit powder, creamer, and sweeteners. Bubble milk tea has become a worldwide cultural icon. It shows how Taiwan is trying to improve its reputation in the food service business by coming up with new food ideas. Nextrends Asia 2021 showed, among other things, that from 2018 to 2021, Taiwan's exports of the raw materials, packaging, and machinery used to make pearl milk tea went up by 330%. Also, the growth of gastronomic tourism, the rise of health-conscious people, and the impact of social media have all helped the country's potential to grow.

𝗦𝗼𝗺𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗸𝗲𝘆 𝗽𝗹𝗮𝘆𝗲𝗿𝘀 𝗽𝗿𝗼𝗳𝗶𝗹𝗲𝗱 𝗶𝗻 𝘁𝗵𝗲 𝘀𝘁𝘂𝗱𝘆 𝗮𝗿𝗲
Chatime Group (China), Gong Cha (Taiwan), Coco Fresh Tea & Juice (Taiwan), Quickly (U.S.), Xing Fu Tang (Taiwan), Lollicup USA, Inc. (U.S.), TIGER SUGAR (China), Yummy Town (Cayman) Holdings Corporation (Happy Lemon) (Taiwan), O.I. The Co, LTD. (Taiwan), and Others.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻:

By Type:
• Black Tea
• Green Tea
• Oolong Tea
• White Tea
• Others

By Flavor:
• Fruit
• Original
• Chocolate
• Coffee
• Others

𝗚𝗲𝗼𝗴𝗿𝗮𝗽𝗵𝗶𝗰𝗮𝗹𝗹𝘆, 𝘁𝗵𝗲 𝗱𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗼𝗳 𝗰𝗼𝗻𝘀𝘂𝗺𝗽𝘁𝗶𝗼𝗻, 𝗿𝗲𝘃𝗲𝗻𝘂𝗲, 𝗺𝗮𝗿𝗸𝗲𝘁 𝘀𝗵𝗮𝗿𝗲 𝗮𝗻𝗱 𝗴𝗿𝗼𝘄𝘁𝗵 𝗿𝗮𝘁𝗲, 𝗵𝗶𝘀𝘁𝗼𝗿𝗶𝗰 𝗮𝗻𝗱 𝗳𝗼𝗿𝗲𝗰𝗮𝘀𝘁𝘀 (2023-2030) 𝗼𝗳 𝘁𝗵𝗲 𝗳𝗼𝗹𝗹𝗼𝘄𝗶𝗻𝗴 𝗿𝗲𝗴𝗶𝗼𝗻𝘀 𝗮𝗿𝗲 𝗰𝗼𝘃𝗲𝗿𝗲𝗱:
• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀:
In 2021, the Asia-Pacific market was worth USD 0.90 billion and had the largest share. Countries like Vietnam and Taiwan are likely to sell the most. Manufacturers or business owners in the boba tea industry are opening their own restaurants or cafes to attract customers and strengthen their presence on the market. In September 2020, Chen Shucheng opened a bubble milk tea franchise called Meme Xpress in Singapore.
North America has the second-largest share of the bubble tea market, after Asia and the Pacific. This is likely to stay the same during the forecast period. Tea-based drinks are becoming more popular, so people in North America are slowly drinking more of this tea. Also, there are more boba stores in the U.S. and Canada now that people are more interested in drinks with no or little alcohol. Because of this, the market has grown even more.
The market for pearl milk tea grew in both Asia and Europe around the same time. In 2009, boba drink factories for brands like CHATIME and Bubbolitas opened for the first time. Since then, the market has continued to go up. For example, the first Italian bubble tea chain, Frankly, grew by about 148% in June 2022 compared to June 2021 thanks to a crowdfunding campaign. Because the campaign made so much money, it will go on for longer. Because of this, the company wants to add more products and build up its brand. These kinds of projects make the huge growth potential of the companies even bigger.
Also, tea and coffee are very important in Europe and Scandinavia, and people are eager to try new fruity, herbal, and pearl milk teas. Europe doesn't make much tea on its own, either. Most of its tea comes from other places, though. This makes the market grow less quickly.
The number of sales in South America is likely to go up in the coming years. As a result of globalisation, new trends have started to hit the food service market, making young people more likely to try new drinks. But people in South American countries like Argentina and Brazil drink coffee more than tea. Still, businesses are trying to bring new drinks to the market, like bubble milk tea.
Pearl milk tea is often drunk as a social drink or as a sign of hospitality in the Middle East and Africa, where growth is slower. Food from different cultures is becoming more popular in the area, and people's growing interest in health and wellness is likely to help the growth. Using new methods like molecular nitrogenation gives the old recipe a new twist. This gives the market more ways to grow, which helps it grow more quickly.

𝗧𝗼 𝗚𝗲𝘁 𝗖𝗼𝗺𝗽𝗹𝗲𝘁𝗲 𝗔𝗰𝗰𝗲𝘀𝘀 𝗢𝗳 𝗧𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁 𝗖𝗹𝗶𝗰𝗸 𝗛𝗲𝗿𝗲:
https://www.contrivedatuminsights.com/buy/248561

𝗧𝗮𝗯𝗹𝗲 𝗼𝗳 𝗖𝗼𝗻𝘁𝗲𝗻𝘁:
1. Executive Summary
2. Research Methodology
3. Market Outlook
4. Covid-19 Impact On Bubble Tea Market
5. Bubble Tea Market Overview, By Segmentation, 2017 - 2030 (USD Million)
6. Bubble Tea Market Overview, By Geography, 2017 - 2030 (USD Million)
7. North America Bubble Tea Market Overview, By Countries, 2017 - 2030 (USD Million)
8. Europe Bubble Tea Market Overview, By Countries, 2017 - 2030 (USD Million)
9. Asia Pacific Bubble Tea Market Overview, By Countries, 2017 - 2030 (USD Million)
10. Middle East & Africa Bubble Tea Market Overview, By Countries, 2017 - 2030 (USD Million)
11. South America Bubble Tea Market Overview, By Countries, 2017 - 2030 (USD Million)
12. Competitive Landscape
13. Key Vendor Analysis
14. Bubble Tea Market Cost Analysis
15. Industrial Chain, Sourcing Strategy and Downstream Buyers
16. Marketing Strategy Analysis, Distributors/Traders
17. Market Effect Factors Analysis
18. Future Outlook of the Market

𝗥𝗲𝗮𝗱 𝗗𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝗜𝗻𝗱𝗲𝘅 𝗼𝗳 𝗳𝘂𝗹𝗹 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗦𝘁𝘂𝗱𝘆 𝗮𝘁
https://www.contrivedatuminsights.com/product-report/bubble-tea-market-248561

𝗪𝗵𝘆 𝗬𝗼𝘂 𝗦𝗵𝗼𝘂𝗹𝗱 𝗕𝘂𝘆 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁:
1. The forecast for the established and growing markets for global Bubble Tea Market.
2. Use Porter's Five Forces analysis to analyze various market perspectives.
3. The market segment that is anticipated to dominate the Bubble Tea industry worldwide.
4. Geographical areas that are anticipated to experience the quickest growth over the projection period.
5. Identify the most recent innovations, market shares for global Bubble Tea and marketing techniques used by the leading industry competitors.

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𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗨𝘀:
Anna B. | Head Of Sales
Contrive Datum Insights
Phone: +91 9834816757 | +1 2152974078
Email: anna@contrivedatuminsights.com

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:
Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting services to officials at various sectors such as investment, information technology, telecommunication, consumer technology, and manufacturing markets. CDI assists investment communities, business executives, and IT professionals to undertake statistics-based accurate decisions on technology purchases and advance strong growth tactics to sustain market competitiveness. Comprising of a team size of more than 100 analysts and cumulative market experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry knowledge combined with global and country-level expertise.

This release was published on openPR.