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Bubble Tea Market Sales Revenue to Cross US$ 1.46 Billion by 2032 End

04-06-2023 08:04 AM CET | IT, New Media & Software

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
Bubble Tea Market Sales Revenue to Cross US$ 1.46 Billion by 2032

Bubble tea, also known as boba tea or pearl milk tea, is a Taiwanese drink that has taken the world by storm. The drink typically consists of tea, milk, and tapioca pearls or fruit jelly, which give it a unique texture and flavor. The bubble tea market has experienced explosive growth in recent years, with the global market size expected to reach $1.46 billion by 2027, according to a report by Grand View Research.

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One of the key drivers of the bubble tea market is the rise of health consciousness among consumers. As people become more aware of the health benefits of tea, they are increasingly turning to bubble tea as a healthier alternative to sugary sodas and energy drinks.

In addition, the popularity of plant-based milk options such as almond, soy, and oat milk has led to the emergence of vegan-friendly bubble tea options.

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Another factor contributing to the growth of the bubble tea market is the trend towards customization and personalization. Many bubble tea shops offer a wide range of flavors and toppings, allowing customers to create their own unique drinks. This has made bubble tea a popular choice among younger consumers who value individuality and self-expression.

Companies Covered in This Report -

Gong Cha
Kung Fu Tea
Tiger Sugar
Sharetea
Boba Guys
Tapioca Express
Chatime
Tea Ren's Tea Time
CoCo Fresh Tea & Juice
Quickly
Happy Lemon

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Bubble Tea Market Industry Survey by Category

Bubble Tea Market by Base Ingredient : Black Tea, Green Tea, Oolong Tea, White Tea

Bubble Tea Market By Flavor : Unflavored Bubble Tea, Flavored Bubble Tea, Taro, Coffee, Fruit Flavors, Others

Bubble Tea Market By Format: Ready-to-Drink Bubble Tea, Instant Bubble Tea Mix Kits

Bubble Tea Market By Topping: Tapioca Pearls, Popping Boba, Jellies
Others

Bubble Tea Market By Distribution Channel : Business to Business Sales of Bubble Tea, Business to Consumer Sales of Bubble Tea
: Hypermarkets/Supermarkets, Convenience Stores, Online Retail

Bubble Tea Market By Region : North America Bubble Tea Market, Latin America Bubble Tea Market, Europe Bubble Tea Market, South Asia and Pacific Bubble Tea Market, East Asia Bubble Tea Market, The Middle East and Africa Bubble Tea Market

 Related Reports:

Avocado Puree Market : https://www.persistencemarketresearch.com/market-research/avocado-puree-market.asp

Banana Blossom Market :https://www.persistencemarketresearch.com/market-research/banana-blossom-market.asp

Dry Molasses Market : https://www.persistencemarketresearch.com/market-research/dry-molasses-market.asp

Contact Us :

Persistence Market Research
305 Broadway,7th Floor New York City, NY 10007 United States
Call +1-646-568-7751
Call +1 800-961-0353
sales@persistencemarketresearch.com

About Us:

About Food & Beverage Division at Persistence Market Research

The Food & Beverage team at Persistence Market Research provides all the necessary insights and consulting analysis to fulfil the unique business intelligence needs of clients worldwide. With a catalogue of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

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