Bubble Tea Market
Bubble Tea Market Study by Black Tea, Green Tea, Oolong Tea, and White Tea in Ready-to-Drink and Instant Bubble Tea Mix Kits from 2024 to 2034
Analysis of Bubble Tea Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Bubble Tea Market Outlook (2024 to 2034)
The global bubble tea market size is estimated to reach a size of US$ 1.71 billion in 2024. The market has been projected to climb to a value of US$ 3.72 billion by the end of 2034, expanding at a CAGR of 8.1% over the next ten years.
Growing demand for bubble tea is driven by the drink's diversity, with most bubble tea recipes containing the base mixed with fruit and milk, as well as chewy tapioca balls gaining popularity due to their slushy consistency.
Bubble tea serves a wide range of flavors. It has been identified as a modified beverage and is gaining enormous popularity in various regions.
Key Market Growth Drivers
- Pearl milk tea, increasingly popular as a healthier alternative to carbonated beverages, has significantly boosted demand for bubble tea. Consumers prefer beverages made with natural ingredients, and there is a rising demand for unique flavors. Customization is a major factor driving their popularity, with a tea base setting the flavor tone, complemented by fruit flavors such as mango and lychee.
- Ever-increasing consumption of tea and nootropic drinks among the working-class population and students, coupled with options featuring zero-fat and low-calorie content available at bubble tea shops, is a key driver of global market demand.
- Bubble tea is gaining traction in the food and beverages industry, driven by consumer interest in innovative beverages with bold flavors.
- Bubble tea offers many health benefits. It acts as an antioxidant, helping to slow cell damage, and its anti-inflammatory properties can lower cholesterol and triglyceride levels. It is also believed to have potential benefits for treating depression and other health issues.
- Popular flavors include fruit, green jasmine, and black tea. The availability of lactose-free options is further contributing to the expansion of the bubble tea market size.
| Report Attribute | Detail |
|---|---|
| Bubble Tea Market Size (2024E) | US$ 1.71 Billion |
| Projected Market Value (2034F) | US$ 3.72 Billion |
| Global Market Growth Rate (2024 to 2034) | 8.1% CAGR |
| East Asia Market Growth Rate (2024 to 2034) | 8.4% CAGR |
| North America Market Share (2024E) | 23.7% |
| Black Tea Segment Value (2024E) | US$ 736.2 Million |
| Flavored Bubble Tea Segment Value (2024E) | US$ 1.45 Billion |
| Key Companies Profiled | Kung Fu Tea; Ten Ren Tea, Inc.; Boise Boba; Woop Bubble Tea; Coco Tea; Empire Eagle Food Co.; Yen Chuan International Co., Ltd.; Gong Cha USA Ltd.; Quickly Corporation; BobaTea Factory; Possmei International Co., Ltd.; Bubble Tea House Company; Boba Guys, Inc.; Chatime; 8tea5; Tapioca Express, Inc.; The Inspire Food Company; TACHUNGHO; Sharetea. |
Don't Need a Global Report?
save 40%! on Country & Region specific reports
What is Behind Rising Popularity of Bubble Tea?
“Role of Bubble Tea in Reducing Muscle Tension and Enhancing Cognitive Function”
Bubble tea franchises are increasingly being owned and operated by entrepreneurs who are adept at social media, seeking new business opportunities to expand their consumer base across demographics and devise effective growth strategies. Bubble tea contains carbohydrates, which are primary sources of energy for the brain, and it also supports cardiovascular health and the central nervous system.
Given the demands of professional life, which often involve multiple stressful activities throughout the day, drinking bubble tea can help reduce muscle tension, making daily tasks more manageable. Its caffeine content provides refreshment and aids in memory and cognitive function. Additionally, bubble tea strengthens the immune system and contains a variety of antioxidants that combat oxidative stress.
What are the Key Challenges Faced by Bubble Tea Producers?
“Negative Health Effects of Excessive Sugar Consumption”
Bubble tea contains more sugar than other drinks, and consumers are becoming more aware of the negative health effects of excessive sugar consumption, which can lead to health problems. Bubble tea contains approximately 400 calories; therefore, it should not be consumed regularly. This high sugar level can cause diabetes, tooth decay, and a decline in the body's immunity. It is also high in carbohydrates and deficient in essential nutrients such as vitamins, minerals, fiber, etc.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
Country-wise Insights
East Asia is expected to hold a global bubble tea market share of 22.2% in 2024. Growing demand for bubble tea is primarily due to the growing popularity of cafés and quick-service restaurants in Asia, particularly Starbucks' rapid expansion in the region. The bubble tea craze has only grown since the introduction of companies such as Chatime, Koi, and Tiger Sugar in Asian cities that offer the bubble tea version of café culture.
Coffee shops and cafés are the fastest-growing foodservice segments, particularly in South Asian and Pacific countries. Bubble tea consumption in this region is expected to increase due to its unique flavors, convenience, and personalized requirements. Sales of bubble tea beverages are expected to rise due to the growing popularity of café culture and consumer demand for innovative and unique food.
What are the Opportunities for Bubble Tea Companies in the United States?
“Rising Consumption of Non-Aloholic Beverages and Plant-Based Food”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 179.3 Million |
| Growth Rate (2024 to 2034) | 8.5% CAGR |
| Projected Value (2034F) | US$ 407.3 Million |
The United States is estimated to account for a market share of 44.3% in North America in 2024. More of the general population of the United States is increasingly consuming non-alcoholic beverages and vegan and plant-based food, which is a key bubble tea market trend in the country. Fruity beverages are also becoming more popular among the population, which is influencing the growth of the bubble tea market in the country. The number of people looking for something different to consume as far as beverages are concerned is constantly rising, and bubble tea manufacturers are leveraging this trend to bolster their market position.
Why is China a Key Market for Producers of Bubble Tea?
“Increasing Consumer Spending on Healthy Beverages”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 184.7 Million |
| Growth Rate (2024 to 2034) | 8.1% CAGR |
| Projected Value (2034F) | US$ 403.2 Million |
China is expected to have a key influence on the East Asia market with a revenue share of 48.7% in 2024. China is amongst the leading manufacturers of bubble tea across the globe. Consumers are spending a lot on healthy beverages, and ongoing projects are expected to help the region grow even more. While bubble tea originated in Taiwan, it has become extremely popular in mainland China, particularly since the mid-2010s.
Popularity of bubble tea is primarily driven by younger consumers. Bubble tea is gaining popularity on Chinese social media platforms such as Weibo and Douyin (TikTok) due to its visually appealing nature. A lot of the bubble tea shops in China use mobile ordering and payment systems, which makes purchases easier for tech-savvy customers.
Category-wise Insights
Based on topping, the tapioca pearls category occupies a substantial market share; however, popping boba, jellies, and other segments of bubble tea are projected to account for increased sales even more because of the innovations and flavors offered by manufacturers. Based on distribution channels, business-to-consumer sales of bubble tea are projected to show an upward trend during the forecast period.
Why is Demand for Green Tea So High Worldwide?
“Health Consciousness Trend Driving Consumption of Green Tea”
| Attribute | Green Tea |
|---|---|
| Segment Value (2024E) | US$ 538.1 Million |
| Growth Rate (2024 to 2034) | 8.2% CAGR |
| Projected Value (2034F) | US$ 1.19 Billion |
The green tea segment is poised to account for 31.5% market share in 2024. This segment is growing in popularity as people are becoming more health conscious, preventing them from gaining weight and inducing weight loss through regular consumption. Green tea has also demonstrated long-term energy-inducing properties that have a positive influence on body metabolism regulation, driving market growth.
What Makes Fruit Flavors Such as Lychee and Mango Popular?
“Nutritional Value, Organic Nature, and Sugar-Free Properties of Fruit Flavored Bubble Tea”
| Attribute | Flavored Bubble Tea |
|---|---|
| Segment Value (2024E) | US$ 1.45 Billion |
| Growth Rate (2024 to 2034) | 8.2% CAGR |
| Projected Value (2034F) | US$ 3.17 Billion |
The flavored bubble tea segment is poised to account for 84.8% of the overall market share in 2024. Fruit flavors are the most popular among consumers. Flavors include lychee, passion fruit, mango, plum, avocado, strawberry, banana, grape, lemon, and more. This segment is expected to expand significantly over the forecast period due to its high nutritional value, organic nature, and sugar-free properties when compared to other artificial flavors.
Consumers prefer beverages made with natural ingredients, and the demand for unusual flavors is increasing. Customization is a major reason why these drinks are so popular. A tea base establishes the flavor, which can be enhanced with fruit flavors such as mango and lychee, among others.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competition Landscape
Key players in the bubble tea market are focusing on introducing innovative beverages with a wide range of flavors, including apple, dry fruits, milk flavors, and many more. Manufacturers have the opportunity to introduce new flavored drinks to the market because millennials are known for their eagerness to try new flavors.
- Chill Bubble Tea offers bubble tea that is kosher, halal, gluten-free, and gelatin-free. It also manufactures tea especially for vegans and lactose-free customers.
- Frothtea Bubble Tea achieved Singapore Food Agency certification recently by adhering to strict food hygiene practices and guidelines. It also uses Halal-certified raw materials.
- Sharetea operates more than 450 stores in 16 countries, including the United States, Canada, the United Kingdom, Australia, Singapore, Malaysia, the Philippines, and Indonesia, using various franchise models and branches.
- Tiger Sugar has operations in Europe, Asia, Taiwan, Oceania, and America. It is expanding its operations by opening branches in Hong Kong, Korea, Afghanistan, Germany, and other locations.
Fact.MR provides detailed information about the price points of leading manufacturers of bubble tea positioned across the world, sales growth, production capacity, and technological advancements, in this recently updated market report.
Segmentation of Bubble Tea Market Research
-
By Ingredient :
- Black Tea
- Green Tea
- Oolong Tea
- White Tea
-
By Flavor :
- Unflavored
- Flavored
-
By Format :
- Ready-to-Drink
- Instant Bubble Tea Mix Kits
-
By Topping :
- Tapioca Pearls
- Popping Boba
- Jellies
-
By Distribution Channel :
- Business to Business
- Business to Consumer
-
By Region :
- North America
- Latin America
- East Asia
- South Asia & Pacific
- Western Europe
- Eastern Europe
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
- 6.1. Ingredient
- 6.2. Flavor
- 6.3. Format
- 6.4. Topping
- 6.5. Distribution Channel
- 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Ingredient
- 7.1. Black Tea
- 7.2. Green Tea
- 7.3. Oolong Tea
- 7.4. White Tea
- 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Flavor
- 8.1. Unflavored
- 8.2. Flavored Ready-to-Drink
- 8.3. Instant Mix Kits
- 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Format
- 9.1. Format A
- 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Topping
- 10.1. Tapioca Pearls
- 10.2. Popping Boba
- 10.3. Jellies
- 11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Distribution Channel
- 11.1. Business to Business
- 11.2. Business to Consumer
- 12. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
- 12.1. North America
- 12.2. Latin America
- 12.3. Western Europe
- 12.4. Eastern Europe
- 12.5. East Asia
- 12.6. South Asia & Pacific
- 12.7. Middle East & Africa
- 13. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 14. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 15. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 16. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 17. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 18. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 19. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 20. Sales Forecast 2024 to 2034 by Ingredient, Flavor, Format, Topping, Distribution Channel, and Region for 30 Countries
- 21. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 22. Company Profile
- 22.1. Kung Fu Tea
- 22.2. Ten Ren Tea, Inc.
- 22.3. Boise Boba
- 22.4. Woop Bubble Tea
- 22.5. Coco Tea
- 22.6. Empire Eagle Food Co.
- 22.7. Yen Chuan International Co., Ltd.
- 22.8. Gong Cha USA Ltd.
- 22.9. Quickly Corporation
- 22.10. BobaTea Factory
- 22.11. Possmei International Co., Ltd.
- 22.12. House Company
- 22.13. Boba Guys, Inc.
- 22.14. Chatime
- 22.15. 8tea5
- 22.16. Tapioca Express, Inc.
- 22.17. The Inspire Food Company
- 22.18. TACHUNGHO
- 22.19. Sharetea
- 23. Assumptions and Acronyms Used
- 24. Research Methodology
Don't Need a Global Report?
save 40%! on Country & Region specific reports
List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Ingredient, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Ingredient, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Ingredient, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by Format, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by Format, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Format, 2024 to 2034
Table 10: Global Market Value (US$ Mn) Analysis, by Topping, 2019 to 2023
Table 11: Global Market Value (US$ Mn) Analysis, by Topping, 2024 to 2034
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Topping, 2024 to 2034
Table 13: Global Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 14: Global Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 15: Global Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 16: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 17: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 18: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 22: North America Market Value (US$ Mn) Analysis, by Ingredient, 2019 to 2023
Table 23: North America Market Value (US$ Mn) Analysis, by Ingredient, 2024 to 2034
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Ingredient, 2024 to 2034
Table 25: North America Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023
Table 26: North America Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034
Table 27: North America Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034
Table 28: North America Market Value (US$ Mn) Analysis, by Format, 2019 to 2023
Table 29: North America Market Value (US$ Mn) Analysis, by Format, 2024 to 2034
Table 30: North America Market Value (US$ Mn) Opportunity Analysis, by Format, 2024 to 2034
Table 31: North America Market Value (US$ Mn) Analysis, by Topping, 2019 to 2023
Table 32: North America Market Value (US$ Mn) Analysis, by Topping, 2024 to 2034
Table 33: North America Market Value (US$ Mn) Opportunity Analysis, by Topping, 2024 to 2034
Table 34: North America Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 35: North America Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 36: North America Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 37: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Latin America Market Value (US$ Mn) Analysis, by Ingredient, 2019 to 2023
Table 41: Latin America Market Value (US$ Mn) Analysis, by Ingredient, 2024 to 2034
Table 42: Latin America Market Value (US$ Mn) Opportunity Analysis, by Ingredient, 2024 to 2034
Table 43: Latin America Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023
Table 44: Latin America Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034
Table 45: Latin America Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034
Table 46: Latin America Market Value (US$ Mn) Analysis, by Format, 2019 to 2023
Table 47: Latin America Market Value (US$ Mn) Analysis, by Format, 2024 to 2034
Table 48: Latin America Market Value (US$ Mn) Opportunity Analysis, by Format, 2024 to 2034
Table 49: Latin America Market Value (US$ Mn) Analysis, by Topping, 2019 to 2023
Table 50: Latin America Market Value (US$ Mn) Analysis, by Topping, 2024 to 2034
Table 51: Latin America Market Value (US$ Mn) Opportunity Analysis, by Topping, 2024 to 2034
Table 52: Latin America Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 53: Latin America Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 54: Latin America Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 55: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 56: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 57: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 58: Western Europe Market Value (US$ Mn) Analysis, by Ingredient, 2019 to 2023
Table 59: Western Europe Market Value (US$ Mn) Analysis, by Ingredient, 2024 to 2034
Table 60: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Ingredient, 2024 to 2034
Table 61: Western Europe Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023
Table 62: Western Europe Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034
Table 63: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034
Table 64: Western Europe Market Value (US$ Mn) Analysis, by Format, 2019 to 2023
Table 65: Western Europe Market Value (US$ Mn) Analysis, by Format, 2024 to 2034
Table 66: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Format, 2024 to 2034
Table 67: Western Europe Market Value (US$ Mn) Analysis, by Topping, 2019 to 2023
Table 68: Western Europe Market Value (US$ Mn) Analysis, by Topping, 2024 to 2034
Table 69: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Topping, 2024 to 2034
Table 70: Western Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 71: Western Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 72: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 73: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 74: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 75: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 76: Eastern Europe Market Value (US$ Mn) Analysis, by Ingredient, 2019 to 2023
Table 77: Eastern Europe Market Value (US$ Mn) Analysis, by Ingredient, 2024 to 2034
Table 78: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Ingredient, 2024 to 2034
Table 79: Eastern Europe Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023
Table 80: Eastern Europe Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034
Table 81: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034
Table 82: Eastern Europe Market Value (US$ Mn) Analysis, by Format, 2019 to 2023
Table 83: Eastern Europe Market Value (US$ Mn) Analysis, by Format, 2024 to 2034
Table 84: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Format, 2024 to 2034
Table 85: Eastern Europe Market Value (US$ Mn) Analysis, by Topping, 2019 to 2023
Table 86: Eastern Europe Market Value (US$ Mn) Analysis, by Topping, 2024 to 2034
Table 87: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Topping, 2024 to 2034
Table 88: Eastern Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 89: Eastern Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 90: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 91: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 92: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 93: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 94: East Asia Market Value (US$ Mn) Analysis, by Ingredient, 2019 to 2023
Table 95: East Asia Market Value (US$ Mn) Analysis, by Ingredient, 2024 to 2034
Table 96: East Asia Market Value (US$ Mn) Opportunity Analysis, by Ingredient, 2024 to 2034
Table 97: East Asia Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023
Table 98: East Asia Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034
Table 99: East Asia Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034
Table 100: East Asia Market Value (US$ Mn) Analysis, by Format, 2019 to 2023
Table 101: East Asia Market Value (US$ Mn) Analysis, by Format, 2024 to 2034
Table 102: East Asia Market Value (US$ Mn) Opportunity Analysis, by Format, 2024 to 2034
Table 103: East Asia Market Value (US$ Mn) Analysis, by Topping, 2019 to 2023
Table 104: East Asia Market Value (US$ Mn) Analysis, by Topping, 2024 to 2034
Table 105: East Asia Market Value (US$ Mn) Opportunity Analysis, by Topping, 2024 to 2034
Table 106: East Asia Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 107: East Asia Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 108: East Asia Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 109: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 110: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 111: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 112: South Asia & Pacific Market Value (US$ Mn) Analysis, by Ingredient, 2019 to 2023
Table 113: South Asia & Pacific Market Value (US$ Mn) Analysis, by Ingredient, 2024 to 2034
Table 114: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Ingredient, 2024 to 2034
Table 115: South Asia & Pacific Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023
Table 116: South Asia & Pacific Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034
Table 117: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034
Table 118: South Asia & Pacific Market Value (US$ Mn) Analysis, by Format, 2019 to 2023
Table 119: South Asia & Pacific Market Value (US$ Mn) Analysis, by Format, 2024 to 2034
Table 120: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Format, 2024 to 2034
Table 121: South Asia & Pacific Market Value (US$ Mn) Analysis, by Topping, 2019 to 2023
Table 122: South Asia & Pacific Market Value (US$ Mn) Analysis, by Topping, 2024 to 2034
Table 123: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Topping, 2024 to 2034
Table 124: South Asia & Pacific Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 125: South Asia & Pacific Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 126: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 127: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 128: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 129: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 130: MEA Market Value (US$ Mn) Analysis, by Ingredient, 2019 to 2023
Table 131: MEA Market Value (US$ Mn) Analysis, by Ingredient, 2024 to 2034
Table 132: MEA Market Value (US$ Mn) Opportunity Analysis, by Ingredient, 2024 to 2034
Table 133: MEA Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023
Table 134: MEA Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034
Table 135: MEA Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034
Table 136: MEA Market Value (US$ Mn) Analysis, by Format, 2019 to 2023
Table 137: MEA Market Value (US$ Mn) Analysis, by Format, 2024 to 2034
Table 138: MEA Market Value (US$ Mn) Opportunity Analysis, by Format, 2024 to 2034
Table 139: MEA Market Value (US$ Mn) Analysis, by Topping, 2019 to 2023
Table 140: MEA Market Value (US$ Mn) Analysis, by Topping, 2024 to 2034
Table 141: MEA Market Value (US$ Mn) Opportunity Analysis, by Topping, 2024 to 2034
Table 142: MEA Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 143: MEA Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 144: MEA Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Ingredient, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Ingredient, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Ingredient, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Flavor, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Flavor, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Flavor, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by Format, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by Format, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Format, 2024 to 2034
Figure 14: Global Market Share and BPS Analysis by Topping, 2024 & 2034
Figure 15: Global Market Y-o-Y Growth Projections by Topping, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Topping, 2024 to 2034
Figure 17: Global Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 18: Global Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 19: Global Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 20: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 21: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 22: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 23: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 24: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 25: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 26: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 27: North America Market Share Analysis by Country, 2024 & 2034
Figure 28: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 30: North America Market Share and BPS Analysis by Ingredient, 2024 & 2034
Figure 31: North America Market Y-o-Y Growth Projections by Ingredient, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis by Ingredient, 2024 to 2034
Figure 33: North America Market Share and BPS Analysis by Flavor, 2024 & 2034
Figure 34: North America Market Y-o-Y Growth Projections by Flavor, 2024 to 2034
Figure 35: North America Market Attractiveness Analysis by Flavor, 2024 to 2034
Figure 36: North America Market Share and BPS Analysis by Format, 2024 & 2034
Figure 37: North America Market Y-o-Y Growth Projections by Format, 2024 to 2034
Figure 38: North America Market Attractiveness Analysis by Format, 2024 to 2034
Figure 39: North America Market Share and BPS Analysis by Topping, 2024 & 2034
Figure 40: North America Market Y-o-Y Growth Projections by Topping, 2024 to 2034
Figure 41: North America Market Attractiveness Analysis by Topping, 2024 to 2034
Figure 42: North America Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 43: North America Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 44: North America Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 45: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 46: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 47: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 48: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 49: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 50: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 51: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 52: Latin America Market Share and BPS Analysis by Ingredient, 2024 & 2034
Figure 53: Latin America Market Y-o-Y Growth Projections by Ingredient, 2024 to 2034
Figure 54: Latin America Market Attractiveness Analysis by Ingredient, 2024 to 2034
Figure 55: Latin America Market Share and BPS Analysis by Flavor, 2024 & 2034
Figure 56: Latin America Market Y-o-Y Growth Projections by Flavor, 2024 to 2034
Figure 57: Latin America Market Attractiveness Analysis by Flavor, 2024 to 2034
Figure 58: Latin America Market Share and BPS Analysis by Format, 2024 & 2034
Figure 59: Latin America Market Y-o-Y Growth Projections by Format, 2024 to 2034
Figure 60: Latin America Market Attractiveness Analysis by Format, 2024 to 2034
Figure 61: Latin America Market Share and BPS Analysis by Topping, 2024 & 2034
Figure 62: Latin America Market Y-o-Y Growth Projections by Topping, 2024 to 2034
Figure 63: Latin America Market Attractiveness Analysis by Topping, 2024 to 2034
Figure 64: Latin America Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 65: Latin America Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 66: Latin America Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 67: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 68: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 69: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 70: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 71: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 72: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 73: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 74: Western Europe Market Share and BPS Analysis by Ingredient, 2024 & 2034
Figure 75: Western Europe Market Y-o-Y Growth Projections by Ingredient, 2024 to 2034
Figure 76: Western Europe Market Attractiveness Analysis by Ingredient, 2024 to 2034
Figure 77: Western Europe Market Share and BPS Analysis by Flavor, 2024 & 2034
Figure 78: Western Europe Market Y-o-Y Growth Projections by Flavor, 2024 to 2034
Figure 79: Western Europe Market Attractiveness Analysis by Flavor, 2024 to 2034
Figure 80: Western Europe Market Share and BPS Analysis by Format, 2024 & 2034
Figure 81: Western Europe Market Y-o-Y Growth Projections by Format, 2024 to 2034
Figure 82: Western Europe Market Attractiveness Analysis by Format, 2024 to 2034
Figure 83: Western Europe Market Share and BPS Analysis by Topping, 2024 & 2034
Figure 84: Western Europe Market Y-o-Y Growth Projections by Topping, 2024 to 2034
Figure 85: Western Europe Market Attractiveness Analysis by Topping, 2024 to 2034
Figure 86: Western Europe Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 87: Western Europe Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 88: Western Europe Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 89: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 90: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 91: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 92: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 93: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 94: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 95: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 96: Eastern Europe Market Share and BPS Analysis by Ingredient, 2024 & 2034
Figure 97: Eastern Europe Market Y-o-Y Growth Projections by Ingredient, 2024 to 2034
Figure 98: Eastern Europe Market Attractiveness Analysis by Ingredient, 2024 to 2034
Figure 99: Eastern Europe Market Share and BPS Analysis by Flavor, 2024 & 2034
Figure 100: Eastern Europe Market Y-o-Y Growth Projections by Flavor, 2024 to 2034
Figure 101: Eastern Europe Market Attractiveness Analysis by Flavor, 2024 to 2034
Figure 102: Eastern Europe Market Share and BPS Analysis by Format, 2024 & 2034
Figure 103: Eastern Europe Market Y-o-Y Growth Projections by Format, 2024 to 2034
Figure 104: Eastern Europe Market Attractiveness Analysis by Format, 2024 to 2034
Figure 105: Eastern Europe Market Share and BPS Analysis by Topping, 2024 & 2034
Figure 106: Eastern Europe Market Y-o-Y Growth Projections by Topping, 2024 to 2034
Figure 107: Eastern Europe Market Attractiveness Analysis by Topping, 2024 to 2034
Figure 108: Eastern Europe Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 109: Eastern Europe Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 110: Eastern Europe Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 111: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 112: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 113: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 114: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 115: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 116: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 117: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 118: East Asia Market Share and BPS Analysis by Ingredient, 2024 & 2034
Figure 119: East Asia Market Y-o-Y Growth Projections by Ingredient, 2024 to 2034
Figure 120: East Asia Market Attractiveness Analysis by Ingredient, 2024 to 2034
Figure 121: East Asia Market Share and BPS Analysis by Flavor, 2024 & 2034
Figure 122: East Asia Market Y-o-Y Growth Projections by Flavor, 2024 to 2034
Figure 123: East Asia Market Attractiveness Analysis by Flavor, 2024 to 2034
Figure 124: East Asia Market Share and BPS Analysis by Format, 2024 & 2034
Figure 125: East Asia Market Y-o-Y Growth Projections by Format, 2024 to 2034
Figure 126: East Asia Market Attractiveness Analysis by Format, 2024 to 2034
Figure 127: East Asia Market Share and BPS Analysis by Topping, 2024 & 2034
Figure 128: East Asia Market Y-o-Y Growth Projections by Topping, 2024 to 2034
Figure 129: East Asia Market Attractiveness Analysis by Topping, 2024 to 2034
Figure 130: East Asia Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 131: East Asia Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 132: East Asia Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 133: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 134: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 135: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 136: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 137: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 138: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 139: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 140: South Asia & Pacific Market Share and BPS Analysis by Ingredient, 2024 & 2034
Figure 141: South Asia & Pacific Market Y-o-Y Growth Projections by Ingredient, 2024 to 2034
Figure 142: South Asia & Pacific Market Attractiveness Analysis by Ingredient, 2024 to 2034
Figure 143: South Asia & Pacific Market Share and BPS Analysis by Flavor, 2024 & 2034
Figure 144: South Asia & Pacific Market Y-o-Y Growth Projections by Flavor, 2024 to 2034
Figure 145: South Asia & Pacific Market Attractiveness Analysis by Flavor, 2024 to 2034
Figure 146: South Asia & Pacific Market Share and BPS Analysis by Format, 2024 & 2034
Figure 147: South Asia & Pacific Market Y-o-Y Growth Projections by Format, 2024 to 2034
Figure 148: South Asia & Pacific Market Attractiveness Analysis by Format, 2024 to 2034
Figure 149: South Asia & Pacific Market Share and BPS Analysis by Topping, 2024 & 2034
Figure 150: South Asia & Pacific Market Y-o-Y Growth Projections by Topping, 2024 to 2034
Figure 151: South Asia & Pacific Market Attractiveness Analysis by Topping, 2024 to 2034
Figure 152: South Asia & Pacific Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 153: South Asia & Pacific Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 154: South Asia & Pacific Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 155: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 156: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 157: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 158: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 159: MEA Market Share Analysis by Country, 2024 & 2034
Figure 160: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 161: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 162: MEA Market Share and BPS Analysis by Ingredient, 2024 & 2034
Figure 163: MEA Market Y-o-Y Growth Projections by Ingredient, 2024 to 2034
Figure 164: MEA Market Attractiveness Analysis by Ingredient, 2024 to 2034
Figure 165: MEA Market Share and BPS Analysis by Flavor, 2024 & 2034
Figure 166: MEA Market Y-o-Y Growth Projections by Flavor, 2024 to 2034
Figure 167: MEA Market Attractiveness Analysis by Flavor, 2024 to 2034
Figure 168: MEA Market Share and BPS Analysis by Format, 2024 & 2034
Figure 169: MEA Market Y-o-Y Growth Projections by Format, 2024 to 2034
Figure 170: MEA Market Attractiveness Analysis by Format, 2024 to 2034
Figure 171: MEA Market Share and BPS Analysis by Topping, 2024 & 2034
Figure 172: MEA Market Y-o-Y Growth Projections by Topping, 2024 to 2034
Figure 173: MEA Market Attractiveness Analysis by Topping, 2024 to 2034
Figure 174: MEA Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 175: MEA Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 176: MEA Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the bubble tea market in 2024?
The global bubble tea market is estimated at US$ 1.71 billion in 2024.
What are the sales projections for bubble tea by 2034?
The market for bubble tea is forecasted to expand at a CAGR of 8.1% to reach US$ 3.72 billion by 2034.
At what rate is the market projected to expand in the United States?
The market in the United States is forecasted to advance at 8.5% CAGR between 2024 and 2034.
What is the forecasted market size for bubble tea in Japan?
The market in Japan is forecasted to reach US$ 248.9 million by 2034.
How much market share does black tea account for?
Black tea is estimated to account for 43.1% of the global market share in 2024.
What is the share of North America in the global market?
North America is forecasted to hold a market share of 24.1% by the end of 2034.
Who are the leading manufacturers of bubble tea?
Kung Fu Tea, Ten Ren Tea, Inc., and Boise Boba are some of the key players in the market.
Bubble Tea Market