Global Bubble Tea Market Set for 8.11% Growth, Reaching USD 4.21 Billion by 2030

Written by MarkNtel Advisors  »  Updated on: November 18th, 2024

One of the leading consulting, data analytics, and market research firm, Markntel Advisors, published a recent report titled, “Global Bubble Tea Market Research Report: Forecast (2025-2030)”. The market is predicted to grow significantly in the coming years. According to the report, the Global Bubble Tea Market size was valued at around USD 2.81 billion in 2024 and is projected to reach around USD 4.21 billion by 2030. Along with this, the market is anticipated to grow at a CAGR of around 8.11% during the forecast period, i.e., 2025-30. The market growth is further driven by the rising popularity among individuals worldwide for bubble tea owing to its appeal and novelty.

What Are the Significant Drivers Behind the Growth of the Bubble Tea Market?

The growing prevalence of lifestyle disorders owing to the integration of comfortability in daily life schedules resulted in obesity, diabetes, etc. This resulted in shifting toward healthy beverages like ginger & boba teas, mainly due to their easy customization with various bases & toppings like jellies, fruit bits, syrups, & tapioca balls, etc. Additionally, the growing working class populace in developing countries, increasing establishment of boba tea outlets, and rising health consciousness among consumers are also promoting the adoption of bubble tea globally and thus driving the market.

Which Top Companies are Shaping the Growth of the Bubble Tea Market?

The top companies in the Bubble Tea industry are Kung Fu Tea, Quickly, Lollicup USA, Inc., Bubble Tea Supply, Inc., Ten Ren's Tea Time, Gong Cha, ChaTime, Bobabox Ltd., Fokus, Inc., Coco Fresh Tea and Juice, Happy Lemon, Cuppotee, Tiger Sugar, Grand Chainly Enterprise, and Share Tea.

What are the Segments in the Global Bubble Tea Market?

  1. By Base Tea: lack Tea, Green Tea, Oolong Tea, and White Tea
  2. By Flavor: Fruit, Original, Coffee, Chocolate, Others

Asia-Pacific: Largest Region in the Bubble Tea Market

The regions covered in the market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.  Asia-Pacific holds a prominent share of the Bubble tea industry. This is owing to the enormous requirements & popularity of these teas, particularly across countries like Vietnam & Taiwan, i.e., boosting the sales of bubble teas, coupled with the presence of leading players & new entrants across the region

How is the Bubble Tea Market Defined?

Bubble tea, also known as boba tea or pearl milk tea, is a Taiwanese tea-based beverage invented initially in Tainan & Taichung in the 1980s. It is made up typically of high-quality milk & sweetener liquid tapioca pearls as well as creamer, fruit powder, & sweeteners. Besides its origin, bubble tea has been gaining immense popularity in Western countries over the years, mainly due to its different tastes, along with the availability of various flavors like fruits, coffee, chocolate, & the simple classic.

What are the Key Highlights of the Report?

  • Market Dimensions & Projections
  • Pricing Evaluation,
  • Recent Strategic Moves by Companies,
  • Primary Stakeholders,
  • Analysis of Import and Export Trends,
  • Competitive Landscape Assessment,
  • Emerging Opportunities,
  • Market Trends and Indicators

About Us –

We are a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.


Disclaimer:

We do not claim ownership of any content, links or images featured on this post unless explicitly stated. If you believe any content or images infringes on your copyright, please contact us immediately for removal ([email protected]). Please note that content published under our account may be sponsored or contributed by guest authors. We assume no responsibility for the accuracy or originality of such content. We hold no responsibilty of content and images published as ours is a publishers platform. Mail us for any query and we will remove that content/image immediately.