#Bubble Tea Market trends

[shashi2310]

https://pristineintelligence.com/reports/global-bubble-tea-market

[karan777]

[marketinsight1234]

Bubble Tea Market Outlook for Forecast Period (2023 to 2030)

Global Bubble Tea Market size was reasonably estimated to be approximately USD 2573.66 Million in 2023 and is poised to generate revenue over USD 5182.9 Million by the end of 2030, projecting a CAGR of around 10.50% from 2023 to 2030.

The bubble tea market has experienced exponential growth globally, emerging as a popular beverage choice among consumers of all ages. Originating from Taiwan, bubble tea, also known as boba tea or pearl milk tea, is a refreshing concoction typically made from tea, milk, flavorings, and tapioca pearls or other toppings. This market has expanded beyond its Asian roots, with numerous tea shops and franchises proliferating worldwide. The appeal of bubble tea lies in its customizable flavors, diverse toppings, and the experiential aspect of consuming the beverage, making it a trendy and Instagram-worthy drink. The market is characterized by innovation, with vendors constantly introducing new flavors, ingredients, and variations to cater to evolving consumer preferences.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @

https://pristineintelligence.com/request-sample/global-bubble-tea-market-54

Leading players involved in the Bubble Tea Market include:

"Bobabox Ltd. (UK), Bubble Tea House Company (US), Fokus, Inc. (US), Gong Cha (Taiwan), Chatime Group  (Taiwan), Coco Fresh Tea & Juice (Taiwan), Cuppotee (US), ChaTime (Taiwan), Lollicup USA, Inc. (US), Bubble Tea Supply, Inc. (US), Sumo's (M) SdnBhd (Malaysia), T Bun International (US), Quickly  (Taiwan), Xing Fu Tang (Taiwan), Tiger Sugar (Taiwan), Yummy Town (Cayman) Holding Corporation (Happy Lemon) (Hong Kong), Ten Ren's Tea Time (Taiwan), K.O.I. The Co, LTD. (Taiwan), Troika JC (US), Boba Box Limited (UK), and Other Major Players." 

The latest research on the Bubble Tea market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Bubble Tea industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Bubble Tea market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

If You Have Any Query Bubble Tea Market Report, Visit:

https://pristineintelligence.com/inquiry/global-bubble-tea-market-54

Segmentation of Bubble Tea Market:

By Type

Black Tea

Green Tea

Oolong Tea

White Tea

By Component

Flavour

Creamer

Sweetener

Liquid

Tapioca Pearls

Others

By Flavour

Fruit

Taro

Strawberry

Classic                                                                               

Coffee                                                                        

By Toppings

Tapioca Pearls

Fruit Jellies

Popping Boba

Grass Jelly

By Distribution Channel

Bubble Tea Shops

Cafés

Bubble Tea Chains

Online Delivery Platforms

An in-depth study of the Bubble Tea industry for the years 2023–2030 is provided in the latest research. North America, Europe, Asia-Pacific, South America, the Middle East, and Africa are only some of the regions included in the report's segmented and regional analyses. The research also includes key insights including market trends and potential opportunities based on these major insights. All these quantitative data, such as market size and revenue forecasts, and qualitative data, such as customers' values, needs, and buying inclinations, are integral parts of any thorough market analysis.

Market Segment by Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

Reasons to Purchase this Market Report:

Market forecast analysis through recent trends and SWOT analysis

Bubble Tea Market Dynamics Scenarios with Market Growth Opportunities over the Next Year

Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts

Bubble Tea Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.

Competitive environment related to the Bubble Tea market share for key players, along with new projects and strategies that players have adopted over the past five years

Acquire This Reports: -

About Us:

We are technocratic market research and consulting company that provides comprehensive and data-driven market insights. We hold the expertise in demand analysis and estimation of multidomain industries with encyclopedic competitive and landscape analysis. Also, our in-depth macro-economic analysis gives a bird's eye view of a market to our esteemed client. Our team at Pristine Intelligence focuses on result-oriented methodologies which are based on historic and present data to produce authentic foretelling about the industry. Pristine Intelligence's extensive studies help our clients to make righteous decisions that make a positive impact on their business. Our customer-oriented business model firmly follows satisfactory service through which our brand name is recognized in the market.

Contact Us:

Office No 101, Saudamini Commercial Complex,

Right Bhusari Colony,

Kothrud, Pune,

Maharashtra, India - 411038 (+1) 773 382 1049 +91 - 81800 - 96367

Email: sales@pristineintelligence.com

[sports9885]

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 custard are 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.

Global 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 analysis, patent analysis and consumer behaviour.

[marketinsight12]

Bubble Tea Market Outlook for Forecast Period (2023 to 2030)

Global Bubble Tea Market size was reasonably estimated to be approximately USD 2573.66 Million in 2023 and is poised to generate revenue over USD 5182.9 Million by the end of 2030, projecting a CAGR of around 10.50% from 2023 to 2030.

The bubble tea market has experienced exponential growth globally, emerging as a popular beverage choice among consumers of all ages. Originating from Taiwan, bubble tea, also known as boba tea or pearl milk tea, is a refreshing concoction typically made from tea, milk, flavorings, and tapioca pearls or other toppings. This market has expanded beyond its Asian roots, with numerous tea shops and franchises proliferating worldwide. The appeal of bubble tea lies in its customizable flavors, diverse toppings, and the experiential aspect of consuming the beverage, making it a trendy and Instagram-worthy drink. The market is characterized by innovation, with vendors constantly introducing new flavors, ingredients, and variations to cater to evolving consumer preferences.

Market Driver:

A key driver fueling the growth of the bubble tea market is the increasing demand for unique and indulgent beverage experiences among millennials and Gen Z consumers. These demographic groups prioritize experiential consumption and are drawn to novel and visually appealing products. Bubble tea, with its vibrant colors, customizable options, and playful toppings, aligns well with their preferences for Instagrammable and shareable food and beverage items. Additionally, the rise of social media platforms has accelerated the trend, as consumers actively seek out photogenic and trendy beverages to showcase on their profiles, thereby driving foot traffic to bubble tea establishments and fueling market expansion.

Market Opportunity:

An emerging market opportunity within the bubble tea industry lies in the development of healthier and functional beverage options to cater to health-conscious consumers. While traditional bubble tea formulations can be high in sugar and calories, there is a growing demand for healthier alternatives that offer nutritional benefits without compromising on taste. This presents an opportunity for vendors to innovate by incorporating natural sweeteners, plant-based milk alternatives, and functional ingredients such as superfoods, antioxidants, and probiotics into their beverage offerings. By tapping into the wellness trend and offering guilt-free options, bubble tea brands can attract a broader customer base and differentiate themselves in a competitive market landscape.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @

Leading players involved in the Bubble Tea Market include:

"Bobabox Ltd. (UK), Bubble Tea House Company (US), Fokus, Inc. (US), Gong Cha (Taiwan), Chatime Group  (Taiwan), Coco Fresh Tea & Juice (Taiwan), Cuppotee (US), ChaTime (Taiwan), Lollicup USA, Inc. (US), Bubble Tea Supply, Inc. (US), Sumo's (M) SdnBhd (Malaysia), T Bun International (US), Quickly  (Taiwan), Xing Fu Tang (Taiwan), Tiger Sugar (Taiwan), Yummy Town (Cayman) Holding Corporation (Happy Lemon) (Hong Kong), Ten Ren's Tea Time (Taiwan), K.O.I. The Co, LTD. (Taiwan), Troika JC (US), Boba Box Limited (UK), and Other Major Players." 

The latest research on the Bubble Tea market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Bubble Tea industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Bubble Tea market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

If You Have Any Query Bubble Tea Market Report, Visit:

Segmentation of Bubble Tea Market:

By Type

Black Tea

Green Tea

Oolong Tea

White Tea

By Component

Flavour

Creamer

Sweetener

Liquid

Tapioca Pearls

Others

By Flavour

Fruit

Taro

Strawberry

Classic                                                                               

Coffee                                                                        

By Toppings

Tapioca Pearls

Fruit Jellies

Popping Boba

Grass Jelly

By Distribution Channel

Bubble Tea Shops

Cafés

Bubble Tea Chains

Online Delivery Platforms

An in-depth study of the Bubble Tea industry for the years 2023–2030 is provided in the latest research. North America, Europe, Asia-Pacific, South America, the Middle East, and Africa are only some of the regions included in the report's segmented and regional analyses. The research also includes key insights including market trends and potential opportunities based on these major insights. All these quantitative data, such as market size and revenue forecasts, and qualitative data, such as customers' values, needs, and buying inclinations, are integral parts of any thorough market analysis.

Market Segment by Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

Reasons to Purchase this Market Report:

Market forecast analysis through recent trends and SWOT analysis

Bubble Tea Market Dynamics Scenarios with Market Growth Opportunities over the Next Year

Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts

Bubble Tea Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.

Competitive environment related to the Bubble Tea market share for key players, along with new projects and strategies that players have adopted over the past five years

Acquire This Reports: -

About Us:

We are technocratic market research and consulting company that provides comprehensive and data-driven market insights. We hold the expertise in demand analysis and estimation of multidomain industries with encyclopedic competitive and landscape analysis. Also, our in-depth macro-economic analysis gives a bird's eye view of a market to our esteemed client. Our team at Pristine Intelligence focuses on result-oriented methodologies which are based on historic and present data to produce authentic foretelling about the industry. Pristine Intelligence's extensive studies help our clients to make righteous decisions that make a positive impact on their business. Our customer-oriented business model firmly follows satisfactory service through which our brand name is recognized in the market.

Contact Us:

Office No 101, Saudamini Commercial Complex,

Right Bhusari Colony,

Kothrud, Pune,

Maharashtra, India - 411038 (+1) 773 382 1049 +91 - 81800 - 96367

Email: sales@pristineintelligence.com

[futuretonext]

Global Bubble Tea Market Growth

The global bubble tea market size reached USD 1.68 Billion in 2022 and is projected to grow at a CAGR of around 7.23% during the forecast period, i.e., 2024-30. The growth of the market is projected to be driven primarily by the buzz among individuals worldwide for bubble tea owing to its appeal & novelty. The world is observing a rapidly increasing number of people across different countries showing greater interest in innovative beverages infused with bold flavors and being highly experimental with flavors. Consequently, it is captivating consumer attention and amplifying the demand for bubble teas.

[iron-sparrow]

Elftober 【第十二天】 Knowledge

Yeah, that's a cup of pearl milk tea in Yein's hand. I'm using today's prompt ✨KNOWLEDGE✨ as an excuse to drop some mad unsolicited facts about the popular Taiwanese beverage. What's the occasion? Some dumb racist motherfuckers going viral, particular in the English-speaking Asian social media sphere.

So anyway, pearl milk tea (珍珠奶茶) originated in Taiwan (ROC) back in the 1980s. Some of you likely hear bubble or boba milk tea more; the "bubble" refers to the literal bubbles (泡泡) that form when shaking the tea, while "boba" refers to the enlarged tapioca balls. Yes, "boba" is actually derived from Chinese slang for large breasts, coming from Hong Kong sex symbol Amy Yip.

You'll find plenty of trivia all over the Internet about tapioca milk tea, but I want to stress the importance of this drink as a cultural icon for an entire nation that has struggled for decades to be recognized by world governments as its own country.

In Taiwan, bubble tea has become not just a beverage, but an enduring icon of the culture and food history for the nation. In 2020, the date April 30 was officially declared as National Bubble Tea Day in Taiwan. That same year, the image of bubble tea was proposed as an alternative cover design for Taiwan's passport. According to Al Jazeera, bubble tea has become synonymous with Taiwan and is an important symbol of Taiwanese identity both domestically and internationally. Bubble tea is used to represent Taiwan in the context of the Milk Tea Alliance.

Ignore your own feelings about pearl milk tea for a moment to simply appreciate its cultural impact around the world and how much that means to the millions of Asians spread around the globe. Here is a drink that came out of a Chinese-speaking nation that's been so widely accepted in its most basic form, without having to be altered ten different ways to be more palatable and marketable toward locals. It's a big deal, really, especially given the Western world's longstanding xenophobia toward Chinese people and just about everything we do or eat or whatever. While Japanese and Korean cuisines have enjoyed elevated pop status (double-edged blade there), the information war against Chinese continues and affects how we are perceived versus other Far Eastern ethnicities.

And how many instances have we seen by now of White people attempting to "rebrand" Chinese food (and mahjong lol) by claiming to have discovered a healthier, cleaner way to make it? Further perpetuating the belief that Chinese food is unhealthy or dirty, which can't be separated from the enduring sentiment that we are vermin or a virus since immigration out of China to NA became a noticeable trend in the 1800s.

The latest racist nitwits attempting to colonize for profit is a couple who appeared on Dragon's Den (like Shark Tank but Canadian, for those who didn't know) trying to get backing for their Montreal-based company, Bobba. Yeah. They fucking called it "Bobba."

"Yes, I'm talking about bubble tea: that trendy, sugary drink you are queueing up for, and you are never quite sure about its content. Those days are over with Bobba."

With their whole chests, these people had the caucasity to pitch this company to a panel that included Simu Liu, who has always been very outspoken about struggles unique to the Asian diaspora.

When grilled by Liu over their disrespect toward the origin culture, the idiot with the leopard-print collar went on to say "it's not an ethnical product anymore," because he and his business partner threw in popping bobas and fruit teas and juices. Hey, newsflash, chucklefucks ⸺ popping boba pearls and fruit teas/juices are also staples for most modern Chinese tea shops.

Simu Liu was the only one of the three panelists to offer scrutiny, even pointing out that the products the couple offered did not mention anything about Taiwan, despite the one guy's attempts to win Liu over by saying they're working with a Taiwanese manufacturer.

The couple is being torn apart online for very good reason, and I'm an even bigger fan of Simu Liu after his very eloquent summation of why Bobba (ugh) and the way it's being pitched is so problematic.

To quote author and journalist Kat Lieu, who founded Subtle Asian Baking ⸺

It's not that selling boba or other Asian products is wrong, but the issue arises when they're marketed as superior or "better" while portraying the original product as inferior, strange, unhealthy, or dirty and make a profit. It's crucial not to erase the identity and culture from which these products originate. To the person who said I appropriate the French when I make madeleines, tell that to my colonized Vietnamese ancestors who were forced to bake baguette for their colonizers

Before you come at me about not liking the texture of boba pearls or the flavor of traditional milk tea or whatever, bear in mind most legit tea shops will offer a variety of drinks with different toppings. Look around, explore your options, and most importantly, do not support colonizers.

Now if you'll excuse me, I think I'm gonna go get me some fruit teas with diced kiwi and aiyu jelly.

Back to your regularly scheduled Elftober tomorrow.

ELFTOBER PROMPT LIST

[accio-victuuri]

This will be a short discussion of what I originally planned regarding yibo endorsing national / homegrown brands recently and what it all means when talking about the bigger picture. and by that I mean, the connection between celebrities in CHN & nationalism as well as the increasing tension between CHN and other countries. As much as we all wanna live in a bubble of fandom where it’s all pretty boys & happiness, real life isn’t going that way.

I think Yibo knows that too and it’s influencing his choices. He had a personal experience with this — the whole NIKE fiasco in 2020 definitely was a lesson to him and his team. The risk of endorsing big international brands as a Chinese celebrity is real. It happened before and it may ( or will ) happen again. You never know what issue is going to pop up and suddenly, it’s all gone. We have seen time and again how the CCP can quickly direct these celebrities to sing and dance in whatever tune they like.

Let’s start with the biggest one he signed on to right after the whole nike fiasco. ANTA. It’s on record that as soon as WYB dropped Nike, there was a bidding of sorts on who is the domestic brand that will get him. ANTA wasn’t the highest offer, but he chose them because they are a national brand.

Then the list just goes on. A couple of these are due for renewal this year but just to illustrate which brands he is working with since 2021:

(In no particular order)

Redmi, Lenovo, Youku, Pechoin, Chunzhen, Super X, Bananain, Master Kong Iced Tea, Kelly One, Linsy, Bottled Joy, IKIDE, Helen Keller Glasses, SKG, Stride, Tokit, Chando, Unicharm, Rotai

I could be missing 1 or 2 but it’s a lot. for someone who averages 25-30 brands in a year all holding his name as endorser, the number of domestic ones is a lot.

This trend became more evident when looking at his new endorsements this year (2023):

5 out of the 6 brands are domestic.

It’s the reason why I had the urge to make this post, especially with him being announced as YAYA’s chief spokesperson. Personally, the last domestic brand surge I remember was 2021 and there were a couple of articles written about that. This year, the domestic brands are at it again and tapping celebrities to get more attention. It says a lot that these brands picked Yibo to represent this growth. It’s easy to sign on to a well known brand with a string of high profile endorsers before you, so this is again, a testament to Yibo’s character. He is not afraid to lend his name and reputation to the Nameless/Unknown ( i had to reference it i’m sorry lol ). He takes into consideration not just his growth but also his people, these Chinese companies who are fighting with brand titans.

He is also the go-to choice because his good reputation and appeal to the younger generation.

I think Wang Yibo’s age is more in line with this social group. He is a very positive young man. Recently, Wang Yibo is in the process of transforming from an idol to a powerful actor. He is more in line with the youthfulness of our future brand. (quote from tailing’s president )

I have taken this screenshot from an article by jingdaily that is worth a read. another factor is the general population’s preference as well. whether this is something that yibo & his team is taking into consideration, we don’t know but with the choices they are making i guess the answer is obvious.

This year too, I have noticed a shift in c-ent with celebrities being courted by international brands who thinks it’s safe (for) now to be visible in the CHN market again. I have no beef with these celebrities, you gotta do what you gotta do. International brand deals are hella lucrative and some luxury ones are considered an honor to be a part of. I mean even Yibo is very visible in promoting Chanel.

I get the lure of big brand endorsements but that doesn’t take away the reality of what could happen and that planning ahead is important. Yibo is more capable than people give him credit for. I think a lot of people underestimate his ability to look at a situation and make decisions that will benefit his career in the long run. To put it simply, if and when things go south in the political side of things he is prepared and there won’t be much of a loss in the endorsement side of things. It’s a very smart business move and you can add patriotic points too so that makes it perfect.

Yibo is really the one who walks the talk. This saying really applies to him more than anyone cause that is his essence as a person — you will see the truth in him with what he does. His actions speaks volumes. He will take a stand on what he believes in even if everyone else is going the opposite direction. ���

DISCLAIMER: This post is very much about Yibo if you couldn’t already tell, and my observation as a fan. It’s not meant to compare him to other CHN celebrities cause I don’t have the time and interest in making a comparison study of who has the most domestic brand endorsements. If another stan finds this and is somehow offended in behalf of their fave, it’s not my fault. Feel free to make your own post talking about how great your fave is. Thank you!

[thelaughingcowplant]

San Myshuno Meadows Mall

This build is based off of the Eaton Center in Toronto Ontario.

The mall is decorated for Christmas for Christmas gameplay shopping.

All items have been marked for sale. *While play testing I noticed that even with 3 employees it was still rather difficult to get to customers to ring them up as there are 3 retail floors.

The fourth floor is a food court that offers a cafe, 2 resturants, and 6 vendors. Looking online it states that only 4 vendors can be on a lot at a time. * However While play testing I found that only two vendors will allow for hire. Little Ms Sam's has a mod that will add a lot trait to auto hire vendors. If you play with mods this is highly recommended. *If you decide to change the lot type to community market place from eco lifestyle it will auto hire up to 3 vendors. This would be recommended if you are looking to use the lot mostly as a hangout opposed to retail.

The First Floor:

Freezer Bunnies - Childs toy store

Sport Simmers - Outdoor sports store

Simsy - Clothing unisex store for young adults

Bubbly - Bubble tea shop

Photobooth

Public Bathrooms

Second Floor:

Bella's Boutique - High end beauty store (owned by Bella Goth)

Plumbz - Mens modern fashion store

Llama Up - Tech store

Paws & Claws - Pet store

Lounge for breaks from shopping

Photo booth

Public Bathrooms

Third Floor:

LaLa Lamas - Fitness clothing and activity store (owned by Thorns)

Costal Plumbobs - Infant and Toddler items store

Seasons - Holiday nick nack store (How do they stay open?)

Trendz - Home furniture trend store

Public Bathrooms

Photo Booth

Vending Machines

Fourth Floor

Food Court:

American Food Vendor

Mexican Food Vendor

Indian Food Vendor

Vietnamese Food Vendor

Chinese Food Vendor

Japanese Food Vendor

Within the Food Court:

Circles Cafe (located in the top dome)

Sky Shpansa (mini chain from Windenburg)

Cactus (dark moody resturant)

Photo booth

Public Bathrooms

In this save file the lot is owned and operated by the Landgrab Shopping Centers. This is the second location opened (the first one from Del Sol Valley)

This lot was placed in San Myshuno replacing the Art Center on a 30x40 lot at 546 kb - it is on the gallery as Landgrab Shopping mallV4

As I work towards finishing off Willow Creek of my Save file I thought I would give a sneak peak into some of what I am working on. My builds come to me in the moment, this past week it was building a Christmas decorated mall.

Stay tuned for more on my Canadian Save File <3

[adityarana1687-blog]

Popping Boba Market Size To Reach $5.68 Billion By 2030

The global popping boba market size is estimated to reach USD 5.68 billion in 2030, growing at a CAGR of 11.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Popping boba, made from natural fruit juices and seaweed extracts, satisfies this demand while providing a delightful sensory experience. Its low-calorie content and the absence of added sugars make it an appealing choice for health-conscious individuals. Moreover, the rising disposable incomes in developing economies, particularly in Asia, are enabling consumers to explore premium beverage options, further boosting the demand for popping boba.

Manufacturers increasingly focus on using natural fruit extracts and avoiding artificial colors and flavors, catering to health-conscious consumers. Moreover, the expanding assortment of popping boba flavors, from classic fruity options to more exotic and savory blends, caters to diverse preferences and fuels continued experimentation and discovery within the market. Consumers are actively seeking out healthier alternatives to traditional sugary drinks, and popping boba often contains natural fruit flavors and reduced sugar content. This aligns with the growing demand for healthier beverages, particularly among younger generations, who are increasingly conscious of their diet and overall well-being.

The fruit-flavored popping boba segment held a major share of the market in 2023. The growing emphasis on fruit flavors can be attributed to changing consumer attitudes towards health and wellness. With a rising awareness of the benefits of natural ingredients, consumers are increasingly drawn to fruit-flavored options that are perceived as healthier alternatives to traditional sweets. This trend has led to the creation of innovative flavor combinations and the infusion of superfood elements, such as acai and matcha, into boba products. Moreover, as consumers prioritize their health alongside sensory experiences, fruit flavors are likely to remain a driving force in the growth of the market, encouraging brands to experiment further with exotic fruit blends and organic sourcing.

The bubble tea segment held a major share of the market in 2023. The bubble tea market has witnessed a burst of innovation in terms of flavors and formulations, with businesses regularly introducing new and seasonal options to attract customers. The introduction of limited-time offerings featuring exotic fruit flavors or collaborations with popular brands has become a critical marketing strategy. Moreover, the trend of DIY bubble tea kits has gained traction, enabling consumers to recreate their favorite drinks at home, thereby expanding the application's reach beyond traditional retail. This burgeoning market segment not only caters to the increasing demand for customized beverages but also fosters creativity among consumers, further solidifying the place of popping boba within the broader bubble tea landscape. Besides, the trend of experiential consumption, where consumers seek out memorable dining experiences, has fueled the growth of bubble tea shops, particularly in urban areas.

The food service segment held a major share of the market in 2023. The versatility of popping boba makes it an attractive product for food service operators who are keen on innovating their menus. With a wide variety of flavors available ranging from tropical fruits to indulgent desserts businesses can cater to different palates and dietary preferences, including gluten-free and vegan options. This adaptability allows food service outlets to continuously engage their clientele by frequently introducing limited-time offers or seasonal specials that incorporate popping boba. In addition to drinks and desserts, chefs are creatively utilizing popping boba in savory dishes, such as salads and appetizers, showcasing the ingredient's versatility and paving the way for new culinary trends.

Asia Pacific accounted for the largest share of the market in 2023, driven by changing consumer preferences, evolving culinary trends, and innovative product offerings. The increasing popularity of bubble tea, particularly in countries like Taiwan, China, South Korea, the Philippines, and Thailand, has catalyzed the demand for innovative boba flavors. Moreover, the proliferation of specialty bubble tea shops, cafes, and convenience stores across the region has made bursting boba more accessible to consumers. Besides, the rapid urbanization and expansion of e-commerce in the Asia Pacific further bolster the demand for juicy tapioca pearls.

Request a free sample copy or view report summary: Popping Boba Market Report

Popping Boba Market Report Highlights

North America is expected to grow with a considerable CAGR over the forecast period from 2024 to 2030. Health-conscious consumers are seeking alternatives to traditional sugary syrups and are attracted to popping boba's potential for flavored, low-calorie options, as well as the use of natural ingredients driving the market's expansion. Moreover, food service operators in North America are responding to this trend by incorporating popping boba into their menus, ranging from specialty tea shops to mainstream coffee houses, thus diversifying their offerings and attracting a wider customer base.

The coffee-flavored popping boba segment is estimated to grow with a substantial CAGR over the forecast period. Various flavors such as espresso, mocha, hazelnut, and caramel are becoming increasingly popular as manufacturers experiment with different roasting techniques and flavor profiles. Moreover, the expansion of coffee-flavored popping boba aligns with the rising health consciousness among consumers, as companies are now focusing on producing lower-calorie and naturally flavored options.

The smoothies and beverages segment is estimated to grow with a substantial CAGR over the forecast period. The increasing demand for unique and customizable beverage options has encouraged cafes, juice bars, and restaurants to incorporate popping boba into their menus, resulting in a proliferation of flavored smoothies and drinks that attract a younger demographic seeking novelty and fun in their culinary experiences.

The retail segment is estimated to grow with a substantial CAGR over the forecast period. In the retail sector, the distribution of popping boba products has become increasingly diverse, encompassing various channels such as supermarkets, specialty stores, and online platforms. Traditional retail outlets like supermarkets have started to dedicate more shelf space to ready-to-use popping boba products, catering to the growing number of home consumers looking to replicate their favorite bubble tea experiences at home.

Popping Boba Market Segmentation

Grand View Research has segmented the global popping boba market based on flavor, application, distribution channel, and region:

Popping Boba Flavor Outlook (Revenue, USD Million; 2018 - 2030)

Fruit Flavors

Tea Flavors

Coffee Flavors

Chocolate Flavors

Others

Popping Boba Application Outlook (Revenue, USD Million; 2018 - 2030)

Bubble Tea

Frozen Yogurt Toppings

Ice Cream Toppings

Smoothies & Beverages

Others

Popping Boba Distribution Channel Outlook (Revenue, USD Million; 2018 - 2030)

Food Service

Retail

Supermarkets & Hypermarkets

Convenience Stores

Online

Others

Popping Boba Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Mexico

Europe

U.K.

Germany

France

Italy

Spain

Asia Pacific

Taiwan

China

Japan

India

South Korea

Australia & New Zealand

Central & South America

Brazil

Middle East & Africa

South Africa

List of Key Players in Popping Boba Market

Tachiz Group

PT. Formosa Ingredient Factory Tbk.

Nam Viet F&B

Italian Beverage Company

Brilsta 

Sunnysyrup Food Co, Ltd.

Possmei 

Golden Choice Marketing Sdn Bhd

Bossen 

Boba Box Limited

[tamanna31]

Bubble Tea 2023 Industry – Challenges, Drivers, Outlook, Segmentation - Analysis to 2030

Bubble Tea Industry Overview

The global bubble tea market size was valued at USD 2.75 billion in 2022 and is expected to register a compound annual growth rate (CAGR) of 8.9% from 2023 to 2030.

Increasing the intake of tea and coffee as nootropic drinks among working individuals and students is a major factor in the market growth. Moreover, the low-calorie contents and zero fat of such beverages are propelling thedemand further. The growing popularity of varioustypes of hot beverages is also likely to drive the demand for bubble tea. In addition, health experts suggest that balanced consumption of such beverages improves concentration and brain function. Bubble tea is gaining popularity owing to its different tastes and availability of various flavors, such as fruits, coffee, chocolate, and simple classic.

Gather more insights about the market drivers, restrains and growth of the Bubble Tea Market

The bubble tea beverages are prepared along with ice, flavored syrups, and sugar. Growing preference for tea, coffee, and other flavored beverages more than carbonated drinks is expected to boost product demand during the forecast period. The market experienced slow growth on account of the COVID-19 pandemic, which caused continuous lockdowns in major cities across the globe. There was a shortage in raw material supply. The production of jelly-like pearls made of tapioca was stopped during the pandemic, which had a negative impacton the market growth. However, the popularity of bubble tea has increased over the decades and the industry is expected to expand rapidly post-pandemic.

However, the raw ingredients used for preparing bubble tea are made with sugars, which can be dangerous if consumed in excessive amounts. This is the major factor limiting market growth. In addition, the amount of sugar consumed along with bubble tea can pose varioushealth risks. The consumption of high levels of sugar can lead to serious health complications like obesity, heart disease, cognitive decline, Non-Alcoholic Fatty Liver Disease (NAFLD), and also some forms of cancer. These factors are restraining the market growth. The rising popularity of bubble tea trends among the young generation is creating new opportunities for the key players to offer variations of the beverage. Key players can offer different flavors of boba tea, which can help them capture a higher market share as colorful bubbles and flavored beverages are widely popular.

Browse through Grand View Research's Consumer F&B Industry Research Reports.

• The global frozen bakery market size was estimated at USD 67.27 billion in 2023 and is projected to grow at a CAGR of 5.2% from 2024 to 2030.

• The global organic rice protein market size was valued at USD 69.5 billion in 2023 and is projected to grow at a CAGR of 12.9% from 2024 to 2030.

Global Bubble Tea Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segment from 2017 to 2030. For the purpose of this study, Grand View Research has segmented the global bubble tea market report on the basis of type, flavor, and region:

Type Outlook (Revenue, USD Million, 2017 - 2030)

Black Tea

Green Tea

Oolong Tea

White Tea

Flavor Outlook (Revenue, USD Million, 2017 - 2030)

Fruit

Taro

Strawberry

Classic

Coffee

Other

Regional Outlook (Revenue, USD Million, 2017 - 2030)

North America

US

Canada

Mexico

Europe

UK

Germany

France

Italy

Spain

Asia Pacific

China

India

Japan

Australia

Taiwan

Central & South America

Brazil

Middle East & Africa

South Africa

Key Companies & Market Share Insights

Major companies are focusing on expanding their global presence. In addition, key players are launching new varieties of flavors and tea options to gain a competitive advantage. For instance,

In June 2019, Malaysia-based ‘Secret Recipe’, a famous restaurant chain, launched new bubble tea flavors including boba signature fruit tea, boba brown sugar milk tea, and boba kopi-C

In April 2022, BUBLUV, Inc., a New York-based start-up, announced the release of its much-awaited BUBLUV Bubble Tea, the first Ready-To-Drink (RTD) healthier boba substitute with less than 50 calories per bottle and no added sugar or chemical components.

Some of the prominent players in the global bubble tea market include:

Bobabox Ltd.

Bubble Tea House Company

Fokus, Inc.

Gong Cha

ChaTime

Lollicup USA, Inc.

Bubble Tea Supply, Inc.

T Bun International

Ten Ren’s Tea Time

Troika JC

Order a free sample PDF of the Bubble Tea Market Intelligence Study, published by Grand View Research.

[foodandbeverages]

Bubble Tea Market Earnings Margins, Value Of Production & Consumption Demand Figures 2023 to 2033

The Bubble Tea Market (Bubble Tea-Markt)  is expected to increase at a 9% CAGR from 2023 to 2033, above the 9.1% CAGR witnessed between 2018 and 2022. This huge increase in growth rate suggests a high demand for bubble tea, resulting in a significant increase in market value from US$ 2.72 billion in 2023 to US$ 6.17 billion by 2033.

The bubble tea market has experienced enormous expansion and appeal in recent years. Consumer demand for unique and exotic beverages is one of the primary drivers of this expansion. Bubble tea, also known as boba tea, is a refreshing blend of tea, milk, fruit tastes, and chewy tapioca pearls that appeals to a wide range of palates.

The market is driven by the growing popularity of Asian cuisine and the influence of social media, which has played a significant role in promoting and popularizing bubble tea globally. The visually appealing presentation, customizable options, and innovative flavors have made bubble tea a trendy and sought-after beverage choice.

There are, nevertheless, some constraints and hazards to consider. Some bubble tea versions have a high sugar content, which has generated concerns about their influence on health and wellness. Furthermore, the market’s expanding competition, with several bubble tea brands emerging, presents a challenge for new and established businesses.

Despite these obstacles, the bubble tea market offers numerous potential. Sugar-free and fruit-based bubble tea varieties have been developed in response to increased customer demand for healthier options. Furthermore, growing market presence through online delivery platforms and cooperation with other food and beverage companies can assist in reaching new client groups and increasing market reach.

The bubble tea sector has numerous potential for expansion and innovation. Market players can continue to capitalize on the popularity and demand for bubble tea and drive the market’s expansion by addressing consumer health concerns, adopting new taste profiles, and employing digital marketing methods.

Information Source: https://www.futuremarketinsights.com/reports/bubble-tea-market

Key Takeaways

In the United States, the market is growing at a CAGR of 23.9% in 2022.

The United Kingdom is expected to develop at a CAGR of 5.1% by 2033, suggesting a strong industry outlook and rising consumer interest in novel beverage options.

The increased popularity of specialty beverages and the influence of global food trends are predicted to push India’s Bubble Tea market to a CAGR of 4.7% by 2033.

China’s Bubble Tea market is expected to develop at a CAGR of 11.4% by 2033, driven by the country’s growing urban population and changing customer preferences for creative and refreshing beverages.

Japan’s market has a compound annual growth rate of 4.8% as per the forecast for 2022.

Key companies proliferating in the bubble tea market

Bobabox Ltd.

Bubble Tea House Company

Fokus, Inc.

Gong Cha

ChaTime

Lollicup USA, Inc.

Bubble Tea Supply, Inc.

T Bun International

Ten Ren’s Tea Time

Troika JC

Recent Developments:

CoCo Fresh Tea & Juice is a global bubble tea franchise that stresses using fresh, high-quality ingredients. Their distinctive fruit teas combine fresh fruits with tea to create refreshing and tasty beverages.

Tiger Sugar is known for its distinctive and visually appealing cocktails with a “tiger stripe” pattern. They specialize in brown sugar bubble tea, which is made with slow-cooked brown sugar syrup for a rich, caramelized flavor profile.

[windyjohn01]

Global Bubble Tea Kit Market Report – Size & Forecasts (2024)

This report provides a comprehensive analysis of the Global Bubble Tea Kit Market, focusing on various segments such as By Type: Black Tea, Green Tea, Oolong Tea, White Tea, By Flavor: Fruit, Original, Chocolate, Coffee, Others By Enduse: Households, Commercial By Distribution Channel: Supermarkets/Hypermarkets, Online Retail, Health Food Stores, Pharmacies, Specialty Stores. The market is anticipated to grow from USD 2,677.5 million in 2023 to USD 5,133.3 million by 2033, reflecting a CAGR of 7.5%. Key factors driving this growth include the increasing popularity of bubble tea, innovations in product offerings, and the expansion of online and offline distribution channels. The market’s leading region, Asia Pacific, benefits from established consumer preferences and an extensive distribution network. This detailed analysis covers all essential market dynamics to provide a clear understanding of current trends and future opportunities.

The bubble tea kit market encompasses products designed for making bubble tea at home, including tea bases, flavorings, and tapioca pearls. These kits allow consumers to recreate the popular bubble tea experience without visiting specialty stores. The market has grown substantially due to the increasing popularity of bubble tea, known for its unique texture and flavors. With a diverse range of product offerings and convenient distribution options, bubble tea kits cater to a broad consumer base seeking quality and convenience in beverage preparation.

Asia Pacific held the largest market share in 2023, driven by high consumption rates and a strong cultural preference for bubble tea.

Key Market Drivers

Increasing Popularity of Bubble Tea: Growing consumer interest in bubble tea has significantly contributed to the market’s expansion. The unique taste and texture of bubble tea appeal to a wide audience.

Rising Trend of DIY Kits: The shift towards home preparation of beverages has driven demand for bubble tea kits, offering consumers convenience and customization.

Product Diversification: The introduction of various tea types, flavors, and additional ingredients has attracted a diverse consumer base.

Expanding Distribution Channels: The proliferation of online retail platforms and the expansion of supermarkets and hypermarkets have made bubble tea kits more accessible to consumers worldwide.

Get more information on “ Global Bubble Tea Kit Market Report” by requesting FREE Sample Copy at https://www.eternalmarkets.com/report/bubble-tea-kit-market-2024-global-dynamics-trends-forecast/#tab-request-sample

Restraining Factors

High Cost of Premium Kits: The premium pricing of certain bubble tea kits may limit their accessibility to price sensitive consumers, impacting overall market growth.

Health Concerns: Rising health consciousness among consumers may pose a challenge, as some bubble tea kits contain high sugar content and artificial additives.

Market Saturation: The increasing number of competitors and the saturation of the market with similar products may lead to price wars and reduced profit margins.

Supply Chain Disruptions: Issues such as supply chain disruptions and fluctuations in raw material prices can impact the production and availability of bubble tea kits.

Future Outlook

Innovation in Product Offerings: Continued innovation in bubble tea flavors and ingredients will drive market growth. Companies are expected to introduce new flavors and healthier options to meet evolving consumer preferences.

Growth in Online Retail: The expansion of ecommerce platforms will enhance the availability and convenience of purchasing bubble tea kits, contributing to market growth.

Expansion into New Markets: As bubble tea gains popularity in regions outside its traditional markets, there will be increased opportunities for market expansion and new consumer segments.

Sustainability Trends: Growing awareness of environmental issues may lead to the development of eco friendly packaging and sustainable sourcing of ingredients, influencing market dynamics.

Key Players

Leading companies in the Global Bubble Tea Kit Market include:

Biju Bubble Tea Bar

Boba Guys

Boba Tea

Chatime Group

Chun Shui Tang

Coco Fresh Tea & Juice

Comebuy

Ding Tea

Gong Cha

Happy Lemon

Heytea

Holdings Corporation

K.O.I. The Co., LTD.

Other Market Leaders In The Business

Inquire Before Buying at https://www.eternalmarkets.com/report/bubble-tea-kit-market-2024-global-dynamics-trends-forecast/#tab-inquire-before-buying

Recent Developments

2024: Boba Guys Launched a new line of bubble tea kits featuring innovative flavors and eco friendly packaging.

2023: Coco Fresh Tea & Juice Expanded its product range by introducing ready to use bubble tea kits in major supermarkets and online retail platforms.

2023: Chatime Group Partnered with Amazonto to enhance the availability of its bubble tea kits through improved online distribution channels.

2022: Gong Cha Introduced a new series of low sugar bubble tea kits, catering to the growing health conscious consumer segment.

Market Segmentation

By Type: Black Tea, Green Tea, Oolong Tea, White Tea

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

By Enduse: Households, Commercial

By Distribution Channel: Supermarkets/Hypermarkets, Online Retail, Health Food Stores, Pharmacies, Specialty Stores

By Geography:

  AsiaPacific: China, Japan, India, Rest of APAC (RoAPAC)

  North America: U.S., Canada

  Europe: Germany, U.K., France, Italy, Spain, Rest of Europe (RoE)

  South America: Brazil, Argentina, Rest of South America

  Middle East & Africa: GCC, Israel, South Africa, Rest of MEA

Regional Insights

AsiaPacific: Dominates the market due to high consumption rates and a strong cultural preference for bubble tea. The region benefits from extensive distribution networks and established consumer bases.

North America: Shows significant growth potential driven by increasing awareness and adoption of bubble tea. The expanding presence of specialty stores and online platforms supports market expansion.

Europe: Experiencing gradual growth with rising consumer interest in diverse beverage options. The market is expected to expand as bubble tea becomes more popular across European countries.

Final Insights

The global bubble tea kit market is experiencing robust growth, driven by increasing consumer demand for convenient and customizable beverage options. The market is set to expand significantly over the forecast period, with innovations in product offerings and distribution channels playing a crucial role. Despite challenges such as high costs and competition from ready-to-drink products, the market’s future looks promising with a strong emphasis on sustainability and health-conscious products. The Asia-Pacific region leads the market, but significant opportunities exist in North America and Europe due to rising popularity and consumer awareness.

About Us:

Eternal Markets offers premium dynamic measurable looking over, statistical surveying reports, investigation and figure information for enterprises and governments around the world.

Eternal Markets see how fundamental measurable looking over data is for your association or affiliation. In this manner, we have related with the top distributors and research firms all had practical experience in explicit areas, guaranteeing you will get the most dependable and exceptional research information accessible. We additionally give COTS (Commercial off the Shelf) business division reports as custom investigation concurring your specific needs.

Contact Us:

Eternal Markets

2985, Cedar Brook drive, Decatur GA 30033, USA

T: +1-860-419-5851

For Sales Enquiries: sales@eternalmarkets.com

Website: https://www.eternalmarkets.com