#Taiwan Coffee Market Trend
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Taiwan Coffee Market: Forthcoming Trends and Share Analysis by 2030
Taiwanâs Coffee Market is Expected to Grow at a Significant Growth Rate, and the Forecast Period is 2023-2030, Considering the Base Year as 2022.
Taiwan is a large consumer market with a rapidly growing coffee sector. The growth is driven by several factors, such as the growing popularity of coffee among young people, the increase in the number of coffee shops in Taiwan and the growing demand for specialty coffee.
The coffee market in Taiwan is divided into two. main categories roasted coffee and green coffee. Roasted coffee is the most popular type of coffee in Taiwan, accounting for about 60% of the market. Green coffee is a less popular type of coffee, but it is growing in popularity as more and more people are interested in roasting coffee beans.
The biggest players in Taiwan's coffee market are international coffee chains such as Starbucks, Coffee Bean and Tea Leaf and Gloria Jean's Coffees, as well as local coffee chains such as Five Senses Coffee and CĂ PhĂȘ Ăng BÄur.
The future of Taiwan's coffee market is bright. bright The market is expected to continue to grow in the coming years due to the increasing popularity of coffee among young people and the increase in the number of coffee shops in Taiwan. The market is also expected to benefit from increased demand for specialty coffee.
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Updated Version 2024 is available our Sample Report May Includes the:
Scope For 2024
Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (structure of the report)
Research methodology adopted by Worldwide Market Reports
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.
Leading players involved in the Taiwan Coffee Market include:
Starbucks (United States), Costa Coffee (United Kingdom), McDonald's McCafe (United States), 7-Eleven (United States), Dante Coffee (Taiwan), Taiwan Coffee (Taiwan), The Coffee Bean & Tea Leaf (United States), Tully's Coffee (United States), Pacific Coffee (Hong Kong, China), Doutor Coffee (Japan), Cama Coffee (China), Louisa Coffee (China), Hollys Coffee (South Korea), Mister Donut (Japan), Ediya Coffee (South Korea), Paul Bassett (Australia), Barista Coffee (India), Wisteria Tea & Coffee (Taiwan)Akuma Coffee (Taiwan), Cama Cafe (Taiwan) and Other Major PlayersÂ
If You Have Any Query Taiwan Coffee Market Report, Visit:
Segmentation of Taiwan Coffee Market:
By Forms
Whole Coffee Beans
Ground Coffee
Instant Coffee
Coffee Pods & Capsules
Espresso
Others
By Source
Arabica
Robusta
By Speciality Coffee
Single-Origin Coffee
Micro-Lot Coffee
Organic Coffee
Direct Trade Coffee
Cold Brew & Nitro Cold Brew Coffee Others
By Process
Caffeinated
Decaffeinated
By Flavors
Vanilla
Caramel
Hazelnut
Mocha
Cinnamon
Others
By Distribution Channel
On-trade
Off-trade
By End-Users
Individual Coffee Drinkers
Coffee Shop Patrons
Office & Workplace Consumers
Catering & Hospitality Industry
Bakeries & Dessert Shops
Others
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)
Highlights from the report:
Market Study: It includes key market segments, key manufacturers covered, product range offered in the years considered, Global Taiwan Coffee Market, and research objectives. It also covers segmentation study provided in the report based on product type and application.
Market Executive Summary: This section highlights key studies, market growth rates, competitive landscape, market drivers, trends, and issues in addition to macro indicators.
Market Production by Region: The report provides data related to imports and exports, revenue, production and key players of all the studied regional markets are covered in this section.
Taiwan Coffee Market Profiles of Top Key Competitors: Analysis of each profiled Roll Hardness Tester market player is detailed in this section. This segment also provides SWOT analysis of individual players, products, production, value, capacity, and other important factors.
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#Taiwan Coffee#Taiwan Coffee Market#Taiwan Coffee Market Size#Taiwan Coffee Market Share#Taiwan Coffee Market Growth#Taiwan Coffee Market Trend#Taiwan Coffee Market segment#Taiwan Coffee Market Opportunity#Taiwan Coffee Market Analysis 2023
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VIATT 2025 set to advance sustainability and digitalisation in Vietnamâs textile industry
In recent years, Vietnam has rapidly transformed into one of the worldâs key textile producers, solidifying its position as the worldâs third-ranked exporter behind China and Bangladesh. With a history rooted in silk textile craftsmanship and currently embracing wide ranging modern textile production, the countryâs thriving sector offers tremendous growth prospects for both domestic and international businesses. In a bid to harness the potential in Vietnam and Southeast Asia, the Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) will return from 26 â 28 February 2025, with a renewed focus on promoting sustainability and digital transformation.
Vietnam's textile and apparel sector comprises approximately 7,000 companies and employs over three million workers, with 80% of production capacity used for export and 20% for domestic consumption. Progress is aided by well-developed logistics networks, skilled labour and a stable political environment. As its textile industry evolves, several key trends are influencing its future direction, reflecting a growing emphasis on sustainability and technological advancement, and leading to new opportunities for exhibitors and buyers across the value chain at Vietnamâs comprehensive textile showcase.
Major trends shaping Vietnam's textile market reflected at VIATT
More Vietnamese enterprises are adopting eco-friendly materials, including organic cotton, recycled polyester, and Tencel, while numerous global brands manufacture in Vietnam, and have committed to the "Fashion Industry Charter on Climate Action", aiming to achieve net-zero carbon emissions by 2050.
To further advance sustainable initiatives in the domestic and international textile industry, VIATT 2025 will introduce Econogy Hub, a dedicated platform for innovative, eco-friendly suppliers and service providers to connect with like-minded visitors. The showâs other new Texpertise Econogy features will include the Econogy Finder, an independent verification tool to help sustainable exhibitors effectively communicate their green credentials, and Econogy Talks, the overarching category for eco-focused seminars, forums, and product presentations.
Apart from sustainability, the Vietnamese textile industry is also embracing advanced technologies in design and manufacturing. The launch of the fairâs Innovation & Digital Solutions Zone will provide a centralised platform for exhibitors to showcase innovations such as 3D printing, AI-driven design, and digital printing, which enable manufacturers to boost efficiency and customise products to meet specific market demands.
As well as the introduction of two new product zones, the India Pavilion, organised by The Cotton Textiles Export Promotion Council (TEXPROCIL), will also make its debut at VIATT 2025. Additionally, the Japan and Taiwan Pavilions have confirmed their return, with the Japan Pavilion recognised by VIATTâs visitors as a standout showcase within Southeast Asia's textile fair landscape. Overall, the fair will feature a diverse range of exhibitors across apparel, home textiles, and technical textiles, with many showcasing innovative and sustainable products. Highlighted exhibitors in each sector include:
Apparel fabrics, yarns & fibres and garments
Alumo AG (Switzerland): with over a century of expertise, this STeP by OEKO-TEX-certified company creates high-quality cotton shirting fabrics utilised by leading shirt designers. The company is dedicated to maintaining the art of weaving, ensuring that each fabric is finely crafted.
Wynist Retail Solutions (Taiwan):Â committed to sustainability, Wynist focuses on recycling and upcycling post-consumer and agricultural waste, transforming raw materials such as coffee grounds and textile waste into products with practical, on-trend industry applications.
Home & contract textiles
Sigma Vietnam Industrial (Vietnam):Â specialising in home textiles, the companyâs innovative range of products includes bedding, curtains, and upholstery fabrics. It integrates traditional craftsmanship with modern design, ensuring that its offerings meet both aesthetic and functional needs.
Coolist Life Technology (China):Â the leading bio-based polyurethanes solutions and applications enterprise announced a new technology in 2024, that utilises captured carbon dioxide combined with bio-based polyol, to create a new generation of bio-based and bio-degradable foam.
Technical textiles, nonwovens, and textile technologies
Ultra Tech Asia (USA):Â as a leader in advanced textile solutions, the company offers innovative nonwoven materials for various applications, such as medical, automotive, and personal care, designed to meet the rising demand for high-performance textiles in diverse industries.
JB ECOTEX Limited (India):Â one of the leading manufacturers and exporters of high-quality recycled polyester staple fibre (RPSF) and rPET Flakes, the company has transformed millions of used plastic bottles into superior-grade, eco-friendly products. Since its inception, the company has maintained a zero-liquid discharge policy, and 50% of its power is generated from renewable resources.
The Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) is organised by Messe Frankfurt (HK) Ltd and the Vietnam Trade Promotion Agency (VIETRADE), covering the entire textile industry value chain. For more details on this fair, please visit www.viatt.com.vn or contact [email protected].
VIATT will be held from 26 â 28 February 2025.
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Bubble Tea 2023 Industry â 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.
âą 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.
âą 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 âSecret Recipeâ, 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 Renâs Tea Time
Troika JC
Order a free sample PDF of the Bubble Tea Market Intelligence Study, published by Grand View Research.
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Bucket list in my late 20s
Updated list of things I want to cross out before I d-word. This serves as both an inspiration and reminder for me to work hard and enjoy the fruits of my hard work.
Local (Philippines)
Explore Palawan - Visit the Underground River and take a boat tour in El Nido.
Island-hop in Siargao - Relax on the white sand beaches and visit the Sugba Lagoon.
Visit Ilocos Sur and Ilocos Norte - Wander through the cobblestone streets of this UNESCO World Heritage Site.
Relax in Tagaytay - Enjoy the view of Taal Volcano from a cozy café.
Explore Intramuros, Manila - Discover the historic walled city and its Spanish-era landmarks.
Visit Davao's Eden Nature Park - Stroll through gardens and enjoy panoramic views.
Explore Batanes - Experience the serene landscapes and traditional Ivatan houses.
Visit the Chocolate Hills in Bohol - Marvel at these unique geological formations and check on the Tarsier sanctuaries.
Explore Cebuâs Historic Sites - Visit Magellan's Cross, Fort San Pedro, and Temple of Leah and more.
Attend the Sinulog Festival in Cebu - Experience vibrant street parades and cultural performances.
Visit Sagada - Experience the serene mountain scenery, explore the Hanging Coffins, and unwind in Echo Valley.
Tour the Banaue Rice Terraces - Marvel at these ancient terraces and learn about the Ifugao culture.
Visit a traditional Ifugao village - Learn about indigenous customs and crafts.
Watch an indie film at the Cinematheque Centre Manila - Explore local cinema.
Join a local pottery-making workshop - Create your own clay masterpiece.
Attend a Filipino cultural show at CCP - Experience traditional music and dance.
Learn about Filipino history at the National Museum - Explore the rich cultural heritage.
Attend a local music festival - Discover new artists and enjoy live performances.
Abroad (Japan and gaming focused)
Visit Kyoto, Japan - Explore the temples, gardens, and traditional tea houses in this historic city.
Experience the cherry blossoms in Tokyo - Stroll through parks and enjoy hanami (flower viewing).
Explore Akihabara, Tokyo - Dive into the world of gaming and otaku culture, especially otome games.
Visit the Pokémon Center in Osaka - Enjoy the themed merchandise and activities.
Visit Japan during Cherry Blossom Season - Stroll through sakura-filled parks.
Explore Kyoto's Temples and Gardens - Experience traditional Japan.
Attend an anime or gaming convention in Japan - Meet fellow enthusiasts and explore the latest trends.
Play otome games at a themed café in Japan - Immerse yourself in the gaming experience.
Visit a retro gaming arcade in Tokyo - Relive classic gaming moments.
Explore the Pokémon Center in Tokyo - Enjoy themed merchandise and activities.
Abroad (SEA focused)
Tour Gyeongbokgung Palace in Seoul, South Korea - Immerse yourself in Korean history and culture.
Relax in Jeju Island, South Korea - Explore the volcanic landscapes, beaches, and serene countryside.
Visit a book café in Seoul, South Korea - Relax with a good book and coffee.
Visit Taipei, Taiwan - Discover the bustling night markets, temples, and cultural landmarks.
Stroll through Gardens by the Bay in Singapore - Experience the futuristic gardens and Supertree Grove.
Explore Angkor Wat in Siem Reap, Cambodia - Discover the ancient temples and learn about their history.
Visit the temples of Chiang Mai, Thailand - Experience the rich cultural heritage and serene environment.
Relax in Bali, Indonesia - Enjoy the beaches, rice terraces, and cultural experiences.
Explore the Old Quarter in Hanoi, Vietnam - Wander through the bustling streets and enjoy local cuisine.
Visit the Grand Palace in Bangkok, Thailand - Marvel at the ornate architecture and learn about Thai history.
Tour the tea plantations in Cameron Highlands, Malaysia - Enjoy the cool climate and scenic landscapes.
Explore the streets of George Town, Penang, Malaysia - Discover the colonial architecture and street art.
Visit the Great Wall of China - Walk along a piece of history.
Abroad (EU, US and Others)
Visit the Harry Potter Studio Tour in London - Immerse yourself in the world of magic.
Explore the cafés of Paris - Enjoy the local cuisine and the ambiance.
Take a scenic train ride in Switzerland - Experience the Alps and beautiful landscapes.
Explore the streets of Amsterdam by bike - Visit the Van Gogh Museum and Anne Frank House.
Visit the Colosseum in Rome - Step back in time at this historic site.
Stroll through the streets of Barcelona - Admire GaudĂâs architecture.
Explore the street art in Melbourne, Australia - Discover vibrant murals and graffiti.
Attend a classical music concert in a historic European venue - Experience a performance in a grand setting.
Miscellaneous
Create a playlist inspired by your travels - Capture the essence of each place with music.
Attend a Fall Out Boy concert in the U.S. or Europe - Enjoy a live performance in an iconic venue.
Attend a local music festival in Southeast Asia - Discover regional talent.
Attend a gaming convention in the U.S. - Experience the latest in the gaming industry.
Collect exclusive otome game merchandise - Find rare items on your travels.
Create fan art or fan fiction for your favorite otome game - Share your creativity online.
Childe/Tartaglia focused
Visit Russia - Explore St. Petersburg and Moscow, the cities that inspired Childe's homeland, Snezhnaya.
Learn Archery - Take up archery as a hobby, channeling Childe's mastery of the bow.
Create a Childe-Inspired Outfit - Design a casual outfit or accessory inspired by Childe's style, minus the cosplay.
Explore Ice Caves in Iceland - Immerse yourself in the icy landscapes reminiscent of Snezhnaya.
Attend a Genshin Impact Fan Event - Connect with other fans, and explore Childe-themed art and merchandise.
Play the Harp - Learn to play a song from the Genshin Impact soundtrack on a harp or lyre, reflecting Childe's connection to music.
Collect Genshin Impact Merch - Specifically seek out Childe-themed figures, posters, and other collectibles.
Travel to Lake Baikal - Visit this vast, frozen lake in Siberia, evoking the icy waters and landscape of Snezhnaya.
Go Ice Skating in a Scenic Location - Enjoy the winter atmosphere, reminiscent of Snezhnaya's icy landscape.
Visit a Hot Spring - Relax in a hot spring, imagining Childe taking a break from his intense training.
Watch a Ballet Performance - Experience Russian culture through ballet, a graceful and powerful art form.
Learn to Make Russian Cuisine - Try cooking traditional Russian dishes like borscht or pelmeni.
Volunteer for a Charity Run - Participate in a cause that aligns with Childe's sense of duty and strength.
Visit a Frozen Lake - Experience the serene beauty of a frozen lake, reminiscent of Snezhnaya's chilly waters.
Ayn/Ayin focused
Visit a Historical Castle - Explore a castle or historic site, immersing yourself in the grandeur and mystery of Aynâs world.
Attend a Renaissance Fair - Experience the charm of the past with costumes, jousting, and medieval-themed activities.
Learn Calligraphy - Channel Aynâs elegant and refined nature by mastering the art of beautiful writing.
Read a Classic Romance Novel - Dive into a timeless love story that resonates with the themes of destiny and romance in Aynâs narrative.
Attend a Classical Music Concert - Enjoy the sophistication of classical music, reflecting the elegance associated with Aynâs character.
Visit a Museum of Art and History - Explore exhibits that blend art and history, connecting with the themes of love and time.
Write a Love Letter - Pen a heartfelt letter, inspired by the timeless and romantic gestures associated with Ayn Alwyn.
Majority of the items ay para sa mga interests ko na mukhang long term na kasi its been a hyperfixation and been going on for years. Hopefully may mga macross-out ako in the near future.
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There is no âshortcutâ for new tea drinks to go overseas
For China's new tea brands represented HE Tuber by HeyTea, developed countries such as Europe, the United States, Canada and Australia are the second battlefield for "going overseas" after Southeast Asia: whether they are international students, new immigrants or local residents, they all have a strong interest in tea drinks. , the new tea drink market is growing rapidly.
Long before the Heytea London store was finalized, Mixue Bingcheng had already opened a store in Sydney, Australia. On February 12 this year, on the first day of trial operation of the Mixue Bingcheng Sydney CBD store, the store was full of people and the turnover exceeded 24,000 yuan. Due to strong demand and lack of manpower, stores occasionally encounter problems such as adding wrong toppings and juices.
For tea brands with high popularity and consumer recognition in China, entering the markets of developed countries where overseas students and new immigrants gather can be said to be "bringing their own traffic". They can quickly accumulate popularity with Chinese consumers and then launch it through Attract local consumers through localized products, social media operations and other methods.
However, at present, new tea drink brands in mainland China want to open up markets in developed countries such as Europe, the United States, Canada and Australia. Their biggest competitors are the many milk tea and fruit tea brands from Taiwan, China - the road that new tea drink brands in mainland China are about to take in new markets, China Taiwanâs bubble milk tea brands have been through it before.
In the 1980s and 1990s, as Taiwan residents immigrated to Europe and the United States, they also brought the unique food drink pearl milk tea to these countries. Whether it is the older generation Chun Shui Tang or the new generation COCO, there are many brands, all of which have more stores and higher recognition overseas.
In the past few decades, Taiwanese milk tea has become more and more recognized in Europe and the United States. Many celebrities have shared their experiences of drinking milk tea on social media. For example, after Bill Gates was recommended a cup of bubble milk tea by Chinese actor Simu Liu at the "Time Magazine's 100 Most Influential People" award dinner, he posted on Twitter: "I have added bubble milk tea to my favorite beverage list. middle".
Celebrity effect has made milk tea popular in Europe and the United States. Europeans and Americans who were accustomed to drinking coffee began to become curious about this oriental beverage and were gradually attracted to it. According to Google Trends statistics, in 2021, searches for milk tea-related terms in the United States increased by more than 760%.
In addition to Taiwanese milk tea, tea brands founded in Europe and the United States are also strong competitors to new tea drinks in mainland China.
Recently, Ume Tea, a Ume Tea store founded by Chinese engineer Li Jiachun and rooted in the Bay Area, received millions of dollars in seed round financing. This financing was solely invested by iFly.vc Capital and is mainly used for team improvement, supply chain improvement, product iteration, store expansion, etc.
Ume's products include fruit tea, Oreo milk tea, surprise cup series with toys, etc. Compared with mainland overseas brands, Ume understands the local market better, has established a relatively stable supply chain, and has a higher degree of localization: it does not deliberately choose areas where Chinese people live, and non-Asian customers account for about 40%. On Tik There are high traffic on platforms such as Tok and Instagram.
At present, Ume's nine stores are all directly operated stores, all of which have achieved profitability, and the payback period is no more than one year.
As for Heytea, although it is more popular among mainland students, considering the exchange rate difference and higher labor costs abroad, the price of Heytea overseas is bound to be slightly higher than in China.
In Singapore stores, the price of Heytea's signature products reaches 5.8 to 5.9 Singapore dollars, which is about 30 yuan, which is about 9 yuan higher than in China. It is not difficult to imagine that in the UK, where the exchange rate difference is more obvious, a cup of Heytea may be a luxury in a certain sense for international students.
The higher prices overseas make it difficult for international students to regard new tea drinks as daily consumption. Therefore, new tea drinks must be localized.
Compared with Heytea, which has just gone abroad, Taiwanese milk tea, which has been overseas for many years, and Ume, which was founded in the United States, are relatively mature in terms of localization. Taiwanese pearl milk tea has become the most popular type of milk tea among young people in Europe and America, and Ume has also attracted local consumers with its unique decoration style and operational activities.
Most European and American consumers prefer high-sweetness drinks, and the model of Heytea cheese milk cap + cold brew tea + fresh fruit is relatively light. It will take time to attract more European and American consumers through localization adjustments; in addition, Heytea is The application of social media operations, peripheral co-branding and other methods that are customary in China also requires more thinking, practice and running-in when applied to foreign markets.
In 2018, the British "Economist" magazine once wrote an article about new tea drinks, regarding Heytea as a strong competitor to Starbucks, and believed that the wave of bubble cheese tea set off by Heytea may bring about "the rebirth of the global tea industry." .
However, in the following years, Heytea expanded aggressively domestically but tended to be cautious and conservative in overseas markets. It is still the milk tea brands from Taiwan, China that shape European and American consumersâ perception of milk tea.
It is not too late for Heytea to go overseas, but it is obvious that it has missed the best opportunity.
For Heytea and many mainland tea brands, Europe and the United States are second overseas markets with huge growth potential. However, to truly turn the European and American markets into the second growth curve, we still need to face difficult challenges.
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Cold Brewing Coffee Market to See Huge Growth by 2028
Latest released the research study on Global Cold Brewing Coffee Market, offers a detailed overview of the factors influencing the global business scope. Cold Brewing Coffee Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Cold Brewing Coffee The study covers emerging playerâs data, including: competitive landscape, sales, revenue and global market share of top manufacturers are Nestle (Switzerland), Ting Hsin International (Taiwan), The Coca-Cola (United States), UCC Ueshima Coffee (Japan), Starbucks (United States), Illycaffe (Italy), Luigi Lavazza (Italy), Dunkin (United States), Califia Farms (United States), JAB Holding Company (Luxembourg),
Free Sample Report + All Related Graphs & Charts @: https://www.advancemarketanalytics.com/sample-report/10281-global-cold-brewing-coffee-market
Cold Brewing Coffee Market Definition:
Cold brew coffee is created by soaking medium-to-coarse ground coffee in room temperature water for 12 hours or longer and then filtering it out for a clean cup without sediment. Cold brew is not exposed to heat unlike regular coffee. Cold brew coffee also uses time, rather than heat to extract the coffeeĂąâŹâąs oils, sugars, and caffeine. Moreover, it takes more than 24 hours but the coffee is very smooth, rich infusion, with low levels of acidity. It can be a relief to people with sensitive digestive systems. However, this process flattens the taste, and leaves behind the nuances of properly ice-brewed coffee.
Market Trend:
Increasing Intake of Coffee in Emerging Economies
Rising Popularity of Cold Brew Coffee
Market Drivers:
Inclination of Customers Towards the Unique Coffee Drinks
Increasing Awareness about the Benefits of Coffee
Market Opportunities:
Launch of Products with Attractive Packaging
Increasing Promotional Activities
The Global Cold Brewing Coffee Market segments and Market Data Break Down are illuminated below:
by Type (Arabica, Liberica, Robusta), Nature (Organic, Conventional), Category (Traditional, Decaf), Distribution channel (Hypermarkets/Supermarkets, Independent Coffee Shops, Speciality Coffee Shops, Retail Stores, Online Retail, Others)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
Enquire for customization in Report @: https://www.advancemarketanalytics.com/enquiry-before-buy/10281-global-cold-brewing-coffee-market
Strategic Points Covered in Table of Content of Global Cold Brewing Coffee Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Cold Brewing Coffee market
Chapter 2: Exclusive Summary â the basic information of the Cold Brewing Coffee Market.
Chapter 3: Displayingthe Market Dynamics- Drivers, Trends and Challenges of the Cold Brewing Coffee
Chapter 4: Presenting the Cold Brewing Coffee Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying market size by Type, End User and Region 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Cold Brewing Coffee market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2021-2026).
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Cold Brewing Coffee Market is a valuable source of guidance for individuals and companies in decision framework.
Data Sources & Methodology The primary sources involves the industry experts from the Global Cold Brewing Coffee Market including the management organizations, processing organizations, analytics service providers of the industryâs value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources â Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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Open up New Markets
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Key decision in planning and to further expand market share
Identify Key Business Segments, Market proposition & Gap Analysis
Assisting in allocating marketing investments
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Quenching the World's Thirst: The Phenomenal Growth of Malaysian Beverage Exports
Introduction
In recent years, Malaysia has emerged as a major player in the global beverage industry. From traditional favorites like tea and coffee to innovative and exotic concoctions, Malaysian beverages are making waves on the international stage. This surge in exports has not only enriched the country's economy but also brought a slice of Malaysian culture to the world. In this blog, we will explore the phenomenal growth of Malaysian beverage exports and what has fueled this exciting trend.
A Blend of Tradition and Innovation
Malaysia's beverage exports are a testament to the country's ability to blend tradition with innovation. The nation has a rich heritage of traditional drinks like Teh Tarik (pulled tea), which is a strong tea with condensed milk, and Kopi-O (black coffee). These timeless classics are now enjoyed by people worldwide, thanks to Malaysia's thriving beverage export industry.
But Malaysia doesn't stop at tradition. The country has embraced innovation, introducing new and exciting beverages to the global market. One notable example is the rise of bubble tea, which originated in Taiwan but quickly found a home in Malaysia. Malaysians took the concept and added their own unique twists, creating a plethora of flavors and combinations. Now, bubble tea, or "boba" as it's often called, is a global sensation, with Malaysian brands leading the way.
The Rising Global Demand
One key driver behind the growth of Malaysian beverage exports is the increasing global demand for diverse and exotic flavors. As the world becomes more interconnected, consumers are eager to explore new taste sensations. Malaysian beverages, with their intricate blend of flavors, exotic ingredients, and vibrant colors, have become highly sought-after commodities. Whether it's the fragrant spices of a teh halia (ginger tea) or the refreshing sweetness of an ais kacang (shaved ice dessert), Malaysia's beverages have an irresistible allure.
Quality and Authenticity
Malaysia has earned a reputation for producing high-quality beverages with authentic flavors. Malaysian tea and coffee are made from the finest beans, expertly roasted to perfection. Local fruit juices are squeezed fresh, capturing the essence of the tropical paradise in every sip. The dedication to quality and authenticity has been crucial in attracting discerning consumers worldwide.
Global Expansion of Malaysian Brands
In addition to the export of traditional Malaysian beverages, several homegrown brands have expanded their presence internationally. This includes companies that specialize in coffee, such as OldTown White Coffee, which boasts a chain of outlets across Asia and beyond. Another example is Chatime, one of the world's largest bubble tea franchises, which began in Taiwan but found success in Malaysia before spreading its wings globally.
These Malaysian brands have established themselves as trustworthy sources of quality beverages, making them a staple in numerous countries. Their success is a testament to the appeal of Malaysian flavors and the global appetite for diverse beverage options.
Support from the Malaysian Government
The Malaysian government has played a significant role in promoting the growth of the beverage export industry. Through various initiatives and trade agreements, they have facilitated the expansion of Malaysian beverage businesses into international markets. Additionally, the government has provided support to small and medium-sized enterprises (SMEs) in the beverage sector, enabling them to compete on a global scale.
Conclusion
Malaysia's beverage industry has witnessed phenomenal growth in recent years, quenching the world's thirst for diverse and innovative flavors. The country's ability to marry tradition with innovation, the rising global demand for authentic flavors, the commitment to quality, and the expansion of Malaysian brands on the international stage have all contributed to this remarkable success story. As Malaysia continues to export its rich beverage culture to the world, we can expect to see even more exciting developments and innovations in the years to come. So, raise a glass to Malaysian beverages, and here's to quenching the world's thirst, one sip at a time!
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Global Bubble Tea Market Outlook: World Approaching Demand & Growth Prospect 2022-2027
Global Bubble Tea Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, players market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions. Major Players in This Report IncludeKung Fu Tea (United States)
Gong Cha (Taiwan)
Boba Guys Inc. (United States)
Chatime (Taiwan)
ShareTea (Taiwan)
8tea5 (Belgium)
Kuai Ke Li Enterprise Co. Ltd. (Quickly) (Taiwan)
OCOCO International Co., Ltd. (Taiwan)
VIVI BUBBLE TEA (United States)
Lollicup USA Inc. (United States)
CuppoTee Company (Taiwan)
Bubble tea is one of the most consumed beverages containing tea as its key ingredient with chewy tapioca balls which is also known as bubble milk tea, boba tea or juice, pearl milk tea as well as simply a bubble tea. The positive health benefits, the introduction of new flavors of bubble tea and decreases in demand for carbonated drinks provide opportunities for market expansion. Market Drivers Health Benefits Associated with Bubble Tea
Contains Rich Source of Antioxidants called Polyphenols.
Market Trend Introduction to Flavored Bubble Tea
Regional Expansion by the manufacturers of Bubble Tea
Opportunities Anti-Oxidant, Anti-Inflammatory and Anti-Carcinogenic Properties
Increasing Consumption in North American and European Market
Challenges Increasing Distribution Overheads across the Globe
Continuously Changing Consumer Preferences and Eating Styles
The Bubble Tea market study is being classified by Type (Original Flavored Bubble TeaĂ , Fruit Flavored Bubble TeaĂ , Other Flavors), Application (Kids (<10 years), Teenagers (<25 years), Adults), Distribution Channel (Online Sales, Offline Sales), Flavour (Original Flavor, Coffee Flavor, Fruit Flavor, Chocolate Flavor, Others) Presented By
AMA Research & Media LLP
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Cold Brew Coffee Market to Witness Excellent Revenue Growth Owing to Rapid Increase in Demand
Cold Brew Coffee Market Comprehensive Study is an expert and top to bottom investigation on the momentum condition of the Global Cold Brew Coffee industry with an attention on the Global market. The report gives key insights available status of the Global Cold Brew Coffee producers and is an important wellspring of direction and course for organizations and people keen on the business. By and large, the report gives an inside and out understanding of 2021-2027 worldwide Cold Brew Coffee Market covering extremely significant parameters. Some key Players in This Report Include:
Nestle (Switzerland)
Ting Hsin International Group (Taiwan)
The Coca-Cola Company (United States)
UCC Ueshima Coffee (Japan)
Starbucks Corporation (United States)
Illycaffe (Italy)
Luigi Lavazza (Italy)
Coffee Roasting Company Schreyogg (Italy)
Dunkin' Donut (United States)
La Colombe (United States)
Cold Brew Coffee is a beverage, which is evolved from the iced coffee. These iced coffee is giving a better way to cold brewing coffee. It is made from freshly grounded beans in filtered water at room temperature by using cold water. These are smoother in texture, have a less acidic taste, naturally sweeter, and fruitier flavor. The rising shift of consumers towards cold brewing coffee is driving the market. Market Trends: Adoption of Nitrogen Infused Cold Brew Coffee
Rising Trend of Keeping Cold Coffee as a Brewage in College Canteens
Market Drivers: Increasing Popularity of Cold Brew Globally
Rise in Consumer Awareness towards the Benefits of Coffee Beans
Increasing In Number of Innovative and New Product Launches for Cold Brew Coffee
Market Challenges: Availability of Alternative Products Such as Tea, Hot Coffee, Other Beverages
Market Opportunities: Growing Consumption of Coffee in Developing Countries
Expanding Consumer Preference for Unique Coffee Beverages in Developed Nations
The Global Cold Brew Coffee Market segments and Market Data Break Down by Type (Arabica, Robusta, Others), Application (Hypermarkets/Supermarkets, Independent Coffee Shops, Specialty Coffee Shops, Retail Stores, Online Retail, Others), Caffeine Content (Regular, Decaffeinated)
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Coffee Machine Market Players Sharpens Cost Cutting to Gain Sales Recovery
Latest Research Study on Global Coffee Machine Market published by AMA, offers a detailed overview of the factors influencing the global business scope. Coffee Machine Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors, Challenges and Current Scenario Analysis of the Coffee Machine. This Report also covers the emerging playerâs data, including: competitive situation, sales, revenue and global market share of top manufacturers are Keurig green mountain (United States),Panasonic (Japan) ,Nestle nespresso (Switzerland) ,Jarden (United States),Delonghi (Italy) ,Electrolux (Sweden) ,Melitta (Germany) ,Morphy richards (United Kingdom) ,Philips (Netherlands) ,Hamilton beach (United States),Illy (Italy) ,Bosch (Germany) ,Krups (Germany) ,Jura (Switzerland).
Brief Summary of Coffee Machine: Coffee machine is an appliance used to brew coffee, widely used in coffee shops and canteens. Over the years, drinking coffee has evolved from being a simple dining routine to energy boosting agents. Whether it is a trend or long term practice, drinking coffee has been adopted with reflecting modern lifestyle and sophistication which has gained considerable growth around the globe. Considering the rising cafĂ© culture and working millennial attraction towards coffee, the market for a coffee machine is expected to gain traction in the near future Free Sample Report + All Related Graphs & Charts @ : https://www.advancemarketanalytics.com/sample-report/10750-global-coffee-machine-market-2 Coffee Machine Market Report offers a detailed overview of this market and discusses the dominant factors affecting the growth of the market. The impact of Porter's five armies on the market over the next few years has been discussed for a long time in this study. We will also forecast global market size and market outlook over the next few years. Types of Products, Applications and Coffee Machine Market Report Geographical Scope taken as the Main Parameter for Market Analysis. This Research Report Conducts an assessment of the industry chain supporting this market. It also provides accurate information on various aspects of this market, such as production capacity, available production capacity utilization, industrial policies affecting the manufacturing chain and market growth. The Global Coffee Machine Market segments and Market Data Break Down are illuminated below: by Type (Drip coffee machine, Steam coffee machine, Capsule coffee machine, Bean-to-cup coffee machines, Other coffee machine (Traditional Espresso Machines, Filter Coffee Machines, Capsule/Pod Coffee Machine)), Application (Commercial coffee machine, Office coffee machine, Household coffee machine), Sales Channel (Direct sales channel, Specialty retailers, Department stores, Hypermarkets and supermarkets, Online distributor channel), Function (Semi-automatic, Fully automatic), End user (Coffee Specialty Stores, Full Service Restaurants, Quick Service Restaurants, Food Junctions, Hotels/CafĂ©ùâŹâąs, Lounge, Residential Sector) What's Trending in Market: Growing Demand for Fresh Coffee for Across Corporate Offices
Increasing Use in Public Functions and Gathering
 Challenges: Low Adoption in Rural Areas Owing to Prevalence of Alternate Coffee Making Techniques
Manufacturing Coffee Machines Which Requires Minimum Maintenance
 Restraints: High maintenance cost may restraint the global coffee machines market in some aspects
Market Growth Drivers: Rise in Number of Shops and Cafe Offering Coffee
Growing Consumption among Working-Class Millennial
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc. Enquire for customization in Report @: https://www.advancemarketanalytics.com/enquiry-before-buy/10750-global-coffee-machine-market-2 Strategic Points Covered in Table of Content of Global Coffee Machine Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Coffee Machine market
Chapter 2: Exclusive Summary â the basic information of the Coffee Machine Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Coffee Machine
Chapter 4: Presenting the Coffee Machine Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Coffee Machine market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2026)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source Finally, Coffee Machine Market is a valuable source of guidance for individuals and companies in their decision framework. Data Sources & Methodology The primary sources involves the industry experts from the Global Coffee Machine Market including the management organizations, processing organizations, analytics service providers of the industryâs value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects. In the extensive primary research process undertaken for this study, the primary sources â Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age. Get More Information: https://www.advancemarketanalytics.com/reports/10750-global-coffee-machine-market-2 What benefits does AMA research studies provides?
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Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia. About Author:
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Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As. Contact Us:
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Gift Cards Market 2021-2026 Global Key Manufacturers Analysis Review:Â YouGotaGift.com, Colombia Coffee Roasters, Payless, tuopticaenlinea.com
The latest statistical and qualitative analysis of Gift Cards Industry on the Global and Regional level is presented in this report. The complete evaluation of market size, revenue, growth, demand, and Gift Cards import-export is offered in this study. The key market segments are divided based on top Gift Cards companies, types, applications or end-users, and regions. The key inclusion and exclusion criteria along with industry dynamics in terms of Gift Cards drivers, restraints, opportunities, and challenges are stated. The regulatory scenarios by regions & countries as well as strategic market investment scenarios are explained.
Gift Cards COVID 19 impact on industry advancements, supply chain, and impact on demand, price, and growth is studied. The SWOT analysis, Porterâs Five Forces analysis, and PEST analysis are conducted. The Gift Cards global industry trends, macro-economic policies, industry news, and policies are specified. Also, the downstream major customer analysis is conducted.
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The top companies analysed in this research are: YouGotaGift.com, Colombia Coffee Roasters, Payless, tuopticaenlinea.com, Wplay, Bogota Latin Bistro, Google Play, Amazon, Netflix, Zara, Atrapalo.com.co, Linda Colombia
The key product types are:
Universal Accepted Open Loop, E-Gifting, Restaurant Closed Loop, Retail Closed Loop, Miscellaneous Closed Loop
The top application studied is:
Restaurant, Deportment Store, Coffee Shop, Entertainment (Movie, Music)
The Gift Cards revenue in US$ Mn is provided by comparing different product types on a global and regional level. Also, the market attractiveness analysis by type from 2015-2026 is covered. Similarly, the end-user analysis, regional analysis, and industry outlook are stated.
The Y-o-Y growth rate comparison is calculated from 2015-2026 for each type, region, and end-user. The vital regions studied in this report include Gift Cards presence across North America, South America, Europe, Asia-Pacific, Middle East & Africa, and the rest of the world. In the next part, top company profiles are presented with company overview, Business portfolio, product details, key financials, global revenue share by region, and SWOT analysis.
The most crucial Gift Cards key financial segment analyzes the revenue (US$ Mn), operating income, net margin %, gross margin %, capital spending, production capacity, net income, and more. Also, the competitive scenario is reflected by competition among different industry players in terms of marketing strategies, growth opportunities, new product launches, and developments.
The country-based market segmentation is as follows:
North America Gift Cards Market Y-o-Y growth rate comparison includes the United States, Canada, Mexico
Europe Gift Cards Market Y-o-Y growth rate comparison includes Germany, France, United Kingdom, Italy, Spain, Russia, and the rest
Asia-Pacific Gift Cards Market Y-o-Y growth rate comparison includes Japan, South Korea, India, China, Indonesia, Taiwan, Australia, and the rest
The Middle East & Africa Gift Cards Market Y-o-Y growth rate comparison includes Saudi Arabia, UAE, Turkey, Egypt, Israel, Iran, and the rest
South America Gift Cards Market Y-o-Y growth rate comparison includes Brazil, Argentina, Colombia, Chile, and the rest
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Insights on Research Methodology:
The research methodology consists of qualitative and quantitative analysis derived using primary and secondary databases. The top-down and bottom-up approaches are used to derive and validate the Gift Cards Industry statistics. Paid primary interviews are conducted with Gift Cards manufacturers, dealers, marketing managers, product managers, R&D people, VPâs, directors, and more.
The manufacturing processes, technological advancements, Gift Cards cost structure, price trends are analyzed in detail. The forecast analysis based on the potential demand from Gift Cards downstream clients, government, influencing factors, and policy changes are reflected. Â Â Â
The secondary data sources consist of data gathered from Gift Cards Industryâs annual reports, presentations, press releases, national customs, statistical yearbook, and more. Each companyâs revenue is obtained from paid databases, Hoovers, Factiva, Bloomberg Business, public databases to name a few.
The primary research assists in the analysis of segmentation types, Gift Cards product price range, raw materials supply, downstream consumption, industry status & outlook. Hence, thorough and comprehensive research is done by QMS Research to deliver reliable, up-to-date, and complete insights.
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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.
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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."Â
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.
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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                                                                              Â
Coffee                                                                       Â
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 2023â2030 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
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#Bubble Tea#Bubble Tea Market#Bubble Tea Market Size#Bubble Tea Market Share#Bubble Tea Market Growth#Bubble Tea Market Trend#Bubble Tea Market segment#Bubble Tea Market Opportunity#Bubble Tea Market Analysis 2022#US Bubble Tea Market#Bubble Tea Market Forecast#Bubble Tea Industry#Bubble Tea Industry Size#china Bubble Tea Market#UK Bubble Tea Market
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Non-Alcoholic RTD Beverages Market Size |Â Research, Trends, Share, Growth, Demand, Industry Analysis, Key Player profile and Regional Outlook by 2024
Non-alcoholic RTD Beverages are alcohol-free packaged beverages that can be consumed directly upon opening. The global non-alcoholic RTD beverages market is expected to garner a revenue of USD 800 Billion by 2024 at a CAGR of 4.5% during the forecast period of 2019 to 2024. The market is monopolistically competitive in nature due to the presence of several vendors and customers in the market and limited barriers to entry for new players. Vendors in the global non-alcoholic RTD beverages market are witnessing competition from the existing market players and new entrants. To overcome the challenges in such a competitive market, prominent players are focusing on product launches, partnerships, mergers & acquisitions, and expansions in terms of production capacity and geographic reach. In the US, prominent players such as Starbucks Corporation and PepsiCo have entered into a partnership to produce and distribute their products. Similarly, in 2016, Dunkin Donuts and The Coca Cola Company formed a joint venture to produce and distribute RTD coffee in North America and compete directly with the Starbucks Corporation and PepsiCo partnership.
The global Non-alcoholic RTD Beverages Market Size has been segmented on the basis of type, packaging type, and distribution channel.
Based on type, the global non-alcoholic RTD beverages market has been divided into functional beverages, carbonated soft drinks, tea and coffee, fruit and vegetable juices, flavored and fortified water, dairy-based beverages, and others. The functional beverages segment has further been classified as sports/energy drinks, probiotic and prebiotic drinks, and others. The carbonated soft drinks segment is expected to dominate the global non-alcoholic RTD beverages market during the research period due to the high per capita consumption of carbonated soft drinks. As per WorldAtlas, the per capita consumption of carbonated soft drinks in the US in 2017 was 154 liters. However, the fruit and vegetable juices segment is expected to register the highest growth rate during the forecast period owing to the increasing preference of consumers toward healthy beverages such as natural fruit and vegetable juices.
The global non-alcoholic RTD beverages market has been segregated, by packaging type, into bottles, cans, cartons, and others. The bottles segment accounted for the largest revenue share in 2018 as glass bottles offer high impermeability and longer storage durations than other types of packaging. Moreover, plastic bottles are an inexpensive option for packaging non-alcoholic RTD beverages. However, the cans segment is expected to register the highest growth rate during the forecast period owing to the ease with which RTD beverages can be filled into a can and be consumed.
By distribution channel, the global non-alcoholic RTD beverages market has been classified as store-based and non-store-based. The store-based segment has further been divided into supermarkets and hypermarkets, convenience stores, and others. The store-based segment is expected to gain the lionâs share of the global non-alcoholic RTD beverages market in 2018 owing to the high availability of non-alcoholic RTD beverages in supermarkets and hypermarkets. However, the non-store-based segment is expected to exhibit a higher growth rate during the forecast period owing to the rising presence of e-retail apps and third-party online retailers in e-commerce. Manufacturers of non-alcoholic RTD beverages are opting for third-party online retailers to sell their products rather than investing capital in developing their own e-retail platforms.
Key Players
Some of the key players in the global non-alcoholic RTD beverages market are The Coca-Cola Company (US), Nestlé S.A. (Switzerland), The Republic of Tea (US), Ting Hsin International Group (Taiwan), Yakult Honsha Co., Ltd. (Japan), DRY Soda Company (US), PepsiCo (US), POKKA SAPPORO Food & Beverage Ltd. (Japan), Danone S.A. (France), Lotte Chilsung Beverage Co. Ltd (South Korea), Starbucks Corporation (US), Suntory Holdings Limited (Japan), Big Easy Blends, LLC (US), Monster Energy (US), and Keurig Dr Pepper Inc. (US).
The key strategies followed by the players operating in the market are innovations, product launches, expansions, and mergers & acquisitions.
Regional Analysis
The global non-alcoholic RTD beverages market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.
North America accounted for the largest market share in 2018 as the region is a prominent hub for numerous market players. Additionally, the increasing consumption of non-alcoholic and natural RTD beverages in North America and Europe, due to their convenience and health benefits is driving the growth of these regional markets. However, changing lifestyles of people and increasing presence of market players in India, China, Japan, and Indonesia are expected to drive the growth of the market in Asia-Pacific, with the regional market registering the highest growth rate during the forecast period of 2019 to 2024.
Key Developments
In April 2019, Nestle S.A. introduced a new product Poland Spring ORIGIN bottled water under its brand Poland Spring. It is a natural spring water filtered by 10,000-year old glacial sands and contains no additives.
In January 2019, Big Easy Blends, LLC launched self-packed 6-ounce ready to drink pouches under its brand Welchâs Smoothies. It is available in three flavorsâmixed berry, peach mango, and strawberry banana.
In June 2017, Starbucks Corporation launched its first single-serve RTD Starbucks Iced Latte.
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17 Things to See and Do in Taiwan
Posted: 9/3/2019 | September 3rd, 2019
I used to live in Taiwan for a few months as an English teacher. I loved the time there and have always felt the country was really under appreciated. So, in this is a guest post by Carrie Kellenberger from My Several Worlds and an expat living in Taiwan for ten years, she lists out all the amazing things you should see and do there.
Every country in Asia is beautiful, but Taiwan is special for many reasons. The people are warm and hospitable. In March 2019, Taiwan was listed as the happiest place in East Asia.
While it might be a small island, you would be amazed at the never-ending variety of sights and fun things to do here. With over a hundred mountain peaks above 3,000 meters, over a hundred hot springs scattered around the island, both golden and black-sand beaches, nine national parks, world-class museums, glittering skyscrapers, stunning temples, and a huge number of night markets that are second to none, Taiwan has something that everyone can enjoy.
To this day, nearly 14 years after I moved here, I still think Taiwan is one of Asiaâs best-kept travel destination.
Here are some of the best ways to spend your time in Taiwan:
1. Eat, Eat Eat!
The national pastime in Taiwan is eating. Taiwanese, both adults and children, are very work and study oriented, so their lifestyles demand healthy food that is available on the go. Moreover, there is always an abundance of fruits and vegetables, so visiting a local market can be a delight when you find out how cheap it is to eat fresh food.
As a result, Taiwan has become an epicureanâs playground. The food scene is an international smorgasbord of culinary delights, for every budget and almost every diet.
Night Markets While there are five-star international restaurants of every variety throughout the country, the night markets are where the real gastronomes go. They promise to keep your belly full while your wallet remains relatively unscathed.
There are over 30 night markets in Taipei, New Taipei, and Keelung (and over 70 night markets across Taiwan). If youâre not sure which one to choose, visit this list of night markets in Taiwan and take your pick. My personal favorites are Shilin, Keelung, and Roahe Street in Taipei.
Here are a few things you should try:
Xiao long bao, also known as soup dumplings, a favorite staple food here. They are made out of a thin pastry folded into a type of bag that is then stuffed full with a meat-and-vegetable mixture and a tiny amount of soup, then garnished with raw ginger and soy sauce. Biting into one of these is a flavor explosion in your mouth. Plenty of street vendors at night markets offer fresh xiao long bao for around $2 USD for a basket of 10-12. There is really no reason not to try them. Iâve yet to meet a visitor to Taiwan who hasnât loved their xiao long bao experience. I promise you will not be disappointed.
Oyster vermicelli
Oyster omelets
Beef noodle soup
Deep-fried chicken
Tian bu la (a type of fish cake fried with coriander with a dash of pepper and spice)
Sweet Taiwanese sausage or BBQ on a stick
Stinky tofu
âCoffin breadâ (a tasty bread bowl shaped like a coffin)
Pigâs blood cake (Itâs made from pigâs blood, sticky rice and soy broth and tastes much better than it sounds, I promise!)
Shaved ice
Zhen zhu nai cha (Taiwanese bubble tea)
Taiwan Beer (itâs the most popular local beer)
No matter what you decide on, youâre sure to have a great meal at a low cost while experiencing Taiwanese culture at its very best. Youâll be amazed at what you can buy for dinner for just $5 USD! Youâll definitely find some things that you hate, but youâll also find things that youâll love. Itâs all part of the experience, right?
2. Visit a Taiwanese Teahouse
Tea culture in Taiwan is wonderful, and there are many options for tea lovers.
Maokong Gondola â This gondola will whisk you four kilometers to a mountain peak in a glass-bottomed cable car, from which you can view the tea plantations built into the side of the mountain as you zoom up. You can catch it at the Taipei Zoo MRT station; a ride costs 120 NT ($4 USD) each way. Once youâre at the top, there are several winding paths for a pleasant mountaintop stroll and a great selection of teahouses to choose from when youâre ready to enjoy a cup of fresh mountain tea.
Jiufen â If youâre heading out of Taipei, Jiufen is one of Taiwanâs most popular tourist destinations, owing to its appearance in the Studio Ghibli film Spirited Away. This seaside mountain village offers some terrific shopping opportunities, as well as all the different kinds of foods you see in the movie. Itâs one of my favorite places, because it is also home to some beautiful teahouses in the most glorious setting. Imagine sitting at the top of a mountain, looking out over the ocean in the comfort of a traditional tea house. It is truly a magical experience, especially if you can get there for sunset. Go on a weekday to avoid the large weekend crowds.
Jwu Jiu Teahouse â If you make it as far south as Chiayi, be sure to find Jwu Jiu Teahouse, a hidden gem that is like taking a step back into the past. Jwu Jiu is a traditional wooden teahouse set above enormous stone ponds filled with hundreds of giant, brightly colored koi. Feed the fish while sipping on your tea, and enjoy some traditional dim sum in the loveliest setting youâve ever seen. The grounds belong to a local family, and the teahouse uses a well that is over a century old, in which the water still runs deep and pure. The owner has kept most of the original structures and bricks, plus a hundred-year-old Osmanthus tree, which is associated with many traditions in China and Taiwan. If youâre a history buff, youâll enjoy the teahouseâs long history, displayed with pride and obvious care.
3. Check out the Northern Coastline
Head to the coast for some incredible lunar-like landscapes at Yehliu Geopark. There are some unique, otherworldly rock formations, including one that looks like Queen Elizabeth (though it took over 4,000 years to form) that are a popular tourist attraction. Try to get there early to beat the crowds.
4. Hit the Beaches
The beaches of Kenting on the southern tip of the island offer fun in the sun. White Sand Bay is the most popular and a great place to soak up the sun, swim, snorkel, or even go diving (just keep an eye out for jellyfish!). Other great beaches are South Bay and Little Bali Bay.
5. Soak in the Hot Springs
Taipei has its very own active volcano in its backyard, and because of the volcanic activity in the area, Beitou Hot Springs enjoys a steady stream of visitors and locals who love to bathe in its healthy waters. Prices start around 40 NT ($1.30 USD) per person for a soak in the hot springs, making it a very affordable choice for anyone looking for some R&R.
6. Go Island Hopping
The beautiful islands of Penghu just off Taiwanâs western coastline will delight your sense of wanderlust and are especially well known for their golden beaches. This island archipelago has islands that are all distinct.
Boats will drop you off at one island for a few hours and then take you to the next one, so you can literally go from snorkeling to observing sea turtles to wandering through traditional aboriginal villages made out of coral in a single day.
7. See Old Taiwan
Two groups of islands that make up the Kinmen Archipelago off the west coast of Taiwan, just a couple miles from mainland China â and they are old Taiwan at its best. Here youâll be able to see some traditional architecture, and there are also insightful museums that highlight the ongoing tensions between the Peopleâs Republic and Taiwan.
8. Get Off the Beaten Track on Orchid Island and Green Island
Located just off the southeastern coast, these lush islands are a treat to visit. Here youâll find hiking, swimming, diving, and amazing hot springs. You can also get further off the beaten path and have an adventure by renting a scooter to traveling around the islands yourself!
9. Explore the Green Mountains
Grab a scooter and head up into the green mountains, which extend over five ranges the length of the island. If you want to stretch your legs, climb to the summit of beautiful Jade Mountain and watch the sunrise; this beautiful peak is almost 4,000 meters above sea level, making Taiwan the worldâs fourth-highest island.
10. Visit Wuling Peak on Hehuan Mountain
If youâre still craving some climbing and hiking, head to Wuling Peak on Hehuan Mountain, around 3,275 meters above sea level, making it another good hike for anyone looking to spend more time outdoors. But what really makes this place special is that the peak is so high, you can look down into a sea of clouds below!
11. Go Hiking in Taroko National Park
Ready for another city break? This national park offers visitors a chance to hike through mountainous terrain and gorges, and you can even stop to dip your feet in swiftly flowing mountain rivers. Covering just under 100,000 hectares, itâs one of only nine national parks in Taiwan. Admission is free.
12. Head East
To really enjoy Taiwanâs majestic beauty, donât forget Taiwanâs eastern coastline. The east coast highway has some of the most dramatic coastal scenery in the world, from plunging sea cliffs and splashing surf to beaches, nature reserves, and rural towns a world away from the big city.
13. Witness Some Chaos
Check out the feeding frenzy of the markets in Taipei, or enjoy a stroll around cool Ximending, the gay district and Taipeiâs answer to Tokyoâs Shibuya. Ximending boasts a massive outdoor plaza behind the Red House (a well-known cultural landmark) and a pedestrian shopping zone filled with the latest fashion trends, coffee shops, restaurants, and local artisans.
Give yourself bonus points for checking out all the super cool graffiti; you wonât find it on the main thoroughfares, but if you venture onto some of the smaller side streets, youâll soon find yourself in world of brightly decorated alleys and lanes.
14. See Tianhou Temple
While youâre in Ximending, itâs worth stopping by one of the oldest temples in the city, Tianhou (also known as the Ximending Mazu Temple, after the in-house deity Mazu, goddess of the sea). Around since 1746, itâs one of three major temples in Taiwan from the Qing period. Itâs located on a main thoroughfare â but itâs very easy to miss the entrance.
Stepping through the entrance to this beautiful Taoist temple filled with mythological creatures, smoky incense, lucky goldfish, and people paying respect to the gods is truly a surreal experience. Youâd never know this quiet oasis is in one of the busiest areas of Taipei!
15. Explore Fo Guang Shan Monastery
If you have your own ride in Kaohsiung, I strongly encourage you to stop by Fo Guang Shan Monastery and pay homage to the monks that live there. An ultra-Zen monastery open to the public, the complex is massive and stunning, leading to the Great Path of Buddhahood, a broad pathway flanked by eight identical pagodas.
You can explore each as you walk your way up to the Big Buddha, the highest seated bronze Buddha in the world. Iâve been to many temples and monasteries in my lifetime, but this one takes the cake.
16. Visit a Taiwanese Aboriginal Village
There are many knowledgeable local guides that can introduce you to the aboriginal way of life in Taiwan. The Formosa Aboriginal Culture Village near Sun Moon Lake is the most popular destination to learn more, but itâs certainly not the only one â there are lots of villages to choose from.
17. Take Part in the Pingxi Lantern Festival
One of the coolest events in Taiwan, the Pingxi Lantern Festival involves releasing hundreds of paper lanterns into the sky. (Many newlyweds also include this meaningful tradition as a part of their wedding celebration.) If you donât want to brave the crowds, you can easily purchase a lantern and light one on any of Taiwanâs beaches.
Taiwan is very environmentally friendly, so make sure you go with the eco-friendly paper lantern options that disintegrate, leaving no residue, and donât cause fires. The company My Taiwan Tour also currently offers biodegradable paper lantern tours in Shifen.
***
There are many things about Taiwan that make it an incredible place to live; itâs easy to take some of those things for granted once youâve been here for a while. I frequently hear that people think Taiwan is very Westernized, and while I agree that it is to some extent, there are still plenty of authentic Taiwanese experiences to be had!
Taiwan is and continues to be an unexpected travel destination that continues to delight visitors to this day. There is no place like it!
Canadian expat Carrie Kellenberger has been living in Asia since 2003. She moved to Taiwan in 2006 and became a permanent resident in 2012. She loves entertaining guests and travelers to Taiwan. You can read about her adventures and life there at her blog, My Several Worlds.
Book Your Trip to Taiwan: Logistical Tips and Tricks
Book Your Flight Find a cheap flight by using Skyscanner or Momondo. They are my two favorite search engines because they search websites and airlines around the globe so you always know no stone is left unturned.
Book Your Accommodation You can book your hostel with Hostelworld. If you want to stay elsewhere, use Booking.com as they consistently return the cheapest rates for guesthouses and cheap hotels. I use them all the time. My favorite places to stay in Taipei are:
Formosa 101 â This hostel is located right near the Taipei Tower and the Tonghua Night Market. They offer free breakfast and have a laid back lounge for relaxing.
Meander Taipei â The staff here is really helpful and the beds are comfy. They have free breakfast as well as other daily activities available.
Donât Forget Travel Insurance Travel insurance will protect you against illness, injury, theft, and cancellations. Itâs comprehensive protection in case anything goes wrong. I never go on a trip without it as Iâve had to use it many times in the past. Iâve been using World Nomads for ten years. My favorite companies that offer the best service and value are:
World Nomads (for everyone below 70)
Insure My Trip (for those over 70)
Looking for the best companies to save money with? Check out my resource page for the best companies to use when you travel! I list all the ones I use to save money when I travel â and I think will help you too!
Photo credits: 9 â David Hsu, 15 â Yi Chen, 16 â Huicheng1967
The post 17 Things to See and Do in Taiwan appeared first on Nomadic Matt's Travel Site.
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Bubble Food and Beverages Market Is Set To Hit $8,096.2 Million by 2030
In Taiwan, bubble meals and beverages, including tapioca balls for added nutrition, were first developed. They are now trendy, especially among young people. The youth's preference for foods and beverages made with boba is what fuels the demand for such items.
For instance, Traditional tea is said to be less caloric and less tasty than bubble tea. Additionally, because bubble food and beverages are considered new-age products, they are promoted in creative, odd, colorful, and enjoyable ways, which aids businesses in attracting college students and young adults.
People are being compelled to increase their diet of pure carbs, proteins, and fibers due to an increased focus on health and fitness, and food products, including tapioca, may supply all of these nutrients (cassava).
The global bubble food and beverages market is expected to touch $8,096.2 million by 2030. The benefits of items created with organic, natural, and vegan tapioca pearls are becoming more widely known, which is to blame for this. Manufacturers have been encouraged to make significant R&D investments to provide innovative bubble meals and beverages.
The bubble food and beverage industry will develop quickly in North America with a 10.8% CAGR. Numerous restaurants are sprouting to meet the growing demand for such foods, especially for bubble tea fans. In essence, bubble tea is a milk-based beverage with fruit jellies and chewy tapioca balls as components.
Because of their fast-paced lifestyles, young people like drinks that are easy to carry and superior to carbonated beverages. For instance, the famous New York City restaurant MBambu offers a wide selection of fruit juices, Vietnamese coffees, boba milk teas, and fresh, healthy, and genuine ChĂš dessert beverages.
Furthermore, producers have been motivated to introduce new products and establish more stores as a result of increased expenditures in R&D and growing customer knowledge of the advantages of goods made with natural, organic, and vegan tapioca pearls.
The region where these items were developed, APAC, generates the second-highest demand for them. This is partly due to the fact that several businesses sell these goods in India, New Zealand, Japan, Thailand, China, and Australia.
Young people enjoy eating wholesome snacks with flavorful foods. There are several cafes providing bubble pudding and bubble tea in India, a market expanding for bubble-related goods and drinks. The bubble tea flavour may be readily altered to suit various palates, making it a delightful beverage.
Additionally, café proprietors continually experiment with tastes and low-calorie menu items. These items also provide sweet potato brownies and vegan chickpea brownies, both delectable and nutritious options.
For a while, bubble tea dominated the bubble food and beverages market, and this trend is expected to continue throughout this decade. This is attributable to the introduction of bubble tea in various flavors in important countries, including Australia, China, and Thailand.
Next on the list, as millennials experiment with their diets, are desserts. They are choosing treats made with tapioca that have tastes like green tea, strawberries, mangoes, oranges, honey melons, and pomegranates added.
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Bubble Tea Market overview by recent opportunities, growth size, regional analysis and forecasts to 2031 | Chatime, Gong Cha, Koi
Global Bubble Tea Market report from Global Insight Services is the single authoritative source of intelligence on Bubble Tea Market . The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Portersâ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Bubble tea, also known as boba tea, is a tea-based drink that originated in Taiwan. It typically consists of tea, milk, and chewy tapioca balls. Bubble tea has become increasingly popular in recent years, with many bubble tea shops popping up around the world.
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Key Trends
There are a few key trends in the bubble tea market.
One is the increasing popularity of fruit-flavored bubble teas. While originally bubble tea was typically made with black tea and milk, nowadays there are many fruit-flavored options available. This has made bubble tea more accessible to people who donât like the taste of black tea.
Another trend is the increasing popularity of tea-based cocktails.
Key Drivers
There are a few key drivers of the Bubble Tea Market.
The first is the health trend. Bubble Tea is seen as a healthier alternative to other sugary drinks on the market. It is also a refreshing and tasty beverage that can be enjoyed hot or cold.
Another driver of the Bubble Tea Market is the trend of customization. Consumers are now able to customize their Bubble Tea with a variety of different flavors, toppings, and add-ins.
Market Segments
By Base Ingredient
Black Tea
Green Tea
By Flavor
Original Flavor
Coffee Flavor
Free Customization Available â https://www.globalinsightservices.com/request-customization/GIS10114/
Key Players
Chatime
Gong Cha
Koi
Milk Tea Lab
CoCo
Tiger Sugar
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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Global Insight Services LLC
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E-mail:Â [email protected]
Phone:Â +1â833â761â1700
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