Global Bubble Tea Market Analysis and Forecast 2024-2030

Global Bubble Tea Market Analysis and Forecast 2024-2030


Bubble tea (also known as pearl milk tea, bubble milk tea, boba juice, boba tea, or simply boba) is a Taiwanese tea-based drink invented in Tainan and Taichung in the 1980s. Most bubble tea recipes contain a tea base mixed with fruit or milk, to which chewy tapioca balls (known as bubbles, pearls, or boba) and fruit jelly are often added. Ice-blended versions are usually mixed with fruit or syrup, resulting in a slushy consistency. There are many varieties of the drink with a wide range of ingredients. The two most popular varieties are bubble milk tea with tapioca and bubble milk green tea with tapioca.

According to APO Research, The global Bubble Tea market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

Chatime, Coco Fresh, Gong Cha and Quickly are the main manufacturers of bubble milk tea, with the top three accounting for about 15% of the whole market.

Asia-Pacific is estimated to have a major share in the global market with nearly 60%.

This report presents an overview of global market for Bubble Tea, sales, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Bubble Tea, also provides the sales of main regions and countries. Of the upcoming market potential for Bubble Tea, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Bubble Tea sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Bubble Tea market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Bubble Tea sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Kung Fu Tea, Gong Cha, Boba Guys, Chatime, ShareTea, 8tea5, Quickly, CoCo Fresh and ViVi Bubble Tea, etc.

Bubble Tea segment by Company

Kung Fu Tea
Gong Cha
Boba Guys
Chatime
ShareTea
8tea5
Quickly
CoCo Fresh
ViVi Bubble Tea

Bubble Tea segment by Type

Classic/Original
Fruit Flavored
Other Flavors

Bubble Tea segment by Application

18-25 years old
26-35 years old
36-45 years old
Other Groups

Bubble Tea segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global status and future forecast, involving growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, sales, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Bubble Tea market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Bubble Tea and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in sales and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Bubble Tea.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Sales (consumption), revenue of Bubble Tea in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 4: Detailed analysis of Bubble Tea manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Bubble Tea sales, revenue, price, gross margin, and recent development, etc.
Chapter 8: North America (US & Canada) by type, by application and by country, sales, and revenue for each segment.
Chapter 9: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 10: China type, by application, sales, and revenue for each segment.
Chapter 11: Asia (excluding China) type, by application and by region, sales, and revenue for each segment.
Chapter 12: Middle East, Africa, and Latin America type, by application and by country, sales, and revenue for each segment.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: The main concluding insights of the report.
Chapter 14: The main concluding insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Bubble Tea Market by Type
1.2.1 Global Bubble Tea Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 Classic/Original
1.2.3 Fruit Flavored
1.2.4 Other Flavors
1.3 Bubble Tea Market by Application
1.3.1 Global Bubble Tea Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 18-25 years old
1.3.3 26-35 years old
1.3.4 36-45 years old
1.3.5 Other Groups
1.4 Assumptions and Limitations
1.5 Study Goals and Objectives
2 Bubble Tea Market Dynamics
2.1 Bubble Tea Industry Trends
2.2 Bubble Tea Industry Drivers
2.3 Bubble Tea Industry Opportunities and Challenges
2.4 Bubble Tea Industry Restraints
3 Global Market Growth Prospects
3.1 Global Bubble Tea Revenue Estimates and Forecasts (2019-2030)
3.2 Global Bubble Tea Revenue by Region
3.2.1 Global Bubble Tea Revenue by Region: 2019 VS 2023 VS 2030
3.2.2 Global Bubble Tea Revenue by Region (2019-2024)
3.2.3 Global Bubble Tea Revenue by Region (2025-2030)
3.2.4 Global Bubble Tea Revenue Market Share by Region (2019-2030)
3.3 Global Bubble Tea Sales Estimates and Forecasts 2019-2030
3.4 Global Bubble Tea Sales by Region
3.4.1 Global Bubble Tea Sales by Region: 2019 VS 2023 VS 2030
3.4.2 Global Bubble Tea Sales by Region (2019-2024)
3.4.3 Global Bubble Tea Sales by Region (2025-2030)
3.4.4 Global Bubble Tea Sales Market Share by Region (2019-2030)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (Excluding China)
3.9 Middle East, Africa and Latin America
4 Market Competitive Landscape by Manufacturers
4.1 Global Bubble Tea Revenue by Manufacturers
4.1.1 Global Bubble Tea Revenue by Manufacturers (2019-2024)
4.1.2 Global Bubble Tea Revenue Market Share by Manufacturers (2019-2024)
4.1.3 Global Bubble Tea Manufacturers Revenue Share Top 10 and Top 5 in 2023
4.2 Global Bubble Tea Sales by Manufacturers
4.2.1 Global Bubble Tea Sales by Manufacturers (2019-2024)
4.2.2 Global Bubble Tea Sales Market Share by Manufacturers (2019-2024)
4.2.3 Global Bubble Tea Manufacturers Sales Share Top 10 and Top 5 in 2023
4.3 Global Bubble Tea Sales Price by Manufacturers (2019-2024)
4.4 Global Bubble Tea Key Manufacturers Ranking, 2022 VS 2023 VS 2024
4.5 Global Bubble Tea Key Manufacturers Manufacturing Sites & Headquarters
4.6 Global Bubble Tea Manufacturers, Product Type & Application
4.7 Global Bubble Tea Manufacturers Commercialization Time
4.8 Market Competitive Analysis
4.8.1 Global Bubble Tea Market CR5 and HHI
4.8.2 2023 Bubble Tea Tier 1, Tier 2, and Tier 3
5 Bubble Tea Market by Type
5.1 Global Bubble Tea Revenue by Type
5.1.1 Global Bubble Tea Revenue by Type (2019 VS 2023 VS 2030)
5.1.2 Global Bubble Tea Revenue by Type (2019-2030) & (US$ Million)
5.1.3 Global Bubble Tea Revenue Market Share by Type (2019-2030)
5.2 Global Bubble Tea Sales by Type
5.2.1 Global Bubble Tea Sales by Type (2019 VS 2023 VS 2030)
5.2.2 Global Bubble Tea Sales by Type (2019-2030) & (M Cups)
5.2.3 Global Bubble Tea Sales Market Share by Type (2019-2030)
5.3 Global Bubble Tea Price by Type
6 Bubble Tea Market by Application
6.1 Global Bubble Tea Revenue by Application
6.1.1 Global Bubble Tea Revenue by Application (2019 VS 2023 VS 2030)
6.1.2 Global Bubble Tea Revenue by Application (2019-2030) & (US$ Million)
6.1.3 Global Bubble Tea Revenue Market Share by Application (2019-2030)
6.2 Global Bubble Tea Sales by Application
6.2.1 Global Bubble Tea Sales by Application (2019 VS 2023 VS 2030)
6.2.2 Global Bubble Tea Sales by Application (2019-2030) & (M Cups)
6.2.3 Global Bubble Tea Sales Market Share by Application (2019-2030)
6.3 Global Bubble Tea Price by Application
7 Company Profiles
7.1 Kung Fu Tea
7.1.1 Kung Fu Tea Comapny Information
7.1.2 Kung Fu Tea Business Overview
7.1.3 Kung Fu Tea Bubble Tea Sales, Revenue, Price and Gross Margin (2019-2024)
7.1.4 Kung Fu Tea Bubble Tea Product Portfolio
7.1.5 Kung Fu Tea Recent Developments
7.2 Gong Cha
7.2.1 Gong Cha Comapny Information
7.2.2 Gong Cha Business Overview
7.2.3 Gong Cha Bubble Tea Sales, Revenue, Price and Gross Margin (2019-2024)
7.2.4 Gong Cha Bubble Tea Product Portfolio
7.2.5 Gong Cha Recent Developments
7.3 Boba Guys
7.3.1 Boba Guys Comapny Information
7.3.2 Boba Guys Business Overview
7.3.3 Boba Guys Bubble Tea Sales, Revenue, Price and Gross Margin (2019-2024)
7.3.4 Boba Guys Bubble Tea Product Portfolio
7.3.5 Boba Guys Recent Developments
7.4 Chatime
7.4.1 Chatime Comapny Information
7.4.2 Chatime Business Overview
7.4.3 Chatime Bubble Tea Sales, Revenue, Price and Gross Margin (2019-2024)
7.4.4 Chatime Bubble Tea Product Portfolio
7.4.5 Chatime Recent Developments
7.5 ShareTea
7.5.1 ShareTea Comapny Information
7.5.2 ShareTea Business Overview
7.5.3 ShareTea Bubble Tea Sales, Revenue, Price and Gross Margin (2019-2024)
7.5.4 ShareTea Bubble Tea Product Portfolio
7.5.5 ShareTea Recent Developments
7.6 8tea5
7.6.1 8tea5 Comapny Information
7.6.2 8tea5 Business Overview
7.6.3 8tea5 Bubble Tea Sales, Revenue, Price and Gross Margin (2019-2024)
7.6.4 8tea5 Bubble Tea Product Portfolio
7.6.5 8tea5 Recent Developments
7.7 Quickly
7.7.1 Quickly Comapny Information
7.7.2 Quickly Business Overview
7.7.3 Quickly Bubble Tea Sales, Revenue, Price and Gross Margin (2019-2024)
7.7.4 Quickly Bubble Tea Product Portfolio
7.7.5 Quickly Recent Developments
7.8 CoCo Fresh
7.8.1 CoCo Fresh Comapny Information
7.8.2 CoCo Fresh Business Overview
7.8.3 CoCo Fresh Bubble Tea Sales, Revenue, Price and Gross Margin (2019-2024)
7.8.4 CoCo Fresh Bubble Tea Product Portfolio
7.8.5 CoCo Fresh Recent Developments
7.9 ViVi Bubble Tea
7.9.1 ViVi Bubble Tea Comapny Information
7.9.2 ViVi Bubble Tea Business Overview
7.9.3 ViVi Bubble Tea Bubble Tea Sales, Revenue, Price and Gross Margin (2019-2024)
7.9.4 ViVi Bubble Tea Bubble Tea Product Portfolio
7.9.5 ViVi Bubble Tea Recent Developments
8 North America
8.1 North America Bubble Tea Market Size by Type
8.1.1 North America Bubble Tea Revenue by Type (2019-2030)
8.1.2 North America Bubble Tea Sales by Type (2019-2030)
8.1.3 North America Bubble Tea Price by Type (2019-2030)
8.2 North America Bubble Tea Market Size by Application
8.2.1 North America Bubble Tea Revenue by Application (2019-2030)
8.2.2 North America Bubble Tea Sales by Application (2019-2030)
8.2.3 North America Bubble Tea Price by Application (2019-2030)
8.3 North America Bubble Tea Market Size by Country
8.3.1 North America Bubble Tea Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
8.3.2 North America Bubble Tea Sales by Country (2019 VS 2023 VS 2030)
8.3.3 North America Bubble Tea Price by Country (2019-2030)
8.3.4 U.S.
8.3.5 Canada
9 Europe
9.1 Europe Bubble Tea Market Size by Type
9.1.1 Europe Bubble Tea Revenue by Type (2019-2030)
9.1.2 Europe Bubble Tea Sales by Type (2019-2030)
9.1.3 Europe Bubble Tea Price by Type (2019-2030)
9.2 Europe Bubble Tea Market Size by Application
9.2.1 Europe Bubble Tea Revenue by Application (2019-2030)
9.2.2 Europe Bubble Tea Sales by Application (2019-2030)
9.2.3 Europe Bubble Tea Price by Application (2019-2030)
9.3 Europe Bubble Tea Market Size by Country
9.3.1 Europe Bubble Tea Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
9.3.2 Europe Bubble Tea Sales by Country (2019 VS 2023 VS 2030)
9.3.3 Europe Bubble Tea Price by Country (2019-2030)
9.3.4 Germany
9.3.5 France
9.3.6 U.K.
9.3.7 Italy
9.3.8 Russia
10 China
10.1 China Bubble Tea Market Size by Type
10.1.1 China Bubble Tea Revenue by Type (2019-2030)
10.1.2 China Bubble Tea Sales by Type (2019-2030)
10.1.3 China Bubble Tea Price by Type (2019-2030)
10.2 China Bubble Tea Market Size by Application
10.2.1 China Bubble Tea Revenue by Application (2019-2030)
10.2.2 China Bubble Tea Sales by Application (2019-2030)
10.2.3 China Bubble Tea Price by Application (2019-2030)
11 Asia (Excluding China)
11.1 Asia Bubble Tea Market Size by Type
11.1.1 Asia Bubble Tea Revenue by Type (2019-2030)
11.1.2 Asia Bubble Tea Sales by Type (2019-2030)
11.1.3 Asia Bubble Tea Price by Type (2019-2030)
11.2 Asia Bubble Tea Market Size by Application
11.2.1 Asia Bubble Tea Revenue by Application (2019-2030)
11.2.2 Asia Bubble Tea Sales by Application (2019-2030)
11.2.3 Asia Bubble Tea Price by Application (2019-2030)
11.3 Asia Bubble Tea Market Size by Country
11.3.1 Asia Bubble Tea Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
11.3.2 Asia Bubble Tea Sales by Country (2019 VS 2023 VS 2030)
11.3.3 Asia Bubble Tea Price by Country (2019-2030)
11.3.4 Japan
11.3.5 South Korea
11.3.6 India
11.3.7 Australia
11.3.8 China Taiwan
11.3.9 Southeast Asia
12 Middle East, Africa and Latin America
12.1 MEALA Bubble Tea Market Size by Type
12.1.1 MEALA Bubble Tea Revenue by Type (2019-2030)
12.1.2 MEALA Bubble Tea Sales by Type (2019-2030)
12.1.3 MEALA Bubble Tea Price by Type (2019-2030)
12.2 MEALA Bubble Tea Market Size by Application
12.2.1 MEALA Bubble Tea Revenue by Application (2019-2030)
12.2.2 MEALA Bubble Tea Sales by Application (2019-2030)
12.2.3 MEALA Bubble Tea Price by Application (2019-2030)
12.3 MEALA Bubble Tea Market Size by Country
12.3.1 MEALA Bubble Tea Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
12.3.2 MEALA Bubble Tea Sales by Country (2019 VS 2023 VS 2030)
12.3.3 MEALA Bubble Tea Price by Country (2019-2030)
12.3.4 Mexico
12.3.5 Brazil
12.3.6 Israel
12.3.7 Argentina
12.3.8 Colombia
12.3.9 Turkey
12.3.10 Saudi Arabia
12.3.11 UAE
13 Value Chain and Sales Channels Analysis
13.1 Bubble Tea Value Chain Analysis
13.1.1 Bubble Tea Key Raw Materials
13.1.2 Raw Materials Key Suppliers
13.1.3 Manufacturing Cost Structure
13.1.4 Bubble Tea Production Mode & Process
13.2 Bubble Tea Sales Channels Analysis
13.2.1 Direct Comparison with Distribution Share
13.2.2 Bubble Tea Distributors
13.2.3 Bubble Tea Customers
14 Concluding Insights
15 Appendix
15.1 Reasons for Doing This Study
15.2 Research Methodology
15.3 Research Process
15.4 Authors List of This Report
15.5 Data Source
15.5.1 Secondary Sources
15.5.2 Primary Sources
15.6 Disclaimer

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