Bubble Tea Market

Bubble Tea Market Study by Black Tea, Green Tea, Oolong Tea, and White Tea in Ready-to-Drink and Instant Bubble Tea Mix Kits from 2024 to 2034

Analysis of Bubble Tea Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Bubble Tea Market Outlook (2024 to 2034)

The global bubble tea market size is estimated to reach a size of US$ 1.71 billion in 2024. The market has been projected to climb to a value of US$ 3.72 billion by the end of 2034, expanding at a CAGR of 8.1% over the next ten years.

Growing demand for bubble tea is driven by the drink's diversity, with most bubble tea recipes containing the base mixed with fruit and milk, as well as chewy tapioca balls gaining popularity due to their slushy consistency.

Bubble tea serves a wide range of flavors. It has been identified as a modified beverage and is gaining enormous popularity in various regions.

Key Market Growth Drivers

  • Pearl milk tea, increasingly popular as a healthier alternative to carbonated beverages, has significantly boosted demand for bubble tea. Consumers prefer beverages made with natural ingredients, and there is a rising demand for unique flavors. Customization is a major factor driving their popularity, with a tea base setting the flavor tone, complemented by fruit flavors such as mango and lychee.
  • Ever-increasing consumption of tea and nootropic drinks among the working-class population and students, coupled with options featuring zero-fat and low-calorie content available at bubble tea shops, is a key driver of global market demand.
  • Bubble tea is gaining traction in the food and beverages industry, driven by consumer interest in innovative beverages with bold flavors.
  • Bubble tea offers many health benefits. It acts as an antioxidant, helping to slow cell damage, and its anti-inflammatory properties can lower cholesterol and triglyceride levels. It is also believed to have potential benefits for treating depression and other health issues.
  • Popular flavors include fruit, green jasmine, and black tea. The availability of lactose-free options is further contributing to the expansion of the bubble tea market size.
Report Attribute Detail
Bubble Tea Market Size (2024E) US$ 1.71 Billion
Projected Market Value (2034F) US$ 3.72 Billion
Global Market Growth Rate (2024 to 2034) 8.1% CAGR
East Asia Market Growth Rate (2024 to 2034) 8.4% CAGR
North America Market Share (2024E) 23.7%
Black Tea Segment Value (2024E) US$ 736.2 Million
Flavored Bubble Tea Segment Value (2024E) US$ 1.45 Billion
Key Companies Profiled Kung Fu Tea; Ten Ren Tea, Inc.; Boise Boba; Woop Bubble Tea; Coco Tea; Empire Eagle Food Co.; Yen Chuan International Co., Ltd.; Gong Cha USA Ltd.; Quickly Corporation; BobaTea Factory; Possmei International Co., Ltd.; Bubble Tea House Company; Boba Guys, Inc.; Chatime; 8tea5; Tapioca Express, Inc.; The Inspire Food Company; TACHUNGHO; Sharetea.

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What is Behind Rising Popularity of Bubble Tea?

“Role of Bubble Tea in Reducing Muscle Tension and Enhancing Cognitive Function”

Bubble tea franchises are increasingly being owned and operated by entrepreneurs who are adept at social media, seeking new business opportunities to expand their consumer base across demographics and devise effective growth strategies. Bubble tea contains carbohydrates, which are primary sources of energy for the brain, and it also supports cardiovascular health and the central nervous system.

Given the demands of professional life, which often involve multiple stressful activities throughout the day, drinking bubble tea can help reduce muscle tension, making daily tasks more manageable. Its caffeine content provides refreshment and aids in memory and cognitive function. Additionally, bubble tea strengthens the immune system and contains a variety of antioxidants that combat oxidative stress.

What are the Key Challenges Faced by Bubble Tea Producers?

“Negative Health Effects of Excessive Sugar Consumption”

Bubble tea contains more sugar than other drinks, and consumers are becoming more aware of the negative health effects of excessive sugar consumption, which can lead to health problems. Bubble tea contains approximately 400 calories; therefore, it should not be consumed regularly. This high sugar level can cause diabetes, tooth decay, and a decline in the body's immunity. It is also high in carbohydrates and deficient in essential nutrients such as vitamins, minerals, fiber, etc.

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Country-wise Insights

East Asia is expected to hold a global bubble tea market share of 22.2% in 2024. Growing demand for bubble tea is primarily due to the growing popularity of cafés and quick-service restaurants in Asia, particularly Starbucks' rapid expansion in the region. The bubble tea craze has only grown since the introduction of companies such as Chatime, Koi, and Tiger Sugar in Asian cities that offer the bubble tea version of café culture.

Coffee shops and cafés are the fastest-growing foodservice segments, particularly in South Asian and Pacific countries. Bubble tea consumption in this region is expected to increase due to its unique flavors, convenience, and personalized requirements. Sales of bubble tea beverages are expected to rise due to the growing popularity of café culture and consumer demand for innovative and unique food.

What are the Opportunities for Bubble Tea Companies in the United States?

“Rising Consumption of Non-Aloholic Beverages and Plant-Based Food”

Attribute United States
Market Value (2024E) US$ 179.3 Million
Growth Rate (2024 to 2034) 8.5% CAGR
Projected Value (2034F) US$ 407.3 Million

The United States is estimated to account for a market share of 44.3% in North America in 2024. More of the general population of the United States is increasingly consuming non-alcoholic beverages and vegan and plant-based food, which is a key bubble tea market trend in the country. Fruity beverages are also becoming more popular among the population, which is influencing the growth of the bubble tea market in the country. The number of people looking for something different to consume as far as beverages are concerned is constantly rising, and bubble tea manufacturers are leveraging this trend to bolster their market position.

Why is China a Key Market for Producers of Bubble Tea?

“Increasing Consumer Spending on Healthy Beverages”

Attribute China
Market Value (2024E) US$ 184.7 Million
Growth Rate (2024 to 2034) 8.1% CAGR
Projected Value (2034F) US$ 403.2 Million

China is expected to have a key influence on the East Asia market with a revenue share of 48.7% in 2024. China is amongst the leading manufacturers of bubble tea across the globe. Consumers are spending a lot on healthy beverages, and ongoing projects are expected to help the region grow even more. While bubble tea originated in Taiwan, it has become extremely popular in mainland China, particularly since the mid-2010s.

Popularity of bubble tea is primarily driven by younger consumers. Bubble tea is gaining popularity on Chinese social media platforms such as Weibo and Douyin (TikTok) due to its visually appealing nature. A lot of the bubble tea shops in China use mobile ordering and payment systems, which makes purchases easier for tech-savvy customers.

Category-wise Insights

Based on topping, the tapioca pearls category occupies a substantial market share; however, popping boba, jellies, and other segments of bubble tea are projected to account for increased sales even more because of the innovations and flavors offered by manufacturers. Based on distribution channels, business-to-consumer sales of bubble tea are projected to show an upward trend during the forecast period.

Why is Demand for Green Tea So High Worldwide?

“Health Consciousness Trend Driving Consumption of Green Tea”

Attribute Green Tea
Segment Value (2024E) US$ 538.1 Million
Growth Rate (2024 to 2034) 8.2% CAGR
Projected Value (2034F) US$ 1.19 Billion

The green tea segment is poised to account for 31.5% market share in 2024. This segment is growing in popularity as people are becoming more health conscious, preventing them from gaining weight and inducing weight loss through regular consumption. Green tea has also demonstrated long-term energy-inducing properties that have a positive influence on body metabolism regulation, driving market growth.

What Makes Fruit Flavors Such as Lychee and Mango Popular?

“Nutritional Value, Organic Nature, and Sugar-Free Properties of Fruit Flavored Bubble Tea”

Attribute Flavored Bubble Tea
Segment Value (2024E) US$ 1.45 Billion
Growth Rate (2024 to 2034) 8.2% CAGR
Projected Value (2034F) US$ 3.17 Billion

The flavored bubble tea segment is poised to account for 84.8% of the overall market share in 2024. Fruit flavors are the most popular among consumers. Flavors include lychee, passion fruit, mango, plum, avocado, strawberry, banana, grape, lemon, and more. This segment is expected to expand significantly over the forecast period due to its high nutritional value, organic nature, and sugar-free properties when compared to other artificial flavors.

Consumers prefer beverages made with natural ingredients, and the demand for unusual flavors is increasing. Customization is a major reason why these drinks are so popular. A tea base establishes the flavor, which can be enhanced with fruit flavors such as mango and lychee, among others.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Competition Landscape

Key players in the bubble tea market are focusing on introducing innovative beverages with a wide range of flavors, including apple, dry fruits, milk flavors, and many more. Manufacturers have the opportunity to introduce new flavored drinks to the market because millennials are known for their eagerness to try new flavors.

  • Chill Bubble Tea offers bubble tea that is kosher, halal, gluten-free, and gelatin-free. It also manufactures tea especially for vegans and lactose-free customers.
  • Frothtea Bubble Tea achieved Singapore Food Agency certification recently by adhering to strict food hygiene practices and guidelines. It also uses Halal-certified raw materials.
  • Sharetea operates more than 450 stores in 16 countries, including the United States, Canada, the United Kingdom, Australia, Singapore, Malaysia, the Philippines, and Indonesia, using various franchise models and branches.
  • Tiger Sugar has operations in Europe, Asia, Taiwan, Oceania, and America. It is expanding its operations by opening branches in Hong Kong, Korea, Afghanistan, Germany, and other locations.

Fact.MR provides detailed information about the price points of leading manufacturers of bubble tea positioned across the world, sales growth, production capacity, and technological advancements, in this recently updated market report.

Segmentation of Bubble Tea Market Research

  • By Ingredient :

    • Black Tea
    • Green Tea
    • Oolong Tea
    • White Tea
  • By Flavor :

    • Unflavored
    • Flavored
  • By Format :

    • Ready-to-Drink
    • Instant Bubble Tea Mix Kits
  • By Topping :

    • Tapioca Pearls
    • Popping Boba
    • Jellies
  • By Distribution Channel :

    • Business to Business
    • Business to Consumer
  • By Region :

    • North America
    • Latin America
    • East Asia
    • South Asia & Pacific
    • Western Europe
    • Eastern Europe
    • Middle East & Africa

Table of Content

1. Executive Summary

2. Industry Introduction, including Taxonomy and Market Definition

3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments

4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections

5. Pricing Analysis

6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034

    6.1. Ingredient

    6.2. Flavor

    6.3. Format

    6.4. Topping

    6.5. Distribution Channel

7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Ingredient

    7.1. Black Tea

    7.2. Green Tea

    7.3. Oolong Tea

    7.4. White Tea

8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Flavor

    8.1. Unflavored

    8.2. Flavored Ready-to-Drink

    8.3. Instant Mix Kits

9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Format

    9.1. Format A

10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Topping

    10.1. Tapioca Pearls

    10.2. Popping Boba

    10.3. Jellies

11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Distribution Channel

    11.1. Business to Business

    11.2. Business to Consumer

12. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region

    12.1. North America

    12.2. Latin America

    12.3. Western Europe

    12.4. Eastern Europe

    12.5. East Asia

    12.6. South Asia & Pacific

    12.7. Middle East & Africa

13. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

14. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

15. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

16. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

17. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

18. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

19. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

20. Sales Forecast 2024 to 2034 by Ingredient, Flavor, Format, Topping, Distribution Channel, and Region for 30 Countries

21. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard

22. Company Profile

    22.1. Kung Fu Tea

    22.2. Ten Ren Tea, Inc.

    22.3. Boise Boba

    22.4. Woop Bubble Tea

    22.5. Coco Tea

    22.6. Empire Eagle Food Co.

    22.7. Yen Chuan International Co., Ltd.

    22.8. Gong Cha USA Ltd.

    22.9. Quickly Corporation

    22.10. BobaTea Factory

    22.11. Possmei International Co., Ltd.

    22.12. House Company

    22.13. Boba Guys, Inc.

    22.14. Chatime

    22.15. 8tea5

    22.16. Tapioca Express, Inc.

    22.17. The Inspire Food Company

    22.18. TACHUNGHO

    22.19. Sharetea

23. Assumptions and Acronyms Used

24. Research Methodology

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List Of Table

Table 01: Global Market Value (US$ Mn) Analysis, by Ingredient, 2019 to 2023

Table 02: Global Market Value (US$ Mn) Analysis, by Ingredient, 2024 to 2034

Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Ingredient, 2024 to 2034

Table 04: Global Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023

Table 05: Global Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034

Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034

Table 07: Global Market Value (US$ Mn) Analysis, by Format, 2019 to 2023

Table 08: Global Market Value (US$ Mn) Analysis, by Format, 2024 to 2034

Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Format, 2024 to 2034

Table 10: Global Market Value (US$ Mn) Analysis, by Topping, 2019 to 2023

Table 11: Global Market Value (US$ Mn) Analysis, by Topping, 2024 to 2034

Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Topping, 2024 to 2034

Table 13: Global Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023

Table 14: Global Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 15: Global Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

Table 16: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023

Table 17: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034

Table 18: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034

Table 19: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 20: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 22: North America Market Value (US$ Mn) Analysis, by Ingredient, 2019 to 2023

Table 23: North America Market Value (US$ Mn) Analysis, by Ingredient, 2024 to 2034

Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Ingredient, 2024 to 2034

Table 25: North America Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023

Table 26: North America Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034

Table 27: North America Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034

Table 28: North America Market Value (US$ Mn) Analysis, by Format, 2019 to 2023

Table 29: North America Market Value (US$ Mn) Analysis, by Format, 2024 to 2034

Table 30: North America Market Value (US$ Mn) Opportunity Analysis, by Format, 2024 to 2034

Table 31: North America Market Value (US$ Mn) Analysis, by Topping, 2019 to 2023

Table 32: North America Market Value (US$ Mn) Analysis, by Topping, 2024 to 2034

Table 33: North America Market Value (US$ Mn) Opportunity Analysis, by Topping, 2024 to 2034

Table 34: North America Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023

Table 35: North America Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 36: North America Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

Table 37: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 38: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 39: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 40: Latin America Market Value (US$ Mn) Analysis, by Ingredient, 2019 to 2023

Table 41: Latin America Market Value (US$ Mn) Analysis, by Ingredient, 2024 to 2034

Table 42: Latin America Market Value (US$ Mn) Opportunity Analysis, by Ingredient, 2024 to 2034

Table 43: Latin America Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023

Table 44: Latin America Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034

Table 45: Latin America Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034

Table 46: Latin America Market Value (US$ Mn) Analysis, by Format, 2019 to 2023

Table 47: Latin America Market Value (US$ Mn) Analysis, by Format, 2024 to 2034

Table 48: Latin America Market Value (US$ Mn) Opportunity Analysis, by Format, 2024 to 2034

Table 49: Latin America Market Value (US$ Mn) Analysis, by Topping, 2019 to 2023

Table 50: Latin America Market Value (US$ Mn) Analysis, by Topping, 2024 to 2034

Table 51: Latin America Market Value (US$ Mn) Opportunity Analysis, by Topping, 2024 to 2034

Table 52: Latin America Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023

Table 53: Latin America Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 54: Latin America Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

Table 55: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 56: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 57: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 58: Western Europe Market Value (US$ Mn) Analysis, by Ingredient, 2019 to 2023

Table 59: Western Europe Market Value (US$ Mn) Analysis, by Ingredient, 2024 to 2034

Table 60: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Ingredient, 2024 to 2034

Table 61: Western Europe Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023

Table 62: Western Europe Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034

Table 63: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034

Table 64: Western Europe Market Value (US$ Mn) Analysis, by Format, 2019 to 2023

Table 65: Western Europe Market Value (US$ Mn) Analysis, by Format, 2024 to 2034

Table 66: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Format, 2024 to 2034

Table 67: Western Europe Market Value (US$ Mn) Analysis, by Topping, 2019 to 2023

Table 68: Western Europe Market Value (US$ Mn) Analysis, by Topping, 2024 to 2034

Table 69: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Topping, 2024 to 2034

Table 70: Western Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023

Table 71: Western Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 72: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

Table 73: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 74: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 75: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 76: Eastern Europe Market Value (US$ Mn) Analysis, by Ingredient, 2019 to 2023

Table 77: Eastern Europe Market Value (US$ Mn) Analysis, by Ingredient, 2024 to 2034

Table 78: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Ingredient, 2024 to 2034

Table 79: Eastern Europe Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023

Table 80: Eastern Europe Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034

Table 81: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034

Table 82: Eastern Europe Market Value (US$ Mn) Analysis, by Format, 2019 to 2023

Table 83: Eastern Europe Market Value (US$ Mn) Analysis, by Format, 2024 to 2034

Table 84: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Format, 2024 to 2034

Table 85: Eastern Europe Market Value (US$ Mn) Analysis, by Topping, 2019 to 2023

Table 86: Eastern Europe Market Value (US$ Mn) Analysis, by Topping, 2024 to 2034

Table 87: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Topping, 2024 to 2034

Table 88: Eastern Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023

Table 89: Eastern Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 90: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

Table 91: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 92: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 93: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 94: East Asia Market Value (US$ Mn) Analysis, by Ingredient, 2019 to 2023

Table 95: East Asia Market Value (US$ Mn) Analysis, by Ingredient, 2024 to 2034

Table 96: East Asia Market Value (US$ Mn) Opportunity Analysis, by Ingredient, 2024 to 2034

Table 97: East Asia Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023

Table 98: East Asia Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034

Table 99: East Asia Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034

Table 100: East Asia Market Value (US$ Mn) Analysis, by Format, 2019 to 2023

Table 101: East Asia Market Value (US$ Mn) Analysis, by Format, 2024 to 2034

Table 102: East Asia Market Value (US$ Mn) Opportunity Analysis, by Format, 2024 to 2034

Table 103: East Asia Market Value (US$ Mn) Analysis, by Topping, 2019 to 2023

Table 104: East Asia Market Value (US$ Mn) Analysis, by Topping, 2024 to 2034

Table 105: East Asia Market Value (US$ Mn) Opportunity Analysis, by Topping, 2024 to 2034

Table 106: East Asia Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023

Table 107: East Asia Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 108: East Asia Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

Table 109: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 110: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 111: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 112: South Asia & Pacific Market Value (US$ Mn) Analysis, by Ingredient, 2019 to 2023

Table 113: South Asia & Pacific Market Value (US$ Mn) Analysis, by Ingredient, 2024 to 2034

Table 114: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Ingredient, 2024 to 2034

Table 115: South Asia & Pacific Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023

Table 116: South Asia & Pacific Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034

Table 117: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034

Table 118: South Asia & Pacific Market Value (US$ Mn) Analysis, by Format, 2019 to 2023

Table 119: South Asia & Pacific Market Value (US$ Mn) Analysis, by Format, 2024 to 2034

Table 120: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Format, 2024 to 2034

Table 121: South Asia & Pacific Market Value (US$ Mn) Analysis, by Topping, 2019 to 2023

Table 122: South Asia & Pacific Market Value (US$ Mn) Analysis, by Topping, 2024 to 2034

Table 123: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Topping, 2024 to 2034

Table 124: South Asia & Pacific Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023

Table 125: South Asia & Pacific Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 126: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

Table 127: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 128: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 129: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 130: MEA Market Value (US$ Mn) Analysis, by Ingredient, 2019 to 2023

Table 131: MEA Market Value (US$ Mn) Analysis, by Ingredient, 2024 to 2034

Table 132: MEA Market Value (US$ Mn) Opportunity Analysis, by Ingredient, 2024 to 2034

Table 133: MEA Market Value (US$ Mn) Analysis, by Flavor, 2019 to 2023

Table 134: MEA Market Value (US$ Mn) Analysis, by Flavor, 2024 to 2034

Table 135: MEA Market Value (US$ Mn) Opportunity Analysis, by Flavor, 2024 to 2034

Table 136: MEA Market Value (US$ Mn) Analysis, by Format, 2019 to 2023

Table 137: MEA Market Value (US$ Mn) Analysis, by Format, 2024 to 2034

Table 138: MEA Market Value (US$ Mn) Opportunity Analysis, by Format, 2024 to 2034

Table 139: MEA Market Value (US$ Mn) Analysis, by Topping, 2019 to 2023

Table 140: MEA Market Value (US$ Mn) Analysis, by Topping, 2024 to 2034

Table 141: MEA Market Value (US$ Mn) Opportunity Analysis, by Topping, 2024 to 2034

Table 142: MEA Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023

Table 143: MEA Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 144: MEA Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

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List Of Figures

Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034

Figure 05: Global Market Share and BPS Analysis by Ingredient, 2024 & 2034

Figure 06: Global Market Y-o-Y Growth Projections by Ingredient, 2024 to 2034

Figure 07: Global Market Attractiveness Analysis by Ingredient, 2024 to 2034

Figure 08: Global Market Share and BPS Analysis by Flavor, 2024 & 2034

Figure 09: Global Market Y-o-Y Growth Projections by Flavor, 2024 to 2034

Figure 10: Global Market Attractiveness Analysis by Flavor, 2024 to 2034

Figure 11: Global Market Share and BPS Analysis by Format, 2024 & 2034

Figure 12: Global Market Y-o-Y Growth Projections by Format, 2024 to 2034

Figure 13: Global Market Attractiveness Analysis by Format, 2024 to 2034

Figure 14: Global Market Share and BPS Analysis by Topping, 2024 & 2034

Figure 15: Global Market Y-o-Y Growth Projections by Topping, 2024 to 2034

Figure 16: Global Market Attractiveness Analysis by Topping, 2024 to 2034

Figure 17: Global Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 18: Global Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 19: Global Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Figure 20: Global Market Share and BPS Analysis by Region, 2024 & 2034

Figure 21: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034

Figure 22: Global Market Attractiveness Analysis by Region, 2024 to 2034

Figure 23: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 24: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 25: North America Market Value Y-o-Y Growth and Forecast, 2034

Figure 26: North America Market Incremental $ Opportunity, 2024 to 2034

Figure 27: North America Market Share Analysis by Country, 2024 & 2034

Figure 28: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 29: North America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 30: North America Market Share and BPS Analysis by Ingredient, 2024 & 2034

Figure 31: North America Market Y-o-Y Growth Projections by Ingredient, 2024 to 2034

Figure 32: North America Market Attractiveness Analysis by Ingredient, 2024 to 2034

Figure 33: North America Market Share and BPS Analysis by Flavor, 2024 & 2034

Figure 34: North America Market Y-o-Y Growth Projections by Flavor, 2024 to 2034

Figure 35: North America Market Attractiveness Analysis by Flavor, 2024 to 2034

Figure 36: North America Market Share and BPS Analysis by Format, 2024 & 2034

Figure 37: North America Market Y-o-Y Growth Projections by Format, 2024 to 2034

Figure 38: North America Market Attractiveness Analysis by Format, 2024 to 2034

Figure 39: North America Market Share and BPS Analysis by Topping, 2024 & 2034

Figure 40: North America Market Y-o-Y Growth Projections by Topping, 2024 to 2034

Figure 41: North America Market Attractiveness Analysis by Topping, 2024 to 2034

Figure 42: North America Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 43: North America Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 44: North America Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Figure 45: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 46: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 47: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 48: Latin America Market Incremental $ Opportunity, 2024 to 2034

Figure 49: Latin America Market Share Analysis by Country, 2024 & 2034

Figure 50: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 51: Latin America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 52: Latin America Market Share and BPS Analysis by Ingredient, 2024 & 2034

Figure 53: Latin America Market Y-o-Y Growth Projections by Ingredient, 2024 to 2034

Figure 54: Latin America Market Attractiveness Analysis by Ingredient, 2024 to 2034

Figure 55: Latin America Market Share and BPS Analysis by Flavor, 2024 & 2034

Figure 56: Latin America Market Y-o-Y Growth Projections by Flavor, 2024 to 2034

Figure 57: Latin America Market Attractiveness Analysis by Flavor, 2024 to 2034

Figure 58: Latin America Market Share and BPS Analysis by Format, 2024 & 2034

Figure 59: Latin America Market Y-o-Y Growth Projections by Format, 2024 to 2034

Figure 60: Latin America Market Attractiveness Analysis by Format, 2024 to 2034

Figure 61: Latin America Market Share and BPS Analysis by Topping, 2024 & 2034

Figure 62: Latin America Market Y-o-Y Growth Projections by Topping, 2024 to 2034

Figure 63: Latin America Market Attractiveness Analysis by Topping, 2024 to 2034

Figure 64: Latin America Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 65: Latin America Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 66: Latin America Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Figure 67: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 68: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 69: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 70: Western Europe Market Incremental $ Opportunity, 2024 to 2034

Figure 71: Western Europe Market Share Analysis by Country, 2024 & 2034

Figure 72: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 73: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 74: Western Europe Market Share and BPS Analysis by Ingredient, 2024 & 2034

Figure 75: Western Europe Market Y-o-Y Growth Projections by Ingredient, 2024 to 2034

Figure 76: Western Europe Market Attractiveness Analysis by Ingredient, 2024 to 2034

Figure 77: Western Europe Market Share and BPS Analysis by Flavor, 2024 & 2034

Figure 78: Western Europe Market Y-o-Y Growth Projections by Flavor, 2024 to 2034

Figure 79: Western Europe Market Attractiveness Analysis by Flavor, 2024 to 2034

Figure 80: Western Europe Market Share and BPS Analysis by Format, 2024 & 2034

Figure 81: Western Europe Market Y-o-Y Growth Projections by Format, 2024 to 2034

Figure 82: Western Europe Market Attractiveness Analysis by Format, 2024 to 2034

Figure 83: Western Europe Market Share and BPS Analysis by Topping, 2024 & 2034

Figure 84: Western Europe Market Y-o-Y Growth Projections by Topping, 2024 to 2034

Figure 85: Western Europe Market Attractiveness Analysis by Topping, 2024 to 2034

Figure 86: Western Europe Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 87: Western Europe Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 88: Western Europe Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Figure 89: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 90: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 91: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 92: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034

Figure 93: Eastern Europe Market Share Analysis by Country, 2024 & 2034

Figure 94: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 95: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 96: Eastern Europe Market Share and BPS Analysis by Ingredient, 2024 & 2034

Figure 97: Eastern Europe Market Y-o-Y Growth Projections by Ingredient, 2024 to 2034

Figure 98: Eastern Europe Market Attractiveness Analysis by Ingredient, 2024 to 2034

Figure 99: Eastern Europe Market Share and BPS Analysis by Flavor, 2024 & 2034

Figure 100: Eastern Europe Market Y-o-Y Growth Projections by Flavor, 2024 to 2034

Figure 101: Eastern Europe Market Attractiveness Analysis by Flavor, 2024 to 2034

Figure 102: Eastern Europe Market Share and BPS Analysis by Format, 2024 & 2034

Figure 103: Eastern Europe Market Y-o-Y Growth Projections by Format, 2024 to 2034

Figure 104: Eastern Europe Market Attractiveness Analysis by Format, 2024 to 2034

Figure 105: Eastern Europe Market Share and BPS Analysis by Topping, 2024 & 2034

Figure 106: Eastern Europe Market Y-o-Y Growth Projections by Topping, 2024 to 2034

Figure 107: Eastern Europe Market Attractiveness Analysis by Topping, 2024 to 2034

Figure 108: Eastern Europe Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 109: Eastern Europe Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 110: Eastern Europe Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Figure 111: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 112: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 113: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 114: East Asia Market Incremental $ Opportunity, 2024 to 2034

Figure 115: East Asia Market Share Analysis by Country, 2024 & 2034

Figure 116: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 117: East Asia Market Attractiveness Analysis by Country, 2024 to 2034

Figure 118: East Asia Market Share and BPS Analysis by Ingredient, 2024 & 2034

Figure 119: East Asia Market Y-o-Y Growth Projections by Ingredient, 2024 to 2034

Figure 120: East Asia Market Attractiveness Analysis by Ingredient, 2024 to 2034

Figure 121: East Asia Market Share and BPS Analysis by Flavor, 2024 & 2034

Figure 122: East Asia Market Y-o-Y Growth Projections by Flavor, 2024 to 2034

Figure 123: East Asia Market Attractiveness Analysis by Flavor, 2024 to 2034

Figure 124: East Asia Market Share and BPS Analysis by Format, 2024 & 2034

Figure 125: East Asia Market Y-o-Y Growth Projections by Format, 2024 to 2034

Figure 126: East Asia Market Attractiveness Analysis by Format, 2024 to 2034

Figure 127: East Asia Market Share and BPS Analysis by Topping, 2024 & 2034

Figure 128: East Asia Market Y-o-Y Growth Projections by Topping, 2024 to 2034

Figure 129: East Asia Market Attractiveness Analysis by Topping, 2024 to 2034

Figure 130: East Asia Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 131: East Asia Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 132: East Asia Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Figure 133: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 134: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 135: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 136: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034

Figure 137: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034

Figure 138: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 139: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034

Figure 140: South Asia & Pacific Market Share and BPS Analysis by Ingredient, 2024 & 2034

Figure 141: South Asia & Pacific Market Y-o-Y Growth Projections by Ingredient, 2024 to 2034

Figure 142: South Asia & Pacific Market Attractiveness Analysis by Ingredient, 2024 to 2034

Figure 143: South Asia & Pacific Market Share and BPS Analysis by Flavor, 2024 & 2034

Figure 144: South Asia & Pacific Market Y-o-Y Growth Projections by Flavor, 2024 to 2034

Figure 145: South Asia & Pacific Market Attractiveness Analysis by Flavor, 2024 to 2034

Figure 146: South Asia & Pacific Market Share and BPS Analysis by Format, 2024 & 2034

Figure 147: South Asia & Pacific Market Y-o-Y Growth Projections by Format, 2024 to 2034

Figure 148: South Asia & Pacific Market Attractiveness Analysis by Format, 2024 to 2034

Figure 149: South Asia & Pacific Market Share and BPS Analysis by Topping, 2024 & 2034

Figure 150: South Asia & Pacific Market Y-o-Y Growth Projections by Topping, 2024 to 2034

Figure 151: South Asia & Pacific Market Attractiveness Analysis by Topping, 2024 to 2034

Figure 152: South Asia & Pacific Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 153: South Asia & Pacific Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 154: South Asia & Pacific Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Figure 155: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 156: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 157: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 158: MEA Market Incremental $ Opportunity, 2024 to 2034

Figure 159: MEA Market Share Analysis by Country, 2024 & 2034

Figure 160: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 161: MEA Market Attractiveness Analysis by Country, 2024 to 2034

Figure 162: MEA Market Share and BPS Analysis by Ingredient, 2024 & 2034

Figure 163: MEA Market Y-o-Y Growth Projections by Ingredient, 2024 to 2034

Figure 164: MEA Market Attractiveness Analysis by Ingredient, 2024 to 2034

Figure 165: MEA Market Share and BPS Analysis by Flavor, 2024 & 2034

Figure 166: MEA Market Y-o-Y Growth Projections by Flavor, 2024 to 2034

Figure 167: MEA Market Attractiveness Analysis by Flavor, 2024 to 2034

Figure 168: MEA Market Share and BPS Analysis by Format, 2024 & 2034

Figure 169: MEA Market Y-o-Y Growth Projections by Format, 2024 to 2034

Figure 170: MEA Market Attractiveness Analysis by Format, 2024 to 2034

Figure 171: MEA Market Share and BPS Analysis by Topping, 2024 & 2034

Figure 172: MEA Market Y-o-Y Growth Projections by Topping, 2024 to 2034

Figure 173: MEA Market Attractiveness Analysis by Topping, 2024 to 2034

Figure 174: MEA Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 175: MEA Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 176: MEA Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

How big is the bubble tea market in 2024?

The global bubble tea market is estimated at US$ 1.71 billion in 2024.

What are the sales projections for bubble tea by 2034?

The market for bubble tea is forecasted to expand at a CAGR of 8.1% to reach US$ 3.72 billion by 2034.

At what rate is the market projected to expand in the United States?

The market in the United States is forecasted to advance at 8.5% CAGR between 2024 and 2034.

What is the forecasted market size for bubble tea in Japan?

The market in Japan is forecasted to reach US$ 248.9 million by 2034.

How much market share does black tea account for?

Black tea is estimated to account for 43.1% of the global market share in 2024.

What is the share of North America in the global market?

North America is forecasted to hold a market share of 24.1% by the end of 2034.

Who are the leading manufacturers of bubble tea?

Kung Fu Tea, Ten Ren Tea, Inc., and Boise Boba are some of the key players in the market.

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