Bubble Tea Market - Industry Analysis, Market Size, Share, Trends, Growth And Forecast 2020 - 2025

Report Code: FBR 73408 Report Format: PDF + Excel (Delivery in 48 Hrs)

Bubble Tea Market Overview

Bubble Tea Market size is estimated to reach $3.42 Bn by 2025 and is poised to grow at a CAGR of 7.87% during the forecast period 2020-2025. Bubble tea brewing includes ingredients like chewable tapioca balls along with the familiar basics of regular tea. Depending on the tapioca balls used, the tea offers different flavors like taro, lychee, aphids, passion fruit, mango, peach, peach, coffee, strawberry, chocolate and chocolate. The most popular flavors in the global bubble tea market are the chocolate flavor, original bubble tea flavor, and fruit flavor bubble tea. Rising consumption of tea and coffee as nootropic beverages among students and working-class residents is a major factor in the market's growth. Moreover, the fat-free contents and the lower calories of these drinks drive the demand further. The increasing popularity of different types of hot drinks is also likely to increase the demand for bubble tea, thus further increasing the market growth. 

Bubble Tea Market Report Coverage

The report: “Bubble Tea Market Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the Bubble Tea Market.
By Type: Black Tea, Green Tea, Oolong Tea, and White Tea.
By Flavor: Original, Chocolate, Coffee, Fruit, and others.
By Component: Creamer, Flavor, Liquid, Sweetener, Tapioca Pearls, and others.
By Geography: North America, Asia-Pacific, Europe, and Rest of World.

Key Takeaways

  • Geographically, the Asia-Pacific area is poised to see extraordinary development owing to the increasing demand for bubble tea, and rising urbanization in the region and is set to continue during forecast period 2020-2025.
  • The global demand for the Bubble Tea Market is changing lifestyles, increasing health concerns among individuals around the globe.
  • The availability of alternatives such as coffee and the increasing trend of coffee consumption are the factors estimated to restrain the market growth during the forecast period 2020-2025.
  • Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Bubble Tea Market report.

Bubble Tea Market Segment Analysis - By Type

The global Bubble Tea Market based on Type, can be further segmented into Black Tea, Green Tea, Oolong Tea, and White Tea. Black Tea segment registered for the highest revenue in 2019 and is estimated to grow at highest CAGR over the forecast years 2020-2025. This is owing to increasing preference by health-conscious consumer across the globe. Consumers are shifting towards organic and natural products, which is a key factor to drive this segment. However, green tea segment is set to grow with a fastest CAGR during the forecast period 2020-2025. This is owing to its long term energy inducing properties, which has a positive effect on the regulation of the body weight. 

Bubble Tea Market Segment Analysis - By Flavor 

The global Bubble Tea Market based on Mode of Application, can be further segmented into Original, Chocolate, Coffee, Fruit, and others. The Fruit flavor segment registered for highest revenue in 2019 and projected to grow at the highest CAGR during the forecast period 2020-2025 owing to the its high nutritional values, high consumer preference and the availability of various fruit flavors which includes mango, lychee, peach, passion fruit, strawberry, plum, banana, grape, avocado, lemon, kiwi, and others.

Bubble Tea Market Segment Analysis - By Geography 

The global Bubble Tea Market based on Geography, can be further segmented into North America, Asia-Pacific, Europe, and Rest of World. Asia-Pacific registered for the highest revenue in 2019 and is set to grow at highest CAGR over the forecast period 2020-2025 owing to the increasing demand for bubble tea in the region mostly among the young generation and rising urbanization in the region. However, North America is estimated to outpace all the regions by clocking the highest CAGR during the forecast period 2020-2025 owing to the growing popularity of tea-based fruity beverages in the region. Moreover, the consumers are shifting towards no and low-alcoholic beverages, which has further contributed to the growth of the market in the region. 

Bubble Tea Market Drivers

Increase in health concerns

The global Bubble Tea market is driven by the changing lifestyles, increasing health concerns among individuals, along with the various health benefits of bubble tea are among the major factors driving the growth of the global bubble tea market. In addition, the growing attraction of flavored beverages among children and adults, and increased product innovation by manufacturers to attract customers and broaden their customer base, are estimated to support the growth of the global bubble tea market over the forecast years 2020-2025. 

Bubble Tea Market Challenges 

Availability of alternatives

The addition of artificial Color and preservatives and the presence of an excessive amount of sugar is a major factor that is set to limit the growth of the global bubble tea market. Additionally, the availability of alternatives such as coffee and the increasing trend of coffee consumption is another factor that is estimated to challenge the growth of the global bubble tea market during the forecast period 2020-2025. 

Bubble Tea Market Industry outlook:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Bubble Tea Market. Key companies of this market ChaTime, Tiger Sugar Korea, Bubble Tea Supply Inc, Kung Fu Tea, Boba Loca, Happylemon, Lollicup USA, Inc, ShareTea, Gong Cha, CoCo Fresh, and T Bun International.

Acquisitions/Product Launches:

  • In April 2020, Bubble Tea Supply Inc announced the launch of bubble tea in its Bubble Tea Club of different flavors such as classic milk, mango, green apple, lychee, Thai tea, and Fruity flavor with honeydew, along with 14 different toppings flavors.
  • In June 2019, Secret Recipe announced its launch of series of bubble tea consisting of different flavors. The flavors include Boba milk tea, Boba signature fruit tea, Boba brown sugar with milk, and Boba midnight blue, and others.

1. Bubble Tea Market- Overview
    1.1 Definitions and Scope
2. Bubble Tea Market- Executive Summary
    2.1 Market Revenue, Market Size, and Key Trends
    2.2 Key trends by Type
    2.3 Key trends by Flavor
    2.4 Key trends by Component
    2.5 Key trends by Geography
3. Bubble Tea Market– Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Bubble Tea Market- Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Bubble Tea Market– Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Bubble Tea Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers 
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Bubble Tea Market– Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Bubble Tea Market- By Type (Market Size -$Million/$Billion)
    8.1 Black Tea
    8.2 Green Tea
    8.3 Oolong Tea
    8.4 White Tea
9. Bubble Tea Market– By Flavor (Market Size –$Million/$Billion)
    9.1 Original
    9.2 Chocolate
    9.3 Coffee
    9.4 Fruit
    9.5 Others
10. Bubble Tea Market– By Component (Market Size –$Million/$Billion)
    10.1 Creamer
    10.2 Flavour
    10.3 Liquid
    10.4 Sweetener
    10.5 Tapioca Pearls
    10.6 Others
11. Bubble Tea Market- By Geography (Market Size –$Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 U.K.
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 India
        11.3.3 Japan 
        11.3.4 South Korea
        11.3.5 Australia & New Zealand
        11.3.6 Rest of Asia-Pacific
    11.4 Rest of the World
        11.4.1 Middle East
        11.4.2 Africa
        11.4.3 South America
12. Bubble Tea Market- Entropy
13. Bubble Tea Market– Industry/Segment Competition Landscape Premium
    13.1 Market Share Analysis
        13.1.1 Global Market Share – Key Companies
        13.1.2 Market Share by Region – Key companies
        13.1.3 Market Share by Countries – Key Companies
        13.1.4 Best Practices for Companies
14. Bubble Tea Market– Key Company List by Country Premium Premium
15. Bubble Tea Market Company Analysis
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global BUBBLE TEA MARKET, BY BASE INGREDIENT Market 2019-2024 ($M)
1.1 Black Tea Market 2019-2024 ($M) - Global Industry Research
1.2 Green Tea Market 2019-2024 ($M) - Global Industry Research
1.3 Oolong Tea Market 2019-2024 ($M) - Global Industry Research
1.4 White Tea Market 2019-2024 ($M) - Global Industry Research
2.Global BUBBLE TEA MARKET, BY FLAVORS Market 2019-2024 ($M)
2.1 Original Flavor Market 2019-2024 ($M) - Global Industry Research
2.2 Coffee Flavor Market 2019-2024 ($M) - Global Industry Research
2.3 Fruit Flavor Market 2019-2024 ($M) - Global Industry Research
2.4 Chocolate Flavor Market 2019-2024 ($M) - Global Industry Research
3.Global BUBBLE TEA MARKET, BY COMPONENTS Market 2019-2024 ($M)
3.1 Flavor Market 2019-2024 ($M) - Global Industry Research
3.2 Creamer Market 2019-2024 ($M) - Global Industry Research
3.3 Sweetener Market 2019-2024 ($M) - Global Industry Research
3.4 Liquid Market 2019-2024 ($M) - Global Industry Research
3.5 Tapioca Pearls Market 2019-2024 ($M) - Global Industry Research
4.Global BUBBLE TEA MARKET, BY BASE INGREDIENT Market 2019-2024 (Volume/Units)
4.1 Black Tea Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Green Tea Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Oolong Tea Market 2019-2024 (Volume/Units) - Global Industry Research
4.4 White Tea Market 2019-2024 (Volume/Units) - Global Industry Research
5.Global BUBBLE TEA MARKET, BY FLAVORS Market 2019-2024 (Volume/Units)
5.1 Original Flavor Market 2019-2024 (Volume/Units) - Global Industry Research
5.2 Coffee Flavor Market 2019-2024 (Volume/Units) - Global Industry Research
5.3 Fruit Flavor Market 2019-2024 (Volume/Units) - Global Industry Research
5.4 Chocolate Flavor Market 2019-2024 (Volume/Units) - Global Industry Research
6.Global BUBBLE TEA MARKET, BY COMPONENTS Market 2019-2024 (Volume/Units)
6.1 Flavor Market 2019-2024 (Volume/Units) - Global Industry Research
6.2 Creamer Market 2019-2024 (Volume/Units) - Global Industry Research
6.3 Sweetener Market 2019-2024 (Volume/Units) - Global Industry Research
6.4 Liquid Market 2019-2024 (Volume/Units) - Global Industry Research
6.5 Tapioca Pearls Market 2019-2024 (Volume/Units) - Global Industry Research
7.North America BUBBLE TEA MARKET, BY BASE INGREDIENT Market 2019-2024 ($M)
7.1 Black Tea Market 2019-2024 ($M) - Regional Industry Research
7.2 Green Tea Market 2019-2024 ($M) - Regional Industry Research
7.3 Oolong Tea Market 2019-2024 ($M) - Regional Industry Research
7.4 White Tea Market 2019-2024 ($M) - Regional Industry Research
8.North America BUBBLE TEA MARKET, BY FLAVORS Market 2019-2024 ($M)
8.1 Original Flavor Market 2019-2024 ($M) - Regional Industry Research
8.2 Coffee Flavor Market 2019-2024 ($M) - Regional Industry Research
8.3 Fruit Flavor Market 2019-2024 ($M) - Regional Industry Research
8.4 Chocolate Flavor Market 2019-2024 ($M) - Regional Industry Research
9.North America BUBBLE TEA MARKET, BY COMPONENTS Market 2019-2024 ($M)
9.1 Flavor Market 2019-2024 ($M) - Regional Industry Research
9.2 Creamer Market 2019-2024 ($M) - Regional Industry Research
9.3 Sweetener Market 2019-2024 ($M) - Regional Industry Research
9.4 Liquid Market 2019-2024 ($M) - Regional Industry Research
9.5 Tapioca Pearls Market 2019-2024 ($M) - Regional Industry Research
10.South America BUBBLE TEA MARKET, BY BASE INGREDIENT Market 2019-2024 ($M)
10.1 Black Tea Market 2019-2024 ($M) - Regional Industry Research
10.2 Green Tea Market 2019-2024 ($M) - Regional Industry Research
10.3 Oolong Tea Market 2019-2024 ($M) - Regional Industry Research
10.4 White Tea Market 2019-2024 ($M) - Regional Industry Research
11.South America BUBBLE TEA MARKET, BY FLAVORS Market 2019-2024 ($M)
11.1 Original Flavor Market 2019-2024 ($M) - Regional Industry Research
11.2 Coffee Flavor Market 2019-2024 ($M) - Regional Industry Research
11.3 Fruit Flavor Market 2019-2024 ($M) - Regional Industry Research
11.4 Chocolate Flavor Market 2019-2024 ($M) - Regional Industry Research
12.South America BUBBLE TEA MARKET, BY COMPONENTS Market 2019-2024 ($M)
12.1 Flavor Market 2019-2024 ($M) - Regional Industry Research
12.2 Creamer Market 2019-2024 ($M) - Regional Industry Research
12.3 Sweetener Market 2019-2024 ($M) - Regional Industry Research
12.4 Liquid Market 2019-2024 ($M) - Regional Industry Research
12.5 Tapioca Pearls Market 2019-2024 ($M) - Regional Industry Research
13.Europe BUBBLE TEA MARKET, BY BASE INGREDIENT Market 2019-2024 ($M)
13.1 Black Tea Market 2019-2024 ($M) - Regional Industry Research
13.2 Green Tea Market 2019-2024 ($M) - Regional Industry Research
13.3 Oolong Tea Market 2019-2024 ($M) - Regional Industry Research
13.4 White Tea Market 2019-2024 ($M) - Regional Industry Research
14.Europe BUBBLE TEA MARKET, BY FLAVORS Market 2019-2024 ($M)
14.1 Original Flavor Market 2019-2024 ($M) - Regional Industry Research
14.2 Coffee Flavor Market 2019-2024 ($M) - Regional Industry Research
14.3 Fruit Flavor Market 2019-2024 ($M) - Regional Industry Research
14.4 Chocolate Flavor Market 2019-2024 ($M) - Regional Industry Research
15.Europe BUBBLE TEA MARKET, BY COMPONENTS Market 2019-2024 ($M)
15.1 Flavor Market 2019-2024 ($M) - Regional Industry Research
15.2 Creamer Market 2019-2024 ($M) - Regional Industry Research
15.3 Sweetener Market 2019-2024 ($M) - Regional Industry Research
15.4 Liquid Market 2019-2024 ($M) - Regional Industry Research
15.5 Tapioca Pearls Market 2019-2024 ($M) - Regional Industry Research
16.APAC BUBBLE TEA MARKET, BY BASE INGREDIENT Market 2019-2024 ($M)
16.1 Black Tea Market 2019-2024 ($M) - Regional Industry Research
16.2 Green Tea Market 2019-2024 ($M) - Regional Industry Research
16.3 Oolong Tea Market 2019-2024 ($M) - Regional Industry Research
16.4 White Tea Market 2019-2024 ($M) - Regional Industry Research
17.APAC BUBBLE TEA MARKET, BY FLAVORS Market 2019-2024 ($M)
17.1 Original Flavor Market 2019-2024 ($M) - Regional Industry Research
17.2 Coffee Flavor Market 2019-2024 ($M) - Regional Industry Research
17.3 Fruit Flavor Market 2019-2024 ($M) - Regional Industry Research
17.4 Chocolate Flavor Market 2019-2024 ($M) - Regional Industry Research
18.APAC BUBBLE TEA MARKET, BY COMPONENTS Market 2019-2024 ($M)
18.1 Flavor Market 2019-2024 ($M) - Regional Industry Research
18.2 Creamer Market 2019-2024 ($M) - Regional Industry Research
18.3 Sweetener Market 2019-2024 ($M) - Regional Industry Research
18.4 Liquid Market 2019-2024 ($M) - Regional Industry Research
18.5 Tapioca Pearls Market 2019-2024 ($M) - Regional Industry Research
19.MENA BUBBLE TEA MARKET, BY BASE INGREDIENT Market 2019-2024 ($M)
19.1 Black Tea Market 2019-2024 ($M) - Regional Industry Research
19.2 Green Tea Market 2019-2024 ($M) - Regional Industry Research
19.3 Oolong Tea Market 2019-2024 ($M) - Regional Industry Research
19.4 White Tea Market 2019-2024 ($M) - Regional Industry Research
20.MENA BUBBLE TEA MARKET, BY FLAVORS Market 2019-2024 ($M)
20.1 Original Flavor Market 2019-2024 ($M) - Regional Industry Research
20.2 Coffee Flavor Market 2019-2024 ($M) - Regional Industry Research
20.3 Fruit Flavor Market 2019-2024 ($M) - Regional Industry Research
20.4 Chocolate Flavor Market 2019-2024 ($M) - Regional Industry Research
21.MENA BUBBLE TEA MARKET, BY COMPONENTS Market 2019-2024 ($M)
21.1 Flavor Market 2019-2024 ($M) - Regional Industry Research
21.2 Creamer Market 2019-2024 ($M) - Regional Industry Research
21.3 Sweetener Market 2019-2024 ($M) - Regional Industry Research
21.4 Liquid Market 2019-2024 ($M) - Regional Industry Research
21.5 Tapioca Pearls Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Bubble Tea Market Revenue, 2019-2024 ($M)
2.Canada Bubble Tea Market Revenue, 2019-2024 ($M)
3.Mexico Bubble Tea Market Revenue, 2019-2024 ($M)
4.Brazil Bubble Tea Market Revenue, 2019-2024 ($M)
5.Argentina Bubble Tea Market Revenue, 2019-2024 ($M)
6.Peru Bubble Tea Market Revenue, 2019-2024 ($M)
7.Colombia Bubble Tea Market Revenue, 2019-2024 ($M)
8.Chile Bubble Tea Market Revenue, 2019-2024 ($M)
9.Rest of South America Bubble Tea Market Revenue, 2019-2024 ($M)
10.UK Bubble Tea Market Revenue, 2019-2024 ($M)
11.Germany Bubble Tea Market Revenue, 2019-2024 ($M)
12.France Bubble Tea Market Revenue, 2019-2024 ($M)
13.Italy Bubble Tea Market Revenue, 2019-2024 ($M)
14.Spain Bubble Tea Market Revenue, 2019-2024 ($M)
15.Rest of Europe Bubble Tea Market Revenue, 2019-2024 ($M)
16.China Bubble Tea Market Revenue, 2019-2024 ($M)
17.India Bubble Tea Market Revenue, 2019-2024 ($M)
18.Japan Bubble Tea Market Revenue, 2019-2024 ($M)
19.South Korea Bubble Tea Market Revenue, 2019-2024 ($M)
20.South Africa Bubble Tea Market Revenue, 2019-2024 ($M)
21.North America Bubble Tea By Application
22.South America Bubble Tea By Application
23.Europe Bubble Tea By Application
24.APAC Bubble Tea By Application
25.MENA Bubble Tea By Application