BusinessIndustryInternational

Bubble Tea Market Will Register a 7.9% CAGR In Terms of Revenue with Kung Fu Tea, Gong Cha, Boba Guys, Chatime, ShareTea, 8tea5, Quickly, CoCo Fresh, VIVI BUBBLE TEA

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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.

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According to applications, Bubble Tea is spilt into Kids (<10 years), Teenagers (<25 years) and Adults. In 2017, Bubble Tea for Teenagers occupied more than 44.66% of total amount in 2017.

According to types, Bubble Tea is split into Original Flavored Bubble Tea, Fruit Flavored Bubble Tea and Other Flavors, most manufacturers in the report can supply all product. Original Flavored is the largest market with the share of 44.14% in 2017.

Major players that operate in Bubble Tea materials market are ,

  • Kung Fu Tea
  • Gong Cha
  • Boba Guys
  • Chatime
  • ShareTea
  • 8tea5
  • Quickly
  • CoCo Fresh
  • VIVI BUBBLE TEA

According to this study, over the next five years the Bubble Tea market will register a 7.9% CAGR in terms of revenue, the global market size will reach US$ 8460 million by 2024, from US$ 5370 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Bubble Tea business, shared in Chapter 3.

Bubble Tea Materials Product Outlook

  • Original Flavored Bubble Tea
  • Fruit Flavored Bubble Tea
  • Other Flavors

Bubble Tea Materials Application Outlook

  • Kids (<10 years)
  • Teenagers (<25 years)
  •    Adults

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This global market research report potentially presents you with plentiful insights and business solutions that will lend a hand to stay ahead of the competition. The report aids in establishing and optimizing each stage in the lifecycle of industrial process that includes engagement, acquisition, retention, and monetization. It consists of most-detailed market segmentation, systematic analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. All statistical and numerical data mentioned in the report is symbolized with the help of graphs and charts which eases the understanding of facts and figures.

Table Of Content

Section 1  Bubble Tea Definition

Section 2 Global  Bubble Tea Market Major Player Share and Market Overview

Section 3 Major Player  Bubble Tea Business Introduction

Section 4 Global  Bubble Tea Market Segmentation (Region Level)

Section 5 Global  Bubble Tea Market Segmentation (Type Level)

Section 7  Bubble Tea Market Forecast

Section 8  Bubble Tea Segmentation Type

Section 9  Bubble Tea Segmentation Industry

Section 10  Bubble Tea Cost Analysis

Section 11 Conclusion

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