According to a market report by Lucintel, the future of the global bubble tea market looks promising with opportunities in the black tea, green tea, oolong tea, and white tea markets. The global bubble tea market is expected to grow with a CAGR of 6.0% from 2024 to 2030. The major drivers for this market are rise in the amount of tea and coffee consumed by working-class and student populations as nootropic beverages, growing health consciousness among population, as well as, changing consumer preferences globally.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in bubble tea market to 2030 by flavor (original flavor, coffee flavor, fruit flavor, chocolate flavor, and others), base ingredient (black tea, green tea, oolong tea, and white tea), component (flavor, creamer, sweetener, liquid, tapioca pearls, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, original flavor, coffee flavor, fruit flavor, and chocolate flavor are the major segments of bubble tea market by flavor. Lucintel forecasts that fruit flavor is expected to witness the highest growth over the forecast period due to shift in consumer preference towards nutritious drinks and enhanced flavor.
Within this market, black tea is expected to witness the highest growth due to increase in the popularity of bubble tea with black tea.
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North America is expected to witness highest growth over the forecast period due to increase in awareness regarding healthy lifestyle and higher adoption of healthy beverages in the region.
Boba Box Limited, Sumo's, Tbaar, TP Tea, Bubble Tea House Company, KF Tea Franchising, and Cuppo Tee Company Limited are the major suppliers in the bubble tea market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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