Bubble tea market pdf. Report ID: GVR-4-68038-601-1.
Bubble tea market pdf. 39 billion by 2027, exhibiting an augmented CAGR of 7. The Australia bubble tea market size was estimated at USD 59. Bubble Tea Bar: A bubble tea mobile bar or cart is the perfect way to start this business by moving among beach goers, county fair attendees, guests in a park, or anyone on the street. Market Analysis: Research and analysis of the bubble tea market, including market size, growth potential, competition, and consumer trends. 46 Bn in 2022, and the market is slated to increase at a high CAGR of 8. Oct 21, 2024 · The U. Share. It stood at USD 2. The bubble tea market is estimated to be valued at USD 3. 3% to reach a valuation of US$ 3. 8, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Bubble Tea Market by Flavor (Original Flavor, Coffee Flavor, Fruit Sep 22, 2020 · Top players covered in the bubble tea market growth report are Chatime Group (Taiwan, China), Bubble Tea Supply Inc. The USA Bubble Tea market is a dynamic ecosystem driven by evolving consumer preferences, technological advancements, and the emergence of innovative players. 26, 2021 (GLOBE NEWSWIRE) -- The global bubble tea market size is expected to reach USD 3. 6 billion Thailand has the highest bubble tea consumption on average compared to other regional peers. 2% from 2024 to 2030. 81 billion in 2024 and is projected to reach around USD 4. The market is anticipated to grow from USD 62. 12 billion in 2021 and is predicted to grow to around $7. 45 million in 2022 to USD 5,184. 29 million in 2023 to USD 750. 80% & expected USD 1,402. Bubble Tea Market Size and Trends. S. The Bubble Tea Market has experienced significant growth in recent years, driven by the increasing popularity of this unique beverage among consumers worldwide. Looking forward, IMARC Group expects the market to reach USD 5. Reports Description. 5% from 2024 to 2030. 4 Observations and Recommendations. 5% over the assessment period 2024 to 2034, from an expected USD 3,632. Mar 13, 2023 · Download full-text PDF Read full-text. Aug 8, 2024 · WILMINGTON, Del. The market is projected to grow from USD 464. 42 billion by 2030, registering a CAGR of 8. To learn more about this report, request sample copy The global bubble tea market size was valued USD 2. 4. e. A staple to the bubble tea experience is the bubbles (tapioca pearls). 82 billion by 2030. The report “Australia Bubble Tea Market Share, Size, Trends, Industry Analysis Report, By Product (White Tea, Green Tea, Oolong Tea and Black Tea); By Flavour (Coffee, Fruit, Taro, Classic, Strawberry); Segment Forecast, 2024 - 2032” gives a detailed Bubble Tea Market. 0 Billion by 2033, exhibiting a growth rate (CAGR) of 6. In terms of revenue, the global bubble tea market was estimated at roughly USD 2,890 million in 2023 and is predicted to attain a value of USD 6,120 million by 2032. Format: PDF, Horizon Databook. 07, 2023 (GLOBE NEWSWIRE) -- The Global Bubble Tea Market is valued at USD 2. It explores the macroeconomic and microeconomic factors affecting the market, industry regulations, and emerging market trends. Apart from the variety of flavors available, one of the primary elements fueling the expansion of bubble tea Industry is the health benefits. 9% from 2024 to 2033. 73 billion by 2032. U. 45 billion in 2024, and is projected to grow at a CAGR of 9. Feb 15, 2022 · Meanwhile, another bubble tea company, targeting on lower-end customers, had also planned for listing in China and was estimated to worth 20 billion CNY (Xu, 2021). 2 Factors Affecting Buying Decision. 94 million by 2029. 4 billion by 2033 from valued at $3. bubble tea market size was valued at USD 434. 50% between 2024 and 2032, to reach a value of around USD 5. 0 million $ in 2025, with a CAGR of xxx% between 2020-2025. The global bubble tea market size is expected to reach USD 5. Pune, India, June 28, 2022 (GLOBE NEWSWIRE) -- The global bubble tea market size is estimated to reach USD 3. Aug 8, 2024 · Allied Market Research published a report, titled, "Bubble Tea Market by Flavor (Original Flavor, Coffee Flavor, Fruit Flavor, Chocolate Flavor, Milk Flavor, and Others), Base Ingredient (Black Aug 16, 2022 · Bubble tea industry in Indonesia is the biggest in Southeast Asia with an annual turnover of $1. Jul 13, 2023 · PDF | p> Bubble Tea is one of the typical drinks of Taiwan, which has become known since the 1980s in Taichung, Taiwan. Key players often invest significantly in branding and advertising to differentiate themselves from competitors and establish themselves as market Global Bubble Tea Market Outlook. 50% between 2024 and 2032 reaching a value of approximate USD 5. Bubble Tea Market Size, Share & Trends Analysis Report By Type (Black Tea, Green Tea, Oolong Tea), By Flavor (Fruit, Taro, Strawberry, Classic, Coffee), By Region (Asia Pacific, North America), And Segment Forecasts, 2023 - 2030. The steadily growing market value of the bubble tea Bubble Tea Market growth at a CAGR of 4. In 2024, the market size is projected to reach a valuation of USD 450. Tealive was slowly growing day by day and the awareness among the citizen in Malaysia for the Tealive bubble tea brand also slowly increases. 02 billion in 2019 and is expected to Jun 28, 2022 · Pune, India, June 28, 2022 (GLOBE NEWSWIRE) -- The global bubble tea market size is estimated to reach USD 3. To learn more about this report, request sample copy Australia Bubble Tea Market Size & Trends. 3. 41 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 10. 2. 23 Bn by 2032. The australia bubble tea market size is expected to reach USD 131. Read more about this report - REQUEST FREE SAMPLE COPY IN PDF. 1 billion in 2023, growing at a CAGR of 5. In your first year or two, you could sell 100 bubble teas per day, bringing in $220,000 in annual revenue. Bubble tea, also known as boba tea or pearl milk tea, originated in Taiwan in the 1980s and has since gained a strong foothold in various global markets. In addition to explaining the type of bubble tea business you will operate, the company overview needs to provide background on the business. 8 Billion in 2024. Bubble Tea Market Size & Trends. Oct 21, 2024 · Bubble Tea Market Size, Share & Industry Analysis, By Type (Black Tea, Green Tea, Oolong Tea, and White Tea), By Flavor (Original, Fruit, Chocolate, Coffee, and Others), and Regional Forecast, 2024-2032. 59 million by 2030, exhibiting a CAGR of 7. Oct 27, 2023 · The global bubble tea market share is segmented by base ingredient, flavors, component, and region. 3 billion by 2027 (Allied Market Research, 2020). Expert industry market research on the Bubble Tea Shops in the US (2014-2029). 27 billion in 2022 and it is expected to hit around USD 6 billion by 2031, growing at a CAGR of 6 % from 2023 to 2031. 4% from 2024 to 2033. To properly drink the bubbles, a thick bubble tea straw is required for the tapioca to easily flow through the straw. Along with this, the market is anticipated to grow at a CAGR of around 8. Market Overview The Global Bubble Tea Market size is expected to reach a market value of USD 2. Bubble tea contains tea, fruit or chocolate flavorings, tapioca pearls, and milk or cream. 74 billion in 2023, expected to reach USD 8. 02 billion in 2019 and is expected to Global Bubble Tea Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report - Segmented By Base Ingredient (Green Tea, Oolong Tea, Black Tea, And White Tea), Flavors (Coffee Flavor, Fruit Flavor, Original Flavor, Chocolate Flavor, And Others), Component (Tapioca Pearls, Creamer, Sweetener, Flavor, Liquid, And Others), And Region (North America, Europe, Asia Pacific, Latin America Mar 31, 2022 · The average price for bubble tea is $6. Report ID: GVR-4-68038-601-1. The rising popularity of green tea across the globe is expected to boost the ma TEALIVE MALAYSIA : GROWING BRAND IN BUBBLE TEA MARKET By: Vanessa Ellya Hilarion & Shafinaz Naim Tealive was considered as one of a famous brand among the list of bubble tea brand in Malaysia. The report aims to provide an overview of the bubble tea market with detailed market segmentation by type, flavor, distribution channel, and geography. 2% during the forecast period Aug 8, 2024 · WILMINGTON, Del. 75 billion by 2030. The black tea segment was the highest contributor to the market and is estimated to grow at a CAGR of 7. 2 Billion by 2028 at a CAGR (Compound Bubble Tea Market Outlook (2022-2032) Global consumption of bubble tea stood at around US$ 1. The interplay between supply chain management, marketing strategies, and product innovation shapes the competitive landscape and influences market trends. The market analysis of the Bubble Tea Market delves deeper into the market dynamics, focusing on factors such as market drivers, challenges, and opportunities. 1 billion in 2020, projected to increase at a CAGR of 6. Aided by the worldwide fondness for flavourful beverages and the escalating popularity of Asian culinary culture, the market is projected to further grow at a CAGR of 7. It is categorized as ingredients, flavours and component. The global bubble tea market size reached a value of approximately USD 3 billion in 2023. Market Insights & Analysis: Global Bubble Tea Market (2025-30) The Global Bubble Tea Market size was valued at around USD 2. Expected growth can be attributed to the continuously growing demand for tea and coffee-based beverages as nootropic drinks by Market Overview. China Bubble Tea Market Size, Share, Growth Analysis, By Type(Black Tea, Green Tea, Oolong Tea, White Tea), By Flavor(Fruit Flavor, Original Flavor, Chocolate Flavor, Coffee Flavor), By Region/Country(Northern China, Southern China, Western China, Eastern China) - Industry Forecast 2024-2031 Market Dynamics. 4%. 8% during the forecast period 2021-2026. 9% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market is further expected to grow at a CAGR of 7. Sep 27, 2023 · The Bubble Tea market has witnessed remarkable revenue growth, escalating from USD 2,931. Currently, bubble tea is one of the beverage-drinking trends making waves throughout the world (Grand View Research, 2020). Bubble tea has become Feb 7, 2023 · WASHINGTON, Feb. SINGAPORE, 16 August 2022 Jul 12, 2023 · The case describes the relaunch of the popular bubble tea franchise Gong Cha in Singapore in December 2017. Your profit margin after rent, overhead, labor, and ingredients will be about 20%. According to the report, the global bubble tea market grew significantly in 2023. , Aug. The australia bubble tea market size was valued at USD 58. Download full-text PDF. 29 Bn in 2022 and is anticipated to reach USD 4. 1: Bubble tea market in Southeast Asia Bubble tea is a well-known drink menu in Asia and many people in Asia love to consume it. 7 Billion in 2021 and is projected to reach a value of USD 4. Expected growth can be attributed to unceasing demand for tea and coffee-based drinks nootropics in the working population of the country Figure 1. Southeast Asia currently spends US$3. Normal drink straws wont work. 6 million in 2034. Bubble Tea Market Size, Share & Trends Analysis Report By Type (Black Tea, Green Tea, Oolong Tea), By Flavour (Fruit, Taro, Strawberry, Classic, Coffee), And Segment Forecasts, 2024 - 2030. Oct 1, 2023 · 3. 66 billion a year on bubble tea and similar ‘new tea’ drinks, according to this study jointly conducted by Momentum Works and qlub (a leading F&B check out solution provider). 1 billion in 2021 and is expected to reach $2. market, but Bubble Tea became one of the most popular drinks representing . 39 Bn by 2031, expanding at a CAGR of 7. 7% during the forecast The global bubble tea market size was evaluated at USD 3. 11 million in 2022. Oct 21, 2024 · Bubble Tea Market Size, Share & Industry Analysis, By Type (Black Tea, Green Tea, Oolong Tea, and White Tea), By Flavor (Original, Fruit, Chocolate, Coffee, and Others), and Regional Forecast, 2024-2032 Bubble Tea Market Size and Trends. 1 Million. Last Updated: October 21, 2024 | Format: PDF | Report ID: FBI101564. Meaning Purpose: Although the bubble tea market has been growing rapidly in recent years, not many studies have been conducted to understand why consumers revisit bubble tea stores. Kang Puay Seng, the new franchisee, had the advantage of a large loyal customer base waiting for Gong Cha's return, but also faced the challenge of Oct 31, 2024 · Bubble Food & Beverages Market by Product (Bubble Tea, Desserts, Fruit Beverages), Source Product (Bursting Bubble, Tapioca-Based), Distribution Channel - Global Forecast 2025-2030 - The Bubble Food & Beverages Market was valued at USD 7. Market share analysis in the Europe bubble tea market is influenced by several factors, including brand reputation, product quality, distribution networks, pricing strategies, and customer service. Report ID: GVR-4-68040-214-8. 8 billion in 2024 which will further grow to USD 5. March 2023 | Report Format: Electronic (PDF) Bubble Tea Market Growth & Trends. Bubble Tea Market Size: The global bubble tea market size reached USD 2. The U. 26 Billion in 2024 and is expected to reach USD 5. 02 billion in 2019 and is expected to Oct 18, 2022 · The bubble tea market was valued at $1. (Hawaii, United States), Gong Cha (Taiwan, China), CoCo Fresh Tea & Juice Bubble Tea Market Outlook (2024 to 2034) Global bubble tea sales are expected to grow at a (CAGR) of 9. bubble tea market size was estimated at USD 953. As per the current market research conducted by the CMI Team, the India Bubble Tea Market is expected to record a CAGR of 8. Chapter 5: Malaysia Bubble Tea Market: Type Estimates and Trend Analysis Description. Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts. the global Bubble Tea market size will reach 16180. 99 million by 2032, exhibiting the CAGR of 9. The business behind Southeast Asia’s favorite drink. 13% during 2025-2033. 7% during the forecast period Global bubble tea market is projected to reach $5. Milk Tea Market Size, Share, Growth, and Industry Analysis, By Type (Bagged Product, Disposable Paper Cups Products, Other), By Application (Tea Shop, The Mall, Retail Store, Other) and Regional Forecast to 2032 Jan 1, 2020 · PDF | On Jan 1, 2020, Kyra Law and others published Consumer Purchase Decision in Buying Bubble Tea in Klang Valley Among Younger Generations | Find, read and cite all the research you need on . 75 billion by 2028, growing at a CAGR of 14%. Chapter 4: Consumer Behavior Analysis. 21 billion by 2030. When we narrow the scope of the bubble tea market in Southeast Asia, Indonesia and Thailand are the largest bubble tea market Thailand has the second largest market with an annual turnover of $749 million. 11% during the forecast period, i. 8, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Bubble Tea Market by Flavor (Original Flavor, Coffee Flavor, Fruit Jun 28, 2022 · Pune, India, June 28, 2022 (GLOBE NEWSWIRE) -- The global bubble tea market size is estimated to reach USD 3. In 2019, the global bubble tea industry achieved a market value of USD 2. 1 Consumer Trends and Preferences. 39 billion USD by the end of 2027 (Fortune Business Insights, 2019). 39 billion by the end of 2027. The bubble tea market worldwide was 2. 36 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 9. 10% during the forecast period. 53 million in 2030. 4 million in 2024 to a projected USD 8,887. By base ingredient, the global bubble tea market share is divided into black tea, green tea, oolong tea, and white tea. 4 billion and is predicted to rise to USD 4. Bubble Tea Market size was estimated at $2. 87 Billion by 2031, exhibiting a compound annual growth rate (CAGR) of 8. Read full-text this paper takes the sales of milk tea market as an example to analyze the marketing strategy of milk tea shop Expert industry market research on the Bubble Tea Shops in Australia (2013-2028). One side of the bubble tea straw is angled to allow users to pierce through a plastic cup seal. 90 million in 2024 to USD 131. 63%, to USD 14. 6 Roadmap of Malaysia Bubble Tea Market. This was seven months after its 80 outlets were converted, within a week, into a new chain named LiHO TEA by the former Gong Cha franchisee. 01% during the forecast period 2022-2030. , 2025-30. 99 million by 2032, according to a new study by Polaris Market Research. As per the analysis shared by our research analyst, the global bubble tea market is expected to grow annually at a promising CAGR of around 9. Oct 26, 2021 · Pune, India, Oct. 8 billion by 2033 at a CAGR of 8. 7 Market Entry Strategies. MARKET SCOPE The "Global Bubble Tea Market Analysis to 2031" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The global bubble tea market is experiencing dynamic growth across various regions, driven by cultural preferences, innovative flavors, and increasing health consciousness. 8% from 2024 to 2031. Business Description: Detailed information about the bubble tea business, including its name, legal structure, location, target market, and unique selling proposition. Despite good product gross margin across the industry (60-70%), few players have managed continuous profitability at a large scale. 8 Impact of COVID-19. 3 Consumer Type Adoption. Number of Report Pages: 80. 20 billion USD in 2019 and is predicted to reach 3. 51% during 2023-2031. In terms of revenue, the global bubble tea market was worth around $3. This Report covers the manufacturers’ data, including: shipment, price, revenue, gross March 2023 | Report Format: Electronic (PDF) Bubble Tea Market Growth & Trends. 71 million in 2023. cerhinc ffcnd xmplj dlcrfq pfj tpuswto mkkm yph bnyqt fodxv