Global Bubble Tea Market -2019-2026

Report ID :
Pa81080
Category :
Food And Beverages
Publishing Date :
10-14-19
No. of Pages :
131
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BUBBLE TEA MARKET
The Global Bubble Tea Market is expected to grow at a CAGR of 5.8% to reach a market value of USD 3298 million by 2026.
Bubble tea is a Taiwanese recipe made by blending a tea base with milk, fruit and fruit juices, then adding the signature “bubbles” - tapioca pearls that sit at the bottom. These fruit or tea infusions can be served either piping hot or iced cold, making a ever-so-quirky drink and snack. Bubble tea is usually served in transparent cups with a fat straw so that - as you sip - the tapioca balls (also known as “pearls” or “boba”) come shooting up it and can be chewed as you swallow down the liquid. It’s called bubble tea both because of the tapioca balls, and the floating “bubbles” created by the vigorous shaking involved in its blending.
Market Dynamics: Drivers, Restraints, Opportunities Challenges
The global Bubble Tea Market is primarily driven by health benefits that are associated with the bubble tea. The bubble tea with the base ingredients as green tea and black tea have various health benefits associated as reduced risk of cardiovascular disease, diabetes, arthritis and even cancer. This is due to the presence of polyphenols which have anti-inflammatory and antioxidant properties. Moreover, tea production rise in countries like China, India and others because of the increase in demand by the people as base ingredient in bubble tea.
With the increasing flavors options and innovative launches in the bubble tea is also driving the market for the forecast period. A few of the most common flavors preferred by users in bubble tea comprises of chocolate, passion fruit, honeydew, taro, plum, lychee, strawberry, ginger, coffee, peach, and mango.
For instance, in Japan, sushi shop chain Sushiro has collaborated with popular Taiwanese bubble tea chain Sharetea to create a boba milk tea that comes with glowing pearls, served up on Sushiro’s conveyor belts. This new beverage is called “Hikaru golden bubble tea”, and was launched on July 19, 2019.
However, due to use of Addition artificial preservatives & color and excess sugar in the bubble tea which is making it unhealthy. Hence, hampering the growth of Bubble Tea.
Key Segments:
Global Bubble Tea Market, By Base Ingredient Type:
• Black Tea
• Green Tea
• Others.
Black Tea has the dominant position in the Bubble Tea and is expected to retain its dominance in the forecasted period. However, due to high health benefits and less calories the market for green tea is going to increase with rapid rate in the forecast period. It is expected that Black Tea product will grow at a CAGR of ~6.3% during the forecast period.
Global Bubble Tea Market, By Distribution:
• Online
• Offline
In 2018, offline stores accounted for the largest share of total bubble tea sales. Online channels is gaining market prominence.

Geographical landscape
By geography, the global Bubble Tea Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and Middle East and Africa (MEA).
Asia-Pacific (APAC) holds the largest market share for Bubble Tea. Due to the population growth and the affordable drink with high health benefits is driving the market in the region. However, Europe is after APAC in terms of market share of Bubble Tea, increasing demand for healthy drinks because of awareness among people for the healthy food and drink.
Competition Landscape
Key players are adopting strategies such as investing in R&D, new product launches, expansion in distribution channels to stand out as strong competitors in the market. Global Bubble Tea is a competitive market with the presence of various global and regional players in the market. The major players include Bubble Tea House Company, Bobabox Limited, Cuppotee, and Fokus Inc. Other key players in the market include Gong Cha, Lollicup USA Inc., Sumo's (M) Sdn Bhd, Ten Ren's Tea Time, Troika JC.
In February 2019, Boba Box Limited introduces 14 new flavours in European market. And are confident enough to attract wide audience for the bubble tea market.
In July 2019, Secret Recipe Brand introduces New Boba Series. There will be a total of (8) different flavours in the Boba series which are: Boba Milk Tea, Boba Caramel Milk Tea, Boba Brown Sugar Milk Tea, Boba Brown Sugar with Milk, Boba Cham, Boba Kopi-C, Boba Midnight Blue and also Boba Signature Fruit Tea.

1. Global Bubble Tea Market Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Global Bubble Tea Market– Definition and Overview
3. Global Bubble Tea Market– Executive Summary
3.1. Market Snippet by Component
3.2. Market Snippet by Base Ingredient
3.3. Market Snippet by Region
4. Global Bubble Tea Market–Dynamics
4.1. Market Impacting Factors
4.1.1. Drivers
4.1.1.1. Health benefits associated with bubble tea
4.1.2. Restraints
4.1.2.1. Addition of artificial preservatives & color and excess sugar in the bubble tea
5. Global Bubble Tea Market– Industry Analysis
5.1. Porter's Five Forces Analysis
5.2. Supply Chain Analysis
5.3. Opportunity
5.4. Impact Analysis
6. Global Bubble Tea Market– By Component
6.1. Introduction
6.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Component
6.1.2. Market Attractiveness Index, By Component
6.2. Flavor*
6.2.1. Introduction
6.2.2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
6.3. Creamer
6.4. Sweetener
6.5. Tapioca balls and popping balls
6.6. Others
7. Global Bubble Tea Market– By Base Ingredient
7.1. Introduction
7.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Base Ingredient
7.1.2. Market Attractiveness Index, By Base Ingredient
7.2. Black tea*
7.2.1. Introduction
7.2.2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
7.3. Green tea
7.4. Others
8. Global Bubble Tea Market– By Region
8.1. Introduction
8.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
8.1.2. Market Attractiveness Index, By Region
8.2. North America
8.2.1. Introduction
8.2.2. Key Region-Specific Dynamics
8.2.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Component
8.2.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Base Ingredient
8.2.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
8.2.5.1. U.S.
8.2.5.2. Canada
8.2.5.3. Mexico
8.3. Europe
8.3.1. Introduction
8.3.2. Key Region-Specific Dynamics
8.3.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Component
8.3.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Base Ingredient
8.3.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
8.3.5.1. Germany
8.3.5.2. U.K.
8.3.5.3. France
8.3.5.4. Italy
8.3.5.5. Spain
8.3.5.6. Rest of Europe
8.4. South America
8.4.1. Introduction
8.4.2. Key Region-Specific Dynamics
8.4.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Component
8.4.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Base Ingredient
8.4.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
8.4.5.1. Brazil
8.4.5.2. Argentina
8.4.5.3. Rest of South America
8.5. Asia Pacific
8.5.1. Introduction
8.5.2. Key Region-Specific Dynamics
8.5.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Component
8.5.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Base Ingredient
8.5.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
8.5.5.1. China
8.5.5.2. India
8.5.5.3. Japan
8.5.5.4. Australia
8.5.5.5. Rest of Asia Pacific
8.6. Middle East and Africa
8.6.1. Introduction
8.6.2. Key Region-Specific Dynamics
8.6.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Component
8.6.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Base Ingredient
9. Global Bubble Tea Market – Competitive Landscape
9.1. Competitive Scenario
9.2. Market Positioning/Share Analysis
9.3. Mergers and Acquisitions Analysis
10. Global Bubble Tea Market – Company Profiles
10.1. The bubble tea company*
10.1.1. Company Overview
10.1.2. Raw Material Portfolio and Description
10.1.3. Key Highlights
10.1.4. Financial Overview
10.2. Bubble Tea House Company
10.3. Bobabox Limited
10.4. Cuppotee
10.5. Fokus Inc.
10.6. Gong Cha
10.7. Lollicup USA, Inc.
10.8. Sumo's (M) Sdn Bhd
10.9. Ten Ren's Tea Time
10.10. Troika JC
11. Global Bubble Tea Market – Premium Insights
12. Global Bubble Tea Market – DataM
12.1. Appendix
12.2. About Us and Services
12.3. Contact Us

List of Figures:
Figure 1. Global Bubble Tea Market Share (%) Outlook, Research Methodology
Figure 2. Global Bubble Tea Market Share (%) Overview, By Leading Segments, 2018
Figure 3. Global Bubble Tea Market Value Chain Analysis
Figure 4. Global Bubble Tea Market Size (US$ Mn) Outlook, Market Attractive Index Analysis, 2018 -2026
Figure 5. Global Bubble Tea Market Share (%) Outlook, By Component, 2018 & 2026
Figure 6. Global Bubble Tea Market Size (US$ Mn) Outlook, By Component, 2018 - 2026
Figure 7. Global Bubble Tea Market Share (%) Outlook, By Base Ingredient 2018 & 2026
Figure 8. Global Bubble Tea Market Size (US$ Mn) Outlook, By Base Ingredient 2018 -2026
Figure 9. Global Bubble Tea Market Share (%) Outlook, By Geography , 2018 & 2026
Figure 10. Global Bubble Tea Market Size (US$ Mn) Outlook, By Geography, 2018 -2026
Figure 11. Global Bubble Tea Market Size (US$ Mn) Outlook, Market Attractive Index Analysis, 2018 -2026
Figure 12. North America Bubble Tea Market Size (US$ Mn) Outlook, 2018 -2026
Figure 13. North America Bubble Tea Market Size (US$ Mn) Outlook, By Component, 2018-2026
Figure 14. North America Bubble Tea Market Size (US$ Mn) Outlook, By Base Ingredient 2018-2026
Figure 15. North America Bubble Tea Market Size (US$ Mn) Outlook, By Countries, 2018-2026
Figure 16. Europe Bubble Tea Market Size (US$ Mn) Outlook, By Component, 2018-2026
Figure 17. Europe Bubble Tea Market Size (US$ Mn) Outlook, By Base Ingredient 2018-2026
Figure 18. Europe Bubble Tea Market Size (US$ Mn) Outlook, By Countries, 2018-2026
Figure 19. Asia Pacific Bubble Tea Market Size (US$ Mn) Outlook, By Component, 2018-2026
Figure 20. Asia Pacific Bubble Tea Market Size (US$ Mn) Outlook, By Base Ingredient 2018-2026
Figure 21. Asia Pacific Bubble Tea Market Size (US$ Mn) Outlook, By Countries, 2018-2026
Figure 22. Middle East and Africa Bubble Tea Market Size (US$ Mn) Outlook, By Component, 2018-2026
Figure 23. Middle East and Africa Bubble Tea Market Size (US$ Mn) Outlook, By Base Ingredient 2018-2026
Figure 24. Middle East and Africa Bubble Tea Market Size (US$ Mn) Outlook, By Countries, 2018-2026
Figure 25. South America Bubble Tea Market Size (US$ Mn) Outlook, By Component, 2018-2026
Figure 26. South America Bubble Tea Market Size (US$ Mn) Outlook, By Base Ingredient 2018-2026
Figure 27. South America Bubble Tea Market Size (US$ Mn) Outlook, By Countries, 2018-2026
Figure 28. Competition Landscape – Market Positioning