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.
Get a PDF Sample Copy on Global Bubble Tea Market Research Report @ https://mrsreports.com/request-sample/81080
Global Bubble Tea Market, By Base Ingredient Type:
• Black Tea
• Green Tea
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:
In 2018, offline stores accounted for the largest share of total bubble tea sales. Online channels is gaining market prominence.
By geography, the global Bubble Tea Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and Middle East and Africa (MEA).
Table of Content:
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
22.214.171.124. Health benefits associated with bubble tea
126.96.36.199. 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
5.4. Impact Analysis
6. Global Bubble Tea Market– By Component:
6.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Component
6.1.2. Market Attractiveness Index, By Component
6.2.2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
6.5. Tapioca balls and popping balls
7. Global Bubble Tea Market– By Base Ingredient:
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*
7.2.2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
7.3. Green tea
Access Full Report @ https://mrsreports.com/report/global-bubble-tea-market-2019-2026/81080
MRS Report Other Trending Reports:
World Bubble Tea Market Research Report 2023 (Covering USA, Europe, China, Japan, India and etc) @ https://www.ccsentinel.com/business/global-bubble-tea-market-outlook-competitive-landscape-major-key-players-research-methodology-demand-in-worldwide-bubble-tea-industry/
About MRS Reports:
To establish a brand, a business needs to set after acquiring thorough knowledge about each and every detail of the market. Well, this may sound a bit difficult for an individual, who has to focus on multiple things in the business, to step down in the market and study about every detail. Here, we come becoming a medium of insights for you. Market Research Solution researches about the verticals and analyses every detail that may relate to your requirements and your business. We bring the reports to help you with the details about your industry in a manner that suffices all your necessities and answers all your queries related to the vertical you choose to work in.
We understand your conditions of studying about the gestation of technology, transformations in the economy, with the progress of the significant divisions of the market and we present to you those reports showcasing answers to all your concerns. Our researchers and analyse about diversified industry verticals to prepare an exhaustive report so that you can decide the next step by analysing its profitability. Here’s a glimpse at what you can attain from partnering with us as your market research solution providers.