Bubble Tea Market by Base Ingredient, Component, and Geography - Forecast and Analysis 2021-2025
- Published: Apr 2021
- Pages: 120
- SKU: IRTNTR70533
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The bubble tea market has the potential to grow by USD 941.72 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 6.51%.
This bubble tea market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by product (black tea, green tea, and others) and geography (APAC, Europe, North America, South America, and MEA). The bubble tea market report also offers information on several market vendors, including Boba Box Ltd., Chen En Food Product Enterprise Co. Ltd. , Empire Eagle Food Co. Ltd., Fanale Drinks, Fokus Inc., Grand Chainly Enterprises Co. Ltd., Huey-Yue Enterprise Co. Ltd., Lollicup USA Inc., Possmei international Co. Ltd., and Troika JC. among others.
What will the Bubble Tea Market Size be in 2021?
Browse TOC and LoE with selected illustrations and example pages of Bubble Tea Market
Bubble Tea Market: Key Drivers and Trends
The rising accessibility and availability through organized retailing is notably driving the bubble tea market growth, although factors such as price volatility of raw materials may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the bubble tea industry get your FREE report sample now.
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This bubble tea market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
Who are the Major Bubble Tea Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Boba Box Ltd.
- Chen En Food Product Enterprise Co. Ltd.
- Empire Eagle Food Co. Ltd.
- Fanale Drinks
- Fokus Inc.
- Grand Chainly Enterprises Co. Ltd.
- Huey-Yue Enterprise Co. Ltd.
- Lollicup USA Inc.
- Possmei international Co. Ltd.
- Troika JC.
The bubble tea market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the bubble tea market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Bubble Tea Market?
For more insights on the market share of various regions Request for a FREE sample now!
37% of the market’s growth will originate from APAC during the forecast period. China and Taiwan are the key markets for bubble tea in APAC. Market growth in this region will be slower than the growth of the market in Europe and North America.
High consumption of tea in countries such as India, Japan, and China will facilitate the bubble tea market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
What are the Revenue-generating Base Ingredient Segments in the Bubble Tea Market?
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The black tea segment was the largest segment of the global bubble tea market in 2020. The high consumption of black tea is expected to be a major factor driving the growth of the global bubble tea market as the consumption of black tea is expected to pose rapid growth during the forecast period.
Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the bubble tea market size.
What are the Key Factors Covered in this Bubble Tea Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive bubble tea market growth during the next five years
- Precise estimation of the bubble tea market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the bubble tea industry across APAC, Europe, North America, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of bubble tea market vendors
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Bubble Tea Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7% |
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Market growth 2021-2025 |
$ 941.72 million |
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Market structure |
Fragmented |
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YoY growth (%) |
5.57 |
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Regional analysis |
APAC, Europe, North America, South America, and MEA |
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Performing market contribution |
APAC at 37% |
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Key consumer countries |
China, Taiwan, UK, and US |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Boba Box Ltd., Chen En Food Product Enterprise Co. Ltd. , Empire Eagle Food Co. Ltd., Fanale Drinks, Fokus Inc., Grand Chainly Enterprises Co. Ltd., Huey-Yue Enterprise Co. Ltd., Lollicup USA Inc., Possmei international Co. Ltd., and Troika JC. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Component
- Flavor
- Creamer
- Sweetener
- Tapioca balls and popping balls
- Others
Market Segmentation by Base ingredient
- Market segments
- Comparison by Base ingredient
- Black tea - Market size and forecast 2020-2025
- Green tea - Market size and forecast 2020-2025
- Others - Market size and forecast 2020-2025
- Market opportunity by Base ingredient
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Boba Box Ltd.
- Chen En Food Product Enterprise Co. Ltd.
- Empire Eagle Food Co. Ltd.
- Fanale Drinks
- Fokus Inc.
- Grand Chainly Enterprises Co. Ltd.
- Huey-Yue Enterprise Co. Ltd.
- Lollicup USA Inc.
- Possmei international Co. Ltd.
- Troika JC.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Frequently Asked Questions?
- China
- Taiwan
- UK
- US
- Rising accessibility and availability through organized retailing
- Introduction of new flavors
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