According to our (Global Info Research) latest study, the global Boba Tea market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Boba Tea is a tea-based drink that originated in Taiwan in the early 1980s.Taiwanese immigrants brought it to the United States in the 1990s, initially in California through regions like Los Angeles County,but the drink has also spread to other countries where there is a large East Asian diaspora population.Bubble tea most commonly consists of tea accompanied by chewy tapioca balls ("boba" or "pearls"), but it can be made with other toppings as well, such as grass jelly, aloe vera, red bean, or popping boba. It has many varieties and flavors, but the two most popular varieties are pearl black milk tea and pearl green milk tea ("pearl" signifies the tapioca balls at the bottom).
This report is a detailed and comprehensive analysis for global Boba Tea market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Boba Tea market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Boba Tea market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Boba Tea market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Boba Tea market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Boba Tea
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Boba Tea market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Gong Cha, Chatime, TIGER SUGAR, Kung Fu Tea and Boba Guys, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Boba Tea market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Classic/Original
Fruit Flavored
Other Flavors
Market segment by Application
Shopping Mall
School
Community
Other
Major players covered
Gong Cha
Chatime
TIGER SUGAR
Kung Fu Tea
Boba Guys
Sharetea
Happy Lemon
CoCo Fresh Tea&Juice
Vivi Bubble Tea
The Alley
Xing Fu Tang
Bubbles Tea&Juice Company
Brew Tea Bar
KokeeTea
T4
Miu's Tea
Bubbleology
OneZo
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Boba Tea product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Boba Tea, with price, sales, revenue and global market share of Boba Tea from 2018 to 2023.
Chapter 3, the Boba Tea competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Boba Tea breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Boba Tea market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Boba Tea.
Chapter 14 and 15, to describe Boba Tea sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Boba Tea. Industry analysis & Market Report on Boba Tea is a syndicated market report, published as Global Boba Tea Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Boba Tea market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.