India Bubble Tea Market, By Base Ingredient ; By Flavor ; By Component ; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2029

List of Tables

India Bubble Tea Market Set to Boom at Significant CAGR of 14.6% during 2023-2029

India bubble tea market is flourishing because of growing availability of wide range of products, increasing health benefits associated with bubbles tea, low price of bubbles tea, and expanding retail market.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects India bubble tea market size to expand at a significant CAGR of 14.6% during the forecast period between 2023 and 2029. The expansion of India bubble tea market is driven by increasing demand for tea and coffee among students and working-class population owing to its cognitive enhancing abilities as well as growing health awareness about beverages containing zero fat and low-calorie contents. Increased health benefits from the beverage's different constituents, such as green and black tea bases and tapioca, as well as cost-effective pricing. Dr. Bubbles, a native bubble tea franchise, is at the forefront of the movement in India. Bubble tea, which originated in Taiwan, is a popular flavored beverage that contains tea as the primary ingredient. Boba are soft, chewy, and gummy tapioca pearls produced from cassava root that are drizzled over bubble tea. Moreover, the growing popularity of bubble tea due to distinct taste, available in various flavors such as mango, peach, and others and customized using syrups which is also expected to increase demand for bubble tea, boosting the market growth. However, increasing preference for other caffeinated beverages and stringent environmental regulations are anticipated to limit the growth of India bubble tea market during the forecast period.

India Bubble Tea Market - Overview

Bubble tea is a Taiwanese tea-based beverage and referred as pearl milk tea or boba juice. Usually, the bubble tea recipes include a tea base mixed with organic product or milk, which is then topped with chewy custard balls (also commonly known as air pockets, pearls, or boba) and organic product jam. Ice-mixed forms are often blended with organic product or syrup to create a slushy texture. There are numerous varieties of the beverage with various ingredients. The two most popular combinations are bubble milk tea with custard and air pocket milk green tea with custard. The air pockets or pearls are tapioca balls derived from cassava root that contains vitamin C and calcium. India bubble tea market is expanding rapidly as the demand of bubble tea grows due to its plethora of health benefits and delectable taste. Along with antioxidants, bubble tea provides strength to the body due presence of milk, which is an excellent source of calcium and helps to strengthen bones. As it contains carbs, bubble tea is the principal source of energy for human brain and cardiovascular muscles. The beverage contains caffeine, which is an effective stress reliever since it relaxes the body's stiff muscles. Bubble tea functions as an immune booster due to its high antioxidant content, which prevents the accumulation of oxidative stress.

India Bubble Tea Market - Opportunities

The introduction of new bubble tea tastes, such as banana, apple, kiwi, lychee, and watermelon, are expected to provide huge market growth prospects. The introduction of exotic fruit flavors, such as avocado, coconut, grape, green apple, lemon, jackfruit, plum, and passion fruit, is expected to provide significant market growth prospects. Toppings such as cookie crumbs, red bean, ice cream, fresh fruit, and cheese cream, can also be added to the bubble tea. Additionally, there are numerous pudding flavoring options available, including barley, caramel, taro, chocolate, mocha, sesame, lavender, and rose. Therefore, all these factors are predicted to all these factors are expected to provide major development prospects in the coming years.

Impact of COVID-19 on India Bubble Tea Market

The COVID-19 had detrimental impact on most of the industries including the bubble tea market, due to imposition of stringent lockdown norms worldwide, travel and import-export ban, resulting in economic consequences. In addition, the supply chain disruptions have led to manufacturing process delay due to shortage or non-availability of raw materials. The lockdown regulations have jeopardized the livelihoods of millions of small tea farmers worldwide. The closure of cafes, restaurants, farms, and production units to maintain social distancing measures resulted in a reduction of supply and demand as well as travel restrictions and labor scarcity hindered the growth of India bubble tea market. However, an increasing government focus to expand the bubble tea industry worldwide are assisting the market's recovery. In addition, for the development of the products, market key players employed new safety precautions. The online distribution channel is changing people's purchase behavior providing benefits, such as easy payment methods, a wide range of products, doorstep delivery, and heavy discounts, which aided in market growth during the pandemic and will further accelerate growth in the post-pandemic situation.

India Bubble Tea Market - By Flavor

Based on flavor, India bubble tea market is divided into Original Flavor, Coffee Flavor, Fruit Flavor, and Chocolate Flavor segment. The fruit flavor segment is predicted to lead the market during the forecast period. The availability of different fruit tastes, such as strawberry, passion fruit, mango, pineapple, cantaloupe, watermelon, avocado, coconut, grape, lychee, peach, honeydew, kiwi, and banana, is the primary reason driving category expansion. The chocolate flavor segment is expected to hold the second highest place. The chocolate flavor bubble tea is becoming highly popular in which chocolate powder is combined with tea to enhance the taste; it can also be served with ice. Adding chocolate flavor to tea has many health benefits, such as increasing the functioning of brain and alleviating physical tension. The chocolate flavor bubble tea lowers the risk of heart disease and free radical generation, increasing cellular health and avoiding several types of cancer. These advantages are expected to boost the expansion of the chocolate taste sub-segment throughout the forecast period.

Competitive Landscape

India bubble tea market is fiercely competitive with Coco fresh Tea & Juice, ChaTime Group, Bubble Tea Supply Inc, Ten Ren's Tea Time, Mongoose - Asian Bubble Bar, The Boba Place, Dr Bubbles, Got Tea, Cha Bar, Chai Lelo - Chai, Snacks & More, Burma Burma, Boba Tree, and Tea Trails. To further enhance their market share, these players are primarily focused on the development of innovative and efficient products, new product releases, mergers and acquisitions, collaborations, partnerships, and joint ventures.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India Bubble Tea Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Bubble Tea Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC22625

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. India Bubble Tea Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Availability of wide range of Products
  - 3.2.1.2. Health Benefits associated with Bubbles Tea
  - 3.2.1.3. Low Price of Bubbles Tea
  - 3.2.1.4. Expanding Retail Market
- 3.2.2. Restraints
  - 3.2.2.1. Availability of other Caffeinated Drinks
  - 3.2.2.2. Growth in coffee consumption
  - 3.2.2.3. Stringent Environmental Regulations
  - 3.2.2.4. High Setup Costs
- 3.2.3. Opportunities
  - 3.2.3.1. Rising Inclination of Customers towards Versatile Teas
  - 3.2.3.2. Consumer Shift towards healthy Alternatives
  - 3.2.3.3. Introduction of New Flavors
- 3.2.4. Challenges
  - 3.2.4.1. Negative Impact of COVID-19
3.3. Technology Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. India Bubble Tea Market Overview

4.1. Market Size & Forecast by Value, 2019-2029
- 4.1.1. By Value (USD Million)
4.2. Market Share & Forecast
- 4.2.1. By Base Ingredient
  - 4.2.1.1. Black Tea
  - 4.2.1.2. Green Tea
  - 4.2.1.3. Oolong Tea
  - 4.2.1.4. White Tea
- 4.2.2. By Flavor
  - 4.2.2.1. Original Flavor
  - 4.2.2.2. Coffee Flavor
  - 4.2.2.3. Fruit Flavor
  - 4.2.2.4. Chocolate Flavor
  - 4.2.2.5. Others
- 4.2.3. By Component
  - 4.2.3.1. Flavour
  - 4.2.3.2. Creamer
  - 4.2.3.3. Sweetener
  - 4.2.3.4. Liquid
  - 4.2.3.5. Tapioca Pearls
  - 4.2.3.6. Others
  - 4.2.3.7.
- 4.2.4. By Region
  - 4.2.4.1. North India
  - 4.2.4.2. South India
  - 4.2.4.3. East India
  - 4.2.4.4. West India

5. North India Bubble Tea Market

5.1.1. Market Size & Forecast by Value, 2019-2029
5.1.2. By Value (USD Million)

5.2. Market Share & Forecast
- 5.2.1. By Base Ingredient
- 5.2.2. By Flavor
- 5.2.3. By Component

6. South India Bubble Tea Market

6.1. Market Size & Forecast by Value, 2019-2029
- 6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
- 6.2.1. By Base Ingredient
- 6.2.2. By Flavor
- 6.2.3. By Component

7. East India Bubble Tea Market

7.1. Market Size & Forecast by Value, 2019-2029
- 7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
- 7.2.1. By Base Ingredient
- 7.2.2. By Flavor
- 7.2.3. By Component

8. West India Bubble Tea Market

8.1. Market Size & Forecast by Value, 2019-2029
- 8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
- 8.2.1. By Base Ingredient
- 8.2.2. By Flavor
- 8.2.3. By Component

9. Competitive Landscape

9.1. List of Key Players and Their Offerings
9.2. India Bubble Tea Company Market Share Analysis, 2022
9.3. Competitive Benchmarking, By Operating Parameters
9.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

10. Impact of Covid-19 on India Bubble Tea Market

11. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)

11.1. Coco fresh Tea & Juice
11.2. ChaTime Group
11.3. Bubble Tea Supply Inc
11.4. Ten Ren's Tea Time
11.5. Mongoose - Asian Bubble Bar
11.6. The Boba Place
11.7. Dr Bubbles
11.8. Got Tea
11.9. Cha Bar
11.10. Chai Lelo-Chai, Snacks & More
11.11. Burma
11.12. Boba Tree
11.13. Tea Trails
11.14. Other Prominent Players

12. Key Strategic Recommendations

13. Research Methodology

13.1. Qualitative Research
- 13.1.1. Primary & Secondary Research
13.2. Quantitative Research
13.3. Market Breakdown & Data Triangulation
- 13.3.1. Secondary Research
- 13.3.2. Primary Research
13.4. Breakdown of Primary Research Respondents, By Region
13.5. Assumptions & Limitations

*Financial information in case of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

List of Figure

Figure 1 India Bubble Tea Market Segmentation
Figure 2 India Bubble Tea Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 India Bubble Tea Market Size, By Value (USD Billion), 2019-2029
Figure 5 India Bubble Tea Market Share, By Base Ingredient, By Value, 2019-2029
Figure 6 India Bubble Tea Market Share, By Flavor, By Value, 2019-2029
Figure 7 India Bubble Tea Market Share, By Component, By Value, 2019-2029
Figure 8 North India Bubble Tea Market Size, By Value (USD Billion), 2019-2029
Figure 9 North India Bubble Tea Market Share, By Base Ingredient, By Value, 2019-2029
Figure 10 North India Bubble Tea Market Share, By Flavor, By Value, 2019-2029
Figure 11 North India Bubble Tea Market Share, By Component, By Value, 2019-2029
Figure 12 South India Bubble Tea Market Size, By Value (USD Billion), 2019-2029
Figure 13 South India Bubble Tea Market Share, By Base Ingredient, By Value, 2019-2029
Figure 14 South India Bubble Tea Market Share, By Flavor, By Value, 2019-2029
Figure 15 South India Bubble Tea Market Share, By Component, By Value, 2019-2029
Figure 16 East India Bubble Tea Market Size, By Value (USD Billion), 2019-2029
Figure 17 East India Bubble Tea Market Share, By Base Ingredient, By Value, 2019-2029
Figure 18 East India Bubble Tea Market Share, By Flavor, By Value, 2019-2029
Figure 19 East India Bubble Tea Market Share, By Component, By Value, 2019-2029
Figure 20 West India Bubble Tea Market Size, By Value (USD Billion), 2019-2029
Figure 21 West India Bubble Tea Market Share, By Base Ingredient, By Value, 2019-2029
Figure 22 West India Bubble Tea Market Share, By Flavor, By Value, 2019-2029
Figure 23 West India Bubble Tea Market Share, By Component, By Value, 2019-2029

Product Code: BWC22625

List of Tables

Table 1 India Bubble Tea Market Size, By Base Ingredient, By Value, 2019-2029
Table 2 India Bubble Tea Market Size, By Flavor, By Value, 2019-2029
Table 3 India Bubble Tea Market Size, By Component, By Value, 2019-2029
Table 4 North India Bubble Tea Market Size, By Base Ingredient, By Value, 2019-2029
Table 5 North India Bubble Tea Market Size, By Flavor, By Value, 2019-2029
Table 6 North India Bubble Tea Market Size, By Component, By Value, 2019-2029
Table 7 South India Bubble Tea Market Size, By Base Ingredient, By Value, 2019-2029
Table 8 South India Bubble Tea Market Size, By Flavor, By Value, 2019-2029
Table 9 South India Bubble Tea Market Size, By Component, By Value, 2019-2029
Table 10 East India Bubble Tea Market Size, By Base Ingredient, By Value, 2019-2029
Table 11 East India Bubble Tea Market Size, By Flavor, By Value, 2019-2029
Table 12 East India Bubble Tea Market Size, By Component, By Value, 2019-2029
Table 13 West India Bubble Tea Market Size, By Base Ingredient, By Value, 2019-2029
Table 14 West India Bubble Tea Market Size, By Flavor, By Value, 2019-2029
Table 15 West India Bubble Tea Market Size, By Component, By Value, 2019-2029
Table 16 Coco fresh Tea & Juice Company Overview
Table 17 Coco fresh Tea & Juice Financial Overview
Table 18 ChaTime Group Company Overview
Table 19 ChaTime Group Financial Overview
Table 20 Bubble Tea Supply Inc Company Overview
Table 21 Bubble Tea Supply Inc Financial Overview
Table 22 Ten Ren's Tea Time Company Overview
Table 23 Ten Ren's Tea Time Financial Overview
Table 24 Mongoose- Asian Bubble Bar Company Overview
Table 25 Mongoose- Asian Bubble Bar Financial Overview
Table 26 The Boba Place Company Overview
Table 27 The Boba Place Financial Overview
Table 28 Dr Bubbles Company Overview
Table 29 Dr Bubbles Financial Overview
Table 30 Got Tea Company Overview
Table 31 Got Tea Financial Overview
Table 32 Cha Bar Company Overview
Table 33 Cha Bar Financial Overview
Table 34 Chai Lelo-Chai, Snacks & More Company Overview
Table 35 Chai Lelo-Chai, Snacks & More Financial Overview
Table 36 Burma Burma Company Overview
Table 37 Burma Burma Financial Overview
Table 38 Boba Tree Company Overview
Table 39 Boba Tree Financial Overview
Table 40 Tea Trails Company Overview
Table 41 Tea Trails Financial Overview

India Bubble Tea Market, By Base Ingredient ; By Flavor ; By Component ; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2029

Description

Table of Contents

List of Tables

Table of Contents

1. Research Framework

2. Executive Summary

3. India Bubble Tea Market Insights

4. India Bubble Tea Market Overview

5. North India Bubble Tea Market

6. South India Bubble Tea Market

7. East India Bubble Tea Market

8. West India Bubble Tea Market

9. Competitive Landscape

10. Impact of Covid-19 on India Bubble Tea Market

11. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)

12. Key Strategic Recommendations

13. Research Methodology

List of Tables