Global Bubble Tea Market 2023-2027

Description

List of Tables

Technavio has been monitoring the bubble tea market and it is poised to grow by $1226.22 million during 2023-2027, accelerating at a CAGR of 7.5% during the forecast period. Our report on the bubble tea market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising accessibility and availability through organized retailing, growing tea cafe culture, and the health benefits of bubble tea.

Technavio's bubble tea market is segmented as below:

By Product

Black tea
Green tea
Others

By Flavor

Fruit flavor
Chocolate flavor
Coffee Flavor
Others

By Geographical Landscape

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the introduction of new flavors as one of the prime reasons driving the bubble tea market growth during the next few years. Also, the development of bubble tea-infused dishes and the advent of liquor-based bubble tea beverages will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the bubble tea market covers the following areas:

Bubble tea market sizing
Bubble tea market forecast
Bubble tea market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bubble tea market vendors that include Boba Box, Boba Tea Direct, BossenStore.com, Bubble Tea House Co., Bubble Tea Supply, Chen En Food Product Enterprise Co. Ltd., Empire Eagle Food Co. Ltd., Europe BoBoQ GmbH, Fanale Drinks, Fokus Inc., HUEY-YUHE ENTERPRISE CO. LTD, Karat by Lollicup, KRISHNA FOOD INDIA, Possmei international Co. Ltd., Sumos (M) Sdn Bhd., Sunnysyrup Food Co. Ltd., Sunwide Bubble Tea, Troika JC, and Yen Chuan International Co. Ltd. Also, the bubble tea market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR70533

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Flavor
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global bubble tea market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global bubble tea market 2017 - 2021 ($ million)
4.2 Product Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Product Segment 2017 - 2021 ($ million)
4.3 Flavor Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Flavor Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments
Exhibit 30: Chart on Product - Market share 2022-2027 (%)
Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 Black tea - Market size and forecast 2022-2027
Exhibit 34: Chart on Black tea - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Black tea - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Black tea - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Black tea - Year-over-year growth 2022-2027 (%)
6.4 Green tea - Market size and forecast 2022-2027
Exhibit 38: Chart on Green tea - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Green tea - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Green tea - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Green tea - Year-over-year growth 2022-2027 (%)
6.5 Others - Market size and forecast 2022-2027
Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Product
Exhibit 46: Market opportunity by Product ($ million)

7 Market Segmentation by Flavor

7.1 Market segments
Exhibit 47: Chart on Flavor - Market share 2022-2027 (%)
Exhibit 48: Data Table on Flavor - Market share 2022-2027 (%)
7.2 Comparison by Flavor
Exhibit 49: Chart on Comparison by Flavor
Exhibit 50: Data Table on Comparison by Flavor
7.3 Fruit flavor - Market size and forecast 2022-2027
Exhibit 51: Chart on Fruit flavor - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Fruit flavor - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Fruit flavor - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Fruit flavor - Year-over-year growth 2022-2027 (%)
7.4 Chocolate flavor - Market size and forecast 2022-2027
Exhibit 55: Chart on Chocolate flavor - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on Chocolate flavor - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on Chocolate flavor - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Chocolate flavor - Year-over-year growth 2022-2027 (%)
7.5 Coffee Flavor - Market size and forecast 2022-2027
Exhibit 59: Chart on Coffee Flavor - Market size and forecast 2022-2027 ($ million)
Exhibit 60: Data Table on Coffee Flavor - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Chart on Coffee Flavor - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Coffee Flavor - Year-over-year growth 2022-2027 (%)
7.6 Others - Market size and forecast 2022-2027
Exhibit 63: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Others - Year-over-year growth 2022-2027 (%)
7.7 Market opportunity by Flavor
Exhibit 67: Market opportunity by Flavor ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 69: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 70: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 71: Chart on Geographic comparison
Exhibit 72: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 North America - Market size and forecast 2022-2027
Exhibit 81: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 Taiwan - Market size and forecast 2022-2027
Exhibit 97: Chart on Taiwan - Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on Taiwan - Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on Taiwan - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on Taiwan - Year-over-year growth 2022-2027 (%)
9.10 UK - Market size and forecast 2022-2027
Exhibit 101: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 102: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 103: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.11 US - Market size and forecast 2022-2027
Exhibit 105: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 106: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 107: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on US - Year-over-year growth 2022-2027 (%)
9.12 Germany - Market size and forecast 2022-2027
Exhibit 109: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 110: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 111: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 112: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 113: Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 114: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 115: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 116: Overview on factors of disruption
11.4 Industry risks
Exhibit 117: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 118: Vendors covered
12.2 Market positioning of vendors
Exhibit 119: Matrix on vendor position and classification
12.3 Boba Box
Exhibit 120: Boba Box - Overview
Exhibit 121: Boba Box - Product / Service
Exhibit 122: Boba Box - Key offerings
12.4 Boba Tea Direct
Exhibit 123: Boba Tea Direct - Overview
Exhibit 124: Boba Tea Direct - Product / Service
Exhibit 125: Boba Tea Direct - Key offerings
12.5 BossenStore.com
Exhibit 126: BossenStore.com - Overview
Exhibit 127: BossenStore.com - Product / Service
Exhibit 128: BossenStore.com - Key offerings
12.6 Bubble Tea House Co.
Exhibit 129: Bubble Tea House Co. - Overview
Exhibit 130: Bubble Tea House Co. - Product / Service
Exhibit 131: Bubble Tea House Co. - Key offerings
12.7 Bubble Tea Supply
Exhibit 132: Bubble Tea Supply - Overview
Exhibit 133: Bubble Tea Supply - Product / Service
Exhibit 134: Bubble Tea Supply - Key offerings
12.8 Chen En Food Product Enterprise Co. Ltd.
Exhibit 135: Chen En Food Product Enterprise Co. Ltd. - Overview
Exhibit 136: Chen En Food Product Enterprise Co. Ltd. - Product / Service
Exhibit 137: Chen En Food Product Enterprise Co. Ltd. - Key news
Exhibit 138: Chen En Food Product Enterprise Co. Ltd. - Key offerings
12.9 Empire Eagle Food Co. Ltd.
Exhibit 139: Empire Eagle Food Co. Ltd. - Overview
Exhibit 140: Empire Eagle Food Co. Ltd. - Product / Service
Exhibit 141: Empire Eagle Food Co. Ltd. - Key offerings
12.10 Europe BoBoQ GmbH
Exhibit 142: Europe BoBoQ GmbH - Overview
Exhibit 143: Europe BoBoQ GmbH - Product / Service
Exhibit 144: Europe BoBoQ GmbH - Key offerings
12.11 Fanale Drinks
Exhibit 145: Fanale Drinks - Overview
Exhibit 146: Fanale Drinks - Product / Service
Exhibit 147: Fanale Drinks - Key offerings
12.12 Fokus Inc.
Exhibit 148: Fokus Inc. - Overview
Exhibit 149: Fokus Inc. - Product / Service
Exhibit 150: Fokus Inc. - Key offerings
12.13 HUEY-YUHE ENTERPRISE CO. LTD
Exhibit 151: HUEY-YUHE ENTERPRISE CO. LTD - Overview
Exhibit 152: HUEY-YUHE ENTERPRISE CO. LTD - Product / Service
Exhibit 153: HUEY-YUHE ENTERPRISE CO. LTD - Key offerings
12.14 Karat by Lollicup
Exhibit 154: Karat by Lollicup - Overview
Exhibit 155: Karat by Lollicup - Product / Service
Exhibit 156: Karat by Lollicup - Key offerings
12.15 Possmei international Co. Ltd.
Exhibit 157: Possmei international Co. Ltd. - Overview
Exhibit 158: Possmei international Co. Ltd. - Product / Service
Exhibit 159: Possmei international Co. Ltd. - Key offerings
12.16 Sumos (M) Sdn Bhd.
Exhibit 160: Sumos (M) Sdn Bhd. - Overview
Exhibit 161: Sumos (M) Sdn Bhd. - Product / Service
Exhibit 162: Sumos (M) Sdn Bhd. - Key offerings
12.17 Troika JC
Exhibit 163: Troika JC - Overview
Exhibit 164: Troika JC - Product / Service
Exhibit 165: Troika JC - Key news
Exhibit 166: Troika JC - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 167: Inclusions checklist
Exhibit 168: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 169: Currency conversion rates for US$
13.4 Research methodology
Exhibit 170: Research methodology
Exhibit 171: Validation techniques employed for market sizing
Exhibit 172: Information sources
13.5 List of abbreviations
Exhibit 173: List of abbreviations