The complete research study presented by Ample Market Research on Bubble Tea Market describing qualitative insights of the industry such as type, products, application and forecast details till 2025. This report gives a detailed and comprehensive understanding of Bubble Tea Market. With precise data covering all key aspects of the existing market, this report offers existing data of leading manufacturers. Understanding of the market condition by compliance of accurate historical data regarding each and every segment for the forecast period is mentioned. Leading factors affecting the growth of the market in a positive and negative perspective is examined and evaluated and projected in the report in detail. Insightful views and case studies from various industry experts help make the report more authentic.
Global bubble tea market is valued at approximately USD 1945.6 Million in 2017 and is anticipated to grow with a healthy growth rate of more than 8.5% over the forecast period 2018-2025. Global bubble tea market is market of tea which is primarily consumed flavored beverage consisting of tea as the basic component and chewy tapioca balls. The Bubble tea was precisely originated in Taiwan in the year of 1980 & later gained attention in other Asia-Pacific Countries as well. Basically, bubble tea is considered as brewed black tea or green tea which is precisely mixed with milk, sugar along with chewy tapioca pearls, and usually served cold with ice. Known by various names such as pearl milk tea, bubble milk tea, boba juice, boba tea, or simply bubble tea, refreshing flavored fruit teas and milk teas, served ice cold or piping hot, with cherry natural tapioca balls that you suck up through a big fat straw. Boba teas or bubble teas are usually of two categories based on their content, which are teas (without milk) and milk teas. These Type of tea come with various base which includes black, green, or oolong tea & in many flavors which includes both fruit and non-fruit. The Milk teas mainly include condensed milk, powdered milk, or fresh milk. Several boba shops are indulged in offering Asian style smoothies that include a dairy base along with fresh fruit or fruit-flavored powder (but no tea).
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Company profiled in this report based on Business overview, financial data, Product landscape, Strategic outlook & analysis Lollicup USA Inc, CuppoTee Company, Bubble Tea House Company, Boba Box Limited, Gong Cha USA, Troika JC, Fokus Inc, Kung Fu Tea
Bubble tea contain tapioca which is a good source of carbohydrates for quick energy. However, bubble tea does not have any potential health benefits as such. The bubble tea market is primarily driven due to cost-effective price considering the global scenario. However, the addition of artificial preservatives along with color & presence of excess sugar in bubble tea are acting as restraining factors considering the market growth. The emergence of new flavors of bubble tea & lowering demand for carbonated drinks pave way for opportunities for market expansion. Thus, number of fully dedicated outlets for bubble tea are increasing and gaining popularity.
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On the basis of segmentation, bubble tea market is segmented into end user and type. Based on the end-user segment the global bubble tea market is segmented into three major categories which includes, kids (<10 years), teenagers (<25 years) and adults (Above 25 years). The market is currently dominated by the adult segment with more than 61.82% revenue share in 2017. The segment is anticipated to dominate throughout the forecast period. The key reasons supporting the high demand from these segments are higher income levels of consumers under this age group and rapidly increasing demand for high energy drinks among adults. The teenagers segment is anticipated to witness highest growth over the forecast period.
Bubble Tea Market Segmentation by Product Type Original, Fruit Flavored, Others
Based on type, the global bubble tea market is divided into original flavor, fruit flavor, and others. The fruit flavor bubble tea segment dominates the global bubble tea market with 56.18% revenue share in 2016. High consumer preference for these types of bubble tea is due to their exotic taste flavors and high nutrition value. Fruit based bubble tea are much healthier than the original bubble tea. In addition to this it offers more diverse options to the customers and a possibility to reduce the added sugar content in the bubble tea making it healthier. Original bubble tea on the other hand have limited customization options and hence are lesser in demand. Other flavors such as coffee based, chocolate-based bubble teas are anticipated to grow over the forecast period.
Bubble Tea Market Segmentation by Region: North America, U.S., Canada, Europe, UK, Germany, Asia Pacific, China, India, Japan, Latin America, Brazil, Mexico, Rest of the World
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Strategic Points Covered in TOC
Chapter 1: Introduction, Key Trends, Global & Segment Market Estimates & Forecasts, market overview, and Methodology of the Bubble Tea market
Chapter 2: In this section, the report provides information related Definition & Scope, Industry Evolution, Scope of the Study, Years Considered for the Study and Currency Conversion Rates.
Chapter 3,4: it provides an industry Analysis, Cost Analysis, Value Chain Analysis, PEST Analysis that explores Market Drivers, Threat of New Entrants and Substitutes, Market Challenges and Opportunities.
Chapter 5,6: Presenting Bubble Tea market by Type, by Application, market share with Market estimates & forecasts
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions
Chapter 8: Displaying the competitive nature among key Company Profiles, with market share, Recent Developments, revenue, and Top Market Strategies.
Chapter 9. Research Process
This report analyzes and forecasts the Bubble Tea market at the global and regional level. The market has been forecast based on revenue (US$ Mn) from 2018 to 2025, considering 2017 as the base year and 2015, 2016 as a Historical year.
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Finally, the Bubble Tea Market is a valuable source of guidance for individuals and companies. One of the major reasons behind providing market attractiveness index is to help the target audience and clients to identify the several market opportunities in the Bubble Tea market. Moreover, for the better understanding of the market, Ample Market Research has also presented a key to get information about various segments of the Bubble Tea market.
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