Bubble Tea Market Report 2022

The latest report by IMARC Group, titled “Bubble Tea Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the Bubble Tea Market Report. The global bubble tea market reached a value of US$ 2.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.4 Billion by 2027, exhibiting a CAGR of 7.39% during 2022-2027.  Bubble tea refers to a beverage that is prepared by using milk, fruits, fruit juices and tapioca pearls. Tapioca pearls are the key ingredient of bubble tea that are made from tapioca flour extracted from cassava roots. These balls are usually tasteless but can absorb the flavor of the tea effectively.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic.

Request Free Sample Report (Exclusive Offer on this report):  https://www.imarcgroup.com/bubble-tea-market/requestsample

Global Bubble Tea Market Trends:

The global market is primarily driven by the significant growth in the food and beverages sector. Along with this, rapid urbanization, the inflating disposable incomes of the masses, and their shifting dietary preferences have led to the widespread preference for bubble tea across the globe, which is acting as a major growth-inducing factor. Additionally, the introduction of various flavors of bubble tea in the market, such as mango, passion fruit, coffee and chocolate, has further resulted in the rising popularity of the beverage among the masses, especially among young adults. The easy product availability in aesthetically attractive packaging is also acting as a key factor driving the market toward growth.

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/bubble-tea-market

Global Bubble Tea Market 2022-2027 Analysis and Segmentation:

Competitive Landscape with Key Players:

• Boba Loca USA Inc.
• Bubble Tea Supply
• CoCo Fresh Tea & Juice
• Fanale Drinks
• Fokus Inc
• Huey-Yuhe Enterprise Co. Ltd.
• Kung Fu Tea
• Lollicup USA Inc.
• Quickly Chapel Hill
• Sharetea
• Troika J C Inc

Breakup by Base Ingredients:

• Black Tea
• Green Tea
• Oolong Tea
• White Tea

Breakup by Flavor:

• Original Flavor
• Coffee Flavor
• Fruit Flavor
• Chocolate Flavor
• Others

Breakup by Component:

• Flavor
• Creamer
• Sweetener
• Liquid
• Tapioca Pearls
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Other Reports of IMARC Group:

• Nigeria Online Food Delivery Market Analysis Report 2022-2027
• Qatar Greenhouse Market Analysis Report 2022-2027
• Vietnam Pangasius (Basa) Market Analysis Report 2022-2027
• Saudi Arabia Luxury Market Analysis Report 2022-2027
• Australia Coffee And Tea Capsules Market Analysis Report 2022-2027
• West Africa Food Services Market Analysis Report 2022-2027

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1-631-791-1145
Address:30 N Gould St Ste R
City: Sheridan
State: WY
Country: United States
Website: https://www.imarcgroup.com