The bubble tea market is forecasted to grow by USD 1537.5 million during 2024-2029, accelerating at a CAGR of 8.1% during the forecast period. The 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 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 health benefits of bubble tea.
Market Scope |
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 7.4% |
CAGR | 8.1% |
Incremental Value | $1537.5 mn |
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
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 End-user
- Millennials
- Generation Z
- Generation X
By Component
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, development of bubble tea-infused dishes and advent of liquor-based bubble tea beverages will lead to sizable demand in the market.
The report on the bubble tea market covers the following areas:
- Bubble Tea Market sizing
- Bubble Tea Market forecast
- Bubble Tea Market industry analysis
The 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 publisher 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 primary and secondary research. The 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.