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Bubble Tea Market Size, Share & Trends Analysis Report By Product (Black, Green, Oolong), By Flavor (Classic, Coffee, Fruit), By Region (APAC, North America, Europe, MEA), And Segment Forecasts, 2020 - 2027

June 2020 | 80 pages | ID: BB892FDC0B60EN
Grand View Research, Inc.

US$ 3,950.00

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Bubble Tea Market Growth & Trends

The global bubble tea market size is expected to reach USD 4.2 billion by 2027 registering a CAGR of 8.9%, according to a new report by Grand View Research, Inc. Shifting consumer preference from carbonated drinks to zero-fat hot beverages, such as bubble tea, is expected to be the key factor for the market growth.

Asia was the largest regional market in 2019 and accounted for 35% of the global share. The region will retain its dominant position throughout the forecast years on account of high consumption of bubble tea in countries including Taiwan, China, and Thailand. In addition, according to the ASEAN Post, which was published in December 2019, the average consumption of bubble drinks in Thailand was six cups per person per month.

Major companies in this market are expanding their global presence through various business strategies. For instance, in September 2019, The Alley, a renowned Taiwanese restaurant chain, inaugurated its first restaurant in New York City. Thus, increasing number of restaurant chains specialized in bubble hot beverages is anticipated to boost market growth over the forecast period.

Bubble Tea Market Report Highlights
  • Black tea segment held the major share of more than 45% in 2019 and is estimated to expand further at a steady CAGR over the forecast period
  • Green tea product segment is anticipated to register the fastest CAGR from 2020 to 2027 owing to various health benefits of this beverage
  • Fruit flavor led the flavor segment in 2019 accounting for the largest market share. It is projected to maintain its leading position throughout the forecast period
  • Asia Pacific was the largest regional market in 2019 and will grow further at a significant CAGR from 2020 to 2027
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
  1.3.1. Purchased Database
  1.3.2. GVR’s Internal Database
  1.3.3. Secondary Sources & Third-Party Perspectives
  1.3.4. Primary Research
1.4. Information Analysis
  1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights

CHAPTER 3. BUBBLE TEA MARKET VARIABLES, TRENDS & SCOPE

3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
  3.3.1. Sales/Retail Channel Analysis
  3.3.2. Profit Margin Analysis
3.4. Market Dynamics
  3.4.1. Market Driver Analysis
  3.4.2. Market Restraint Analysis
  3.4.3. Industry Challenges
  3.4.4. Industry Opportunities
3.5. Business Environment Analysis
  3.5.1. Industry Analysis - Porter’s
    3.5.1.1. Supplier Power
    3.5.1.2. Buyer Power
    3.5.1.3. Substitution Threat
    3.5.1.4. Threat from New Entrant
    3.5.1.5. Competitive Rivalry
3.6. Roadmap of Bubble Tea Market
3.7. Market Entry Strategies

CHAPTER 4. CONSUMER BEHAVIOR ANALYSIS

4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Distribution channel Adoption
4.4. Observations & Recommendations

CHAPTER 5. BUBBLE TEA MARKET: PRODUCT ESTIMATES & TREND ANALYSIS

5.1. Product Movement Analysis & Market Share, 2019 & 2027
5.2. Black Tea
  5.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
5.3. Green Tea
  5.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
5.4. Oolong Tea
  5.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
5.5. Others
  5.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)

CHAPTER 6. BUBBLE TEA MARKET: FLAVOR ESTIMATES & TREND ANALYSIS

6.1. Flavor Movement Analysis & Market Share, 2019 & 2027
6.2. Classic
  6.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.3. Fruit
  6.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.4. Coffee
  6.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.5. Others
  6.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)

CHAPTER 7. BUBBLE TEA MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

7.1. Regional Movement Analysis & Market Share, 2019 & 2027
7.2. North America
  7.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
  7.2.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
  7.2.3. Market estimates and forecast, by flavor, 2016 - 2027 (USD Million)
  7.2.4. U.S.
    7.2.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.2.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.2.4.3. Market estimates and forecast, by flavor, 2016 - 2027 (USD Million)
7.3. Europe
  7.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
  7.3.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
  7.3.3. Market estimates and forecast, by flavor, 2016 - 2027 (USD Million)
  7.3.4. U.K.
    7.3.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.3.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.3.4.3. Market estimates and forecast, by flavor, 2016 - 2027 (USD Million)
  7.3.5. Germany
    7.3.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.3.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.3.5.3. Market estimates and forecast, by flavor, 2016 - 2027 (USD Million)
  7.3.6. France
    7.3.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.3.6.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.3.6.3. Market estimates and forecast, by flavor, 2016 - 2027 (USD Million)
7.4. Asia Pacific
  7.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
  7.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
  7.4.3. Market estimates and forecast, by flavor, 2016 - 2027 (USD Million)
  7.4.4. China
    7.4.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.4.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.4.4.3. Market estimates and forecast, by flavor, 2016 - 2027 (USD Million)
  7.4.5. Thailand
    7.4.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.4.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.4.5.3. Market estimates and forecast, by flavor, 2016 - 2027 (USD Million)
7.5. Central & South America
  7.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
  7.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
  7.5.3. Market estimates and forecast, by flavor, 2016 - 2027 (USD Million)
  7.5.4. Brazil
    7.5.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.5.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.5.4.3. Market estimates and forecast, by flavor, 2016 - 2027 (USD Million)
7.6. Middle East & Africa (MEA)
  7.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
  7.6.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
  7.6.3. Market estimates and forecast, by flavor, 2016 - 2027 (USD Million)

CHAPTER 8. COMPETITIVE ANALYSIS

8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
  8.3.1. Key company market share analysis, 2018

CHAPTER 9. COMPANY PROFILES

9.1. Bobabox Limited
  9.1.1. Company Overview
  9.1.2. Financial Performance
  9.1.3. Technology Benchmarking
  9.1.4. Strategic Initiatives
9.2. Bubble Tea House Company
  9.2.1. Company Overview
  9.2.2. Financial Performance
  9.2.3. Technology Benchmarking
  9.2.4. Strategic Initiatives
9.3. Fokus Inc.
  9.3.1. Company Overview
  9.3.2. Financial Performance
  9.3.3. Technology Benchmarking
  9.3.4. Strategic Initiatives
9.4. Gong Cha
  9.4.1. Company Overview
  9.4.2. Financial Performance
  9.4.3. Technology Benchmarking
  9.4.4. Strategic Initiatives
9.5. ChaTime
  9.5.1. Company Overview
  9.5.2. Financial Performance
  9.5.3. Technology Benchmarking
  9.5.4. Strategic Initiatives
9.6. Lollicup USA, Inc.
  9.6.1. Company Overview
  9.6.2. Financial Performance
  9.6.3. Technology Benchmarking
  9.6.4. Strategic Initiatives
9.7. Bubble Tea Supply Inc.
  9.7.1. Company Overview
  9.7.2. Financial Performance
  9.7.3. Technology Benchmarking
  9.7.4. Strategic Initiatives
9.8. T Bun International
  9.8.1. Company Overview
  9.8.2. Financial Performance
  9.8.3. Technology Benchmarking
  9.8.4. Strategic Initiatives
9.9. Ten Ren's Tea Time
  9.9.1. Company Overview
  9.9.2. Financial Performance
  9.9.3. Technology Benchmarking
  9.9.4. Strategic Initiatives
9.10. Troika JC.
  9.10.1. Company Overview
  9.10.2. Financial Performance
  9.10.3. Technology Benchmarking
  9.10.4. Strategic Initiatives
LIST OF TABLES

1. Bubble tea - Key market driver analysis
2. Bubble tea - Key market restraint analysis
3. Global black tea bubble tea market estimates and forecast, 2016 - 2027 (USD Million)
4. Global green tea bubble tea market estimates and forecast, 2016 - 2027 (USD Million)
5. Global oolong tea bubble tea market estimates and forecast, 2016 - 2027 (USD Million)
6. Global other bubble tea market estimates and forecast, 2016 - 2027 (USD Million)
7. Global classic bubble tea market estimates and forecast, 2016 - 2027 (USD Million)
8. Global fruit bubble tea market estimates and forecast, 2016 - 2027 (USD Million)
9. Global coffee bubble tea market estimates and forecast, 2016 - 2027 (USD Million)
10. Global others bubble tea market estimates and forecast, 2016 - 2027 (USD Million)
11. North America bubble tea market estimates and forecast, 2016 - 2027 (USD Million)
12. North America bubble tea market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
13. North America bubble tea market revenue estimates and forecast by flavor, 2016 - 2027 (USD Million)
14. U.S. bubble tea market estimates and forecast, 2016 - 2027 (USD Million)
15. U.S. bubble tea market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
16. U.S. bubble tea market revenue estimates and forecast by flavor, 2016 - 2027 (USD Million)
17. Europe bubble tea market estimates and forecast, 2016 - 2027 (USD Million)
18. Europe bubble tea market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
19. Europe bubble tea market revenue estimates and forecast by flavor, 2016 - 2027 (USD Million)
20. U.K. bubble tea market estimates and forecast, 2016 - 2027 (USD Million)
21. U.K. bubble tea market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
22. U.K. bubble tea market revenue estimates and forecast by flavor, 2016 - 2027 (USD Million)
23. Germany bubble tea market estimates and forecast, 2016 - 2027 (USD Million)
24. Germany bubble tea market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
25. Germany bubble tea market revenue estimates and forecast by flavor, 2016 - 2027 (USD Million)
26. France bubble tea market estimates and forecast, 2016 - 2027 (USD Million)
27. France bubble tea market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
28. France bubble tea market revenue estimates and forecast by flavor, 2016 - 2027 (USD Million)
29. Asia Pacific bubble tea market estimates and forecast, 2016 - 2027 (USD Million)
30. Asia Pacific bubble tea market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
31. Asia Pacific bubble tea market revenue estimates and forecast by flavor, 2016 - 2027 (USD Million)
32. China bubble tea market estimates and forecast, 2016 - 2027 (USD Million)
33. China bubble tea market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
34. China bubble tea market revenue estimates and forecast by flavor, 2016 - 2027 (USD Million)
35. Thailand bubble tea market estimates and forecast, 2016 - 2027 (USD Million)
36. Thailand bubble tea market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
37. Thailand bubble tea market revenue estimates and forecast by flavor, 2016 - 2027 (USD Million)
38. Central & South America bubble tea market estimates and forecast, 2016 - 2027 (USD Million)
39. Central & South America bubble tea market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
40. Central & South America bubble tea market revenue estimates and forecast by flavor, 2016 - 2027 (USD Million)
41. Brazil bubble tea market estimates and forecast, 2016 - 2027 (USD Million)
42. Brazil bubble tea market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
43. Brazil bubble tea market revenue estimates and forecast by flavor, 2016 - 2027 (USD Million)
44. Middle East & Africa Bubble tea market estimates and forecast, 20145- 2025 (USD Million)
45. Middle East & Africa bubble tea market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
46. Vendor landscape

LIST OF FIGURES

1. Bubble tea market snapshot
2. Bubble tea market segmentation & scope
3. Bubble tea market penetration & growth prospect mapping
4. Bubble tea value chain analysis
5. Bubble tea market dynamics
6. Bubble tea market Porter's analysis
7. Bubble tea market: Product movement analysis
8. Bubble tea market: Flavor movement analysis
9. Bubble tea market: Regional movement analysis


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