Press Release

USD 2.81 Billion Bubble Tea Market Value in 2024 and Expected to Reach USD 4.21 Billion by 2030

The Global Bubble Tea Market size was valued at around USD 2.81 billion in 2024 and is projected to reach around USD 4.21 billion by 2030. Along with this, the market is anticipated to grow at a CAGR of around 8.11% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in their recent research report. A large number of people across different countries worldwide are being highly experimental with flavors and showing greater interest in innovative beverages infused with bold flavors, i.e., the prime aspect projected to drive the Bubble Tea Market in the future.

As per health experts, bubble tea acts as an antioxidant and has anti-inflammatory properties, and thus its moderate consumption slows down cell damage, lowers cholesterol levels, boosts concentration, improves brain function, & serves effectively against depression & other such health issues. Hence, as more & more people are becoming increasingly health-conscious, bubble tea is witnessing a steadily growing demand globally. Furthermore, the burgeoning consumption of tea & nootropic drinks by the working-class population & students and the increasing availability of zero-fat & low-calorie contents at bubble tea stores are also expected to stimulate the bubble tea market expansion over the coming years.

Global Bubble Tea Market Segmentation Analysis

Green Tea to Continue its Dominance in the Bubble Tea Market

With the rising prevalence of chronic diseases & other health disorders worldwide, a large number of consumers worldwide are becoming increasingly health-conscious and seeking natural & organic food & beverages. As the regular consumption of green tea prevents people from gaining weight by inducing weight loss, it is a widely accepted product across different regions. Moreover, green tea has also shown long-term energy-inducing properties, which positively impact the regulation of body metabolism. Hence, these aspects are accelerating its demand and, in turn, spurring growth in the bubble tea market.

Asia-Pacific holds a Prominent Share of the Bubble Tea Market

The strong demand for bubble teas, particularly across Vietnam & Taiwan, is the main factor driving the Asia-Pacific Bubble Tea Market. Besides, the presence of leading tea producers and the increasing number of new entrants in the region are also boding well for market growth. Moreover, the rising establishment of cafes/restaurants by bubble tea manufacturers/entrepreneurs and significantly increased consumer spending on healthy food & beverages are also projected to stimulate the growth of the bubble tea industry in Asia-Pacific over the coming years.

Competitive Landscape

With strategic initiatives such as mergers, collaborations, and acquisitions, the leading market companies including Kung Fu Tea, Quickly, Lollicup USA, Inc., Bubble Tea Supply, Inc., Ten Ren's Tea Time, Gong Cha, ChaTime, Bobabox Ltd., Fokus, Inc., Coco Fresh Tea and Juice, Happy Lemon, Cuppotee, Tiger Sugar, Grand Chainly Enterprise, Share Tea and others looking forward to strengthening their market positions.

Key Questions Answered in the Research Report

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What key factors would propel and impede the industry across the globe?
4. How has the industry been evolving in terms of geography & solution adoption?
5. How has the competition been shaping up across various regions?
6. How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?