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Bubble Tea Market

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Bubble Tea Market Will Rise At A CAGR of 8.09%; Rising Demand For Beverages Will Enable Growth, says Fortune Business Insights – PowerPoint PPT presentation

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Title: Bubble Tea Market


1
The increasing demand for beverages such as tea
and coffee around the world is driving the
global bubble tea market, states Fortune Business
Insights in a report, titled Bubble tea Global
Market Analysis, Insights and Forecast,
2019-2026. The Bubble tea market was valued at
US 1.89 Bn and is predicted to reach US 3.49
Billion by 2026, exhibiting a CAGR of
8.09. Browse Complete Report https//www.fortun
ebusinessinsights.com/industry-reports/bubble-tea-
market-101564 By type, the global bubble tea
market is segmented into black tea, green tea,
oolong tea. Black tea is expected to dominate
the bubble tea market owing to the increasing
health-conscious consumers across the world. The
rising shift towards organic food products will
speed up the growth of the segment in the
forthcoming year. The report provides descriptive
and cumulative insights on the bubble tea
industry. A comprehensive analysis of the bubble
tea market in terms of market size and growth
rate for all the segments. Rising Demand For
Beverages Will Propel Bubble Tea Market
Growth The increasing consumption of beverages
such as coffee and tea around the world is
encouraging the global bubble tea market growth.
Bubble tea is associated with various names such
as boba tea, pearl milk tea, boba juice, bubble
milk tea, or just simple bubble tea. Bubble tea
is very advantageous and possesses numerous
health benefits, which makes it an attractive
beverage for health-conscious consumers. The
low-fat nature and low-calorie content of bubble
tea will make it a demandable beverage. The
global bubble tea market is predicted to witness
exceptional growth in the forthcoming year owing
to the presence of various elements attributed to
the health benefits present in the bubble tea
such as antioxidants. Furthermore, There has been
a surge in the consumption of black tea due to
its anti-inflammatory properties. This factor
will fuel demand among people living a
health-centric lifestyle, which will, in turn,
contribute to the global bubble tea market
shares. Product Launches By Key Players Will
Favor Growth The rising consumer demand for
bubble tea has impelled companies to launch a
range of flavorful bubble tea options for the
consumers. For instance, Secret Recipe has
launched a series of various bubble tea or boba
tea flavors such asboba caramel milk tea, boba
brown sugar with milk, boba milk tea, boba brown
sugar milk tea, boba kopi-C, boba signature fruit
tea, boba cham, and boba midnight
blue. Furthermore, The unveiling of bubble tea
chains to cater to the rising demand from the
consumers will boost the global bubble tea
revenue. For instance, The Alley, a renowned
Taiwanese bubble tea chain opened its first
outlet in New York City. The ingredients used by
the Alley are imported from Taiwan and its
tapioca pearls are made in
2
  • house. The most popular item is the brown sugar
    deerioca made with creme brûlée milk, an
    aesthetically pretty ombre-looking drink that
    nods to the brands deer logo. These factors and
    trends together are expected to facilitate the
    global bubble tea market growth during the
    forecast period.
  • Key Players In The Global Bubble Tea Market
  • ChaTime
  • Bubble Tea Supply Inc.
  • Gong Cha
  • CoCo Fresh
  • Quickly
  • Kung Fu Tea
  • Tiger Sugar Korea
  • Boba Loca
  • Happylemon
  • Lollicup USA, Inc.
  • ShareTea
  • T Bun International
  • Other Key Players
  • About Us
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