Global Bubble Tea market will reach 11000 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2018/12/26

Bubble tea (also known as pearl milk tea, bubble milk tea, boba juice, boba tea, or simply boba) is a Taiwanese tea-based drink invented in Tainan and Taichung in the 1980s. Most bubble tea recipes contain a tea base mixed with fruit or milk, to which chewy tapioca balls (known as bubbles, pearls, or boba) and fruit jelly are often added. Ice-blended versions are usually mixed with fruit or syrup, resulting in a slushy consistency. There are many varieties of the drink with a wide range of ingredients. The two most popular varieties are bubble milk tea with tapioca and bubble milk green tea with tapioca.

According to applications, Bubble Tea is spilt into Kids (<10 years), Teenagers (<25 years) and Adults. In 2017, Bubble Tea for Teenagers occupied more than 44.66% of total amount in 2017.

According to types, Bubble Tea is split into Original Flavored Bubble Tea, Fruit Flavored Bubble Tea and Other Flavors, most manufacturers in the report can supply all product. Original Flavored is the largest market with the share of 44.14% in 2017.

The global Bubble Tea market is valued at 5370 million US$ in 2017 and will reach 11000 million US$ by the end of 2025, growing at a CAGR of 9.3% during 2018-2025.

Click to view the full report: https://www.qyresearch.com/index/detail/194415/global-bubble-tea-market

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