Major factor driving growth of the global bubble tea market is increasing demand for flavored drinks among adults. In addition, growing preference for ready to drink beverages in developed and developing countries is another factor expected to support growth of the global bubble tea market.

The global bubble tea market is segmented on the basis of base ingredient, flavor, components, and region.

The base ingredient segment of global bubble tea market is segmented on the basis of black tea, green tea, oolong tea, and white tea. The black tea segment is expected to contribute significant revenue share in the global market.

The flavor segment of global bubble tea market is segmented on the basis of original, coffee, fruit, chocolate, and others. The fruit flavor segment is expected to contribute significant revenue share in the global market.

The component segment of global bubble tea market is segmented on the basis of flavor, creamer, sweetener, liquid, tapioca pearls, and others.

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On the basis of region, the global bubble tea market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

The bubble tea market in Asia Pacific is expected to account for largest share in the global market in terms of revenue, owing to and presence of major beverage producers in countries in the region. The markets in North America and Europe are expected to account for significant revenue shares in the global market. The market in Europe is projected to register lucrative CAGR in terms of revenue over the forecast period.

Key players operating in the global bubble tea market include Lollicup USA Inc., CuppoTee Company, Bubble Tea House Company, Ten Ren’s Tea Time, Boba Box Limited, Sumos Sdn Bhd, Gong Cha USA, Boba Tea Company, Troika JC., and Fokus Inc.

 

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