Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Pearl Milk Tea, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Pearl Milk Tea. This report contains market size and forecasts of Pearl Milk Tea in global, including the following market information:
Global Pearl Milk Tea Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Pearl Milk Tea Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Pearl Milk Tea companies in 2022 (%)
The global Pearl Milk Tea market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Original Flavored Bubble Tea Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Pearl Milk Tea include Kung Fu Tea, Gong Cha, Boba Guys, Chatime, ShareTea, 8tea5, Quickly, CoCo Fresh and VIVI BUBBLE TEA, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Pearl Milk Tea manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Pearl Milk Tea Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Pearl Milk Tea Market Segment Percentages, by Type, 2022 (%)
Original Flavored Bubble Tea
Fruit Flavored Bubble Tea
Other Flavors
Global Pearl Milk Tea Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Pearl Milk Tea Market Segment Percentages, by Application, 2022 (%)
Kids (Below 10 years)
Teenagers (Below 25 years)
Adults
Global Pearl Milk Tea Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Pearl Milk Tea Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Pearl Milk Tea revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Pearl Milk Tea revenues share in global market, 2022 (%)
Key companies Pearl Milk Tea sales in global market, 2018-2023 (Estimated), (MT)
Key companies Pearl Milk Tea sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Kung Fu Tea
Gong Cha
Boba Guys
Chatime
ShareTea
8tea5
Quickly
CoCo Fresh
VIVI BUBBLE TEA
Outline of Major Chapters:
Chapter 1: Introduces the definition of Pearl Milk Tea, market overview.
Chapter 2: Global Pearl Milk Tea market size in revenue and volume.
Chapter 3: Detailed analysis of Pearl Milk Tea manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Pearl Milk Tea in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Pearl Milk Tea capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
