The global bubble tea market size is projected to have a rapid-paced CAGR of 9% during the forecast period. The current valuation of the market is US$ 2.72 billion in 2023. The bubble tea market value is anticipated to reach a high of US$ 6.17 billion by the year 2033. A historical CAGR of 9.1% has been recorded by the experts of Future Market Insights for the concerned market.
| Report Attribute | Details |
|---|---|
| Bubble Tea Market Value (2023) | US$ 2.72 billion |
| Bubble Tea Market Anticipated Value (2033) | US$ 6.17 billion |
| Bubble Tea Projected Growth Rate (2023 to 2033) | 9% |
The bubble tea market has a rapid expansion as this drink is diverse, with most bubble tea recipes containing the base mixed with fruit and milk and chewy tapioca balls gaining momentum amongst the populace due to their slushy consistency. It offers a wide variety of bubble tea flavors and is made with sundry ingredients. It is being identified as a modified beverage and is gaining immense popularity across mature regions.
Key factors propelling the bubble tea market growth can be identified as the rising consumption of tea and nootropic drinks amongst the working-class populace and the students, coupled with zero fat and low-calorie contents made available at bubble tea stores, which is a prime factor fueling the demand for bubble tea further in the global market. Therefore, it is anticipated that the bubble tea market is likely to have significant growth at an impressive pace during the forecast period.
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As per the statistics recorded by the experts of Future Market Insights, the bubble tea sales has had a steady progression over the recent years and has substantially attained growth from a CAGR of 7.1% in 2018 to 2022 to a CAGR of 8.8% in the period 2023 to 2033.
This growth can be attributed to the global adoption and improving availability of bubble tea, enabling sales of this unique beverage in diverse markets.
The contribution of social media is a significant factor that played a critical role in making bubble tea popular across the globe. In addition to that, health experts have recommended that moderate consumption of bubble tea boosts concentration and improves brain function, which has also augmented the market expansion over the years, thereby increasing the popularity of this beverage.
Numerous assortments of beverages are being consumed with a wide scope of fixings. It has been witnessed while analyzing the market that air pocket milk green tea with custard and bubble milk tea with custard are the two most devoured varieties among people.
As mentioned earlier, social media plays a crucial role in determining the market growth of bubble tea, and the key players are developing a sensation by crafting beautiful drinks and encouraging customers to click and share artistic pictures of the unique beverage online.
It is anticipated that bubble tea franchises are owned and operated by young, well, educated, social media-savvy entrepreneurs looking out for new business prospects, increasing the consumer base across demographics, and determining the ways of appropriate expansion.
Principal Consultant
The experts at FMI have revealed that several aspects are fueling the bubble tea market growth and these factors are likely to strengthen the forum in the coming years.
Besides the driving factors, a range of aspects is identified that are likely to hinder the growth of the market in the coming years. They are:
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Consumers are shifting towards natural and organic ingredients, and the experts of FMI have revealed during the analysis that the green tea segment is projected to dominate at a significant CAGR of 11.4% during the forecast period.
This segment is expected to hold a market share of 38% of the overall bubble tea sales worldwide. This segment is gaining momentum owing to the population's rising health consciousness, which prevents them from gaining weight and inducing weight loss with regular consumption. Green tea has also shown long-term energy-inducing properties that positively impact the regulation of body metabolism, simultaneously propelling market growth.
The fruit flavor segment is the most popular amongst consumers. It includes flavor variants such as lychee, passion fruit, mango, plum, avocado, strawberry, banana, grape, lemon, and others.
This segment is expected to grow significantly throughout the forecast period due to its high nutritional value, organic nature, and sugar-free properties, s compared to the other artificial flavors. This sugar-free fruit segment is likely to hold 26% of the total market share and advance at a CAGR of 11.8% during the estimated period.
Online retailing is projected to dominate the distribution channel segment and it is the fastest-growing segment owing to increasing consumers preferring the convenience it offers.
It is estimated to register a healthy growth of 11.9% CAGR during the forecast period. Several bubble tea brands offer online and offline delivery of their products that are pre-booked and arranged to be delivered at a specific time.
North America is expected to have significant growth in the bubble tea market share in the coming years.
The United States is projected to dominate the market in this region with a growth rate of 12.4%. The base year in his region witnessed a greater global awareness about the relationship between diseases and meat consumption, which contributed to a 40% increase in vegans in this country.
In affluent countries like the USA and Canada, the population is increasingly consuming vegan food and plant-based diets. Therefore, numerous bubble tea manufacturers in these countries are offering plant-based dairy alternatives. Fruity beverages are also highly preferred by the populace, influencing the bubble tea market growth in this region.
The Asia Pacific region is projected to hold the highest share of the global boba tea market. Currently, the region is advancing at a rapid pace of 10.7% CAGR and is likely to gain further momentum in the coming years, Vietnam and Taiwan are expected to have the largest sales of bubble tea.
According to FMI’s analysis, China market is forecast to grow at a CAGR of 7.5% and is currently identified as the major bubble tea manufacturer in the global market. Consumers are having high expenditure on healthy beverages, and the ongoing projects are expected to further boost this region’s growth.
Singapore bubble tea market is gaining quote traction and adopting the ongoing trends prevailing in the market. It is projected that the Singapore market is going to propel at a rapid pace of 10.7% CAGR during the estimated period 2022 to 2032.
The presence of the key market players in this region like Gong Cha, Koi, and others are factors attributing to the growth of the market in this country. Additionally, many manufacturers are launching new cafes and restaurants in Singapore to attract consumers and fortify their market presence, positively contributing to the market growth for bubble tea.
Efforts of New Entrants Brewing the Bubble Tea Market
The start-ups in the bubble tea marketplace are making continuous efforts to innovate the beverage to further appeal to consumers' changing preferences and demands. They are indulging in collaborations and making investments in research and development activities to boost the demand for bubble tea.
Two Top Start-Ups identified
Dr. Bubbles, a start-up launched in the year 2015, is offering a new variety of tea to Indians. This start-up company has a diversified bouquet of snacks and drinks and is on track to compete with major players. They have replaced the bubble topping of tapioca pearls with juice bubbles and juice jellies, and the people in India widely like this product.
Bobluv is touted as a first-of-its-kind boba tea that is ready-to-drink-no mixing or at-home preparation required-and, has less than 50 calories and one gram of sugar per 9.5-ounce bottle. It’s also keto-friendly, gluten-free, and packed with antioxidants like vitamin C. So far, Bubluv offers three flavors: black milk tea, matcha soy latte, and passionfruit oolong guava-each with Bubluv’s tapioca pearls.
Some other start-up companies gaining traction are Tiger Sugar, the Alley, and others.
Biggies Revolutionizing the Bubble Tea Market
The manufacturers are capitalizing on improving bubble tea ingredients' functionality to cater to consumers' rising demand. They are focusing on product development and emphasizing offering certified products through quality system control to increase their brand value.
Top Three Manufacturers Venturing Innovation
Recent Developments
Some of the recent developments identified are:
| Company Name | Secret Recipe |
|---|---|
| Year Of Development | 2019 |
| Description | This firm joined the bubble tea bandwagon in 2019. A series of bubble tea flavors such as boba brown sugar with milk, boba caramel milk tea, boba milk tea, boba brown sugar milk tea, boba kopi-C, boba midnight blue, boba signature fruit tea, and boba cham was released. |
| Company Name | Chatime Malaysia Sdn Bhd |
|---|---|
| Year Of Development | 2019 |
| Description | In its five-year expansion plan, this firm revealed that it intended to aggressively expand its footprints into the overseas bubble tea market in Singapore, the United States, India, and Saudi Arabia. |
| Company Name | Bubble Tea Supply Inc. |
|---|---|
| Year Of Development | 2020 |
| Description | This company announced its debut of bubble tea in April, with a range of tastes in Bubble Tea Club, including traditional milk, mango, green apples, lychees, Thai and fruity flavors of honeydew, and a range of 14 toppings. |
| Company Name | Gong Cha |
|---|---|
| Year Of Development | 2021 |
| Description | Gong Cha is expanding its bubble tea offerings in 2021, continuing the company’s well-known product innovation. This includes the February launch of the company’s Chocolate Lava Series and the return of the popular Little Star Jelly Series, and in April, a Heart Shaped Jelly Series of bubble tea, including Strawberry Honey Tea, Strawberry Milk Tea, and Strawberry Smoothie flavors. |
The net worth of the market is expected to be US$ 6.17 billion by 2033.
The market is calculated to expand at a CAGR of 9% through 2033.
The market expanded at a CAGR of 7.1% from 2018 to 2022.
Aggressive advertisements and consumption of flavored variants.
Growing lactose-intolerant population is the key opportunities for market players.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) & Volume (MT) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) & Volume (MT) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Base Ingredient 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Base Ingredient, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Base Ingredient, 2023 to 2033 5.3.1. Black Tea 5.3.2. Green Tea 5.3.3. Oolong Tea 5.3.4. White Tea 5.3.5. Others 5.4. Y-o-Y Growth Trend Analysis By Base Ingredient, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Base Ingredient, 2023 to 2033 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sugar Content 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Sugar Content, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Sugar Content, 2023 to 2033 6.3.1. Regular 6.3.2. Reduced Sugar/Sugar-Free 6.4. Y-o-Y Growth Trend Analysis By Sugar Content, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By Sugar Content, 2023 to 2033 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Toppings 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Toppings, 2018 to 2022 7.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Toppings, 2023 to 2033 7.3.1. Pearl 7.3.2. Grass Jelly 7.3.3. Coconut Jelly 7.3.4. Red Bean 7.3.5. Multiple/Others 7.4. Y-o-Y Growth Trend Analysis By Toppings, 2018 to 2022 7.5. Absolute $ Opportunity Analysis By Toppings, 2023 to 2033 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Distribution Channel 8.1. Introduction / Key Findings 8.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Distribution Channel, 2018 to 2022 8.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Distribution Channel, 2023 to 2033 8.3.1. Direct (B2B) 8.3.2. Indirect (B2C) 8.3.3. Online Reatailing 8.4. Y-o-Y Growth Trend Analysis By Distribution Channel, 2018 to 2022 8.5. Absolute $ Opportunity Analysis By Distribution Channel, 2023 to 2033 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 9.1. Introduction 9.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Region, 2018 to 2022 9.3. Current Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Region, 2023 to 2033 9.3.1. North America 9.3.2. Latin America 9.3.3. Western Europe 9.3.4. Eastern Europe 9.3.5. South Asia and Pacific 9.3.6. East Asia 9.3.7. Middle East and Africa 9.4. Market Attractiveness Analysis By Region 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 10.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 10.2.1. By Country 10.2.1.1. USA 10.2.1.2. Canada 10.2.2. By Base Ingredient 10.2.3. By Sugar Content 10.2.4. By Toppings 10.2.5. By Distribution Channel 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Base Ingredient 10.3.3. By Sugar Content 10.3.4. By Toppings 10.3.5. By Distribution Channel 10.4. Key Takeaways 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 11.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Country 11.2.1.1. Brazil 11.2.1.2. Mexico 11.2.1.3. Rest of Latin America 11.2.2. By Base Ingredient 11.2.3. By Sugar Content 11.2.4. By Toppings 11.2.5. By Distribution Channel 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Base Ingredient 11.3.3. By Sugar Content 11.3.4. By Toppings 11.3.5. By Distribution Channel 11.4. Key Takeaways 12. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 12.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Country 12.2.1.1. Germany 12.2.1.2. UK 12.2.1.3. France 12.2.1.4. Spain 12.2.1.5. Italy 12.2.1.6. Rest of Western Europe 12.2.2. By Base Ingredient 12.2.3. By Sugar Content 12.2.4. By Toppings 12.2.5. By Distribution Channel 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Base Ingredient 12.3.3. By Sugar Content 12.3.4. By Toppings 12.3.5. By Distribution Channel 12.4. Key Takeaways 13. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 13.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 13.2.1. By Country 13.2.1.1. Poland 13.2.1.2. Russia 13.2.1.3. Czech Republic 13.2.1.4. Romania 13.2.1.5. Rest of Eastern Europe 13.2.2. By Base Ingredient 13.2.3. By Sugar Content 13.2.4. By Toppings 13.2.5. By Distribution Channel 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Base Ingredient 13.3.3. By Sugar Content 13.3.4. By Toppings 13.3.5. By Distribution Channel 13.4. Key Takeaways 14. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 14.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 14.2.1. By Country 14.2.1.1. India 14.2.1.2. Bangladesh 14.2.1.3. Australia 14.2.1.4. New Zealand 14.2.1.5. Rest of South Asia and Pacific 14.2.2. By Base Ingredient 14.2.3. By Sugar Content 14.2.4. By Toppings 14.2.5. By Distribution Channel 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Base Ingredient 14.3.3. By Sugar Content 14.3.4. By Toppings 14.3.5. By Distribution Channel 14.4. Key Takeaways 15. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 15.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 15.2.1. By Country 15.2.1.1. China 15.2.1.2. Japan 15.2.1.3. South Korea 15.2.2. By Base Ingredient 15.2.3. By Sugar Content 15.2.4. By Toppings 15.2.5. By Distribution Channel 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By Base Ingredient 15.3.3. By Sugar Content 15.3.4. By Toppings 15.3.5. By Distribution Channel 15.4. Key Takeaways 16. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 16.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 16.2.1. By Country 16.2.1.1. GCC Countries 16.2.1.2. South Africa 16.2.1.3. Israel 16.2.1.4. Rest of MEA 16.2.2. By Base Ingredient 16.2.3. By Sugar Content 16.2.4. By Toppings 16.2.5. By Distribution Channel 16.3. Market Attractiveness Analysis 16.3.1. By Country 16.3.2. By Base Ingredient 16.3.3. By Sugar Content 16.3.4. By Toppings 16.3.5. By Distribution Channel 16.4. Key Takeaways 17. Key Countries Market Analysis 17.1. USA 17.1.1. Pricing Analysis 17.1.2. Market Share Analysis, 2022 17.1.2.1. By Base Ingredient 17.1.2.2. By Sugar Content 17.1.2.3. By Toppings 17.1.2.4. By Distribution Channel 17.2. Canada 17.2.1. Pricing Analysis 17.2.2. Market Share Analysis, 2022 17.2.2.1. By Base Ingredient 17.2.2.2. By Sugar Content 17.2.2.3. By Toppings 17.2.2.4. By Distribution Channel 17.3. Brazil 17.3.1. Pricing Analysis 17.3.2. Market Share Analysis, 2022 17.3.2.1. By Base Ingredient 17.3.2.2. By Sugar Content 17.3.2.3. By Toppings 17.3.2.4. By Distribution Channel 17.4. Mexico 17.4.1. Pricing Analysis 17.4.2. Market Share Analysis, 2022 17.4.2.1. By Base Ingredient 17.4.2.2. By Sugar Content 17.4.2.3. By Toppings 17.4.2.4. By Distribution Channel 17.5. Germany 17.5.1. Pricing Analysis 17.5.2. Market Share Analysis, 2022 17.5.2.1. By Base Ingredient 17.5.2.2. By Sugar Content 17.5.2.3. By Toppings 17.5.2.4. By Distribution Channel 17.6. UK 17.6.1. Pricing Analysis 17.6.2. Market Share Analysis, 2022 17.6.2.1. By Base Ingredient 17.6.2.2. By Sugar Content 17.6.2.3. By Toppings 17.6.2.4. By Distribution Channel 17.7. France 17.7.1. Pricing Analysis 17.7.2. Market Share Analysis, 2022 17.7.2.1. By Base Ingredient 17.7.2.2. By Sugar Content 17.7.2.3. By Toppings 17.7.2.4. By Distribution Channel 17.8. Spain 17.8.1. Pricing Analysis 17.8.2. Market Share Analysis, 2022 17.8.2.1. By Base Ingredient 17.8.2.2. By Sugar Content 17.8.2.3. By Toppings 17.8.2.4. By Distribution Channel 17.9. Italy 17.9.1. Pricing Analysis 17.9.2. Market Share Analysis, 2022 17.9.2.1. By Base Ingredient 17.9.2.2. By Sugar Content 17.9.2.3. By Toppings 17.9.2.4. By Distribution Channel 17.10. Poland 17.10.1. Pricing Analysis 17.10.2. Market Share Analysis, 2022 17.10.2.1. By Base Ingredient 17.10.2.2. By Sugar Content 17.10.2.3. By Toppings 17.10.2.4. By Distribution Channel 17.11. Russia 17.11.1. Pricing Analysis 17.11.2. Market Share Analysis, 2022 17.11.2.1. By Base Ingredient 17.11.2.2. By Sugar Content 17.11.2.3. By Toppings 17.11.2.4. By Distribution Channel 17.12. Czech Republic 17.12.1. Pricing Analysis 17.12.2. Market Share Analysis, 2022 17.12.2.1. By Base Ingredient 17.12.2.2. By Sugar Content 17.12.2.3. By Toppings 17.12.2.4. By Distribution Channel 17.13. Romania 17.13.1. Pricing Analysis 17.13.2. Market Share Analysis, 2022 17.13.2.1. By Base Ingredient 17.13.2.2. By Sugar Content 17.13.2.3. By Toppings 17.13.2.4. By Distribution Channel 17.14. India 17.14.1. Pricing Analysis 17.14.2. Market Share Analysis, 2022 17.14.2.1. By Base Ingredient 17.14.2.2. By Sugar Content 17.14.2.3. By Toppings 17.14.2.4. By Distribution Channel 17.15. Bangladesh 17.15.1. Pricing Analysis 17.15.2. Market Share Analysis, 2022 17.15.2.1. By Base Ingredient 17.15.2.2. By Sugar Content 17.15.2.3. By Toppings 17.15.2.4. By Distribution Channel 17.16. Australia 17.16.1. Pricing Analysis 17.16.2. Market Share Analysis, 2022 17.16.2.1. By Base Ingredient 17.16.2.2. By Sugar Content 17.16.2.3. By Toppings 17.16.2.4. By Distribution Channel 17.17. New Zealand 17.17.1. Pricing Analysis 17.17.2. Market Share Analysis, 2022 17.17.2.1. By Base Ingredient 17.17.2.2. By Sugar Content 17.17.2.3. By Toppings 17.17.2.4. By Distribution Channel 17.18. China 17.18.1. Pricing Analysis 17.18.2. Market Share Analysis, 2022 17.18.2.1. By Base Ingredient 17.18.2.2. By Sugar Content 17.18.2.3. By Toppings 17.18.2.4. By Distribution Channel 17.19. Japan 17.19.1. Pricing Analysis 17.19.2. Market Share Analysis, 2022 17.19.2.1. By Base Ingredient 17.19.2.2. By Sugar Content 17.19.2.3. By Toppings 17.19.2.4. By Distribution Channel 17.20. South Korea 17.20.1. Pricing Analysis 17.20.2. Market Share Analysis, 2022 17.20.2.1. By Base Ingredient 17.20.2.2. By Sugar Content 17.20.2.3. By Toppings 17.20.2.4. By Distribution Channel 17.21. GCC Countries 17.21.1. Pricing Analysis 17.21.2. Market Share Analysis, 2022 17.21.2.1. By Base Ingredient 17.21.2.2. By Sugar Content 17.21.2.3. By Toppings 17.21.2.4. By Distribution Channel 17.22. South Africa 17.22.1. Pricing Analysis 17.22.2. Market Share Analysis, 2022 17.22.2.1. By Base Ingredient 17.22.2.2. By Sugar Content 17.22.2.3. By Toppings 17.22.2.4. By Distribution Channel 17.23. Israel 17.23.1. Pricing Analysis 17.23.2. Market Share Analysis, 2022 17.23.2.1. By Base Ingredient 17.23.2.2. By Sugar Content 17.23.2.3. By Toppings 17.23.2.4. By Distribution Channel 18. Market Structure Analysis 18.1. Competition Dashboard 18.2. Competition Benchmarking 18.3. Market Share Analysis of Top Players 18.3.1. By Regional 18.3.2. By Base Ingredient 18.3.3. By Sugar Content 18.3.4. By Toppings 18.3.5. By Distribution Channel 19. Competition Analysis 19.1. Competition Deep Dive 19.1.1. Bobabox Ltd. 19.1.1.1. Overview 19.1.1.2. Product Portfolio 19.1.1.3. Profitability by Market Segments 19.1.1.4. Sales Footprint 19.1.1.5. Strategy Overview 19.1.1.5.1. Marketing Strategy 19.1.1.5.2. Product Strategy 19.1.1.5.3. Channel Strategy 19.1.2. House Company 19.1.2.1. Overview 19.1.2.2. Product Portfolio 19.1.2.3. Profitability by Market Segments 19.1.2.4. Sales Footprint 19.1.2.5. Strategy Overview 19.1.2.5.1. Marketing Strategy 19.1.2.5.2. Product Strategy 19.1.2.5.3. Channel Strategy 19.1.3. Fokus, Inc. 19.1.3.1. Overview 19.1.3.2. Product Portfolio 19.1.3.3. Profitability by Market Segments 19.1.3.4. Sales Footprint 19.1.3.5. Strategy Overview 19.1.3.5.1. Marketing Strategy 19.1.3.5.2. Product Strategy 19.1.3.5.3. Channel Strategy 19.1.4. Gong Cha 19.1.4.1. Overview 19.1.4.2. Product Portfolio 19.1.4.3. Profitability by Market Segments 19.1.4.4. Sales Footprint 19.1.4.5. Strategy Overview 19.1.4.5.1. Marketing Strategy 19.1.4.5.2. Product Strategy 19.1.4.5.3. Channel Strategy 19.1.5. ChaTime 19.1.5.1. Overview 19.1.5.2. Product Portfolio 19.1.5.3. Profitability by Market Segments 19.1.5.4. Sales Footprint 19.1.5.5. Strategy Overview 19.1.5.5.1. Marketing Strategy 19.1.5.5.2. Product Strategy 19.1.5.5.3. Channel Strategy 19.1.6. Lollicup USA, Inc. 19.1.6.1. Overview 19.1.6.2. Product Portfolio 19.1.6.3. Profitability by Market Segments 19.1.6.4. Sales Footprint 19.1.6.5. Strategy Overview 19.1.6.5.1. Marketing Strategy 19.1.6.5.2. Product Strategy 19.1.6.5.3. Channel Strategy 19.1.7. Supply, Inc. 19.1.7.1. Overview 19.1.7.2. Product Portfolio 19.1.7.3. Profitability by Market Segments 19.1.7.4. Sales Footprint 19.1.7.5. Strategy Overview 19.1.7.5.1. Marketing Strategy 19.1.7.5.2. Product Strategy 19.1.7.5.3. Channel Strategy 19.1.8. T Bun International 19.1.8.1. Overview 19.1.8.2. Product Portfolio 19.1.8.3. Profitability by Market Segments 19.1.8.4. Sales Footprint 19.1.8.5. Strategy Overview 19.1.8.5.1. Marketing Strategy 19.1.8.5.2. Product Strategy 19.1.8.5.3. Channel Strategy 19.1.9. Ten Ren's Tea Time 19.1.9.1. Overview 19.1.9.2. Product Portfolio 19.1.9.3. Profitability by Market Segments 19.1.9.4. Sales Footprint 19.1.9.5. Strategy Overview 19.1.9.5.1. Marketing Strategy 19.1.9.5.2. Product Strategy 19.1.9.5.3. Channel Strategy 19.1.10. Troika JC 19.1.10.1. Overview 19.1.10.2. Product Portfolio 19.1.10.3. Profitability by Market Segments 19.1.10.4. Sales Footprint 19.1.10.5. Strategy Overview 19.1.10.5.1. Marketing Strategy 19.1.10.5.2. Product Strategy 19.1.10.5.3. Channel Strategy 20. Assumptions & Acronyms Used 21. Research Methodology
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Bubble Tea Market
