Bubble Tea Market Research Report- Forecast to 2023

Bubble Tea Market Research Report- Forecast to 2023

ID: MRFR/F-B & N/2651-HCRR | August, 2017 | Region: Global | 110 pages | Half-Cooked Research Reports

Global Bubble Tea Market Information- by Tea Type (Black Tea, Green Tea, Rum, Oolong Tea, White Tea and others), by Milk Type (Dairy and Non-Dairy), by Jelly Type (Tapioca Pearls, Basil  Seeds, Fruit, Gelatin and other), by Product Type (Smoothies, Milkshakes, Ready-to-Mix and others) and Region - Forecast to 2023


Market Synopsis of Bubble Tea Market:


Market Scenario:


Bubble tea was invented in Taiwan in 1980s and is made by blending a tea base with milk, fruit, fruit juices along with tapioca. The bubble tea can be served in both hot and cold form. The name bubble tea is derived because of tapioca balls, and the floating “bubbles” created by the vigorous shaking involved in its blending.


Bubble tea is popular hot drink in Hong Kong, China and Taiwan. Increasing demand of bubble tea in the European region especially from developed countries like U.K. and Italy is driving the bubble tea market since the last few years.  Many key manufacturers are expanding their beverage product portfolio by introducing bubble tea blended with fruit juices. Honeydew flavored bubble tea is one of the most popular bubble tea flavors across the globe. Bubble teas are generally offered in three distinct ways, a fruit-flavored cream drink, a sweetened fruit drink, or a fruit-flavored tea. Availability of various bubble tea type and improvement in bubble tea recipe will play the key role in bubble tea market growth.


 


Study Objectives of Bubble Tea Market:



  • This report provides a detailed analysis of the market segments and sub-segments. The data provided here, facilitates to estimate and forecast market-size by tea type, milk type, jelly type, product type and region. It also involves a descriptive analysis of the key driving forces that are influencing the market.

  • Furthermore, it provides a clear segregation as a part of regional level market analysis and estimates the market with respect to the four main geographies i.e. North America, Europe, Asia and the rest of the world (RoW) and their respective countries.

  • This report also offers a two-fold analysis (Value Chain Analysis & Supply Chain Analysis) of the targeted market i.e. Global Bubble Tea Market. Company profiles of a few of the major competitors of the market and their respective competitive strategies along with a concise mapping of the key stakeholders will also be one of the many insights that this report would offer.

  • Finally, this report covers the analysis of historical market trends and technologies along with current government regulatory requirements.


 


Intended Audience



  • Bubble Tea manufacturers

  • Tea manufacturers

  • Beverage industry

  • Retailers and wholesalers

  • Traders, importers and exporters


 


Key Findings:



  • Bubble tea market in Asia Pacific region will witness higher rate as compared to other regions

  • Smoothies made from bubble tea will dominate the market with major market share during the forecast period


 


Segments



  • Bubble tea market has been segmented on the basis of tea type which includes black tea, green tea, rum, oolong tea, white tea, and others. Green tea type will witness higher growth rate due to increasing consumption of green tea across the globe.

  • Bubble tea product has been segmented on the basis of milk type which comprises of dairy and non-dairy. Diary type bubble tea will continue to dominate the market as it is highly popular in the Asia Pacific region.

  • Bubble tea product has been segmented on the basis of jelly type which comprises tapioca pearls, basil seeds, fruit, gelatin and other. Bubble tea with tapioca pearls will grow at higher rate during the forecast period.

  • Bubble tea product has been segmented on the basis of product type which comprises smoothies, milkshakes, Ready-To-Mix and other. Smoothies made from bubble tea will grow at higher rate during the forecast period.


 


Regional Analysis


The Global Bubble Tea Market is segmented into North America, Europe, and Asia Pacific along with rest of the world (RoW). Asia Pacific region is estimated to dominate the market followed by Europe. China and Taiwan are the major bubble tea producers in the Asia Pacific region. China dominates the market in this region due to increasing consumption of blended tea drinks.  Increasing popularity of flavored tea from developed countries like U.K., Germany and Italy is influencing the market growth in the Europe region. Increasing awareness about health benefits of bubble tea is supporting the market growth in the North America region.


 


Key Players


The key players profiled in the Global Bubble Tea Market are as Bubble Tea House Company (U.K.), Bubblelicious Tea Ltd. (U.K.), Lollicup USA Inc. (U.S.), Sumo's (M) Sdn Bhd (Malaysia), CuppoTee Company (Taiwan), Ten Ren's Tea (Taiwan) and Gongcha (Hong Kong)


 


The Global Bubble Tea Market is segmented under the following regions mentioned below:


North America 



  • U.S.

  • Canada

  • Mexico


 


Europe



  • Germany

  • France

  • Italy

  • Spain

  • U.K.

  • Rest of Europe


 


Asia-Pacific



  • China

  • India

  • Australia

  • Japan

  • Rest of Asia Pacific


 


Rest of the world



  • Iran

  • Turkey

  • Saudi Arabia

  • South Africa

  • Others


The report for Global Bubble Tea Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.

     1. Executive Summary 

     

     2. Market Introduction

     2.1 Definition

     2.2 Scope of the study

     2.2.1 Research Objectives

     2.2.2 Assumptions

     2.2.3 Limitations

     2.3 Markets Structure

     2.4 Stakeholders

     

     3. Research Methodology

     3.1 Research Methods 

     3.1.1 Primary research

     3.1.2 Secondary research

     3.2 Forecast model

     3.3 Market Size estimation

     

     4. Market Dynamics

     4.1 Introduction

     4.1.1 Value chain analysis

     4.1.2 Porter’s five forces

     4.1.3 Supply Chain Analysis

     4.1.4 Macroeconomic indicators Analysis for top 5 Producing countries

5.    Market Trends

     5.1 Consumer Trends

     5.2 Trends in Production and Consumption

     5.3 Trade (Import-export) Analysis

     



     

     6. Global Bubble Tea Market-By Tea Type

     6.1 Introduction

     6.2 Market size (sub segments)

            6.2.1 Black Tea

            6.2.2 Green Tea

            6.2.3 Oolong Tea

            6.2.4 White Tea

            6.2.5 Others

7. Global Bubble Tea Market- By Milk Type

     7.1 Introduction

     7.2 Market size (sub segments)

            7.2.1 Dairy

            7.2.2 Non-Dairy

8. Global Bubble Tea Market- By Jelly Type

     8.1 Introduction

     8.2 Market size (sub segments)

            8.2.1 Tapioca Pearls

            8.2.2 Basil Seeds

            8.2.3 Fruit

            8.2.4 Gelatin

            8.2.5 Others

9. Global Bubble Tea Market- By TEA TYPE Type

     9.1 Introduction

     9.2 Market size (sub segments)

            9.2.1 Smoothies

            9.2.2 Milkshakes 

            9.2.3 Ready-To-Mix

            9.2.4 Others



10. MARKET -By Region

     10.1 Introduction

     10.2 North America 

     10.2.1 U.S.

     10.2.2 Canada

     10.2.3 Mexico 

     10.3 Europe

     10.3.1 Introduction

     10.3.1 Germany

     10.3.2 France

     10.3.3 Italy

     10.3.4 U.K.

     10.3.5 Spain

     10.3.6 Rest of Europe

     10.4 Asia Pacific

     10.4.1 China

     10.4.2 India

     10.4.3 Australia

     10.4.4 Rest of Asia-Pacific

     10.5 RoW

     10.5.1 Egypt

     10.5.2 South Africa

     10.5.3 Others

11. Competitive Landscape

     11.1 Introduction

     11.2 Product Launch/Development

     11.3 Partnerships and Collaborations

     11.4 Acquisitions

     11.5 Business Expansion

     



12. COMPANY PROFILES 

     12.1 Bubble Tea House Company (U.K.)

     12.2 Bubblelicious Tea (U.K.)

     12.3 Lollicup USA Inc. (U.S.)

     12.4 Sumo's (M) Sdn Bhd (Malaysia)

     12.5 CuppoTee Company (Taiwan)

     12.6 Ten Ren's Tea (Taiwan) 

     12.7 Gongcha (Hong Kong) 



LIST OF TABLES

TABLE 1 PESTLE ANALYSIS - U.S.    

TABLE 2 PESTLE ANALYSIS- CANADA

TABLE 3 PESTLE ANALYSIS- CHINA

TABLE 4 PESTLE ANALYSIS- INDIA

TABLE 5 PESTLE ANALYSIS- U.K.

TABLE 6 KEY SUPPLIERS OF RAW MATERIAL FOR BUBBLE TEA 

TABLE 7 GLOBAL MARKET FOR ALCOPOP, BY TEA TYPE, (2017–2023), USD MILLION

TABLE 8 GLOBAL MARKET FOR ALCOPOP, BY MILK TYPE, (2017–2023), USD MILLION

TABLE 9 GLOBAL MARKET FOR ALCOPOP, BY JELLY TYPE, (2017–2023), USD MILLION

TABLE 10 GLOBAL MARKET FOR ALCOPOP, BY PRODUCT TYPE, (2017–2023), USD MILLION

TABLE 11 GLOBAL BUBBLE TEA SALES AND GROWTH RATE (2017–2023) USD MILLION    

TABLE 12 GLOBAL MARKET FOR BUBBLE TEA TOP 5 COUNTRIES    

TABLE 13 GLOBAL MARKET FOR BUBBLE TEA TOP COMPANIES-USD MILLION

TABLE 14 AMERICAN GLOBAL MARKET FOR ALCOPOP, BY TEA TYPE, 2017-2023 (USD MILLION)    

TABLE 15 AMERICAN GLOBAL MARKET FOR ALCOPOP, BY MILK TYPE, 2017-2023 (USD MILLION) 

TABLE 16 AMERICAN GLOBAL MARKET FOR ALCOPOP, BY JELLY TYPE, 2017-2023 (USD MILLION) 

TABLE 17 AMERICAN GLOBAL MARKET FOR ALCOPOP, BY PRODUCT TYPE, 2017-2023 (USD MILLION) 

TABLE 18 EUROPEAN GLOBAL MARKET FOR ALCOPOP, BY TEA TYPE, 2017-2023 (USD MILLION)

TABLE 19 EUROPEAN GLOBAL MARKET FOR ALCOPOP, BY MILK TYPE, 2017-2023 (USD MILLION)

TABLE 20 EUROPEAN GLOBAL MARKET FOR ALCOPOP, BY JELLY TYPE, 2017-2023 (USD MILLION)

TABLE 21 EUROPEAN GLOBAL MARKET FOR ALCOPOP, BY PRODUCT TYPE, 2017-2023 (USD MILLION)

TABLE 22 APAC GLOBAL MARKET FOR ALCOPOP, BY TEA TYPE, 2017-2023 (USD MILLION)

TABLE 23 APAC GLOBAL MARKET FOR ALCOPOP, BY MILK TYPE, 2017-2023 (USD MILLION)

TABLE 24 APAC GLOBAL MARKET FOR ALCOPOP, BY JELLY TYPE, 2017-2023 (USD MILLION)

TABLE 25 APAC GLOBAL MARKET FOR ALCOPOP, BY PRODUCT TYPE, 2017-2023 (USD MILLION)

TABLE 26 REST OF THE WORLD GLOBAL MARKET FOR ALCOPOP, BY TEA TYPE, 2017-2023 (USD MILLION)

TABLE 27 REST OF THE WORLD GLOBAL MARKET FOR ALCOPOP, BY MILK TYPE, 2017-2023 (USD MILLION)

TABLE 28 REST OF THE WORLD GLOBAL MARKET FOR ALCOPOP, BY JELLY TYPE, 2017-2023 (USD MILLION)

TABLE 29 REST OF THE WORLD GLOBAL MARKET FOR ALCOPOP, BY PRODUCT TYPE, 2017-2023 (USD MILLION)

LIST OF FIGURES

FIGURE 1 RESEARCH METHODOLOGY    

FIGURE 2 PRIMARY DATA ANALYSIS APPROACH    

FIGURE 3 SECONDARY DATA ANALYSIS APPROACH    

FIGURE 4 TRENDS IN BUBBLE TEA IMPORTS 2011-16

FIGURE 5 GROWTH RATE IN BUBBLE TEA IMPORTS 2011-16

FIGURE 6 BUBBLE TEA IMPORTS MARKET SHARE BY TOP 5 IMPORTERS (2011 VS 2016)

FIGURE 7 TRENDS IN BUBBLE TEA EXPORTS 2011-16

FIGURE 8 GROWTH RATE BUBBLE TEA EXPORTS 2011-16

FIGURE 9 BUBBLE TEA EXPORTS MARKET SHARE BY TOP 5 EXPORTERS (2011 VS 2016)

FIGURE 10 VALUE CHAIN ANALYSIS    

FIGURE 11 COST ANALYSIS: BUBBLE TEA 

FIGURE 12 PORTER’S FIVE FORCES ANALYSIS    

FIGURE 13 GLOBAL MARKET FOR BUBBLE TEA TRENDS BY TEA TYPE    

FIGURE 14 GLOBAL MARKET FOR BUBBLE TEA TRENDS BY MILK TYPE     

FIGURE 15 GLOBAL MARKET FOR BUBBLE TEA TRENDS BY JELLY TYPE    

FIGURE 16 GLOBAL MARKET FOR BUBBLE TEA TRENDS BY PRODUCT TYPE    

FIGURE 17 FINANCIALS