![]() The set is available in eight different flavors along with 14 different toppings much to the joy of the consumers in Australia. The region witnessed the launch of The Bubble Tea Club that is delivering DIY Boba sets across several households. Furthermore, the competitive landscape has been discussed in-depth that include information of several players operating in the market.įor instance, in April 2020, during the ongoing lockdown in Australia, the fans of Boba were in for sweet news. The report covers regional demographics that include qualitative and quantitative information about the regions that are further divided into nations that are contributing to the growth of the market until 2027. ![]() The bubble tea market report includes an exhaustive study of several factors such as drivers, restraints, challenges, and opportunities that will affect the growth of the market in the forthcoming years. List of Companies Profiled Bubble Tea Market Research Report are Moreover, being relatively cheap and easily available, it is relished by a majority of people. In addition to this, there are several attributes such as low fat in nature and a low-calorie content that makes this beverage an instant hit among people.įurthermore, the most popular type of bubble tea is the classic milk bubble tea that contains tapioca pearls. The most popular beverage in Southeast Asia, it has been associated with several names such as Boba juice, Boba tea, bubble milk tea, and pearl milk tea, among others. Recipe for this tea includes tea leaves of some kind, varied flavors of milk, and sugar as optional that are used to enhance its taste. The reports states that the market share was valued at USD 2.02 billion in 2019.īubble tea is a type of Taiwanese tea that was invented in the cities of Tainan and Taichung back in the year 1980s. Fortune Business Insights™, in its latest published report. 26, 2021 (GLOBE NEWSWIRE) - The global bubble tea market size is expected to reach USD 3.39 billion by 2027, exhibiting an augmented CAGR of 7.2% during the forecast period. Companies covered in bubble tea market report are ChaTime, Bubble Tea Supply Inc., Gong Cha, CoCo Fresh, Quickly, Kung Fu Tea, Tiger Sugar Korea, Boba Loca, Happylemon, Lollicup USA, Inc., ShareTea, T Bun International, and more players profiled
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