LONDON--(BUSINESS WIRE)--Technavio has been monitoring the bubble tea market and it is poised to grow by USD 963.05 mn during 2019-2023, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request a free sample report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Fanale Drinks, Fokus, GRAND CHAINLY, HUEY-YUHE ENTERPRISE, and Lollicup USA, are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Accessibility and availability of the products has been instrumental in driving the growth of the market.
Bubble Tea Market 2019-2023 : Segmentation
Bubble Tea Market is segmented as below:
-
Base ingredients
- Black Tea
- Green Tea
- Others
-
Component
- Flavor
- Creamer
- Sweetener
- Tapioca Balls
- Popping Balls
- Others
-
Geographic Landscape
- Americas
- APAC
- EMEA
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR30453
Bubble Tea Market 2019-2023 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our bubble tea market report covers the following areas:
- Bubble Tea Market Size
- Bubble Tea Market Trends
- Bubble Tea Market Industry Analysis
This study identifies introduction of new flavors as one of the prime reasons driving the bubble tea market growth during the next few years.
Bubble Tea Market 2019-2023 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Bubble Tea Market, including some of the vendors such as Fanale Drinks, Fokus, GRAND CHAINLY, HUEY-YUHE ENTERPRISE, and Lollicup USA. Backed with competitive intelligence and benchmarking, our research reports on the Bubble Tea Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Bubble Tea Market 2019-2023 : Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist bubble tea market growth during the next five years
- Estimation of the bubble tea market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the bubble tea market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of bubble tea market vendors
Table Of Contents :
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY COMPONENT
- Flavor
- Creamer
- Sweetener
- Tapioca balls and popping balls
- Others
PART 07: MARKET SEGMENTATION BY BASE INGREDIENT
- Market segmentation by base ingredient
- Comparison by base ingredient
- Black tea - Market size and forecast 2018-2023
- Green tea - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by base ingredient
PART 08: CUSTOMER LANDSCAPE
PART 09: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- EMEA - Market size and forecast 2018-2023
- Americas - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Introduction of new flavors
- Development of bubble tea-infused dishes
- Advent of liquor-based bubble tea beverages
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Fanale Drinks
- Fokus
- GRAND CHAINLY
- HUEY-YUHE ENTERPRISE
- Lollicup USA
PART 14: APPENDIX
- Research methodology
List of abbreviations
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