Bubble tea: A sweet treat that went global

Bubble tea is also called as pearl milk tea or bubble milk tea. It is a Taiwanese based drink which was invented in Tainan and Taichung in the 1980s. Bubble tea mainly contains tea leaves, flavors of milk and sugar. Toppins such as popping boba, fruit jelly, grass jelly, agar jelly, and puddings are added to enhance the flavor. The black pear tea and green pearl tea are the most popular category among the bubble tea. Bubble tea serves as a substitute for green tea, as it is highly cost-effective as compared to green tea. Most common flavors preferred by users in bubble tea includes chocolate, passion fruit, honeydew, taro, plum, lychee, strawberry, ginger, coffee, peach, and mango.

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Heath benefits associated with the bubble tea and expansion of the retail market in developing countries are the major factors anticipated to propel the growth of the bubble tea market. Moreover, the price of bubble tea is low as compared to other tea products available in the market which further boost the bubble tea market. However, the availability of substitute products such as coffee and the addition of artificial preservatives & color and excess sugar in the bubble tea are the factors projected to hinder the growth of the market. The key players in the market can gain maximum share in the bubble tea market by and introducing new and innovative flavors.

The List of Companies

1. Boba box Limited
2. Bubble Tea House Company
3. CUPPO TEE COMPANY LIMITED
4. Fokus Inc.
5. Gong Cha
6. Lollicup USA, Inc.
7. Qbubble Troika J C Inc
8. Sumo's (M) Sdn Bhd
9. Ten Ren's Tea Time
10. The Bubble Tea Company (PTY) LTD

The "Global Bubble Tea Market Analysis to 2027" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the bubble tea market with detailed market segmentation by ingredient, flavors, distribution channel, and geography. The global bubble tea market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading bubble tea market players and offers key trends and opportunities in the market.