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Pearl Milk Tea-Global Market Insights and Sales Trends 2025
Synopsis
Bubble tea (also known as pearl milk tea, bubble milk tea, boba juice, boba tea, or simply boba) is a Taiwanese tea-based drink invented in Tainan and Taichung in the 1980s. Most bubble tea recipes contain a tea base mixed with fruit or milk, to which chewy tapioca balls (known as bubbles, pearls, or boba) and fruit jelly are often added. Ice-blended versions are usually mixed with fruit or syrup, resulting in a slushy consistency. There are many varieties of the drink with a wide range of ingredients. The two most popular varieties are bubble milk tea with tapioca and bubble milk green tea with tapioca.
The global Pearl Milk Tea market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Pearl Milk Tea in various end use industries. The expanding demands from the Kids (Below 10 years), Teenagers (Below 25 years) and Adults,, are propelling Pearl Milk Tea market. Original Flavored Bubble Tea, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Fruit Flavored Bubble Tea segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Pearl Milk Tea market, driven by demand from China, the second largest economy with some signs of stabilising, the Pearl Milk Tea market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Pearl Milk Tea, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Pearl Milk Tea market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Pearl Milk Tea market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Pearl Milk Tea sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Pearl Milk Tea covered in this report include Kung Fu Tea, Gong Cha, Boba Guys, Chatime, ShareTea, 8tea5, Quickly, CoCo Fresh and VIVI BUBBLE TEA, etc.
The global Pearl Milk Tea market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Kung Fu Tea
Gong Cha
Boba Guys
Chatime
ShareTea
8tea5
Quickly
CoCo Fresh
VIVI BUBBLE TEA
Global Pearl Milk Tea market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Pearl Milk Tea market, Segment by Type:
Original Flavored Bubble Tea
Fruit Flavored Bubble Tea
Other Flavors
Global Pearl Milk Tea market, by Application
Kids (Below 10 years)
Teenagers (Below 25 years)
Adults
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Pearl Milk Tea manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Pearl Milk Tea in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Bubble tea (also known as pearl milk tea, bubble milk tea, boba juice, boba tea, or simply boba) is a Taiwanese tea-based drink invented in Tainan and Taichung in the 1980s. Most bubble tea recipes contain a tea base mixed with fruit or milk, to which chewy tapioca balls (known as bubbles, pearls, or boba) and fruit jelly are often added. Ice-blended versions are usually mixed with fruit or syrup, resulting in a slushy consistency. There are many varieties of the drink with a wide range of ingredients. The two most popular varieties are bubble milk tea with tapioca and bubble milk green tea with tapioca.
The global Pearl Milk Tea market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Pearl Milk Tea in various end use industries. The expanding demands from the Kids (Below 10 years), Teenagers (Below 25 years) and Adults,, are propelling Pearl Milk Tea market. Original Flavored Bubble Tea, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Fruit Flavored Bubble Tea segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Pearl Milk Tea market, driven by demand from China, the second largest economy with some signs of stabilising, the Pearl Milk Tea market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Pearl Milk Tea, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Pearl Milk Tea market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Pearl Milk Tea market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Pearl Milk Tea sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Pearl Milk Tea covered in this report include Kung Fu Tea, Gong Cha, Boba Guys, Chatime, ShareTea, 8tea5, Quickly, CoCo Fresh and VIVI BUBBLE TEA, etc.
The global Pearl Milk Tea market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Kung Fu Tea
Gong Cha
Boba Guys
Chatime
ShareTea
8tea5
Quickly
CoCo Fresh
VIVI BUBBLE TEA
Global Pearl Milk Tea market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Pearl Milk Tea market, Segment by Type:
Original Flavored Bubble Tea
Fruit Flavored Bubble Tea
Other Flavors
Global Pearl Milk Tea market, by Application
Kids (Below 10 years)
Teenagers (Below 25 years)
Adults
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Pearl Milk Tea manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Pearl Milk Tea in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Pearl Milk Tea Market Overview
1.1 Pearl Milk Tea Product Overview
1.2 Pearl Milk Tea Market Segment by Type
1.2.1 Original Flavored Bubble Tea
1.2.2 Fruit Flavored Bubble Tea
1.2.3 Other Flavors
1.3 Global Pearl Milk Tea Market Size by Type
1.3.1 Global Pearl Milk Tea Market Size Overview by Type (2018-2029)
1.3.2 Global Pearl Milk Tea Historic Market Size Review by Type (2018-2023)
1.3.3 Global Pearl Milk Tea Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Pearl Milk Tea Sales Breakdown by Type (2018-2023)
1.4.2 Europe Pearl Milk Tea Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Pearl Milk Tea Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Pearl Milk Tea Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Pearl Milk Tea Sales Breakdown by Type (2018-2023)
2 Global Pearl Milk Tea Market Competition by Company
2.1 Global Top Players by Pearl Milk Tea Sales (2018-2023)
2.2 Global Top Players by Pearl Milk Tea Revenue (2018-2023)
2.3 Global Top Players by Pearl Milk Tea Price (2018-2023)
2.4 Global Top Manufacturers Pearl Milk Tea Manufacturing Base Distribution, Sales Area, Product Type
2.5 Pearl Milk Tea Market Competitive Situation and Trends
2.5.1 Pearl Milk Tea Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Pearl Milk Tea Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Pearl Milk Tea as of 2022)
2.7 Date of Key Manufacturers Enter into Pearl Milk Tea Market
2.8 Key Manufacturers Pearl Milk Tea Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Pearl Milk Tea Status and Outlook by Region
3.1 Global Pearl Milk Tea Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Pearl Milk Tea Historic Market Size by Region
3.2.1 Global Pearl Milk Tea Sales in Volume by Region (2018-2023)
3.2.2 Global Pearl Milk Tea Sales in Value by Region (2018-2023)
3.2.3 Global Pearl Milk Tea Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Pearl Milk Tea Forecasted Market Size by Region
3.3.1 Global Pearl Milk Tea Sales in Volume by Region (2024-2029)
3.3.2 Global Pearl Milk Tea Sales in Value by Region (2024-2029)
3.3.3 Global Pearl Milk Tea Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Pearl Milk Tea by Application
4.1 Pearl Milk Tea Market Segment by Application
4.1.1 Kids (Below 10 years)
4.1.2 Teenagers (Below 25 years)
4.1.3 Adults
4.2 Global Pearl Milk Tea Market Size by Application
4.2.1 Global Pearl Milk Tea Market Size Overview by Application (2018-2029)
4.2.2 Global Pearl Milk Tea Historic Market Size Review by Application (2018-2023)
4.2.3 Global Pearl Milk Tea Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Pearl Milk Tea Sales Breakdown by Application (2018-2023)
4.3.2 Europe Pearl Milk Tea Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Pearl Milk Tea Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Pearl Milk Tea Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Pearl Milk Tea Sales Breakdown by Application (2018-2023)
5 North America Pearl Milk Tea by Country
5.1 North America Pearl Milk Tea Historic Market Size by Country
5.1.1 North America Pearl Milk Tea Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Pearl Milk Tea Sales in Volume by Country (2018-2023)
5.1.3 North America Pearl Milk Tea Sales in Value by Country (2018-2023)
5.2 North America Pearl Milk Tea Forecasted Market Size by Country
5.2.1 North America Pearl Milk Tea Sales in Volume by Country (2024-2029)
5.2.2 North America Pearl Milk Tea Sales in Value by Country (2024-2029)
6 Europe Pearl Milk Tea by Country
6.1 Europe Pearl Milk Tea Historic Market Size by Country
6.1.1 Europe Pearl Milk Tea Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Pearl Milk Tea Sales in Volume by Country (2018-2023)
6.1.3 Europe Pearl Milk Tea Sales in Value by Country (2018-2023)
6.2 Europe Pearl Milk Tea Forecasted Market Size by Country
6.2.1 Europe Pearl Milk Tea Sales in Volume by Country (2024-2029)
6.2.2 Europe Pearl Milk Tea Sales in Value by Country (2024-2029)
7 Asia-Pacific Pearl Milk Tea by Region
7.1 Asia-Pacific Pearl Milk Tea Historic Market Size by Region
7.1.1 Asia-Pacific Pearl Milk Tea Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Pearl Milk Tea Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Pearl Milk Tea Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Pearl Milk Tea Forecasted Market Size by Region
7.2.1 Asia-Pacific Pearl Milk Tea Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Pearl Milk Tea Sales in Value by Region (2024-2029)
8 Latin America Pearl Milk Tea by Country
8.1 Latin America Pearl Milk Tea Historic Market Size by Country
8.1.1 Latin America Pearl Milk Tea Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Pearl Milk Tea Sales in Volume by Country (2018-2023)
8.1.3 Latin America Pearl Milk Tea Sales in Value by Country (2018-2023)
8.2 Latin America Pearl Milk Tea Forecasted Market Size by Country
8.2.1 Latin America Pearl Milk Tea Sales in Volume by Country (2024-2029)
8.2.2 Latin America Pearl Milk Tea Sales in Value by Country (2024-2029)
9 Middle East and Africa Pearl Milk Tea by Country
9.1 Middle East and Africa Pearl Milk Tea Historic Market Size by Country
9.1.1 Middle East and Africa Pearl Milk Tea Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Pearl Milk Tea Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Pearl Milk Tea Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Pearl Milk Tea Forecasted Market Size by Country
9.2.1 Middle East and Africa Pearl Milk Tea Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Pearl Milk Tea Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Kung Fu Tea
10.1.1 Kung Fu Tea Company Information
10.1.2 Kung Fu Tea Introduction and Business Overview
10.1.3 Kung Fu Tea Pearl Milk Tea Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Kung Fu Tea Pearl Milk Tea Products Offered
10.1.5 Kung Fu Tea Recent Development
10.2 Gong Cha
10.2.1 Gong Cha Company Information
10.2.2 Gong Cha Introduction and Business Overview
10.2.3 Gong Cha Pearl Milk Tea Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Gong Cha Pearl Milk Tea Products Offered
10.2.5 Gong Cha Recent Development
10.3 Boba Guys
10.3.1 Boba Guys Company Information
10.3.2 Boba Guys Introduction and Business Overview
10.3.3 Boba Guys Pearl Milk Tea Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Boba Guys Pearl Milk Tea Products Offered
10.3.5 Boba Guys Recent Development
10.4 Chatime
10.4.1 Chatime Company Information
10.4.2 Chatime Introduction and Business Overview
10.4.3 Chatime Pearl Milk Tea Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Chatime Pearl Milk Tea Products Offered
10.4.5 Chatime Recent Development
10.5 ShareTea
10.5.1 ShareTea Company Information
10.5.2 ShareTea Introduction and Business Overview
10.5.3 ShareTea Pearl Milk Tea Sales, Revenue and Gross Margin (2018-2023)
10.5.4 ShareTea Pearl Milk Tea Products Offered
10.5.5 ShareTea Recent Development
10.6 8tea5
10.6.1 8tea5 Company Information
10.6.2 8tea5 Introduction and Business Overview
10.6.3 8tea5 Pearl Milk Tea Sales, Revenue and Gross Margin (2018-2023)
10.6.4 8tea5 Pearl Milk Tea Products Offered
10.6.5 8tea5 Recent Development
10.7 Quickly
10.7.1 Quickly Company Information
10.7.2 Quickly Introduction and Business Overview
10.7.3 Quickly Pearl Milk Tea Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Quickly Pearl Milk Tea Products Offered
10.7.5 Quickly Recent Development
10.8 CoCo Fresh
10.8.1 CoCo Fresh Company Information
10.8.2 CoCo Fresh Introduction and Business Overview
10.8.3 CoCo Fresh Pearl Milk Tea Sales, Revenue and Gross Margin (2018-2023)
10.8.4 CoCo Fresh Pearl Milk Tea Products Offered
10.8.5 CoCo Fresh Recent Development
10.9 VIVI BUBBLE TEA
10.9.1 VIVI BUBBLE TEA Company Information
10.9.2 VIVI BUBBLE TEA Introduction and Business Overview
10.9.3 VIVI BUBBLE TEA Pearl Milk Tea Sales, Revenue and Gross Margin (2018-2023)
10.9.4 VIVI BUBBLE TEA Pearl Milk Tea Products Offered
10.9.5 VIVI BUBBLE TEA Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Pearl Milk Tea Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Pearl Milk Tea Industrial Chain Analysis
11.4 Pearl Milk Tea Market Dynamics
11.4.1 Pearl Milk Tea Industry Trends
11.4.2 Pearl Milk Tea Market Drivers
11.4.3 Pearl Milk Tea Market Challenges
11.4.4 Pearl Milk Tea Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Pearl Milk Tea Distributors
12.3 Pearl Milk Tea Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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