Tea consumption per capita in the UK is 1.3 kg for 2019. After decades of slowly increasing in popularity, the big bubble tea boom happened in 2018. 5. According to the CXOs, Europe is projected to register significant growth as compared to Asia-Pacific and North America due to rapid urbanization, rise in consumption of healthy beverages, and low price of bubble tea. This segment does not include herbal tea, instant tea, iced tea or similar tea-derived Ready-to-Drink beverages. In this article, I'll be sharing detailed statistics on bubble tea consumption - so if you're as curious as I am about this popular beverage, read on! Statista.
Bubble Tea Market Analysis, Growth & Forecast 2027 - Yahoo! Rising consumption of tea and coffee as nootropic drinks among students and working-class population is a key factor for the market growth. For one, there are all of the sweet flavors and fun combinations of ingredients you can get. Among various flavors, fruit flavor is more popular, and this segment dominated the market in 2019. Although people of all ages frequently enjoy bubble teas across the globe, younger people tend to drink them more frequently. That number increases when you go up in size to 469 calories and only gets worse as you add in more toppings or extra flavors. Book your free consultation and let our research experts help you with your needs/problems. This can be attributed to rise in the popularity of bubble tea with black tea as a base ingredient across the globe. What are the key factors driving the market? Bubble Tea Popularity Statistics Singapore - Emkan.me Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Pearls or boba color varies depending on the additives added to the tapioca and this segment is one of the most trending bubble tea across the world. Furthermore, the shift of millennials toward such products owing to their demand for superior quality tea varieties with unique flavor offerings has aided in the growth. Clicking on the following button will update the content below. The consumption of organic tea rose by 1.06 million gallons in 2018. Aug 24, 2022 03:14pm. Find the most up-to-date statistics and facts on the tea market in Canada. Tea in Australia - Wikipedia The global COVID-19 pandemic has been unprecedented and staggering, with bubble tea experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. But the most important thing to love is that its a beverage category that has grown by leaps and bounds over the past ten years or so, with seemingly no end in sight. Adolescents drink too much caffeine - Medical News Today Based on the distribution channel, online retailing is expected to exhibit a CAGR of 11.9%. 9. To understand the global market potential, growth, and scope, the market is segmented based on base ingredients (black tea, green tea, oolong tea, white tea, others), flavor (original, flavored (nut-flavored, chocolate, fruit, honey, mocha, caramel, vanilla, coconut), sugar content (regular, reduced sugar/sugar-free) format (ready-to-drink, instant mixes), toppings (pearl, grass jelly, coconut jelly, red bean, multiple/ others), distribution channel (direct (B2B), indirect (B2C) (hypermarket/ supermarket, convenience store, grocery retailers, wholesale, other store-based retailing), online retailing), and region. Originally created in Taiwan in the 1980s, bubble tea has quickly exploded in popularity.
The bubble tea market was valued at $2.4 billion in 2019 and is estimated to reach $4.3 billion by 2027, registering a CAGR of 7.80% from 2020 to 2027. Among participants, 647 (88%) consumed less . It looks like the bubble tea craze isn't going anywhere soonat least, according to GrabFood data that states bubble tea orders in Southeast Asia saw a 3,000 percent growth rate in 2018. Introduced to China in the early 1990s, it quickly became one of the most popular drinks in the nation. For instance, the base ingredients required for the preparation of black or green tea are exported from India, but due to the imposed regulations, companies were unable to process the demands of the manufacturers. Bubble tea is a drink made from tea (usually black tea), milk, syrup, and a special ingredient that captivates the hearts of Chinese people: tapioca pearls. You can find bubble tea in these countries if youre traveling the world: Taiwan, Japan, South Korea, China, United Kingdom, Australia, Canada, United States, Germany, Mauritius, South Africa, Brazil, and more! 11.2% of Victorian adults consume sugar sweetened beverages daily. info@pearllemongroup.com. According to the recent report by FMI, based on base ingredient type, the green tea segment is expected to dominate the market over the forecast period. In 2020-21, of people aged 18 years and over: 6.4% consumed sugar sweetened drinks daily. Nigeria, specifically, has become a hub for cassava production. Your email address will not be published. This bubble tea craze has taken over. (Caffeine Informer) Bubble teas distinct flavor, easy product availability, and numerous varieties offered will help the market to flourish. Bubble tea typically sells for about $3 to $5 for a 16- to 20-ounce serving. Bubble tea is extremely high in calories. Although the drink was originally created in Taiwan, its signature ingredient is primarily grown in Nigeria, Thailand, Indonesia, and Brazil. Filipinos rank second highest bubble tea drinkers in Southeast Asia Coffee and Tea Marketing & Industry Trends Shaping 2023 - Linchpin Bubble Tea Market Analysis Report 2023 Along with Statistics Figures If you love bubble tea and are looking for a make your own bubble tea kit, this is the place! Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. Nearly everyone in Thailand enjoys drinking bubble tea, to the point that they have surpassed every other country in the amount that they drink! Bubble Tea Market Size, Share and Trends | Research Report - 2027 Bubble tea is known for its sweet taste. Such initiatives further support the immense growth opportunities for the companies. Address Shop 14, 375 William Street, Northbridge, Western Australia, WA, Australia 6003 Phone Number 0434039801 Categories Bubble Tea Shop, Tea Room Malaysia has 74 bubble tea brands, can you tell them all apart? Over 90% of the tea consumed is Black Tea, about 5% Green Tea, 1% Oolong Tea and the balance flavored, scented, or mixed teas. Asia Pacific is expected to dominate the market during the forecast period. +44 208 097 3636. PDF Demographic Summary - TeaUSA Porters five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplierbuyer network. Countries such as Vietnam and Taiwan are projected to have the largest sales. Bubble Tea Market Share, Size and Industry Growth Analysis 2021-2026 Pour into a glass, and add tapioca. The outbreak of COVID-19 forced government bodies to impose strict closure of restaurants, farms, and factories to maintain safety measures and implement social distancing. Bubble milk tea has emerged as one of Gen Zs trademarks as its consumption is highly witnessed by the young generation as compared to any other age group. Ltd. https://www.futuremarketinsights.com/reports/sample/rep-gb-12310, https://www.futuremarketinsights.com/customization-available/rep-gb-12310, https://www.futuremarketinsights.com/checkout/12310, https://www.futuremarketinsights.com/ask-question/rep-gb-12310, https://www.futuremarketinsights.com/reports/bubble-tea-market, https://www.futuremarketinsights.com/reports, Ready to Drink Shakes Market Outlook (2022-2032). Data at LGA level is also presented. That is approximately four cups of brewed coffee, 10 cans of cola or two "energy shot . There are six official types of bubble tea. Bubble Tea Market Analysis, Growth & Forecast 2027 | Major If youre looking for a sweet, refreshing drink that doesnt compromise on flavor or quality, bubble tea is the answer. In 2018, there were over 450,000 shops selling bubble tea in China. The global bubble tea market size was valued at USD 2.17 billion in 2021. https://www.grandviewresearch.com/industry-analysis/bubble-tea-market, https://foodinstitute.com/focus/survey-millennials-gen-z-big-fans-of-bubble-tea/, https://youthinsight.com.au/brands/more-girls-aware-of-bubble-tea-than-boys/, https://www.cnn.com/travel/article/taiwan-bubble-tea-origins/index.html, https://www.duluthnewstribune.com/8-things-you-might-not-know-about-bubble-tea-and-other-unexpected-holidays-this-week, https://www.fortunebusinessinsights.com/industry-reports/bubble-tea-market-101564, https://www.organicfacts.net/health-benefits/herbs-and-spices/bubble-tea.html, https://chinamarketadvisor.com/what-is-boba-and-why-is-it-so-popular/, https://theaseanpost.com/article/southeast-asias-bubble-tea-craze, https://www.worldteanews.com/Insights/millennials-and-gen-z-drive-21st-century-tea-preferences, https://www.honestfoodtalks.com/bubble-tea-flavors-boba-toppings/, https://www.healthline.com/nutrition/boba-cancer, https://mtalvernia.sg/education/whats-in-my-bubble-tea/, Tea thats infused with milk or another liquid, Artificial sweetener like stevia or sugar (more on this below), Special straws designed to make the best bubbles possible. It is made using green tea, white tea, black tea, or oolong tea. (World Atlas)3.The USA ranks 11th among the countries with the highest caffeine consumption, with a rate of 200 mg per person per day. a more convenient consumption option, compared with hot cereals, which can require the addition of boiling water or milk. Choice Reviews Reveal Australian Tea Trends | World Tea News
The 30 Tea Drinkers vs. Coffee Drinkers Statistics. A South Australian Health Omnibus Survey (SAHOS) done in 2014 showed that there was a . Some of the most popular fruit flavors include strawberry, blueberry, green apple, pineapple, passion fruit, mango, lemon, watermelon, grape, peach, cantaloupe, banana, and kiwi among others. Bubble tea can be found in over 30 countries. 1 2 3 8. Studies showed that green tea-based milk tea is proven to be beneficial for lowering blood pressure and the risk of cancer. The mean age of study participants was 24 years and the age range was 18 or older to younger than 30 years. In Asia, however, it is equally popular among men and women and is seen as a cultural phenomenon. Since our launch, weve worked on more than 1,000 projects for clients around the world. Bakery Products Market Share: The global bakery products market is estimated to reach US$ 235 Mn in 2022. 50 Bubble Tea Facts That You Should Know About It also offers a detailed analysis of the market size and growth rate for all possible market segments. Versatility in flavor, health benefits, and social media trends drive the market. Bubble Tea Consumption Statistics (2017-2021) Vs Market Estimations (2022-2032) During 2017-2021, the global bubble tea target market expanded at a value CAGR of 6.3%.. 8. Australia: 0.75 kg (1.65 lb) 17 Emerging countries such as China, India and Brazil growing with the CAGR of 8%, 9.5%, and 8.3% respectively. . In addition, aggressive advertisements and celebrity end orsements have also helped the global market to pave its way toward growth. Bubble tea got its name from the tapioca balls because when theyre added to the drink and shaken, the balls expand and pop, creating a popping soundor bubbling.. Our objective was to assess the nutritional profile of popular menu items available through OFD applications in Bangkok, Thailand. It is expected to be the fastest growing segment owing to consumers' inclination towards the convenience offered. Bubble tea is also known as pearl milk tea. Industrial Alcohol Market Volume: The global industrial alcohol market size is set to be valued at US$ 110.3 Bn in 2022 and it is expected to grow at a CAGR of 7.6% from 2022 to 2032. 10. The market is projected to grow from USD 2.29 billion in 2022 to USD 3.78 billion by 2029, exhibiting a CAGR of 7.40% during the forecast period. Due to widespread popularity and prevailing trends as well as the presence of many bubble tea manufacturers in this region, the bubble tea market in China is expected to continue to flourish over the forecast period. 14. Due to social media, bloggers documenting their bubble tea experience, and other factors, bubble tea stores continue to flourish and expand their offerings in this region. This, along with the rise in dairy alternatives is fueling market growth of bubble tea in the U.S. China bubble tea market is forecasted to grow at a 7.5% CAGR. In addition, as Europe is not highly indulged in tea production and mostly relies on other regions for the supply of tea, it somehow limits the market growth. Moreover, based on the study by the finance-based startup, Momentum Works and payment startup, Qlub, Indonesias bubble milk tea market ranked first among all the Southeast Asian countries. December 17, 2022. With shops all around the world in many major cities, its easy to indulge your bubble tea craving when you want to! However, the consumption of tea is not as prominent as the popularity of coffee in South American countries such as Argentina and Brazil. For those looking to cut back on sugar, bubble tea may not be the best choice. Ltd.
However, the chocolate flavor segment is expected to witness highest growth, owing to increase in its popularity of in all age groups for all flavored beverages and rise in awareness of health benefits of chocolate among consumers. SINGAPORE ( THE BUSINESS TIMES) - Bubbling excitement for bubble tea across South-east Asia has helped the industry grow to a whopping US$3.7 billion ($5.1 . Future Market Insights Global and Consulting Pvt. There are many varieties of the drink with a wide range of ingredients. Tea in Australia | Market Research Report | Euromonitor Tea is a beverage made by pouring hot water over cured leaves. The United States and Australia were both introduced to bubble tea in the mid-1990s, and it has been growing in popularity ever since. The two businesses are known for their zingy fruit tea drinks. Pour tea, milk, and 4 teaspoons sugar into a cocktail shaker. The ICC World Test Championship final will be played in The Oval, London from June 7 to 11, where the conditions are pacer-friendly. The United States and Australia were both introduced to bubble tea in the mid-1990s, and it has been growing in popularity ever since. 'Revenge bubble tea drinking': Shanghai awakes from Covid lockdown The percentage of tea that is consumed which is green tea: 15%. The availability of different types of milk tea offers numerous options for consumers to enjoy. In this era, the growing consumer preferences for products depend on various factors such as choice of taste, price, brand, and location accessibility. Rinse, drain, and refrigerate until chilled. . The green tea segment was the highest contributor to the market, with $16,362 million in 2019, and is estimated to reach $26,110 million by 2027, at a CAGR of 9.8% during the forecast period. Presently, themarket is moving toward growing stage and is expected to garner steady growth in major markets, which include the U.S., Germany, China, India, and Brazil. Pearl Lemon Boba Unit 4 Building, 250 North End Rd, London SW6 1NJ, United Kingdom. Who are the leading players in the market? A. Additionally, due to Australia's climate, tea is able to be grown and produced in northern Australia. Future Market Insights Inc.Christiana Corporate,200 Continental Drive,Suite 401, Newark,Delaware - 19713, USAT: +1-845-579-5705Report: https://www.futuremarketinsights.com/reports/bubble-tea-marketFor Sales Enquiries: sales@futuremarketinsights.comBrowse all Reports: https://www.futuremarketinsights.com/reportsLinkedIn|Twitter|Blogs. USD 1,195. The bright colors and availability of sweet and fruity flavors especially appeal to children . A. For instance, in April 2020, a bubble tea company Chatime launched oat milk-based tea such as Chatime Pearl Milk Tea and Grass Jelly Roasted Milk Tea for lactose intolerant consumers. 7.3.9.1. And if youre looking for all the facts and figures that back up our claim, you have this blog post. Bubble Tea Market - Persistence Market Research For instance, in September 2021, Dubai witnessed the opening of various new tea outlets serving bubble tea across the country. All rights reserved. This can be attributed to the availability of various options such as combination of various liquid flavors and syrups. Bubble tea is made by adding fruit syrup or milk to (usually cold) tea and then shaking the . That means 24 countries have higher consumption rates that are worth targeting. Quick Facts. As a result, other plant-based hot . Apart from the variety of flavors available, one of the primary elements fueling the expansion of bubble tea Industry is the health benefits. Required fields are marked *. The two most popular varieties are bubble milk tea with tapioca and bubble milk green tea with tapioca. According to ourlatest study, due to COVID-19 pandemic, the global Bubble Tea market size is estimated to be worth USD 8295.5 million in 2021 and is forecast to a readjusted size of USD 26870 . Because of its proximity to Taiwan, where bubble tea was created, China quickly became a fan of the sweet beverage. All Rights Reserved. Bubble Tea: What Happened To A 14-Year-Old Who Drank It - Forbes In addition, the growing gastronomic tourism, rising number of health-conscious individuals, and increased social media influences further paved the way toward growing potential. The bubble tea market was valued at $2.4 billion in 2019 and is estimated to reach $4.3 billion by 2027, registering a CAGR of 7.80% from 2020 to 2027. A. The segment will depict a robust 11.8% CAGR and account for more than 26% of the market share. The global COVID-19 pandemic has been unprecedented and staggering, with bubble tea experiencing lower-than-anticipated demand . PDF A Cross-sectional Study on Knowledge, Attitude and Practice of Bubble Let's assume that the daily maintenance calories for an average adult man are 2,500 kcal, and for an average adult . Most other Southeastern Asian countries drink three cups monthly on average. Who drinks bubble tea? What statistics can tell us about - Australia This was attributed due to rise in the consumption of tea based everages across the world. Aug 16, 2022, 1:25 PM SGT. The black tea segment is projected to grow at a significant CAGR during the forecast period, owing to its increased preference by health-conscious consumers across every region. However, the sweeteners segment is expected to witness the highest growth, owing to rise in demand for sweet beverages across the globe. Consumption declines with age. This can be attributed to change in preference of consumers toward healthy beverages and better taste. Looking forward to work together in the future, It has been a delightful experience working with you guys. Bubble tea consumption statistics - pearllemonboba.com We use cookies to enhance your experience. Tea stands were set up in front of the schools and would compete for business with the best selling tea. Very satisfied with the overall report as it has helped me to build strategies for my business, This is regarding the recent report I bought from Fortune Business insights. Rohit Sharma hints at using green pitch in 4th Test against Australia Request a Free sample to learn more about this report. The market value of the bubble tea market is anticipated to reach a high of US$ 5.82 billion by the year 2032. Bubble tea has been gaining traction in emerging markets, owing to rise in its popularity.Furthermore, growth in health consciousness and increase in adoption of healthy beverages such as green tea, black tea, oolong tea, and white tea among consumers drive the market growth. All these aspects necessitate the manufacturers to develop premium quality teas by keeping the consumer demands in mind. Sunset Yellow FCF Market Sales: The sunset yellow FCF sales are slated to grow at a CAGR of 6.25% between 2022 and 2032, totaling a market valuation of US$ 150 Mn by 2032. However, excess sugar content in these drinks leading to health issues and trend of coffee consumption are expected to restrict the market growth. If theres one thing you can count on, its that bubble tea is going to be more popular among women than men. The closure of Shanghai . Girls and women are the primary demographic among bubble tea drinkers, with 95% having tried it. 7.1% consumed diet drinks daily. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive, Please pass on our sincere thanks to the whole team at Fortune Business Insights. The global bubble tea market size was valued at USD 2.17 billion in 2021. The market is projected to grow from USD 2.29 billion in 2022 to USD 3.78 billion by 2029, exhibiting a CAGR of 7.40% during the forecast period. Such challenges cumulatively hamper the growth potential of the global market. Health beneficial attributes such as low-fat, low-calorie content, and presence of anti-inflammatory properties are the key driving factors of the market. The emerging players in the Bubble Tea Market are Bubble Tea Supply Inc., ChaTime, CoCo Fresh, Quickly, Kung Fu Tea, Boba Loca, Happylemon, Share Tea, T Bun International, Fanale Drinks, Grand Chainly, and Huey-Yuhe Enterprise. 17 Aug 2022 12:37PM (Updated: 17 Aug 2022 06:16PM) SINGAPORE: Bubble tea lovers in Southeast Asia spend US$3.66 billion a year on the beverage and similar "new tea" drinks, with Singapore . Bubble tea truly is an international drink! It looks quite comprehensive and the data is exactly what I was looking for. Tea industry statistics, analysis, market share, market reports The global organic tea market size was USD 820.8 million in 2019 and it is projected to reach USD 1,918.7 million by 2027, exhibiting a CAGR of 11.2% during the forecast period. 1.In 2019, 64% of Americans aged 18 and over drank coffee every day. 5. Bubble Tea History The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: The Hot Drinks market segment, Tea, consists of black tea, green tea and mate sold in tea bags or as loose-leaf tea. Various key insights presented in the report are an overview of related markets, competitive landscape, recent industry developments such as mergers & acquisitions, regulatory scenario in critical countries, and key bubble tea industry trends. Future Market Insights Global and Consulting Pvt. Green tea. Bubble tea consumption statistics show that Thais drink six bubble teas per month. China is one of the prominent regions in the market that accounted for a sizeable share of the total market in 2019. Pune, India, Oct. 26, 2021 (GLOBE NEWSWIRE) -- The global bubble tea market size is expected to reach USD 3.39 billion by 2027 . From Farmer Welfare and Supply Chain to the Latest Trends, Tea Experts Share Insights. Bubble tea is often seen as a sweet, fruity, and more feminine drink in the western world, particularly with its multi-colored straws and cute cartoon packaging designs. Whether youre feeling something sweet, fruity, and refreshing, something soothing and tea-like, or a slushy smoothie like-drink, bubble tea has you covered. Bubble tea has a milk base and includes ingredients like chewy tapioca balls, or fruit jelly and boba. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); We're Soocial, a leading branding agency with a passion for creating memorable names and internationally-renowned brands. Accelerated demand for healthier beverage alternatives to carbonated drinks coupled with shifts in consumer preferences is fueling market growth for bubble tea. Young people between ages 20 and 29 are interested in bubble tea. Consumption of black tea is highly promoted due to its strong antioxidant, anti-aging, and anti-diabetic properties. Increasing Inclination of Consumers toward Versatile Teas with Innovative Bold Flavors is a Prominent Trend. A. Also, due to the strong dependency on Asian countries to source raw materials, such as tapioca balls, from Taiwan, it hinders the production process and impacts their overall operations. The devotion to bubble tea is so fanatical that in 2020, at the cusp of the circuit breaker, an argument broke out between a food rider and store employees about a hold-up in orders. 87% of American millennials drink tea, including bubble tea. Bubble tea is also known as (Zhen Zhu Nai Cha) directly translates to pearl milk tea, but is also known as boba tea in . It's the second most-consumed drink in the world, only behind water. Remarkable job and great efforts by your research team. This growth is fueled by the perceived health benefits of green tea. Symptoms of . The Market for Bubble Tea in North America to be the Most Dominant & Fastest Growing. Australians drink tea and have afternoon tea and morning tea much the way the British do. Reduced sugar/ sugar-free bubble tea will gain traction over the assessment period. However, Europeis expected to grow with the highest CAGR throughout the forecast period, owing toaggressive advertising and celebrity brand endorsement and increasein the awareness of bubble tea in theregion. Europe also witnessed growth in the pearl milk tea market around the same time as other Asian countries. The chewy tapioca balls or pearls are undoubtedly the stars of any bubble tea drink. But did you know that there are six different types of bubble tea? With bubble teas sudden increase in popularity, it should be no surprise that the industry is only expected to keep growing. 4. Moreover, rise in consumption of flavored bubble tea in young generation fuels thebubble tea market growth. Tea market in Canada - statistics & facts | Statista The market for Hot Drinks is structured into retail sales for at home consumption and on-premise or foodservice sales for out-of-home consumption. According to the report, bubble tea orders had increased at a whopping 3,000 percent in 2018. The types include milk tea, black tea, fresh fruit tea, smoothies or milkshakes, fresh milk, and salted cream. The price per unit in the out-of-home market always references the total price over the amount of tea consumed, regardless of the other components of the finished beverage. Dietary behaviour, 2020-21 financial year - Australian Bureau of Statistics Nevertheless, manufacturers are trying to introduce new beverage options, such as bubble milk tea, in the market. For instance, in June 2022, Frankly, the first Italian bubble tea chain, witnessed a massive increment of around 148% compared to the previous years via a crowdfunding campaign. 10. 4364..55.011 - Australian Health Survey: Consumption of added sugars, 2011-12. Get a Sample Copy of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-12310. Ready to drink tea products have seen a 15x increase in sales and consumption since 2004. After experiencing a downfall due to fierce market competition in 2003, the bubble tea market was revived in 2007 with the entry of several foreign brands. Organic Tea Market Size, Share and Growth [2020-2027]
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