Bubble Tea Market 2019: by Kung Fu Tea, Gong Cha, Boba Guys, Chatime, ShareTea, 8tea5, Quickly, CoCo Fresh, VIVI BUBBLE TEA

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.

Over the next five years, Bubble Tea will register a 7.9% CAGR in terms of revenue, reach US$ 8460 million by 2023, from US$ 5370 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Bubble Tea market by product type, application, key manufacturers and key regions.

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Leading players of Bubble Tea including:

• Kung Fu Tea
• Gong Cha
• Boba Guys
• Chatime
• ShareTea
• 8tea5
• Quickly
• CoCo Fresh
• VIVI BUBBLE TEA

Segmentation by product type:

• Original Flavored Bubble Tea
• Fruit Flavored Bubble Tea
• Other Flavors

Segmentation by application:

• Kids (

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