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Global Bubble Tea Market Dynamics: Demand Drivers, Challenges, and Growth Path to 2029

9 Sep, 2025

Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company

In response to fluctuating tariffs and geopolitical trade developments, the Bubble Tea Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.

What Is the Forecasted Market Size and CAGR for the Bubble Tea Market?

The Bubble Tea Global Market has displayed robust growth in recent years. The market size increased from $3.12 billion in 2024 to $3.35 billion in 2025, representing a compound annual growth rate (CAGR) of 7.1%.

What Is the Forecasted CAGR for the Bubble Tea Market by 2029?

The Bubble Tea Global Market is predicted to reach a size of $4.69 billion in 2029, with a compound annual growth rate (CAGR) of 8.8%.

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What Are the Market Drivers in the Bubble Tea Industry?

The key drivers in the bubble tea market are:

• Menu diversification in the bubble tea industry
• Celebrity and influencer endorsements promoting bubble tea
• Growth in mobile ordering and delivery services for bubble tea
• Sustainability initiatives within the bubble tea market

What Is the Segment-Wise Breakdown of the Bubble Tea Market?

The bubble teamarket covered in this report is segmented –
1) By Type: Black Tea, Green Tea, Oolong Tea, White Tea, Other Types
2) By Flavor: Original, Fruit, Coffee, Chocolate, Other Flavors
3) By Component: Flavor, Creamer, Sweetener, Liquid, Tapioca Pearls, Other Components

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Which Emerging Trends Are Driving Growth in the Bubble Tea Sector?

The key trends in the bubble tea market are:

• Speciality and limited edition offerings are emerging trends in the market.
• There is an increasing focus on health and wellness in bubble tea production.
• Customization and personalization of bubble tea are becoming more popular trends.
• Sustainability initiatives and fusion experimentation are significant shaping trends.

Which Companies Are Dominating the Bubble Tea Market in Terms of Revenue?

Major players in the bubble tea market are:

• Lollicup Inc.
• CuppoTee Company
• Bubble Tea House Company
• Ten Ren’s Tea Co. Ltd.
• Boba Box Limited
• Sumos Sdn Bhd
• Troika JC.
• Fokus Inc.
• Tea Time
• Kuaikeli Enterprise Co. Ltd.
• COCO International Co. Ltd.
• Kung Fu Tea
• Gong Cha
• Kevito Ltd.
• Qbubble Troika J C Inc.
• Biju Bubble Tea
• Bubbleology
• Chatime
• Comebuy
• Ding Tea
• Fanale Drinks
• Happy Lemon
• Heytea
• Koi Thé
• Nayuki
• OneZo
• Presotea
• Quickly
• Royaltea
• Sharetea
• The Alley
• The Tea Terrace
• The Whale Tea

What Are the Regions Driving Demand in the Bubble Tea Market?

Asia-Pacific was the largest region in the bubble tea market in 2024

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