Global Bubble Tea Market Opportunities & Forecast-GMI Research Global Bubble Tea Market Opportunities | Page 2

One of the key factors supporting the growth of the bubble tea is the health benefits that it offer, apart, from the availability of it in the different flavors. The growing fitness and health conscious population and rising number of tea consuming population are few of the factors which are driving the global bubble tea market. Further, low cost and the gradual shift of the tea lovers from traditional teas to the flavored teas are further boosting the growth of the bubble tea market. However, the availability of substitute drinks such as coffee and side effects after consuming excess tea and added artificial colors in the bubble tea are some of the factors which are hindering the market growth. Various notable players operating in the market, include the Bubble Tea Company, Bubble Tea House Company, CuppoTee Company, Ten Ren’s Tea Time, Boba Box Limited, Gong Cha USA, Tazo Bubble Tea Company, Lollicup USA Inc., Sumo’s (M) Sdn Bhd, and Fokus Inc. Most of the players in the market are focusing on introducing new bubble tea varieties to attract tea lovers. For instance, in September 2018, Cheese bubble tea debuted in the US’s tea market after getting popular in Asian markets. The global bubble tea market has been segmented based on type, flavor type, the point of sales and key geographies. Based on the type, the market is segmented into green tea, black tea, Oolong tea, and white tea. Based on flavor type the market is segmented into original, chocolate, fruit, coffee and others. Based on Point of Sales, the market is categorized into online, retail stores and supermarkets. The research report “global bubble tea market” provides in-depth analysis of global bubble tea market on the basis of type, flavor type, the point of sales and major geographies for the forecast period from 2018 to 2025. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market