Bubble tea

Bobacino Launches Automated Boba Tea Bar to Service a Growing Multibillion-Dollar Market

Retrieved on: 
Tuesday, November 17, 2020

The global boba tea market is currently worth over $5.3 billion, and it is projected to hit $8.4 billion by 2024.

Key Points: 
  • The global boba tea market is currently worth over $5.3 billion, and it is projected to hit $8.4 billion by 2024.
  • Just as the boba market is projected to expand quickly by 2024, the global food automation market is also exploding.
  • Bobacino brings the unique boba tea experience to a growing audience of boba aficionados and new enthusiasts through advanced artificial intelligence, automation and robotics.
  • With every trip to Bobacino's fully automated boba tea bar, customers get a beverage crafted to their liking, without exposure to contamination.

Healthy Drinking to Spur Bubble Tea Market Demand through 2030, Future Market Insights

Retrieved on: 
Wednesday, August 12, 2020

DUBAI, U.A.E., Aug. 12, 2020 /PRNewswire/ -- The bubble tea market is expected to rise at a year-on-year growth rate of 8% from 2020-2030, opines Future Market Insights in its recent report.

Key Points: 
  • DUBAI, U.A.E., Aug. 12, 2020 /PRNewswire/ -- The bubble tea market is expected to rise at a year-on-year growth rate of 8% from 2020-2030, opines Future Market Insights in its recent report.
  • Bubble tea has been gaining tremendous popularity in this respect, particularly among the millennials.
  • Bubble tea combines consumers' gustatory senses with wellness concerns to provide a tasty and healthy beverage option.
  • Some of these include Woop Bubble Tea, Boise Boba, Tapioca Express Inc., VIVI BUBBLE TEA, 8tea5, Ten Ren Tea Inc., Kung Fu Tea, Quickly Corporation and Lollicup USA Inc.

Healthy Drinking to Spur Bubble Tea Market Demand through 2030, Future Market Insights

Retrieved on: 
Wednesday, August 12, 2020

DUBAI, U.A.E., Aug. 12, 2020 /PRNewswire/ -- The bubble tea market is expected to rise at a year-on-year growth rate of 8% from 2020-2030, opines Future Market Insights in its recent report.

Key Points: 
  • DUBAI, U.A.E., Aug. 12, 2020 /PRNewswire/ -- The bubble tea market is expected to rise at a year-on-year growth rate of 8% from 2020-2030, opines Future Market Insights in its recent report.
  • Bubble tea has been gaining tremendous popularity in this respect, particularly among the millennials.
  • Bubble tea combines consumers' gustatory senses with wellness concerns to provide a tasty and healthy beverage option.
  • Some of these include Woop Bubble Tea, Boise Boba, Tapioca Express Inc., VIVI BUBBLE TEA, 8tea5, Ten Ren Tea Inc., Kung Fu Tea, Quickly Corporation and Lollicup USA Inc.

Global Bubble Tea Industry Assessment and Outlook 2020-2027 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 22, 2020

The global bubble tea market has witnessed significant growth over the years and is expected to grow at a steady pace and helps to grow the bubble tea market size during the forecast period.

Key Points: 
  • The global bubble tea market has witnessed significant growth over the years and is expected to grow at a steady pace and helps to grow the bubble tea market size during the forecast period.
  • Availability of bubble tea at lower prices and introduction of additional healthy ingredients in it by different market players drive the global bubble tea market growth.
  • According to the global bubble tea market trends, the fruit flavor segment was the most prominent segment accounting for the highest share in the bubble tea market.
  • The key players in the bubble tea industry, profiled in the report include Bobabox Limited, Bubble Tea House Company, Cuppotee, Fokus Inc., Gong Cha, Lollicup USA, Inc., Sumo's (M) Sdn Bhd, Ten Ren's Tea Time, The Bubble Tea Company, and Troika JC.

Final Launches BiggieStraw, A Sustainable Smoothie and Boba Tea Straw

Retrieved on: 
Tuesday, July 14, 2020

"Boba lovers have been writing to us since FinalStraw hit the market asking for a version that would be good for boba or bubble tea," said Emma Rose Cohen, CEO & Founder of Final.

Key Points: 
  • "Boba lovers have been writing to us since FinalStraw hit the market asking for a version that would be good for boba or bubble tea," said Emma Rose Cohen, CEO & Founder of Final.
  • Starting on July 14, customers with great expectations will be able to enjoy a little more smoothie, boba, or milkshake all while living sustainably.
  • The Final Co. LLC, DBA Final, launched FinalStraw, the world's first reusable, collapsible straw, on Kickstarter in 2018.
  • Final's products and all Final logos, trademarks, and images are the property of The Final Co. LLC.

Former Franchisors Are Offering Industry Tips To "Mom & Pop" Restaurant Owners

Retrieved on: 
Friday, June 12, 2020

announced today it had expanded its restaurant advisory services into a newly formed division of the company.

Key Points: 
  • announced today it had expanded its restaurant advisory services into a newly formed division of the company.
  • Gary Occhiogrosso, founder, and managing partner of Franchise Growth Solutions has teamed up with restaurant operation expert Fred J. Kirvan.
  • Unfortunately, that doesn't cut it when you're looking to scale a brand as a chain or a franchise.
  • In addition to classic Taiwanese bubble tea flavors, Magic Cup serves unique drinks influenced by My Lynn's Vietnamese-American upbringing and childhood memories.

Bubble Tea Market Size Worth $4.2 Billion by 2027 | CAGR 8.9%: Grand View Research, Inc.

Retrieved on: 
Thursday, June 11, 2020

SAN FRANCISCO, June 11, 2020 /PRNewswire/ -- The global bubble tea market size is expected to reach USD 4.2 billion by 2027 registering a CAGR of 8.9%, according to a new report by Grand View Research, Inc.

Key Points: 
  • SAN FRANCISCO, June 11, 2020 /PRNewswire/ -- The global bubble tea market size is expected to reach USD 4.2 billion by 2027 registering a CAGR of 8.9%, according to a new report by Grand View Research, Inc.
  • Shifting consumer preference from carbonated drinks to zero-fat hot beverages, such as bubble tea, is expected to be the key factor for the market growth.
  • Asia was the largest regional market in 2019 and accounted for 35% of the global share.
  • Grand View Research has segmented the global bubble tea market on the basis of product, flavor, and region:
    Bubble Tea Product Outlook (Revenue, USD Million, 2016 - 2027)

Bubble Tea Market Size Worth $4.2 Billion by 2027 | CAGR 8.9%: Grand View Research, Inc.

Retrieved on: 
Thursday, June 11, 2020

SAN FRANCISCO, June 11, 2020 /PRNewswire/ -- The global bubble tea market size is expected to reach USD 4.2 billion by 2027 registering a CAGR of 8.9%, according to a new report by Grand View Research, Inc.

Key Points: 
  • SAN FRANCISCO, June 11, 2020 /PRNewswire/ -- The global bubble tea market size is expected to reach USD 4.2 billion by 2027 registering a CAGR of 8.9%, according to a new report by Grand View Research, Inc.
  • Shifting consumer preference from carbonated drinks to zero-fat hot beverages, such as bubble tea, is expected to be the key factor for the market growth.
  • Asia was the largest regional market in 2019 and accounted for 35% of the global share.
  • Grand View Research has segmented the global bubble tea market on the basis of product, flavor, and region:
    Bubble Tea Product Outlook (Revenue, USD Million, 2016 - 2027)

Bubble Tea Market to Reach $4.3 Bn, Globally, by 2027 at 7.8% CAGR: Allied Market Research

Retrieved on: 
Tuesday, April 14, 2020

PORTLAND, Oregon, April 14, 2020 /PRNewswire/ -- Allied Market Research published a report, titled, " Bubble Tea Market by Base Ingredient (Black Tea, Green Tea, Oolong Tea, and White Tea), Flavor (Original Flavor, Coffee Flavor, Fruit Flavor, Chocolate Flavor, and Others), and Component (Flavor, Creamer, Sweetener, Liquid, Tapioca Pearls, and Others): Global Opportunity Analysis and Industry Forecast, 20202027."

Key Points: 
  • PORTLAND, Oregon, April 14, 2020 /PRNewswire/ -- Allied Market Research published a report, titled, " Bubble Tea Market by Base Ingredient (Black Tea, Green Tea, Oolong Tea, and White Tea), Flavor (Original Flavor, Coffee Flavor, Fruit Flavor, Chocolate Flavor, and Others), and Component (Flavor, Creamer, Sweetener, Liquid, Tapioca Pearls, and Others): Global Opportunity Analysis and Industry Forecast, 20202027."
  • According to the report, the global bubble tea market generated $2.4 billion in 2019, and is expected to reach $4.3 billion by 2027, growing at a CAGR of 7.8% from 2020 to 2027.
  • Rise in health consciousness, surge in adoption of healthy beverages including green tea, oolong tea, black tea, and white tea among consumers, and consumption of flavored bubble tea among young generation drive the growth of the global bubble tea market.
  • Based on region, North America accounted for more than half of the global bubble tea market in 2020, and is estimated to maintain its dominant position by 2027.

Bubble Tea Market to Reach $4.3 Bn, Globally, by 2027 at 7.8% CAGR: Allied Market Research

Retrieved on: 
Tuesday, April 14, 2020

Rise in adoption of healthy beverages including green tea, black tea, and white tea among consumers and consumption of flavored bubble tea among young generation drive the growth of the global bubble tea market

Key Points: 
  • Rise in adoption of healthy beverages including green tea, black tea, and white tea among consumers and consumption of flavored bubble tea among young generation drive the growth of the global bubble tea market
    PORTLAND, Oregon, April 14, 2020 /PRNewswire/ -- Allied Market Research published a report, titled, " Bubble Tea Market by Base Ingredient (Black Tea, Green Tea, Oolong Tea, and White Tea), Flavor (Original Flavor, Coffee Flavor, Fruit Flavor, Chocolate Flavor, and Others), and Component (Flavor, Creamer, Sweetener, Liquid, Tapioca Pearls, and Others): Global Opportunity Analysis and Industry Forecast, 20202027."
  • According to the report, the global bubble tea market generated $2.4 billion in 2019, and is expected to reach $4.3 billion by 2027, growing at a CAGR of 7.8% from 2020 to 2027.
  • Rise in health consciousness, surge in adoption of healthy beverages including green tea, oolong tea, black tea, and white tea among consumers, and consumption of flavored bubble tea among young generation drive the growth of the global bubble tea market.
  • Based on region, North America accounted for more than half of the global bubble tea market in 2020, and is estimated to maintain its dominant position by 2027.