Press release
Australia Bubble Tea Market Size to be Worth US$ 131.99 Million by 2032, at a CAGR of 9.7% | Polaris Market Research, Inc.
Australia Bubble Tea Market
Bubble tea, also known as pearl milk tea or boba tea, is a tea-based drink that first appeared in Asia in the 1980s. The blend then made its way to the US and other parts of the world in the 1990s. Bubble tea is made by blending tea with fruit, milk, and fruit juices. The tasty tapioca balls or pearls are then added as a topping to drink.
๐๐๐ญ ๐ ๐ซ๐๐ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/press-releases/australia-bubble-tea-market
Along with the tapioca balls, the topping of bubble tea can take the form of grass jelly, aloe vera, red bean, and popping boba. Bubble tea is known for its unique taste and edible experience. Also, the wide variety of flavors and toppings means boba tea caters to diverse tastes and preferences.
The rising demand for tea and coffee-based drinks is one of the major factors driving the Australia bubble tea market growth. Besides, the availability of a wide range of flavors tailored to specific consumer preferences is supporting the development of the market.
๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
The market for bubble tea in Australia is anticipated to witness competition owing to the presence of several key players. A few prominent players operating in the market are:
โข BubbleTea Australia
โข Chaffic
โข Chatime
โข Gong Cha
โข Palgong
โข ShareTea
โข T BUN International
โข Ten Ren Tea Co. Ltd
โข UTOPIA
โข Xing Fu Tang
๐๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ
โข The growing demand for exotic and unique flavors and rising partnerships to gain consumer insights are some of the major factors propelling the market expansion in the coming years.
โข The green tea segment is projected to witness the fastest CAGR over the forecast period.
โข The market analysis is mainly based on product and flavor.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/3703/2
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
โข White Tea
โข Green Tea
โข Oolong Tea
โข Black Tea
๐๐ฒ ๐ ๐ฅ๐๐ฏ๐จ๐ฎ๐ซ
โข Coffee
โข Fruit
โข Taro
โข Classic
โข Strawberry
โข Others
๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/australia-bubble-tea-market
๐๐ฎ๐ฌ๐ญ๐ซ๐๐ฅ๐ข๐ ๐๐ฎ๐๐๐ฅ๐ ๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข The black tea segment dominated the market in 2023, driven by its natural and authentic flavor. It also offers health benefits, such as reducing blood glucose levels and bad cholesterol.
โข The fruit segment led the market in 2023 and is expected to maintain its dominance because fruits provide both diversity and nourishment.
โข The Australian key market players include Gong Cha, T BUN International, Chatime, Ten Ren Tea Co. Ltd, ShareTea, Chaffic, BubbleTea Australia, Palgong, UTOPIA, and Xing Fu Tang.
๐๐จ๐ฉ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ข๐ ๐ก๐ญ๐ฐ๐๐ข๐ ๐ก๐ญ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3425569/automotive-lightweight-material-market-2024-industry
๐-๐๐๐๐๐ญ๐ข๐ฏ๐ ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3425575/c-reactive-protein-testing-market-size-overview-business
๐๐๐ค๐ข๐ง๐ ๐๐ง๐ณ๐ฒ๐ฆ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3425589/baking-enzymes-market-2024-industry-size-growth-revenue
๐๐๐๐ญ ๐๐ฎ๐๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3425594/meat-substitutes-market-by-top-manufacturers-with-production
๐๐ฎ๐๐๐๐ซ ๐๐ซ๐จ๐๐๐ฌ๐ฌ๐ข๐ง๐ ๐๐ก๐๐ฆ๐ข๐๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3425603/rubber-processing-chemicals-market-2024-industry-analysis
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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