/PRNewswire/ The bubble tea market size is set to grow by USD 1226.22 million from 2022 to 2027 progressing at a CAGR of 7.5% during the forecast period..
/PRNewswire/ Technavio has been monitoring the bubble tea market, and it is expected to grow by USD 1,226.22 million from 2022 to 2027. As per the latest.
/PRNewswire/ The bubble tea market size is expected to increase by USD 941.72 mn from 2021 to 2025, registering a CAGR of 6.51%, according to the latest.
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NEW YORK, April 29, 2021 /PRNewswire/
Technavio has been monitoring the bubble tea market and it is poised to grow by USD 941.72 million during 2021-2025, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Bubble Tea Market by Base Ingredient, Component, and Geography - Forecast and Analysis 2021-2025
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries; however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a high impact on the bubble tea market.