Germany Bubble Tea Market Size & Outlook, 2022-2030
Germany bubble tea market, 2017-2030 (US$B)
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Germany bubble tea market highlights
- The Germany bubble tea market generated a revenue of USD 148.6 billion in 2022 and is expected to reach USD 300.6 billion by 2030.
- The Germany market is expected to grow at a CAGR of 9.2% from 2023 to 2030.
- In terms of segment, black tea was the largest revenue generating type in 2022.
- Green Tea is the most lucrative type segment registering the fastest growth during the forecast period.
Bubble tea market data book summary
| Market revenue in 2022 | USD 148.6 billion |
| Market revenue in 2030 | USD 300.6 billion |
| Growth rate | 9.2% (CAGR from 2022 to 2030) |
| Largest segment | Black tea |
| Fastest growing segment | Green Tea |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Black Tea, Green Tea, Oolong Tea, White Tea |
| Key market players worldwide | Ten Ren Tea, Gong Cha, Chatime, Lollicup USA, Inc., Bubble Tea Supply |
Other key industry trends
- In terms of revenue, Germany accounted for 5.4% of the global bubble tea market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK bubble tea market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 361.6 billion by 2030.
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Bubble Tea Market Scope
Bubble Tea Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany bubble tea market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bubble tea market will help companies and investors design strategic landscapes.
Black tea was the largest segment with a revenue share of 42.4% in 2022. Horizon Databook has segmented the Germany bubble tea market based on black tea, green tea, oolong tea, white tea covering the revenue growth of each sub-segment from 2017 to 2030.
The adoption rate of bubble tea was initially relatively slow in Germany due to the concern that it contains harmful carcinogenic chemicals. However, after the assurance of the German authorities in September 2012 that bubble tea does not contain carcinogens, the demand for the product witnessed a significant rise in the country.
In view of this, several food chains have been including a variety of bubble teas on their menus. For instance, McDonald’s added the beverage to their menu in Germany in 2012. This growing availability of bubble tea is expected to boost the market in the coming years.
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Our clientele includes a mix of bubble tea market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany bubble tea market, including forecasts for subscribers. This country databook contains high-level insights into Germany bubble tea market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Germany bubble tea market size, by type, 2017-2030 (US$B)
Germany Bubble Tea Market Share, 2022 & 2030 (US$B)
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