According to the report, The global retail bubble tea kits Industry was valued at $47,224.42 thousand in 2020 and is projected to reach $133,554.40 thousand by 2030, growing at a CAGR of 9.86% from 2021 to 2030.
A retail bubble tea kit is an assortment of individual components of bubble tea sold as a single unit for a single price. Individual components include flavor, creamer, sweetener, liquid, and tapioca pearls. Retail bubble tea kits are sold to consumers to make bubble tea at home. It can be purchased through various retail channels including supermarkets & hypermarkets, convenience stores, and online retail.
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The retail industry is the economic sector that includes companies and individuals involved in the selling finished products and goods to end-users. A wide range of bubble tea and related products are sold through various retail channels such as hypermarkets, supermarkets, convenience stores, discounters, forecourt retailers, and grocery stores. Internet retailing, discounters, and convenience stores are the fastest-growing retailers in the bubble tea industry. Tea is one of the most popular beverages consumed worldwide. The demand for bubble tea is driven by its several health benefits as it is rich in antioxidants such as polyphenols, including flavonoids and catechins. These prevent large-scale cellular destruction via the stabilization of harmful free radicals present in the human body. The nutritional composition of this tea also includes vitamins (C, K, B12, B6, and E), minerals (trace amount of potassium, manganese, magnesium, and calcium), and amino acids (L-theanine).
The players operating in the global retail bubble tea kits industry have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include ORBITEL INTERNATIONAL, BUBBLE TEA HOUSE COMPANY, Boba Barista, Locca Bubble Tea, Bubble Tea Supply, THE TEASHED, The Bubble Tea Club, Buddha Bubbles Boba, BOBA CHiC, and Bek Foods.
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Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the retail bubble tea kits market analysis from 2020 to 2030 to identify the prevailing retail bubble tea kits market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the retail bubble tea kits market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global retail bubble tea kits market trends, key players, market segments, application areas, and market growth strategies.
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