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Milk Tea-Global Market Insights and Sales Trends 2024
Synopsis
The global Milk Tea market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Milk Tea in various end use industries. The expanding demands from the Tea Shop, The Mall, Retail Store and Other, are propelling Milk Tea market. Bagged Product, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Disposable Paper Cups Products segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Milk Tea market, driven by demand from China, the second largest economy with some signs of stabilising, the Milk Tea market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Milk Tea, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Milk Tea market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Milk Tea market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Milk Tea sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Milk Tea covered in this report include Lipton(Unilever), Nestle, Uni-President, Greenmax, Shih Chen Foods, Gino, Hong Kong Tea Company, Nittoh Tea(Mitsui Norin) and Old Town, etc.
The global Milk Tea market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Lipton(Unilever)
Nestle
Uni-President
Greenmax
Shih Chen Foods
Gino
Hong Kong Tea Company
Nittoh Tea(Mitsui Norin)
Old Town
Xiangpiaopiao Food
Guangdong Strong Group
Global Milk Tea market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Milk Tea market, Segment by Type:
Bagged Product
Disposable Paper Cups Products
Other
Global Milk Tea market, by Application
Tea Shop
The Mall
Retail Store
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Milk Tea manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Milk Tea in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Milk Tea market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Milk Tea in various end use industries. The expanding demands from the Tea Shop, The Mall, Retail Store and Other, are propelling Milk Tea market. Bagged Product, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Disposable Paper Cups Products segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Milk Tea market, driven by demand from China, the second largest economy with some signs of stabilising, the Milk Tea market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Milk Tea, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Milk Tea market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Milk Tea market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Milk Tea sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Milk Tea covered in this report include Lipton(Unilever), Nestle, Uni-President, Greenmax, Shih Chen Foods, Gino, Hong Kong Tea Company, Nittoh Tea(Mitsui Norin) and Old Town, etc.
The global Milk Tea market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Lipton(Unilever)
Nestle
Uni-President
Greenmax
Shih Chen Foods
Gino
Hong Kong Tea Company
Nittoh Tea(Mitsui Norin)
Old Town
Xiangpiaopiao Food
Guangdong Strong Group
Global Milk Tea market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Milk Tea market, Segment by Type:
Bagged Product
Disposable Paper Cups Products
Other
Global Milk Tea market, by Application
Tea Shop
The Mall
Retail Store
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Milk Tea manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Milk Tea in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Milk Tea Market Overview
1.1 Milk Tea Product Overview
1.2 Milk Tea Market Segment by Type
1.2.1 Bagged Product
1.2.2 Disposable Paper Cups Products
1.2.3 Other
1.3 Global Milk Tea Market Size by Type
1.3.1 Global Milk Tea Market Size Overview by Type (2018-2029)
1.3.2 Global Milk Tea Historic Market Size Review by Type (2018-2023)
1.3.3 Global Milk Tea Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Milk Tea Sales Breakdown by Type (2018-2023)
1.4.2 Europe Milk Tea Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Milk Tea Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Milk Tea Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Milk Tea Sales Breakdown by Type (2018-2023)
2 Global Milk Tea Market Competition by Company
2.1 Global Top Players by Milk Tea Sales (2018-2023)
2.2 Global Top Players by Milk Tea Revenue (2018-2023)
2.3 Global Top Players by Milk Tea Price (2018-2023)
2.4 Global Top Manufacturers Milk Tea Manufacturing Base Distribution, Sales Area, Product Type
2.5 Milk Tea Market Competitive Situation and Trends
2.5.1 Milk Tea Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Milk Tea Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Milk Tea as of 2022)
2.7 Date of Key Manufacturers Enter into Milk Tea Market
2.8 Key Manufacturers Milk Tea Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Milk Tea Status and Outlook by Region
3.1 Global Milk Tea Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Milk Tea Historic Market Size by Region
3.2.1 Global Milk Tea Sales in Volume by Region (2018-2023)
3.2.2 Global Milk Tea Sales in Value by Region (2018-2023)
3.2.3 Global Milk Tea Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Milk Tea Forecasted Market Size by Region
3.3.1 Global Milk Tea Sales in Volume by Region (2024-2029)
3.3.2 Global Milk Tea Sales in Value by Region (2024-2029)
3.3.3 Global Milk Tea Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Milk Tea by Application
4.1 Milk Tea Market Segment by Application
4.1.1 Tea Shop
4.1.2 The Mall
4.1.3 Retail Store
4.1.4 Other
4.2 Global Milk Tea Market Size by Application
4.2.1 Global Milk Tea Market Size Overview by Application (2018-2029)
4.2.2 Global Milk Tea Historic Market Size Review by Application (2018-2023)
4.2.3 Global Milk Tea Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Milk Tea Sales Breakdown by Application (2018-2023)
4.3.2 Europe Milk Tea Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Milk Tea Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Milk Tea Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Milk Tea Sales Breakdown by Application (2018-2023)
5 North America Milk Tea by Country
5.1 North America Milk Tea Historic Market Size by Country
5.1.1 North America Milk Tea Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Milk Tea Sales in Volume by Country (2018-2023)
5.1.3 North America Milk Tea Sales in Value by Country (2018-2023)
5.2 North America Milk Tea Forecasted Market Size by Country
5.2.1 North America Milk Tea Sales in Volume by Country (2024-2029)
5.2.2 North America Milk Tea Sales in Value by Country (2024-2029)
6 Europe Milk Tea by Country
6.1 Europe Milk Tea Historic Market Size by Country
6.1.1 Europe Milk Tea Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Milk Tea Sales in Volume by Country (2018-2023)
6.1.3 Europe Milk Tea Sales in Value by Country (2018-2023)
6.2 Europe Milk Tea Forecasted Market Size by Country
6.2.1 Europe Milk Tea Sales in Volume by Country (2024-2029)
6.2.2 Europe Milk Tea Sales in Value by Country (2024-2029)
7 Asia-Pacific Milk Tea by Region
7.1 Asia-Pacific Milk Tea Historic Market Size by Region
7.1.1 Asia-Pacific Milk Tea Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Milk Tea Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Milk Tea Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Milk Tea Forecasted Market Size by Region
7.2.1 Asia-Pacific Milk Tea Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Milk Tea Sales in Value by Region (2024-2029)
8 Latin America Milk Tea by Country
8.1 Latin America Milk Tea Historic Market Size by Country
8.1.1 Latin America Milk Tea Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Milk Tea Sales in Volume by Country (2018-2023)
8.1.3 Latin America Milk Tea Sales in Value by Country (2018-2023)
8.2 Latin America Milk Tea Forecasted Market Size by Country
8.2.1 Latin America Milk Tea Sales in Volume by Country (2024-2029)
8.2.2 Latin America Milk Tea Sales in Value by Country (2024-2029)
9 Middle East and Africa Milk Tea by Country
9.1 Middle East and Africa Milk Tea Historic Market Size by Country
9.1.1 Middle East and Africa Milk Tea Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Milk Tea Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Milk Tea Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Milk Tea Forecasted Market Size by Country
9.2.1 Middle East and Africa Milk Tea Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Milk Tea Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Lipton(Unilever)
10.1.1 Lipton(Unilever) Company Information
10.1.2 Lipton(Unilever) Introduction and Business Overview
10.1.3 Lipton(Unilever) Milk Tea Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Lipton(Unilever) Milk Tea Products Offered
10.1.5 Lipton(Unilever) Recent Development
10.2 Nestle
10.2.1 Nestle Company Information
10.2.2 Nestle Introduction and Business Overview
10.2.3 Nestle Milk Tea Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Nestle Milk Tea Products Offered
10.2.5 Nestle Recent Development
10.3 Uni-President
10.3.1 Uni-President Company Information
10.3.2 Uni-President Introduction and Business Overview
10.3.3 Uni-President Milk Tea Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Uni-President Milk Tea Products Offered
10.3.5 Uni-President Recent Development
10.4 Greenmax
10.4.1 Greenmax Company Information
10.4.2 Greenmax Introduction and Business Overview
10.4.3 Greenmax Milk Tea Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Greenmax Milk Tea Products Offered
10.4.5 Greenmax Recent Development
10.5 Shih Chen Foods
10.5.1 Shih Chen Foods Company Information
10.5.2 Shih Chen Foods Introduction and Business Overview
10.5.3 Shih Chen Foods Milk Tea Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Shih Chen Foods Milk Tea Products Offered
10.5.5 Shih Chen Foods Recent Development
10.6 Gino
10.6.1 Gino Company Information
10.6.2 Gino Introduction and Business Overview
10.6.3 Gino Milk Tea Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Gino Milk Tea Products Offered
10.6.5 Gino Recent Development
10.7 Hong Kong Tea Company
10.7.1 Hong Kong Tea Company Company Information
10.7.2 Hong Kong Tea Company Introduction and Business Overview
10.7.3 Hong Kong Tea Company Milk Tea Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Hong Kong Tea Company Milk Tea Products Offered
10.7.5 Hong Kong Tea Company Recent Development
10.8 Nittoh Tea(Mitsui Norin)
10.8.1 Nittoh Tea(Mitsui Norin) Company Information
10.8.2 Nittoh Tea(Mitsui Norin) Introduction and Business Overview
10.8.3 Nittoh Tea(Mitsui Norin) Milk Tea Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Nittoh Tea(Mitsui Norin) Milk Tea Products Offered
10.8.5 Nittoh Tea(Mitsui Norin) Recent Development
10.9 Old Town
10.9.1 Old Town Company Information
10.9.2 Old Town Introduction and Business Overview
10.9.3 Old Town Milk Tea Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Old Town Milk Tea Products Offered
10.9.5 Old Town Recent Development
10.10 Xiangpiaopiao Food
10.10.1 Xiangpiaopiao Food Company Information
10.10.2 Xiangpiaopiao Food Introduction and Business Overview
10.10.3 Xiangpiaopiao Food Milk Tea Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Xiangpiaopiao Food Milk Tea Products Offered
10.10.5 Xiangpiaopiao Food Recent Development
10.11 Guangdong Strong Group
10.11.1 Guangdong Strong Group Company Information
10.11.2 Guangdong Strong Group Introduction and Business Overview
10.11.3 Guangdong Strong Group Milk Tea Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Guangdong Strong Group Milk Tea Products Offered
10.11.5 Guangdong Strong Group Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Milk Tea Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Milk Tea Industrial Chain Analysis
11.4 Milk Tea Market Dynamics
11.4.1 Milk Tea Industry Trends
11.4.2 Milk Tea Market Drivers
11.4.3 Milk Tea Market Challenges
11.4.4 Milk Tea Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Milk Tea Distributors
12.3 Milk Tea Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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