![]() ![]() Now, more than 20 years later, the franchise boasts over 3500 stores worldwide. CoCo Fresh Tea & JuiceĬoCo Fresh also has its roots in Taiwan, opening its first store in Taipei in 1997. The company now has over 1000 locations around the world, and offers an extensive menu of drinks and customization options. Founded in Taiwan in 2005, it expanded to Australia in 2009 and spread to the rest of the world soon afterwards. ChatimeĬhatime isn’t the oldest bubble tea brands around, but it’s among the most well known. The company offers ingredients, supplies, and equipment, as well as recipes and support to its tea shop customers. This bubble tea supplier was founded in 2001 in Hawaii to bring the Taiwanese drink to the United States, designing products specifically with US consumers in mind. Below are some of the leading vendors in the bubble tea market, including both suppliers and shops. North America and other regions are now home to their own bubble tea suppliers and shops, along with Taiwanese and other Asian brands that have brought their franchises across the ocean. New shops are opening all the time to take advantage of underserved locations or introduce their own spin on the concept. Many of the oldest and most popular bubble tea companies are based in Taiwan, but the country certainly isn’t the only source of quality and innovation in the market. Suggested reading: Top 10 Tea Companies in the World 2018 Who are the top bubble tea companies in the market? ![]() There are enough options that it’s easy for someone to find a drink that suits their taste. Toppings can include jelly, mousse, and other treats, and consumers can typically customize their drinks in a variety of ways. The drink base can be green tea, other types of tea, or a fruit base instead, and bubble tea shops often offer other drinks like smoothies, slushies, and tea lattes as well. However, there are a wide range of drink styles, flavors, and toppings beyond this. What is bubble tea?Īt its most basic, bubble tea is a cold tea drink with tapioca balls, which are the bubbles (or boba) that give the drink its name. Unsurprisingly, APAC holds the largest share of the market, but growth is fastest in the Americas where more people are discovering the drink. Over the next four years, the global bubble tea market is expected to grow by almost $1 billion. In that time, however, the drink has become increasingly well known and exceedingly popular, especially in Asia. Bubble tea – also known as boba tea – is a relatively new market, originating in Taiwan in the 1980s and brought to regions such as North America by bubble tea companies over the past 20 years. ![]()
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