Spain Bubble Tea Market Size & Outlook, 2022-2030
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Spain bubble tea market highlights
- The Spain bubble tea market generated a revenue of USD 58.0 million in 2022 and is expected to reach USD 104.2 million by 2030.
- The Spain market is expected to grow at a CAGR of 7.6% 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 58.0 million |
| Market revenue in 2030 | USD 104.2 million |
| Growth rate | 7.6% (CAGR from 2023 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 million |
| 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, Spain accounted for 2.1% 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 million by 2030.
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Bubble Tea Market Scope
Bubble Tea Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ten Ren Tea | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | http://www.tenren.com.tw/ |
| Bubble Tea Supply | View profile | - | Honolulu, Hawaii, United States, North America | https://www.bubbleteasupply.com |
| Lollicup USA, Inc. | View profile | 101-250 | Chino, California, United States, North America | http://lollicupusa.com |
| Chatime | View profile | 10001+ | North York, Ontario, Canada, North America | http://chatime.com/ |
| Gong Cha | View profile | 101-250 | Jericho, New York, United States, North America | https://gongchausa.com |
Spain 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 42.76% in 2022. Horizon Databook has segmented the Spain 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.
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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 Spain bubble tea market, including forecasts for subscribers. This country databook contains high-level insights into Spain bubble tea market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Spain bubble tea market size, by type, 2017-2030 (US$M)
Spain Bubble Tea Market Share, 2022 & 2030 (US$M)
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