The global bubble tea market was valued at USD 2.63 billion in 2024 and is projected to rise to USD 2.83 billion in 2025. By 2032, the market is expected to reach USD 4.78 billion, growing at a compound annual growth rate (CAGR) of 7.81% over the forecast period. Asia Pacific led the market in 2024, capturing a 43.35% share.
In the United States, the bubble tea market is anticipated to grow significantly, with estimates suggesting it will reach USD 875.56 million by 2032, largely driven by increasing demand among younger consumers.
