The global bubble tea market revenue 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, expanding at a CAGR of 7.81% from 2025 to 2032. In 2024, the Asia Pacific region led the global market, contributing 43.35% of total revenue.