Milk Tea Market 2022: Key Strategies, Historical Analysis, Trends, New Opportunities and Forecast Till 2028
Milk tea refers to several forms of beverage found in many cultures, containing some combination of tea and milk. Beverages vary based on the amount of each of these key ingredients, the method of preparation, and the inclusion of other ingredients (varying from sugar or honey to salt or cardamom).
This report elaborates the market size, market characteristics, and market growth of the Milk Tea industry, and breaks down according to the type, application, and consumption area of Milk Tea. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Milk Tea in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.
Key players in the global Milk Tea market covered in Chapter 13:
Xiangpiaopiao Food
Shih Chen Foods
Guangdong Strong Group
Gino
Uni-President
Lipton (Unilever)
Old Town
Greenmax
Nittoh Tea (Mitsui Norin)
Nestle
In Chapter 6, on the basis of types, the Milk Tea market from 2015 to 2025 is primarily split into:
Bagged Product
Disposable Paper Cups Products
Other
In Chapter 7, on the basis of applications, the Milk Tea market from 2015 to 2025 covers:
Tea Shop
Mall
Retail Store
Other
Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:
United States
Europe
China
Japan
India
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12:
North America (Covered in Chapter 8)
United States
Canada
Mexico
Europe (Covered in Chapter 9)
Germany
UK
France
Italy
Spain
Others
Asia-Pacific (Covered in Chapter 10)
China
Japan
India
South Korea
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 11)
Saudi Arabia
UAE
South Africa
Others
South America (Covered in Chapter 12)
Brazil
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025
Table of Content
1 Milk Tea Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 Milk Tea Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 Milk Tea Market Forces
3.1 Global Milk Tea Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
4 Milk Tea Market - By Geography
4.1 Global Milk Tea Market Value and Market Share by Regions
4.1.1 Global Milk Tea Value ($) by Region (2015-2020)
4.1.2 Global Milk Tea Value Market Share by Regions (2015-2020)
4.2 Global Milk Tea Market Production and Market Share by Major Countries
4.2.1 Global Milk Tea Production by Major Countries (2015-2020)
4.2.2 Global Milk Tea Production Market Share by Major Countries (2015-2020)
4.3 Global Milk Tea Market Consumption and Market Share by Regions
4.3.1 Global Milk Tea Consumption by Regions (2015-2020)
4.3.2 Global Milk Tea Consumption Market Share by Regions (2015-2020)
5 Milk Tea Market - By Trade Statistics
5.1 Global Milk Tea Export and Import
5.2 United States Milk Tea Export and Import (2015-2020)
5.3 Europe Milk Tea Export and Import (2015-2020)
5.4 China Milk Tea Export and Import (2015-2020)
5.5 Japan Milk Tea Export and Import (2015-2020)
5.6 India Milk Tea Export and Import (2015-2020)
5.7
6 Milk Tea Market - By Type
6.1 Global Milk Tea Production and Market Share by Types (2015-2020)
6.1.1 Global Milk Tea Production by Types (2015-2020)
6.1.2 Global Milk Tea Production Market Share by Types (2015-2020)
6.2 Global Milk Tea Value and Market Share by Types (2015-2020)
6.2.1 Global Milk Tea Value by Types (2015-2020)
6.2.2 Global Milk Tea Value Market Share by Types (2015-2020)
6.3 Global Milk Tea Production, Price and Growth Rate of Bagged Product (2015-2020)
6.4 Global Milk Tea Production, Price and Growth Rate of Disposable Paper Cups Products (2015-2020)
6.5 Global Milk Tea Production, Price and Growth Rate of Other (2015-2020)
7 Milk Tea Market - By Application
7.1 Global Milk Tea Consumption and Market Share by Applications (2015-2020)
7.1.1 Global Milk Tea Consumption by Applications (2015-2020)
7.1.2 Global Milk Tea Consumption Market Share by Applications (2015-2020)
7.2 Global Milk Tea Consumption and Growth Rate of Tea Shop (2015-2020)
7.3 Global Milk Tea Consumption and Growth Rate of Mall (2015-2020)
7.4 Global Milk Tea Consumption and Growth Rate of Retail Store (2015-2020)
7.5 Global Milk Tea Consumption and Growth Rate of Other (2015-2020)
8 North America Milk Tea Market
8.1 North America Milk Tea Market Size
8.2 United States Milk Tea Market Size
8.3 Canada Milk Tea Market Size
8.4 Mexico Milk Tea Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe Milk Tea Market Analysis
9.1 Europe Milk Tea Market Size
9.2 Germany Milk Tea Market Size
9.3 United Kingdom Milk Tea Market Size
9.4 France Milk Tea Market Size
9.5 Italy Milk Tea Market Size
9.6 Spain Milk Tea Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific Milk Tea Market Analysis
10.1 Asia-Pacific Milk Tea Market Size
10.2 China Milk Tea Market Size
10.3 Japan Milk Tea Market Size
10.4 South Korea Milk Tea Market Size
10.5 Southeast Asia Milk Tea Market Size
10.6 India Milk Tea Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa Milk Tea Market Analysis
11.1 Middle East and Africa Milk Tea Market Size
11.2 Saudi Arabia Milk Tea Market Size
11.3 UAE Milk Tea Market Size
11.4 South Africa Milk Tea Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America Milk Tea Market Analysis
12.1 South America Milk Tea Market Size
12.2 Brazil Milk Tea Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 Xiangpiaopiao Food
13.1.1 Xiangpiaopiao Food Basic Information
13.1.2 Xiangpiaopiao Food Product Profiles, Application and Specification
13.1.3 Xiangpiaopiao Food Milk Tea Market Performance (2015-2020)
13.2 Shih Chen Foods
13.2.1 Shih Chen Foods Basic Information
13.2.2 Shih Chen Foods Product Profiles, Application and Specification
13.2.3 Shih Chen Foods Milk Tea Market Performance (2015-2020)
13.3 Guangdong Strong Group
13.3.1 Guangdong Strong Group Basic Information
13.3.2 Guangdong Strong Group Product Profiles, Application and Specification
13.3.3 Guangdong Strong Group Milk Tea Market Performance (2015-2020)
13.4 Gino
13.4.1 Gino Basic Information
13.4.2 Gino Product Profiles, Application and Specification
13.4.3 Gino Milk Tea Market Performance (2015-2020)
13.5 Uni-President
13.5.1 Uni-President Basic Information
13.5.2 Uni-President Product Profiles, Application and Specification
13.5.3 Uni-President Milk Tea Market Performance (2015-2020)
13.6 Lipton (Unilever)
13.6.1 Lipton (Unilever) Basic Information
13.6.2 Lipton (Unilever) Product Profiles, Application and Specification
13.6.3 Lipton (Unilever) Milk Tea Market Performance (2015-2020)
13.7 Old Town
13.7.1 Old Town Basic Information
13.7.2 Old Town Product Profiles, Application and Specification
13.7.3 Old Town Milk Tea Market Performance (2015-2020)
13.8 Greenmax
13.8.1 Greenmax Basic Information
13.8.2 Greenmax Product Profiles, Application and Specification
13.8.3 Greenmax Milk Tea Market Performance (2015-2020)
13.9 Nittoh Tea (Mitsui Norin)
13.9.1 Nittoh Tea (Mitsui Norin) Basic Information
13.9.2 Nittoh Tea (Mitsui Norin) Product Profiles, Application and Specification
13.9.3 Nittoh Tea (Mitsui Norin) Milk Tea Market Performance (2015-2020)
13.10 Nestle
13.10.1 Nestle Basic Information
13.10.2 Nestle Product Profiles, Application and Specification
13.10.3 Nestle Milk Tea Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America Milk Tea Market Forecast (2020-2025)
14.2 Europe Milk Tea Market Forecast (2020-2025)
14.3 Asia-Pacific Milk Tea Market Forecast (2020-2025)
14.4 Middle East and Africa Milk Tea Market Forecast (2020-2025)
14.5 South America Milk Tea Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global Milk Tea Market Forecast by Types (2020-2025)
15.1.1 Global Milk Tea Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global Milk Tea Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global Milk Tea Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure Milk Tea Picture
Table Milk Tea Key Market Segments
Figure Study and Forecasting Years
Figure Global Milk Tea Market Size and Growth Rate 2015-2025
Figure Industry PESTEL Analysis
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Figure Global Milk Tea Value ($) and Growth Rate (2015-2020)
Table Global Milk Tea Value ($) by Countries (2015-2020)
Table Global Milk Tea Value Market Share by Regions (2015-2020)
Figure Global Milk Tea Value Market Share by Regions in 2019
Figure Global Milk Tea Production and Growth Rate (2015-2020)
Table Global Milk Tea Production by Major Countries (2015-2020)
Table Global Milk Tea Production Market Share by Major Countries (2015-2020)
Figure Global Milk Tea Production Market Share by Regions in 2019
Figure Global Milk Tea Consumption and Growth Rate (2015-2020)
Table Global Milk Tea Consumption by Regions (2015-2020)
Table Global Milk Tea Consumption Market Share by Regions (2015-2020)
Figure Global Milk Tea Consumption Market Share by Regions in 2019
Table Global Milk Tea Export Top 3 Country 2019
Table Global Milk Tea Import Top 3 Country 2019
Table United States Milk Tea Export and Import (2015-2020)
Table Europe Milk Tea Export and Import (2015-2020)
Table China Milk Tea Export and Import (2015-2020)
Table Japan Milk Tea Export and Import (2015-2020)
Table India Milk Tea Export and Import (2015-2020)
Table Global Milk Tea Production by Types (2015-2020)
Table Global Milk Tea Production Market Share by Types (2015-2020)
Figure Global Milk Tea Production Share by Type (2015-2020)
Table Global Milk Tea Value by Types (2015-2020)
Table Global Milk Tea Value Market Share by Types (2015-2020)
Figure Global Milk Tea Value Share by Type (2015-2020)
Figure Global Bagged Product Production and Growth Rate (2015-2020)
Figure Global Bagged Product Price (2015-2020)
Figure Global Disposable Paper Cups Products Production and Growth Rate (2015-2020)
Figure Global Disposable Paper Cups Products Price (2015-2020)
Figure Global Other Production and Growth Rate (2015-2020)
Figure Global Other Price (2015-2020)
Table Global Milk Tea Consumption by Applications (2015-2020)
Table Global Milk Tea Consumption Market Share by Applications (2015-2020)
Figure Global Milk Tea Consumption Share by Application (2015-2020)
Figure Global Tea Shop Consumption and Growth Rate (2015-2020)
Figure Global Mall Consumption and Growth Rate (2015-2020)
Figure Global Retail Store Consumption and Growth Rate (2015-2020)
Figure Global Other Consumption and Growth Rate (2015-2020)
Figure North America Milk Tea Market Consumption and Growth Rate (2015-2020)
Table North America Milk Tea Consumption by Countries (2015-2020)
Table North America Milk Tea Consumption Market Share by Countries (2015-2020)
Figure North America Milk Tea Consumption Market Share by Countries (2015-2020)
Figure United States Milk Tea Market Consumption and Growth Rate (2015-2020)
Figure Canada Milk Tea Market Consumption and Growth Rate (2015-2020)
Figure Mexico Milk Tea Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe Milk Tea Market Consumption and Growth Rate (2015-2020)
Table Europe Milk Tea Consumption by Countries (2015-2020)
Table Europe Milk Tea Consumption Market Share by Countries (2015-2020)
Figure Europe Milk Tea Consumption Market Share by Countries (2015-2020)
Figure Germany Milk Tea Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom Milk Tea Market Consumption and Growth Rate (2015-2020)
Figure France Milk Tea Market Consumption and Growth Rate (2015-2020)
Figure Italy Milk Tea Market Consumption and Growth Rate (2015-2020)
Figure Spain Milk Tea Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific Milk Tea Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific Milk Tea Consumption by Countries (2015-2020)
Table Asia-Pacific Milk Tea Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific Milk Tea Consumption Market Share by Countries (2015-2020)
Figure China Milk Tea Market Consumption and Growth Rate (2015-2020)
Figure Japan Milk Tea Market Consumption and Growth Rate (2015-2020)
Figure South Korea Milk Tea Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia Milk Tea Market Consumption and Growth Rate (2015-2020)
Figure India Milk Tea Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa Milk Tea Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa Milk Tea Consumption by Countries (2015-2020)
Table Middle East and Africa Milk Tea Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa Milk Tea Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia Milk Tea Market Consumption and Growth Rate (2015-2020)
Figure UAE Milk Tea Market Consumption and Growth Rate (2015-2020)
Figure South Africa Milk Tea Market Consumption and Growth Rate (2015-2020)
Figure South America Milk Tea Market Consumption and Growth Rate (2015-2020)
Table South America Milk Tea Consumption by Countries (2015-2020)
Table South America Milk Tea Consumption Market Share by Countries (2015-2020)
Figure South America Milk Tea Consumption Market Share by Countries (2015-2020)
Figure Brazil Milk Tea Market Consumption and Growth Rate (2015-2020)
Table Xiangpiaopiao Food Company Profile
Table Xiangpiaopiao Food Production, Value, Price, Gross Margin 2015-2020
Figure Xiangpiaopiao Food Production and Growth Rate
Figure Xiangpiaopiao Food Value ($) Market Share 2015-2020
Table Shih Chen Foods Company Profile
Table Shih Chen Foods Production, Value, Price, Gross Margin 2015-2020
Figure Shih Chen Foods Production and Growth Rate
Figure Shih Chen Foods Value ($) Market Share 2015-2020
Table Guangdong Strong Group Company Profile
Table Guangdong Strong Group Production, Value, Price, Gross Margin 2015-2020
Figure Guangdong Strong Group Production and Growth Rate
Figure Guangdong Strong Group Value ($) Market Share 2015-2020
Table Gino Company Profile
Table Gino Production, Value, Price, Gross Margin 2015-2020
Figure Gino Production and Growth Rate
Figure Gino Value ($) Market Share 2015-2020
Table Uni-President Company Profile
Table Uni-President Production, Value, Price, Gross Margin 2015-2020
Figure Uni-President Production and Growth Rate
Figure Uni-President Value ($) Market Share 2015-2020
Table Lipton (Unilever) Company Profile
Table Lipton (Unilever) Production, Value, Price, Gross Margin 2015-2020
Figure Lipton (Unilever) Production and Growth Rate
Figure Lipton (Unilever) Value ($) Market Share 2015-2020
Table Old Town Company Profile
Table Old Town Production, Value, Price, Gross Margin 2015-2020
Figure Old Town Production and Growth Rate
Figure Old Town Value ($) Market Share 2015-2020
Table Greenmax Company Profile
Table Greenmax Production, Value, Price, Gross Margin 2015-2020
Figure Greenmax Production and Growth Rate
Figure Greenmax Value ($) Market Share 2015-2020
Table Nittoh Tea (Mitsui Norin) Company Profile
Table Nittoh Tea (Mitsui Norin) Production, Value, Price, Gross Margin 2015-2020
Figure Nittoh Tea (Mitsui Norin) Production and Growth Rate
Figure Nittoh Tea (Mitsui Norin) Value ($) Market Share 2015-2020
Table Nestle Company Profile
Table Nestle Production, Value, Price, Gross Margin 2015-2020
Figure Nestle Production and Growth Rate
Figure Nestle Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global Milk Tea Market Forecast Production by Types (2020-2025)
Table Global Milk Tea Market Forecast Production Share by Types (2020-2025)
Table Global Milk Tea Market Forecast Value ($) by Types (2020-2025)
Table Global Milk Tea Market Forecast Value Share by Types (2020-2025)
Table Global Milk Tea Market Forecast Consumption by Applications (2020-2025)
Table Global Milk Tea Market Forecast Consumption Share by Applications (2020-2025)
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
| Historical Data (2015-2019) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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