Global Milk Tea Market

Global Milk Tea Market Overview

• The Global Milk Tea Market Size is anticipated to Exceed USD 13.9 Billion by 2033, Growing at a CAGR of 5.17% from 2023 to 2033.
• The market growth is rising due to the increasing need for novel tastes including matcha, taro, and brown sugar milk tea has been fueled by the fame of bubble tea, particularly among younger consumers.
• Furthermore, the demand for organic, non-dairy, and functional milk teas enhanced with protein, vitamins, or probiotics has surged due to consumers' shifting preferences toward healthier beverage options.
• Further driving market growth became the quick-service restaurant (QSR) and café chains' explosive rise, along with the increased popularity of grab-and-go beverages.

Major vendors in the global milk tea market

Cafés Baqué, Nestlé USA, Unilever (Lipton), Uni-President Enterprises Corporation, Xiangpiaopiao Food Co., Ltd., Nittoh Tea (Mitsui Norin), Teekanne GmbH & Co. KG, and Others.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Decisions Advisors has segmented the milk tea market based on the below-mentioned segments:

Global Milk Tea Market, By Product Type

• Black Milk Tea
• Green Milk Tea
• Oolong Milk Tea
• Others 

Global Milk Tea Market, By Form

• Powder
• Liquid
• Others

Global Milk Tea Market, By Flavor

• Original
• Fruit
• Chocolate
• Others 

Global Milk Tea Market, By Distribution Channel

• Online Stores
• Supermarkets/Hypermarkets
• Specialty Stores
• Cafes
• Other

Global Milk Tea Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa