US Bubble Tea Market 2024-2034

The US Bubble Tea Market is witnessing robust growth, driven by the increasing demand for unique, flavorful, and health-oriented beverages. Bubble tea, also known as boba tea, has captured the attention of a diverse consumer base, especially millennials and Gen Z. The market, which was valued at USD 369.7 million in 2024, is forecast to reach USD 1.25 billion by 2034, growing at an impressive CAGR of 14% during the forecast period. The rise in social media influence, growing preference for healthier alternatives, and the availability of innovative flavors are key factors driving this growth.