Based on current market trends and projected consumer demand, the U.S. bubble tea market is expected to grow at a CAGR of 10-12% over the next five years. By 2029, the market could reach a valuation of $800 million to $1 billion, assuming ongoing expansion and diversification of product offerings.
- 2024 Forecast: $500 million
- 2025 Forecast: $560 million
- 2026 Forecast: $620 million
- 2027 Forecast: $690 million
- 2028 Forecast: $760 million
- 2029 Forecast: $830-850 million