Bubble tea boom: CoCo Fresh Tea & Juice to explore “untapped potential” of South Asia
date:Aug 30, 2023
reshment has driven this move.

Staying strong amid global headwinds
Lately, South Asias economy has shown resilience in the face of global headwinds, flags the company.

With a promising bubble tea market, expected to grow from US$2.46 billion in 2023 to US$4.08 billion by 2030 at a CAGR of 7.51%, the conditions to expand the segment seem favorable.

After reaching 5,000 stores worldwide this year, CoCo has the most international coverage of any pearl milk tea brand, notes Wang.

The beverage f
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