Bubble Tea Market Trend Analysis Research Report by Type (Black Tea, Green Tea, Oolong Tea, White Tea, Other Types), by Flavor (Original, Fruit, Coffee, Chocolate, Other Flavors),By Component, By Distribution Channels, by End User, and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Global Forecast to 2034.
Feb-2025 Formats | PDF | Category: Food and Beverages | Delivery: 24 to 72 Hours
“The Bubble Tea industry is expected to expand from $3.43 billion in 2025 to $ 6.58 billion in 2034, with a compound annual growth rate of 8.2%. “
Bubble Tea Market: Overview and Growth in the Upcoming Year
Bubble tea, also known as boba tea, has gained global popularity due to its unique blend of tea, milk, flavors, and chewy tapioca pearls. As the bubble tea industry expands, understanding current patterns and projected growth is crucial for the future.
Bubble tea’s popularity is due to its customizable taste and variety of tea bases, including green, black, fruit, mango, taro, and lychee. The chewy tapioca pearls at the bottom give bubble tea a playful texture, distinguishing it from traditional beverages.
The bubble tea industry is dominated by established brands like Chatime, Gong Cha, and Kung Fu Tea, known for their high-quality ingredients and unique recipes. However, the market is becoming increasingly competitive, with new entrants introducing unique offerings to meet evolving consumer preferences.
The bubble tea market is expected to grow further this year due to innovative tastes, healthy options, and convenient delivery services. Manufacturers must adapt to meet consumer preferences and stay competitive. The market is promising with potential for growth and innovation.
For Insights Consultancy’s latest market intelligence study, “Global Bubble Tea Market 2025, Growth Opportunities, and Forecast,” provides a comprehensive analysis of the Food and beverage industry. The report includes demand analysis, industry insights, competition intelligence, and a customer database. It also offers strategic insights into future trends, growth determinants, supplier landscape, demand landscape, CAGR, and pricing analysis. The study also includes Porter’s Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps’ Analysis, Market Attractiveness Analysis, BPS Analysis, and Ecosystem Analysis.
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Top Companies Covered In This Report:
- Lollicup Inc.
- CuppoTee Company
- Bubble Tea House Company
- Ten Ren’s Tea Co. Ltd.
- Boba Box Limited
- Sumos Sdn Bhd
- Troika JC.
- Fokus Inc.
- Tea Time
- Kuaikeli Enterprise Co. Ltd.
- COCO International Co. Ltd.
- Kung Fu Tea
- Gong Cha
- Kevito Ltd.
- Qbubble Troika J C Inc.
- Biju Bubble Tea
- Bubbleology
- Chatime
- Comebuy
- Ding Tea
- Fanale Drinks
- Happy Lemon
- Heytea
- Koi Thé
- Nayuki
- OneZo
- Presotea
- Quickly
- Royaltea
- Sharetea
- The Alley
- The Tea Terrace
- The Whale Tea
Detailed Segmentation and Classification of the report (Market Size and Forecast – 2034, Y-o-Y growth rate, and CAGR):
Segment by Type
- Black Tea
- Green Tea
- Oolong Tea
- White Tea
- Other Types
Segment byFlavor
- Original
- Fruit
- Coffee
- Chocolate
- Other Flavors
Segment by Component
- Flavor
- Creamer
- Sweetener
- Liquid
- Tapioca Pearls
- Other Components
Subsegments
By Black Tea: Traditional Black Tea, Milk Black Tea, Fruit Black Tea Variants
By Green Tea: Traditional Green Tea, Milk Green Tea, Fruit Green Tea Variants
By Oolong Tea: Traditional Oolong Tea, Milk Oolong Tea, Flavored Oolong Tea Variants
By White Tea: Traditional White Tea, Flavored White Tea, White Tea With Additives
By Other Types: Herbal Tea, Fruit Tea, Floral Tea, Specialty Blends
Regional Deep-dive Analysis:
The report provides in-depth qualitative and quantitative data on the Bubble Tea Market for all of the regions and countries listed below:
- North America includes the United States, Canada, and Mexico.
- Europe includes Germany, France, Italy, the United Kingdom, Scandinavia, Benelux, Russia, and the rest of Europe.
- Asia-Pacific includes Japan, South Korea, India, China, Southeast Asia, and Australia.
- South America (including Brazil, Argentina, and the rest of South America)
- Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa)
Each country is studied in detail, and the study includes qualitative and quantitative analysis of the Bubble Tea Market in that country.
North America
The bubble tea market in North America is rapidly expanding, especially in Asian-majority cities like New York, Los Angeles, and Toronto. The industry is driven by demand for unique beverages and the growing popularity of Asian cuisine. Chatime, Kung Fu Tea, and Gong Cha have established a strong presence in the market, offering a wide range of bubble tea flavors.
Europe
Bubble tea is gaining popularity in Europe, with new cafes and businesses opening across the continent. Countries like the UK, Germany, and France are attracting a younger clientele seeking unique, Instagrammable drinks. The market is characterized by an increased interest in healthy, natural components, leading to the introduction of new flavors.
Asia Pacific
Asia Pacific, the originator of bubble tea, is thriving with various brands and flavors. Taiwan, Japan, and South Korea are leading the bubble tea boom, with lively street booths and cafes serving various beverages. The market is highly competitive, with both domestic and international competitors. Traditional flavors like milk tea and taro remain popular, while novel fruit teas with cheese foam toppings are gaining popularity.
Middle East
The Middle East is embracing the global bubble tea trend, with cafés and kiosks opening in Dubai, Abu Dhabi, and Riyadh. The region’s preference for luxurious experiences has led to the introduction of premium bubble tea options, including unique flavors like rose milk tea and pistachio bubble tea, catering to consumers’ diverse tastes.
Recent News:
- February 2024: Gong Cha, one of the leading boba tea chains, extended its partnership with European franchisee Mad Vision Group to open 15 new stores in the North African country.
- January 2024: MIXUE Group, a Chinese bubble tea and beverage company, shared plans to raise nearly USD 1 billion from its upcoming Hong Kong IPO to enhance its business operations.
- April 2022: BUBLUV, a New York-based startup, introduced a better-for-you boba alternative across the country. The drink is keto-friendly and gluten-free in nature and is available in three different varieties, Black Milk Tea with Tapioca Pearls, Passionfruit Oolong Guava with Tapioca Pearls, and Matcha Soy Latte with Tapioca Pearls.
- May 2022: Barroco by Café De Bangkok serves approximately 21 flavors of boba tea, such as Cotton Candy, Japanese Sweet Potato, and others, to cater to the demand from consumers. The café also offers an exciting Thai Bubble Tea, which is served with cream cheese.
- March 2022: The pearl milk tea trend is gaining the utmost market prominence across the world, due to which various Indian cities such as Thiruvananthapuram and others have also started offering this Taiwanese drink on their menu.
The research provides answers to the following key questions:
- What is the expected growth rate of the Bubble Tea market from 2025-2034?
- What are the key driving forces shaping the market during the forecast period?
- Who are the major market vendors and what winning strategies have helped them occupy a strong foothold in the Bubble Tea market?
- What are the prominent market trends influencing the market’s development?
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Key insights provided by the report that could help you take critical strategic decisions?
- Regional reports analyse product/service consumption and market factors in each region.
- Reports highlight possibilities and dangers for suppliers in the Bubble Tea business globally.
- The report identifies regions and sectors with the highest growth potential.
- It provides a competitive market ranking of major companies, as well as information on new product launches, partnerships, business expansions, and acquisitions.
- The report includes a comprehensive corporate profile with company overviews, insights, product benchmarks, and SWOT analysis for key market participants.
Customization: We can provide following things 1) On request more company profiles (competitors) 2) Data about particular country or region 3) We will incorporate the same with no additional cost (Post conducting feasibility).
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Table of Contents
Executive Summary
Bubble Tea Industry Characteristics
Bubble Tea Industry Trends And Strategies
Bubble Tea Industry – Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid And Recovery on the Market
Global Bubble Tea Growth Analysis And Strategic Analysis Framework
5.1. Global Bubble Tea PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Bubble Tea Industry Growth Rate Analysis
5.4. Global Bubble Tea Historic Market Size and Growth, 2019 – 2024, Value ($ Billion)
5.5. Global Bubble Tea Forecast Market Size and Growth, 2025-2034, 2034F, Value ($ Billion)
5.6. Global Bubble Tea Total Addressable Market (TAM)
Bubble Tea Industry Segmentation
6.1. Global Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Black Tea
Green Tea
Oolong Tea
White Tea
Other Types
6.2. Global Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Original
Fruit
Coffee
Chocolate
Other Flavors
6.3. Global Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Flavor
Creamer
Sweetener
Liquid
Tapioca Pearls
Other Components
6.4. Global Bubble Tea Industry, Sub-Segmentation Of Black Tea, By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Traditional Black Tea
Milk Black Tea
Fruit Black Tea Variants
6.5. Global Bubble Tea Industry, Sub-Segmentation Of Green Tea, By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Traditional Green Tea
Milk Green Tea
Fruit Green Tea Variants
6.6. Global Bubble Tea Industry, Sub-Segmentation Of Oolong Tea, By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Traditional Oolong Tea
Milk Oolong Tea
Flavored Oolong Tea Variants
6.7. Global Bubble Tea Industry, Sub-Segmentation Of White Tea, By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Traditional White Tea
Flavored White Tea
White Tea With Additives
6.8. Global Bubble Tea Industry, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Herbal Tea
Fruit Tea
Floral Tea
Specialty Blends
Bubble Tea Industry Regional And Country Analysis
7.1. Global Bubble Tea Industry, Split By Region, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
7.2. Global Bubble Tea Industry, Split By Country, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Asia-Pacific Bubble Tea Industry
8.1. Asia-Pacific Bubble Tea Industry Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
8.3. Asia-Pacific Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
8.4. Asia-Pacific Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
China Bubble Tea Industry
9.1. China Bubble Tea Industry Overview
9.2. China Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F,$ Billion
9.3. China Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F,$ Billion
9.4. China Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F,$ Billion
India Bubble Tea Industry
10.1. India Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
10.2. India Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
10.3. India Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Japan Bubble Tea Industry
11.1. Japan Bubble Tea Industry Overview
11.2. Japan Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
11.3. Japan Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
11.4. Japan Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Australia Bubble Tea Industry
12.1. Australia Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
12.2. Australia Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
12.3. Australia Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Indonesia Bubble Tea Industry
13.1. Indonesia Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
13.2. Indonesia Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
13.3. Indonesia Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
South Korea Bubble Tea Industry
14.1. South Korea Bubble Tea Industry Overview
14.2. South Korea Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
14.3. South Korea Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
14.4. South Korea Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Western Europe Bubble Tea Industry
15.1. Western Europe Bubble Tea Industry Overview
15.2. Western Europe Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
15.3. Western Europe Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
15.4. Western Europe Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
UK Bubble Tea Industry
16.1. UK Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
16.2. UK Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
16.3. UK Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Germany Bubble Tea Industry
17.1. Germany Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
17.2. Germany Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
17.3. Germany Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
France Bubble Tea Industry
18.1. France Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
18.2. France Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
18.3. France Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Italy Bubble Tea Industry
19.1. Italy Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
19.2. Italy Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
19.3. Italy Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Spain Bubble Tea Industry
20.1. Spain Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
20.2. Spain Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
20.3. Spain Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Eastern Europe Bubble Tea Industry
21.1. Eastern Europe Bubble Tea Industry Overview
21.2. Eastern Europe Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
21.3. Eastern Europe Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
21.4. Eastern Europe Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Russia Bubble Tea Industry
22.1. Russia Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
22.2. Russia Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
22.3. Russia Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
North America Bubble Tea Industry
23.1. North America Bubble Tea Industry Overview
23.2. North America Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
23.3. North America Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
23.4. North America Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
USA Bubble Tea Industry
24.1. USA Bubble Tea Industry Overview
24.2. USA Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
24.3. USA Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
24.4. USA Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Canada Bubble Tea Industry
25.1. Canada Bubble Tea Industry Overview
25.2. Canada Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
25.3. Canada Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
25.4. Canada Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
South America Bubble Tea Industry
26.1. South America Bubble Tea Industry Overview
26.2. South America Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
26.3. South America Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
26.4. South America Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Brazil Bubble Tea Industry
27.1. Brazil Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
27.2. Brazil Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
27.3. Brazil Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Middle East Bubble Tea Industry
28.1. Middle East Bubble Tea Industry Overview
28.2. Middle East Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
28.3. Middle East Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
28.4. Middle East Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Africa Bubble Tea Industry
29.1. Africa Bubble Tea Industry Overview
29.2. Africa Bubble Tea Industry, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
29.3. Africa Bubble Tea Industry, Segmentation By Flavor, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
29.4. Africa Bubble Tea Industry, Segmentation By Component, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Bubble Tea Industry Competitive Landscape And Company Profiles
30.1. Bubble Tea Industry Competitive Landscape
30.2. Bubble Tea Industry Company Profiles
30.2.1. Lollicup Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.2. CuppoTee Company Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Bubble Tea House Company Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Ten Ren’s Tea Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Boba Box Limited Overview, Products and Services, Strategy and Financial Analysis
Bubble Tea Industry Other Major And Innovative Companies
31.1. Sumos Sdn Bhd
31.2. Troika JC
31.3. Fokus Inc.
31.4. Tea Time
31.5. Kuaikeli Enterprise Co. Ltd.
31.6. COCO International Co. Ltd.
31.7. Kung Fu Tea
31.8. Gong Cha
31.9. Kevito Ltd.
31.10. Qbubble Troika JC Inc.
31.11. Biju Bubble Tea
31.12. Bubbleology
31.13. Chatime
31.14. Comebuy
31.15. Ding Tea
Global Bubble Tea Industry Competitive Benchmarking And Dashboard
Key Mergers And Acquisitions In The Bubble Tea Industry
Recent Developments In The Bubble Tea Industry
Bubble Tea Industry High Potential Countries, Segments and Strategies
35.1 Bubble Tea Industry In 2034 – Countries Offering Most New Opportunities
35.2 Bubble Tea Industry In 2034 – Segments Offering Most New Opportunities
35.3 Bubble Tea Industry In 2034 – Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. For Insights Consultancy
36.6. Copyright And Disclaimer
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