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Leading new-style tea beverage brands in China in 2024, based on the store operating revenue (in billion yuan)

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Source

Release date

August 2025

Region

China

Survey time period

2024

Supplementary notes

One yuan equals approximately 0.14 U.S. dollars and 0.12 euros (as of August 2025).

Values have ben rounded.

Non-public company brands such as Heytea, which did not report their financial numbers, were excluded from the ranking.

Citation formats

Leading new-style tea brands China 2024, based on operating revenue

Published by ÌÇÐÄÆƽâ°æ Research Department, Aug 22, 2025

At the end of 2024, Mixue Ice Cream & Tea, Chinese multinational giant of bubble tea and other tea-based beverage chain stores, reported the annual operating revenue of approximately **** billion yuan. In comparison, its closest competitor Chagee generated a revenue of **** billion yuan in 2024.

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Topics

Bubble tea market in ChinaRetail industry in ChinaFood service and catering industry in ChinaTea industry in ChinaDairy industry in China
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