Popular milk tea manufacturer Coco got its start in Taiwan in 1997. Tommy Hung, who began selling tea from a modest stand in Taipei, launched the company. Since then, the number of Coco milk tea locations has increased to over 4,000, with a significant presence in Asia, North America, and Europe.
Popular milk tea brand Feng cha was created in Taiwan and has now spread to nations like Malaysia and Singapore. The price to operate a feng cha franchise varies according to the store’s location and size. According to some estimates, the initial investment, which includes the franchise fee, equipment, and other start-up expenditures, can range from $50,000 to $150,000. Why is milk tea popular right now?
There are many reasons why milk tea has grown popular. One benefit is that it has a distinctive flavor that appeals to people all around the world. The appeal of milk tea has also been boosted by the fact that it is frequently linked to gathering with friends and socializing. The popularity of social media has also contributed to the milk tea fad, with many users posting pictures of their favorite beverages on websites like Instagram.
What drawbacks are there to drinking milk tea? Even though milk tea is unquestionably tasty, there may be some negative aspects to it. One is that many milk tea beverages are calorie and sugar dense, which can result in weight gain and other health problems. Some milk tea brands have also come under fire for employing artificial flavors and additives, which can also have detrimental impacts on health. Finally, milk tea might be pricey, particularly if you get it from a well-known retailer or brand.
In conclusion, the milk tea market is flourishing, and tea vendors all over the world are benefiting from this well-liked brew. Although there may be some drawbacks to drinking milk tea, many people adore its distinct flavor and social allure. Whether you’re a milk tea connoisseur or a tea vendor, there’s no doubting that this beverage has won the hearts and palates of people all over the world.
“Royal Milk Tea” is the name of the first milk tea served in the Philippines. Early in the new millennium, the Japanese company Lipton debuted it. Since then, milk tea has gained popularity among Filipinos, and both domestic and foreign brands now offer their own variations of the beverage.