While there are no official announcements or confirmations yet from Starbucks, if true, Iced Ube Coconut Macchiato would be a follow-up to the brand’s first-ever ube drinks introduced last year: Starbucks Reserve Iced Ube Coconut Latte and Martini, also featuring the Ube Coconut Cold Foam.
Closer to home, Filipino food brand Carmen’s Best announced recently the arrival of its new ice cream flavors, which includes Ube Halaya, “made with real ube,” premium ingredients and 100 percent fresh milk.
Ube Halaya, together with fellow new ice cream flavor Tiramisu, are created in collaboration with HOPE, and every pint purchased helps build classrooms, “turning a moment of indulgence into a gift of education,” said Carmen’s Best, which just forged an exclusive partnership with 7-Eleven to bring its single-serve sizes in convenience stores.
Due to their uniqueness as flavors and “Instagrammable” colors, ube and matcha are both experiencing significant surges in global popularity, driven by social media, according to data company Polaris Market Research.
Though matcha still commands a much bigger global market, valued at $4.28 billion in 2024, with projections to reach $9.03 billion by 2034, ube has been dubbed “the new matcha” with an emerging demand valued at $455.3 million in 2024 and a projected value of $943.6 million by 2035.
In 2024, ube was named “Flavor of the Year” by custom flavor developer T. Hasegawa USA. Although still smaller than matcha, ube’s growth is explosive, with exports quadrupling in recent years.