Insights

Follow these Industry Experts as they discuss everything ranging from country of origin travels, health and wellness, and market trends.

Tea Gains Market Share at Restaurants

Technomic, a foodservice research and consulting firm, released its 2017 Away-From-Home Beverage Study, which shows a continued increase in iced and hot tea sales. “Beverages account for $1 out of every $5 consumers spend away from home,” David Henkes, senior principal at Technomic, said in a company press release. Hot and cold beverages garnered...

Trends in the Global Flavored Tea Market 2017-25

Along with increasing popularity of different flavors in the global tea market, a rising consumer base has led to the introduction of new tea flavors. This is expected to spur the growth of the global market for flavored tea, according to Transparency Market Research. Health and flavor attract consumers, with herbal teas such as...

Teavana’s Closure Not a Specialty Tea Failure

Starbucks points to the evaporation of American malls as a key cause for its decision to pull the plug on Teavana’s retail locations, but the parent company appeared perpetually confused as to both the merchandising and promotion strategies needed to boost sales. From the beginning, Starbucks never appeared to resolve Teavana’s woes. Consumers consistently...

Iced Tea Sales on the Rise at C-Stores

According to a new report, rising numbers of consumers are purchasing cold tea at convenience stores, citing taste, cleanliness, quality, and value as the most important purchasing factors. In its spring 2017 Convenience Store Consumer Marketbrief, foodservice research firm Technomic reports that 44 percent of all convenience store consumers purchase dispensed tea from c-stores...

Planter Will Chair India Tea Board

KOLKATA, India The Government of India broke with tradition last week and named the first tea planter to chair the India Tea Board. In announcing the appointment, the Ministry of Commerce & Industry stated that the executive powers formerly held by the chair will be transferred to an executive deputy chairman, a position that...

Soda Loses Market Share to Tea

Tea is an important segment in the wave of refreshment beverages that for the first time has surpassed carbonated soft drinks by volume. “The U.S. liquid refreshment beverage market grew more quickly in 2016 than in 2015, which in turn saw acceleration over 2014’s growth,” according to New York-based Beverage Marketing Corporation (BMC). “The...

Coffee, Tea and Juice Co-Brand Under One Roof

­­ Beverage brands have figured out there is strength in numbers. Companies are collaborating to create co-branding concepts to meet more customer needs at one location. JAB Holding Co., the parent company of Caribou Coffee and Einstein Bros. Bagels is co-branding with Argo Tea. Additionally, DRNK coffee + tea and Qwench juice bar are...

Teforia Partners with Yamamotoyama

Teforia this week announced a partnership that will pair Japan’s venerable Yamamotoyama teas with the company’s intelligent tea infuser. Yamamotoyama, a family-owned business founded in 1690, produces world-renowned premium green teas that will now be available in the tea portfolio at Teforia.com. Two hundred and seventy nine years ago the fabled company was the...

Beauty and the Beast Inspires Tea Interest Worldwide

The live-action Beauty and the Beast film comeback has infiltrated the world of tea across the globe. The classic story features Belle, a young woman held captive in a castle by a beast. While there, she befriends the castle’s staff. A close friend and confidant of hers is a teapot named Mrs. Potts, who...

RTD Tea Market Is Growing Faster Than Soda

Ready-to-drink teas are steadily increasing in popularity among consumers and sales are expected to continue to grow. The ready-to-drink tea market grew by 40 percent between 2011 and 2016, according to a report by Zenith Global, a beverage consultancy. The average annual growth rate of RTD teas is 7 percent. Its growth has far...