Items Tagged with 'loose-leaf tea'

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PepsiCo and The Coca-Cola Co

2020 State of the Beverage Industry: Tea market sales relatively flat

Consumer demand enables companies to charge more for unique blends
Barbara h200x200
Barbara Harfmann
June 24, 2020
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Despite the fact that tea market sales have remained relatively flat, there have been small pockets of growth in the $6.1 billion ready-to-drink (RTD) tea category, which saw a compound annual growth rate (CAGR) of 2.2 percent from 2013-2018, noted Los Angeles-based IBISWorld’s December 2018 report titled “RTD Tea Production in the US” in the June issue of Beverage Industry.


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Psychic Teaz Champagne

PsychicTEAz Champagne TEAz

January 24, 2020
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Psychic TEAz recently released Champagne TEAz, which is a non-alcoholic, loose-leaf tea available in 1.2-ounce bags (20 servings) for a suggested retail price of $9.99.


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Premium teas

RTD tea proliferates with health and wellness trends

Loose-leaf, bagged teas experience stagnant growth
Amanda del buono
Amanda Del Buono
June 12, 2017
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Continued interest in health and wellness, back to nature and proactive health trends have resulted in consumers turning to products that boast a natural, healthy halo. Although bottled water has experienced the most notable gains from these trends, bagged, loose-leaf and ready-to-drink (RTD) teas also have benefited from their associations as better-for-you products.
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