Tea is one of the most underdeveloped beverages in the United States. The potential is enormous, as tea barely compares in market size to beverage categories such as carbonated soft drinks, coffee and water. Moreover, numerous variables are in place to help drive the growth of tea sales.
Tea fits into the well-established movement among aging baby boomers to seek out foods and beverages that promise wellness and anti-aging effects. These aging boomers are not the major market for RTD iced tea beverages like Snapple, which targets college students and recent grads, nor are they the prime buyers of established tea bag and instant tea brands such as Lipton, which skew toward seniors. Boomers are the drivers of specialty teas, in every way, shape and form.
Furthermore, what makes tea uniquely positioned in the functional beverage category is that tea is inherently healthful. It’s not some sweetened, water-based drink loaded with fortifying ingredients. Tea is a nutritional powerhouse all on its own.
Packaged Facts’ new report, Tea and Ready-to-Drink Tea in the U.S., 3rd Edition, explores tea’s new prominence and the impact on the market and the consumer psyche.
This report examines the U.S. tea market—retail and foodservice. On the retail side, products include instant tea (multi-serving containers and single-serve/on-the-go packets), leaf tea (loose, bagged and stick forms), liquid concentrate (requires dilution prior to consumption) and ready-to-drink (RTD) (single-serve and multi-serve containers—shelf-stable and refrigerated).
Retail sales come from numerous channels. Mainstream venues are supermarkets, drug stores and mass merchandisers. Other retail venues include club stores, convenience stores (c-stores), dollar stores, drugstores, health/natural foods stores, specialty coffee/tea stores/cafes and “other,” which includes non-traditional food stores such as movie rental establishments, sporting goods shops, toy stores, bookstores, mail order and the Internet, as well as specialty stores that carry a limited assortment of a unique mix of foods and beverages (e.g., Trader Joe’s, Cost Plus, Fox & Obel, etc.).
What You’ll Get in this Report
Plus, you’ll benefit from extensive data, presented in easy-to-read and practical charts, tables and graphs.
How You Will Benefit from this Report
This report will help:
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