Although perhaps not the impressive gold-medal victory achieved by the U.S. Men’s Olympic hockey team over the Russian’s in 1980 in Lake Placid, N.Y., most areas of the non-dairy market are scoring plenty of goals, with the exception of the juice market, which is biding its next chance to skate through a slump.
The ready-to-drink (RTD) coffee and tea beverage categories experienced some hiccups in the past year. Results ranged from mixed to negative in all subcategories, according to data provided by Circana, a Chicago-based market research firm.
IFT First wrapped up its annual trade show at Chicago’s McCormick Place from July 16-19. More than 16,000 food professionals attended the event, and more than 800 companies exhibited.
Private-label milk sales account for a large percentage of these sales, reaching $8.6B in the same period. Natural cheese placed a close second at $8.1 billion,
All categories running on all cylinders with the exception of juice products.
November 18, 2022
All categories within nondairy beverages, with the exception of juice products, are shooting for the stars. Ready-to-drink coffee in chilled, take-home format packaging is driving 37% growth. . Check out which brands are thriving.
Portland, Ore.-based organic kombucha and tea producer Brew Dr. says it expanded its popular Uplift yerba mate product line with a new Sweet Mint flavor.
If sales data are any indication, more consumers are saying goodbye to coffee filters, tea bags and the long wait to brew. According to data from Chicago-based market research firm IRI, dollar sales within the shelf-stable ready-to-drink (RTD) tea and coffee category shot up 9.5% during the 52 weeks ending Aug. 8, 2021, to $7,647.5 million. Unit sales increased 3.0% to 3,044.1 million.
Pure Leaf, a product of the Pepsi Lipton Tea Partnership, Purchase N.Y., launched Pure Leaf Herbal Iced Teas, a line of premium iced teas that are caffeine-free, have no artificial sweeteners and are brewed with real hibiscus flowers.