This launch underscores Royal Cup's continued growth, with five distinct flavors now available: the original Sweet Latte and the four new additions. Royal Cup's RTD Cold Brew collection provides a perfect option for every preference, from bold and black to sweet and indulgent.
Despite a decline in the ready-to-drink (RTD) category, bottled fruit juice blends grew 8% YoY to $490 million, with unit sales up 4% to 124 million. Bottled pineapple juice rose 15% to $106 million, and smoothies surged 43% to $64.6 million.
STōK Decaf Cold Brew is available in the brand's top two performing roasts, Unsweet and Not Too Sweet, and with a freshly designed, white label to differentiate from the original items.
Increasing demand for dairy-based products, rising health consciousness among consumers, and the availability of diverse flavors and varieties are big draws.
Milk, tea, coffee, aseptic juices, and bottled juices, major components of the ready-to-drink (RTD) dairy beverage market, are seeing great growth. In fact, the global RTD beverages market is projected to grow from $766.69 billion in 2024 to more than $1 trillion by 2032.
The company announced the expansion of capabilities at its Extract and Ready-to-Drink (RTD) facility in Conway, Ark., and also entered into a non-binding letter of intent with Select Milk Producers to establish a joint venture to build and operate an extended shelf life and aseptic, multi-serve bottle facility in Texas.
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.
Across the globe, individuals consume an estimated 2.25 billion cups of coffee per day. Coffee contributes a range of biologically active compounds, including many with antioxidant activity.