Stephanie Cernivec is the managing editor of Beverage Industry magazine, like Dairy Foods, a publication of BNP Media. This article is adapted from the December 2012 Beverage Industry.
Tea and ready-to-drink (RTD) tea achieved estimated sales of $6.7 billion in 2012, according to Chicago-based market research firm Mintel. And sales are expected to grow to nearly $8 billion by 2014, said Douglas Rash, group vice president of global sales for Treatt, Lakeland, Fla., citing statistics from Rockville, Md.-based Packaged Facts.
