Iced Tea – Market Potential
Before we start exploring the market potential of the iced tea, let us first see why the people will tend to buy the product.
There are various benefits of iced tea and few of them are as follows:
Talking about organic, this is the untapped iced tea market where businesses must dive in for a hefty revenue splash. As per a business survey, audiences are more directed towards the brewed iced tea rather than the extracted ones. One of the reasons for this tilt is the peculiar taste of tea that is present in the brewed iced tea but not in the extracted iced tea.
Moreover, the cost of iced tea produced from the extracted ingredients is higher as compared to the brewed one but if combined together the taste can be retained and the cost also becomes feasible.
Also, the audience considers brewed iced tea more of a natural product, adding one more point to the list of why people like it instead of the extracted one. If we just infuse both brewed one and the extracted flavor the cost will be a little higher than the extracted one but the sales will also shoot up, creating a scope of higher-margin for both customer and the business.
The global iced tea revenue for the year 2018 was valued at $21 billion and is expected to grow by almost 40 percent during the forecast period 2018 to 2024.
Organico Beverages
Bringing Simplicity in the Iced Tea Productions
Organico Beverages believes in bringing a revolutionary change in the beverage industry by filling the gaps such as Hygiene facilities, Technical Know-how and long-term partnership in this segment. We have a 360-degree beverage processing infrastructure that caters to every business requirement of our customers, providing a complete solution to enter the Iced Tea market or any other beverage industry.
The customer won’t need to invest heavily in setting up the entire production plant as Organico Beverages takes care of it along with other production-related services. Our team consists of expert professionals that provide you the best-in-class service as well as reach in the industry. Thereby, helping you grow by leap and bounds.
Here are the services that Organico Beverages offers for a hassle-free business journey:
