The founder of hibiscus/ginger tea beverage brand Spicegrove Audrey Powell is tackling inflation and supply challenges by launching new products featuring less expensive ingredients that complement those in her more premium flagship Caribbean hibiscus...
Shaka Tea has been acquired by Irresistible Foods Group, the parent company of King's Hawaiian (known for its packaged sweet bread rolls), to accelerate the distribution and brand awareness of the Hawaii-based beverage company.
Nestlé and The Coca-Cola Company have agreed to dissolve their Beverage Partners Worldwide joint venture, a 50/50 RTD tea partnership which includes the Nestea brand.
Roughly half of consumers wanted a tea that was healthy and hydrating compared to just 26% of consumers who wanted an energizing tea, when asked to create their ideal RTD tea, according to a Mintel report.