NEW YORK -- After several years of rapid expansion, ready-to-drink iced teas are projected to exhibit more tepid growth in the years ahead, according to a new report. In its RTD Tea and Coffee in the U.S. -- 1995 report, Beverage Marketing Corp. here found that wholesale dollar sales of ready-to-drink iced tea were up 14.8% in 1995 to $1.7 billion. However, that growth was substantially less than the 50% growth the category saw in 1994 and 94% growth it exhibited in 1993. The report found ...
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