Ever wondered why cans of Arizona Iced Tea are cheaper than bottled water? Here's why:
Arizona Iced Tea has managed to maintain a sweet deal on its 99-cent, 23-ounce tallboy cans for more than two decades.
To keep production costs down, Arizona has decreased the amount of aluminum used in its 23-ounce cans by 40% since it launched in the early 1990s, the company said. It also has upped its output to produce 15,000 cans per minute. When the company first started, it was producing just 150 cans per minute.
The tea industry grew 2.2% between 2013 and 2018, and raked in $6.1 billion in revenue in 2018, according to market research firm IBISWorld. “We’re very active in social media. That’s our largest tool to speak to the younger consumer,” Vultaggio says. The brand has 180,000 followers on Instagram FB, +0.69% where it showcases the company’s signature turquoise cans around the world. Its competitor Lipton Ices Tea has 49,000 followers.
More and more consumers want beverages that contain less sugar and all-natural ingredients. More than one in three U.S. consumers are following a diet that limits sugar intake, according to data from the International Food Information Council Foundation’s 2018 Food & Health Survey. “Iced tea has become a little more important in our total consumption over the last decade or so. It’s still an on-trend beverage. What consumers don’t want is anything artificial,” David Portalatin, a food consumption industry analyst at NPD Group, said. “There’s been a desire to reduce our intake of sugar including high fructose syrup for the past few years, and have natural alternatives like agave nectar or honey as a sweetener.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Can Coca-Cola Increase Its Revenue And Profitability By Slashing Its Advertising The Next Two Years?It has been a long time since both, Coca-Cola (NYSE:KO) and PepsiCo (NASDAQ:PEP), diversified into segments other than carbonated soft drinks by selling juices, water, sports drinks, iced coffee, snacks, and other beverages. Though Coca-Cola is still the king when it comes to regular cola, PepsiCo..
और पढो »
Finding a haven at Tea Habitat, Alhambra’s secret shop for tea geeksLos Angeles Times restaurant critic Bill Addison loves tea, especially when he has a chance to sit down for a full gong fu cha ceremony with oolong specialist Imen Shan at Tea Habitat in Alhambra.
और पढो »
Democrats are having their own tea party-like moment right now, ex-House Speaker Boehner saysThe Democratic lurch way left is much like the disruption Republicans felt about decade ago with the rise of the tea party, says John Boehner.
और पढो »
Are Democrats Facing Their Own Tea Party-Style Reckoning?I witnessed the Republican Party become increasingly hostile to centrists. Now I’m seeing the same thing happening on the left.
और पढो »
Boeing shares cheaper, but are they a buy?The fall in Boeing shares has made the stock's valuation less expensive but...
और पढो »
For Older Adults Wanting A Good Night's Sleep, Try A Cup Of Cannabis TeaFor older adults looking to cannabis as a sleep aid, cannabis tea is an option to be considered. Commercial cannabis teas are attractive but pricey, but several DIY approaches, like cannabis infusions and extractions, offer distinct advantages.
और पढो »
Trump says Brazil is the 'ideal launch location' for US rocket companies: Here's why it's cheaperThe State Department on Tuesday announced the U.S. signed an agreement that would allow American rocket companies to operate from Brazil.
और पढो »