Of this amount, it expects $11.2bn (or 23%) to come from retail sales and $37bn (or 77%) to come from sales at foodservice establishments.
These facts are published in new reports called Beverage Bundle – Coffee and Ready-to-Drink Coffee in the US: Retail and Foodservice, 8th Edition and Tea and Ready-to-Drink Tea in the US: Retail and Foodservice, 5th Edition.
Forecasts say that sales of tea will reach $25bn in 2014. Of this amount, Research and Markets expects $6.2bn (or 25%) to come from retail sales and $18.8bn to come from foodservice sales.
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