Industry Analysis & Industry Trends
Demand for tea will continue to brew over the next five years due to increased health awareness and new product offerings. Tea is becoming infused into the American diet as consumers become more health conscious and look for alternatives to sugar-rich carbonated beverages. However, while the tea industry will continue to experience an upswing, strong demand for ready-to-drink teas and beverages, this industry's competitors, will somewhat limit revenue growth... purchase to read more
Industry Report - Industry Locations Chapter
The West region of the country houses the majority of establishments, accounting for 34.1% of the industry total. California is home to more manufacturing facilities than any other state, comprising 12.1% of all establishments. A young, educated and affluent consumer base and easy access to big population centers such as San Francisco, Los Angeles, Seattle and Western Canada, make it ideal for producers to base themselves in the region. Further, easy access to raw materials grown in South America, Asia and Africa substantially reduces transportation costs.
The Southeast region accounts for 15.2% of total establishments... purchase to read more