LOS ANGELES, Calif.
QTrade Teas & Herbs' customized product development service meets the demands of both traditional tea brands that want to enter the single-serve field, as well as coffee and beverage companies seeking to complement their existing single-serve menu with high quality teas.
The potential for growth in this market is readily apparent. In 2011 alone, herbal tea brand Celestial Seasonings saw their single-serve business grow 162%, while Starbucks’ single serve products brought in $1.2 billion dollars in sales.
Single-serve coffees accounted for 40% of Dunkin’ Donuts’ same store sales increase in Q2 of 2012.
In spite of its rapid growth, the quality of the tea offered in single serve format is often described as poor, while equivalent single-serve coffee products are described as moderate to good. With entry barriers to lowered in this once exclusive field, due to the expiration of Green Mountain Coffee’s K-Cup™ patents this September, the time is ripe for brands to develop better quality teas for customers concerned with convenience.
QTrade Teas & Herbs, the largest supplier of organic teas in North America, is positioned to help beverage companies take advantage of the unprecedented growth. Delicious blends created specifically for single serve such as “Lychee Oolong,” and “Coconut Green Tea,” as well as perennial favorites like “Calming Chamomile,” “Southern Sweet Iced Tea,” and “Earl Grey de La Crème,” represent only a fraction of the potential for products in this arena. From concept, to pricing, to execution, QTrade is prepared to raise the quality, value, and selection of single-serve teas for companies wanting to enter the market.
To learn more contact QTrade at www.qtradeteas.com or call (949) 766-0070.