June 2/Las Vegas, Nev./World Tea News -- Total tea sales will one day eclipse coffee sales in North America predicted three of four distinguished beverage industry leaders. The panel, moderated by World Tea Media founder George Jage, went so far as to pick the month (May) and day (17) of the event. The year? 2017.
Their confidence is buoyed by global market research from Mintel International which forecast tea sales growth of 50% between 2011 and 2016. In five years, experts predict tea will experience 5% growth in the foodservice sector and 10% growth in retail.