iwi Entrepreneurs Launch Award-Winning 'Supertea' Range
For immediate release.
Kiwi Entrepreneurs Launch
Award--Winning ‘Supertea’ Range Into The World’s
Most Competitive Market.
US deal forecast
to double Ti Tonics turnover this year.
Iced tea is an
international success story. In the US last year, sales of
tea and bottled tea reached an estimated $6.7 billion, with
Mintel predicting the category will grow by 18% over the
next five years. A homegrown New Zealand brand, Ti Tonics,
is now poised to take on the highly competitive North
American market. Ti Tonics founder Dr Tracey King has never
been one to shy away from a challenge. She was a competitive
tennis player in the United States, before gaining a PhD in
Health Psychology and becoming an academic psychologist
specialising in health and mind/body medicine. Coming home
to New Zealand, she saw that the local iced tea market was
significantly underdeveloped -- but with enormous
potential. Ti Tonics launched in 2011, and rapidly signed up
quality distributors throughout Australasia. They’ve
already won several major industry awards, including Best
Tea-- Based Beverage and Supreme Beverage at this year's
New Zealand Juice and Beverage Association Awards. The new
deals with three premium beverage distributors will give Ti
Tonics access to more than 10,000 outlets throughout
California. The range will be stocked in high-- end
independent cafés and delis, including the iconic Dogtown,
Urth and Mrs Winstons.
“In the US, refrigerated teas are experiencing 9% annual growth, which is propelling the whole sector,” explains King. “Consumers are becoming increasingly health conscious, and moving away from carbonated beverages.” Ti Tonics taps into this growing consumer demand for ‘wellness’ by providing a vastly more potent dose of antioxidants than regular iced teas. A major innovation is their use of new natural sweeteners, instead of the conventional concentrated apple juice. As a result, Ti Tonics teas have exceptionally low levels of sugar – less than 2% versus 7 -- 8% in most other bottled teas. And, of course, their fruit--infused flavours taste delicious. “We doubled our revenue in the last financial year, and our US market expansion should ensure we double turnover again within the next 12 months,” says King. “Ultimately, we aim to be selling in excess of 200,000 cases of Ti Tonics a year. Our business goal is, quite simply, to see our product everywhere.
What’s the point of creating a great product if you’re not accessible to everyone?” The Ti Tonics range is available in New Zealand from Countdown, Nosh, selected New World supermarkets, cafés and specialty stores. www.ti--tonics.com
ENDS