The 18% annual value increase outperformed the 12% growth in the overall coffee shop sector, The Iced Beverages 2017 report from Allegra found.
With an estimated market turnover of £338M, growth in iced beverages is set to continue through 2017, it said.
Fruit juice ‘health halo’
Meanwhile, 100% fruit juice continues to maintain its ‘health halo’ among young consumers, despite the bad press the fruit juice sector has received in recent years, according to a survey conducted for Welch’s Global Ingredients Group.
When asked to rank a selection of beverages in order of healthiness, 300 fruit juice drinkers aged 18–35 ranked sparkling water, 100% fruit juice and milk as the top three.
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