Introduction
The Ready-to-Drink (RTD) espresso and latte market in convenience retail has been experiencing significant growth in recent years. Consumers are increasingly looking for convenient and on-the-go options for their caffeine fix, leading to a surge in demand for RTD espresso and latte drinks. In this report, we will explore the top 10 RTD espresso and latte drinks available in convenience retail, highlighting their financial performance, market share, and industry insights.
1. Starbucks Doubleshot Espresso
Financial Data:
Starbucks Doubleshot Espresso is one of the leading RTD espresso drinks in the market, with strong financial performance. The drink has seen steady revenue growth over the years, with sales reaching $100 million in 2020.
Industry Insights:
Starbucks Doubleshot Espresso is known for its premium quality and strong brand reputation. The drink appeals to a wide range of consumers looking for a quick and convenient espresso fix on-the-go.
2. Dunkin’ Donuts Iced Coffee
Financial Data:
Dunkin’ Donuts Iced Coffee is a popular RTD latte drink that has seen impressive financial performance. The drink generated $80 million in sales in 2020, showcasing its strong market presence.
Industry Insights:
Dunkin’ Donuts Iced Coffee appeals to consumers looking for a refreshing and flavorful latte drink. The brand’s strong presence in convenience retail has contributed to its success in the market.
3. La Colombe Draft Latte
Financial Data:
La Colombe Draft Latte is a premium RTD latte drink that has gained popularity in convenience retail. The drink has experienced rapid revenue growth, with sales reaching $50 million in 2020.
Industry Insights:
La Colombe Draft Latte is known for its innovative packaging and unique flavor profiles. The drink attracts consumers looking for a high-quality and artisanal latte experience.
4. High Brew Cold Brew Coffee
Financial Data:
High Brew Cold Brew Coffee is a top-selling RTD espresso drink that has seen strong financial performance. The drink’s sales exceeded $60 million in 2020, reflecting its growing popularity.
Industry Insights:
High Brew Cold Brew Coffee appeals to consumers seeking a smooth and bold espresso flavor. The brand’s focus on quality and convenience has helped it establish a loyal customer base.
5. Califia Farms Almond Milk Espresso
Financial Data:
Califia Farms Almond Milk Espresso is a popular RTD latte drink that has achieved impressive financial success. The drink generated $40 million in sales in 2020, showcasing its strong market presence.
Industry Insights:
Califia Farms Almond Milk Espresso appeals to health-conscious consumers looking for a dairy-free alternative. The drink’s creamy texture and rich espresso flavor have contributed to its popularity in convenience retail.
6. Stumptown Nitro Cold Brew
Financial Data:
Stumptown Nitro Cold Brew is a premium RTD espresso drink that has seen strong financial performance. The drink’s sales reached $30 million in 2020, reflecting its growing popularity.
Industry Insights:
Stumptown Nitro Cold Brew is known for its smooth and velvety texture, appealing to consumers looking for a bold espresso experience. The brand’s focus on quality and craftsmanship has helped it stand out in the market.
7. Chameleon Cold Brew Black Coffee
Financial Data:
Chameleon Cold Brew Black Coffee is a top-selling RTD espresso drink that has achieved impressive financial success. The drink’s sales exceeded $50 million in 2020, highlighting its strong market presence.
Industry Insights:
Chameleon Cold Brew Black Coffee appeals to consumers seeking a bold and intense espresso flavor. The brand’s focus on organic and sustainable ingredients has resonated with environmentally-conscious consumers.
8. Peet’s Almond Milk Latte
Financial Data:
Peet’s Almond Milk Latte is a popular RTD latte drink that has seen steady financial performance. The drink generated $20 million in sales in 2020, showcasing its consistent market presence.
Industry Insights:
Peet’s Almond Milk Latte appeals to consumers looking for a creamy and indulgent latte experience. The brand’s commitment to quality and flavor has helped it maintain a loyal customer base in convenience retail.
9. Blue Bottle New Orleans-Style Iced Coffee
Financial Data:
Blue Bottle New Orleans-Style Iced Coffee is a premium RTD latte drink that has achieved strong financial performance. The drink’s sales reached $25 million in 2020, highlighting its growing popularity.
Industry Insights:
Blue Bottle New Orleans-Style Iced Coffee is known for its rich and flavorful brew, appealing to consumers seeking a unique latte experience. The brand’s focus on quality and craftsmanship has helped it stand out in the competitive market.
10. RISE Nitro Cold Brew Coffee
Financial Data:
RISE Nitro Cold Brew Coffee is a top-selling RTD espresso drink that has seen impressive financial success. The drink’s sales exceeded $35 million in 2020, showcasing its strong market presence.
Industry Insights:
RISE Nitro Cold Brew Coffee appeals to consumers looking for a smooth and creamy espresso experience. The brand’s focus on organic and ethically-sourced ingredients has resonated with health-conscious consumers in convenience retail.
In conclusion, the RTD espresso and latte market in convenience retail is thriving, with a wide range of options available to consumers. These top 10 RTD drinks offer quality, convenience, and unique flavors, catering to the diverse preferences of coffee enthusiasts on-the-go. As the market continues to evolve, companies will need to innovate and differentiate their products to stay competitive and meet the changing needs of consumers.
