• Hot Tea Gains Marketing Momentum | FDA Bans Red Dye No. 3 | Argentine Tea  Awarded GI Status

    The celebration of Hot Tea Month has been steadily gaining steam (pun intended). Marketers have invested in building momentum in recent years, coinciding with growing interest in wellness and healthy lifestyle habits. Many consumers, particularly in Western markets, are increasingly aware of these benefits and incorporating tea into their daily routines. | Cherry red erythrosine (known commercially as Red Dye No. 3) is widely used to color beverages, snack foods, and candy but is not commonly used to color tea. The US Food and Drug Administration (FDA) banned Red Dye No. 3 in cosmetics and personal care products out of concern for health risks. On Jan. 15, the FDA extended the ban to include food products, beverages, and ingested drugs. | Argentine tea produced in Misiones and northern Corrientes has been awarded a Geographical Indication (GI) from the European Union (EU). Tea from these provinces is the southernmost tea produced on the planet.

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    Tea News for the week ending 17 January 2025

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    India Tea News
    India Tea News | Aravinda Anantharaman
    Hot Tea Month
    January is Hot Tea Month

    Marketers Add Momentum to Hot Tea Sales

    By Dan Bolton

    The celebration of Hot Tea Month has been steadily gaining steam (pun intended). Marketers have invested in building momentum in recent years, coinciding with growing interest in wellness and healthy lifestyle habits. Many consumers, particularly in Western markets, are increasingly aware of these benefits and incorporating tea into their daily routines.

    Hot Tea Month has highlighted traditional black and green herbal teas in the past decade and newer and trendy varieties such as matcha, chai, and bubble tea. The month has become a time for people to explore new types of tea and experiment with different brewing methods and innovations to enhance tea’s cultural and health aspects.

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  • Top Buyer Cargill Exits the Mombasa Tea Auction after 40 Years | Tea Importers Oppose Pakistan’s Minimum Retail Price | Nonprofit True Pricing Releases Food and Beverage Report

    Top tea buyer Cargill Kenya has been winding down its annual 60,000 metric tons of tea purchases at the Mombasa Tea Auction for some time. A corporate memo laments the loss of Unilever and clients like Van Rees and recommends closing the trade desk and six warehouses after 40 years. It is a strategic move driven by lower commodity prices globally. With a $160 billion turnover, US-based Cargill reported a $17 billion decline in yearly sales in May. | Tea importers in Pakistan are resisting the imposition of a Minimum Retail Price as the base for payment of sales tax, which, at 18%, adds Rs 216 per kilo to the cost of bulk tea. Importers want the tax applied to the import value as a raw product. | The Netherlands-based nonprofit True Price Foundation released a food and beverage report for retail and food service, making the business case for calculating and transparently communicating the hidden costs to people and the environment for producing food.

    Tea News for the week ending 13 December 2024

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    India Tea News
    India Tea News | Aravinda Anantharaman
    Cargill Beverages
    Cargill Beverages

    Top Buyer Cargill Exits the Mombasa Tea Auction

    By Dan Bolton

    Cargill Kenya, Ltd., the largest buyer at the Mombasa auction, announced it will cease trading tea after 40 years.

    The company purchases approximately 60,000 metric tons annually, which gives it a 15% to 20% market share at the weekly auction. The annual trade value ranges from $180 to $210 million. Sales have declined in the past year following the sale of Unilever’s tea properties to Lipton Teas & Infusions. Cargill also manages six Mombasa warehouses with a combined capacity of 20,000 metric tons.

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