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Nestea

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Nestea
Product typeIced tea
OwnerNestlé
CountrySwitzerland
Introduced1948; 76 years ago (1948)
Subsidiary owners: Asia Brewery, Inc., Coca-Cola Bottlers Philippines, Inc. (Philippines)

Nestea is a Swiss brand of iced tea and pop beverages owned by Nestlé,[1] manufactured by The Coca-Cola Company and distributed by Nestlé's beverage department in the United States and by Beverage Partners Worldwide (BPW),[2] a joint venture between The Coca-Cola Company and Nestlé, in the rest of the world. It competes with Unilever/PepsiCo's Lipton Iced Tea and Fuze Tea. Nestea provides a variety of tea products, including liquid and powdered tea concentrates, refrigeratable teas, and ready-to-drink bottles dispensed by vendor or vending machine. The beverage comes in several flavors, depending on the country.

Since the start of 2017, Nestlé and Coca-Cola agreed to end the iced tea Nestea joint venture after 16 years of collaboration. One of the reasons for this, is that Coca-Cola and Nestlé want to pursue different strategies in a rapidly changing market. Nestlé will handle the distribution of Nestea in most countries except in Canada, Spain, Portugal, Romania, Andorra, Bulgaria and Serbia where Coca-Cola will retain a license.[3][4]

In 2019, Nestea rebranded as a natural product.[5] The new recipe, launched by Nestlé after the end of the joint venture, does not contain artificial colors and flavors, corn syrup or GMO ingredients anymore.[5] In addition, Nestea ready-to-drink iced tea is made with stevia extract and can be found in different flavors such as lemon, raspberry and peach.[6] The new recipe sources its tea leaves from Nilgiri, Sri Lanka, Kenya and Indonesia.[7]

See also

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References

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  1. ^ "Nestea". Nestle.
  2. ^ Nestlé - Nestlé and Coca-Cola: Joint venture to tap rapidly growing beverage segments Archived May 7, 2006, at the Wayback Machine
  3. ^ "Coca-Cola Hellenic Bottling Company Official Website". Archived from the original on 2019-08-17. Retrieved 2019-08-17.
  4. ^ "Nestle and Coke Are Ending Their Nestea Iced Tea Venture After 16 Years". Fortune. Retrieved 2020-10-16.
  5. ^ a b "Nestea Instant Returns as a Reformulated Natural Tea". World Tea News. 2019-12-09. Archived from the original on 2020-10-17. Retrieved 2020-10-16.
  6. ^ "Nestea Rolls Out Next-Generation Brewed Iced Tea". Food Processing.
  7. ^ "Nestea Iced Tea | Nestle Professional". www.nestleprofessional.com.my. Retrieved 2023-08-16.