How Much is Arizona Tea Worth?
Arizona Tea is one of the most popular iced teas on the market in the United States, enjoying widespread fame since its debut in the early 1990s.
The brand has soared in popularity and remains an iconic symbol of Americana, available in a variety of flavors and sizes. But how much is Arizona Tea really worth?
The Company Value
The Arizona Beverage Company, the producers of Arizona Tea, was most recently valued at around $1 billion, though it has never been officially assessed by Forbes or any other valuation firm.
The company is privately owned, so accurate figures can often be hard to come by. However, the publicly-available information from previous mergers and acquisitions suggest that the brand is worth several hundred million dollars or more.
Retail Price and Distribution
The retail prices for Arizona Tea range from around $.99 for a can or single-serve bottle, up to about $3.50 for a gallon bottle.
As to its distribution, Arizona Tea is available in over 40 countries, with its two biggest markets being the United States and Canada.
Revenue and Growth
Despite the tough competition in the U.S. iced tea market, Arizona Tea continues to enjoy widespread success. The brand is estimated to generate around $600 million in annual revenue, and sales have continued to grow year-on-year.
This growth can be attributed to both its wide variety of flavors, as well as the company’s aggressive marketing strategies that focus on connecting with its customers.
In conclusion, Arizona Tea is a billion-dollar company whose retail prices range from around $.99 for a can or single-serve bottle, up to about $3.50 for a gallon bottle. The brand is estimated to generate around $600 million in annual revenue and is available in over 40 countries.
Its success is powered by both its wide variety of flavors and aggressive marketing strategies.