Lipton Teas & Infusions (formerly Ekaterra - a tea division of Unilever) after separation from Unilever, inherited a tea portfolio of 36 brands with total turnover of USD3 billion, making it the number one company in tea in the world. In 2024, over two thirds of company sales come from black tea, following the sales structure of its most popular brand Lipton.
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For Lipton Teas & Infusions, Lipton is its flagship brand, driving most sales globally, with its core sales coming from black tea. Lipton ranks number one brand in tea globally, which puts the company in the top three hot drinks companies in the world.
The two regions together deliver around a half of the company’s sales, predominantly driven by Lipton. Turkey and Pakistan, thanks to large market size and above-average per capita consumption, are expected to be the largest contributors to the company’s forecast growth.
Black tea is the core area for the company, accounting for some 70% of annual sales. With a strong focus on black tea, approaching market maturity could create limitations. In 2023, Lipton Teas & Infusions launched a new marketing campaign for Lipton and invested in its popular British brand PG Tips, trying to refresh the conservative image of black tea and put value back into black tea by entering the premium segment.
Realising the limitations that come with the maturity of black tea, Lipton Teas & Infusions is looking to diversify into areas of higher growth. The company has expanded into fruit/herbal teas with Lipton and smaller local brands, such as Pukka, Elephant, Saga, Tazo and others.
In 2024, the company sold its tea estates in Kenya, Tanzania and Rwanda, and committed to concentrate on value-adding activities, such as brand management and global supply of consumer-ready products.
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