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Friday, 06/23/2017 10:35:27 AM

Friday, June 23, 2017 10:35:27 AM

Post# of 48421
According to the article I just referenced, we are in one of the best performing sectors of the last 50 years and in this industry there was a tiny Long Island beverage company that came to be known as Snapple and eventually sold for $1.7 billion dollars. It is now called the Dr Pepper Snapple Group which has a market cap of approximately $17 billion.

This trend in the ready to drink (RTD) tea segment expects rocket growth over the next decade. In 2015 US sales were estimated to be $7.1 billion in Tea and Ready-to-Drink Tea: U.S. Retail Market, 6th Edition. The global growth trend is estimated at over 6.5% annual growth projected to balloon to an estimated $55 billion global market by the year 2019 and as much as $116 billion by 2024(4).

Buzzy is continuing this trend of replacing carbonated beverages with healthier non-carbonated beverage options. We are in the right place at the right time and with the right product VGID will rocket too!