“The tea market is one that’s evolving relatively quickly,” Fuqua said. “It’s one of the most widely consumed beverages in the world.”
Dunkin’ Brands Group Inc., the doughnut chain’s parent company, is trying to attract higher-end consumers and compete better with Starbucks Corp., which sells Teavana brand tea. Starbucks has said the tea category is worth $100 billion globally and is its fastest-growing product segment.
Currently, Dunkin’ sells regular, decaf and green tea. The premium teas, sold in triangle-shaped sachets, may eventually replace this line, Fuqua said.
“Pending test results in Chicago, we think this is something that we’ll want to go broader with,” he said.