Starbucks plans to increase its global tea business to $3B over the next five years as it starts selling its Teavana line in more than 6,200 stores across the Asia Pacific region following its entry in China last week. American consumers seeking out healthier food and drink options propelled Starbucks’ (NASDAQ:SBUX) tea business to grow 12% last year, with sales of best-seller iced tea climbing 29%.
