It's not clear how profitable a niche product that is more complicated to produce and distribute than juice will be for the food and beverage giant, whose shares have been underperforming U.S. rivals Coca-Cola Co.

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Juice is one of the fastest-growing beverage segments in China, as consumers look for healthier alternatives to cola drinks.

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The two companies are responsible for 59% of orange juice sales in the U.S., according to Beverage Digest, an industry publication.

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The same concept should work equally well in other areas of the beverage business, especially if Starbucks can brand its juice concepts with a wellness message.

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Plain coconut waters can be an ideal beverage for those who are looking for a drink that is less sweet than soda or juice, but the calories can add up if you are not careful.

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Drinks are a good place to be in right now: Fruit juice and dairy products are rising 18% a year in consumption, much faster than the 15% for the beverage industry overall, according to figures from the Soft Drink Industry Association (Asrim).

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