A system for dispensing individual servings of a beverage, said system comprising: a beverage receptacle holder adapted for retaining a beverage receptacle; a plurality of dry formulation beverage mixtures; selection means for selecting one or more of said beverage mixtures for said beverage; dispensing means for measuring an individual serving quantity of said selected one or more beverage mixtures and for depositing said individual serving quantity into said beverage receptacle; fluid dispensing module for depositing an individual serving quantity of a selected fluid into said beverage receptacle; means for sealing said beverage receptacle; and means for mixing said individual serving quantity of said beverage mixture and said fluid to provide a mixed beverage for dispensing.