$42.0bn
$X.Xbn
67,051
402
$X.Xbn
In the current period, dropping per capita soft drink consumption expansively impacted soda producer performance. Demand for both regular and diet carbonated soft drinks has fallen as more consumers have prioritized choosing healthier beverages, mainly resulting from media coverage of the adverse effects of sugary beverages. While robust growth of energy drinks has benefited soda producers, it has not been enough to keep revenue in expansion territory. Soda producer revenue will drop at a CAGR of 1.5% to an estimated $42.0 billion through the end of 2024, including an estimated 0.7% contraction in 2024 alone.
Industry revenue has declined at a CAGR of 1.5 % over the past five years, to reach an estimated $42.0bn in 2024.
Market size is projected to decline over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Pepsico, Inc. | 18,038.7 | 2,506.6 | 13.9 | |
Keurig Dr Pepper Inc. | 8,797.4 | 2,073.3 | 23.6 | |
Monster Beverage Corporation | 2,912.6 | 796.5 | 27.3 |
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Industry revenue is measured across several distinct product and services lines, including Regular carbonated soft drinks, Diet carbonated soft drinks and sparkling water and Energy and sports drinks. Regular carbonated soft drinks is the largest segment of the Soda Production in the US.
Regular carbonated soft drinks are dropping in popularity
Soda producers manufacture soft drinks by blending various ingredients with artificially carbonated water. This industry also includes energy beverages, which are specifically formulated with stimulants like caffeine and guarana for boosted mental and physical stimulation.
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NAICS 312111 - Soda Production in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Major soda producers have introduced new products, including various sweeteners, to mitigate losses resulting from lower consumption. Strong brand loyalty and new artisanal p...
Learn about an industry's products and services, markets and trends in international trade.
Expanding consumer health consciousness has reoriented demand for soft drinks. Soda producers are increasingly focusing on more low-calorie, energy-oriented alternatives.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Population concentration drives location choices for soda companies. Regions with major metropolitan areas, like the New York and Atlanta areas, are home to soda producers be...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Soda producers compete based on price levels, product range, product innovation and marketing. The proliferation of private-label brands has also intensified price-based comp...
Learn about the performance of the top companies in the industry.
PepsiCo Inc. is the largest soda producer in this comparison. The company leverages its portfolio and brand recognition to maintain its position in the market.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Rising concerns about the safety of caffeinated beverages have led government officials to propose legislation to curb their consumption. These regulations, which get passed ...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
The leading soda manufacturers see higher earnings than the industry average. As competition has intensified, some smaller producers have been pressured to lower their prices...
Including values and annual change:
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Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Soda Production in the US industry in United States is $42.0bn in 2024.
There are 402 businesses in the Soda Production in the US industry in United States, which has grown at a CAGR of 2.1 % between 2019 and 2024.
The market size of the Soda Production in the US industry in United States has been declining at a CAGR of 1.5 % between 2019 and 2024.
Over the next five years, the Soda Production in the US industry in United States is expected to decline.
The biggest companies operating in the Soda Production market in United States are Pepsico, Inc., Keurig Dr Pepper Inc. and Monster Beverage Corporation
Producing regular carbonated soft drinks and Producing diet carbonated soft drinks and sparkling water are part of the Soda Production in the US industry.
The company holding the most market share in United States is Pepsico, Inc..
The level of competition is high and steady in the Soda Production in the US industry in United States.