What is the market share for soft drinks?
In 2020, Coca-Cola was ranked as the leading carbonated soft drink (CSD) company in the United States with a volume share of 44.9 percent. Ranked second, PepsiCo garnered a volume share of 25.9 percent that year.
How big is the soft drink market?
In 2020, the global Soft Drinks market size was USD 122400 million and it is expected to reach USD 163260 million by the end of 2027, with a CAGR of 4.2% during 2021-2027. Soft Drinks market is segmented by region, by country, company, type, application and by sales channels.
Is the soft drink market growing?
Soft Drink Production in the UK trends (2016-2021) Over the five years through 2021-22, industry revenue is forecast to grow at a compound annual rate of 0.6% to reach £5.1 billion.
What is Pepsi’s market share?
In 2020, PepsiCo’s U.S. market share in carbonated soft drinks was 25.9 percent. PepsiCo is an American food and beverage corporation, based in Purchase, NY. Famous company brands are Pepsi and Mountain Dew.
What was Coca Cola’s market share in 2020?
19.5 percent
In 2020, Coke Classic brand’s U.S. market share amounted to 19.5 percent.
How much is Pepsi’s market share?
In 2020, PepsiCo’s U.S. market share in carbonated soft drinks was 25.9 percent.
How much is the soft drink industry worth 2021?
The market size, measured by revenue, of the Soda Production industry is $39.2bn in 2021. What is the growth rate of the Soda Production industry in the US in 2021? The market size of the Soda Production industry is expected to decline -2.2% in 2021.
Who are Pepsicos competitors?
Competitors: PepsiCo is a food-and-beverage manufacturer that specializes in snack foods and soft drinks. One of PepsiCo’s main competitors in the beverages industry is Coca-Cola (KO). Other competitors in the consumer staples sector include: Dr Pepper Snapple Group (DPS), Coca-Cola Enterprises (CCE), and Reeds (REED).
What kind of market structure is the soft drinks industry?
The market structure of the soft drink industry is a two-tiered one in which a small group of nationwide syrup producers grant exclusive territorial franchises to local bottlers, making them the sole distributors of items trademarked by the syrup producers within a specific geographic area.
What are carbonated soft drinks?
Soft drinks are made by mixing dry or fresh ingredients with water. Production of soft drinks can be done at factories or at home. Soft drinks can be made at home by mixing a syrup or dry ingredients with carbonated water, or by lacto-fermentation.
What is the soft drink industry?
The soft drink manufacturing industry is part of the nonalcoholic beverage industry, which also includes ice and bottled water manufacturing and is covered in a separate industry profile. Companies primarily engaged in bottling and distributing soft drinks are not included in the industry.