The Market value (retail sales value) of Soft Drinks Industry in United States of America attained a value of USD 205,869.03 Millions in 2020
The Industry recorded a historical growth (CAGR) of 2.58% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the Industry to grow at a CAGR of ...
The soft drinks market in the US has steadily been increasing since 2017 and reported a single-digit YoY growth in 2020.
Coca-Cola, PepsiCo, Keurig Dr Pepper, and Nestle were the top four largest players in the soft drinks market in 2020. The top five players held a significant market share in soft drinks market by value in the US in 2020.
Coca-Cola, Pepsi-Cola, and Dr Pepper were the top three leading brands in the US’s soft drinks market.
Soft Drinks contain different types of categories such as packaged water, bulk/hod water, flavored water, enhanced water, carbonates, juice, nectars, still drinks, squash/syrups, fruit powders, iced/rtd tea drinks, iced/rtd coffee drinks, sports drinks, and energy drinks.
Coca-Cola leads the way in the soft drinks market in the US in 2020
Coca-Cola was the leading company in the soft drinks market (by value) in the US in 2020. Coca-Cola, Sprite, Minute Maid, and Dasani were the leading brands of Coca-Cola. The company reported a negative YoY growth in 2020.
PepsiCo ranked second in the soft drinks market in the US
PepsiCo held the second-largest share (by value) in the soft drinks market in the US in 2020. Pepsi-Cola, Mountain Dew, Gatorade, and Aquafina were the top four brands of the company. The soft drinks company reported a positive double-digit YoY growth in 2020.
The other leading market positions were held by Keurig Dr Pepper and Nestle.
Keurig Dr Pepper and Nestle held the third and fourth-largest market share (by value) in the soft drinks market in the US.
Dr Pepper, Canada Dry, Snapple, and 7-Up were the top leading brands under Keurig Dr Pepper to capture a major market presence in the US’s soft drinks market.
Poland Spring and Deer Park were the major brands of Nestle accounting for a major share in the US’s soft drinks market.
Market Fragmentation: Top two players accounted for more than two-fifth of the soft drinks market (by value) in the US in 2020
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