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As of 2019, Coca-Cola commanded 43.7% of the carbonated soft drink market while PepsiCo commanded 24.1%, according to Statista. ... which offers more diversity away from beverages,” the Investor ...
Together, the two companies own roughly 72.8% of the carbonated soft drink market in the U.S. — with Coca-Cola owning 46.3% ... Beverage industry representatives pushed back on that allegation ...
Keith Bell/Getty Images Carbonated beverages don't appear to be as popular as they used to be. Sales have been sluggish at Coca-Cola (KO) and PepsiCo (PEP), and even SodaStream (SODA) -- the one ...
A persistent problem in the soft drinks industry was the lack of an effective sealing of the bottles. Carbonated drink bottles are under great pressure from the gas, so inventors tried to find the best way to prevent the carbon dioxide or bubbles from escaping. The bottles could also explode if the pressure was too great.
Carbonated water is a key ingredient in soft drinks, beverages that typically consist of carbonated water, a sweetener, and a flavoring such as cola, ginger, or citrus. Plain carbonated water or sparkling mineral water is often consumed as an alternative to soft drinks.
Beverage Digest is a privately-owned subscription publication covering the global non-alcoholic beverage industry. The company was founded in 1982 by Jesse Meyers and sells premium market intelligence and data. Beverage Digest organizes conferences each year, where senior executives in the industry share their view on trends. [1]
The functional beverage industry is a sub-sector of the functional food and non-alcoholic beverage industry. It is the fastest-growing sector of the industry, partially due to the maturity of the carbonated soft drink sector and heavy investments by major food and beverage companies. [5]
Pepsi's biggest rival—and the carbonated soft drink industry's market leader—Coca-Cola, seems to have maneuvered itself out of such situations by establishing long-term goals and standing by them.