[Ranking] TOP 25 Beverages / Consumer Goods Companies Q3/2023
Intro
The beverages industry is a critical component of the worldwide economy, providing consumers with a wide range of refreshing and thirst-quenching options. From carbonated soft drinks to fruit juices and energy drinks, the beverages industry caters to the diverse tastes and preferences of people around the globe.
With its profound influence, the beverages industry has ripple effects across various sectors. It fuels the revenue streams of retailers, distributors, and packaging companies, while also driving the growth of agriculture and food production. Additionally, it supports the hospitality and tourism industries by offering a wide assortment of beverages for hotels, restaurants, and cafes.
The economic magnitude of the beverages industry is nothing short of remarkable. In recent years, it has experienced an upward trajectory, with a steady increase in consumption and sales. The global market for beverages is projected to reach billions of dollars, driven by the growing demand for healthier and more innovative beverage options.
Recent trends in the beverages industry include the rise of functional and wellness beverages, as consumers prioritize health and well-being. Breakthroughs in technology have also contributed to the development of new and exciting beverage formulations. However, the industry faces obstacles such as changing consumer preferences and increasing regulations surrounding sugar content and sustainability.
The landscape of the beverages industry is constantly evolving, driven by changing consumer preferences, technological advancements, and market dynamics. This dynamic nature sets the context for the exploration of the top companies in the sub-industry of beverages, as they adapt and innovate to stay ahead in this competitive market.
Ranking
#25 Monster Beverage Corporation
Employees: 3K
Revenue: 3B$
Website: https://www.monsterbevcorp.com
Description: Monster Beverage Corporation, headquartered in Corona, United States, is a leading company in the Beverages industry. Founded in 2002, the company has grown to employ approximately 3,000 employees. With a revenue of 3 billion dollars, Monster Beverage Corporation is known for its wide range of energy drinks, including the popular Monster Energy line. The company operates in the consumer goods sector and focuses on producing and marketing beverages that cater to the needs and preferences of its customers. With its strong presence in the market, Monster Beverage Corporation continues to innovate and expand its product offerings to meet the evolving demands of consumers worldwide.
#24 Monster Beverage Corp
Employees: 3K
Revenue: 4.2B$
Website: https://www.monsterbevcorp.com
Description: Monster Beverage Corp, headquartered in Corona, United States, is a leading player in the Beverages industry. Founded in 2002, the company has grown to employ approximately 3,000 employees. With a revenue of 4.2 billion dollars, Monster Beverage Corp has established itself as a major contender in the market. The company specializes in the production and distribution of energy drinks, soft drinks, and other non-alcoholic beverages. Monster Beverage Corp's products are popular among consumers for their distinctive flavors and high caffeine content, making them a go-to choice for those seeking an energy boost. With a strong presence in the North American market, the company continues to expand its reach globally, catering to the growing demand for energy drinks and other refreshing beverages.
#23 Constellation Brands
Employees: 8.5K
Revenue: 8.3B$
Website: https://www.cbrands.com/
Description: Constellation Brands is a prominent player in the Beverages industry, with its headquarters located in Victor, New York, United States. Founded in 1945, the company has grown to become a leading producer and marketer of alcoholic beverages, including wine, beer, and spirits. With a workforce of approximately 8,500 employees, Constellation Brands operates globally and has a strong presence in North America, Europe, Asia, and Australia. The company generates substantial revenue, with an annual revenue of 8.3 billion US dollars. Constellation Brands is known for its diverse portfolio of popular brands, such as Corona, Modelo, Kim Crawford, and Robert Mondavi, catering to a wide range of consumer preferences and tastes.
#22 Constellation Brands Inc.
Employees: 9.5K
Revenue: 9.3B$
Website: https://www.cbrands.com
Description: Constellation Brands Inc. is a leading producer and marketer of alcoholic beverages, operating primarily in the Beverages industry. Headquartered in Victor, New York, United States, the company has a strong presence in North America. With a history dating back to 1945, Constellation Brands has grown to become one of the largest alcohol producers in the world. The company's portfolio includes iconic brands such as Corona, Modelo, Robert Mondavi, and Svedka. Constellation Brands employs approximately 9.5 thousand employees and generates annual revenue of around 9.3 billion dollars. With its strategic acquisitions and focus on innovation, Constellation Brands continues to expand its market share and maintain its position as a leader in the Beverages industry.
#21 Keurig Dr Pepper Inc.
Employees: 25K
Revenue: 11B$
Website: https://www.keurigdrpepper.com/
Description: Keurig Dr Pepper Inc. is a leading company in the Beverages industry. Headquartered in Burlington, United States, the company was founded in 2018. With a workforce of approximately 25,000 employees, Keurig Dr Pepper operates as a combined beverage company, offering a wide range of hot and cold beverages. The company's portfolio includes iconic brands such as Dr Pepper, Snapple, Keurig, Green Mountain Coffee, and many more. Keurig Dr Pepper has achieved significant success in the market, generating an annual revenue of approximately 11 billion dollars. With a strong presence in North America, Keurig Dr Pepper continues to innovate and offer high-quality beverages to consumers worldwide.
#20 Keurig Dr Pepper
Employees: 25K
Revenue: 11B$
Website: https://www.keurigdrpepper.com
Description: Keurig Dr Pepper is a leading company in the Beverages industry. Headquartered in Burlington, United States, the company operates in North America. Founded in 2018, Keurig Dr Pepper has quickly established itself as a major player in the industry. With approximately 25,000 employees, the company focuses on producing and distributing a wide range of beverages, including coffee, tea, soft drinks, and more. Keurig Dr Pepper's revenue stands at an impressive 11 billion dollars, showcasing its strong presence and success in the market. With its commitment to innovation and quality, Keurig Dr Pepper continues to be at the forefront of the Beverages industry, meeting the diverse preferences of consumers across North America.
#19 Diageo PLC
Employees: 28K
Revenue: 12.9B$
Website: https://www.diageo.com/
Description: Diageo PLC, headquartered in London, United Kingdom, is a leading player in the Beverages industry. Founded in 1997, the company operates globally and is known for its wide range of alcoholic beverages including spirits, beer, and wine. With approximately 28,000 employees, Diageo has established itself as a major player in the market, offering popular brands such as Johnnie Walker, Smirnoff, Guinness, and Baileys. The company has consistently generated significant revenue, with annual revenues reaching 12.9 billion dollars. Diageo continues to expand its product portfolio and strengthen its presence in the competitive beverages market, catering to diverse consumer preferences and maintaining a strong market position.
#18 Diageo
Employees: 35K
Revenue: 12.9B$
Website: https://www.diageo.com/
Description: Diageo, headquartered in London, United Kingdom, is a leading company in the Beverages industry. Founded in 1997, the company has grown to employ approximately 35,000 people worldwide. With a revenue of 12.9 billion US dollars, Diageo has established itself as a major player in the industry. The company operates globally and is known for its wide range of alcoholic and non-alcoholic beverages, including popular brands like Johnnie Walker, Smirnoff, Guinness, and Captain Morgan. Diageo is committed to responsible drinking and has implemented various initiatives to promote alcohol education and reduce harmful drinking. With a strong portfolio of iconic brands, Diageo continues to shape the Beverages industry through innovation, quality, and sustainability.
#17 Ambev
Employees: 47K
Revenue: 14.3B$
Website: https://www.ambev.com.br/
Description: Ambev is a leading player in the Beverages industry, headquartered in São Paulo, Brazil. Established in 1999, the company has grown to become one of the largest beverage producers in South America. With a workforce of approximately 47,000 employees, Ambev operates across the region, offering a wide range of beverages including beers, soft drinks, juices, and more. The company has a strong presence in the Brazilian market and is known for its iconic brands such as Brahma, Skol, Antarctica, and Guaraná Antarctica. Ambev's commitment to innovation and sustainability has contributed to its success, and it continues to invest in research and development to meet evolving consumer preferences. With an annual revenue of 14.3 billion dollars, Ambev remains a key player in the consumer goods industry.
#16 Ambev SA
Employees: 30K
Revenue: 14.5B$
Website: https://www.ambev.com.br/
Description: Ambev SA is a leading beverage company headquartered in São Paulo, Brazil. Founded in 1999, the company operates in the Consumer Goods industry, specifically focusing on the production and distribution of beverages. With approximately 30,000 employees, Ambev SA has established itself as a major player in the market. The company generates substantial revenue, amounting to 14.5 billion US dollars. Ambev SA is known for its diverse portfolio of well-known brands, including popular beers, soft drinks, and non-alcoholic beverages. Through its strategic operations and strong market presence, Ambev SA continues to drive innovation and deliver high-quality products to consumers across South America and beyond.
#15 Asahi Group Holdings Ltd.
Employees: 30K
Revenue: 15B$
Website: https://www.asahigroup-holdings.com/
Description: Asahi Group Holdings Ltd. is a leading company in the Beverages industry, operating in Japan. With its headquarters in Tokyo, Asahi Group Holdings has a rich history dating back to its founding in 1889. The company employs approximately 30,000 people and generates an annual revenue of 15 billion US dollars. Asahi Group Holdings is known for its diverse range of beverages, including beer, whiskey, sake, and soft drinks. The company has established a strong presence both domestically and internationally, with a focus on delivering high-quality and innovative products to meet consumer demands. As a key player in the Consumer Goods sector, Asahi Group Holdings continues to drive growth and maintain its position as a leading beverage company in Japan and beyond.
#14 Kirin Holdings
Employees: 30K
Revenue: 16B$
Website: https://www.kirinholdings.co.jp/english/
Description: Kirin Holdings is a leading company in the Beverages industry, headquartered in Tokyo, Japan. With a rich history dating back to 1885, Kirin Holdings has established itself as a prominent player in the market. The company operates in various segments of the beverage industry, including alcoholic beverages, non-alcoholic beverages, and pharmaceuticals. Kirin Holdings employs approximately 30,000 people and generates an impressive revenue of 16 billion dollars. With a strong focus on innovation and quality, Kirin Holdings continues to expand its presence in the global market, offering a wide range of popular and trusted beverage brands to consumers worldwide.
#13 Asahi Group Holdings
Employees: 35K
Revenue: 18B$
Website: https://www.asahigroup-holdings.com/en/
Description: Asahi Group Holdings is a leading company in the Beverages industry, operating primarily in Japan. With its headquarters in Tokyo, Japan, the company was founded in 1889. Asahi Group Holdings has a workforce of approximately 35,000 employees. The company generates an impressive revenue of 18 billion dollars annually. As a major player in the Consumer Goods sector, Asahi Group Holdings strives to provide high-quality beverages to consumers. With a wide range of products including beer, whiskey, soft drinks, and mineral water, the company has established itself as a trusted brand in the market. Through continuous innovation and strategic partnerships, Asahi Group Holdings aims to expand its presence both domestically and internationally in the Beverages industry.
#12 Kirin Holdings Co Ltd.
Employees: 33K
Revenue: 19B$
Website: https://www.kirinholdings.co.jp/english/
Description: Kirin Holdings Co Ltd. is a leading company in the Beverages industry, with its headquarters located in Tokyo, Japan. Founded in 1885, Kirin Holdings has established itself as a prominent player in the market. With a workforce of approximately 33,000 employees, the company operates in various segments of the beverage industry, including alcoholic and non-alcoholic drinks. Kirin Holdings has achieved significant revenue growth, with annual revenue reaching an impressive 19 billion dollars. The company's commitment to innovation and quality has propelled its success in the highly competitive consumer goods industry, making it a key player in the global beverage market.
#11 Suntory Holdings Ltd.
Employees: 40K
Revenue: 20B$
Website: https://www.suntory.com/
Description: Suntory Holdings Ltd. is a leading player in the Beverages industry, operating primarily in Japan. With its headquarters in Tokyo, the company has a rich history, having been founded in 1899. Suntory Holdings boasts a workforce of approximately 40,000 employees who contribute to its success and growth. The company has achieved significant revenue, with an estimated annual revenue of 20 billion dollars. Suntory Holdings is engaged in the production and distribution of a wide range of beverages, including alcoholic and non-alcoholic drinks. Their diverse portfolio includes popular brands such as Suntory Whisky, Yamazaki, Hibiki, and Orangina. With its strong presence in the Japanese market, Suntory Holdings continues to innovate and provide high-quality beverages to consumers worldwide.
#10 Suntory Holdings
Employees: 40K
Revenue: 20B$
Website: https://www.suntory.com/
Description: Suntory Holdings is a leading beverage company headquartered in Tokyo, Japan. With a rich history dating back to 1899, Suntory Holdings has established itself as a major player in the global beverages industry. The company operates in various segments of the consumer goods industry, with a particular focus on beverages. Suntory Holdings offers a diverse range of products, including alcoholic beverages, soft drinks, and health drinks. With a workforce of approximately 40,000 employees, the company continues to innovate and deliver high-quality beverages to consumers worldwide. In 2020, Suntory Holdings reported a revenue of 20 billion dollars, solidifying its position as a key player in the industry.
#9 Fomento Economico Mexicano SAB De CV
Employees: 280K
Revenue: 26.1B$
Website: https://www.femsa.com/
Description: Fomento Economico Mexicano SAB De CV (FEMSA) is a leading player in the Beverages industry. Based in Monterrey, Mexico, FEMSA operates a diverse portfolio of businesses primarily focused on the production, distribution, and marketing of beverages. With a rich history dating back to 1890, FEMSA has established itself as a key player in the consumer goods sector. The company's extensive employee base of 280,000 individuals contributes to its strong presence in the market. FEMSA generates significant revenue, with an impressive annual revenue of 26.1 billion dollars. FEMSA's commitment to innovation and quality has allowed it to maintain its position as a prominent player in the global beverage industry.
#8 Heineken NV
Employees: 85K
Revenue: 26.8B$
Website: https://www.heineken.com/
Description: Heineken NV, headquartered in Amsterdam, Netherlands, is a leading player in the Beverages industry. Founded in 1864, the company has a rich history of brewing and distributing high-quality beers worldwide. With approximately 85,000 employees, Heineken operates a vast global network of breweries, production facilities, and sales offices. The company's portfolio includes a wide range of well-known brands, such as Heineken, Amstel, Desperados, and Strongbow. Heineken generates substantial revenue, with a reported annual revenue of 26.8 billion USD. As a key player in the consumer goods sector, Heineken continues to innovate and expand its presence in the global beverages market.
#7 Heineken
Employees: 85K
Revenue: 26.8B$
Website: https://www.heineken.com/
Description: Heineken is a leading global brewer headquartered in Amsterdam, Netherlands. Founded in 1864, the company has established itself as one of the oldest and most well-known beer brands in the world. With over 85,000 employees, Heineken operates in the Beverages industry, specifically focusing on brewing and selling a wide range of beers and ciders. The company's portfolio includes popular brands like Heineken, Amstel, Desperados, and Strongbow. Heineken's commitment to quality and innovation has allowed it to expand its market presence across continents. With an annual revenue of approximately 26.8 billion dollars, Heineken continues to be a major player in the global consumer goods industry, delighting beer enthusiasts with its exceptional brews.
#6 Coca-Cola
Employees: 86K
Revenue: 32.8B$
Website: https://www.coca-colacompany.com/
Description: The Coca-Cola Company, headquartered in Atlanta, Georgia, is a leading player in the Beverages industry. With a rich history dating back to 1892, the company has established itself as a global brand that offers a wide range of refreshing beverages to consumers worldwide. The company operates in the consumer goods sector, focusing on the production, marketing, and distribution of non-alcoholic beverages. With approximately 86,000 employees, Coca-Cola has a vast workforce that contributes to its success. The company's revenue stands at an impressive 32.8 billion dollars, making it a major player in the industry. Through its iconic Coca-Cola brand and a diverse portfolio of other popular beverages, Coca-Cola continues to dominate the market and satisfy the thirst of consumers around the globe.
#5 The Coca-Cola Company
Employees: 80K
Revenue: 37B$
Website: https://www.coca-colacompany.com/
Description: The Coca-Cola Company, headquartered in Atlanta, United States, is a global leader in the Beverages industry. Founded in 1892, the company has a rich history of producing and distributing a wide range of non-alcoholic beverages. With approximately 80,000 employees worldwide, Coca-Cola operates in over 200 countries, serving millions of customers each day. The company's portfolio includes well-known brands such as Coca-Cola, Diet Coke, Sprite, Fanta, and Minute Maid. Coca-Cola generates an annual revenue of 37 billion dollars, making it one of the largest and most successful companies in the beverage industry. With its strong global presence, extensive distribution network, and commitment to innovation, Coca-Cola continues to shape the future of the consumer goods industry.
#4 Anheuser Busch InBev NV
Employees: 170K
Revenue: 52B$
Website: https://www.ab-inbev.com/
Description: Anheuser-Busch InBev is a multinational beverage company headquartered in St. Louis, United States. Founded in 2008, the company operates in the beverages industry and is one of the largest players in the global beer market. With a workforce of approximately 170,000 employees, AB InBev has a strong presence in North America and operates breweries, distribution centers, and sales offices across the continent. The company's portfolio includes renowned beer brands such as Budweiser, Stella Artois, Corona, and Beck's, among many others. AB InBev generates significant revenue, with an annual revenue of 52 billion dollars, making it one of the top players in the consumer goods industry.
#3 Anheuser-Busch InBev
Employees: 170K
Revenue: 54B$
Website: https://www.anheuser-busch.com
Description: Anheuser-Busch InBev is a leading global beverage company headquartered in St. Louis, United States. With a history dating back to 1852, the company is known for its iconic beer brands such as Budweiser, Stella Artois, and Corona. Anheuser-Busch InBev operates in the Beverages industry and has a strong presence in North America. With approximately 170,000 employees worldwide, the company generates a revenue of 54 billion dollars annually. Anheuser-Busch InBev continues to innovate and expand its portfolio to meet the changing consumer preferences in the highly competitive beverage market.
#2 PepsiCo
Employees: 267K
Revenue: 70B$
Website: https://www.pepsico.com/
Description: PepsiCo, headquartered in Purchase, United States, is a leading beverage company operating in the Consumer Goods industry. Founded in 1965, the company has a workforce of approximately 267,000 employees. With an annual revenue of 70 billion dollars, PepsiCo is a major player in the beverages market. The company's portfolio includes a wide range of popular and iconic beverage brands, such as Pepsi, Mountain Dew, Gatorade, and Tropicana. PepsiCo's beverages division focuses on producing, marketing, and distributing a variety of refreshing and innovative drinks to meet the evolving consumer preferences. Through continuous innovation and strategic partnerships, PepsiCo aims to maintain its position as a leader in the beverages industry.
#1 PepsiCo Inc.
Employees: 267K
Revenue: 74.7B$
Website: https://www.pepsico.com/
Description: PepsiCo Inc. is a leading company in the Beverages industry. With its headquarters in Purchase, United States, PepsiCo operates in North America. Founded in 1965, the company has a workforce of approximately 267,000 employees. PepsiCo generates a substantial revenue of 74.7 billion US dollars. The company is known for its wide range of beverage products, including popular brands like Pepsi, Mountain Dew, Gatorade, and Tropicana. As a major player in the Consumer Goods industry, PepsiCo continues to innovate and expand its portfolio to meet the evolving needs and preferences of consumers worldwide.
Summary
The analysis of the top companies in the Beverages sub-industry has revealed some interesting findings. These companies have achieved remarkable success and have been ranked based on their accomplishments and market presence.
One unexpected finding is the dominance of multinational corporations in this sub-industry. These companies have managed to establish a strong global presence and have become leaders in the market.
Among the premier companies in the Beverages sub-industry are Coca-Cola, PepsiCo, and Anheuser-Busch InBev. These companies have a long history in the industry and have been at the forefront of innovation and market expansion.
One key element that drives the prosperity of these leading firms is their ability to adapt to changing consumer preferences. These companies have continuously introduced new products and flavors to cater to evolving tastes.
What sets these eminent companies apart from their industry rivals is their extensive distribution networks. They have managed to reach every corner of the globe, ensuring that their products are readily available to consumers worldwide.