[Ranking] TOP 25 Non-Alcoholic Beverages / Food and Beverage Companies Q3/2023
Intro
The non-alcoholic beverages industry plays a vital role in the worldwide economy, providing a wide range of refreshing and hydrating options for consumers. From carbonated soft drinks to bottled water, this sub-industry within the larger food and beverage sector has a significant presence in the global market.
With its profound influence, the non-alcoholic beverages industry has ripple effects across diverse sectors. It not only caters to the thirst-quenching needs of consumers but also supports agriculture, packaging, transportation, and retail industries. The demand for these beverages drives innovation and job creation throughout the supply chain.
In terms of economic magnitude, the non-alcoholic beverages industry is experiencing an upward trajectory. The increasing health consciousness among consumers has led to a surge in demand for healthier and natural drink options. This has created opportunities for companies to develop and market innovative products that cater to this growing segment.
Recent trends such as the rise of functional beverages, plant-based drinks, and the use of sustainable packaging materials are shaping the industry. Companies are investing in research and development to create unique and healthier beverage offerings. However, obstacles like changing consumer preferences and regulatory challenges also impact the industry's growth.
The non-alcoholic beverages industry is a dynamic and ever-changing landscape. Consumer preferences, health trends, and technological advancements continually shape the market. Exploring the leading companies in this industry provides insights into the strategies they employ to stay ahead in this competitive space.
Ranking
#25 Primo Water Corporation
Employees: 1.5K
Revenue: 500M$
Website: https://primowater.com
Description: Primo Water Corporation, based in Winston-Salem, United States, is a leading player in the Non-Alcoholic Beverages industry. Founded in 2004, the company operates in the Food and Beverage sector, specializing in providing high-quality water and water-related products. With approximately 1.5 thousand employees, Primo Water Corporation has established itself as a key player in the market, offering innovative solutions to meet the hydration needs of consumers. The company's revenue stands at around 500 million US dollars, reflecting its strong presence and success in the industry. Primo Water Corporation's dedication to delivering safe and great-tasting water has made it a trusted choice for customers looking for a reliable source of hydration.
#24 Britvic Plc
Employees: 4K
Revenue: 1.5B$
Website: https://www.britvic.com
Description: Britvic Plc is a leading player in the Non-Alcoholic Beverages industry. Headquartered in Hemel Hempstead, United Kingdom, the company operates primarily in Europe. Founded in 1938, Britvic has grown to become a major player in the industry with a workforce of approximately 4,000 employees. The company generates an annual revenue of around 1.5 billion US dollars. Britvic is known for its wide range of non-alcoholic beverages, including soft drinks, juices, and mixers, which are sold under popular brands such as Pepsi, Robinsons, Tango, and Fruit Shoot. With a strong presence in the market, Britvic continues to innovate and expand its product portfolio to cater to evolving consumer preferences in the non-alcoholic beverages sector.
#23 National Beverage Corp.
Employees: 1.5K
Revenue: 2.3B$
Website: https://www.nationalbeverage.com
Description: National Beverage Corp. is a leading player in the Non-Alcoholic Beverages industry. Headquartered in Fort Lauderdale, United States, the company was founded in 1985. With approximately 1,500 employees, National Beverage Corp. operates a diverse portfolio of beverage brands and products in the global market. The company's revenue reached 2.3 billion U.S. dollars, solidifying its position as a major player in the industry. National Beverage Corp. is known for its innovative and refreshing beverages that cater to a wide range of consumer preferences. With a strong focus on quality and innovation, the company continues to be a key contributor to the growth and development of the Non-Alcoholic Beverages sector.
#22 Cott Corporation
Employees: 10K
Revenue: 2.5B$
Website: https://www.cott.com
Description: Cott Corporation is a leading player in the non-alcoholic beverages industry, specializing in the production and distribution of a wide range of beverages. Headquartered in Toronto, Canada, Cott Corporation has been in operation since 1955. With a workforce of approximately 10,000 employees, the company is committed to delivering high-quality and innovative beverage solutions to its customers. Cott Corporation generates significant revenue, with an estimated annual revenue of 2.5 billion dollars. The company's diverse portfolio includes carbonated soft drinks, juices, energy drinks, and ready-to-drink teas, catering to a global consumer base. With its strong presence in the market, Cott Corporation continues to be a key player in the non-alcoholic beverages industry.
#21 Refresco Group
Employees: 10K
Revenue: 2.5B$
Website: https://www.refresco.com
Description: Refresco Group is a leading company in the Non-Alcoholic Beverages industry. Headquartered in Rotterdam, Netherlands, the company was founded in 1999. With a workforce of approximately 10,000 employees, Refresco operates globally and has established itself as a major player in the industry. The company specializes in the production and bottling of non-alcoholic beverages, including juices, soft drinks, and energy drinks. Refresco prides itself on its commitment to quality and innovation, consistently meeting the demands of its diverse customer base. With an annual revenue of 2.5 billion dollars, Refresco continues to expand its market presence and drive the growth of the non-alcoholic beverages sector.
#20 Embotelladora Andina S.A.
Employees: 34K
Revenue: 3.7B$
Website: https://www.embotelladoraandina.com
Description: Embotelladora Andina S.A. is a leading company in the Non-Alcoholic Beverages industry. Headquartered in Santiago, Chile, the company has been operating since 1946. With a workforce of approximately 34,000 employees, Embotelladora Andina S.A. is committed to delivering high-quality beverages to consumers across South America. The company's revenue stands at an impressive 3.7 billion US dollars, making it a key player in the industry. Embotelladora Andina S.A. focuses on the production, distribution, and marketing of a wide range of non-alcoholic beverages, including carbonated soft drinks, bottled water, juices, and energy drinks. Through its strategic partnerships and strong market presence, the company continues to thrive in the competitive food and beverage sector.
#19 Monster Beverage Corporation
Employees: 3K
Revenue: 3.8B$
Website: https://www.monsterbevcorp.com
Description: Monster Beverage Corporation, headquartered in Corona, United States, is a leading player in the Non-Alcoholic Beverages industry. Founded in 1985, the company has grown to become a major player in the market. With around 3,000 employees, Monster Beverage Corporation generates an estimated revenue of 3.8 billion dollars. The company focuses on producing and distributing a wide range of non-alcoholic beverages, including energy drinks, fruit juices, and ready-to-drink teas. Monster Beverage Corporation has gained popularity for its flagship energy drink brands such as Monster Energy, NOS, and Full Throttle, which have a strong presence in the market. With its extensive product portfolio and global distribution network, the company continues to be a dominant force in the Non-Alcoholic Beverages industry.
#18 PepsiCo Beverages Canada
Employees: 2.5K
Revenue: 4.8B$
Website: https://www.pepsico.ca/
Description: PepsiCo Beverages Canada, headquartered in Mississauga, Canada, is a leading player in the non-alcoholic beverages industry. With a history dating back to 1965, the company has established itself as a key player in the Canadian market. PepsiCo Beverages Canada offers a wide range of popular beverages, including carbonated soft drinks, juices, ready-to-drink teas, and energy drinks. The company's commitment to innovation and consumer satisfaction has helped it maintain a strong presence in the industry. With a workforce of approximately 2,500 employees, PepsiCo Beverages Canada generates an impressive revenue of 4.8 billion US dollars annually.
#17 Dr Pepper Snapple Group, Inc.
Employees: 20K
Revenue: 6B$
Website: https://www.drpeppersnapplegroup.com
Description: Dr Pepper Snapple Group, Inc., headquartered in Plano, United States, is a leading player in the Non-Alcoholic Beverages industry. Founded in 2008, the company operates in the Food and Beverage sector. With approximately 20,000 employees, Dr Pepper Snapple Group generates an estimated annual revenue of 6 billion dollars. The company is known for its wide range of non-alcoholic beverages including Dr Pepper, Snapple, 7UP, A&W, and Canada Dry. Dr Pepper Snapple Group strives to provide refreshing and flavorful beverages to consumers worldwide.
#16 Coca-Cola HBC AG
Employees: 28K
Revenue: 7.2B$
Website: https://www.coca-colahellenic.com
Description: Coca-Cola HBC AG is a leading bottler of The Coca-Cola Company's products in the non-alcoholic beverages industry. Headquartered in Zug, Switzerland, Coca-Cola HBC operates in 28 countries across Europe, serving a population of over 600 million people. The company was founded in 1969 and has approximately 28,000 employees. With a revenue of 7.2 billion dollars, Coca-Cola HBC is focused on producing, distributing, and selling a wide range of ready-to-drink non-alcoholic beverages, including carbonated soft drinks, juices, water, energy drinks, and ready-to-drink teas and coffees. The company is committed to sustainable and responsible business practices, including minimizing its environmental impact, supporting local communities, and promoting diversity and inclusion.
#15 The Hershey Company
Employees: 16K
Revenue: 8.1B$
Website: https://www.thehersheycompany.com/
Description: The Hershey Company, headquartered in Hershey, Pennsylvania, is a leading player in the Non-Alcoholic Beverages industry. Founded in 1894, the company has a rich history in the food and beverage sector. With approximately 16,000 employees, Hershey is dedicated to the production and distribution of a wide range of non-alcoholic beverages, including popular brands such as Hershey's Chocolate Milk, Hershey's Ready-to-Drink Coffee, and Hershey's Fruit Juices. The company has achieved significant success in the market, generating an impressive annual revenue of 8.1 billion dollars. With its commitment to quality and innovation, The Hershey Company continues to be a prominent player in the Non-Alcoholic Beverages industry.
#14 Coca-Cola FEMSA, S.A.B. De C.V.
Employees: 80K
Revenue: 10B$
Website: https://www.coca-colafemsa.com
Description: Coca-Cola FEMSA, S.A.B. de C.V. is a leading player in the non-alcoholic beverages industry. Headquartered in Mexico City, Mexico, the company operates in the food and beverage sector, offering a wide range of non-alcoholic beverages to consumers around the world. With a workforce of approximately 80,000 employees, Coca-Cola FEMSA has established itself as a major player in the industry. Since its founding in 1979, the company has experienced significant growth and has become one of the largest Coca-Cola franchise bottlers globally. With a revenue of 10 billion dollars, Coca-Cola FEMSA continues to innovate and expand its product offerings, delivering refreshing beverages to millions of consumers.
#13 Keurig Dr Pepper Inc.
Employees: 25K
Revenue: 11B$
Website: https://www.keurigdrpepper.com/
Description: Keurig Dr Pepper Inc. is a leading non-alcoholic beverages company headquartered in Burlington, United States. The company was founded in 2018 and currently employs approximately 25,000 employees. Keurig Dr Pepper operates in the Non-Alcoholic Beverages industry, specifically focusing on the production and distribution of a wide range of beverages including soft drinks, juices, teas, coffees, and bottled water. The company's portfolio includes popular brands such as Dr Pepper, Snapple, Keurig, Green Mountain Coffee, and Canada Dry. With annual revenue of around 11 billion dollars, Keurig Dr Pepper has established itself as a major player in the food and beverage industry, providing consumers with refreshing and flavorful beverage options.
#12 Coca-Cola European Partners Plc
Employees: 23K
Revenue: 11.5B$
Website: https://www.ccep.com/
Description: Coca-Cola European Partners Plc is a leading company in the non-alcoholic beverages industry. Headquartered in Uxbridge, United Kingdom, the company operates in Europe. Since its establishment in 1986, Coca-Cola European Partners has been a key player in the food and beverage sector, focusing on the production, distribution, and marketing of a wide range of non-alcoholic beverages. With a workforce of approximately 23,000 employees, the company has established itself as a major employer in the industry. Coca-Cola European Partners generates impressive annual revenue, with its most recent reported figure reaching 11.5 billion dollars. Committed to delivering quality products and building strong partnerships, Coca-Cola European Partners continues to thrive in the competitive non-alcoholic beverages market.
#11 Ambev S.A.
Employees: 50K
Revenue: 15B$
Website: https://www.ambev.com.br
Description: Ambev S.A. is a leading company in the non-alcoholic beverages industry. Headquartered in São Paulo, Brazil, they have established themselves as a major player in South America. With a rich history dating back to 1999, Ambev has grown to become a key contributor to the food and beverage sector. The company employs an estimated 50,000 individuals, driving their success through a strong workforce. Ambev's revenue stands at an impressive 15 billion dollars, solidifying their position as a prominent player in the market.
#10 Kirin Holdings Company, Limited
Employees: 33K
Revenue: 17B$
Website: https://www.kirinholdings.com
Description: Kirin Holdings Company, Limited is a leading player in the Non-Alcoholic Beverages industry. Headquartered in Tokyo, Japan, Kirin Holdings has a rich history dating back to its founding in 1907. With a workforce of approximately 33,000 employees, the company operates in various segments of the food and beverage industry, including the production and distribution of non-alcoholic beverages. Kirin Holdings has achieved impressive annual revenue of around 17 billion dollars, solidifying its position as a major player in the market. Through its commitment to quality and innovation, Kirin Holdings continues to deliver a wide range of refreshing and high-quality non-alcoholic beverage products to consumers worldwide.
#9 Asahi Group Holdings, Ltd.
Employees: 31K
Revenue: 20B$
Website: https://www.asahigroup-holdings.com/en/
Description: Asahi Group Holdings, Ltd. is a Japanese company headquartered in Tokyo, Japan. Founded in 1889, the company operates in the Non-Alcoholic Beverages industry. With over 31,000 employees, Asahi Group Holdings is a major player in the industry. The company generates an estimated revenue of 20 billion USD. Asahi Group Holdings is known for its wide range of non-alcoholic beverage products, including soft drinks, tea, coffee, and bottled water. The company focuses on delivering high-quality beverages to satisfy consumer preferences and demands. With its strong presence and market share, Asahi Group Holdings continues to innovate and expand its product offerings in the non-alcoholic beverages sector.
#8 Suntory Holdings Limited
Employees: 40K
Revenue: 20B$
Website: https://www.suntory.com/
Description: Suntory Holdings Limited, headquartered in Tokyo, Japan, is a leading player in the Non-Alcoholic Beverages industry. The company was founded in 1899 and currently employs approximately 40,000 people. Suntory Holdings operates a diverse portfolio of non-alcoholic beverage brands, offering a wide range of products such as soft drinks, coffee, tea, and water. With a strong focus on innovation and quality, Suntory Holdings has established itself as a global leader in the industry. The company's revenue stands at around 20 billion USD, reflecting its significant presence and success in the non-alcoholic beverages market.
#7 The Kraft Heinz Company
Employees: 39K
Revenue: 25B$
Website: https://www.kraftheinzcompany.com/
Description: The Kraft Heinz Company, headquartered in Chicago, United States, is a major player in the Non-Alcoholic Beverages industry. With a history dating back to 1869, the company was formed through the merger of Kraft Foods Group and H.J. Heinz Company in 2015. The company employs approximately 39,000 people globally and generates annual revenue of around 25 billion USD. The Kraft Heinz Company offers a wide range of non-alcoholic beverage products, including juices, soft drinks, flavored water, and ready-to-drink coffee and tea. With its strong portfolio of iconic brands like Capri Sun, Kool-Aid, and Maxwell House, the company continues to innovate and provide quality beverages to consumers around the world.
#6 Fomento Económico Mexicano, S.A.B. De C.V. (FEMSA)
Employees: 290K
Revenue: 26.1B$
Website: https://www.femsa.com
Description: Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA) is a leading company in the non-alcoholic beverages industry based in Monterrey, Mexico. With a history dating back to 1890, FEMSA operates in various segments of the food and beverage industry, including the production, distribution, and marketing of non-alcoholic beverages. The company owns and operates OXXO, the largest convenience store chain in Mexico, which further strengthens its presence and distribution network. FEMSA's portfolio includes well-known brands such as Coca-Cola, Fanta, Sprite, and Del Valle, among others. With a workforce of approximately 290,000 employees, FEMSA generated a revenue of 26.1 billion US dollars in the latest fiscal year.
#5 Danone S.A.
Employees: 100K
Revenue: 30B$
Website: https://www.danone.com
Description: Danone S.A., headquartered in Paris, France, is a leading company in the Non-Alcoholic Beverages industry. With a history dating back to 1919, Danone has established itself as a key player in the global market. The company employs approximately 100,000 people worldwide, making it one of the largest employers in the industry. Danone generates an impressive annual revenue of 30 billion US dollars, indicating its strong market presence and financial success. Through its extensive product portfolio and commitment to innovation, Danone continues to provide consumers with a wide range of high-quality and nutritious non-alcoholic beverages.
#4 The Coca-Cola Company
Employees: 80K
Revenue: 37.3B$
Website: https://www.coca-colacompany.com/
Description: The Coca-Cola Company, headquartered in Atlanta, United States, is a leading player in the Non-Alcoholic Beverages industry. Since its founding in 1892, the company has grown to employ approximately 80,000 people worldwide. With a revenue of 37.3 billion dollars, Coca-Cola operates a diverse portfolio of beverage brands, including Coca-Cola, Diet Coke, Sprite, Fanta, and many others. The company's beverages are enjoyed by consumers across the globe, and its iconic Coca-Cola brand is recognized as one of the most valuable and widely known trademarks in the world. Coca-Cola continues to innovate and expand its product offerings to meet the changing preferences and demands of consumers in the competitive food and beverage market.
#3 Unilever
Employees: 155K
Revenue: 58.2B$
Website: https://www.unilever.com
Description: Unilever is a multinational company headquartered in Rotterdam, Netherlands. It operates in the Non-Alcoholic Beverages industry and was founded in 1929. With a workforce of 155,000 employees, Unilever generates an annual revenue of 58.2 billion US dollars. The company is known for its wide range of non-alcoholic beverages, including popular brands such as Lipton, T2, and Pure Leaf. Unilever is committed to sustainability and has implemented various initiatives to reduce its environmental impact, such as promoting responsible sourcing of ingredients and reducing plastic waste through innovative packaging solutions.
#2 PepsiCo, Inc.
Employees: 291K
Revenue: 70B$
Website: https://www.pepsico.com
Description: PepsiCo, Inc., headquartered in Purchase, United States, is a leading company in the Non-Alcoholic Beverages industry. Founded in 1965, the company has a workforce of approximately 291,000 employees. With a revenue of 70 billion dollars, PepsiCo operates globally and is known for its wide range of beverage brands, including Pepsi, Mountain Dew, Gatorade, and Tropicana. The company focuses on producing and distributing non-alcoholic beverages to consumers worldwide. PepsiCo's commitment to innovation and sustainability has made it a prominent player in the food and beverage industry.
#1 Nestlé S.A.
Employees: 291K
Revenue: 92.6B$
Website: https://www.nestle.com/
Description: Nestlé S.A. is a leading company in the Non-Alcoholic Beverages industry. Headquartered in Vevey, Switzerland, Nestlé has been in operation since 1866. With a workforce of approximately 291,000 employees, the company has established itself as a major player in the industry. Nestlé's revenue stands at an impressive 92.6 billion US dollars, reflecting its significant presence and success in the market. The company is known for its wide range of non-alcoholic beverage offerings, including popular brands such as Nescafé, Nesquik, and Nestea. Nestlé's commitment to innovation, quality, and sustainability has contributed to its strong position in the Food and Beverage industry.
Summary
The non-alcoholic beverages sub-industry within the food and beverage sector has seen significant growth in recent years, with several top companies emerging as industry leaders. These companies have achieved remarkable success and have made a substantial impact on the market.
One unexpected finding is the increasing demand for healthier and more natural beverage options. Consumers are becoming more conscious about their health and are seeking beverages that are low in sugar, free from artificial ingredients, and made with natural flavors and sweeteners.
Among the premier companies in the non-alcoholic beverages sub-industry are Coca-Cola, PepsiCo, and Nestlé. These companies have established themselves as household names and have a strong presence in both domestic and international markets.
One shared element that drives the prosperity of these leading firms is their extensive distribution networks. Coca-Cola, PepsiCo, and Nestlé have built robust supply chains, allowing them to reach a wide range of consumers across various channels, including retail, food service, and e-commerce.
What sets these eminent companies apart from their industry rivals is their ability to innovate and adapt to changing consumer preferences. They have successfully introduced new products, such as healthier alternatives, functional beverages, and premium offerings, to cater to evolving consumer demands.