The beverage industry in the United States is massive, generating over $180 billion in annual revenue. Hundreds of beverage companies compete in producing and distributing alcoholic and non-alcoholic drinks that consumers across the country enjoy.
Although a few major players dominate the beverage market, thousands of smaller companies also play essential roles in this vibrant industry. From sodas and juices to beer, wine, and spirits, America has a diverse beverage culture with options to suit every taste.
Here is a look at the 10 largest beverage companies in the United States based on annual sales:
1. PepsiCo
Revenue: $79.5 billion
Key brands: Pepsi, Mountain Dew, Gatorade, Tropicana, Aquafina, Lipton
PepsiCo is the largest beverage company in the U.S. Its portfolio covers just about every beverage category, including carbonated soft drinks, juices, sports drinks, bottled water, ready-to-drink teas, and coffee. The company owns several billion-dollar brands, including Pepsi, Mountain Dew, Gatorade, and Tropicana.
2. The Coca-Cola Company
Revenue: $41.9 billion
Key brands: Coca-Cola, Diet Coke, Sprite, Fanta, Powerade, Minute Maid, Simply Orange
Coca-Cola is one of the most iconic brands in beverage history. The company focuses primarily on its major carbonated soft drink brands, which include Coca-Cola, Diet Coke, Sprite, and Fanta. Coca-Cola also owns or licenses other popular brands like Minute Maid juices, Powerade sports drinks, and Dasani water.
3. Keurig Dr Pepper
Revenue: $13.4 billion
Key brands: Dr. Pepper, Canada Dry, Snapple, 7UP, AW, CORE Hydration, Bai
Formed from the merger of Keurig Green Mountain and Dr Pepper Snapple Group, Keurig Dr Pepper manufactures and distributes dozens of major soft drink and non-carbonated beverage brands. This includes popular sodas like Dr Pepper, 7UP, Sunkist, AW, and Squirt, along with non-carbonated brands like Snapple, Hawaiian Punch, Mott’s, Bai, and CORE.
4. Molson Coors Beverage Company
Revenue: $11.1 billion
Key brands: Coors Light, Miller Lite, Blue Moon, Leinenkugel’s, Vizzy
Molson Coors produces some of America’s favorite beer brands, including Coors Light, Miller Lite, Blue Moon Belgian White, and Leinenkugel’s. The company has diversified into other alcoholic and non-alcoholic drinks. Its portfolio now includes hard seltzers (Vizzy), canned wines (Cape Line), ready-to-drink cocktails (MadVodka), and more.
5. Constellation Brands
Revenue: $9.5 billion
Key brands: Corona, Modelo, Pacifico, Kim Crawford, Meiomi, High West
Although beer drives much of its business, Constellation Brands distributes wines, spirits and specialty drinks. It represents premium imported beer brands like Corona, Modelo and Pacifico. Constellation’s wine and spirits portfolio includes Robert Mondavi, Kim Crawford, Meiomi and SVEDKA Vodka. The company recently acquired a stake in cannabis company Canopy Growth.
6. Heineken USA
Revenue: $2.6 billion
Key brands: Heineken, Dos Equis, Tecate, Amstel Light, Red Stripe, Strongbow
The U.S. division of Dutch brewer Heineken sells pale lagers Heineken and Amstel Light plus Mexican imports Dos Equis and Tecate. Other brands include Newcastle Brown Ale, Red Stripe, Strongbow cider, and several craft beers such as Lagunitas and Mort Subite. Heineken snapped up Lagunitas Brewing Company in a $1 billion deal in 2015.
7. Mike’s Hard Lemonade Co.
Revenue: $1 billion (estimate)
Key brands: Mike’s Hard Lemonade, Mike’s Harder Lemonade, White Claw
Mike’s Hard Lemonade pioneered the flavored malt beverage category with its original lemonade-flavored alcoholic drink in 1999. The company produces dozens of FMB varieties under Mike’s, Mike’s Harder and other brands. Mike’s also owns White Claw, America’s top-selling hard seltzer.
8. Monster Beverage Corporation
Revenue: $5.5 billion
Key brands: Monster Energy, Java Monster, Muscle Monster, Punch Monster
Monster Energy dominates the U.S. energy drink market with nearly 40% market share. The company’s core Monster brand comes in over 30 varieties, ranging from its original Monster Energy to espresso-infused Java Monster and tea juice Monster Rehab. Monster Beverage also produces natural sodas like Hansen’s.
9. Red Bull North America
Revenue: $1.2 billion (estimate)
Key brand: Red Bull
Founded in Austria in 1987, Red Bull hit the U.S. market in 1997 and has become one of the country’s top-selling energy drink brands. Though Red Bull has just a single product, the slim silver-and-blue cans are now ubiquitous in gas stations and convenience stores across America. The company sponsors extreme sports events to align with its high-energy branding.
10. VINUT
Although competition in the international market is not easy, Vinut has shown its audacity and determination through investment activities, the development of new products, and creative marketing strategies. They are working hard to make their goal of becoming one of the world’s leading soft drink companies by 2025 a reality.
Nam Viet Company has continued to expand its business operations, not only domestically but also globally. Vinut also continuously improves the quality of its products, from the source of raw materials to the manufacturing process, to ensure the best products for customers.
The goal of breaking into the TOP 10 soft drink companies in the world by 2025 is not merely a dream. It represents the guts, determination, and journey forward of Vinut. With the achievements they’ve made and their meticulous planning, we believe that Vinut will continue to grow and soon realize this goal.
Regarding production capacity, Nam Viet Company possesses a modern system of five soft drink manufacturing plants, which have obtained many certifications and international standards such as ISO 22000, HACCP, FDA, HALAL, and FSSC 22000. This clearly demonstrates a strong investment in technology and quality management processes, allowing Vinut to supply safe, high-quality products to the market.
With this superior production capacity, Vinut has succeeded in exporting its products to more than 200 countries and territories worldwide. This shows that Vinut is not only embraced and loved in the domestic market but also has confirmed its position in the international market.
Nam Viet Company has also constantly expanded and improved its production lines to enhance production capacity, meeting the increasingly high demand of the market. Vinut’s goal is not only to become one of the TOP 10 soft drink companies in the world but also to continually strive to provide consumers with quality and healthy products.