Beverages Industry Size, Share, Growth Analysis, By Type(Alcoholic Beverages, Non-Alcoholic Beverages), By Distribution Channel(Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels), By Nature(Organic, Conventional), By Region - Industry Forecast 2024-2031

The Coca-Cola Company, the largest beverage company in the world, places a strong emphasis on keeping up with current trends by introducing new flavors of VitaminWater, fermented drinks, probiotic drinks, RTD beverages, and others. For instance, to meet the demand for energy drinks in India, the company launched an ethnic energy drink, a carbonated beverage named Jaljeera drink, in March 2021. The market's reinforced production and distribution capacities as well as the key players' strong domination are contributing aspects to this company's rise to supremacy. Due to a few corporations holding commanding positions, the market for non-alcoholic beverages is highly concentrated. The businesses are continually concentrating to suit the changing consumer tastes and ongoing market developments.

Beverages Industry Top Players’ Company Profiles

• Coca-Cola
• PepsiCo
• Nestle
• Anheuser-Busch InBev
• Heineken
• Diageo
• Dr Pepper Snapple Group
• Keurig Dr Pepper
• Monster Beverage Corporation
• Red Bull GmbH
• Suntory Beverage & Food Ltd.
• Unilever PLC
• Danone S.A.
• The Kraft Heinz Company
• Fomento Economico Mexicano S.A.B. de C.V. (FEMSA)
• Carlsberg A/S
• Molson Coors Brewing Company
• The Hershey Company (owns the 7UP brand)

Beverages Industry Recent Development

• In December 20221, For start-ups on the cutting edge of revolutionary trends, PepsiCo, Inc. has introduced the greenhouse accelerator program in North America.
• In February 2021, To broaden its selection of fruit-based beverages in India, The Coca-Cola Company introduced the effervescent drink "Colour" made with grape juice.