The Coca-Cola Company sold 31.4 billion unit cases globally last year. In the same period, nearly two-thirds of consumers sought low or no-sugar options.
Key Takeaways
- Coke holds 19.2% market share in U.S. carbonated soft drinks in 2023
- PepsiCo soft drinks revenue USD 23.7 billion in 2023
- Coca-Cola Company global volume 31.4 billion unit cases in 2023
- Per capita soft drink consumption in the U.S. was 44.9 gallons in 2022
- Americans consumed 12.4 billion gallons of carbonated soft drinks in 2022
- Global average soft drinks consumption 44 liters per capita in 2022
- 45% of U.S. adults concerned about sugar in soft drinks per 2023 survey
- 64% of consumers seeking low/no sugar soft drinks options in 2023
- U.S. soft drink sugar intake contributes 7% of daily calories for adults
- Global soft drinks market size reached USD 483.04 billion in 2023 and is expected to grow to USD 598.72 billion by 2030 at a CAGR of 3.1%
- U.S. soft drink sales volume was 12.6 billion cases in 2022
- Carbonated soft drinks accounted for 45% of the global soft drinks market revenue in 2023
- U.S. soft drink industry uses 55% recycled PET globally in 2023
- Coke aims for 50% recycled content in bottles by 2030
- PepsiCo water usage reduced 25% since 2015 per liter produced
In 2023, the U.S. soft drink market stayed dominated by Cola while growth moved toward low sugar, recycling, and energy drinks.
Related reading
01 · Category
Companies27 stats
01
Coke holds 19.2% market share in U.S. carbonated soft drinks in 2023
02
PepsiCo soft drinks revenue USD 23.7 billion in 2023
03
Coca-Cola Company global volume 31.4 billion unit cases in 2023
04
Dr Pepper Snapple (KDP) U.S. market share 25.6% in CSDs 2022
05
Monster Beverage energy drinks sales USD 7.1 billion in 2023
06
Red Bull global sales 12.1 billion cans in 2023
07
Nestle Waters North America revenue USD 5 billion from beverages
08
Keurig Dr Pepper sparkling revenue growth 7.4% in 2023
09
Coca-Cola India sales volume 1.5 billion cases in FY2023
10
PepsiCo India soft drinks market share 25% in 2023
11
Suntory PepsiCo Japan volume 1 billion cases annually
12
Coca-Cola FEMSA Latin America volume 4 billion unit cases 2023
13
Arca Continental Coke bottler revenue MXN 150 billion 2023
14
Swire Coca-Cola Pacific revenue HKD 30 billion 2023
15
Monster acquired by Coke for USD 27.5 billion equity value in 2018
16
Bang Energy sales peaked at USD 1 billion before bankruptcy 2023
17
Celsius energy drinks revenue USD 1.32 billion in 2023, growth 101%
18
Primo Water (now BlueTriton) revenue CAD 2.5 billion 2023
19
National Beverage (LaCroix) revenue USD 1.2 billion FY2023
20
Reed's Inc ginger beer revenue USD 50 million 2023
21
Jones Soda craft sales growth 15% in 2023
22
Bai Brands acquired by Dr Pepper for USD 1.7 billion in 2017
23
Vitaminwater Coke brand annual sales USD 700 million
24
Fanta global volume 2 billion cases yearly
25
Sprite U.S. sales 1.8 billion cases 2022
26
Gatorade PepsiCo sports drinks USD 7 billion revenue 2023
27
Powerade Coke sports USD 1.5 billion global 2023
Interpretation
Companies Interpretation
Despite Coke and Pepsi's global dominance, the market is frothing with fierce battles, from Dr Pepper's strong U.S. standing to energy drinks like Celsius exploding in growth, proving consumers crave both legacy fizz and new functional fervor.
02 · Category
Consumption30 stats
01
Per capita soft drink consumption in the U.S. was 44.9 gallons in 2022
02
Americans consumed 12.4 billion gallons of carbonated soft drinks in 2022
03
Global average soft drinks consumption 44 liters per capita in 2022
04
U.S. diet soft drinks consumption declined 1.5% in 2022 to 3.2 billion cases
05
Regular carbonated soft drinks in U.S. volume 8.9 billion cases in 2022
06
Bottled water consumption in U.S. surpassed soft drinks at 44.4 gallons per capita in 2022
07
Energy drinks consumption in U.S. grew to 3.5 billion cans in 2023
08
Sports drinks U.S. volume 1.8 billion gallons in 2022
09
Cola category represents 40% of global soft drinks volume
10
Orange soft drinks global volume 15 billion liters in 2022
11
Lemon-lime soft drinks U.S. consumption 1.2 billion cases in 2022
12
Global RTD tea consumption 50 billion liters in 2023
13
U.S. consumers drink soft drinks 1.7 times per day on average
14
Youth (18-24) soft drink consumption frequency 2.3 times daily in Europe
15
India per capita soft drink consumption 10 liters annually in 2023
16
China urban households soft drinks spend increased 8% in 2022
17
Brazil sugary soft drinks consumption 80 liters per capita
18
UK at-home soft drinks volume up 3% to 5.2 billion liters in 2023
19
Australia sugar-sweetened soft drinks intake 24 liters per person yearly
20
Mexico leads world with 163 liters per capita soft drinks consumption in 2022
21
France soft drinks per capita 85 liters in 2022
22
Canada average household soft drinks purchase 50 liters monthly
23
Germany soft drinks sales volume 20 billion liters in 2022
24
Japan vending machines dispense 2.6 million soft drinks per minute
25
South Korea soft drinks per capita 70 liters in 2023
26
Nigeria soft drinks market volume 5 billion liters in 2022
27
Philippines carbonated drinks consumption grew 4% in 2023
28
U.S. Hispanic consumers soft drink preference 55% cola
29
Global women soft drinks consumption 38 liters per capita vs 50 for men
30
U.S. summer soft drinks sales spike 15% June-August
Interpretation
Consumption Interpretation
America is a nation of dedicated soda sippers, but our collective thirst is a fickle and global affair, with Mexico leading a sugary charge while we increasingly reach for water, proving that even our vices are subject to both health trends and the undeniable call of a summer cola.
03 · Category
Health Trends25 stats
01
45% of U.S. adults concerned about sugar in soft drinks per 2023 survey
02
64% of consumers seeking low/no sugar soft drinks options in 2023
03
U.S. soft drink sugar intake contributes 7% of daily calories for adults
04
Obesity rates linked to soft drinks; 20% higher risk per daily serving
05
Type 2 diabetes risk increases 26% with one daily soft drink
06
UK sugar tax reduced soft drinks sugar content by 29% post-2018
07
39 U.S. states have soda taxes as of 2023
08
Philly soda tax led to 38% drop in sugary drink sales 2017
09
Mexico soda tax 10% reduced purchases 10% in first year
10
Berkeley CA soda tax cut consumption 52% among low-income
11
72% of parents limit kids soft drink intake due to health, 2023 poll
12
Artificial sweeteners in diet sodas linked to gut microbiome changes
13
Caffeine in energy drinks averages 160mg per 16oz, exceeding coffee
14
25% rise in U.S. children obesity tied to SSBs 1988-2010
15
Functional soft drinks with probiotics grew 12% in sales 2023
16
Zero-sugar colas now 30% of U.S. CSD market up from 20% in 2018
17
Plant-based soft drinks appeal rises with 40% vegan consumer interest
18
HFCS in soft drinks phased out by Coke/Pepsi in some markets
19
Dental erosion from soft drinks affects 30% of adolescents
20
Natural flavors demand up 15% in health-conscious soft drinks
21
U.S. organic soft drinks market grew 8% to USD 2 billion 2023
22
Keto-friendly soft drinks sales surged 200% since 2020
23
55% consumers read labels for sugar content before buying
24
Global low-calorie soft drinks volume 25% of total in 2023
25
Energy drinks health warnings on 80% of labels post-regulations
Interpretation
Health Trends Interpretation
The data paints a starkly ironic portrait: we are a nation increasingly terrified of the sugary, caffeinated, and artificially sweetened elixirs we still can't seem to quit, prompting a desperate and booming market for beverages that promise health from a bottle while taxes quietly try to save us from ourselves.
More related reading
04 · Category
Market Size30 stats
01
Global soft drinks market size reached USD 483.04 billion in 2023 and is expected to grow to USD 598.72 billion by 2030 at a CAGR of 3.1%
02
U.S. soft drink sales volume was 12.6 billion cases in 2022
03
Carbonated soft drinks accounted for 45% of the global soft drinks market revenue in 2023
04
Asia-Pacific soft drinks market is projected to grow at the highest CAGR of 5.2% from 2024 to 2030
05
Bottled water overtook soft drinks as the largest segment in the U.S. beverage market in 2016 with 13.6 billion gallons consumed
06
Global energy drinks market, a subset of soft drinks, valued at USD 59.24 billion in 2023
07
U.S. soft drink industry revenue was approximately USD 377 billion in 2023
08
Non-carbonated soft drinks segment grew by 4.5% in 2022 globally
09
Indian soft drinks market size was INR 1,05,000 crore in 2023
10
European soft drinks market volume reached 142 billion liters in 2022
11
Latin America soft drinks market expected to reach USD 150 billion by 2028
12
Middle East & Africa soft drinks market CAGR of 6.1% projected till 2030
13
U.S. carbonated soft drinks market share was 31.4% of total beverages in 2022
14
Global sports drinks market size USD 25.89 billion in 2023
15
China soft drinks market revenue USD 120 billion in 2023
16
Brazil soft drinks consumption per capita 102 liters in 2022
17
Australian soft drinks market valued at AUD 7.5 billion in 2023
18
UK soft drinks market volume 14.5 billion liters in 2022
19
Mexico soft drinks market leader with per capita consumption of 163 liters annually
20
Global RTD tea and coffee market, soft drink adjacent, USD 48 billion in 2023
21
France soft drinks sales grew 2.1% in value in 2023
22
Canada soft drinks market USD 15 billion in 2023
23
Germany non-alcoholic beverages market, including soft drinks, EUR 25 billion
24
Japan soft drinks market volume 40 billion liters in 2022
25
South Africa soft drinks market CAGR 4.8% to 2028
26
Turkey soft drinks consumption 50 liters per capita in 2022
27
Argentina soft drinks market USD 8 billion in 2023
28
Global fruit juice market USD 65 billion in 2023 as part of soft drinks
29
Indonesia soft drinks market growth 5.5% CAGR to 2030
30
U.S. functional beverages market USD 45 billion in 2023
Interpretation
Market Size Interpretation
Despite the soda-pop fizz settling slightly, the global thirst for liquid sugar and caffeine is a half-trillion-dollar tidal wave, now cleverly masquerading as water and energy in a bottle.
05 · Category
Sustainability29 stats
01
U.S. soft drink industry uses 55% recycled PET globally in 2023
02
Coke aims for 50% recycled content in bottles by 2030
03
PepsiCo water usage reduced 25% since 2015 per liter produced
04
Global soft drinks plastic packaging 200 billion bottles annually
05
Aluminum cans recycling rate 52% in U.S. for soft drinks 2022
06
EU single-use plastic directive bans certain soft drink straws 2021
07
Coca-Cola collected 13.5% more bottles/cans than sold in 2023
08
PepsiCo regenerative agriculture on 7 million acres by 2026 goal
09
Sugar cane sourcing 100% sustainably for Coke Brazil
10
Water replenishment: Coke returned 100%+ of water used in 2023
11
Keurig Dr Pepper 25% renewable energy in operations 2023
12
Monster Beverage carbon footprint reduction 10% YoY 2023
13
Global soft drinks GHG emissions 150 million tons CO2e annually
14
Returnable glass bottles 15% of soft drinks packaging in India
15
U.S. PET bottle recycling rate 29% in 2022 for beverages
16
PepsiCo eliminated 13,000 tons plastic via lighter bottles 2023
17
Bio-based PET used in 20% of Coke PlantBottle production
18
Energy drinks aluminum 75% recycled content average
19
EU soft drinks producers 90% committed to circular economy
20
Australia deposit return scheme boosts soft drink recycling to 78%
21
China soft drinks firms pledged zero plastic waste by 2030
22
Nestle reduced virgin plastic by 17% in beverages 2018-2023
23
Global water risk in soft drinks supply chain affects 40% facilities
24
Sustainable palm oil certification for 100% soft drink flavors Coke
25
Carbon neutral soft drinks launched by 15 brands in 2023
26
U.S. soft drink trucking emissions 20% of industry footprint
27
India soft drinks rainwater harvesting in 50% factories
28
Brazil sugarcane ethanol for PET production 30% share
29
UK soft drinks levy funds GBP 400 million for sports facilities
Interpretation
Sustainability Interpretation
Amidst a sea of 200 billion plastic bottles, the soft drink industry is paddling hard toward sustainability, with recycled materials and water conservation making genuine waves, yet the journey remains far from finished.
Reference
Cite This Report
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APA
Karl Becker. (2026, February 13). Soft Drink Industry Statistics. Gitnux. https://gitnux.org/soft-drink-industry-statistics
MLA
Karl Becker. "Soft Drink Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/soft-drink-industry-statistics.
Chicago
Karl Becker. 2026. "Soft Drink Industry Statistics." Gitnux. https://gitnux.org/soft-drink-industry-statistics.
Sources & references
86 datasets cited across this report · attribution is report-level