GITNUX MARKETDATA REPORT 2024

Us Beverage Industry Statistics

The US beverage industry is a major sector contributing significantly to the economy, with a wide variety of products and strong consumer demand driving steady growth and innovation.

In this post, we will explore key statistics and insights about the U.S. beverage industry, shedding light on its revenue, market trends, key players, and consumer preferences. From the staggering revenue figures to the evolving market landscape, these statistics paint a comprehensive picture of the beverage industry in the United States. So grab your favorite drink and let’s dive into the numbers that fuel this billion-dollar industry.

Statistic 1

"In 2019, the revenue of the U.S. beverage market was approximately 60.64 billion U.S. dollars."

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Statistic 2

"In 2020, the total volume of the beverage market in the U.S. was projected to be over 202 billion liters."

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Statistic 3

"In 2021, the U.S. bottled water market is worth estimated $18.5 billion."

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Statistic 4

"The revenue of the soft drink industry in the U.S. was $30.05 billion in 2021."

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Statistic 5

"As of 2021, Coca-Cola held a market share of 43.7% in the U.S. non-alcoholic beverage industry."

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Statistic 6

"In 2020, nearly 85% of all tea consumed in America was iced."

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Statistic 7

"The U.S. craft beer market was valued at $29.3 billion in 2020."

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Statistic 8

"The consumption of energy drinks in the U.S increased from 1.37 billion liters in 2016 to approximately 1.6 billion liters in 2022."

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Statistic 9

"The U.S. retail sales of juice and juice drinks amounted to approximately $18.84 billion in 2020."

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Statistic 10

"In 2019, per capita consumption of bottled water in the U.S was about 44 gallons."

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Statistic 11

"The U.S. market for non-alcoholic beverages is projected to reach $280.5 billion by 2023."

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Statistic 12

"In 2018, Americans consumed 3.9 billion gallons of wine."

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Statistic 13

"In 2018, per capita alcohol (spirits) consumption in the U.S. reached 1.37 gallons."

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Statistic 14

"In 2019, the U.S. had roughly 8,275 breweries in operation - a record number."

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Overall, the U.S. beverage industry is a multi-billion dollar market with various sectors experiencing significant growth and consumption trends. From the dominance of Coca-Cola in the non-alcoholic beverage industry to the surge in craft beer market value, it is evident that consumer preferences are continually evolving. With projections indicating further growth in the market in the coming years, it is clear that the beverage industry remains a critical sector of the U.S. economy, catering to a diverse array of preferences and consumption habits.

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