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20 Biggest Non-Alcoholic Beverage Companies in the U.S.

In This Article:

In this piece, we will take a look at the 20 biggest non-alcoholic beverage companies in the U.S. For more companies, head on over to 5 Biggest Non-Alcoholic Beverage Companies in the U.S.

The global non alcoholic beverages market is one of the largest in the world, as is clear by the large market capitalization of firms such as The Coca-Cola Company (NYSE:KO) and PepsiCo, Inc. (NASDAQ:PEP). In fact, you'd be surprised to learn that the market was worth more than a trillion dollars at the end of 2021. This valuation was during a time when global supply chains and consumption were disrupted by the coronavirus pandemic, which had led to lower foot traffic at stores and made it harder for companies to ship their products as well.

Getting into the specifics, a report from Grand View Research suggests that the industry was worth $833 billion last year and it will grow at a compounded annual growth rate (CAGR) of 5.6% between 2022 and 2030. As is the case with most industries out there, Asia Pacific is the strongest growing segment and the largest segment of the market as well due to a large population and rapidly rising incomes. On the other hand, North America, including the U.S., Mexico, and Canada is the second largest global market for non-alcoholic beverages, outpacing Europe. However, Grand View Research cautions that a growing trend towards healthy foods and an obesity problem in the region can hamper the market since most nonalcoholic beverages are sugary drinks.

Another key insight into the growing popularity of non-alcoholic beverages comes from the Bacardi Cocktail Trends Report which was released in December 2022. This report outlines that Bacardi's Global Brand Ambassador Survey 2022 shows that 49% of respondents surveyed were curious about nonalcoholic spirits as well - amidst a growing wave of popular sentiment that is steering towards alcohol free drinks.

20 Biggest Non-Alcoholic Beverage Companies in the U.S.
20 Biggest Non-Alcoholic Beverage Companies in the U.S.

Our Methodology

We took a broad look at the beverage industry to sift out those firms that do not sell alcoholic drinks and have a large presence in the U.S. The bulk of these companies are American, however, some notable names that are very popular in America have also been included. The firms are ranked according to their market capitalization, however, since some are private entities, their revenue has been stated instead. For a broader look at the food and beverages industry, be sure to check out Largest Food and Beverage Companies in the World.

20 Biggest Non-Alcoholic Beverage Companies in the U.S.

20. Rauch Fruchtsäfte GmbH & Co OG

Revenue in 2020: EUR2 billion

Rauch Fruchtsäfte GmbH & Co OG is an Austrian beverage firm that was set up in 1919 and is a privately held firm. The company has a global presence, and it operates in different countries through local subsidiaries. Rauch Fruchtsäfte GmbH & Co OG's U.S. subsidiary is Rauch NA. Rauch NA has a facility located in Glendale, Arizona, and not only does it manufacture Rauch's signature juices, but it also operates as a contract filling plant for other companies. Rauch Fruchtsäfte GmbH & Co OG's most famous product, which you're bound to have heard of, is the energy drink Red Bull.