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          1. Nonalcoholic Beverage Manufacturing Industry Profile

            Report Page Length: 10-12
            Last Quarterly Update: 8/24/2020
            SIC Codes: 2086, 2097
            NAICS Codes: 31211
            Chapters Include:
            Industry Overview Trends & Challenges Industry Forecast
            Quarterly Industry Update Call Prep Questions Website & Media Links
            Business Challenges Financial Information Glossary & Acronyms
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            Excerpt from Nonalcoholic Beverage Manufacturing Industry Profile

            Companies in this industry produce carbonated and noncarbonated soft drinks, bottled water, and ice. Major companies include Coca-Cola, Keurig Dr Pepper, and PepsiCo (all based in the US), along with Britvic (UK), Primo Water Corporation (Canada), Danone (France), Nestlé (Switzerland), Red Bull (Austria), and Suntory (Japan).

            The global nonalcoholic beverage market was valued at about $1.1 trillion in 2018, according to Grand View Research, and it continues growing despite weak sales of carbonated soft drinks. The leading regional markets for soft drinks are North America, Latin America, and Western Europe, per Euromonitor International.

            The US nonalcoholic beverage manufacturing industry includes about 1,200 establishments (single-location companies and branches of multi-location companies) with combined annual revenue of about $50 billion. The industry's products include juice drinks, but makers of fruit and vegetable juices are covered in the Fruit & Vegetable Processing industry profile.

            COMPETITIVE LANDSCAPE

            Demand for nonalcoholic beverages is driven by consumer tastes and demographics. The profitability of individual companies depends on effective marketing. Large companies have economies of scale in production and distribution. Small companies can compete by producing new products, catering to local tastes, or selling at lower prices. The US industry is highly concentrated: the top 50 companies account for more than 90% of revenue.

            Largely because of the high costs of shipping a heavy product, US imports and exports of soft drinks are relatively low. Imports of nonalcoholic beverages account ...

             
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