Today: February 7, 2016, 6:34 pm

United States soda production market: $16.7 billion industry by 2018
Soda Production in the US - Industry Market Research Report - a new market research report on 2014-04-15 21:11:01
Falling per capita carbonated soft drink (CSD) consumption and increasing health awareness are pushing down revenue in the United States Soda Production market. Revenue slumped 8.8% in 2009 when Americans reduced regular spending on discretionary items like soft drinks and instead bought more items in bulk as a result of low disposable income due to high unemployment. In 2013, CSD consumption in the United States is estimated to be 38.6 gallons per person compared with 42.1 in 2008, representing a 3.5-gallon per capita decrease. Consequently, revenue is estimated to decline at an annualized rate of 2.9% during the five years to 2013, including a 3.6% decline in 2013 to $17.6 billion.

To mitigate losses from such a drop in consumption, the industry has consolidated operations. This has included reducing workers at an annualized 9.1% rate during the past five years to total 19,049 people in 2013. It also spurred a 6.2% revenue increase in 2010 as The Coca-Cola Company and PepsiCo capitalized on bringing their bottlers in-house and raised product prices.

The steady decline in the per capita consumption of CSDs has also led the industry to innovate and create market alternatives to attract increasingly healthconscious consumers. Major players responded to near-saturation in the CSD market by enlarging their product ranges and expanding into sports and energy drinks, ready-to-drink tea and coffee, bottled water and newer beverage categories. These segments are growing at a faster rate than the CSD segment and are taking some sales away from CSDs.

Such products are targeted at market niches and attract a larger premium than CSDs. As a result, the Juice Production industry (IBISWorld industry report 31211c), which includes such alternative beverages, surpassed the Soda Production industry in size in 2008.

During the five years to 2018, the industry will face a difficult operating environment as publicity campaigns promoting healthier consumption offset rising consumer sentiment and discretionary spending. Competing manufacturers are anticipated to enter the beverage market by offering healthfocused drinks that will pique consumer interest. As a result, IBISWorld expects that private-label CSD sales will grow, almost balancing out flat consumption.

From 2013, industry revenue is forecast to decrease at an average rate of 1.0% per year to $16.7 billion in 2018.

Click for report details: ..

Browse all Food and Drink Market Research Reports ..

Browse all Food and Drink Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 557 Words
Related Articles
More From Finance Announces New Trader Counsel Services
LONDON - Jan. 25, 2016 - British financial news source has announced that it will now be offering the [..] Offers Free Advice For Getting Completely [..]
Everyone has some degree of debt to deal with. Some folks have a lot of it, and they need to [..]
Offshore Processing slashes credit card processing costs [..]
High risk and high volume merchants engaged in unconventional trades, such as Adult Content, Adult Goods, Online Casinos, Online [..]
Real-Estate-Yogi Offers Free Advice to Returning Veterans [..]
Veterans of the United States are returning from active duty and need places to live. It is up to lenders [..]
The Experts at Explain How to [..]
Foreclosures have gone through a decrease over the past decade, but that doesn’t mean they don’t still happen. People who [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.