Title →

Top 10 Soft Drink Companies in 2025: Who Rules the Fizzy Beverage World?

Share On →

In 2025, the landscape of soft drink companies is more vibrant than ever. As we sip our way through the year, it’s clear that these beverage titans are not just surviving; they’re thriving. The Coca-Cola Company leads the charge, with a projected 6% to 7% sales growth. Not far behind, PepsiCo holds a significant market slice. Together, they dominate the fizzy world of sodas.

Yet, the industry is bubbling with change. Consumers now favor balance, often choosing non-carbonated options. This shift has prompted soft drink companies to innovate. They’re introducing unique flavors that require less sweetening. It’s a refreshing turn, aligning with the health-conscious trends of our times. So, let’s dive into the effervescent world of the top 10 soft drink companies in 2025. We’ll explore how they’re adapting and what makes them the people’s choice. Join me on this fizzy journey, where each sip tells a story of innovation and resilience

As of last year, in 2023, the market size of the soft drink industry was $471.35 billion.
The international soft drink market is anticipated to increase with a CAGR of 5.23% up to 2030.

List of Top 10 Soft Drink Companies in 2025

Coca-Cola
PepsiCo
Unilever
Starbucks
Monster Energy Company
Keurig Dr Pepper Inc.
Danone
Nongfu Spring
Varun Beverages
Asahi Group Holdings

1. Coca-Cola

Origin Country: USA
Founding year: 1892
Net worth: $303.15 Billion
Website: www.coca-colacompany.com

Coca-Cola once again retained its position as one of the top soft drink companies in 2025. In the first quarter of 2024, Coca-Cola’s performance sparkled. In its second-quarter results for 2024, Coca-Cola showed a 2% growth in global unit case volume. Net revenues increased by 3%, while organic revenues (which exclude certain items) grew significantly by 15%. The company’s operating income rose by 10%, and its currency-neutral operating income increased by 18% when adjusted for currency fluctuations. Coca-Cola’s operating margin improved to 21.3%, up from 20.1% in the previous year, and the comparable operating margin was 32.8%, compared to 31.6% last year. However, earnings per share (EPS) fell by 5% to $0.56, but the comparable EPS (excluding certain items) increased by 7% to $0.84.

As for new products, Coca-Cola recently launched “Coca-Cola Happy Tears Zero Sugar,” exclusively available on social media in the United States and Great Britain. This innovative move taps into consumers’ increased engagement across various platforms. So, whether you’re sipping a classic Coke or exploring their latest offerings, Coca-Cola continues to dominate as one of the biggest soda brands!

Here are some of their most popular Coca-Cola soft drinks list:

Fanta
Sprite
Coke
Coca-Cola Classic

2. Pepsico

Origin Country: USA
Founding year: 1898
Net worth: $241.33 Billion
Website: www.pepsico.com

In the first quarter of 2024, PepsiCo, a leading company among the top 10 soft drink companies globally, delivered a refreshing performance. Their net revenue reached $18.2 billion, growing 2.3% year-over-year—a feat that exceeded expectations. Organic revenue growth stood at 2.7%, reflecting their agility and resilience in a dynamic market. Notably, GAAP net income increased by 6% to $2 billion, translating to $1.48 per share. Core EPS also saw robust growth, climbing 7% to $1.61, surpassing projections of $1.52.

The reported (GAAP) results for the second quarter and year-to-date in 2024 indicate a net revenue growth of 0.8% for the second quarter and 1.5% for the year-to-date period.

Despite challenges, PepsiCo’s international business performed well. Their focus on delivering great-tasting products resonated with consumers worldwide, distinguishing them among leading soft drink companies. Looking ahead, the company aims for at least 4% organic revenue growth and an impressive 8% core constant currency EPS growth in 2024. Additionally, PepsiCo’s commitment to shareholders remains steadfast—their 52nd consecutive annual dividend increase is on the horizon!

Pepsico’s famous brands are:

Gatorade
Tropicana
Pepsi
Mountain Dew

3. Unilever

Origin Country: UK
Founding year: 1929
Net worth: $157.06 Billion
Website: www.unilever.com

Unilever holds a prominent position in the global soft drink companies market in revenue. With a presence in 190 countries, Unilever offers a diverse range of products encompassing personal care, beauty, beverages, food, ice cream, and condiments. Its renowned beverage brands enjoy widespread popularity, contributing to Unilever’s status as the third-largest consumer goods company in the world based on revenues, with a market capitalization of USD $157.06 billion.

Some of their popular brands are:

Bru
Buavita
Jif
Lipton

4. Starbucks

Origin Country: USA
Founding Year: 1971
Net Worth: $107.69 Billion
Website: www.starbucks.com

Starbucks, a global coffeehouse chain, has seen consistent revenue growth over the past decade. In 2023, their consolidated net revenues reached a record $9.4 billion in the fourth quarter alone, with an impressive 11% increase. Their active U.S. Starbucks Rewards membership also soared to 32.6 million, reflecting a 14% year-over-year growth.

For the full fiscal year 2023, Starbucks achieved an 8% increase in global comparable store sales. North America and the U.S. led the way with a 9% increase, while international markets also contributed, especially China with a 2% increase in comparable store sales1.

Starbucks’ revenue primarily comes from beverage sales, which distinguishes it from traditional soft drink companies. Their iconic coffee drinks, such as lattes, cappuccinos, and cold brews, remain customer favorites.

The brand’s global appeal lies in its consistent quality, cozy ambiance, and commitment to customer experience. Whether you’re in New York, Beijing, or Paris, Starbucks offers a familiar taste and a welcoming environment.

Starbucks’ success transcends borders due to its strategic expansion, adaptability, and focus on creating a “third place” (beyond home and work) for people to gather, work, or relax. This universal appeal has made Starbucks a beloved brand in over 80 countries, with more than 38,000 stores worldwide. Compared to traditional soft drink companies, Starbucks emphasizes a broader beverage experience that attracts a diverse clientele.

5. Monster Energy Company

Origin Country: USA
Founding year: 1935
Net worth: $51.54 Billion
Website: www.monsterenergy.com

In the first quarter of 2024, Monster Beverage Corporation, one of the leading soft drink companies, reported impressive results. Net sales for the 2024 second quarter increased 2.5 percent to $1.90 billion, from $1.85 billion in the same period last year. Despite unfavorable currency exchange rates (especially in Argentina), their Monster Energy® Drinks segment led the charge with a 10.7% increase in net sales in the first quarter.

Brands like Monster Energy®, Reign Total Body Fuel®, and Bang Energy® contributed to this growth. Additionally, strategic brands and alcohol brands also saw remarkable gains, showcasing the company’s resilience and market presence among top soft drink companies.

The highlights of the Monster Energy brands include:

Monster Energy
Lo Carb
Absolutely Zero
M-80

6. Keurig Dr. Pepper

Origin Country: USA
Founding year: 2008
Net worth: $50.06 Billion
Website: keurigdrpepper.com

Keurig Dr. Pepper Inc. operates in the beverage industry and holds the seventh position among the world’s largest and most popular soft drink brands in terms of revenues and it has been ranked sixth on our list of the top 10 soft drink brands. Keurig Dr. Pepper Inc. actively offers 125 cold and hot beverages, including juices, sodas, and soft drinks. The company holds a market share of 25%.

Their brands include products such as:

Dr Pepper
7up
RC Cola
Sun Drop

7. Danone

Origin Country: Spain
Founding year: 1919
Net worth: $46.18 Billion
Website: www.danone.com

Danone delivered a good start to 2024, with quality growth. Which eventually helped retain its spot among the top soft drink companies in 2024. Net sales reached €6,789 million in Q1, up by 2.9%. Their like-for-like (LFL) basis showed a strong 4.1% growth, driven by positive volume/mix across categories.

A few of the brands they own are:

Danone Aqua
Nutrilon
Danette
Bonafont

8. Nongfu Spring

Origin Country: China
Founding Year: 1996
Net Worth: $42.56 Billion
Website: en.nongfuspring.com

Nongfu Spring, established in 1996, has become a powerhouse in the Chinese beverage market, but it’s not quite a contender for the top 10 soft drink companies in 2025. Their strength lies in bottled water, where they hold a commanding market share of over 26.5%. Their success stems from a robust national distribution network reaching millions of retail outlets and a commitment to high-quality products sourced from natural springs.

However, Nongfu Spring isn’t resting on its laurels. They are strategically diversifying their beverage portfolio beyond bottled water. Sugar-free tea options like “Oriental Leaf Tea” have been a major hit, contributing nearly 30% of their revenue in 2023. This diversification has helped them achieve impressive revenue growth, with total revenue in 2023 surpassing RMB 42.67 billion (USD 5.8 billion). Overall, Nongfu Spring’s focus on quality and strategic product expansion has solidified its position as a major player even among soft drink companies in the Chinese beverage landscape.

9. Varun Beverages

Origin Country: India
Founding year: 1995
Net worth: $23.56 Billion
Website: www.varunbeverages.com

Varun Beverages Limited (VBL) is an Indian multinational company that makes, bottles, and sells drinks. It is the biggest bottler of PepsiCo drinks outside the U.S. The company was started in 1995 as part of RJ Corp and was named after its founder Ravi Jaipuria’s son. VBL’s portfolio includes some of the top selling sodas in India, contributing significantly to their revenue growth.

Varun Beverages’ most recent financial reports show that the company’s current revenue (TTM) stands at $2.11 billion USD. Also, their current earnings are at $2.11 Billion USD. As of Q2 2024, Varun Beverages reported a revenue of approximately $867 million USD, reflecting a year-over-year growth of 28.25%. The company’s net income for the same period was around $151 million USD, showing a 26.04% increase from the previous year.

They distribute the following variety of beverages, including:

Tropicana fruit juice brands
Gatorade sports-themed beverages
Sting energy drinks
Creambell milkshakes
Duke’s club soda
Lipton ready-made ice tea
Aquafina bottled water

10. Asahi Group Holdings

Asahi-Group-Holdings Soft drinks Companies

Origin Country: Japan
Founding year: 1889
Net worth: $18.24 Billion
Website: www.asahigroup-holdings.com

Asahi Group Holdings Ltd., a prominent Japanese company, has secured a significant position in the global soft drink market in terms of revenue, earning it the distinction of being ranked tenth on our list of the top 10 soft drink brands. The company specializes in the beverage industry, providing diverse products, including juice, bottled water, and an assortment of soft drinks. Asahi Group Holdings operates through multiple divisions, with its soft drinks segment capturing a substantial market share of 17.2%.

A glimpse of the brands they own:

Wilkinson
Jurokucha
Mitsuya Cider
Calpis

Last Sip of the blog

This list of the top 10 soft drink companies in 2025 has provided a comprehensive picture of the industry’s major players. You will gain valuable insights into the ever-changing soft drink business by examining these brands’ various features and statuses. With so many options, you may now make informed decisions to satisfy your beverage preferences. Visit our site frequently to stay up-to-date and informed as we attempt to provide you with the most recent updates on various issues.