The 15 Largest Soda Companies In The World (2026 Update)

The fizzy, sugar-laden allure of soda has generated multi-billion-dollar brands worldwide. Despite ongoing health discussions around sugary beverages, Americans still consume nearly 40 gallons annually on average, providing significant profit margins for the largest soda companies both domestically and globally.

While many people recognize their favorite soda brands, they often remain unaware of the corporations behind these products.

Here’s a look at the 15 largest soda companies around the globe in 2026:

A Closer Look at the Brands and How They Were Ranked

1. PepsiCo. Headquarters: Harrison, NY

   2023 Annual Company Revenue: $86.392 billion
   Brands Owned: Pepsi, Diet Pepsi, Mountain Dew, Lay’s, Gatorade, Tropicana, Doritos, Brisk, Tostitos, Aquafina, etc.

   PepsiCo remains the largest soda company by revenue and brand variety. While consumers commonly associate the company with its flagship beverage, Pepsi, it also owns 22 additional food and drink brands, each generating over a billion dollars in annual revenue.

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2. Unilever. Headquarters: London, United Kingdom

   2023 Annual Company Revenue: $65.889 billion
   Brands Owned: Lipton, Pure Leaf, Hellman’s, Breyer’s, Klondike, Popsicle, etc.

   Unilever ranks third among soda producers, owing much of its revenue to its diverse portfolio, including beverages. One of its most renowned brands is Lipton tea, which it shares in partnership with PepsiCo.

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3. The Coca-Cola Company. Headquarters: Atlanta, GA

   2023 Annual Company Revenue: $43.0 billion
   Brands Owned: Coca-Cola, Sprite, Fanta, Schweppes, Barqs, SmartWater, Powerade, Vitamin Water, Minute Maid, Simply, Honest Tea, etc.

   As PepsiCo’s primary competitor, The Coca-Cola Company remains a dominant force in the soda market. Despite its extensive brand portfolio, its revenue trails behind that of PepsiCo.

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4. Asahi Group Holdings. Headquarters: Tokyo, Japan

   2023 Annual Company Revenue: $18.648 billion
   Brands Owned: Wilkinson Carbonated Drink, Mitsuya Cider, Calpis, Asahi Dry-Zero, Ko Otsu Mixed Shochu, etc.

   Asahi Group is a leading producer of both alcoholic and non-alcoholic beverages in Japan. Originally focused on beer, the company has expanded its portfolio to include popular soft drinks.

5. Keurig Dr. Pepper. Headquarters: Plano, TX

   2023 Annual Company Revenue: $14.057 billion
   Brands Owned: Dr. Pepper, 7Up, AW, Canada Dry, Sunkist, Squirt, Stewart’s Fountain Soda, Bai, Snapple, Swiss Miss, Yoohoo, etc.

   Keurig Dr. Pepper emerged from the merger of Dr. Pepper Snapple Group and Green Mountain Coffee Roasters. The company offers a diverse range of beverages, from sodas to bottled coffees.

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6. Kofola. Headquarters: Ostrava, Czech Republic

   2023 Annual Company Revenue: $6.99 billion
   Brands Owned: Kofola, Vinea, Radenska, Studenac, Rajec, Jupik, Semtex, etc.

   The Kofola Group was established in the 1950s to create a soda that could compete with Western brands. Today, it continues to thrive by expanding its flavors and product lines.

7. Monster Beverage. Headquarters: Corona, CA

   2023 Annual Company Revenue: $6.31 billion
   Brands Owned: Monster Energy Drinks, Monster Energy Ultra, Monster Maxx, Java Monster, Cafe Monster, etc.

   Monster Beverage Company has positioned itself as a leading competitor in the energy drink market, rivaling brands like Red Bull. The company has evolved from its origins as Hansen’s Natural Corporation.

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8. Arizona Beverage Company. Headquarters: Woodbury, NY

   2023 Annual Company Revenue: $3 billion
   Brands Owned: Arizona Iced Teas, Arizona Arnold Palmer, Arizona Ade’s, Arizona Golden Bear Lemonade, AZ Energy, etc.

   Arizona Beverage Company has carved a niche in the iced tea market since 1992, successfully competing against giants like Snapple through strategic marketing and affordable pricing.

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9. Cott / Primo Water Corporation. Headquarters: Tampa, FL

   2023 Annual Company Revenue: $2.215 billion
   Brands Owned: Sam’s Cola, Dr. Thunder, Primo Water North America, Crystal Springs, etc.

   Cott Corporation rebranded as Primo Water Corporation following a strategic shift towards water and coffee products, moving away from its traditional retail soda business.

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10. Britvic. Headquarters: Herefordshire, United Kingdom

    2023 Annual Company Revenue: $1.80 billion
    Brands Owned: Robinson’s, Tango, J20, Fruit Shoot, Dafruta, and PepsiCo Brands

    Britvic has a long-standing legacy in the soft drink industry, evolving from its early focus on vitamin-rich products to a diverse range of mixers and fruit beverages. Strategic partnerships, like a 20-year bottling contract with Pepsi, have bolstered its growth.

11. National Beverage. Headquarters: Fort Lauderdale, FL

    2023 Annual Company Revenue: $1.138 billion
    Brands Owned: LaCroix, Faygo, Shasta, Ritz, Big Shot, Mr. Pure, Home Juice, ClearFruit, Crystal Bay, etc.

    Founded in 1985, National Beverage Corporation has achieved significant success, particularly with its sparkling water brand LaCroix, which now represents a substantial portion of its revenue.

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12. Red Bull North America. Headquarters: Fuschl, Austria

    2023 Annual Company Revenue: $220 million
    Brands Owned: Red Bull Energy Drink, Red Bull Sugarfree, Red Bull Zero, Red Bull Yellow Edition, Red Bull Blue Edition, etc.

    Red Bull is synonymous with energy drinks, leveraging a unique marketing strategy centered on extreme sports that has propelled its global popularity since its launch in Austria in 1987.

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13. Bisleri. Headquarters: Mumbai, India

    2023 Annual Company Revenue: $219.33 million
    Brands Owned: Bisleri, Vedica, Fonzo, Spyci, Limonata

    Bisleri is a major player in India’s bottled water market, which has recently diversified into fizzy drinks, maintaining its reputation as a provider of safe drinking water.

14. Reed Barton. Headquarters: Norwalk, Connecticut

    2023 Annual Company Revenue: $116 million
    Brands Owned: Reed’s Ginger Brews, Virgil’s Root Beer, Reed’s Cream Soda, Dr. Better, Real Cola, China Cola, Sonoma Sparkler’s, etc.

    Reed’s, Inc. is known for its ginger brews, marketed as a healthier alternative to traditional sodas. The company has expanded its brand portfolio significantly since its inception.

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15. Jones Soda Company. Headquarters: Seattle, WA

    2023 Annual Company Revenue: $19.1 million
    Brands Owned: Jones Pure Cane Soda, Jones Sugar-Free, Jones Cane Sugar Fountain Products, Spiked Jones (Alcoholic), Lemoncocco

    Jones Soda Company, known for its unique product packaging featuring customer-submitted photos, has successfully maintained a niche market with its pure cane sugar sodas.

Soda Industry FAQ

1. How big is the soda industry in the U.S.?

   The soda industry in the U.S. has a market size of $42.4 billion as of 2023. Additionally, the U.S. soft drink industry generates a staggering net revenue of $328.10 billion.

Overall, the U.S. makes up a significant share of the global industry, hosting 9 of the 15 largest soda companies.

2. What is the world’s biggest soft drink company?

   PepsiCo is recognized as the largest soft drink company globally, followed closely by The Coca-Cola Company and Unilever. Coca-Cola Zero Sugar has emerged as the fastest-growing soft drink in the U.S., demonstrating significant growth in both retail value and volume.

Author

Sky Ariella

Sky Ariella is a professional freelance writer, originally from New York. She has been featured on websites and online magazines covering topics in career, travel, and lifestyle. She received her BA in psychology from Hunter College.