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Coca-Cola holds top spot, but category keeps losing market share

Published on Wednesday, March 28, 2012

U.S. soft drink sales fell for the seventh consecutive year in 2011 as consumers increasingly switched to energy drinks, water and teas, according to a new report.

While the nation's bestselling beverages remained No. 1 Coca-Cola, No. 2 Diet Coke and No. 3 Pepsi, volume for the carbonated drinks segment was down 1 percent in 2011, according to Beverage Digest's annual look at the industry's performance. 

Non-carbonated drinks, however, saw strong growth. Energy drink companies Monster, Red Bull and Rockstar saw double-digit increases last year while sales volume for "mega brands" such as Gatorade, a Pepsi product, and Arizona, a tea, were up 8 percent and 9.3 percent respectively, Beverage Digest reported. Dasani, one of Atlanta-based Coke's water lines, grew 11 percent.

A separate industry study by Beverage Marketing Corporation had similar findings, adding that coffee grew 9.4 percent.When all products are combined -- soft drinks, water, teas, etc., -- volume in 2011 was up 0.8 percent compared to 2010.

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