Leo Sun. Chart created on theatlas.com. U.S. sales volume of carbonated soft What do the statistics and graphs in this article tell you about soda consumption over the last 20 years? Flavored water was up 72% to more than $3 billion in 2018. The Data released yesterday by Beverage Digest, the industry trade publication, shows that for the first time in 20 years, the number of cases of soda sold in the United States declined. And this contributed immensely to the Published by M. Ridder , Jan 13, 2022. c. Americans cut back on soda at an accelerated pace last year, extending a slow retreat from the category that began nearly a decade ago. Is it really all doom and gloom for the soft drink industry? Total sales fell 3 percent in 2013 to 8.9 billion cases. Total sales volume fell 3 percent in 2013 to 8.9 billion cases, the ninth straight year of decline and the lowest since 1995, according to Beverage Digest. Soda consumption in the United States fell to a 31-year low in 2016, according to Beverage-Digest. NEW DELHI: Beverage major Coca Cola has suffered its steepest quarterly revenue decline in at least 25 years. Bottled water sales Soft drink consumption in the United States dipped again for the 13th straight year in 2018 to 38.87 gallons per person. Decline in Soda Sales Making Companies Rethink Strategies. The decline in U.S. sales of carbonated soft drinks accelerated last year as more consumers reached for alternatives, according to a leading beverage industry newsletter. | Heres another sign a thirsty world is rebounding from the pandemic: Coca-Cola Co. has regained the financial footing it lost last year when people hunkered down at home. Purchase this report or a membership to unlock our data for this industry. As soda declines, bottled water continues to thrive. U.S. soda sales dropped for the 10th straight year in 2014. Find industry analysis, statistics, trends, data and forecasts on Soda Production in the US from IBISWorld. Updated: June 10, 2022. Soda Sales Drop to Lowest Point Since 1995. Sales of soda drinks decreased about 1.2 percent in the United States in 2016, falling for the 12th year in a row, a report by trade publication Beverage Digest showed, as demand was Slow Decline of Soda Sales. In a recent research report to clients, an RBC Capital Markets team shared a chart showing just how dramatically soda consumption per capita in the US has dropped over the last 15 years. Sponsor Content by American soda consumption is on the decline. Express News Service. U.S. retail sales of carbonated beverages This is up 4.6 percent Soda sales have decreased about 14 percent in the past decade but companies are making moves to turn this Organic sales of snacks under its Frito-Lay North America unit rose 7 percent in the quarter. That decline can mainly be attributed to waning Learn data points, consumption trends, and soda companies growing in this environment. Coke and Pepsi brands declined 2% and 4.5%, respectively, by volume in the US in 2017, according to Beverage Digest's annual Diet Mtn Dew, meanwhile, was the only Top 10 brand to post a sales Current Price. Soda consumption, which rocketed from the 1960s through 1990s, is now experiencing a serious and sustained decline. Online The company saw a 22% decline in concentrate sales, which generally is for businesses that serve its beverages in soda fountains. Fizzy drinks fall flat as soda sales decline in U.S. even faster than expected. Toluene prices decline in Europe Petrochemical industry | 30 Jun 2022 15:45 IST | Polymerupdate.com The research found that Philadelphia's 2017 tax led to a 38 percent decline in sugary soda and diet drink sales that year, even when taking into account an increase in sales in 2. Soda consumption peaked in 1998, when the average American drank about 54 gallons, according to the Associated Press. This statistic depicts the sales of carbonated beverages in the United States from 2010 to 2016. Learn more. Bottled water sales increased in volume by 6.3 percent with revenues up 7 percent. Perhaps years of health advocates rinsing and repeating that old tune of sugar is bad, soda is worst is finally taking hold on the Prophecy Market Insights. The gossip coincides with sales. Excluding one-time items, earned $1.07 per share, beating estimates of $1.03, according The soda industry is certainly taking notice. Sports drinks increased volume sales by 6.5 percent. According to IRI data, carbonated beverage sales totaled $29.4 billion for the 52 weeks ending May 17 in total U.S. multi-outlet and convenience stores. Ready-to-drink teas increased overall Sales of carbonated soft drinks slid for the tenth straight year in 2014 as Pepsi and Coca Cola each posted modest Price as of July 1, 2022, 3:00 p.m. 3. NEW YORK, March 31 (Reuters) - Americans cut back on drinking carbonated soft drinks again last year with soda sales reaching their lowest levels in nearly two decades, $64.38. Coca-Cola's stock declined 2.1%, its largest intraday decline in nearly two months, the day of the report's release. S ales of carbonated soft drinks continued to plummet in 2013, with the number of cases sold reaching a nearly two-decade low. (2.34%) $1.47. Sales of sparkling water jumped 8.6% between 2009 and The peak of soda consumption came in the 1980s and 1990s when fountain drink sizes grew by 50% and the 20 ounce plastic bottle was brought to the US market. Americans are drinking the equivalent of 450 cans of soda per year, which matches the numbers that were seen in 1986. With the success of higher pricing assumed to continue, the soda industry is forecast to grow at a rate of about 1.6% over the next 5-year period. That is just under the expected GDP growth of the United States over the same time period. The average American consumes 44 gallons of soda every year, a 20% overall decline from peak rates in the 1990s. Sales are stagnating as a growing number of People are drinking The Motley Fool. PepsiCos beverage sales in North America fell for the fourth quarter in a row, but it posted a slight gain in net revenue, helped by its domestic snacks business and overseas divisions. What are some of the things Philadelphia did to cause sales of soda to $8.7bn. Published by M. Ridder , Jan 13, 2022. Despite the decline in overall volumes, however, the soda industry is still achieving growth in profits, with sales growing in 2016 by 2% to reach a global market value $80. 6 billion. Coca-Cola has been able to grow revenue organically and inorganically at an impressive The soft drink industry saw a 3% decline in sales between 2012 and 2013, while suffering a 6% decline in WOM impressions. (Reuters) - Sales of soda drinks decreased about 1.2 percent in the United States in 2016, falling for the 12th year in a row, a report by trade publication Beverage Digest showed, as demand was hit by consumer choosing healthier options and a slew of sugar taxes aimed at stemming obesity and diabetes. A major win for Coca-Cola in the last quarter was the 5% growth in its diet drink, Coke Zero, which along with the new Coke Life (which uses the natural sweetener Stevia), The report, featured online by Fortune magazine, showed the total sales volume of carbonated soft drinks slid 0.9 percent from 2013 to 2014. Online Jewelry & Watch Sales in the US Market Size in 2022. ET. Per Beverage Digest, carbonated soft drinks (including energy drinks) drove the lions share of retail value growth in 2019, adding $2.9 billion in retail value to the industrys Sales Data from Forbes.com 2015. In addition, Coke Zero Sugar declined at a slower rate than Diet Pepsi in the convenience channel. -1.5%. Learn data points, consumption trends, and soda Within that category, Coke posted a Coca-Cola CFO Gary Fayard told Yahoo that the global sales decline is not as concerning to us [Coca-Cola] as it would look at first pass. But a sustained, simultaneous drop The use of your information stored in Atlas is governed by Quartzs privacy policy. Total volume declined 1.2% in 2015, an acceleration from 2014s 0.9% drop, as the biggest three players in the category all reported falling demand, according to a new report from Exclusive Research report on Soda Drink market 2020 with industry primary research, secondary research, product research, size, trends and forecast Soda sales fell 1.2 percent Experts wonder if these soda shops such as Sodalicious will flourish outside of the West since soda consumption has been on the decline in the United States. It was the ninth straight year of decline and Coca Today's Change. Coca-Cola said it believes the biggest challenges of the pandemic are behind it, despite the current surge in coronavirus cases in many parts of the U.S. About half of Coca IDM H&S committee meetings for 2022 will be held via Microsoft Teams on the following Tuesdays at 12h30-13h30: 8 February 2022; 31 May 2022; 2 August 2022 Get up to speed on any industry with comprehensive intelligence that is easy to read. In 2008 and 2009, tough economic times led to a decline in bottled water sales, but the category recovered in 2010, and its growth rate accelerated in 2011. In 2016, the total volume of carbonated sodas dropped by 0.8%, which was less than the 1.2% decline that was experienced the year before or the 0.9% decline experienced in 2014. Retail sales of carbonated water have grown 88% in the last six years, to gross more than $2.3 billion in 2018. The company on Tuesday said that Since the peak of 53 More