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While Pepsi revenue pops, Dr Pepper is bubbling up in the soda standings

While Pepsi revenue pops, Dr Pepper is bubbling up in the soda standings

Soda consumption was reported to be declining in the mid-2010s, hitting a 30-year low in 2015, per industry tracker Beverage Digest. Now, though, it looks like Americans are falling back in love with the drinks: total soft drink sales are growing again, and Coca-Cola and Keurig Dr Pepper, the world’s biggest soda brands besides Pepsi, have also seen soda case sales rise in the past year.

Even as Pepsi enjoys a revenue rebound, the soaring popularity of other household name beverages are undercutting its market dominance. Last year, ambiguously flavored fan favorite Dr Pepper overtook Pepsi as the second-highest-selling soft drink by case sales, securing an 8.7% market share in the US, Beverage Digest found.

Not only that, Sprite, Coca-Cola’s citrus-flavored soft drink, just pipped Pepsi to third position with an 8.03% share of the market, compared with Pepsi’s 7.97%, putting the drink in fourth place for the first time in the tracker’s history.

See the full article here.

While Pepsi revenue pops, Dr Pepper is bubbling up in the soda standings - Voronoi