Leading LRB companies in the U.S. 2022, based on volume share

Keurig Dr Pepper saw its global net sales increase from around 4.27 billion U.S. dollars in 2017 to more than 11 billion U.S. dollars in 2019. As of 2021, it decreased again to 9.5 percent. In July 2018, Keurig acquired Dr Pepper Snapple Group and through this merger more than doubled its worldwide sales figures. The company operates in the liquid refreshment beverages industry, where it established itself as an industry leader with a brand portfolio including Dr Pepper, 7Up, Green Mountain Coffee and Snapple, among others.

Keurig Dr Pepper brands

While the company has a diverse portfolio of soft drink brands, the Dr Pepper brand generates the lion’s share of its sales volume in the United States, with around 596 million 192 ounce cases sold in 2020. In 2019, Snapple tea generated the most sales in the non-carbonated drinks segment, with 50.5 million 192 ounce cases sold.

Non-alcoholic beverages and soft drinks in the U.S.

The non-alcoholic beverages industry in the United States encompasses a wide range of liquid refreshment beverages such as soft drinks, juices and ready-to-drink coffee. Keurig Dr Pepper was the fourth largest liquid refreshment company in the United States based on volume share, capturing nearly nine percent of the market in 2022. The two largest companies were Coca-Cola Co. and PepsiCo that year, accounting for 23.1 percent and 17.6 percent of the liquid refreshment market in the U.S., respectively.