Corporate Profiles - 2024 - 30

GRAIN-BASED FOODS
LEADING NONFLAVORED CONVENIENCE
LEADING SINGLE-CUP
bottled water vendors
1 BlueTriton Brands
2 PepsiCo, Inc.
3 Glaceau Water Co., Inc.
4 Coca-Cola Co.
5 Natural Waters of Viti Pte Ltd.
6 Essentia Water, LLC
7 Danone Waters of North America
8 CG Roxane LLC
9 Core Nutrition LLC
Private label
Total
% change
from
Dollar sales
$3,405,844,848
$790,903,068
$575,200,085
$545,741,984
$400,464,192
$317,127,845
$209,811,361
$202,056,440
$165,450,573
$6,303,152,429
$13,525,232,210
LEADING NONFLAVORED CONVENIENCE
bottled water brands
1 Poland Spring
2 Nestle Pure Life
3 Aquafina
4 Glaceau smartwater
5 Dasani
6 Deer Park
7 Ozarka
8 Ice Mountain
9 Fiji
Private label
Total
% change
from
Dollar sales
$856,492,282
$730,874,273
$720,380,477
$575,200,085
$545,740,094
$499,194,829
$428,506,500
$400,945,421
$400,464,195
$6,303,152,429
$13,525,232,210
year ago
1.3%
3.6%
-14.3%
1.9%
-13.6%
3.4%
10.4%
3.5%
-3.5%
3.4%
1.1%
Data for 52 weeks ended July 14, 2024
Total US - Multi-outlet with C-Store (Supermarkets, Drugstores and Mass Market Retailers,
Gas/C-Stores, Military Commissaries and Select Club & Dollar Retail Chains)
Source: Circana OmniMarket Total Store View
drinks market to have a CAGR of 8% from 2024 to 2033, growing
to $50.8 billion. Custom Market Insights noted a shift in wellness
and transparency as consumers seek vitamins, minerals and natural
ingredients.
COFFEE AND TEA
Mintel, Chicago, forecast the US market for coffee and ready-to-drink
coffee to reach $19.7 billion in 2024 and surpass $20 billion by 2029.
The interests of Gen Alpha will make it necessary to modernize and
meet new needs, according to Mintel. Thirty percent of US coffee consumers,
driven by Gen Z and millennials, reported drinking more coffee
this year than last year, according to Mintel.
Beverage Marketing Corp. forecasts little volume change in the US
coffee market, projecting losses of 1.2% in 2024 and 0.2% in 2025,
followed by gains of 0.6% in 2026 and 1% in 2027.
US retail sales of single-cup coffee decreased 0.9% to $7.70 billion
in the 52-week period ended July 14 when compared to the previous
30 \ October 2024
year ago
3.5%
-13.7%
1.9%
-13.6%
-3.5%
-6.9%
10.8%
4.9%
-6.6%
3.4%
1.1%
coffee vendors
1 The Folger Coffee Co.
2 Starbucks Coffee Co.
3 Kraft Heinz Co.
4 The J.M. Smucker Co.
5 Peet's Coffee
6 Rowland Coffee Roasters
7 Keurig Dr Pepper
8 Community Coffee Co., Inc.
9 Massimo Zanetti Beverage USA
Private label
Total
LEADING SINGLE-CUP
coffee brands
1 Folgers
2 Starbucks
3 Maxwell House
4 J.M. Smucker Dunkin'
5 Peet's Coffee
6 Café Bustelo
7 Keurig
8 Community
9 Gevalia
Private label
Total
% change
from
Dollar sales
$1,227,757,072
$681,520,478
$437,818,476
$430,201,320
$266,215,079
$257,712,838
$121,909,373
$115,997,492
$84,096,006
$801,581,962
$5,442,856,847
year ago
-3.5%
-2.5%
-2.9%
-6.8%
2.3%
8.8%
-8.0%
-0.7%
-0.2%
-5.4%
-1.7%
Data for 52 weeks ended July 14, 2024
Total US - Multi-outlet with C-Store (Supermarkets, Drugstores and Mass Market Retailers,
Gas/C-Stores, Military Commissaries and Select Club & Dollar Retail Chains)
Source: Circana OmniMarket Total Store View
52 weeks, according to Circana. Unit sales volume increased 1.1% as
price per unit fell 2%.
Keurig Dr Pepper sales in the category declined 8% to $1.58 billion.
Keurig Dr Pepper planned to offer the Keurig Alta Brewer for a variety
of hot and cold barista-style beverages.
" So, this new brewer starts by providing all types of beverages, the
traditional drip long black coffee, but also a high-pressure espresso,
your lattes, your cappuccinos and cold coffee, so every form of coffee
you'd like in one brewer, " Cofer said.
ResearchAndMarkets, Dublin, forecast the global ready-to-drink
tea market to have a compound annual growth rate of 5.4% from
2022 to 2028, reaching $47.13 billion, with Indonesia and Thailand
showing growth.
The Asia Pacific region accounted for more than 50% of global
revenue in 2022. US retail sales of canned and bottled tea rose
0.7% to $3.23 billion in the 52-week period ended July 14, according
to Circana, but unit volume decreased 3.1%. CP
Milling & Baking News * Food Business News * Baking & Snack * Meat+Poultry * Dairy Processing * Pet Food Processing
Corporate Profiles
% change
from
Dollar sales
$1,235,528,928
$681,520,478
$560,869,403
$445,766,297
$297,010,464
$260,180,339
$121,909,373
$115,997,492
$92,925,478
$801,581,962
$5,442,856,847
year ago
-3.6%
-2.5%
-1.1%
-6.7%
2.2%
8.5%
-8.0%
-0.7%
-4.9%
-5.4%
-1.7%
INDUSTRY REVIEW: beverages
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Corporate Profiles - 2024

Table of Contents for the Digital Edition of Corporate Profiles - 2024