20 Biggest Non-Alcoholic Beverage Companies in the U.S.

Published on January 27, 2023 at 11:16 am by Ramish Cheema in Economy, News

In this piece, we will take a look at the 20 biggest non-alcoholic beverage companies in the U.S. For more companies, head on over to 5 Biggest Non-Alcoholic Beverage Companies in the U.S.

The global non alcoholic beverages market is one of the largest in the world, as is clear by the large market capitalization of firms such as The Coca-Cola Company (NYSE:KO) and PepsiCo, Inc. (NASDAQ:PEP). In fact, you’d be surprised to learn that the market was worth more than a trillion dollars at the end of 2021. This valuation was during a time when global supply chains and consumption were disrupted by the coronavirus pandemic, which had led to lower foot traffic at stores and made it harder for companies to ship their products as well.

Getting into the specifics, a report from Grand View Research suggests that the industry was worth $833 billion last year and it will grow at a compounded annual growth rate (CAGR) of 5.6% between 2022 and 2030. As is the case with most industries out there, Asia Pacific is the strongest growing segment and the largest segment of the market as well due to a large population and rapidly rising incomes. On the other hand, North America, including the U.S., Mexico, and Canada is the second largest global market for non-alcoholic beverages, outpacing Europe. However, Grand View Research cautions that a growing trend towards healthy foods and an obesity problem in the region can hamper the market since most nonalcoholic beverages are sugary drinks.

Another key insight into the growing popularity of non-alcoholic beverages comes from the Bacardi Cocktail Trends Report which was released in December 2022. This report outlines that Bacardi’s Global Brand Ambassador Survey 2022 shows that 49% of respondents surveyed were curious about nonalcoholic spirits as well – amidst a growing wave of popular sentiment that is steering towards alcohol free drinks.

Our Methodology

We took a broad look at the beverage industry to sift out those firms that do not sell alcoholic drinks and have a large presence in the U.S. The bulk of these companies are American, however, some notable names that are very popular in America have also been included. The firms are ranked according to their market capitalization, however, since some are private entities, their revenue has been stated instead. For a broader look at the food and beverages industry, be sure to check out Largest Food and Beverage Companies in the World.

20 Biggest Non-Alcoholic Beverage Companies in the U.S.

20. Rauch Fruchtsäfte GmbH & Co OG

Revenue in 2020: EUR2 billion

Rauch Fruchtsäfte GmbH & Co OG is an Austrian beverage firm that was set up in 1919 and is a privately held firm. The company has a global presence, and it operates in different countries through local subsidiaries. Rauch Fruchtsäfte GmbH & Co OG’s U.S. subsidiary is Rauch NA. Rauch NA has a facility located in Glendale, Arizona, and not only does it manufacture Rauch’s signature juices, but it also operates as a contract filling plant for other companies. Rauch Fruchtsäfte GmbH & Co OG’s most famous product, which you’re bound to have heard of, is the energy drink Red Bull.

19. Greene Concepts, Inc. (OTCMKTS:INKW)

Market Capitalization as of January 18, 2023: $3.28 million

Greene Concepts, Inc. (OTCMKTS:INKW) is a North Carolina based bottling and beverage company that was set up in 1952. The firm primarily focuses on producing bottled waters of different types such as spring water, pH balances water, and artesian water. The products are marketed to health conscious individuals and those who regularly exercise. Additionally, Greene Concepts, Inc. (OTCMKTS:INKW) also has a CBD infused beverage line called Happy Mellow with 20 milligrams of broad CBD extract.

18. NuZee, Inc. (NASDAQ:NUZE)

Market Capitalization as of January 18, 2023: $10 million

NuZee, Inc. (NASDAQ:NUZE) is a relatively younger company that was set up in 2011 and is headquartered in Texas. The firm was initially set up as a bottled water company in New Zealand, but it is now a coffee packaging company. NuZee, Inc. (NASDAQ:NUZE) has three coffee brands, Twin Peaks, Dripkit, and Coffee Blenders. These sell different kinds of coffees, such as pour overs and brew bags. The company can produce 300 million single serve coffees.

Two of the 920 hedge funds polled by Insider Monkey during Q3 2022 had invested in NuZee, Inc. (NASDAQ:NUZE).

Jim Simons’ Renaissance Technologies is NuZee, Inc. (NASDAQ:NUZE)’s largest investor through a $24,000 stake that comes via 72,430 shares.

17. Reborn Coffee, Inc. (NASDAQ:REBN)

Market Capitalization as of January 18, 2023: $16 million

Reborn Coffee, Inc. (NASDAQ:REBN) is a California based retail coffee company. The firm is headquartered in Brea, and it was set up in 2014. It also sells packaged coffee, which covers whole beans, cold brew packs, and pour over packs. Reborn Coffee, Inc. (NASDAQ:REBN)’s retail coffee outlets are located primarily in California, with ten facilities in the state. Additionally, Reborn Coffee, Inc. (NASDAQ:REBN) also has a global presence, after it announced an opening of a store in South Korea in January 2023.

16. The Alkaline Water Company Inc. (NASDAQ:WTER)

Market Capitalization as of January 18, 2023: $33 million

The Alkaline Water Company Inc. (NASDAQ:WTER) is a bottled water company that is headquartered in Scottsdale, Arizona. The firm is one of the largest bottled water companies of its kind in the U.S., with more than 50,000 retail locations all over the country. It sells Alkaline water, CBD bottled water, and sports drinks.

Four of the 920 hedge funds polled by Insider Monkey during Q3 2022 had bought The Alkaline Water Company Inc. (NASDAQ:WTER)’s shares.

The Alkaline Water Company Inc. (NASDAQ:WTER)’s largest investor in our database is Paul Marshall and Ian Wace’s Marshall Wace LLP which owns 787,384 shares that are worth $267,000.

15. Farmer Bros. Co. (NASDAQ:FARM)

Market Capitalization as of January 18, 2023: $94 million

Farmer Bros. Co. (NASDAQ:FARM) is a century old firm that was set up in 1912 and is headquartered in Texas. The company makes and sells different kinds of coffee such as roasted, ground, frozen, ready to drink, and iced. It also sells iced and hot teas. Farmer Bros. Co. (NASDAQ:FARM) has more than a hundred warehouses located all over the U.S.

By the end of last year’s third quarter, four of the 920 hedge funds polled by Insider Monkey had bought Farmer Bros. Co. (NASDAQ:FARM)’s shares.

Farmer Bros. Co. (NASDAQ:FARM)’s largest shareholder is Mario Gabelli’s GAMCO Investors which owns 796,090 shares that are worth $3.7 million.

14. Zevia PBC (NYSE:ZVIA)

Market Capitalization as of January 18, 2023: $285 million

Zevia PBC (NYSE:ZVIA) is a soft drink company. It markets its products as those with zero sugar and calories, and the product list includes 49 different varieties of energy drinks, teas, sodas, sparkling water, and beverages for children. The firm was set up in 2007 and is headquartered in California.

Insider Monkey’s Q3 2022 survey of 920 hedge funds revealed that three had held a stake in Zevia PBC (NYSE:ZVIA).

Zevia PBC (NYSE:ZVIA)’s largest hedge fund investor in our database is Anthony Bozza’s Lakewood Capital Management which owns 277,873 shares that are worth $1.2 million.

13. BRC Inc. (NYSE:BRCC)

Market Capitalization as of January 18, 2023: $348 million

BRC Inc. (NYSE:BRCC) is a coffee company that sells its products through franchised retail coffee shops, convenience stores, other retailers, and the Internet. The firm also sells coffee brewing equipment.

Seven out of the 920 hedge funds part of Insider Monkey’s September quarter of 2022 survey had invested in BRC Inc. (NYSE:BRCC).

Glenn W. Welling’s Engaged Capital is BRC Inc. (NYSE:BRCC)’s largest shareholder through a $102 million stake that comes via 13.2 million shares.

12. The Vita Coco Company, Inc. (NASDAQ:COCO)

Market Capitalization as of January 18, 2023: $740 million

The Vita Coco Company, Inc. (NASDAQ:COCO), as the name suggests, is a coconut water company. The firm sells coconut water under the Vita Coco brand all over the world, and it also sells coconut milk and coconut oil. The Vita Coco Company, Inc. (NASDAQ:COCO) is headquartered in New York, New York.

Insider Monkey took a look at 920 hedge fund portfolios for 2022’s third quarter to discover that six had bought The Vita Coco Company, Inc. (NASDAQ:COCO)’s shares.

Out of these, The Vita Coco Company, Inc. (NASDAQ:COCO)’s largest investor is Richard Driehaus’ Driehaus Capital which owns 961,145 shares that are worth $10 million.

11. Westrock Coffee Company, LLC (NASDAQ:WEST)

Market Capitalization as of January 18, 2023: $976 million

Westrock Coffee Company, LLC (NASDAQ:WEST) is a coffee company headquartered in Arkansas. The firm is a diversified packaging company, that also roasts, produces, and sells coffee. Additionally, it also provides coffee and tea extracts to restaurants.

48 out of the 920 hedge funds polled by Insider Monkey during Q3 2022 had bought Westrock Coffee Company, LLC (NASDAQ:WEST)’s shares.

10. National Beverage Corp. (NASDAQ:FIZZ)

Market Capitalization as of January 18, 2023: $3.9 billion

National Beverage Corp. (NASDAQ:FIZZ) sells a wide variety of different non alcoholic beverages in the U.S. These include energy drinks, juices, soft drinks, carbonated drinks, and sparkling water. The firm was set up in 1985 and is headquartered in Florida.

By the end of the third quarter of last year, nine of the 920 hedge funds polled by Insider Monkey had bought National Beverage Corp. (NASDAQ:FIZZ)’s shares.

National Beverage Corp. (NASDAQ:FIZZ)’s largest investor is Jim Simons’ Renaissance Technologies which owns 3.8 million shares that are worth $147 million.

9. Dutch Bros Inc. (NYSE:BROS)

Market Capitalization as of January 18, 2023: $5.6 billion

Dutch Bros Inc. (NYSE:BROS) operates hundreds of drive through coffee locations all over the United States. Through these, it sells energy drinks, hot and cold espressos, teas, lemonades, and smoothies. The firm is based in Grants Pass, Oregon.

13 of the 920 hedge funds part of Insider Monkey’s 920 hedge fund survey for 2022’s third quarter had held a stake in Dutch Bros Inc. (NYSE:BROS).

Paul Marshall and Ian Wace’s Marshall Wace LLP is Dutch Bros Inc. (NYSE:BROS)’s largest hedge fund investor in our database. It owns 1.6 million shares that are worth $52 million. .

8. Celsius Holdings, Inc. (NASDAQ:CELH)

Market Capitalization as of January 18, 2023: $7.7 billion

Celsius Holdings, Inc. (NASDAQ:CELH) makes and sells thermogenic calorie burning beverages through grocery stores, gyms, nutrition stores, drug stores, and convenience stores. Some products include functional energy drinks and carbonated flavored dietary supplements.

By the end of 2022’s September quarter, 22 of the 920 hedge fund portfolios analyzed by Insider Monkey had held a stake in Celsius Holdings, Inc. (NASDAQ:CELH).

Celsius Holdings, Inc. (NASDAQ:CELH)’s largest investor is Richard Driehaus’s Driehaus Capital which owns 801,288 shares that are worth $72 million.

7. The Kraft Heinz Company (NASDAQ:KHC)

Market Capitalization as of January 18, 2023: $48.5 billion

The Kraft Heinz Company (NASDAQ:KHC) is an American food and beverage company. It sells its products through its own outlets and through restaurants, hotels, bakeries, pharmacies, and other mediums. Some of its drinks include tomato juice and hot chocolate.

Insider Monkey’s Q3 2022 survey of 920 hedge funds revealed that 40 had bought The Kraft Heinz Company (NASDAQ:KHC)’s shares.

The Kraft Heinz Company (NASDAQ:KHC)’s largest investor is Paul Cantor, Joseph Weiss, and Will Wurm’s Beech Hill Partners which owns 76,941 shares that are worth $3.1 billion.

6. Keurig Dr Pepper Inc. (NASDAQ:KDP)

Market Capitalization as of January 18, 2023: $49 billion

Keurig Dr Pepper Inc. (NASDAQ:KDP) is an iconic American non alcoholic beverage firm that was set up in 1981 and is based in Massachusetts. The firm sells specialty coffee and beverage concentrates under Dr. Pepper, Canada Dry, Squirt, and other brands.

23 of the 920 hedge funds polled by Insider Monkey during Q3 2022 had bought Keurig Dr Pepper Inc. (NASDAQ:KDP)’s shares.

Out of these, Robert B. Gillam’s McKinley Capital Management is Keurig Dr Pepper Inc. (NASDAQ:KDP)’s largest shareholder. It owns 35,473 shares that are worth $1.2 billion.

Click to continue reading and see 5 Biggest Non-Alcoholic Beverage Companies in the U.S.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Published on October 6, 2025 at by Inan Dogan, PhD

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Published on October 5, 2025 at by Inan Dogan, PhD

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20 Biggest Non-Alcoholic Beverage Companies in the U.S.

Published on January 27, 2023 at 11:16 am by Ramish Cheema in Economy, News

20 Biggest Non-Alcoholic Beverage Companies in the U.S.

20. Rauch Fruchtsäfte GmbH & Co OG

19. Greene Concepts, Inc. (OTCMKTS:INKW)

18. NuZee, Inc. (NASDAQ:NUZE)

17. Reborn Coffee, Inc. (NASDAQ:REBN)

16. The Alkaline Water Company Inc. (NASDAQ:WTER)

15. Farmer Bros. Co. (NASDAQ:FARM)

14. Zevia PBC (NYSE:ZVIA)

13. BRC Inc. (NYSE:BRCC)

12. The Vita Coco Company, Inc. (NASDAQ:COCO)

11. Westrock Coffee Company, LLC (NASDAQ:WEST)

10. National Beverage Corp. (NASDAQ:FIZZ)

9. Dutch Bros Inc. (NYSE:BROS)

8. Celsius Holdings, Inc. (NASDAQ:CELH)

7. The Kraft Heinz Company (NASDAQ:KHC)

6. Keurig Dr Pepper Inc. (NASDAQ:KDP)

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Published on October 6, 2025 at by Inan Dogan, PhD

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on October 5, 2025 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up:

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20 Biggest Non-Alcoholic Beverage Companies in the U.S.

Published on January 27, 2023 at 11:16 am by Ramish Cheema in Economy, News

Share

20 Biggest Non-Alcoholic Beverage Companies in the U.S.

20. Rauch Fruchtsäfte GmbH & Co OG

19. Greene Concepts, Inc. (OTCMKTS:INKW)

18. NuZee, Inc. (NASDAQ:NUZE)

17. Reborn Coffee, Inc. (NASDAQ:REBN)

16. The Alkaline Water Company Inc. (NASDAQ:WTER)

15. Farmer Bros. Co. (NASDAQ:FARM)

14. Zevia PBC (NYSE:ZVIA)

13. BRC Inc. (NYSE:BRCC)

12. The Vita Coco Company, Inc. (NASDAQ:COCO)

11. Westrock Coffee Company, LLC (NASDAQ:WEST)

10. National Beverage Corp. (NASDAQ:FIZZ)

9. Dutch Bros Inc. (NYSE:BROS)

8. Celsius Holdings, Inc. (NASDAQ:CELH)

7. The Kraft Heinz Company (NASDAQ:KHC)

6. Keurig Dr Pepper Inc. (NASDAQ:KDP)

Share

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Published on October 6, 2025 at by Inan Dogan, PhD

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on October 5, 2025 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up: