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Fact check: What is Coca Cola's market share in the US beverage industry?

Checked on June 11, 2025

1. Summary of the results

According to available data, Coca-Cola holds a dominant position in the US beverage market, with one source reporting a 69% market share as of 2023, followed by Pepsi brands at 27% [1]. However, it's worth noting that another industry source indicates that while market share data exists, the specific percentages are not freely accessible and require premium access [2].

2. Missing context/alternative viewpoints

Several important contextual elements are missing from the original question:

  • The data spans a significant time period (2013-2024) [2], suggesting there might be important historical trends that aren't captured in a single percentage
  • The market share calculation methodology isn't specified in either source
  • The definition of "beverage industry" isn't clearly stated - whether it includes all beverages or just carbonated soft drinks
  • The combined market share of Coca-Cola and Pepsi (96%) suggests this might be specific to the carbonated soft drinks segment rather than the entire beverage market [1]

3. Potential misinformation/bias in the original statement

The original question is overly simplistic and could lead to misunderstandings:

  • Market share data is often behind paywalls and premium subscriptions [2], suggesting that freely available figures might not be the most current or accurate
  • Different stakeholders might benefit from different interpretations of market share:

Coca-Cola benefits from reporting high market share figures to attract investors

Competitors might prefer alternative metrics or market definitions that show a more competitive landscape

  • Market research companies benefit from keeping detailed data behind paywalls [2]
Want to dive deeper?
What is PepsiCo's market share compared to Coca Cola in the US beverage market?
How has Coca Cola's US market share changed over the past decade?
Which beverage categories does Coca Cola dominate in the United States?
What are the top 5 beverage companies by market share in the US?
How do energy drinks and bottled water affect Coca Cola's overall beverage market position?