In this piece, we will take a look at the five biggest non-alcoholic beverage companies in the U.S. For more companies, head on over to 20 Biggest Non-Alcoholic Beverage Companies in the U.S.
5. Monster Beverage Corporation (NASDAQ:MNST)
Market Capitalization as of January 18, 2023: $52.5 billion
Monster Beverage Corporation (NASDAQ:MNST) is another well known U.S. non alcoholic beverage company. Alongside its popular Monster energy drink, the company also sells iced teas, juice cocktails, and coffee drinks.
Insider Monkey surveyed 920 hedge funds for their third quarter of 2022 investments to discover that 39 had invested in Monster Beverage Corporation (NASDAQ:MNST)’s shares.
Monster Beverage Corporation (NASDAQ:MNST)’s largest hedge fund investor is Neal C. Bradsher’s Broadwood Capital which owns 4.6 million shares that are worth $404 million.
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Follow Monster Beverage Corp (NASDAQ:MNST)
4. Starbucks Corporation (NASDAQ:SBUX)
Market Capitalization as of January 18, 2023: $120 billion
Starbucks Corporation (NASDAQ:SBUX) is one of the world’s largest coffee retailers. The firm operates retail outlets that sell coffee, tea, and other products. It is headquartered in Seattle, Washington.
54 of the 920 hedge funds polled by Insider Monkey during Q3 2022 had bought Starbucks Corporation (NASDAQ:SBUX)’s shares.
Starbucks Corporation (NASDAQ:SBUX)’s largest investor is Paul Cantor, Joseph Weiss, and Will Wurm’s Beech Hill Partners which owns 46,795 shares that are worth $4.6 billion
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Follow Starbucks Corp (NASDAQ:SBUX)
3. PepsiCo, Inc. (NASDAQ:PEP)
Market Capitalization as of January 18, 2023: $236 billion
PepsiCo, Inc. (NASDAQ:PEP) is one of the largest non alcoholic beverage companies not only in the U.S. but all over the world. Apart from its iconic Pepsi carbonated drink, the company also sells Gatorade, Mountain Dew, and 7up.
By the end of last year’s third quarter, 72 of the 920 hedge funds polled by Insider Monkey had bought PepsiCo, Inc. (NASDAQ:PEP)’s shares.
PepsiCo, Inc. (NASDAQ:PEP)’s largest investor is Robert B. Gillam’s McKinley Capital Management which owns 62,665 shares that are worth $11 billion.
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2. The Coca-Cola Company (NYSE:KO)
Market Capitalization as of January 18, 2023: $258 billion
The Coca-Cola Company (NYSE:KO) is perhaps the most well known non alcoholic beverage company in the globe. Its most well known beverage is CocaCola, and the company also sells Fanta, Sprite, Minute Maid, Powerade, and a wide variety of other beverages as well.
59 of the 920 hedge funds part of Insider Monkey’s September quarter of 2022 survey had bought The Coca-Cola Company (NYSE:KO)’s shares.
Paul Cantor, Joseph Weiss, and Will Wurm’s Beech Hill Partners is The Coca-Cola Company (NYSE:KO)’s largest investor through a $3.5 billion stake that comes via 55,368 shares.
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Follow Coca Cola Co (NYSE:KO)
1. Nestlé S.A. (OTCMKTS:NSRGY)
Market Capitalization as of January 18, 2023: $336 billion
Nestlé S.A. (OTCMKTS:NSRGY) is one of the world’s largest consumer defensive and packaged foods companies. The firm has a subsidiary in the U.S., which is headquartered in Arlington, Virginia. Some of Nestlé S.A. (OTCMKTS:NSRGY)’s most popular non alcoholic drinks are Milo, Nesquik, Nescafe coffee, and Abuelita. Additionally, Nestlé S.A. (OTCMKTS:NSRGY) also sells water under the Nestle Pure Life brand.
Disclosure: None. You can also take a peek at 10 Cheap Solar Stocks to Buy and Jim Cramer’s 10 Comeback Stocks.
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