Dr Pepper Challenges Pepsi for Second Place in America’s Soda Market

Dr Pepper has emerged as a serious contender in the battle for dominance in the American soda market challenging Pepsi’s long-held second-place position behind Coca-Cola

According to recent market share data from Beverage Digest, Dr Pepper tied with Pepsi for the runner-up spot in 2023, each capturing 8.3% of the market by volume, with Dr Pepper technically edging ahead.

Coca-Cola remains the undisputed leader, holding a comfortable 19.2% share, followed by its own brands Sprite and Diet Coke at 8.1% and 7.8%, respectively. Dr Pepper’s rise to prominence can be attributed to its unique blend of 23 flavors and its identity as a spicy alternative to traditional colas, as the “swicy” (sweet and spicy) trend continues to gain traction in the food and beverage industry.

Founded in Waco, Texas, in 1885, Dr Pepper has steadily gained popularity over the years, particularly in the American South. The brand has recently capitalized on trends like the “dirty soda” craze on TikTok, introducing limited-time flavors such as Dr Pepper Creamy Coconut and the successful Dr Pepper Strawberries & Cream.

In contrast, Pepsi’s focus on its zero sugar lines and its extensive food business, which includes brands like Quaker and Frito-Lay, may have contributed to its slip in the soda rankings.


Information for this story was found via CNN, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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