Companies that belong to the American Beverage Association make and sell some of the world’s most popular and innovative non-alcoholic beverages. You might say that our members quench America’s thirst.
The American beverage industry is an important part of the nation’s economy. Our industry supports its local communities through jobs, tax revenue and civic contributions. According to American Economics Group, Inc., the beverage industry is responsible for creating 3.02 million jobs that generate $278 billion in economic activity. Direct compensation to 211,000 beverage industry workers tops $9 billion. At the state and federal level, soft drink industry firms pay more than $30 billion of business income taxes, personal income taxes and other taxes with over $14 billion in taxes paid to state governments alone. In 2003, beverage companies donated roughly $326 million to charities.
In 2007, Americans spent roughly $105 billion on refreshment beverages. According to Beverage Digest, in that same year, the U.S. non-alcoholic refreshment market totaled almost 15.6 billion cases (192-oz). Carbonated soft drinks made up 63.7 percent of the total with non-carbonated products comprising 17.0 percent and single-serve bottled water accounting for 19.3 percent.
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