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FOOD & BEVERAGE

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Economics

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Largest Beverage Companies by Revenue

This list features the biggest beverage companies by annual revenue as of 2024.

RANK

COMPANY

REVENUE

COUNTRY

1

PepsiCo

$93.92 billion

USA

2

Anheuser-Busch InBev

$59.32 billion

Belgium

3

Coca-Cola

$47.94 billion

USA

4

Fomento Económico Mexicano (FEMSA)

$42.68 billion

Mexico

5

Starbucks

$37.70 billion

USA

6

Heineken

$33.77 billion

Netherlands

7

Diageo

$32.38 billion

UK

8

Kweichow Moutai

$25.26 billion

China

9

Asahi Group

$19.25 billion

Japan

10

Keurig Dr Pepper

$16.60 billion

USA


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References

Companies Market Cap. (n.d.). Largest beverage companies by revenue. Companies Market Cap. https://companiesmarketcap.com/gbp/beverages/largest-beverage-companies-by-revenue/ [Accessed 1 December 2025].
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