This year’s State of the Industry report on carbonated soft drinks (CSD) notes that, as the market faces increased consumer demand for functional beverages, CSD brands are seeking to find a balance between indulgence and health.

Beverage Industry’s Top 100 Beverage Companies report, based on 2021 fiscal year sales, reflects the ebbs and flows that different factions of alcohol and non-alcohol beverage market experienced this past year.

Purchase, N.Y.-based PepsiCo announced what it is calling its most ambitious feat yet, by reimagining the cola experience with a massive innovation: Nitro Pepsi. Nitro Pepsi is a nitrogen-infused cola that’s actually softer than a soft drink ― it’s creamy, smooth with a cascade of tiny bubbles topped off by a frothy foam head, the company says. 

Coca-Cola, a brand of Atlanta-based The Coca-Cola Co., unveiled its new global innovation platform Coca-Cola Creations, along with its first limited-edition product: Coca-Cola Starlight. Coca-Cola Creations will take the iconic Coca-Cola trademark and lend it to new expressions, driven by collaboration, creativity and cultural connections. Through limited-edition, sequential releases, Coca-Cola Creations will introduce new products and experiences across physical and digital worlds.

Wave Soda, the makers of healthy alternative soda options, expanded on its better-for-you sodas with the launch of its newest flavor: Cola. 

In time for the holiday season, Reed’s Inc. announced the launch of its Flying Cauldron Butterscotch Cream Soda and the return of its Virgil's Bavarian Nutmeg Root Beer, in classic Swing-lid packaging.

humble warrior, a functional beverage brand, launched a new range of soft drinks: Mango Turmeric, Pomegranate Hibiscus and Pineapple Ginger.