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Size of the US Beverage Manufacturing industry

NAICS 3121, Beverage Manufacturing. Every figure on this page was published by a federal statistical agency and carries its source and period. Palanor does not estimate: a period the agency didn’t publish shows as missing, and a figure it withheld shows as withheld.

Key figures

Receipts (sales, shipments or revenue)
$124 billion
2022 · Economic Census
All establishments, current dollars
Employment
298,035
2026-Q1 · Quarterly Census of Employment and Wages
Private-sector jobs in the third month of each quarter
Establishments
16,301
2026-Q1 · Quarterly Census of Employment and Wages
Private ownership
Firms
11,304
2022 · Economic Census
Annual payroll
$16.1 billion
2023 · County Business Patterns

Over time

Employment · Quarterly Census of Employment and WagesLatest 298,035 · 2026-Q1
2019-Q1: 263,1282019-Q2: 283,5782019-Q3: 288,0552019-Q4: 277,2442020-Q1: 274,3752020-Q2: 258,0962020-Q3: 273,9042020-Q4: 258,8052021-Q1: 268,1992021-Q2: 299,7302021-Q3: 307,8902021-Q4: 300,1052022-Q1: 297,7332022-Q2: 322,4332022-Q3: 324,4552022-Q4: 312,0652023-Q1: 312,4452023-Q2: 336,5212023-Q3: 336,1322023-Q4: 319,2582024-Q1: 315,5052024-Q2: 334,7452024-Q3: 332,6652024-Q4: 313,9652025-Q1: 308,8102025-Q2: 327,9502025-Q3: 324,3572025-Q4: 306,4692026-Q1: 298,035NAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q1298,0352022
2025-Q4306,4692022
2025-Q3324,3572022
2025-Q2327,9502022
2025-Q1308,8102022
2024-Q4313,9652022
2024-Q3332,6652022
2024-Q2334,7452022
2024-Q1315,5052022
2023-Q4319,2582022
2023-Q3336,1322022
2023-Q2336,5212022
2023-Q1312,4452022
2022-Q4312,0652022
2022-Q3324,4552022
2022-Q2322,4332022
2022-Q1297,7332022
2021-Q4300,1052017
2021-Q3307,8902017
2021-Q2299,7302017
2021-Q1268,1992017
2020-Q4258,8052017
2020-Q3273,9042017
2020-Q2258,0962017
2020-Q1274,3752017
2019-Q4277,2442017
2019-Q3288,0552017
2019-Q2283,5782017
2019-Q1263,1282017

Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private-sector jobs in the third month of each quarter

Employment · County Business PatternsLatest 279,743 · 2023
2017: 206,7172018: 226,4622019: 243,5342020: 256,6702021: 238,5112022: 268,7372023: 279,743
Show the numbers
PeriodValue
2023279,743
2022268,737
2021238,511
2020256,670
2019243,534
2018226,462
2017206,717

Source: U.S. Census Bureau, County Business Patterns · Paid employees in the pay period including March 12

Establishments · Quarterly Census of Employment and WagesLatest 16,301 · 2026-Q1
2019-Q1: 12,3812019-Q2: 12,6792019-Q3: 12,9102019-Q4: 13,1172020-Q1: 13,3052020-Q2: 13,3542020-Q3: 13,5232020-Q4: 13,7142021-Q1: 13,9312021-Q2: 14,2542021-Q3: 14,5422021-Q4: 14,7202022-Q1: 14,9912022-Q2: 15,2552022-Q3: 15,4292022-Q4: 15,6012023-Q1: 15,7942023-Q2: 15,9152023-Q3: 16,1672023-Q4: 16,3352024-Q1: 16,2772024-Q2: 16,4482024-Q3: 16,5252024-Q4: 16,5302025-Q1: 16,3092025-Q2: 16,3102025-Q3: 16,3302025-Q4: 16,3132026-Q1: 16,301NAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q116,3012022
2025-Q416,3132022
2025-Q316,3302022
2025-Q216,3102022
2025-Q116,3092022
2024-Q416,5302022
2024-Q316,5252022
2024-Q216,4482022
2024-Q116,2772022
2023-Q416,3352022
2023-Q316,1672022
2023-Q215,9152022
2023-Q115,7942022
2022-Q415,6012022
2022-Q315,4292022
2022-Q215,2552022
2022-Q114,9912022
2021-Q414,7202017
2021-Q314,5422017
2021-Q214,2542017
2021-Q113,9312017
2020-Q413,7142017
2020-Q313,5232017
2020-Q213,3542017
2020-Q113,3052017
2019-Q413,1172017
2019-Q312,9102017
2019-Q212,6792017
2019-Q112,3812017

Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private ownership

Establishments · County Business PatternsLatest 12,452 · 2023
2017: 9,0362018: 9,9642019: 10,7312020: 10,9942021: 11,5682022: 12,2402023: 12,452
Show the numbers
PeriodValue
202312,452
202212,240
202111,568
202010,994
201910,731
20189,964
20179,036

Source: U.S. Census Bureau, County Business Patterns

Total wages in the quarter · Quarterly Census of Employment and WagesLatest $4.9 billion · 2026-Q1
2019-Q1: $3.5 billion2019-Q2: $3.4 billion2019-Q3: $3.6 billion2019-Q4: $3.6 billion2020-Q1: $3.7 billion2020-Q2: $3.3 billion2020-Q3: $3.6 billion2020-Q4: $3.8 billion2021-Q1: $3.7 billion2021-Q2: $3.9 billion2021-Q3: $4.2 billion2021-Q4: $4.4 billion2022-Q1: $4.2 billion2022-Q2: $4.3 billion2022-Q3: $4.7 billion2022-Q4: $4.5 billion2023-Q1: $4.7 billion2023-Q2: $4.6 billion2023-Q3: $4.7 billion2023-Q4: $4.7 billion2024-Q1: $5.0 billion2024-Q2: $4.8 billion2024-Q3: $4.9 billion2024-Q4: $4.8 billion2025-Q1: $5.1 billion2025-Q2: $4.9 billion2025-Q3: $5.0 billion2025-Q4: $4.9 billion2026-Q1: $4.9 billionNAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q1$4.9 billion2022
2025-Q4$4.9 billion2022
2025-Q3$5.0 billion2022
2025-Q2$4.9 billion2022
2025-Q1$5.1 billion2022
2024-Q4$4.8 billion2022
2024-Q3$4.9 billion2022
2024-Q2$4.8 billion2022
2024-Q1$5.0 billion2022
2023-Q4$4.7 billion2022
2023-Q3$4.7 billion2022
2023-Q2$4.6 billion2022
2023-Q1$4.7 billion2022
2022-Q4$4.5 billion2022
2022-Q3$4.7 billion2022
2022-Q2$4.3 billion2022
2022-Q1$4.2 billion2022
2021-Q4$4.4 billion2017
2021-Q3$4.2 billion2017
2021-Q2$3.9 billion2017
2021-Q1$3.7 billion2017
2020-Q4$3.8 billion2017
2020-Q3$3.6 billion2017
2020-Q2$3.3 billion2017
2020-Q1$3.7 billion2017
2019-Q4$3.6 billion2017
2019-Q3$3.6 billion2017
2019-Q2$3.4 billion2017
2019-Q1$3.5 billion2017

Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private ownership

Annual payroll · County Business PatternsLatest $16.1 billion · 2023
2017: $10.4 billion2018: $11.3 billion2019: $12.2 billion2020: $12.4 billion2021: $13.5 billion2022: $14.9 billion2023: $16.1 billion
Show the numbers
PeriodValue
2023$16.1 billion
2022$14.9 billion
2021$13.5 billion
2020$12.4 billion
2019$12.2 billion
2018$11.3 billion
2017$10.4 billion

Source: U.S. Census Bureau, County Business Patterns

The ledger

Every published measure

MeasureSourceLatestPeriodHistory
EmploymentPrivate-sector jobs in the third month of each quarterQuarterly Census of Employment and Wages298,0352026-Q12019-Q1–2026-Q1 · 29 published
EstablishmentsPrivate ownershipQuarterly Census of Employment and Wages16,3012026-Q12019-Q1–2026-Q1 · 29 published
Total wages in the quarterPrivate ownershipQuarterly Census of Employment and Wages$4.9 billion2026-Q12019-Q1–2026-Q1 · 29 published
Annual payrollCounty Business Patterns$16.1 billion20232017–2023 · 7 published
EmploymentPaid employees in the pay period including March 12County Business Patterns279,74320232017–2023 · 7 published
EstablishmentsCounty Business Patterns12,45220232017–2023 · 7 published
Annual payrollEconomic Census$14.4 billion20222017–2022 · 2 published
EmploymentPaid employees in the pay period including March 12Economic Census257,35720222017–2022 · 2 published
EstablishmentsEconomic Census12,27620222017–2022 · 2 published
FirmsEconomic Census11,30420222017–2022 · 2 published
Receipts (sales, shipments or revenue)All establishments, current dollarsEconomic Census$124 billion20222017–2022 · 2 published

Breakdown

Industries within Beverage Manufacturing

NAICSIndustrySizeEmployment
31211Soft Drink and Ice Manufacturing$51.5 billionReceipts · 2022 · Economic Census108,1712026-Q1 · QCEW
31212Breweries$29.4 billionReceipts · 2022 · Economic Census98,1152026-Q1 · QCEW
31213Wineries$24.3 billionReceipts · 2022 · Economic Census66,8802026-Q1 · QCEW
31214Distilleries$18.8 billionReceipts · 2022 · Economic Census24,8692026-Q1 · QCEW

Companies

Public companies in this industry

Companies Palanor tracks whose GICS classification maps to NAICS 3121. The mapping is Palanor’s, one GICS sub-industry to one NAICS code; a company’s own mix of business can span several.

  • BF.B Brown–Forman
  • BF.A Brown–Forman (Class A)
  • CELH Celsius Holdings
  • KO Coca-Cola Co.
  • COKE Coca-Cola Consolidated
  • CCEP Coca-Cola Europacific Partners
  • STZ Constellation Brands
  • KDP Keurig Dr Pepper
  • TAP Molson Coors Beverage Company
  • MNST Monster Beverage
  • PEP PepsiCo Inc.
  • PRMB Primo Brands

Sources

Where every number comes from

Figures are in current dollars and are the agencies’ own, revised when they revise. Each program defines its universe differently (employer firms, private ownership, all establishments), so figures from different sources are not meant to add up. This page is not endorsed by the Census Bureau, BEA or BLS. The same data is in the Palanor API (/v1/industries) and the MCP (palanor_get_industry). All industries.