Beverage sales volume in the U.S. and Europe was soft, though Pepsi said top-line trends improved in its North American beverage business.
Beverage sales in the U.S. increased 3%, but operating income fell.
Emerging markets led the sales growth for Pepsi, offsetting what would have been depressed results in domestic beverage sales as consumers cut back on discretionary items.
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Certain segments of the company, such as bio-pharmaceuticals, food and beverage and medical all underwent sales growth for the quarter.
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Beverage Digest, which tracks sales, reported that in 2011, sales of carbonated soft drinks dropped by 1%, a steeper decline than the year before.
In that same year, Cultiba was the only producer and distributor of beverages in Mexico with nationwide operations and was the country's second-largest beverage company based on combined sales volume of soft drinks and water.
According to the Beer Institute, (yes there is such a thing) sales of the hoppy beverage rose more than 2% globally in 2011.
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The cost of food, beverage and packaging, accounted for 33.5% of the sales, up 1.3% from the fourth quarter of 2011.
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The two companies are responsible for 59% of orange juice sales in the U.S., according to Beverage Digest, an industry publication.
Beverage brands have been flagging and, for the first time, sales of its namesake brand Pepsi fell behind Diet Coke in 2010.
In fact, this memo from the California Alcoholic Beverage Commission appears to suggest Groupon, as an Internet provider soliciting sales that include (or can include) alcohol, needs to hold a license in that state.
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So Cott turns to Wal-Mart for 38% of its sales, compared to less than 10% for the two beverage titans.
International sales helped Coca-Cola to beat the expected earnings in the second quarter as the beverage giant reported that worldwide volumes grew 6%.
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The American Beverage Association praised the IOM's emphasis on more physical activity, but criticized its endorsement of restrictions on sales of sugary drinks.
Sales of bottled water in the United States rose by nearly 7% in 2012, according to the Beverage Marketing Corporation.
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