The soda industry is worth $1.3 trillion, according to the Beverage Marketing Council, but the money is also made through sweeteners.
As of February, beverage companies are using about 2.5 billion pounds of sugar, which means that soda companies are making about $3 billion per year from sugar.
Soda companies are not the only ones making money from sugar, though.
The National Association of Confectioners and Foodservice Industries reported that the sugar industry made a profit of $4.1 billion last year, which comes out to about $5 per ounce of soda.
In 2014, the National Coffee Association reported that Coca-Cola, PepsiCo and PepsiCo-Cola Beverages combined made more than $10 billion in profits from their respective businesses.
And while sweeteners may seem like a good thing, the sugar that goes into soda may be even worse.
According to a study by the University of Colorado Boulder, sweeteners in processed foods can have up to three times the sugar content of fruit juice.
And according to an article by The Wall Street Journal, one of the world’s leading beverage companies, Coca-cola, recently cut back on the use of artificial sweeteners and replaced them with natural sweeteners such as honey, maple syrup, agave nectar and rice syrup.
While these products are healthier and less expensive, consumers have a right to know the truth about sugar.