cocacola statistics and facts

Coca-Cola Company Statistics and Facts

Coca-Cola Company

Food and Beverage Companies/Brands

  • Company Type

    Public

  • Official Website

    www.coca-colacompany.com

  • Founded Year

    29 January 1892

  • Headquarters

    Atlanta, Georgia, United States

  • Founder

    Mr. John Stith Pemberton

  • Key People

    Mr. James Robert B. Quincey (President and CEO)

  • Number of Employees

    ~62,600 (2018)

  • Revenue

    US$ 31.856 Bn (2018)

  • Geographical Presence

    Global

  • Products

    Concentrates, Syrups, Fountain syrup, Company trademark beverages, and Trademark Coca-Cola beverages.

  • Brands

    Diet Coke, Coca-Cola Zero Sugar, Fanta, and Others.

  • Competitor

    PepsiCo, Inc., Nestlé S.A., Keurig Dr. Pepper Inc., and Others.

The Coca-Cola Company is an American multinational corporation founded in 1892, and is the world’s largest non-alcoholic beverage manufacturer and distributor company. The red and white Coca-Cola logo is familiar with a substantial volume of the world’s population. The Coca-Cola Company offers over 500 brands and 3,500 beverages in over 200 countries and territories. The company produces, markets, and sells non-alcoholic beverages that include beverages and sparkling beverages such as waters, juices, and juice drinks, enhanced waters, energy and sports drinks, and ready-to-drink coffees and teas.

The Coca- Cola Company’s beverage brands include Costa coffee, Fanta, Ayataka green tea, Dasani waters, Del Valle juices and nectars, Georgia coffee, AdeS soy-based beverages. It also includes Honest Tea, Gold Peak teas and coffees, Minute Maid juices, Powerade sports drinks, Innocent Smoothies and Juices, Simply Juices, SmartWater, Sprite, ZICO Coconut Water, and Vitaminwater. Annually, the company launches hundreds of new products to meet the ever-changing tastes of customers across the globe. In addition, Diet Coke has become the world’s top-selling diet cola, and The Coca-Cola Company is modernizing and re-energizing its Diet Coke brand for a new generation of drinkers, with a new look and more flavors.

History:

  • 1886: Coca-Cola drink originated in 1886 and was formulated by John S. Pemberton, who was an Atlanta pharmacist at his Pemberton Chemical Company
  • The name for the drink was chosen by Pemberton’s bookkeeper, Frank Robinson, who also and penned the flowing script that became the Coca-Cola trademark
  • The drink was originally marketed as a tonic for most common ailments, based on the fact that it contained cocaine from the coca leaf and caffeine-rich extracts of the kola nut. The cocaine was removed from Coca-Cola’s formula around 1903
  • 1891: Asa Griggs Candler secured complete ownership of the business for a total cash outlay of US$ 2,300 and the exchange of some proprietary rights
  • 1892: On January 29, 1892, founded The Coca-Cola Company
  • 1893: On January 31, 1893, the trademark “Coca-Cola” was registered in the US Patent Office
  • 1894: The popular drink was sold in bottles for the first time
  • 1899: Independent bottling companies were licensed to bottle Coca-Cola
  • 1929: Metal, top-opening coolers were produced to dispense bottles of ice-cold Coca-Cola in filling stations and stores
  • 1955: Coca-Cola was put into cans for first time, for military personnel in the Pacific and Japan
  • 1977: In 1977, the first plastic 2-liter bottle was introduced
  • 1982: The Coca-Cola Company introduced a refreshing 0-sugar, 0-calorie option named as Diet Coke
  • 1985: The new Coke was the first soft drink to be consumed in space On July 12th of 1985, placed in specially designed cans, that was recognized as “Coca-Cola Space Can”
  • 1992: The company presented its first bottle made partially from recycled plastic
  • 2005: Coca-Cola Zero was introduced, which was a zero-calorie soft drink with the regular Coca-Cola taste
  • 2009: PlantBottle technology introduced by Coca-Cola as the first recycled PET plastic bottle made partially from plants in 2009
  • 2009: Company introduced Coca-Cola Freestyle, which is a touch screen soda fountain capable of dispensing 165 different Coca-Cola drink products, as well as custom flavors
  • 2013: The company introduced Coco-Cola Life, which is a reduced-calorie cola sweetened with Stevia leaf extract and cane sugar
  • 2015: Coca-Cola produced the world’s first pet bottle made entirely from plant materials
  • 2017: In 2017, the Coca-Cola company reformulated Coca-Cola Zero Sugar and launched in 20 markets
  • 2018: The company introduced a bold updated look, sleek new packaging for Diet Coke with new flavors

What’s new in 2019:

  • In January 2019, the Coca-Cola Company acquired Costa Limited from Whitbread PLC
  • In January 2019, the company completed acquisition of Chi Ltd. in Nigeria
  • In the second quarter of 2019, Coca-Cola Hellenic Bottling Company acquired Bambi, Serbian confectionery business brand.
  • The Coca-Cola Company launched Sprite Coconut in June 2019
  • The company plans to introduce Coca-Cola Energy in more countries through 2019 and 2020

Recent News:

  • In May 2018, Coca-Cola Freestyle 9100 was launched, and is the newest member of the Freestyle family and allows fans to select, mix, and pour over 175 beverage choices in a range of categories and calorie options
  • In February 2017, a line of premium mixers were introduced by Spain’s Coca-Cola company with complex, nuanced flavors offered exclusively in glass bottles
  • In September 2016, its subsidiary, UAB Coca-Cola HBC Lietuva, acquired Neptūno Vandenys, UAB (Neptunas), which is Lithuania’s leading bottled water company
  • The Coca-Cola Company’s worldwide net operating revenues in 2017 was US$ 35.41 Billion and US$ 31.86 Billion in 2018, which was a 10.04% decline from 2017

2020 Goals:

  • To improve water efficiency in the manufacturing operation by 20%
  • Enable 5 Million women’s economic empowerment across the globe
  • Recover and recycle the equivalent of 75% recovery rate of the cans and bottles that company introduces into the market
  • Working to reduced CO2 emissions across the world, and sourcing material for PlantBottle packaging

Operating Segments:

Since 31 December 2018, the company’s operating structure included Europe, Latin America, North America, Asia Pacific, Middle East & Africa, and Bottling Investment. These operating segments can be referred to as “groups” or “operating groups”. In January 2019, The Coca-Cola Company completed acquisition of Costa Limited from Whitbread PLC. in a US$ 4.9 Billion transaction, enabling it to establish a new operating segment. This adds to the company a global coffee platform, with potential for future growth and expansion.

5 largest independent bottling partners:

  • Coca-Cola FEMSA, S.A.B. de C.V. (Coca-Cola FEMSA)
  • Coca-Cola European Partners plc (CCEP)
  • Coca-Cola HBC AG (Coca-Cola Hellenic)
  • Arca Continental, S.A.B. de C.V
  • Swire Beverages

Fun Facts:

  • The name Coca-Cola refers to two of its original ingredients: coca leaves and kola nuts
  • Coca-Cola was formerly sold as a nerve tonic medicine that “relieve exhaustion”
  • White coke was invented for a Russian general
  • More than 10,000 Coca-Cola soft drinks are consumed globally per second
  • Coca-Cola introduced the first bottles made from recycled material
  • Initially, Coca- Cola’s famous bottle was shaped like a cocoa bean
  • Coca-Cola was the first soft drink in space
  • Only a handful of people know the Coca-Cola recipe
  • A 12-ounce can of Coke has about 39 grams of total sugar, which is about 9 1/3 teaspoons of sugar
  • Coke invented the six-pack in 1932 to encourage people to drink more Coke
  • Mexicans are the largest consumers of Coke, and consumers in the country drink 745 Coke beverages a year
  • After “OK”, “Coca-Cola” is the second most-known phrase in the world
  • Coca-Cola has a product portfolio exceeding 3,500 beverages and 500 brands
  • It would take a person drinking one drink a day over nine years to try them all
  • Coke’s brand is worth over US$ 83.8 Billion, which is more than KFC, Subway, and Budweiser combined
  • Coke sold 25 bottles its first year, but currently sells 1.8 billion bottles per day
  • On average, over 10,000 soft drinks from Coca-Cola are consumed every second of every day globally
  • In a year, coke makes US$ 1 Billion from each of its 20 brands
  • Coca-Cola was the first-ever Olympic sponsor in 1928
  • Coca-Cola is not sold in Cuba and North Korea
  • The Coca-Cola company believes it invented the concept of the coupon.
  • Coca-Cola spent US$ 4 Billion on advertising, in 2016
  • Coca-Cola is the largest user of cans in the US, and uses over 300,000 tons of aluminum sheet every year

 

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