Essay on Coca Cola Company Analysis

Essay on Coca Cola Company Analysis

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The Coca-Cola Company is the world’s largest beverage company and is the leading marketer and producer of soft drinks. Today, Coca-Cola is consumed globally at the rate of over 600 million times per day. Nevertheless, Coca-Cola doesn’t live on its past achievements, instead it looks to the future as a challenge and continually seeks new markets and ideas of increasing its market share in locations where it presently has a strong company. This company is the world’s largest producer and distributor of concentrates and syrups for soft drinks. Products developed by the Company are sold through fountain wholesaler, bottlers, and distributors globally (Business Case Studies, 2017).
The Coca-Cola brand accounts for nearly 75% of the Company’s unit sales volume of soft drinks. Also, the remaining 25% consists of popular soft drinks such as Fanta, Sprite, Fresca, PowerAde, Mello Yello, Surge, Barq’s Root Beer and many other brands. With emphasis, the cola Company’s soft drink operations are managed in six groups, which are North America, Africa, Latin America, Middle/Far East, Greater Europe, and The Minute Maid Company; the world’s leading marketer of fruit drinks and fruit juices (Business Case Studies, 2017).
Furthermore, in the carbonated soft drink industry, there are two popular giants in the market, which are Coca-Cola and Pepsi Cola. The two companies are selling cola drinks with similar color and taste, so they are perfect substitutes. Not to mention, both companies have been competing strongly against each other for decades. The cola market is dominated by these two business leaders with a total market share of 72%, Pepsi’s market share is 30% and Coke’s is 42%. Importantly, this is known as an oligopoly market, where there are...


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...uct in-house, but recent brands have come from acquisitions.

References:
Buehler, N. (2017). Top 5 Companies Owned by Coca Cola (KO). Retrieved from https://www.investopedia.com/articles/markets/011216/top-5-companies-owned-coca-cola-ko.asp
Business Case Studies. (2017). Working with bottling franchisees around the world. Retrieved form http://businesscasestudies.co.uk/coca-cola-great-britain/working-with-bottling-franchisees-around-the-world/introduction.html
Dimanche. (2012). Coca Cola pricing strategy. Retrieved from http://softdrinkcolawar.blogspot.com/2012/12/coca-cola-pricing-strategy.html
Economics Blog. (2013). THE COLA OLIGOPOLY. Retrieved from http://carmenchewyimin.blogspot.com/2013/06/the-cola-oligopoly.html
Vault. (2017). The Coca-Cola Company. Retrieved from http://www.vault.com/company-profiles/food-beverage/the-coca-cola-company/company-overview

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