ATLANTA, Georgia, United States--The Coca-Cola Company, (NYSE: KO), in Atlanta, Georgia, United States, the American corporation founded in 1892 and today engaged primarily in the manufacture and sale of syrup and concentrate for Coca-Cola, has more than 2,800 products available in more than 200 countries, sets the world record for being the World's largest beverage manufacturer and distributor, according to the WORLD RECORD ACADEMY.
"The Coca-Cola Company is an American multinational corporation founded in 1892, best known as the producer of Coca-Cola. The drink industry company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. The company's stock is listed on the NYSE and is part of the DJIA and the S&P 500 and S&P 100 indexes.
"In 1889, the formula and brand were sold for $2,300 (roughly $71,000 in 2022) to Asa Griggs Candler, who incorporated the Coca-Cola Company in Atlanta in 1892. The company has operated a franchised distribution system since 1889. The company largely produces syrup concentrate, which is then sold to various bottlers throughout the world who hold exclusive territories. The company owns its anchor bottler in North America, Coca-Cola Refreshments.
"Coca-Cola advertising has "been among the most prolific in marketing history," with a notable and major impact on popular culture and society as a whole. The company in recent years has spent approximately an annual $4 billion globally to promote its drinks to the public; and spent approximately $4.24 billion on advertising in fiscal year 2019, the lion's share of which was spent to advertise Coca-Cola." (Wikipedia)
"The Coca-Cola Company, American corporation founded in 1892 and today engaged primarily in the manufacture and sale of syrup and concentrate for Coca-Cola, a sweetened carbonated beverage that is a cultural institution in the United States and a global symbol of American tastes," the Britannica says.
"The company also produces and sells other soft drinks and citrus beverages. With more than 2,800 products available in more than 200 countries, Coca-Cola is the largest beverage manufacturer and distributor in the world, one of the largest corporations in the United States, and one of the most successful brands in marketing history. Headquarters are in Atlanta, Georgia.
"In 2005 the company introduced Coca-Cola Zero, a zero-calorie soft drink with the taste of regular Coca-Cola. In 2007 the company acquired Energy Brands, Inc., along with its variously enhanced waters. That same year Coca-Cola announced that it would join the Business Leaders Initiative on Human Rights (BLIHR), a group of companies working together to develop and implement corporate responses to human rights issues that affect the business world."
"The Coca-Cola Company (NYSE: KO) is a total beverage company with products sold in more than 200 countries and territories.
Our company’s purpose is to refresh the world and make a difference. We sell multiple billion-dollar brands across several beverage categories worldwide," the official website says.
"Our portfolio of sparkling soft drink brands includes Coca-Cola, Sprite and Fanta. Our water, sports, coffee and tea brands include Dasani, smartwater, vitaminwater, Topo Chico, BODYARMOR, Powerade, Costa, Georgia, Gold Peak and Ayataka. Our juice, value-added dairy and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and AdeS.
"We’re constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We seek to positively impact people’s lives, communities and the planet through water replenishment, packaging recycling, sustainable sourcing practices and carbon emissions reductions across our value chain. Together with our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide."
"The Coca-Cola Company is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. Led by Coca-Cola, the world's most valuable brand, the Company's portfolio features 15 billion dollar brands including Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitaminwater, Powerade, Minute Maid, Simply, Georgia and Del Valle," the American Advertising Federation says.
"Globally, the Company is the No. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. Through the world's largest beverage distribution system, consumers in more than 200 countries enjoy The Coca-Cola Company’s beverages at a rate of 1.7 billion servings a day – about 19,400 beverages every second.
"Today Coca-Cola – together with its global bottling partners – ranks among the world's top 10 private employers with more than 700,000 system employees. It also continues to rank as the world’s No. 1 brand page on Facebook with more than 36 million fans."
"The Coca-Cola Company (NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands and more than 3,800 beverage choices. Led by Coca-Cola, one of the world's most valuable and recognizable brands, our company’s portfolio features 20 billion-dollar brands, 18 of which are available in reduced-, low- or no-calorie options," the Land Portal says.
"Our billion-dollar brands include Diet Coke, Coca-Cola Zero, Fanta, Sprite, Dasani, vitaminwater, Powerade, Minute Maid, Simply, Del Valle, Georgia and Gold Peak. Through the world's largest beverage distribution system, we are the No. 1 provider of both sparkling and still beverages. More than 1.9 billion servings of our beverages are enjoyed by consumers in more than 200 countries each day.
"With an enduring commitment to building sustainable communities, our company is focused on initiatives that reduce our environmental footprint, create a safe, inclusive work environment for our associates, and enhance the economic development of the communities where we operate. Together with our bottling partners, we rank among the world's top 10 private employers with more than 700,000 system associates."
"Coca-Cola is the world’s largest non-alcoholic beverage company and operates in over 200 countries. The bulk of its revenue comes from Coca-Cola and other carbonated soft drinks, but Coke also owns 200 other brands in various product segments," the Simply Wall St says.
"Coke’s core business model is to sell concentrated syrup to bottling companies that add water and carbonation, bottle, and distribute the finished product. There are approximately 225 of these bottling companies operating 900 plants around the world, and Coke owns a stake in many of them. As of 2021, the five largest bottling partners accounted for 41% of the total unit case volume.
"Concentrate sales account for approximately 55% of total revenue and 82% of case volumes. The remaining 45% of revenue and 18% of case volumes come from finished products which include other beverages. The company is becoming increasingly diversified and is expanding its product lines to include health drinks, energy drinks, coffee, tea, and water."
"The Coca-Cola Company’s rapid expansion around the world can be attributed to its unique franchise distribution system (known as the Coca-Cola System) that they have operated since 1889. Coca-Cola produces syrup concentrate which is then sold to various bottlers around the world. This helps the company maintain control over its top-secret recipe without the burden of having to run many of the independent bottling facilities," the Cascade Strategy says.
"The Coca-Cola System is a network of over 900 bottling plants that produce 2 billion servings of Coca-Cola every day. The bottlers each hold contracts that allow them to exclusively operate in a predetermined territory. This reduces the need for the competition from multiple companies that sell the same product.
"These distributors handle all aspects of the production and distribution process including mixing the syrup with carbonated water and sweeteners, placing the finished product in cans or bottles, and distributing Coca-Cola to supermarkets, vending machines, restaurants, and movie theaters. Although Coca-Cola produces the main syrup, the franchise companies also control the soda fountain business in their territory."
"The Coca-Cola Company's (KO) distribution model is an integral part of its success. Its unique business model has served the company well since bottling first began in 1894. John Stith Pemberton, a pharmacist living in Atlanta, created the flagship soda, Coca-Cola, in 1886," the
Investopedia says.
"The company has operated under a franchise distribution model since 1889 and was incorporated in 1892. Coca-Cola has risen to global prominence and is the largest nonalcoholic beverage company in the world.
"The Coca-Cola Company is considered the largest non-alcoholic beverage company in the world, reaching consumers in more than 200 countries. It has roughly 200 master brands that are grouped into categories such as sparkling soft drinks, sports drinks, juices, energy drinks, and tea and coffee. Some of the most popular brands include Coca-Cola, Sprite, Fanta, Powerade, and Dasani."
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