Coca-Cola wants 'to be everywhere'
Updated: 2013-06-07 07:32
By Wang Zhuoqiong (China Daily)
|
|||||||||||
Diversified portfolio
A report from the China Industrial Information Issuing Center said that the beverage industry has experienced soaring growth since 2000, with an annual growth rate of more than 20.7 percent. The increasing awareness among Chinese consumers of a healthy lifestyle has contributed to the rising proportion of healthy drinks, including water and juice, among all beverage categories in 2012.
While some beverage giants have fought for healthy-drink markets, Coca-Cola's global strategy has focused on having an all-around beverage strategy that includes both sparkling and nonsparkling drinks, with innovation in new products.
In China, the company has a portfolio of 20 varieties of beverages, with more than 50 flavors in sparkling drinks, juices, tea, drinking water and others. Coca-Cola has a leading position in the sparkling-drink business, with Fanta as its fastest growing brand, and in still beverages, such as Minute Maid orange juice.
In 2012, the total transactions of Coca-Cola products recorded a 7 percent growth in China, with the sparkling-drink business up 6 percent, an indicator of an increase in repeat purchases.
This year, Brooks said, Coca-Cola will continue to focus on providing value through differentiated packaging and innovation, and on driving transaction growth ahead of unit-case growth to build closer contact with its consumers.
Related Stories
Coca-Cola to invest further in China 2013-05-10 10:37
Coca-Cola promises 'greener' drinks bottles 2013-04-17 10:52
Sprite, Coca Cola popular among college students 2012-08-23 13:53
Coca-Cola drinks recall stirs public discontent 2012-05-04 16:15
Coca-Cola cleared of contamination in China 2012-04-19 09:24
Today's Top News
EU wine producers surprised by investigation
China to protect investors' interests: President Xi
DPRK proposes meeting with ROK on Sunday
Xi arrives in California for summit with Obama
China's economy might be No 1 in 2030
355,000 parents have lost only children
Russian President Putin, wife announce divorce
Xi: Strengthen trade links with Mexico
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
President Xi visits 4 countries |
Showtime for Chongqing |
Hunting for clues to fire |
No giving up in finding survivors |
Help at home is maid to order |
From mystery to history |