The Coca-Cola Company’s net operating revenue and operating income have both fluctuated over the past decade. Revenue refers to a business’ total income through the sale of goods and services, whilst income refers to the revenue minus all business expenses. Net operating revenue figure hit a peak in 2012 of around ***** and operating income figure was highest in 2024 with just under *** billion U.S. dollars. When was the Coca-Cola Company founded? The Coca-Cola Company is a producer, retailer and marketer of non-alcoholic beverages and is well-known for its soft drink, Coca-Cola. The history of Coca-Cola began in **** when Atlanta pharmacist Dr. John S. Pemberton created a flavored syrup with a distinctive taste. The company went on to be founded in **** and comprises the corporate division, which is headquartered in Atlanta, GA. Over one third of the Coca-Cola Company’s revenue was produced in North America. Coca-Cola's sales volume growth, however, is most prominent in the Asia Pacific region. Employment at the Coca-Cola Company As with both revenue and income, the number of Coca-Cola employees has risen and fallen in recent years. In 2022, about ****** people were employed by the company, whilst employment peaked in 2012 at over *******. In comparison, the number of PepsiCo employees, one of Coca-Cola’s biggest competitors in the soft drinks market which produces food and snack products along with soft drinks, reached around ******* in 2022.

Coca-Cola reported $12.5B in Sales Revenues for its fiscal quarter ending in June of 2025. Data for Coca-Cola | KO - Sales Revenues including historical, tables and charts were last updated by Trading Economics this last September in 2025.

This timeline depicts the Coca-Cola Company's revenues worldwide from 2007 to 2024. In 2024, the Coca-Cola Company's net operating revenues worldwide amounted to around ** billion U.S. dollars. The Coca-Cola Company is a producer, retailer and marketer of non-alcoholic beverages and is well-known for its soft drink Coca-Cola. The company was founded in 1892 and is currently headquartered in Atlanta, Georgia in the United States. The Coca-Cola CompanyCoca-Cola Company’s net operating revenues increased from ***** billion U.S. dollars in 2007 to a high of ***** billion U.S. dollars in 2012. The company’s flagship product, Coca-Cola, was invented by John Stith Pemberton in Georgia during his attempts to find a substitute for his morphine addiction. Originally the recipe was a coca wine and Pemberton registered the drink as a nerve tonic in ****. In ****, the recipe was bought and the Coca-Cola Company was incorporated. Today, the company owns over *** brands for a wide range of products, including Sprite and Columbia Pictures. The Coca-Cola label is one of the worlds most recognizable and is one of the most understood terms as well. It is one of the most valuable brands globally, garnering a brand value totaling ** billion U.S. dollars as of 2023. One of its brands, Vitamin Water, led to some controversy and finally led to a lawsuit in 2009. The Center of Science in the Public Interest filed a case against the company claiming that the company had deceptively marketed their product as a healthy drink containing nutrients and did not inform consumers about the amount of sugar it contained. A settlement agreement was eventually paid by Coca-Cola and also forced the company to put the number of calories on the label and bold text stating, “see nutrition facts for more detail”.

In 2024, nearly 40 percent of The Coca-Cola Company’s revenue was specifically generated in North America. The American multinational corporation owns various brands, such as Sprite, Minute Maid, and Aquarius. Coca-Cola worldwide In 2023, Coca-Cola generated net operating revenues of about 46 billion U.S. dollars. While the company’s global net operating earnings spiked between 2010 and 2011, numbers have been decreasing steadily since 2012. Between 2012 and 2018, the net operating revenue decreased by roughly a third. Biggest brands worldwide With a brand value of around 98 billion U.S. dollars, Coca-Cola was by far the most valuable soft drink in the world in 2023, beating out competitors, such as Red Bull and Pepsi. Globally, Coca-Cola was the seventh most valuable brand, after brands such as Google and Amazon. Apple stood in first place with a value of over 500 billion U.S. dollars.

The revenue of Coca Cola with headquarters in the United States amounted to ***** billion U.S. dollars in 2024. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2020 this is a total increase by approximately ***** billion U.S. dollars. The trend from 2020 to 2024 shows, furthermore, that this increase happened continuously.

Hard Soda Sales Market Outlook

The global hard soda market size is projected to witness substantial growth, reaching approximately USD 3.7 billion by 2032, from an estimated USD 1.5 billion in 2023, at a compound annual growth rate (CAGR) of 10.3% from 2024 to 2032. The driving force behind this remarkable growth is the increasing consumer preference for innovative alcoholic beverages that offer a refreshing taste with a twist. Hard sodas, which combine traditional soda flavors with a mild alcoholic content, are gaining traction among a broad demographic, appealing particularly to younger consumers and those seeking alternatives to traditional beer or wine.

The growth of the hard soda market is significantly influenced by the evolving consumer preferences and lifestyle changes. There is an increasing demand for ready-to-drink beverages that combine convenience with novel flavors, driven by busy lifestyles and a growing interest in unique drinking experiences. Hard sodas, with their diverse flavor profiles and appealing packaging, fit perfectly into this market demand, attracting consumers who are looking for something new and exciting. Additionally, the trend toward lower alcohol content beverages is catering to health-conscious consumers who prefer a lighter drinking experience, further boosting the market growth.

Innovation in product development is another critical factor driving the hard soda market's expansion. Beverage companies are investing heavily in research and development to introduce new flavors and formulations that cater to the ever-changing consumer tastes. This includes experimenting with exotic flavors, natural ingredients, and even organic versions, making hard sodas more appealing to a wider audience. The use of social media and digital marketing strategies has also played a crucial role in reaching younger consumers who are more likely to try new products based on online reviews and trends.

The economic recovery post-COVID-19 pandemic has also contributed to the growth of the hard soda market. As consumers return to social gatherings, bars, and restaurants, the demand for innovative alcoholic beverages like hard sodas has surged. Moreover, the reopening of entertainment venues and the lifting of restrictions on social activities have provided a boost to the on-premises sales of hard sodas, contributing to the market's growth. This resurgence in social activities is expected to sustain the market's upward trajectory in the coming years.

Cherry Soda has emerged as a popular flavor in the hard soda market, capturing the attention of consumers with its nostalgic yet refreshing taste. This flavor taps into the classic appeal of cherry-flavored beverages, offering a sweet and tangy profile that resonates with both traditional soda enthusiasts and new-age consumers seeking a twist in their alcoholic drinks. The introduction of Cherry Soda in the hard soda category has been met with enthusiasm, as it combines the familiar taste of cherry with a subtle alcoholic kick, making it a versatile choice for various social occasions. This flavor's success is further amplified by strategic marketing campaigns that highlight its unique taste and vibrant packaging, appealing to a wide demographic and contributing to the overall growth of the hard soda market.

Regionally, North America has dominated the hard soda market, with the United States being a major contributor due to its established beverage industry and a large base of experimental consumers. However, Europe is also witnessing a growing demand for hard sodas as consumers in the region are increasingly embracing new drink categories. Asia Pacific is expected to be the fastest-growing region during the forecast period, driven by rising disposable incomes, urbanization, and a growing young population open to trying Western trends. This regional growth is supported by increasing promotional activities and the establishment of local production facilities by key market players.

Product Type Analysis

The hard soda market is segmented by product type into flavored and unflavored hard sodas, with flavored varieties dominating the market. Flavored hard sodas are particularly popular as they offer versatility and cater to a wide range of consumer preferences. These sodas come in a myriad of flavors, including traditional cola, ginger ale, and root beer, as well as more exotic options like cherry, lime, and tropical fruits. The continuous introduction of new flavors keeps the product l

Coca-Cola reported $7.82B in Gross Profit on Sales for its fiscal quarter ending in June of 2025. Data for Coca-Cola | KO - Gross Profit On Sales including historical, tables and charts were last updated by Trading Economics this last September in 2025.

In April 2025, the sales volume of cola drinks including refundable, non-refundable bottles and cans produced in Mexico amounted to *** billion liters. Non-returnable bottled drinks accounted for ***** million liters, while returnable bottled drinks accounted for ***** million.

The Carbonated Beverage Market is projected to grow at a CAGR of 2.2% by 2028, according to this report. The market is estimated at $234.4 billion in 2018 and will reach $XXX.X billion by 2028 with an anticipated growth rate of 2.2%. The TMR report states that the market’s main drivers are changing consumer preferences, rising health awareness among consumers, and increasing investments in research & development activities for innovative products across all regions contributing to revenue generation for manufacturers of carbonated beverages worldwide.

A carbonated beverage is a drink that has carbon dioxide dissolved in it. This type of beverage includes soft drinks, sparkling water, and naturally flavored beverages like Ginger Ale or tonic water. It may also contain other ingredients such as sweeteners (sugar or artificial sweetener), stabilizers (in the case of fountain drinks), and flavorings.

On the basis of types, the market is segmented into Cola, Lemon, Orange, Other.

Cola

Cola is a sweetened, carbonated soft drink. The key ingredient in cola drinks is caffeine and sugar or artificial sweetener such as High-Fructose Corn Syrup (HFCS). Most colas typically contain between 30 milligrams and 50 milligrams of caffeine per 12 fluid ounces (355 ml), but the amount varies by brand and by country. There are even cola flavors that do not contain caffeine, such as Coca-Cola BlÄ k.

Lemon

Lemon is a sour, yellow, or greenish fruit. The juice of the lemon and the peel (rind) are used for culinary and non-culinary purposes throughout the world. And the juice of the lemon is an essential ingredient in many cocktails, such as tequila sunrise. Its use as an important ingredient in various drinks like tea and soft drink industry which includes carbonated beverages.

Orange

Orange is a type of fruit and the color or shade thereof. The orange's flavor varies from sweet, bitter, and sour to extremely sour. And there are a variety of types, such as the Valencia orange and blood oranges. And it is used for many food products including juice, marmalades, and preserves. And it is widely used to flavor carbonated beverages such as Orange Soda.

On the basis of application, the market is segmented into Retail, Wholesale.

Retail

Carbonated beverages are used in retail as they offer a large range of flavors. They also provide great taste and flavor that helps to attract more customers. And the use is increasing due to convenience for consumers along with their low-cost price which makes them an affordable and attractive option than other carbonated drinks such as bottled water, juices, and flavored milk.

Wholesale

Carbonated beverages are used wholesale due to their low cost, large range of flavors, and great taste. Carbonated drinks are an affordable option for retailers as compared to other carbonates such as bottled water, juice, or flavored milk which is more expensive than these products. This provides a huge advantage over competitors with lower costs along with the convenience it offers for consumers.

On the basis of regions, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

North America is expected to be the largest market for Carbonated Beverages during 2019-2028. The North American region dominates the global carbonated beverages industry due to high disposable income, increasing health awareness among consumers, and changing consumer preference towards innovative products in this region which are likely to drive its growth over the next few years.

Growth factors of Carbonated Beverage Market

Growth factors of the Carbonated Beverage Market are as follows:

- Increasing demand for carbonated beverages in emerging economies.

- The rise of health awareness among consumers and high disposable income are also driving the growth of the Carbonated Beverage Market across this region.

- Changing consumer preference towards innovative products is also driving the market in this region.

- Stringent government regulations to keep a check on unhealthy food habits among consumers, etc.

Report Scope

Coca-Cola Company's annual revenue was $47.06 B in fiscal year 2024. The annual revenue increased $1.31 B from $45.75 B (in 2023) to $47.06 B (in 2024), representing a 2.86% year-over-year growth.

The global grape soda market, while a niche segment within the broader carbonated soft drinks (CSD) category, exhibits steady growth driven by several key factors. Nostalgia for classic flavors and a renewed interest in simpler, familiar beverages are contributing to its resurgence, particularly among younger consumers seeking alternatives to more complex or artificially sweetened options. The market is segmented by distribution channels (supermarkets/hypermarkets, convenience stores, independent retailers, online sales, and others) and product type (green grape soda, purple grape soda, and others). Supermarkets and hypermarkets currently hold the largest market share due to their widespread reach and established distribution networks. However, the growth of online sales channels presents a significant opportunity for expansion, particularly for smaller, specialized brands. Furthermore, the increasing popularity of healthier beverage options, including low-sugar or naturally sweetened variations, is influencing product innovation within the grape soda market. Companies are responding by reformulating existing products and introducing new options to cater to evolving consumer preferences. While some regional markets may exhibit stronger growth than others based on cultural preferences and consumption habits, the overall market trajectory suggests a positive outlook for the foreseeable future. The competitive landscape is diverse, encompassing both large multinational corporations and smaller regional players, leading to a dynamic market characterized by both established brands and emerging innovative entrants. Geographic distribution reveals variations in market penetration. North America, with its established CSD market and strong consumer base, likely holds the largest regional market share. However, Asia-Pacific, with its rapidly growing middle class and increasing demand for Western-style beverages, is projected to experience substantial growth in the coming years. Europe, while a mature market, shows consistent demand for grape soda, albeit at a slower growth rate than emerging markets. Factors such as fluctuating economic conditions, changing consumer preferences, and the competitive pressure from other beverage categories pose challenges to the market's consistent growth. Nonetheless, the inherent appeal of grape soda, combined with ongoing product innovation and expanding distribution channels, suggests a continued positive trajectory for the market, albeit with variations in growth rates across different regions and segments. Analyzing the market share of individual companies is difficult without specific sales data, but the presence of established players like Welch's, Crush, and Fanta suggests a relatively consolidated market with opportunities for both established brands and potential market entrants.

China Product Sales Vol: Year to Date: Coke data was reported at 322,764.000 Ton th in Dec 2012. This records an increase from the previous number of 237,809.000 Ton th for Sep 2012. China Product Sales Vol: Year to Date: Coke data is updated quarterly, averaging 60,139.600 Ton th from Mar 1995 (Median) to Dec 2012, with 72 observations. The data reached an all-time high of 322,764.000 Ton th in Dec 2012 and a record low of 7,702.400 Ton th in Mar 1995. China Product Sales Vol: Year to Date: Coke data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under Global Database’s China – Table CN.BB: Industrial Sales: Product Sales Volume.

In fiscal year 2024, Coca-Cola India's revenue was over ** billion Indian rupees, compared to about ** billion Indian rupees in the previous year. This was an increase in revenue compared to the previous year.

Days-of-Sales-Outstanding Time Series for Coca-Cola Icecek AS. Coca-Cola Içecek Anonim Sirketi, together with its subsidiaries, engages in the production, sales, and distribution sparkling and still beverages in Turkey, Pakistan, Central Asia, and the Middle East. The company offers soft drinks, fruit juice and ice drinks, water and mineral water, sports and energy drinks, and coffee under the Coca-Cola, Coca-Cola Zero Sugar, Coca-Cola Light, Coke Diet, Fanta, Sprite, Sprite Zero Sugar, Schweppes, Crystal Cola, Fuse tea, Fuze tea, Piko, Cappy, Tempo, Damla, Damla Minera, Dasani, Dasani Minera, bon aqua, alwaha, arwa, Kinley, Kinley soda, POWER ADE, Monster Energy, BURN, PREDATOR ENERGY, ROARX, and Costa Coffee brands. The company was founded in 1964 and is based in Istanbul, Turkey.

Alcoholic Soda Sales Market Outlook

The global alcoholic soda sales market size was valued at USD 1.5 billion in 2023 and is projected to reach USD 3.2 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.5% during the forecast period. This impressive growth can be primarily attributed to evolving consumer preferences towards innovative and flavorful alcoholic beverages, coupled with rising disposable incomes and increasing social drinking habits among millennials and Generation Z.

One of the major growth factors driving the alcoholic soda market is the shift in consumer preferences towards low-alcohol content beverages, which are perceived to be healthier compared to traditional alcoholic drinks. The contemporary consumer is more health-conscious, and alcoholic sodas, which often contain fewer calories and lower alcohol content, provide an appealing alternative. Additionally, the versatility of flavors offered in alcoholic sodas, ranging from tropical fruits to sophisticated botanical blends, caters to diverse taste preferences, thus broadening the consumer base.

The increasing penetration of the internet and the rise of e-commerce have also significantly fueled the market's growth. Online retail platforms provide consumers with easy access to a wide variety of alcoholic sodas, often at competitive prices and with the convenience of home delivery. This trend is particularly pronounced in urban areas, where busy lifestyles make online shopping a preferable option. Moreover, digital marketing strategies, such as influencer partnerships and targeted social media advertising, have successfully increased brand visibility and consumer engagement.

Moreover, the growth of social media culture and the influence of social trends cannot be underestimated. The aesthetic appeal and novelty of alcoholic sodas make them popular choices for social media posts and gatherings. The promotion of these beverages at social events, music festivals, and themed parties has also boosted their popularity. Furthermore, the product innovation efforts by manufacturers to introduce seasonal and limited-edition flavors have kept the market dynamic and sustaining consumer interest.

From a regional perspective, North America and Europe dominate the alcoholic soda market, owing to high consumer awareness and established distribution networks. However, the Asia Pacific region is expected to witness the fastest growth during the forecast period, driven by increasing urbanization, rising disposable incomes, and the westernization of drinking habits. Countries like China, India, and Japan are particularly promising markets due to their large youth populations and growing acceptance of Western lifestyle trends, including the consumption of flavored alcoholic beverages.

Product Type Analysis

The alcoholic soda market is segmented by product type into flavored alcoholic soda and unflavored alcoholic soda. Flavored alcoholic sodas dominate the market, primarily because consumers are increasingly attracted to innovative and exotic flavors. The broad spectrum of flavors, ranging from fruity and citrus to herbal and spicy, caters to a wide array of taste preferences, driving higher consumption. Manufacturers are continuously experimenting with new flavor combinations and limited-edition releases to maintain interest and drive sales, contributing significantly to market growth.

Unflavored alcoholic sodas hold a smaller but steady segment of the market. These products appeal to consumers who prefer a milder taste or wish to mix the soda with other beverages to create cocktails. Unflavored options also benefit from being perceived as more versatile, allowing consumers to customize their drinks. Despite their smaller market share, the demand for unflavored alcoholic sodas remains consistent, supported by a niche but loyal customer base who prefer simplicity over the novelty of flavors.

The market for flavored alcoholic sodas is further boosted by the increasing trend of premiumization. Consumers are willing to pay higher prices for premium, high-quality products that offer unique taste experiences. This trend is particularly noticeable among millennials and Gen Z, who prioritize quality and experience over quantity. The introduction of organic and natural flavor alternatives also aligns with the growing consumer preference for health-conscious and sustainable products, fur

In fiscal year 2024, Coca-Cola Company's revenue by geographical region are as follows: Bottling investments: $6.22 B, Europe: $8.12 B, Latin America: $6.46 B, North America: $18.65 B, Pacific: $5.55 B.

Carbonated Drinks Sales Market Outlook

The global carbonated drinks sales market is poised for significant growth over the forecast period from 2024 to 2032. In 2023, the market size was valued at approximately USD 265 billion and is projected to reach USD 400 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.6%. This growth is primarily driven by evolving consumer preferences and the continuous innovation by beverage companies striving to capture a larger market share. The increasing demand for convenient, ready-to-drink beverages is a key factor contributing to the expansion of the carbonated drinks market.

One of the key growth factors in the carbonated drinks market is the persistent demand for flavored beverages. Consumers' palates are constantly evolving, with a growing trend toward unique and exotic flavors, including fruit-infused and botanical varieties. This shift in consumer preference has prompted beverage companies to innovate and introduce new flavors regularly, thereby expanding their product portfolios. Additionally, the rising disposable incomes in developing economies have enabled consumers to spend more on premium and specialty carbonated drinks, further fueling market growth.

Another significant factor propelling the growth of the carbonated drinks market is the rise of health-conscious consumers. Although traditionally, carbonated drinks have been associated with high sugar content, there is an increasing trend toward low-calorie, sugar-free, and natural ingredient-based beverages. This shift is a response to growing consumer awareness regarding health and wellness. Beverage companies are investing heavily in research and development to create healthier options that retain the effervescence and flavor consumers desire. The introduction of carbonated drinks fortified with vitamins and minerals is also gaining traction, aligning with the wellness trend.

Technological advancements in packaging and distribution have also played a crucial role in the market's growth. Innovations such as biodegradable packaging and advanced bottling techniques have not only enhanced the shelf life of carbonated drinks but also addressed environmental concerns. This has made these beverages more appealing to environmentally-conscious consumers. Moreover, the proliferation of online retail platforms has made it easier for consumers to access a wide array of carbonated drinks, contributing to the market's growth by expanding the reach of beverage brands across different geographies.

The rise of Hard Soda Sales is another interesting development within the carbonated drinks market. Hard sodas, which blend the traditional appeal of soda with alcoholic content, have carved a niche for themselves among adult consumers seeking a unique beverage experience. This segment is gaining traction as it offers a refreshing alternative to traditional alcoholic beverages, appealing to those who enjoy the effervescence of soda but with a twist. The growing popularity of hard sodas is driven by the increasing demand for innovative and flavorful alcoholic beverages, particularly among younger demographics who are open to experimenting with new drink options. As a result, beverage companies are expanding their portfolios to include a variety of hard soda flavors, catering to diverse consumer tastes and preferences.

Regionally, the carbonated drinks market exhibits varied growth patterns. Asia Pacific, in particular, is emerging as a bustling hub for carbonated drink sales, driven by the growing young population and rapid urbanization. North America and Europe, although mature markets, continue to show steady growth due to ongoing product innovations and health-conscious options. Latin America is witnessing a surge in demand, fueled by a growing middle-class population with increasing disposable incomes. Meanwhile, the Middle East & Africa region, although currently a smaller segment, is expected to show promising growth potential over the forecast period, owing to urbanization and changing lifestyle habits.

Product Type Analysis

Within the carbonated drinks market, product type plays a critical role in shaping consumer preferences and driving sales. The cola segment continues to dominate the market, owing to its widespread popularity across different demographics and regions. The iconic status of cola drinks, coupled with extensive marketing campaigns by major beverage companies, has cemented its position as a staple in the carbon

The global club soda market is experiencing robust growth, driven by increasing health consciousness and the rising popularity of mixed drinks and cocktails. Consumers are increasingly opting for healthier alternatives to sugary beverages, and club soda, with its low-calorie and zero-sugar profile, perfectly fits this demand. The market's expansion is further fueled by the versatility of club soda, which serves as a base for various cocktails, mocktails, and as a simple, refreshing beverage on its own. Growth is particularly strong in the online sales channel, reflecting evolving consumer purchasing habits and the convenience of e-commerce. Premiumization is another key trend, with consumers showing a preference for high-quality, naturally sourced club sodas, impacting the market segmentation. While pricing pressures and competition from other non-alcoholic beverages could pose challenges, the overall market outlook remains positive. The increasing penetration of club soda in both established and emerging markets, along with ongoing innovation in flavors and packaging, further contributes to a healthy growth trajectory. Key players are leveraging strategic partnerships, acquisitions, and product diversification to enhance their market position. The market is also witnessing growth in innovative packaging formats and formats targeted at specific consumer demographics like organic club soda. Considering the provided data and industry trends, the club soda market's growth is expected to continue at a steady pace. The North American and European regions remain dominant, driven by high per-capita consumption and established distribution networks. However, significant growth potential lies in the Asia-Pacific region, where increasing disposable incomes and changing lifestyle preferences are fueling demand. The segmentation by application (supermarkets, beverage stores, online) shows a dynamic shift with online sales gaining considerable traction. The natural club soda segment enjoys a premium pricing and is expected to outpace the blended club soda segment due to its health-conscious appeal. Competitive landscape is intense, with both established beverage giants and niche players vying for market share. Successful players are focusing on brand building, product innovation, and effective distribution strategies. The forecast for the next decade indicates a promising future for the club soda market, with continued expansion in both established and emerging markets.

Graph and download economic data for Average Price: All Soft Drinks, 12 Pk, 12 Ounce, Cans (Cost per 12 Ounces/354.9 Milliliters) in the Midwest Census Region - Urban (APU0200FN1102) from Apr 2018 to Aug 2025 about other food items, retail, price, and USA.