India is fifth largest market of Coca-Cola

27 Jul 2022 , 08:46 AM

The largest producer of soft drinks in the world, Coca-Cola Company, reported on Tuesday that its India division saw the fastest volumetric increase ever in the second quarter.

It reported increased unit case volume in the June quarter, which was aided by its portfolio of effervescent soft drinks and the fruit drink brand Maaza. The Atlanta-based Coca-Cola Company reported on Tuesday that its sparkling soft drink sales increased by 8% in the second quarter, “mainly driven by India, Mexico, and Brazil.”

India is included in the Asia Pacific Market, where Coca-unit Cola’s case volume increased by 11%. The fifth-largest market for Coca-Cola worldwide is India.

Net revenues for the Coca-Cola Company increased overall by 11.80% to USD 11.32 billion, while organic revenues (non-GAAP) increased by 16%. The June quarter of the previous year had a 10.12 billion USD net revenue.