Coca-Cola reported strong second-quarter 2023 results, showcasing momentum in a dynamic operating environment. The company focuses on strengthening its presence in emerging markets, building strategic partnerships, and investing in sustainable initiatives to support growth globally. The company aims to focus on innovation, revenue growth, and brand building through a sustainable, circular economy, benefiting stakeholders.The company’s performance in the India market is outlined below;
Steady Unit Case Volume-Coca-Cola’s Unit Case Volume remained steady in the second quarter, with growth in Mexico balanced by declines in the US and Spain. Developed and emerging markets remained even, with growth in India and Brazil offset by Russia’s suspension and Pakistan’s decline.
Robust Growth in Asia Pacific-Coca-Cola experienced 2% growth in Unit Case Volume in the Asia Pacific region, driven by positive beverage categories in India, China, Thailand, and Vietnam.Market Share Expansion in Asia Pacific-Coca-Cola expanded its market share in Asia Pacific, focusing on total Non-Alcoholic Ready-to-Drink beverages, with notable gains in South Korea, India, Australia, and Thailand.
