Showing 10 out of 10 companies.
The Coca-Cola Co, Zhejiang Nongfushanquan Water Co. Ltd., Tingyi (Cayman Islands) Holding Corp, China Resources (Holdings) Co Ltd, and Hangzhou Wahaha Group Co Ltd are the top 5 soft drink companies in China in 2021 by volume (FY 2021). Cumulatively, the top 10 soft drink companies in China reported a volume of 95,422 million liters, the highest volume was reported by The Coca-Cola Co (16,278 million liters), followed by Zhejiang Nongfushanquan Water Co. Ltd. (15,612 million liters) and Tingyi (Cayman Islands) Holding Corp (13,607 million liters), while the company Uni-President China Holdings Ltd (3,669 million liters) stood the lowest. The Coca-Cola Co is the leading soft drink company in China in 2021 by volume (FY2021). It is a producer, distributor, and marketer of non-alcoholic beverages. The company’s product portfolio comprises sparkling beverages and a variety of still beverages including juices and juice drinks, waters, enhanced waters, ready-to-drink teas, and coffees, and energy and sports drinks. It reported revenues of $43,004 million for the fiscal year ended December 2022 (FY2022), an increase of 11.3% over FY2021. Coca-Cola operates through seven reportable business segments: Europe, Middle East, and Africa; Latin America; North America; Asia Pacific; Global Ventures, Bottling Investments, and Corporate and employs 82,500 employees. Zhejiang Nongfushanquan Water Co. Ltd, is one of the leading soft drink companies in China in 2021 by volume (FY2021). It is engaged in the production and supply of natural water and beverages. Its product portfolio includes natural bottled drinking waters, vegetable and fruit juices, functional beverages, tea beverages, and other natural soft drinks. The company operates its production facilities in Jilin, Zhejiang, Hubei, Guangdong, Jiangxi, and Sichuan provinces.
As a seasoned expert in the beverage industry with a wealth of first-hand knowledge and a deep understanding of the market dynamics, I can confidently delve into the details of the information you've provided about the top soft drink companies in China in 2021.
The data you've presented highlights the dominance of The Coca-Cola Co in the Chinese soft drink market. With a staggering volume of 16,278 million liters, it firmly holds the top position. The company's diverse product portfolio, ranging from sparkling beverages to juices, waters, teas, and more, underscores its strategic approach to catering to diverse consumer preferences.
Zhejiang Nongfushanquan Water Co. Ltd. follows closely, reporting a substantial volume of 15,612 million liters. Specializing in natural water and beverages, the company operates across various provinces, emphasizing its widespread presence in the market. The inclusion of vegetable and fruit juices, functional beverages, tea beverages, and other natural soft drinks in their product lineup reflects a commitment to offering a broad range of choices.
Tingyi (Cayman Islands) Holding Corp secures the third position with a reported volume of 13,607 million liters. While the specifics of their product range aren't detailed, their significant volume suggests a notable market share.
The article also mentions China Resources (Holdings) Co Ltd and Hangzhou Wahaha Group Co Ltd as key players in the Chinese soft drink landscape. Though their volumes aren't explicitly stated, their inclusion in the top five underscores their substantial contributions to the market.
Additionally, Uni-President China Holdings Ltd holds the lowest position among the top 10 soft drink companies, reporting a volume of 3,669 million liters. This indicates a notable difference in market presence compared to the leading companies.
It's worth noting that The Coca-Cola Co stands out not only in volume but also in financial performance, reporting revenues of $43,004 million for the fiscal year ended December 2022, marking an impressive 11.3% increase over FY2021. The company's extensive global operations are segmented into Europe, Middle East, and Africa; Latin America; North America; Asia Pacific; Global Ventures; Bottling Investments, and Corporate, employing a substantial workforce of 82,500 employees.
This comprehensive analysis provides a nuanced understanding of the soft drink industry in China, showcasing the key players, their volumes, and the market dynamics that contribute to the landscape's overall complexity.
