~$8 Billion System Capex*
* Data points are for 2019
There is a significant long-term growth opportunity for both the industry and our company. In terms of markets, commercial beverages represent approximately 70 percent of beverage consumption in the developed world, and we have a 20 percent share of cold, nonalcoholic beverages with a very small position in hot, nonalcoholic beverages today.
In the developing and emerging world, only about 30 percent of beverage consumption is commercialized and our share position within that is about half of what it is in the developed world. The developing and emerging world representing 80 percent of the world’s population; with over 6 billion people.
Therefore, we believe there is compelling long-term growth potential across the world through growing the overall industry and continuing to gain share.
Source: GlobalData and internal estimates
Our company started in 1886 and grew with a purpose to refresh the world. This became refreshment not just in a physical sense but also in spirit, and not just to refresh people but also communities.
Today, we are a total beverage company. We’re present in almost every beverage category, and we have approximately 200 master brands. Over 700,000 people in our system help deliver those brands to customers and consumers every day. The Coca‑Cola Company’s purpose remains clear: To refresh the world and make a difference.