![]() Mondelez Reports Fourth Quarter and Full-Year 2021 Results. Nestlé reports full-year results for 2021. Why PepsiCo Can Still Afford to Send Investors $8 Billion in 2022. ![]() PepsiCo reports $79.47B in revenues and $11.1B in operating profit. Can Coca-Cola Sustain Its Recovery in 2022? The Motley Fool The Coca-Cola Company “resists” 2021 uncertainties. ![]() PepsiCo is the top Coca-Cola competitor and alternative. In 2022, PepsiCo expects its organic sales to rise by 8%. Pepsi and Coca-Cola raised their 2022 sales outlook. In Q1 2022, PepsiCo’s beverage business posted a 21% increase in operating profit. And Gatorade battles with Coca-Cola’s energy drinks. The two giants compete in the bottled water market, with Lifewtr versus Aquafina. PepsiCo’s Pepsi and Coca-Cola’s Coke, Sprite, and Fanta are the most popular soft drinks globally. PepsiCo and Coca-Cola compete across the beverage sector in over 200 countries. Its operating profit increased by 11% to $11.1 billion. In 2021, PepsiCo had 267,000 employees and made $79.47 billion in revenue. The company owns several brands that generate over $1 billion annually, including Pepsi, Mountain Dew, Fritos, and Tropicana. PepsiCo is the second-largest non-alcoholic beverage company globally after Coca-Cola. Here is an in-depth analysis of top Coca-Cola’s competitors and alternatives: But Coca-Cola faces stiff competition from PepsiCo, Nestlé, Mondelez, Nongfu Spring, Keurig Dr. The nutrition, juice, dairy, and plant-based beverages grew by 12%. The restructuring process increased sales by 16%, including a 7% growth for sparkling soft drinks, sports drinks, tea, and coffee. In 2020, the company slashed 200 local brands or about half of its product line to unlock resources for its core brands. Bottlers mix the concentrates or syrups with sparkling water and sweeteners before bottling and distributing the finished product to consumers. Ĭoca-Cola revolutionized the soft drink sector with its franchised distribution system that allows the company to sell syrup concentrate to bottling companies globally. In 2021, Coca-Cola had 62,600 employees and reported a 17% increase in revenue to $38.7 billion. Its products are available to consumers in more than 200 countries globally. The company owns over 300 beverage brands, including Coke, Sprite, Fanta, VitaminWater, Costa coffee, and Bodyarmor. In 1889, Asa Griggs Candler acquired the Coca-Cola formula and brand for $2,300 and incorporated the Coca-Cola Company three years later. The company was founded in May 1886 by pharmacist John Stith Pemberton to sell his sugary Coca-Cola drink. The Coca-Cola Company is the world’s biggest non-alcoholic beverage producer based in Atlanta, Georgia.
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