Top 10 Soft Drink Companies in China in 2021 by Volume
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.