What is the Size of Coca Cola industry in dollars? please 150 words and provide cites

Expert Solution

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Coca-Cola is largest beverage company in the world and it is refreshing consumer with more than 500 sparkling brands and it is one of the provider of sparkling beverages along with ready to drink coffee and juice and juice drink.

The overall industry size of coca cola is is making it one of the most valuable brand in 2020 and the brand value is around 56.67 billions and it has developed a global market presence because it is providing with excessive market return as it has gained the market share continuously and it can also be seen through the share price of the company which has gained tremendously since inception and it is one of the 30 stocks which is included in the Dow Jones Industrial Average.

The total revenues of the company is around 38 billions along with operating income of 10 billions and total Assets of the company is around 87 billions and it has a large number of subsidiaries all around the world and it is producing large number of products which is gaining continuous traction and it is expected to maximize this rate of return in coming years also because it has been able to retain the existing customers and there is a very high probability of adding new customer base.

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