Specific to each business segment, the sales volume of Diet Coke increased the most, reaching11%; The sales of carbonated beverage sector increased by 3%; The growth rate of bottled water, sports drinks, coffee and tea is only 5%, which is lower than the growth rate of 7% in the previous quarter. These data show that diet coke and soft drinks are the main growth points of Coca-Cola Company, while the performance of other business segments is relatively weak.
Although the specific performance of the China market has not been disclosed, we can see the great contribution of the China market to Coca-Cola from the high-level speeches. In China, sales of Coca-Cola increased in the third quarter. Although epidemic prevention and control measures are still taken in some areas in summer, carbonated drinks are growing strongly. In addition, Coca-Cola also launched the high-end drinking water brand Smartwater in China to fill the gap in the high-end water market.
On the whole, the performance of Coca-Cola Company in the third quarter of 2022 was strong, and all business segments achieved year-on-year growth, especially in the China market. This shows that the business development momentum of Coca-Cola Company is good, and the future development prospect is worth looking forward to.