CNBC reported on the 19th local time that the CEO of Coca-Cola said that the company’s beverages would increase prices in response to rising commodity prices. Although it can increase the company’s profit margins, it is bound to affect consumers. Coca-Cola did not disclose which products will increase prices. The company last announced price increases in 2018 due to the impact of aluminum tariffs during Trump’s administration.
Coca-Cola did not disclose which products will increase prices. Okay, let’s take a look at the fact that Coca-Cola has 160 beverage brands in 200 countries, including soft drinks, sports drinks, dairy drinks, juices, teas and coffee. Coca-Cola, which ranks first in the United States, obtains more than 40% of its brands. Market share, and Sprite is the fastest growing beverage. Mainly Coca-Cola and Sprite. The ingredients of cola: refers to sweet, caffeine-containing but non-alcoholic carbonated beverages. The name comes from one of the early materials of Coke: Kola nut extract. The essence of cola is carbonated beverages, and some carbonated beverages can cause serious damage to human cells. Sodium benzoate, the preservative contained in carbonated drinks, can damage an important area of human mitochondrial DNA. In addition to sugars that can replenish energy for the human body, aerated “carbonated drinks” contain almost no nutrients. Ingredients of Sprite: Sprite mainly includes: water, grape pulp, white sugar, food additives (carbon dioxide, citric acid, sodium citrate, sodium benzoate), food flavors. Proper junk beverages, long-term drinking, will not only be unhappy, but also suffer because of a poor image of obesity and can’t find a target. More often, obesity can lead to the occurrence and development of many diseases. At the same time, carbonated beverages can damage teeth. An extra fee for dental treatment was added. Nowadays, people pay more and more attention to health. At this time, Coca-Cola claims that it is okay to increase the price. The profit rate has increased, but the total profit will definitely increase? Is there a possibility of a decline in sales?