US: Coca-Cola Co, PepsiCo lose share to private label - analyst
The Coca-Cola Co and PepsiCo have both lost market share to private label in Western Europe
In the four-week period, private label beverage sales grew in value terms by 8.8%, the analysts reported today (4 January). This compared to 5.2% sales growth for Coca-Cola's brands in the region and 7% growth for PepsiCo's drinks brands.
The private label beverage category saw total volumes climb by 6.6% in the four-week period, the analysts noted, with non-CSDs gaining the most ground, with 35.5% sales growth.
For Coca-Cola, while sales in the UK rose by 5.6% during the period, volumes declined by 6.5%. The company's brands lost 122 basis points of UK market share year-on-year, to 27.6%. However, in France, Coca-Cola's sales grew by 4.2%, with volumes climbing by 0.6%, the analysts said.
For PepsiCo, while the company gained market share in CSDs in Western Europe, it lost share in the non-CSDs and sports & energy categories.
In the fourth and final part of this month's management briefing, Ben Cooper continues his consideration of the environmental sustainability of the soft drinks and bottled water categories. Here, Ben ...
In the penultimate part of this month's management briefing, looking at environmental sustainability in the soft drinks and bottled water sectors, Ben Cooper considers efforts to reduce the use of ene...
- Have spirits companies forgotten the mainstream?
- Ten questions for Diageo - Analysis
- Does alcohol accelerate the onset of dementia?
- Pernod's mood darkens over India - Analysis
- Why Scotch must drop the 'malts good, blends bad'
- Moet Hennessy unaffected by LVMH Dior buy
- Diageo to cut 105 jobs in Scotland, 50 in Italy
- Distell acquires majority stake in Cruz Vodka
- Portman Group heads to Tesco for new chief exec
- William Grant names Europe & NA Travel Retail head
- Global Scotch insights - market forecasts, product innovation and consumer trends
- Global Champagne and sparkling wine insights - market forecasts, product innovation and consumer trends
- Battle of the Generations - The fight for iGen, Millennial, Gen X and Baby Boomer consumers
- Craft Beer: Coming of Age or Past Its Prime?
- Myanmar - ISA Country Report