Coca Cola Net Revenues by Operating segment

Net Revenues of Coca Cola from each operating  segment 2014-2021.

Amounts are in millions.

YearEurope, Middle East & AfricaLatin AmericaNorth AmericaAsia PacificGlobal VenturesBottling InvestmentsCorporateEliminationsTotal
2017$6,822$4,026$10,629$5,162$715$11,306$113$(2,561) $36,212
2016$7,278$3,819$10,325$5,294 $19,735$132$(4,720)$41,863 
2015$7,587$4,074$9,840$5,252 $23,063$166$(5,688) $44,294
2014$8,266$4,657$9,271$5,746  $23,651 $136$(5,729)$45,998 

2021: North America, the largest business segment of Coca Cola company generated $13.2 billion in 2021 compared to $11.5 billion in 2020. Bottling investments, the second largest business segment based on net revenues generated $7.2 billion in revenues in 2021 compared to $6.265 billion in 2020.

The business operations of Coca Cola are organized mainly on the basis of geographical segments. North America is its largest operating segment that generated $11.9 billion in 2019 compared to $11.6 billion in 2018. The net operating revenue of the company grew to $37.3 billion in 2019 compared to $34.3 billion in 2018.

About Coca Cola:

Coca Cola is a leading brand of sparkling and nonsparkling beverages. It is the largest competitor of Pepsico and its products sell in virtually all countries of the world.  It has its headquarters in Atlanta, Georgia. The company owns or licenses and markets more than 500 nonalcoholic beverage brands. They are grouped into the following categories: sparkling soft drinks; water, enhanced water, and sports drinks; juice, dairy, and plant-based beverages; tea and coffee; and energy drinks. Coca-Cola also owns and markets four of the world's top five nonalcoholic sparkling soft drink brands: Coca-Cola, Diet Coke, Fanta, and Sprite. Finished beverage products bearing Coca-Cola trademarks, sold in the United States since 1886, are now sold in more than 200 countries and territories. In 2019, the net operating revenue of Coca Cola grew to $37.3 billion from $34.3 billion in the previous year. Coca-Cola’s largest market is the United States that accounted for around 32% of its net operating revenues in 2019.