Early Coca-Cola
So, as we said, Coca-Cola is clearly one of the most popular and oldest brands in the beverage industry. This drink was discovered 133 years ago, in 1886 by John Stith Pemberton. He imagined Coca-Cola as a drink that was intended to be healthy and was a substitute for the previous product called the French wine coca pemberton. It can be said that Coca-Cola was created because of the prohibition that prohibited the production and sale of alcoholic drinks during the 1880s in Atlanta.
However, Mr. Pemberton, who is a pharmacist, decided to replace the popular alcoholic drink with his new product, which he got by mixing some of the syrups he obtained with carbonated water, thus making the first coke ever. He sells new soft drinks in the first amount at a price of around 5 cents per glass, which is a pretty good price.
The success of the Pembecon has attracted the attention of another pharmacist named Asa Griggs Candler. Because Mr. Candler is also a successful businessman, he decided to buy a company from the Pemberton and all the right to produce Coca-Cola. It happened in 1891. This is one of the most significant steps in further development of the company to be one of the most famous brand drinks and producers today. During the 1890s production increased significantly which brought more profit and allowed the brand to grow.
It is noteworthy that Coca-Cola officially became a patent in 1893 when registered at the US patent office. In 1894, companies began to find Coca-Cola using famous design bottles that are still popular today. Over the past few decades, the bottle design has changed, but never too much. Bottling allows Coca-Cola to be sold throughout the world, which also means opening a new factory in several countries including Canada, Cuba, France, Panama, Philippines, etc.
The most revolutionary moment in packaging is the use of cans during World War II to make popular drinks available for US soldiers wherever they are. Also, after the war, in 1955, Coca-Cola introduced bottles 10, 12 and 26 ounces. In 1977, the company presented Coca-Cola in a 2 liter plastic bottle.
For 133 years of its existence, Coca-Cola has become one of the most famous brands in the world thanks to its famous classic glass logo, and packaging. Although some things have been changed to match the market, according to Learnbonds, the formula remains the same (except during 1985 when the change was criticized). This is recognized by consumers around the world, and according to some data, around 1.9 billion drinks are consumed every day.
Coca-Cola 2022 net worth
Given that Coca-Cola is a company that operates throughout the world, it is easy to conclude that it has a big advantage. Coca-Cola’s net worth in 2022 is estimated to be around $ 80.83 billion in putting companies among the largest beverage brands worldwide.
