C.Competitive Environment Analysis
Coca-Cola and Pepsi are the two major industry players in the soft drink industry, they account for a total of more than 60 percent and more than 70 percent of the U.S. and world markets, respectively. (Refer to Table 1 below)
Table 1 World Soft Drink Market Shares (%)
Company199519941993
Coca-Cola Co.47.245.644.8
PepsiCo Inc.22.121.821.7
Cadbury Schweppes7.98.07.8
Other 22.824.633.5
Source: Beverage Marketing Corporation, c.f. Beverage World 3/15/97, p. 65.
Coca-Cola has long been a part of American culture for over a century. …