Investor Overview - Q3 2023
EUROPE, MIDDLE EAST & AFRICA
Market Landscape
Key Bottlers
•
~2.1 billion consumers
•
2022 TCCC net revenues(a): $7.6 billion (17% of total)
• 2022 TCCC operating income (a): $4.0 billion (29% of total)
2022 Total Addressable Market(b)
By Category
By Channel
EUROPACIFIC
Coca-Cola PARTNERS
+ Coca-Cola Beverages
Coca-Cola
Hellenic Bottling Company
CCI
Expected Category Growth
TCCC
Share(e)
2023 to 2026
Industry CAGRS
Sparkling Soft
Drinks
5%-6%
>50%, +2%
~$350B
~55%
Away From
Home
Juice, Value-Added
Dairy & Plant-Based
4%-5%
~10%, +3%
Water, Sports,
Coffee & Tea (c)
6%-7%
~10%, 0%
Energy
8%-10%
~20%, +7%
Colas
Sparkling Flavors
JDP
WSCT(c)
At Home
Away From Home
Hot Beverages
6%-7%
~2%, +2%
Energy
Hot Beverages
Emerging(d)
(a) Comparable (Non-GAAP)
(b) Retail value of categories where TCCC strategically participates
(c) Excludes Hot Beverages
(d) Emerging category represents Alcohol Ready-to-Drink Beverages
(e) 2022 TCCC value share and change in value share since 2017
Emerging (d)
8%-10%
<5%
Source for consumers is UN population over the age of 12 and source for industry retail value and expected category growth is internal estimates
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