A Foolish Take: American Soda Consumption Plunges to a 31-Year Low
Soda consumption in the United States fell to a 31-year low in 2016, according to Beverage-Digest. That decline can mainly be attributed to waning demand among health-conscious consumers.
Here's how much each drink category grew between 2015 and 2016, according to the Beverage Marketing Corporation.
Data source: BMC. Chart by author.
Source: Fool.com
Coca-Cola Co. Stock
€61.20
0.770%
The stock is an absolute favorite of our community with 30 Buy predictions and no Sell predictions.
With a target price of 64 € there is a slightly positive potential of 4.58% for Coca-Cola Co. compared to the current price of 61.2 €.