Dr Pepper/7 Up, Inc Squirt Brand Case
Dr Pepper/7Up, Inc.
Squirt Brand Case Analysis
SOFT DRINK INDUSTRY
The soft drink industry in the United States is a highly profitably, but competitive market. In 2000, carbonated soft drink retail sales were estimated $60.3 billion, however, soft drink consumption growth has slowed in recent years. There are three major companies that hold the majority of sales in the carbonated soft drink industry in the U.S. They are the Coca Cola Company with 44.1% market share, The Pepsi-Cola Company with 31.4% market share, and Dr. Pepper/ Seven Up, Inc. with 14.7% market share. These three companies market the top ten brands account for 73% of soft drink sales in the U.S. Dr. Pepper/ Seven Up, Inc. owns two of the top ten brands: Dr. Pepper and 7UP. Colas are the dominant flavor accounting for 60% of total sales, but flavored soft drink sales are growing fast. Flavored soda is more popular with Hispanic and African American teens. Industry research indicates that most soft drink is consumed by individuals aged 20 to 49. Teens and young adults consume more regular soda and over 25 year olds consume more diet soda. Per capita consumption of soda is higher among Hispanics and African American than other ethnic groups and among teens than adults. There are three major participants in the production and distribution of carbonated soft drinks in the United State: concentrate producers, bottlers, and retailers. Concentrate producers manufacture the basic flavors for sale to bottlers, which add a sweetener and package the beverage in bottles and cans, which are then sold to retailers. Squirt is bottled and sold by 250 bottlers in the U.S. One-third of the bottlers were independent franchised bottlers or part of the Dr Pepper/ 7Up Inc. Bottling Group. Two-thirds of Squirt bottlers were affiliated with Coca-Cola Enterprises, Inc. and the Pepsi Bottling Group.
SQUIRT BRAND
Squirt is a caffeine-free, low-sodium carbonated soft drink brand with a
Squirt Brand Case Analysis
SOFT DRINK INDUSTRY
The soft drink industry in the United States is a highly profitably, but competitive market. In 2000, carbonated soft drink retail sales were estimated $60.3 billion, however, soft drink consumption growth has slowed in recent years. There are three major companies that hold the majority of sales in the carbonated soft drink industry in the U.S. They are the Coca Cola Company with 44.1% market share, The Pepsi-Cola Company with 31.4% market share, and Dr. Pepper/ Seven Up, Inc. with 14.7% market share. These three companies market the top ten brands account for 73% of soft drink sales in the U.S. Dr. Pepper/ Seven Up, Inc. owns two of the top ten brands: Dr. Pepper and 7UP. Colas are the dominant flavor accounting for 60% of total sales, but flavored soft drink sales are growing fast. Flavored soda is more popular with Hispanic and African American teens. Industry research indicates that most soft drink is consumed by individuals aged 20 to 49. Teens and young adults consume more regular soda and over 25 year olds consume more diet soda. Per capita consumption of soda is higher among Hispanics and African American than other ethnic groups and among teens than adults. There are three major participants in the production and distribution of carbonated soft drinks in the United State: concentrate producers, bottlers, and retailers. Concentrate producers manufacture the basic flavors for sale to bottlers, which add a sweetener and package the beverage in bottles and cans, which are then sold to retailers. Squirt is bottled and sold by 250 bottlers in the U.S. One-third of the bottlers were independent franchised bottlers or part of the Dr Pepper/ 7Up Inc. Bottling Group. Two-thirds of Squirt bottlers were affiliated with Coca-Cola Enterprises, Inc. and the Pepsi Bottling Group.
SQUIRT BRAND
Squirt is a caffeine-free, low-sodium carbonated soft drink brand with a