NUMBER OF THE DAY
This is the increase in market value of Nongfu Spring, China's largest bottled water company, over the past year. This puts it in third place globally behind Coca-Cola and Pepsi.
🚀 Brand Value Surge: Nongfu Spring’s brand value rose to USD 11.1 billion, making it the first Chinese brand to break into the global Top 3 of non-alcoholic drinks. Coca-Cola remains in the lead at USD 46.3 billion, followed by Pepsi at USD 22.6 billion.
🌏 Asia’s Benchmark Brand: With 15 proprietary water sources, an AAA+ rating in the Brand Strength Index, and a 37% stock price increase since the beginning of the year, Nongfu Spring now boasts a market capitalization of around USD 66 billion.
Watch: Chinese consumer brands are conquering global rankings, and Nongfu Spring’s success highlights the growing soft power of Chinese brands in the premium segment.
The world has a big thirst and is becoming more health-conscious. Sugar-free functional beverages are fueling the market.
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