RELATED: This Beloved Summer Food Is Disappearing From Stores and Restaurants. Coca-Cola announced on May 14 that they are discontinuing Coke Energy—the company’s only energy drink—in North America, per The Wall Street Journal. The drink was introduced to break Coca-Cola into the energy-drink market dominated by Red Bull and Monster. However, the beverage failed to do that. According to Beverage Digest, Coca-Cola Energy only accounted for 0.7 percent of U.S. energy-drink sales by the end of 2020. The product will be discontinued in the U.S. and Canada by the end of 2021, the WSJ reported. Coke Energy hasn’t exactly been a fixture for the U.S. branch of Coca-Cola, however. According to CNN, the company first introduced the drink in the U.S. in Jan. 2020 with four different varieties: Coke Energy, Coke Energy Zero Sugar, Coke Energy Cherry, and Coke Energy Cherry Zero Sugar. Before coming to the U.S., the energy drink was originally launched internationally—and it will continue to be sold in these international markets, per the WSJ. RELATED: For more up-to-date information, sign up for our daily newsletter. According to CNN, Coca-Cola is turning its focus to new drinks that are selling well for the company—like AHA and Coca-Cola with Coffee, which were both introduced in the last two years like Coke Energy. AHA is the company’s sparkling water brand that was launched in March 2020, and Coca-Cola with Coffee was just introduced in the U.S. on Jan. 25. “An important component to this strategy is the consistent and constant evaluation of what’s performing and what’s not,” the company said in a statement, per CNN.ae0fcc31ae342fd3a1346ebb1f342fcb Coke Energy is just the latest example of the company’s downsizing. In Oct. 2020, Coca-Cola announced it was removing half of its portfolio of drink brands, which is about 200 brands. According to Business Insider, at that time, the company had already announced it would discontinue drinks like Tab, Zico, and Odwalla, as just a few of the company’s brands rack in most of its profits. CEO James Quincy has said that Coca-Cola’s revenue is dominated by its biggest brands like Coke, Sprite, and Fanta, while more than half of the company’s brands collectively only generate around 2 percent of its revenue. RELATED: This One Thing Is Disappearing From Walmarts Nationwide.
