Kathmandu. The market share of Varun Beverage Pvt. Ltd. has been increasing as the market share of Bottlers Nepal Limited, a carbonated cheo beverage manufacturing company, is continuously shrinking in the Nepali market.
According to credit rating agency ICRA Nepal, the last fiscal year 2081. Varun Beverage’s market share in the first nine months of 1982 was 45-46 per cent. Similarly, bottlers Nepal (including Bottlers Tarai Limited) has only 54 percent market share during this period.
The rating agency, which has a credit rating of two large competitors, Bottlers Nepal Limited (including Bottlers Nepal Tarai Limited) and Varun Beverage Pvt Ltd, has published faulty details regarding the market share of the two competitors.
According to a press release issued by the rating agency, the last fiscal year 2081. Based on 82, Bottlers Nepal Tarai Limited has a market share of 38 percent. Also
All the three companies account for 144 per cent of the total market share. Although the total market is considered to be equal to 100 percent, it seems that there is an error in the details mentioned by CARE Ratings regarding the market share of the three companies.
According to the press release, fiscal year 2079. Compared to 80 (2023), the last fiscal year 2081. During the first nine months of 1982, varun beverage’s market share has increased. During the review period, the market share of both Coca-Cola manufacturing companies has shrunk.
According to ICRA, the market share of Varun Beverage Pvt Ltd, a manufacturer of PepsiCola, was 39 percent in 2023 to FY 2081. In the first nine months of 1982 (mid-December), it has reached around 45 to 46 percent.
Similarly, the market share of Coca-Cola producer Bottlers Nepal Tarai Limited has come down from 45 percent to 38 percent during the review period. Similarly, the market share of Bottlers Nepal Limited, another company that produces Colacola, has shrunk from 61 percent to 54 percent.
Bottlers Nepal has been producing cold drinks under brands including Coca-Cola from Balaju Industrial Area and Bharatpur-based industries in Chitwan. Similarly, Varun Beverages has been producing cold drinks under brands like PepsiCola from old Sinamangal (PepsiCola) and Nawalparasi-based industries.
