Coca-Cola has reported a modest growth in sales in the first quarter, as a dip in the US market was offset by solid growth in India and other emerging markets.
The company said its net income rose 20% compared to the same time last year, as sales in traditional markets in Europe and the US continued to languish.
Trade volumes were up 3% across the globe as the US market fell back 2% and developing markets continued to grow.
'The strong brand Coca-Cola growth came from a diversity of global markets, including double-digit growth in India, Vietnam, the Philippines, Brazil, Russia and Egypt,' the firm said.
Sales volumes increased 29% in India and 12% in Brazil, the Atlanta-based company said.
'Despite expected ongoing challenges in global economic conditions, we continue to invest in our business and build the health of our brands,' chief executive Muhtar Kent said.
The company, which has over 500 sparkling and still beverage brands, posted a £6.82 billion profit in 2009, a rise of 18% from the previous year.