
Minute Maid is owned by The Coca-Cola Company (NYSE: KO), a publicly traded American multinational beverage corporation headquartered in Atlanta, Georgia. Coca-Cola acquired Minute Maid in 1960 for approximately $36 million. In February 2026, Coca-Cola announced the discontinuation of Minute Maid frozen canned orange juices and lemonades in the U.S. and Canada, ending an 80-year product line. Coca-Cola reported 2025 net revenues of $47.9 billion. Minute Maid continues to operate its ready-to-drink and fresh juice lines.
Parent Company
Acquired
1960
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Minute Maid | The Coca-Cola Company | Wholly owned |
Minute Maid's origins trace to the National Research Corporation (NRC), a Boston-based company that developed vacuum dehydration technology during World War II to produce lightweight, shelf-stable food products for the military. After the war, NRC scientists applied this technology to orange juice, developing a process to create frozen concentrated orange juice (FCOJ) that could be reconstituted with water. The company formed Florida Foods Corporation in 1945 to commercialize this technology.
The brand name "Minute Maid" was chosen to emphasize the speed and convenience of preparing the product. The first Minute Maid frozen orange juice concentrate was introduced in 1946, and the product line expanded to include lemonade, pink lemonade, raspberry lemonade, and limeade over the following decades.
Frozen concentrate technology transformed the orange juice industry. Before FCOJ, fresh orange juice was highly perishable and expensive to transport. Frozen concentrate allowed orange juice to be produced in Florida and shipped affordably to consumers across the United States. The product was an immediate commercial success, and Minute Maid became synonymous with orange juice in American households.
In 1949, Bing Crosby became one of the first celebrities to endorse Minute Maid, purchasing a 20% stake in the company and appearing in advertising. This celebrity partnership was innovative for its time and helped establish Minute Maid as a household brand.
The company went public and was renamed Minute Maid Corporation in 1960. That same year, The Coca-Cola Company acquired Minute Maid for approximately $36 million. The acquisition gave Coca-Cola a presence in the juice category and provided Minute Maid with Coca-Cola's extensive distribution network.
Under Coca-Cola's ownership, Minute Maid expanded significantly, adding new juice flavors, juice drinks, and eventually ready-to-drink products. The brand expanded internationally, becoming one of the most recognized juice brands globally. Coca-Cola introduced Minute Maid Light, Minute Maid Active, and Minute Maid Kids variants in the 2000s and 2010s.
In February 2026, Coca-Cola announced the discontinuation of Minute Maid frozen canned orange juices and lemonades in the U.S. and Canada by April 2026, ending an 80-year product line. The company cited shifting consumer preferences, with U.S. frozen beverage sales falling nearly 8% in the 52 weeks ending January 24, 2026, according to NielsenIQ. A Coca-Cola spokesperson stated: "We are discontinuing our frozen products and exiting the frozen can category in response to shifting consumer preferences. With the juice category growing strongly, we're focusing on products that better match what our consumers want."
The discontinuation affected the Minute Maid facility in Peterborough, Ontario, Canada, where Coca-Cola had announced the end of frozen juice production in July 2025. However, the facility continues to produce other Minute Maid products and Fairlife ultra-filtered milk, following an $85 million expansion completed in 2020. Only six employees were permanently laid off, a significant reduction from the dozens initially expected, after union negotiations.
Who owns The Coca-Cola Company?
The Coca-Cola Company is a publicly traded corporation owned by its shareholders. Berkshire Hathaway is the largest single shareholder with approximately 9% of outstanding shares. Other major holders include Vanguard Group and BlackRock. The company has no controlling owner.
Is Coca-Cola publicly traded?
Yes, The Coca-Cola Company trades on the New York Stock Exchange under the ticker symbol KO. It is a component of both the S&P 500 and the Dow Jones Industrial Average. The company has been publicly traded since 1919.
What is Coca-Cola's annual revenue?
For FY2025, Coca-Cola reported net revenues of $47.9 billion, up 2% from $47.1 billion in FY2024. Organic revenues grew 5%. Full-year EPS was $3.04, and comparable EPS was $3.00.
Who is Coca-Cola's CEO?
Henrique Braun became CEO on March 31, 2026. He succeeded James Quincey, who transitioned to Executive Chairman after nine years as CEO. Braun previously served as COO and has worked at Coca-Cola for three decades.
How many brands does Coca-Cola own?
Coca-Cola owns more than 500 beverage brands sold in over 200 countries. Approximately 30 brands generate annual retail sales of at least $1 billion each. Major brands include Coca-Cola, Coke Zero Sugar, Sprite, Fanta, Dasani, Smartwater, Powerade, Minute Maid, Costa Coffee, and Fairlife.
What is Coca-Cola's business model?
Coca-Cola produces beverage concentrates and sells them to approximately 225 independent bottling partners worldwide. These bottlers manufacture, package, and distribute finished beverages. This franchise model generates high margins on concentrate sales while bottling partners handle capital-intensive manufacturing and distribution.
What is Coca-Cola's 2026 outlook?
Coca-Cola projects organic revenue growth of 4% to 5% and comparable EPS growth of 7% to 8% for 2026. The company expects an approximate 1% currency tailwind and an approximate 4% headwind from acquisitions and divestitures, primarily from the pending CCBA sale.
How many people does Coca-Cola employ?
As of December 31, 2025, Coca-Cola employed approximately 65,900 people, of which approximately 8,900 were located in the United States. The decrease from 69,700 in 2024 was primarily due to divestiture activity.
Minute Maid participates in Coca-Cola's sustainability programs. Coca-Cola's World Without Waste initiative aims to collect and recycle the equivalent of 100% of bottles and cans sold by 2030 (extended from the original 2025 target). The company has committed to making 100% of packaging recyclable globally and using at least 50% recycled materials in packaging by 2030.
Coca-Cola has faced criticism from environmental groups for extending its packaging sustainability deadlines from 2025 to 2030 and for quietly dropping reuse targets. The company was named the world's top plastic polluter by the "Brand Audit" report of the Break Free From Plastic movement for multiple consecutive years. Minute Maid's plastic bottles and cartons contribute to Coca-Cola's overall packaging footprint.
Coca-Cola is not a Certified B Corporation. The company has achieved 100% water replenishment (returning an equivalent amount of water to nature and communities as it uses in its beverages), a goal met five years ahead of expectations. Minute Maid benefits from this water stewardship program, particularly in citrus-growing regions where water management is critical.
Minute Maid sources fruit ingredients from suppliers who meet Coca-Cola's Sustainable Agriculture Guiding Principles. The brand's citrus sourcing is concentrated in Florida, Brazil, and other citrus-growing regions. Coca-Cola reports on supply chain sustainability through its annual Business & Sustainability Report.
Frozen Juice Discontinuation (2026): In February 2026, Coca-Cola announced the discontinuation of Minute Maid frozen canned orange juices and lemonades in the U.S. and Canada by April 2026, ending an 80-year product line. The decision was made in response to shifting consumer preferences, with U.S. frozen beverage sales falling nearly 8% in the 52 weeks ending January 24, 2026, according to NielsenIQ. The discontinuation generated significant consumer backlash on social media, with many customers expressing nostalgia and frustration. Home bakers and recipe developers noted that frozen concentrates offered unique properties for recipes including slushes, lemonade pie, and holiday punch that fresh juices cannot replicate. The Peterborough, Ontario facility saw six permanent layoffs, reduced from dozens initially expected after union negotiations.
BODYARMOR Trademark Impairment (2025): Coca-Cola recorded a non-cash impairment charge of $960 million related to the BODYARMOR trademark in Q4 2025. While this does not directly affect Minute Maid, it reflects broader challenges in Coca-Cola's beverage portfolio and the company's willingness to discontinue or write down underperforming brands, which created context for the Minute Maid frozen concentrate decision.
Sugar Content and Health Concerns: Minute Maid, like all juice brands, faces ongoing scrutiny over sugar content. The American Academy of Pediatrics recommends limiting juice consumption in children due to sugar content. Minute Maid has responded by offering reduced-sugar and zero-sugar variants, but the brand's core products remain high in natural sugars from fruit juice concentrate.
Plastic Packaging and Environmental Impact: Coca-Cola has been named the world's top plastic polluter by the Break Free From Plastic movement for multiple consecutive years. Minute Maid's plastic bottles contribute to this footprint. Coca-Cola's decision to extend its packaging sustainability deadlines from 2025 to 2030 and its quiet dropping of reuse targets drew criticism from environmental organizations including the Plastic Pollution Coalition.
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| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Coca Cola Company | USA | 2001 | Us refrigerated-juice-leader | United states | All-consumers | |
| Coca Cola Company | USA (historical) | 1980 | Discontinued | United states | All-ages | |
| Coca Cola Company | USA | 1999 | Mass market | Global | All Genders | |
| Coca Cola Company | United States | 1974 | Premium | Global | All Genders | |
| Monster Beverage | United States | 2004 | Mass market | United states | All Genders | |
| Coca Cola Company | USA | 1972 | Mass market | United states | All Genders |
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Market Positioning: Minute Maid competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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