Soda consumption is falling in the United States but rising in emerging markets.

Lucky for Coca-Cola, its brands Sprite, Fanta and Coke are all doing well in the world's second largest economy. The company sold 12% more (in volume) of its carbonated drinks in China last year.

And that's not all -- juice consumption is growing too.

After launching an orange-juice drink, Minute Maid Pulpy in China in 2005, the product has skyrocketed to become one of the company's top selling brands.

Pulpy sales exceeded $1 billion after just five years.

In 1998, the average Chinese consumer drank only eight Coke products a year. Now, they drink more than 30.

By Annalyn Censky @CNNMoney - Last updated April 26 2012: 6:07 PM ET
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