Coke is now adding fiber to drinks to try and convince people to buy soda again

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Coca Cola Plus

Coca-Cola

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Coca-Cola now sells a soda with added fiber.

Coca-Cola Plus rolled out in Japan in February. The company reportedly spent more than a decade researching and developing the drink, which is sugar-free, calorie-free, and contains 5 grams of dietary fiber in each bottle.

"We're looking to add functional beverages," CEO John Quincy said on a call with media on Tuesday. The company is rolling out Coca-Cola Plus and Canada Dry Plus as part of a "fast-growing segment where ingredients are added to beverages to address specific dietary needs."

The company didn't reveal plans to sell Coca-Cola Plus in the US anytime soon.

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The beverage giant is desperately looking to grow sparkling drink sales as soda consumption slumps, and executives are hoping that healthier reformulated versions of Coca-Cola could do the trick.

"Consumers, even the same person... want less sugar at one point, more caffeine, less caffeine [at other times,]" Quincy said. Coca-Cola, he said, "can actually have multiple objectives in the same reformulation. You can... improve the taste, and reduce the added sugar, and add a new fruit juice or some other ingredients."

Most of Coca-Cola's reformulations have created successful new beverage brands simply by cutting sugar or calories from pre-existing drinks. For example, the company reported that the revamped Coca-Cola Zero Sugar experienced double-digit growth in the last quarter, after growing 9% by volume in 2016.

Coke Zero Sugar

Coca-Cola

Revamping well-known brands can be a tricky business, though. The 1985 reformulation of Coca-Cola that resulted in "New Coke" was one of the most catastrophic decisions in the company's history.

Now, Coca-Cola's reformulations are used as extra variations on the core brand, instead of replacements for a classic Coke. Coca-Cola Plus will never replace Coca-Cola, but instead serve as yet another option, alongside brands such as Diet Coke, Coke Zero Sugar, and Coke Life.

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Crafting a healthier version of Coke could be key to saving Coca-Cola's soda business. While Coca-Cola grew its sparkling soft drink revenue last quarter, by volume, global soft drink sales fell by 1%.