The trend of complication of Russian beer market is going on and in several directions at the same time. The range has got wider, the import and small segments are growing, namely craft beer, alcohol-free beer and special flavor beer. At the same time, all ex-mega brands and light lagers by Russian brewers are experiencing a decline of their shares. AB InBev Efes, Heineken, MBC and Pivzavod Trekhsosenskiy have exceeded the market, Carlsberg was developing slower than the market and Ochakovo as well as some other mid-sized breweries have been cutting down their volumes. To a big extent brewers’ performance was connected to their ability to reach agreement with networks, sacrifice their margin and enter new markets. Craft brewers are facing a serious danger of producers’ registration introduction – de facto licensing. ...
The global outlooks of the legal market of cannabis are excellent. It is possible to simultaneously imagine dry law repeal and craft brewing boom but not in one but in several consumer categories. For alcohol is contained in liquids and cannabis derivatives can be in three physical forms.The value of legal market of cannabis and its products can reach 10% of the world beer market in five years, and in 2030-2040 even reach the same scope provided the current rates of legalization and development of market infrastructure remain at the same level. Cannabinoids are actively integrating into the food industry from chewing gum to beverages deforming the pharmaceutical and alcohol markets, they influence the trends of healthy lifestyle and beauty. ...
Beer market of Kazakhstan acquired both traits of East European countries and South Eastern Asia taking a transitional position between them by many criteria and consumption style. Yet there is a positive trend in beer production which differs Kazakhstan from most of the neighboring countries. The market has remained consolidated in the hands of two international players because of its small size. However, it faces dynamic processes such as fast growth of draft beer sales, up and downs of regional companies and Carlsberg Group’s ultimate expansion. Excessive mainstream segment has declined over the recent years, yet, Zhigulevskoe and national brands with regional links have yielded their positions to a range of new products. In our review special attention was paid to regional analysis of the markets. In 14 regions of Kazakhstan we compared the companies’ positions, the market price segmentation and DIOT channel development. Besides we have compared the beer market of Kazakhstan to neighboring countries. ...
Brazil’s AmBev Shaping Up As Potential Leader
This column on Wednesday mentioned some of the highest-rated stocks from Latin America. Two names appeared in that search.
From Mexico, Fomento Economico Mexicano (FMX), or Fomex, is Latin America's largest nonalcoholic beverage company.
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From Brazil, Companhia de Bebidas das Americas (ABV), or AmBev, is Latin America's biggest brewery. The company also distributes Gatorade in a country that goes wild over sports.
Leader In Latin America
AmBev dominates Brazil's beer market with a 68% share. It also delivers several beer brands to 12 other Latin American markets.
Global beverage giant Anheuser-Busch InBev (BUD) bought a majority stake in AmBev seven years ago. AmBev now distributes Budweiser and Stella Artois in Canada, where it holds a 42% market share. AmBev also is the regional PepsiCo distributor.
Scrutiny of AmBev's chart shows a good — but not perfect — base.
AmBev is now in the eighth week of a cup-shaped base with a potential buy point at 34.78.
So what's wrong with the base? The right side is a bit steep, especially compared with the more evenly shaped left-side decline.
Accumulation and distribution are about evenly matched within the base, which has seen a large amount of volume. The base is V-shaped, which is poor form. It does reflect the market's volatility to some extent, though.
So what's right with AmBev's chart? Its base is a second-stage structure. Third- and fourth-stage bases reflect an older uptrend and are more prone to failure than first- or second-stage bases.
Its price action has been less volatile than the corrections of many other leading stocks.
AmBev posted earnings gains in the past four quarters ranging from 32% to 55%.
Estimates for the current period predict a rise of just 17%. That would be the softest such gain in five quarters.
Sales rose just 18% in the second quarter, the most recent report. That's lower than you'd want to see in a market leader.
But AmBev has accelerated its sales growth for three straight quarters. Taken together, AmBev's sales picture may be seen as a positive.
Finally, AmBev boasts the highest annual pretax margin — 39.2% — in its industry group.
Its 32.8% return on equity is second only to China New Borun (BORN), a Chinese small cap with its own set of problems.
AmBev is in IBD's alcoholic beverages industry group. It ranked 62nd out of 197 groups in Thursday's IBD, but the group has been climbing. It was 94th three weeks ago and 132nd six weeks ago.
29 Авг. 2011