Despite
the weakness of the Brazilian economy, the drinks market is going strong. Beer
and soft drinks manufacturer, AmBev, posted a Q3 net profit of $92 million and
still seems to have a solid cash flow. It looks like this is going to continue,
with the volume of beer drunk in Brazil set to near nine billion liters by 2005.
With nearly 70% of the Brazilian beer market in its grasp, AmBev is in the best
seat to benefit.
Brazilian drinks market (billion liters), by category, 2001-05
|
2001
|
2005
|
Beer |
8.23
|
8.95
|
Bottled Water |
2.89
|
3.65
|
Carbonates |
11.28
|
13.73
|
Source: Datamonitor, 2001
|
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