The Coca-Cola Company
) recently started its first bottling plant in Crystal Springs,
Hmawbi Township, Myanmar, since it re-entered the market last
The opening of the plant is a part of company's planned
investment of $200 million over the next five years. The bottling
plant will employ 22,000 people and will help the company reach
out to more than 100,000 outlets across Myanmar. The company also
intends to reopen a second existing manufacturing facility in
Hlaing Thar Yar.
As the developed markets are nearing saturation, Coca-Cola is
showing a keen interest in developing and emerging markets. The
developing and emerging markets have significant growth potential
due to their relatively low per-capita consumption. The
burgeoning middle class with rising income levels also promises
significant growth opportunities, as demand for convenience food
and beverages has increased considerably.
Currently, 43% of the company's business is generated in
developed markets (the U.S., Western Europe, Australia and
Japan), 37% in developing nations and 20% in emerging markets.
Due to the higher-growth rates in emerging and developing
markets, the company believes each of these geographic segments
will contribute 33% of the company's business by the end of
The Coca Cola Company carries a Zacks Rank #3 (Hold).
Some other consumer staple stocks that are worth a look
Flower Foods Inc.
) carrying a Zacks Rank #1 (Strong Buy), and
The WhiteWave Foods Company
H. J. Heinz Company
) holding a Zacks Rank #2 (Buy).
FLOWERS FOODS (FLO): Free Stock Analysis
HEINZ (HJ) CO (HNZ): Free Stock Analysis
COCA COLA CO (KO): Free Stock Analysis Report
WHITEWAVE FOODS (WWAV): Free Stock Analysis
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