{"product_id":"ab-inbev-pestle-analysis","title":"Anheuser-Busch InBev PESTLE Analysis","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSkip the Research. Get the Strategy.\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eUnpack how political pressures, shifting consumer trends, and regulatory scrutiny are reshaping Anheuser-Busch InBev’s prospects in our concise PESTLE snapshot—perfect for investors and strategists who need fast, actionable context; download the full PESTLE analysis now for a comprehensive, ready-to-use report that powers smarter decisions.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eolitical factors\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGeopolitical Trade Stability\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOperating in over 50 countries as of late 2025, AB InBev is highly exposed to shifting trade agreements and tariffs that can affect margins across markets; in 2024 export duties and tariffs contributed to a 1.8% headwind to COGS in select regions. Trade tensions between major economies threaten supply of aluminum and barley—aluminum futures rose ~22% in 2024—raising packaging and input costs. AB InBev mitigates risk via localized sourcing and supply contracts and by strengthening diplomatic and commercial ties in high-growth regions such as Africa and Asia, which accounted for roughly 28% of revenue in 2024.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Excise Tax Fluctuations\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eGovernments frequently adjust excise taxes on alcohol to raise revenue or curb consumption, directly affecting affordability and sales volumes; for example, excise hikes in Nigeria and Brazil in 2024 lifted average retail prices by 6–12%, trimming volume growth. By end-2025 several emerging markets adopted tiered taxes favoring lower-alcohol products, shifting consumption toward low-ABV SKUs and reducing excise per litre by up to 30% for those tiers. AB InBev mitigates this by diversifying across price points and tax brackets—low-ABV, value and premium brands—helping protect margins and offsetting localized tax impacts on EBITDA. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRegulatory Stability in Emerging Markets\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eA significant portion of AB InBev’s growth comes from Latin America and Africa, which together accounted for about 34% of 2024 revenue; political volatility in these regions can prompt abrupt regulatory changes affecting licensing, distribution rights and land use for breweries. Leadership turnovers in countries like Brazil and Nigeria have recently led to revised taxation and permit timelines, increasing compliance costs. AB InBev relies on localized management teams to monitor regional political cycles and maintain operational continuity.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAlcohol Control Legislation\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003ePolitical pressure to curb harmful drinking has driven stricter rules on sales hours, location bans, and marketing limits across jurisdictions; in 2024–25 several EU countries and Canadian provinces tightened point-of-sale and outdoor advertising rules, reducing on-premise hours by up to 15% in affected locales.\u003c\/p\u003e\n\u003cp\u003eBy 2025 many European and North American regions implemented rigorous nutritional and alcohol-content labeling; IBUs report incremental compliance costs estimated at €120–180 million for major brewers in 2024–25.\u003c\/p\u003e\n\u003cp\u003eAnheuser-Busch InBev actively lobbies and funds responsible-drinking programs, partnering with governments to influence policy while defending commercial interests; AB InBev spent approximately $22 million on government relations in key markets in 2024.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eStricter sales\/marketing rules in 2024–25; up to 15% reduced hours in some areas\u003c\/li\u003e\n\u003cli\u003e2025 labeling mandates raised compliance costs €120–180m for large brewers\u003c\/li\u003e\n\u003cli\u003eAB InBev government relations spending ~ $22m in 2024\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLobbying and Public Policy Influence\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eAB InBev actively lobbies for fair competition and industry-friendly agricultural policies, spending about 12.4 million USD on global lobbying in 2024 to protect input costs and market access.\u003c\/p\u003e\n\u003cp\u003eBy late 2025 the company has reallocated part of this effort toward lobbying for infrastructure investments in developing markets to reduce average regional logistics costs, which can be up to 25% of COGS in Africa and parts of Asia.\u003c\/p\u003e\n\u003cp\u003eThese targeted policy engagements aim to secure a competitive edge where high logistics expenses erode margins, helping sustain global EBITDA, which was 24.1% in FY 2024.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2024 lobbying spend ~12.4M USD\u003c\/li\u003e\n\u003cli\u003eLogistics can be ~25% of COGS in target regions\u003c\/li\u003e\n\u003cli\u003eFY24 EBITDA 24.1%\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePolitical headwinds squeeze AB InBev: tariffs, excise, labeling \u0026amp; logistics hit margins\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003ePolitical risks—trade tariffs, excise hikes, marketing\/labeling rules and regional instability—raised AB InBev costs and compliance burdens in 2024–25; impacts include ~1.8% COGS headwind from trade duties, excise-driven retail price rises of 6–12%, €120–180m labeling costs, lobbying spend ~$12.4–22m, and logistics up to 25% of COGS, with FY24 EBITDA 24.1%.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024–25\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eCOGS headwind (trade)\u003c\/td\u003e\n\u003ctd\u003e~1.8%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eExcise price impact\u003c\/td\u003e\n\u003ctd\u003e6–12%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLabeling cost\u003c\/td\u003e\n\u003ctd\u003e€120–180m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLobbying spend\u003c\/td\u003e\n\u003ctd\u003e$12.4–22m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLogistics of COGS\u003c\/td\u003e\n\u003ctd\u003eup to 25%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFY24 EBITDA\u003c\/td\u003e\n\u003ctd\u003e24.1%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eExplores how external macro-environmental factors uniquely affect Anheuser‑Busch InBev across six dimensions—Political, Economic, Social, Technological, Environmental, and Legal—using current data and trends to identify risks and opportunities for strategic and operational decision-making.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eA concise PESTLE summary of Anheuser‑Busch InBev that’s visually segmented for quick interpretation, ideal for dropping into presentations or sharing across teams to streamline external risk discussions and strategic planning.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eE\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003economic factors\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInput Cost Inflationary Pressures\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eInput cost inflationary pressures remain material for AB InBev entering 2026: malt and hop prices rose about 18% and 22% YoY in 2024–25 respectively, while global glass container costs climbed nearly 15% over the same period, squeezing gross margins.\u003c\/p\u003e\n\u003cp\u003eFluctuating commodity costs force sophisticated hedging and procurement; AB InBev reported covering roughly 60–70% of its commodity exposure via forward contracts and options in 2025 to stabilize input costs.\u003c\/p\u003e\n\u003cp\u003eThe company’s scale enables long-term supplier contracts and volume discounts—capital expenditure and SG\u0026amp;A discipline offset some inflation, but persistent global CPI near 4–5% in 2024–25 continues to test cost-management effectiveness.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCurrency Exchange Rate Volatility\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eAs a USD-reporting global brewer, AB InBev faces material translation risk: FX moved reported 2024 revenue by about 5–7%, with BRL, MXN and ZAR volatility particularly impactful given Brazil, Mexico and South Africa together \u0026gt;30% of EBITDA in recent years.\u003c\/p\u003e\n\u003cp\u003eDollar strength in 2024 reduced reported EPS despite positive organic volume\/mix; management noted FX headwinds of ~€0.10–0.15 per share in FY24 guidance updates.\u003c\/p\u003e\n\u003cp\u003eFinancial teams deploy layered hedging—forwards, options and cross-currency swaps—covering a rolling 12–24 month exposure to stabilize cash flow and support more predictable shareholder returns.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eConsumer Disposable Income Trends\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cpeconomic cycles shift purchases between premium and value beers by end-2025 global disposable income divergence saw demand hold in mature markets while brands led recovering economies with real growth at about imf forecasts showing for advanced emerging ab inbev multi-tier brand strategy captures spend across levels reflected volume segment gains latin america africa.\u003e\n\u003c\/peconomic\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDebt Servicing and Interest Rates\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eFollowing years of aggressive acquisitions, managing interest on AB InBev’s long-term debt is a strategic priority as net debt stood near $90 billion by end-2025, with debt-to-EBITDA around 3.6x after targeted deleveraging.\u003c\/p\u003e\n\u003cp\u003eHigher global interest rates in 2024–2025 increased annual interest expense, forcing disciplined capital allocation and a focus on maximizing free cash flow to accelerate paydown and improve the company’s credit profile (S\u0026amp;P\/credit metrics improving vs prior year).\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eNet debt ≈ $90bn (end-2025)\u003c\/li\u003e\n\u003cli\u003eDebt\/EBITDA ≈ 3.6x\u003c\/li\u003e\n\u003cli\u003ePriority: free cash flow growth to cut interest burden\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGrowth in Emerging Economies\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eThe long-term outlook for brewing depends on rising middle classes in Southeast Asia and Africa, where urbanization and branded-beverage preference drive volume growth; IMF projects 2024-25 GDP growth of ~5% in Sub-Saharan Africa and 4–5% in Southeast Asia supporting consumption gains.\u003c\/p\u003e\n\u003cp\u003eAB InBev reported 2024 investment increases in APAC \u0026amp; Africa, expanding distribution and local brands to capture frontier market share and leverage demographic tailwinds.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eFrontier volume growth: Southeast Asia \u0026amp; Africa\u003c\/li\u003e\n\u003cli\u003eIMF 2024 GDP: ~5% Sub-Saharan Africa, 4–5% Southeast Asia\u003c\/li\u003e\n\u003cli\u003eAB InBev: increased 2024 regional CAPEX to expand distribution\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAB InBev: Margin squeeze from commodities\/FX; deleverage via FCF as APAC\/Africa drive growth\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eInput inflation (malt +18%, hops +22%, glass +15% YoY 2024–25) and ~4–5% CPI pressured margins; AB InBev hedged ~60–70% commodity exposure in 2025. FX moved 2024 revenue ~5–7%; FX headwind ~€0.10–0.15\/share. Net debt ≈ $90bn, Debt\/EBITDA ≈3.6x; focus on FCF to deleverage. Growth driven by APAC\/Africa (IMF 2024 GDP ~5% SSA, 4–5% SE Asia).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eMalt\/hops\/glass YoY\u003c\/td\u003e\n\u003ctd\u003e+18%\/+22%\/+15%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCommodity hedge\u003c\/td\u003e\n\u003ctd\u003e60–70%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFX revenue impact 2024\u003c\/td\u003e\n\u003ctd\u003e5–7%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNet debt (end-2025)\u003c\/td\u003e\n\u003ctd\u003e$90bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDebt\/EBITDA\u003c\/td\u003e\n\u003ctd\u003e3.6x\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003ePreview Before You Purchase\u003c\/span\u003e\u003cbr\u003eAnheuser-Busch InBev PESTLE Analysis\u003c\/h2\u003e\n\u003cp\u003eThe preview shown here is the exact Anheuser-Busch InBev PESTLE Analysis document you’ll receive after purchase—fully formatted, professionally structured, and ready to use.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"MatrixBCG","offers":[{"title":"Default Title","offer_id":56751979987321,"sku":"ab-inbev-pestle-analysis","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0911\/3554\/1625\/files\/ab-inbev-pestle-analysis.png?v=1772236702","url":"https:\/\/matrixbcg.com\/products\/ab-inbev-pestle-analysis","provider":"MatrixBCG","version":"1.0","type":"link"}