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4-2017

Global hop market

A local alternative to mass beer suggested by independent brewers has been successful and is now altering the global market. Beer is becoming more diversified, so transnational companies have to accept the new game rules and to switch focus to young and fast growing markets. All these processes increased the demand for aroma and bitter hop as well as their acreage expansion on two continents. However now there appeared a downward trend of alcohol consumption in the world, so even special sorts can soon turn to be sufficient. In this connection the dynamic American hop market is already facing some problems. EU hop producers have become more cautious, they are not racing to exceed the demand and look forward with more confidence, judging by the contract terms. 

Hop Market in Russia

Germany still dominates the Russian market, yet over the recent two years one has been able observe a continuous success of Czech hop suppliers. Their expansion and growing popularity of hops from the United States became the drivers of supplies growth in 2016 despite the preceding modest harvest crop in the EU, as well as the factor of relative stability in 2017. In this connection, in 2017, the ratio of the varieties continued to shift towards the aroma ones, and the supplies of Magnum hop and other alpha varieties were reduced. However, the import of bitter hop pellets is partially replaced by extracts, especially from the major beer manufacturers. Total volumes of alpha acid supplies, according to our estimation, decreased by approximately 5% and returned to the level of 2015. Barth Haas Group continues dominating the hop products market; HVG also increased its weight. At the same time, Morris Hanbury significantly reduced the supplies in 2017.

Coors Light Continues Successful Expansion Across Latin America & Caribbean

As part of its ongoing global growth strategy, Molson Coors Brewing Company (NYSE: TAP) announced today that it has introduced Coors Light to beer drinkers in the Dominican Republic. The Dominican Republic is the largest beer market in the Caribbean, with the light beer category estimated to make up more than half of the country’s overall beer volume.
“We are excited about the opportunity to bring the world's most refreshing beer to beer drinkers in this beautiful country. The introduction of Coors Light to the Dominican Republic is perfectly timed with the market’s growing enthusiasm for American beer and the unique drinking experience provided through our cold activation technology. And given the fact that the brand is already wildly popular within Dominican communities across the US, we are optimistic about its success in their home country,” said Mauricio Cardenas, chief officer for Latin America, Central America & Caribbean (LACA), Africa and Russia.
Retailers across the Dominican Republic will now carry Coors Light bottles and cans. All packages will feature mountains on the Cold Activated label that turns blue when Coors Light has been chilled to the perfect temperature for ice cold refreshment. According to Coors Light research, consumers want to know when their beer is cold enough to drink. To meet that need, Coors Light introduced the Cold Activated Bottle in the U.S. in 2007, the latest in a long line of innovations and packaging enhancements that have been a hallmark of Molson Coors beers.
Rob Borland, chief marketing officer for Molson Coors International stated, “The popularity of light, refreshing beer is growing globally, and Coors Light is well positioned to meet the demand. In fact, Coors Light is now one of the fastest growing international beer brands worldwide due to its distinctive brand positioning as a light, easy-to-drink, cold and refreshing beer – which we bring to life like no one else though our packaging innovations. Coors Light is now available in almost 30 countries around the world and we look forward to bringing this winning brand to even more countries across Latin America and the Caribbean in the future.”

22 Mar. 2011

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