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. ...
SABMiller Takeover of Foster’s Would Benefit Both Companies, Moody’s Says
SABMiller, the world’s second-largest brewer by volume, would get access to a profitable cash-generating business and reduce its reliance on developing markets, Moody’s said in an e-mailed report today. Melbourne-based Foster’s would benefit from being part of a materially larger and higher-rated company, Moody’s said.
Foster’s rejected SABMiller’s conditional cash offer last week as too low, in what would be the biggest takeover in the beer industry since 2008. London-based SABMiller said it would pursue Foster’s as it seeks a brewer with about half the Australian market and the top-selling brew in Victoria Bitter.
“SABMiller has historically been an acquisitive company with a good track record at integrating purchased assets,” Yasmina Serghini-Douvin and Maurice O’Connell, Moody’s analysts, wrote in the report. “If the acquisition proceeds, it would be credit positive for both companies with expected benefits in terms of diversification, scale and cost savings.”
Moody’s rates Foster’s Baa2, two levels above junk status. SABMiller is rated one level higher at Baa1.
The offer by SABMiller “significantly undervalues” Foster’s, the Australian brewer said June 21.
An acquisition of Foster’s would be SABMiller’s biggest, giving the maker of Peroni and Grolsch seven of Australia’s top 10 selling beers. It would be the biggest takeover of a beermaker since 2008, when InBev NV acquired St. Louis-based Anheuser-Busch Cos. for $52 billion to form Anheuser-Busch InBev NV, the world’s largest brewer by volume.
28 Июн. 2011