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. ...
Asahi Said to Be Near Agreement to Buy Independent Liquor for $1.2 Billion
A deal may be announced as early as Aug. 18, said the people, who asked not to be identified because the discussions are private. Takayuki Tanaka, a spokesman for Asahi in Tokyo, declined to comment. A transaction of that size would be Asahi’s biggest, according to data compiled by Bloomberg.
Japanese beverage makers including Asahi and Kirin Holdings Co., the country’s biggest by market value, are expanding abroad as a declining and aging population hurts domestic demand for beer and soft drinks. A strengthening yen, which hit a postwar record of 76.25 to the dollar in March, boosts Japanese companies’ buying power abroad.
“Japan’s market is mature, so it is inevitable for Japanese brewery companies to seek M&A chances overseas,” Mitsushige Akino, who oversees about $600 million in Tokyo Ichiyoshi Investment Management Co., said by telephone.
Asahi submitted a bid for Independent Liquor on Aug. 4, a person familiar with the matter said the following day. Independent Liquor, owned by Unitas Capital Pte. and Sydney- based Pacific Equity Partners, distributes brands including Woodstock bourbon, Whyte & Mackay scotch, Carlsberg and Tuborg beers as well as pre-mixed drinks in New Zealand and Australia.
Amanda Lee, a spokeswoman at Financial Dynamics, Pacific Equity Partners’ external media adviser, declined to comment on a possible sale of Independent Liquor.
Asahi declined 0.1 percent to close at 1,588 yen in Tokyo trading. The stock has gained 1 percent this year, compared with a 13 percent slide in the broader Topix index.
The brewer’s biggest acquisition has been its purchase of Cadbury Plc’s Schweppes Beverages business in Australia for 550 million pounds, or about $808 million at the time, which was completed in April 2009.
Asahi has lagged behind Kirin, Japan’s biggest beverage maker by market value, in expanding overseas. Asahi has spent more than $2 billion abroad in the past five years, compared with Kirin’s more than $12 billion, according to data compiled by Bloomberg.
Kirin on Aug. 2 paid 3.95 billion reais ($2.5 billion) to gain a stake in Schincariol Participacoes e Representacoes SA, Brazil’s second-largest beermaker.
Asahi last month agreed to buy the water and juice businesses of P&N Beverages Australia Pty Ltd. and New Zealand drink maker Charlie’s Group Ltd. (CHA) for $309 million to expand overseas as sales growth declines at home.
“Developing markets like Brazil or India are still volatile, so I think it is safer and easier for Asahi to focus on Oceania,” Akino of Ichiyoshi Investment said.
Kirin made more than 23 percent of its 1.7 trillion yen in 2010 sales abroad, while Asahi generated 6.6 percent of its 1.5 trillion sales in the same period overseas, according to data compiled by Bloomberg.
The yen traded at 76.87 as of 5:01 p.m. in Tokyo. The Japanese currency may rise past the record it reached in March, spurred by investor flight to haven assets, Eisuke Sakakibara, formerly Japan’s top currency official, said yesterday.
Group of Seven nations jointly sold the yen on March 18, the day after it reached an all-time high amid speculation Japanese companies would repatriate funds to cope with a record earthquake days earlier. Japan unilaterally sold its currency on Sept. 15 in its first intervention since 2004.
17 Авг. 2011