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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.

AB InBev, others mull bid for StarBev — sources

Anheuser-Busch InBev NV and other beer brewers are mulling a potential acquisition of StarBev, the owner of Czech lager Staropramen, sources familiar with the situation said on Tuesday.

A deal could be valued at roughly $3 billion, The Wall Street Journal said in its online edition.

CVC Capital Partners has owned the brewer since buying it from AB InBev in December 2009. CVC declined to comment.

This is an asset for sale in a rapidly consolidating industry where there are few, one source said. "CVC wants to sell," said the source, who declined to be named. The source was not authorized to speak to the media.

Other brewers expected to weigh an offer for the business include SABMiller PLC, Carlsberg A/S and Heineken NV, as well as Molson Coors Brewing Co of the United States and Japan's Asahi, and other private-equity firms, The Wall Street Journal said.

A second source, who also declined to be named, said some potential bidders like SABMiller and Heineken may face antitrust issues if they pursue StarBev.

That source also questioned whether ABInBev would want to acquire the business again after shedding it in 2009.

Molson Coors and SABMiller declined to comment. Asahi, SABMiller, Carlsberg, Heineken and ABInBev could not be immediately reached for comment. StarBev also was not immediately available for comment.

Meanwhile, ABInBev and Tsingtao Brewery are among several companies weighing an offer for the brewery operations of China's Kingway Brewery Holdings Ltd, the newspaper said.

Tsingtao and Kingway were not immediately available for comment.

23 Фев. 2012



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