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 Revenue Beats Estimates on Premium Beer Demand
Revenue at the maker of Grolsch and Peroni rose 8 percent on an organic basis, which excludes the effects of acquisitions and disposals, the London-based company said today in a statement. That was ahead of the 6.5 percent median estimate of 11 analysts surveyed by Bloomberg News.
The report shows price increases and an appetite for more premium tipples buoyed sales in Latin America, one of SABMiller’s biggest regions, even as cold weather in China and lackluster consumer spending in Europe damped demand for thirst- quenching lagers, causing volume growth to miss analyst estimates. SABMiller’s shares rose as much as 1.4 percent in London trading to 3,000.5 pence.
“We think the revenue beat will offset the volume miss,” Anthony Bucalo, an analyst at Banco Santander SA in London, wrote in a note today. Santander recommends buying the stock.
SABMiller gets most of its revenue from emerging markets including Latin America and Africa, where volume rose 6 percent and 4 percent, respectively. The brewer said in November that it had seen “moderation of economic growth” in some countries, though emerging-market growth potential remained strong.
“The positive surprises come in high-margin areas and the misses in low ones” in the report, analysts at JPMorgan Chase & Co. in London wrote in a note.
So-called organic lager volume increased 2 percent in the third quarter, lower than the 3 percent median estimate of analysts surveyed by Bloomberg News.
Volume in Europe gained 1 percent, less than the 5 percent median analyst estimate, as markets including Poland and the Czech Republic suffered “depressed consumer confidence,” the company said. Volume in the Asia-Pacific region showed an unexpected 1 percent decline, missing the median estimate for a 5 percent gain, as China’s wet weather depressed spending. China represents about 20 percent of group volume, but only 2 percent of profit, according to analysis by UBS AG.
SABMiller bought Foster’s Group Ltd. in 2011 for about A$10.5 billion ($11.1 billion), which boosted first-half earnings in Asia. The Australian brewer has higher margins than SABMiller, which is aiming to increase sales of pricier, more profitable beers in that country as volumes wane.
Australian volume slid 4 percent in the quarter, an improvement from the first half’s 8 percent decline. Volume fell 15 percent including the loss of some discontinued brands.
Sales to wholesalers at the company’s U.S. joint venture MillerCoors LLC dropped 1.4 percent, according to the statement. South Africa, where the brewer was founded, showed a 3 percent increase in volume, ahead of estimates.
23 Янв. 2013