It may come as a surprise to most, but modern Oktoberfest starts in September, rather than during the month it is named after, October. This year, the world’s largest beer festival started on September 17 in Munich, Germany, and will last until October 3. (more…)
While USL hasn’t tweaked the alcohol content to make the new product less potent, there could be a consumer perception of it being a tempered down whiskey. (more…)
Authorities in Mandalay Region have recorded more than 350 cases of illegal alcohol sales through August of this year, with the annual total headed for a significant drop for the second straight year. (more…)
SABECO is seeking approval for stock listing.
Thai Beverage (ThaiBev) is setting its sights on a stake in Vietnam’s largest brewer SABECO (Saigon Beer, Alcohol, Beverage Corporation). (more…)
Shares of United Breweries Ltd surged nearly 6 percent today after Heineken International BV increased its stake in the company by buying shares worth Rs 152 crore.
The scrip rose 5.91 percent to end at Rs 877 on BSE. During the day, it soared 7.15 percent to Rs 887.30
At NSE, shares of the company jumped 5.76 percent to close at Rs 876.50. (more…)
Microbreweries are pushing the envelope when it comes to developing unique flavoured brews — experimenting with fruits such as jackfruit and kiwi. (more…)
Analysis of beer market in China
China’s transition to a “new normal” reality backfired on the brewing industry unexpectedly. Stagnation and subsequent market decline resulted from dynamic social and economic changes. There has emerged a “two speed” market where the medium class significance is growing, yet the share of main beer consumers, “blue collar” is decreasing. Also the inflow of consumers is shrinking, as demographics stopped being a growth driver. Finally, beer is giving way to other alcohol drinks.
Carlsberg Group ranks fifth by the sales volumes in China. The company is referred to as King of the West as it owns the “controlling stake” of the beer market on huge but sparsely-populated territories of the Western China. (more…)
Beijing Yanjing Brewery Co., Ltd. (further Yanjing Beer) was founded in 1980 and is the only big brewing company, which never had connections with transnational groups.
On the Chinese market the world giant is represented by subdivision Anheuser-Busch InBev China Co., Ltd. which controls the activity of 16 subsidiaries and joint ventures. They are responsible for beer production and distribution throughout the country managing nearly 50 breweries with the net capacity of 91 mln hl*. Two national and one international brand by AB InBev are well known in China today: Budweiser, Harbin, and Sedrin together account for nearly 73% of the companies’ sales. (more…)