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. ...
Competition bubbles as Vietnam sells state brewers
Vietnam ranks 11th in the world for beer consumption, according to 2014 data compiled by leading Japanese brewer Kirin Brewery. In Asia, it is the third-largest imbiber after China and Japan, which place first and seventh, respectively, in the world.
Beer consumption in Vietnam increased 6% in 2014 from the previous year, the largest gain among high-ranked nations, Kirin said.
Demand for beer is expected to continue growing in the country in light of population increases and the emergence of the middle class.
Tapping the keg
The Vietnamese government has an 89.6% stake in Saigon Beer Alcohol Beverage and an 82% stake in Hanoi Beer Alcohol Beverage. Together, the two companies account for around 60% of market share in the country. As part of its reform of state-run enterprises, the government will sell a 53.6% stake in Saigon Beer this year and the remaining 36% stake in 2017. It will sell its entire interest in Hanoi Beer by the end of this year.
Kirin and two other major Japanese brewers, Asahi Group Holdings and Sapporo Breweries, are looking to acquire both Vietnamese companies.
Sapporo began operating a brewery on its own in Vietnam in 2011 and has since been selling its high-end Sapporo Premium beer. It put a lower-priced product, called Blue Cap, on the local market earlier this year.
But as Sapporo has yet to capture a major share of the Vietnamese market, it hopes to acquire stakes in Saigon Beer and Hanoi Beer in order to boost sales. Sapporo President Tsutomu Kamijo is considering ways to get involved in management of the two Vietnamese brewers, including proposing joint ventures and offering entry into the Sapporo group.
Kirin Holdings, which acquired the largest brewer in Myanmar last year, is looking to expand operations in Southeast Asia, while Asahi hopes to catch up with Kirin in international operations through the Vietnamese stakes.
The three Japanese brewers "should be evaluated for their strategy of capitalizing on the growth of the Vietnamese market," an analyst said.
Suntory Holdings, another leading Japanese brewer, maintains a cautious stance on the Vietnamese market as it is busy integrating operations with Beam, the American spirits maker it acquired in 2014.
The cost of acquiring the Vietnamese brewers, however, stands as an obstacle. Stakes in the two local brewers are expected to cost some 200 billion yen ($1.86 billion).
Sapporo has made two large acquisitions to date, spending some 30 billion yen each to take over Canadian brewer Sleeman Breweries in 2006 and Japanese beverage maker Pokka in 2011.
Asahi acquired four European brewers, including Italy's Peroni Brewery, for around 290 billion yen. It is also considering a plan to spend more than 500 billion yen on the acquisition of five Eastern European brewers.
Kirin is shifting its priority to the rehabilitation of unprofitable units, including the domestic soft drink business and operations in Brazil.
The Vietnamese stakes look to be a high hurdle for Japanese brewers because of acquisition costs and each company's current strategies and financial condition. But one idea floated is to team up and form a consortium.
While Danish brewer Carlsberg has an interest of nearly 20% in Hanoi Beer, Anheuser-Bush InBev of Belgium, the world's largest brewer, is also interested in placing the two Vietnamese companies under its wing.
Vietnam's beer market is looking bubbly indeed.
15 Ноя. 2016