Asahi Group Holdings Ltd, the Japanese brewer that’s buying European beer brands worth US$2.9bil from Anheuser-Busch InBev NV, posted its highest-ever first-quarter sales as demand for its alcoholic beverages rose. (more…)
Against the reduction of the company’s own sales that has already become regular, the international giants will fight for the youth audience, where craft beer is gaining popularity, the Kommersant newspaper writes. (more…)
Anheuser-Busch InBev NV accepted Asahi Group Holdings Ltd.’s offer to buy the Peroni, Grolsch and Meantime beer brands for 2.55 billion euros ($2.9 billion), clearing another hurdle in for the European brewer’s efforts to win regulatory approval for the purchase of SABMiller Plc. (more…)
While big Chinese brewers have seen sales slip amid a broad market downturn, Belgium-based Anheuser-Busch InBev’s savvy marketing has helped it buck the trend. (more…)
Folks in Vietnam sure do like a cold one. Since gaining broad popular appreciation in the 1990s, beer sales have soared and the country has become one of the largest per capita consumers in the region. (more…)
Beer imports surged 43 per cent last year in South Korea, as consumers, among the most enthusiastic beer drinkers in Asia, move beyond often-bland local lagers.
South Korean beer drinkers are drinking to the more robust flavours of imported brands, encouraged in part by attractive discounts for multi-packs – so much so that local brewers are crying foul over pricing tactics and have asked for government help. (more…)
The Chinese beer market is the world’s largest, yet it is experiencing negative volume growth after growing continuously for the past 24 years, according to China Alcoholic Drinks Association (CADA). Industry insiders say domestic beers have to look for new strategies to stimulate their growth in the next three to five years. (more…)
If a combination of Anheuser Busch InBev and SABMiller could prompt the mega-brewer to focus on its bigger brands and see a massive worldwide distribution, then it should also be the case for Malaysian-listed Guinness Anchor Bhd (GAB), whose major shareholder now is the second largest beer group in the world by volume, Heineken NV. (more…)
The Chinese beer market is controlled by five major producers: Snow Beer, Tsingtao, Anheuser-Busch InBev, Yanjing and Carlsberg. Due to the short shelf-life of beer, high transport costs and regional characteristics the brewing companies seek first to consolidate its position in the market of a particular province, to increase the profit at the local level, and then to expand the production. (more…)
“Studies show that from 2010 to 2015, craft beer in China has grown in market share by about 23 percent,” Donnie Everts, vice president of international development for World of Beer tells FOXBusiness.com. (more…)
