The Challenges Facing the Global Brewing Industry. Kevin Baker Account Director, Alcoholic Beverages
|
|
- Lambert Atkinson
- 7 years ago
- Views:
Transcription
1 The Challenges Facing the Global Brewing Industry Kevin Baker Account Director, Alcoholic Beverages
2 Canadean Founded in 1973 Dedicated to Beverage & Allied Industries More than 140 Employees Worldwide The Leading Global Beverage Research Company
3 Agenda The Context The Global Beer Market Consolidation in Global Brewing After S&N and A-B The New Competitive Landscape PET Opportunity or Threat? Easy-To-Drink Targeting the Coke & Pepsi Generation The Credit Crunch
4 Global Overview
5 Global Beer Market Steady Growth World Beer Market Growth, P 2000 MHLS P CAGR = 3.3%
6 Asia & Eastern Europe Drive Growth Incremental Volume by Region, P Africa Asia Australasia Latin America East Europe MENA North America West Europe MHLS
7 Driven by China and Russia CAGR 5.2% 15.5% 7.0% 19.2% 2.0% 9.1% 7.6% 3.9% 1.1% 22.8% China Russia Brazil Ukraine Mexico Thailand Poland Spain USA Nigeria Leading Growth Markets (>1mhl), Incremental Volume, P China & Russia account for 60% of all incremental volume growth MHLS
8 Major Markets in Decline CAGR Leading Declining Markets (>1mhl), Incremental Volume Loss, P -1.0% -0.9% -0.2% -2.3% -2.3% -0.3% -5.2% -0.4% -1.4% -0.8% Germany UK Japan France Denmark Belgium Zimbabw e Sw eden New Zealand Netherlands MHLS
9 CONSOLIDATION IN GLOBAL BREWING
10 Global Consolidation Top 10 Brewers All Others 66% % % 59%
11 The World s Top 10 Brewers in 1998 Rank 1. Company Anheuser-Busch Volume (mhls) Heineken Miller Brewing SAB AmBev Interbrew Modelo Kirin Coors Asahi 27.5
12 The World s Top 10 Brewers 2008P Rank 1. Company Anheuser-Busch InBev Volume (mhls) SABMiller Heineken Carlsberg China Resources Breweries Modelo Tsingtao MolsonCoors FEMSA Yanjing
13 Major Mergers & Acquisitions
14 Breweries Acquired by Global Brewers since 1998 Note: Selected Companies Only - not comprehensive!!
15 Heineken In an Acquisitive Mood! Heineken Investor Presentation, June 2008
16 The Big Four
17 AFTER S&N + A-B THE NEW COMPETITIVE LANDSCAPE
18 Carlsberg/Heineken acquisition of S&N Value of Deal was 7.8 billion, split between Carlsberg (54%) and Heineken (46%) Heineken now have the distribution and the revenue stream to return the Heineken brand to the upper echelon of UK beer brands Heineken have a powerful addition to the portfolio in the shape of Foster s in Europe Heineken also have a major stake in the Indian beer market (but potential issues re: APB?) Unresolved questions over Beamish & Crawford - monopoly implications re: Murphy s and Hartwall - do Heineken want/need it?
19 Carlsberg/Heineken acquisition of S&N What will Carlsberg do with Kronenbourg? Are they over-fixated on BBH? Deal is a perfect fit, but therefore limited scope for cost reductions/plant closures etc Carlsberg could be in trouble if Russian bubble bursts!
20 S&N Who Got What! Heineken Carlsberg
21 S&N Who Got What Brands Carlsberg Heineken
22 InBev acquisition of A-B Value of Deal was $52 billion, the largest ever acquisition in the beer industry Combined volume is more than double SABMiller s (even if CRE volumes are included volume is still 150 mhl greater!) InBev gain an iconic brand in Bud, but can they succeed in the global market where A-B failed? Acquisition of A-B s china operations will put InBev within a whisker of market leadership Modelo are claiming veto rights and will probably seek a way to buy back A-B s 50% stake at a low price
23 Global Consolidation Top 10 Brewers All Others 47% Before 41% After 53% 59%
24 The World s Top 10 Brewers - Before Rank 1. Company InBev Volume (mhls) SABMiller Anheuser-Busch Heineken China Resources Breweries Modelo Tsingtao Carlsberg MolsonCoors BBH 44.6
25 The World s Top 10 Brewers - After Rank 1. Company Anheuser-Busch InBev Volume (mhls) SABMiller Heineken Carlsberg China Resources Breweries Modelo Tsingtao MolsonCoors FEMSA Yanjing
26 BEER IN PET OPPORTUNITY OR THREAT?
27 Beer in PET PET accounted for 90% of all incremental beverage volume over the last 5 years PET dominates the Water, Carbonates, Iced Tea and Sports Drinks markets Beer in plastic is a reality
28 Beer in PET Beer in PET still dominated by large packs of cheap beer in Russia, Ukraine and Romania One of the key drivers behind the growth of PET as a pack for water and carbonates resealability is not an issue for beer Although many brewers have tested small PET packs, the economics have yet to add up
29 Positively PET (in Spain) PET promoted as a positive Future Unbreakable
30 Beer in PET Global Volume Growth 000 s HL Volume Growth P P Global volume now approaching 80 mhl
31 Beer in PET Key Markets Romania 11% Ukraine 10% Serbia 5% South Korea 4% Russia 57% Others 2% Germany 3% Bulgaria 3% Lithuania 1% Latvia 1% Estonia USA 1% 1% Spain 1% Russia, Romania & Ukraine alone account for almost 80% of all Beer in PET
32 Germany boosts West Europe 000 s HL West Europe PET Beer Volume Growth German packaging legislation drives PET growth in West Europe
33 But disappointing outside of Germany 000 s HL PET Volume Growth in West Europe (exc. Germany) Growth from 2005 almost entirely due to Spain
34 Germany : Has PET Failed the Test? Germany: Beer Consumption by Pack Type, % Share % 80% German Packaging Ordinance was introduced in 2002 requiring cans to be liable to a deposit 60% 40% 20% 0% Glass Cans PET As a result can sales slumped dramatically However despite the introduction of PET bottles by many brewers, consumers seemed to prefer glass and PET has only achieved minimal share
35 Fill them High and Sell Them Cheap! Typical Russian high volume PET packs in Moscow kiosk
36 EASY TO DRINK TARGETING THE COKE & PEPSI GENERATION
37 Easy To Drink Easy To Drink Mild Beers Wheat Beer FAB s Cider Lower Alcohol Flavoured Beer Beer Mixes
38 Mild Beers Many German brewers launched mild versions of their brands These beers are less bitter and easier-todrink Aimed at recruiting younger drinkers with palates more used to sweet tastes However sales peaked in 2006 and most brands are now in decline
39 Wheat Beers Weizen is traditionally a Bavarian speciality It is one of the few sectors of the German Beer market to record consistent growth despite relatively high price Main reasons for success include refreshing taste, natural image, and Bavarian heritage
40 FAB s FAB s combining alcohol delivery with sweet fruity soft flavours were the original alcohol crossover category Although the market appears to have peaked it is too early to write off FAB s The key product features of FAB s fulfil a clear consumer need for sweet, bottled alcohol at around 5%Abv
41 Have FAB s Peaked? Global Market for FAB's, F Million Litres Note : Figures exclude Chu-Hi in Japan P CAGR = 12.1%
42 Cider Cider is an established part of the UK alcohol market The sector grew by almost 12% in 2006 due to the success of the Irish Magners brand and a wave of new brands The key ingredient of success has been the serving of cider over ice
43 Lower Alcohol A number of UK brewers are actively promoting lower strength beers Key drivers are health/obesity concerns and drink driving Although the lower alcohol content is explicit to the brand message, they are not promoted as Low Alcohol
44 Flavoured Beer There is a long tradition of flavoured beers in Belgium, with products such as Kriek (Cherry beer) In an attempt to capture the same market as FAB s brewers have updated existing products (ExtraKriek) and launched a number of products flavoured either with fruit or alcohol (e.g. Desperados)
45 Beer Mixes Almost every beer market has some history of sweetening beer with other drinks Lemonade is the most popular and occurs as Shandy (UK); Panach (France) and Radler/Alsterwasser (Germany/Austria) More recent is the Biermix phenomenon in Germany which appeals to the same targets as FAB s, and now accounts for over 5% of the market
46 THE CREDIT CRUNCH
47 Discount Retailers Take Share Discount retailers benefit at expense of upmarket retailers Not just value for money improved offering in recent years In Germany all growth is driven by discounters
48 Retailers pass on pain to suppliers Across the board there is pressure on producers from retailers Retailers demand that suppliers fund price promotions and discounts
49 On-Premise suffers more than Total Market On-Premise suffering a greater slowdown than total market Particularly in markets with marked price differentials Eating & drinking out hit as consumers cut back on non-essential expenditure
50 Mainstream Squeezed in Recessions Historically the mainstream has been squeezed in times of recession Premium brands that offer a genuine added value proposition perform well While discount brands benefit from consumers trading down
51 The Double-Whammy Reduced Consumer Spending Manufacturers are suffering from the double-whammy of reduced consumer spending (the credit crunch ) and escalating costs (raw materials, transport etc.) Higher Input Costs However there are indications that, so far, they have managed to pass increased costs on to consumers
52
Alcohol Consumption in Ireland 1986-2006 A Report for the Health Service Executive
Alcohol Consumption in Ireland 1986-2006 A Report for the Health Service Executive Prepared by Dr. Ann Hope This report should be referenced: Hope, A. (2007). Alcohol consumption in Ireland 1986-2006.
More informationEuropean Bottled Water - Overview. Stewart Macintosh 16 th June 2011
European Bottled Water - Overview Stewart Macintosh 16 th June 211 The Big Picture Global Bottled Water M Litres 18, 16, 14, 12, 1, 8, 6, 4, 2, 2 21 22 23 24 25 26 27 28 29 21 Top 15 Bottled Water Markets
More informationBeer in the Czech Republic
Beer in the Czech Republic Industry Profile Reference Code: 0144-0744 Publication date: December 2006 www.datamonitor.com Datamonitor USA 245 Fifth Avenue 4th Floor New York, NY 10016 USA Datamonitor Europe
More informationThe Acquisition of Harbin Brewery by Anheuser-Bush
The Acquisition of Harbin Brewery by Anheuser-Bush On May 2004 Anheuser-Bush, the giant US Beer company announced that it controlled 36% of Harbin Brewery the fourth largest Chinese brewer after the purchase
More informationHEINEKEN: Positioned for growth in Asia Pacific
What s Brewing Seminar HEINEKEN: Positioned for growth in Asia Pacific Roland Pirmez Region President, HEINEKEN Asia Pacific London 21 March 2014 Heineken NV Agenda HEINEKEN: Positioned for growth in Asia
More informationTrends in the global beer markets
14 Management review: Markets and strategy Trends in the global beer markets THE GLOBAL BEER INDUSTRY Brewing has historically been a local industry with only a few companies having a substantial international
More informationThe big pay turnaround: Eurozone recovering, emerging markets falter in 2015
The big pay turnaround: Eurozone recovering, emerging markets falter in 2015 Global salary rises up compared to last year But workers in key emerging markets will experience real wage cuts Increase in
More informationGoldman Sachs JBWere Private Wealth Management Forum 2006 Terry Davis Managing Director, CCA
Goldman Sachs JBWere Private Wealth Management Forum 2006 Terry Davis Managing Director, CCA 11 April 2006 1 Consistent delivery continues in margins, EPS and dividends Sales & EBIT % 1 Earnings per share
More informationHEINEKEN has once again demonstrated its ability to deliver a positive financial performance despite the challenging economic environment.
Overview The Quick Read Performance highlights 17,123 million Revenue +6.1% 2,697 million EBIT (beia) +2.8% 1,584 million Net profit (beia) +8.8% 164.6 million hectolitres Consolidated beer volume +12.8%
More informationSurface area of vineyards worldwide
O.I.V.1 IL MERCATO MONDIALE DEL VINO: SFIDE E OPPORTUNITA Fondazione Mach San Michele all Adige 9 gennaio 15 federico@castellucciconsulting.eu Area under vines Vitiviniculturalproduction potential: the
More informationGlobal payments trends: Challenges amid rebounding revenues
34 McKinsey on Payments September 2013 Global payments trends: Challenges amid rebounding revenues Global payments revenue rebounded to $1.34 trillion in 2011, a steep increase from 2009 s $1.1 trillion.
More informationChallenges of a small SSC in a Big company
Challenges of a small SSC in a Big company Agenda SABMiller / Plzeňský Prazdroj introduction PPAS SSC development Current Business Services and challenges we face Potential ways forward 1 SABMiller / Plzeňský
More informationBottled Water - Market Overview
Bottled Water - Market Overview July 2012 Disclaimer The following information is offered in good faith and represents an unqualified interpretation of a range of industry commentary and market data. It
More informationAgenda. Choice of Industry Industry Structure Competitive Landscape Survey Regulation Pricing Strategies Analysis and Recommendation
The Beer Industry 1 Agenda 2 Choice of Industry Industry Structure Competitive Landscape Survey Regulation Pricing Strategies Analysis and Recommendation WHY THE BEER INDUSTRY? 3 Relevant topic for college
More informationBiomass Pellet Prices Drivers and Outlook What is the worst that can happen?
Biomass Pellet Prices Drivers and Outlook What is the worst that can happen? European Biomass Power Generation 1st October 2012 Cormac O Carroll Director, London Office Pöyry Management Consulting (UK)
More informationThe Wine and Spirits Market in Asia-Pacific and Worldwide with Prospects Until 2017
The Wine and Spirits Market in Asia-Pacific and Worldwide with Prospects Until 2017 From the VINEXPO* market study For the 12 th consecutive year, VINEXPO the international wine and spirits exhibition
More informationGLOBAL DATA CENTER INVESTMENT 2013
2013 CENSUS REPORT: Global Data Center Investment 2013 GLOBAL DATA CENTER INVESTMENT 2013 2013 - Healthy Growth in Data Center Investment Globally Globally, the data center industry has continued to maintain
More informationBreweries. Oslo / Copenhagen 31 May 2000
Breweries Oslo / Copenhagen 31 May 2000 Carlsberg Breweries Agenda 1. Participants 2. Orkla ASA and Carlsberg A/S 3. Carlsberg Breweries A/S 4. Governance 5. The Agreement 6. Approvals 7. Future prospects
More informationEat the food, Enkidu, it is the way one lives. Drink the beer, as is the custom of the land ( ) Epic of Gilgamesh
Introduction Eat the food, Enkidu, it is the way one lives. Drink the beer, as is the custom of the land ( ) Epic of Gilgamesh Anadolu Efes; Anadolu Efes, a beer producer and a non-alcoholic beverage
More informationSABMiller plc Trading update
SABMiller plc JSEALPHA CODE: SAB ISSUER CODE: SOSAB ISIN CODE: GB0004835483 SABMiller plc Trading update 6 October 2015 As announced on 16 September 2015, SABMiller is in an Offer Period as defined by
More informationPASTA IN EUROPE: OPPORTUNITIES AND CHALLENGES FOR MANUFACTURERS
PASTA IN EUROPE: OPPORTUNITIES AND CHALLENGES FOR MANUFACTURERS UNAFPA/SEMOULIERS AND IPO BOARD MEETING 23 MAY 2014 - LYON ILDIKO SZALAI SENIOR ANALYST EUROMONITOR INTERNATIONAL About Euromonitor International
More informationCoca-Cola Case Analyses. <Student Name> <Name and Section # of course> <Instructor Name> <Date>
Running Head: COCA-COLA CASE Coca-Cola Case Analyses Coca-Cola Case 2 Coca-Cola Case Analyses This paper is about the company Coca-Cola
More informationTHE BLEISURE REPORT 2014 BRIDGESTREET.COM
THE BLEISURE REPORT 2014 BRIDGESTREET.COM THE BLEISURE REPORT 2014 BridgeStreet Global Hospitality s Bleisure Study, a recent survey of 640 international guests. EXECUTIVE SUMMARY Travel habits The majority
More informationGfK PURCHASING POWER INTERNATIONAL
GfK PURCHASING POWER INTERNATIONAL 1 Agenda 1. Europe 3 2. Americas 45 3. Asia & Near East 54 4. Afrika 66 5. Australia 68 6. Overview of countries and available levels 70 2 2 EUROPE 4 GfK
More informationMarket insights. A world of beer CONSUMER. bar-expert.co.uk
A world of beer Market insights WHAT DEMOGRAPHIC, ECONOMIC AND SOCIAL FACTS ARE OF INFLUENCE? WHAT ARE THE LATEST TRENDS IN CONSUMER BEHAVIOUR AND HOW DO THEY DIFFER PER OUTLET PROFILE? READ ALL ABOUT
More informationArla Foods amba Aarhus, Denmark INVESTOR ANNOUNCEMENT 17-02-2016. Arla Foods Annual Results 2015
Arla Foods amba Aarhus, Denmark INVESTOR ANNOUNCEMENT 17-02-2016 Arla Foods Annual Results 2015 Arla delivered a robust performance against difficult conditions in 2015, which was a tough year for the
More informationBrochure More information from http://www.researchandmarkets.com/reports/1339929/
Brochure More information from http://www.researchandmarkets.com/reports/1339929/ The 2011 World Forecasts of Machine Tools That Remove Material by Laser or Light, Photon, Ultrasonic, Electro-Discharge,
More informationTotal domestic volume grew 1.3% Gross profit increased 5.9% Operating income grew 1.7%
Total domestic volume grew 1.3% Gross profit increased 5.9% Operating income grew 1.7% Mexico City, April 21, 2009 Grupo Modelo, S.A.B. de C.V. and Subsidiaries (BMV:GMODELO) ( Grupo Modelo or the Company
More information41 T Korea, Rep. 52.3. 42 T Netherlands 51.4. 43 T Japan 51.1. 44 E Bulgaria 51.1. 45 T Argentina 50.8. 46 T Czech Republic 50.4. 47 T Greece 50.
Overall Results Climate Change Performance Index 2012 Table 1 Rank Country Score** Partial Score Tendency Trend Level Policy 1* Rank Country Score** Partial Score Tendency Trend Level Policy 21 - Egypt***
More informationLIST OF CONTENTS AND TABLES
LIST OF CONTENTS AND TABLES Rtd Coffee in South Korea - Category analysis... 1 Headlines... 1 Trends... 1 Competitive Landscape... 2 Prospects... 2 Category Data... 3 Table 1 Off-trade Sales of : Volume
More informationThe rise of the cross-border transaction. Grant Thornton International Business Report 2013
The rise of the cross-border transaction Grant Thornton International Business Report 2013 Foreword MIKE HUGHES GLOBAL SERVICE LINE LEADER MERGERS & ACQUISITIONS GRANT THORNTON INTERNATIONAL LTD When reflecting
More informationUpdated development of global greenhouse gas emissions 2013
Updated development of global greenhouse gas emissions 2013 Hans-Joachim Ziesing Low Carbon Markets and the Legacy of Nuclear Power 19 th REFORM Group Meeting, Schloss Leopoldskron, Salzburg September
More informationInsurance Market Outlook
Munich Re Economic Research May 2014 Premium growth is again slowly gathering momentum After a rather restrained 2013 (according to partly preliminary data), we expect growth in global primary insurance
More informationALDI & LIDL: Europe s Hard Discount Threat
ALDI & LIDL: Europe s Hard Discount Threat Europe s hard discount threat Aldi and Lidl represent one of the biggest threats to retailers across Europe. Ireland UK Sweden Finland Norway Estonia Latvia Den.
More information25.02.2013. Russian juice market analysis
25.02.2013 Russian juice market analysis Russian concentrate market Concentrates increases in off-trade RTD volume by 3% and in off-trade value by 14% in 2011 Powder concentrates increases by 1% in off-trade
More informationWorld Population Growth
3 World Population Growth Why is world population growing faster than ever before? Population dynamics are one of the key factors to consider when thinking about development. In the past years the world
More informationMost countries will experience an increase in pharmaceutical spending per capita by 2018
6 Most countries will experience an increase in pharmaceutical spending per capita by 218 Pharmaceutical spending per capita, 213 versus 218 1,6 1,4 Pharmaceutical Spend per Capita 1,2 1, 8 6 4 2 US Japan
More informationDSV Air & Sea, Inc. Aerospace Sector. DSV Air & Sea, Inc. Aerospace
DSV Air & Sea, Inc. Aerospace Sector DSV Air & Sea, Inc. Aerospace Introduction to DSV DSV is a global supplier of transport and logistics services. We have offices in more than 70 countries and an international
More informationWorld Consumer Income and Expenditure Patterns
World Consumer Income and Expenditure Patterns 2014 14th edi tion Euromonitor International Ltd. 60-61 Britton Street, EC1M 5UX TableTypeID: 30010; ITtableID: 22914 Income Algeria Income Algeria Income
More informationLIST OF CONTENTS AND TABLES
LIST OF CONTENTS AND TABLES Sports and Energy Drinks in South Korea - Category analysis... 1 Headlines... 1 Trends... 1 Competitive Landscape... 2 Prospects... 2 Category Data... 3 Table 1 Still vs Carbonated
More informationINSIGHTS ON THE ROMANIAN FMCG MARKET Prepared for the Austrian Embassy
INSIGHTS ON THE ROMANIAN FMCG MARKET Prepared for the Austrian Embassy Flavia Florea I Key Account Executive I GfK Consumer Panel Services May 7 th 2015 Austrian Embassy Presentation 1 Agenda 1 2 International
More informationSulfuric Acid 2013 World Market Outlook and Forecast up to 2017
Brochure More information from http://www.researchandmarkets.com/reports/2547547/ Sulfuric Acid 2013 World Market Outlook and Forecast up to 2017 Description: Sulfuric Acid 2013 World Market Outlook and
More informationWhat s Brewing Seminar HEINEKEN Americas HEINEKEN strategy to win in Americas. 0New York 19 November 2015
What s Brewing Seminar HEINEKEN Americas HEINEKEN strategy to win in Americas 0New York 19 November 2015 Marc Busain 2015 Region President Heineken Americas 2011 2003 Managing Director Cuauhtémoc Moctezuma
More informationUK Television Exports FY 2014/2015
UK Television Exports FY 2014/2015 Page 1 of 5 The annual UK Television Exports Survey highlights the popularity of UK programming abroad by collecting revenue figures relating to the international activity
More informationOIV s Focus. The sparkling wine market. The sparkling wine market has expanded in recent years, boosted by high global demand.
OIV s Focus The sparkling wine market The sparkling wine market has expanded in recent years, boosted by high global demand. Production has increased significantly: + 4% in 1 years, while that of still
More informationThe wine market: evolution and trends
The wine market: evolution and trends May 2014 1 Table of contents 1. WINE CONSUMPTION 3 2. TRENDS IN WORLD WINE TRADE IN 20 6 3. TOP WINE EXPORTERS IN 20 7 4. TOP WINE IMPORTERS IN 20 9 5. THE FIVE LARGEST
More informationFOR IMMEDIATE RELEASE CANADA HAS THE BEST REPUTATION IN THE WORLD ACCORDING TO REPUTATION INSTITUTE
FOR IMMEDIATE RELEASE CANADA HAS THE BEST REPUTATION IN THE WORLD ACCORDING TO REPUTATION INSTITUTE Study reveals interesting developments in countries reputations amidst the Euro crisis, the rise of Asia
More information2015 Growth in data center employment continues but the workforce is changing
Published in Conjunction with MARKET BRIEFING GLOBAL DATA CENTER EMPLOYMENT 2015 2015 Growth in data center employment continues but the workforce is changing Globally, the number of people working in
More informationMcDonald s Economic Footprint in Europe: Did you know that...
McDonald s Economic Footprint in Europe: Did you know that... 1 Introduction Introducing our report McDonald s salaries Salaries and wages paid by McDonald s Europe and its franchisees are partly reinvested
More informationAgenda. LAS Overview. LAS Strategy. LAS: Latin America South
Latin America South Agenda LAS Overview LAS Strategy LAS: Latin America South LAS represents 20% of ambev s volume and around 15% of its EBITDA with a successful operation in 5 countries LAS OVERVIEW Bolivia
More informationThe spillover effects of unconventional monetary policy measures in major developed countries on developing countries
The spillover effects of unconventional monetary policy measures in major developed countries on developing countries Tatiana Fic National Institute of Economic and Social Research Objective The objective
More informationGOŚĆ SPECJALNY. Ann Swain CEO APSCo (Association of Professional Staffing Companies) KAPITALIZACJA ŚWIATOWYCH TRENDÓW W REKRUTACJI
GOŚĆ SPECJALNY Ann Swain CEO APSCo (Association of Professional Staffing Companies) KAPITALIZACJA ŚWIATOWYCH TRENDÓW W REKRUTACJI Capitalising On The Global Trends For Recruitment Ann Swain, CEO, APSCo
More informationBeer statistics. 2014 edition. The Brewers of Europe
Beer statistics 2014 edition The Brewers of Europe Beer statistics 2014 edition The Brewers of Europe Editor: Marlies Van de Walle 1st edition, October 2014 ISBN 978-2-9601382-3-8 EAN 9782960138238 1
More informationTrends in International Education
Trends in International Education 1 Presentation Objectives 1. International landscape the competitive environment for recruitment of international students 2. Key statistics 3. Key trends 4. Observations/Conclusions
More informationAppendix 1: Full Country Rankings
Appendix 1: Full Country Rankings Below please find the complete rankings of all 75 markets considered in the analysis. Rankings are broken into overall rankings and subsector rankings. Overall Renewable
More informationRC GROUP. Corporate Overview
RC GROUP Corporate Overview VISION & MISSION We, at RC Group aim to become the preferred Partner for Innovative, Customer driven, Value adding IT based business solutions and services in local and international
More informationLong-term macroeconomic forecasts Key trends to 2050
A special report from The Economist Intelligence Unit www.eiu.com Contents Overview 2 Top ten economies in 5 at market exchange rates 3 The rise of Asia continues 4 Global dominance of the top three economies
More information2015 Global Feed Survey. Aidan Connolly
2015 Global Feed Survey Aidan Connolly Dec. 2014 Global Feed Tonnage 980 million metric tons How was the survey conducted? Estimates compound feed production Based on information collected from: Feed industry
More informationChanging Tastes The UK Soft Drinks Annual Report 2015
Changing Tastes The UK Soft Drinks Annual Report 2015 Changing tastes The number of consumers switching to low, no and mid calorie drinks in 2014 speaks volumes for industry s efforts to meet changing
More informationFinancial statement analysis and valuation of the Carlsberg Group
Copenhagen Business School Department of finance Cand.merc. FSM Thesis December 2010 Financial statement analysis and valuation of Carlsberg Group Guidance: Jens Borges Name: Alexander Aagesen Velde Words:
More informationLIST OF CONTENTS AND TABLES
LIST OF CONTENTS AND TABLES Fruit/vegetable Juice in South Korea - Category analysis... 1 Headlines... 1 Trends... 1 Competitive Landscape... 2 Prospects... 2 Category Data... 3 Table 1 Off-trade Sales
More information10 TRADE SHOWS IN ONE
www.anuga.com NEWS 2015 COLOGNE, 10. 14.10.2015 10 TRADE SHOWS IN ONE Anuga News 2015 The very good result of the 32nd Anuga in Cologne is reflected in the around 155,000 trade visitors from 187 countries
More informationSCOTCH WHISKY EXPORTS REVIEW 2015
SCOTCH WHISKY EXPORTS REVIEW 2015 FOREWORD The following commentary and analysis is based on publicly available data published by HMRC via the HMRC Overseas Trade Statistics database. The review provides
More informationEffects of the M&A Wave in the Global Brewing Industry 2000-2010
Effects of the M&A Wave in the Global Brewing Industry 2000-2010 Auswirkungen der Welle von Fusionen und Übernahmen (F&Ü) in der internationalen Brauindustrie in den Jahren 2000 bis 2010 Erik S. Madsen,
More informationGLOBAL DATA CENTER SPACE 2013
2013 CENSUS REPORT: Global Data Center Space 2013 GLOBAL DATA CENTER SPACE 2013 Top 3 data center markets account for almost half of all global data center space. In spite of a slowdown in the amount of
More informationTriple-play subscriptions to rocket to 400 mil.
Triple-play criptions to rocket to 400 mil. Global triple-play criptions will reach 400 million by 2017; up by nearly 300 million on the end-2011 total and up by 380 million on the 2007 total, according
More informationU.S. Beverage Alcohol Trends. Mike Ginley Next Level Marketing
64 U.S. Beverage Alcohol Trends Mike Ginley Next Level Marketing Overview This session will start with a fast paced and information packed review of the trends in total beverage alcohol consumption and
More informationHEINEKEN International: Winning Efficiencies Through a Cross-Continent Data Migration
Picture Credit HEINEKEN, Amsterdam, The Netherlands. Used with permission. SAP Customer Success Story Consumer Products HEINEKEN HEINEKEN International: Winning Efficiencies Through a Cross-Continent Data
More informationLIST OF CONTENTS AND TABLES
LIST OF CONTENTS AND TABLES Bottled Water in South Korea - Category analysis... 1 Headlines... 1 Trends... 1 Competitive Landscape... 2 Prospects... 2 Category Data... 3 Institutional Bottled Water Sales...
More informationEconomic and Market Report. EU Automotive Industry Quarter 3 2015
Economic and Market Report EU Automotive Industry Quarter 3 2015 December 2015 CONTENTS EU Economic Outlook... 2 Passenger cars... 4 Registrations... 4 World... 4 The European Union... 7 Production...
More informationPopulation Aging in Developed Countries: Emerging Trends and Dynamics Wan He, Ph.D. Population Division U.S. Census Bureau
Population Aging in Developed Countries: Emerging Trends and Dynamics Wan He, Ph.D. Population Division U.S. Census Bureau This presentation is released to inform interested parties of population aging
More informationTRADING STATEMENT FINANCIAL YEAR 2014/15
METRO GROUP TRADING STATEMENT FINANCIAL YEAR 2014/15 P. 1 TRADING STATEMENT FINANCIAL YEAR 2014/15 METRO GROUP achieves sales target and confirms EBIT guidance Like-for-like sales growth of 1.5% in financial
More informationExecutive summary: Advertising Expenditure Forecasts December 2014
Executive summary: Advertising Expenditure Forecasts December 2014 ZenithOptimedia predicts global ad expenditure will grow 4.9% in 2015, reaching US$545 billion by the end of the year. Our forecast for
More informationFoods With Healthy Supplements and Organics Have Room for Growth
Foods With Healthy Supplements and Organics Have Room for Growth Major Perception Gaps Across the Globe Towards Fortified and Organic Foods Popularity Held Back by Pricy Image, Niche Distribution and Credibility
More informationOverview of The Canadian Coffee Market
Overview of The Canadian Coffee Market Today s Agenda Overview of the Canadian Coffee Market From the 50,000 foot + level Canada s Position in the World of Coffee Canadian Imports Sector by Sector Overview
More informationGlobal Investing 2013 Morningstar. All Rights Reserved. 3/1/2013
Global Investing 2013 Morningstar. All Rights Reserved. 3/1/2013 World Stock Market Capitalization Year-end 2012 18.5% 9.6% United States International: Other Europe United Kingdom Japan Other Pacific
More informationU.S. Trade Overview, 2013
U.S. Trade Overview, 213 Stephanie Han & Natalie Soroka Trade and Economic Analysis Industry and Analysis Department of Commerce International Trade Administration October 214 Trade: A Vital Part of the
More informationReports. Financial Report. 42 Management report. 54 Statement of the Board of Directors. 54 Independent auditors report
Reports Financial Report 42 Management report 54 Statement of the Board of Directors 54 Independent auditors report 56 Consolidated financial statements 118 Information to our shareholders 124 Excerpt
More informationGLOBAL TRENDS IN HIGHER EDUCATION. David Stockley
GLOBAL TRENDS IN HIGHER EDUCATION David Stockley Beijing May 2011 KEY TRENDS 1. Changing gglobal demographics 2. Increasing global student mobility 3. Higher education as a global market 4. Declining public
More informationThe Role of Banks in Global Mergers and Acquisitions by James R. Barth, Triphon Phumiwasana, and Keven Yost *
The Role of Banks in Global Mergers and Acquisitions by James R. Barth, Triphon Phumiwasana, and Keven Yost * There has been substantial consolidation among firms in many industries in countries around
More informationWORLDWIDE RETAIL ECOMMERCE SALES: EMARKETER S UPDATED ESTIMATES AND FORECAST THROUGH 2019
WORLDWIDE RETAIL ECOMMERCE SALES: EMARKETER S UPDATED ESTIMATES AND FORECAST THROUGH 2019 Worldwide retail sales including in-store and internet purchases will surpass $22 trillion in 2015, up 5.6% from
More informationPall in the Brewery (more value per hectolitre) DE Free Clarification FB1795
Pall in the Brewery (more value per hectolitre) DE Free Clarification FB1795 The Pall World Pall Corporation is a world leader in the design, production and supply of filters, membranes and systems for
More informationHow international expansion is a driver of performance for insurers in uncertain times
How international expansion is a driver of performance for insurers in uncertain times Accenture Global Multi-Country Operating Model Survey May 2009 Copyright 2009 Accenture. All rights reserved. Accenture,
More informationThe Global Economic Impacts of Oil Price Shocks
The Global Economic Impacts of Oil Price Shocks Presented to: Project LINK, United Nations New York, NY November 22, 2004 Presented by: Sara Johnson Managing Director, Global Macroeconomics Group 781-301-9115
More informationIndustry Research Alcoholic Beverage Producers
Alcoholic Beverage Producers Industry Outlook: Stable Tax Hike and Weaker Economy Reduce Consumption of Alcoholic Beverages Executive Summary 19 September 2013 Ruangwud Jarurungsipong ruangwud@trisrating.com
More informationCoca-Cola 2010 Happiness Barometer Key insights
Coca-Cola 2010 Happiness Barometer Key insights Global Study 16 Countries France Italy Spain UK Belgium Bulgaria Romania Turkey Russia S. Africa China Philippines Argentina Brazil Mexico US 500-1000 consumers
More informationGrowing Brand Value Developing its portfolio of brands by pursuing strategic investments and winning greater mindshare in the marketplace, the Group
Growing Brand Value Developing its portfolio of brands by pursuing strategic investments and winning greater mindshare in the marketplace, the Group is growing its brand name far and wide. 16 Fraser and
More informationVending Manufacturers in Europe
Vending Manufacturers in Europe Opinion Article Is the vending map changing in Europe? Some fail, others succeed By Manuel Alves Business Development Director EWExport Copyright 2009 opinion Vending Manufacturers
More informationFrancisco Sá Head of Soft Drinks
Francisco Sá Head of Soft Drinks Soft Drinks Agenda Profitability Evolution The Brazilian Soft Drinks Market AmBev s Soft Drink Strategy Profitability Evolution EBITDA Margin 7.3% 15.4% 18.5% 29.4% 429
More informationWORLD. Geographic Trend Report for GMAT Examinees
2011 WORLD Geographic Trend Report for GMAT Examinees WORLD Geographic Trend Report for GMAT Examinees The World Geographic Trend Report for GMAT Examinees identifies mobility trends among GMAT examinees
More information2012 Country RepTrak Topline Report
2012 Country RepTrak Topline Report The World s View on Countries: An Online Study of the Reputation of 50 Countries RepTrak is a registered trademark of Reputation Institute. Global Reputation Knowledge
More informationTrends in Off-Site ATMs Market 13,OCT, 2008
Trends in Off-Site ATMs Market 13,OCT, 2008 Contents Trend in Off-Site ATMs IAD Market Off-Site Locations Off-Site Markets and Driving Factors Business Models Strategy for IADs and Banks Conclusion Global
More informationSybase Solutions for Healthcare Adapting to an Evolving Business and Regulatory Environment
Sybase Solutions for Healthcare Adapting to an Evolving Business and Regulatory Environment OVERVIEW Sybase Solutions for Healthcare Adapting to an Evolving Business and Regulatory Environment Rising medical
More informationInternational Higher Education in Facts and Figures. Autumn 2013
International Higher Education in Facts and Figures Autumn 2013 UK Higher Education International Unit International higher education in facts and figures covers the majority of the UK higher education
More informationSUPPLY, DEMAND, ENERGY AND LOCATION: THE FOUR PILLARS TO SUCCESS
SUPPLY, DEMAND, ENERGY AND LOCATION: THE FOUR PILLARS TO SUCCESS DC RADAR The second edition of the Arcadis European Data Centre Radar, produced in conjunction with ixconsulting, is based upon extensive
More informationEuropean SME Export Report - FRANCE Export / import trends and behaviours of SMEs in France
SOUS EMBARGO JUSQU AU 8 JUILLET A 8H00 European SME Export Report - FRANCE Export / import trends and behaviours of SMEs in France July 2015 European SME Export Report Small and medium-sized enterprises
More informationTable 1: TSQM Version 1.4 Available Translations
Quintiles, Inc. 1 Tables 1, 2, & 3 below list the existing and available translations for the TSQM v1.4, TSQM vii, TSQM v9. If Quintiles does not have a translation that your Company needs, the Company
More informationTo be opened on receipt
Oxford Cambridge and RSA To be opened on receipt GCSE ECONOMICS A593/01/SM The UK Economy and Globalisation STIMULUS MATERIAL *5822180896* JUNE 2016 INSTRUCTIONS TO CANDIDATES You should make yourself
More informationeinvoice A fully automated digital solution for companies of all sizes
einvoice A fully automated digital solution for companies of all sizes 2 IFS einvoice How much are you on your invoices? How about hundreds of labor hours? The expense of postage? Costly errors? And a
More informationState of the Craft Beer Industry 2013
State of the Craft Beer Industry 2013 Beer Continues to Lose Market Share to Wine and Spirits Supplier $ Share (Billions) Beverage Alcohol Market Share 2005 2011 CAGRs Beer: Spirits: Wine: $49.9 $8.3 2.2%
More information