TOKYO (Kyodo) — Asahi Breweries Ltd. recaptured Japan’s beer market leadership in 2010, garnering a 37.5 percent market share after falling to second place in the previous year, according to data released Monday by the nation’s top five beer brewers. Total shipments of beer and beer-like drinks last year declined 2.8 percent from a year […] [...more]
Wine sales in the Asia Pacific region are predicted to rise by 25% to nearly 1.3 billion nine-litre cases by 2013.
The region is already the world's largest spirits market, accounting for 47% of global consumption 2006. The forecast growth in wine outstrips that of North America, which is expected to grow by 7.6% while mainland Europe is expected to show negligible growth.
The forecasts come from IWSR (the International Wine & Spirits Report) which was commissioned by Vinexpo, the wine and spirit trade-only exhibition organisers. Vinexpo Asia-Pacific opens in Hong Kong on May 25.
The value of grape wine sales in Asia Pacific is forecast to grow from US$4.75bn to $6.4bn by 2011.
Robert Beynat, Vinexpo's ebullient chief executive, said that it is the aim of Hong Kong to become the "wine hub of Asia". Wine consumption in Hong Kong alone is forecast to attain 33 million bottles, more than 70% of which is expected to be red wine.
The ISWR report is said to cover China, Hong Kong, India, Japan, Malaysia, the Philippines, South Korea, Taiwan, Thailand and Singapore.
"Asia is the future," Beynat said at a press briefing on Thursday "and Hong Kong is in the middle of all of the Asian markets. Japan remains the overall number one market followed by China and Korea." [...more]
Japan's top beer maker Asahi Breweries will tie up with Danish brewery Carlsberg this month to market its best-selling product Asahi Super Dry in Hong Kong, a press report said yesterday.
The move is the first step of an alliance that the two firms are considering broadening to include other markets, the business daily Nikkei said.
Asahi will use the marketing network of Carlsberg's Hong Kong unit, which has strong ties with local Western restaurants, convenience stores and supermarkets, the report said.
The company sold 180,000 cases of beer in Hong Kong in 2008. One case contains 20 633-millilitre bottles.
Asahi aims to double that figure by 2014 through the tie-up, the report said.
Asahi's domestic rival Suntory Holdings is also tying up with U.S. beverage giant PepsiCo Inc. [...more]
A leading Japanese brewery has announced that it is to begin the brewing of a new beer which will utilise barley grown in space.
Sapporo has revealed that the beer's ingredients will be created in conjunction with the International Space Station (ISS) and will be dubbed Space Barley.
The organisation has stated that 250 boxes of the alcoholic beverage will go to the lucky winners of an online lottery, though the drink will not come cheap - it will be priced at around £70 and all proceeds will go to an educational charity which will aid Japanese children. [...more]
Japanese beverage maker Suntory said on Dec. 4 it had bought a Pepsi bottler in South Carolina as part of its global expansion efforts.
Privately owned Suntory said its U.S.-based joint venture subsidiary Pepsi Bottling Venture will pay 10 billion yen (US$113 million) to buy the assets of Pepsi Cola Bottling Co. of Conway-Myrtle Beach, Inc.
"We believe the purchase will create synergy effects and benefit our North American operations," said a Suntory spokesman. "This is part of our long history of expansion efforts in foreign markets." [...more]
Japan's Asahi Breweries said it could spend up to 400 billion yen ($4.6 billion) on acquisitions to avoid getting left behind amid a rush towards consolidation in the global food and beverage industry [...more]
Three brewers are interested in acquiring Mexico's FEMSA Cerveza in a $7.5-billion plus auction, with SABMiller (SAB.L) seen front runner in a deal likely to be sealed in January, sources close to the situation said yesterday.
Europe-based brewers SABMiller and Heineken are both keen to buy one of the last big emerging market brewers, while Japan's largest brewer, Kirin Holdings Co , has asked for details on the brewer, which was effectively put up for sale last month. [...more]
Kirin Holdings Co. (TYO:2503) plans to invest roughly 23 billion yen to support beer production in Australia and New Zealand through Lion Nathan Ltd., which became Kirin’s wholly own unit last month. Kirin is looking to upgrade production lines at breweries in Sydney and Brisbane, and build a new brewery equipped with a warehouse in […] [...more]
Tsingtao Brewery Co Ltd, China's second-largest beer brewer, and Japanese alcoholic beverage producer Asahi Breweries Ltd held a news conference in Tokyo on Wednesday to consolidate their cooperation, sources reported. [...more]
Shipments of beer and beer-like alcoholic beverages in Japan fell 4.3 percent to 37.98 million cases in October, setting a record low for the month, industry reports said Thursday.
The number was the lowest for any October since 1992, when breweries began compiling comparable data. (One case contains 20 x 633-ml bottles) [...more]
Suntory Holdings Ltd. said it purchased European drinkmaker Orangina Schweppes from Blackstone Group LP and Lion Capital LLP as Japan’s third-largest brewer expands outside a shrinking domestic market. [...more]
Kirin Holdings Co., Japan’s biggest beverage maker, cut its full-year net income forecast by 25 percent on costs to close two domestic breweries in the shrinking beer market. [...more]