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China Beer Market Insights 2013
M2 - Mon Aug 26, 4:59AM CDT
Research and Markets (http://www.researchandmarkets.com/research/gbpqh6/china_beer_market) has announced the addition of Canadean Ltd's new report "China Beer Market Insights 2013" to their offering. This report comprises high level market research data on the Chinese beer industry. The report covers total market (on- and off-premise) and includes valuable insight and analysis on beer market trends, brands, brewers, packaging, distribution channels, market valuation and pricing. Packaging data includes consumption volumes by pack material, type, size, refillable vs non-refillable, and multi-serve vs single serve. Market valuation data and pricing data, including beer consumption by price segment/distribution channel and selected consumer beer prices, are also included. Highlights - China has the world's highest overall consumption, but leading brewers face an uphill struggle to find strong profits. - Given the country's preference for high-strength baijiu, health and safety issues associated with alcohol are a concern. Increased taxes coupled with media and industry promotions for healthier drinking habits have meant more consumers are choosing lower-strength alcohol. - On 15 April 2012 China's adjusted tax on imports came into effect, which means stricter control on goods coming into the Chinese mainland. According to the latest revision, tax equal 50% has been imposed on wines, beer and other sprits and tobacco. - China is a collection of regional markets with very few brewers able to operate at a truly national level. There are over 500 breweries, though more than half are unprofitable and almost half of the production capacity reportedly lies idle. - As China struggles to export its domestic brands westwards, Tsingtao seems to have bucked the trend to be one of the few to have had any semblance of success in western consumer markets. - The demand for premium beer has seen an upturn. A new focus on innovation and the search for profit has been contributing to this. - As the largest foreign brewer in China, A-BInBev never stops its investment in China's beer market. At the beginning of 2013, A-BInBev has struck a deal to acquire Nanchang Asia Brewery to help it tap into middle and low-end markets in China. - In recent years, environmental concerns, cost-saving initiatives, convenience and novelty elements are driving packaging innovation. Companies Mentioned - Anheuser-Busch Inbev China - Asahi - Asia Brewery - Carlsberg - Chongqing Brewery Group - Crsb (China Resources Enterprises/Sabmiller) - Ginsber Beer - Guangdong Brewery Holdings Limited (Kingway Brewery Holdings Ltd) - Henan Aoke Group For more information visit http://www.researchandmarkets.com/research/gb...eer_market Source: Canadean Ltd About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
SABMiller's Chinese joint venture to acquire brewery business of Kingway
M2 - Tue Feb 05, 6:54AM CST
SABMiller plc announces that China Resources Snow Breweries Limited ("CR Snow"), its joint venture with China Resources Enterprise, Limited ("CRE"), has entered into an agreement with Kingway Brewery Holdings Limited ("Kingway") to acquire its brewery business ("Brewery Business"), for a total cash consideration of RMB 5.38bn (c. US$864m).