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BEER CONSUMPTION GROWTH
UBL sees positive demand momentum in Q2, invests Rs 110 cr in Maharashtra breweryUnited Breweries Ltd reports positive demand momentum and strong premium brand growth. The company expects double-digit revenue growth and ...- Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 24%US bond yields remain elevated, suggesting that the debt market expects inflation to move up. Now, if the risk-free returns indicated by th...
- Natural diamond prices have fallen 20-30% from post-pandemic highs: Paul Rowley, De BeersNatural diamond prices have stabilised after a significant correction, with larger stones seeing price increases. De Beers is now focusing ...
- Acquired new tastes & distastes: India’s health warnings are loud. Its consumption habits are louderDespite health warnings, cigarette production surged 24%, while wine consumption rose 25% among the young. Conversely, production of fruit ...
- Coca-Cola India set to enter zero-caffeine market; to introduce global brand Coke Zero-Caffeine Zero-SugarCoca-Cola India is preparing to launch Coke Zero-Sugar Zero-Caffeine with local manufacturing, marking a new phase in the cola wars as dema...
- From craft beer darling to founder's exit: Bira 91's journey ahead of a revival bidBira 91 founder Ankur Jain has exited the company after a settlement. This agreement allows for the company's recapitalization and operatio...
- Beer industry sees near double-digit growth but margins under pressure: UBL MD & CEOThe Indian beer sector is witnessing impressive growth, propelled by reformative state initiatives and seasonal weather advantages. However...
- FMCG companies ride the heatwave to make cool gainsIntense heatwaves fueled double-digit sales growth for FMCG, white goods, and retailers in the April-June quarter. Companies reported impro...
- Second COVID wave hits Indian beer industry, outlook is volatile: UBL"With the onset of a second COVID wave at the start of financial year 21/22, the beer industry is again negatively impacted, and the outloo...
- India's beer market may see acquisitions, entry of new players despite pandemic disruptions: UBLBesides, UBL, a market leader in the segment, also expects the export of beer to grow with support from the government.
- Beer sales may hold steady despite fall in economic growthIndia’s beer consumption vaulted 9-10% during FY09 as economic slowdown did not reflect on sales as yet in a sector often linked directly t...
- No recession for beer, Q3 volumes jump 14%The robust third quarter pulled up the year-to-date (YTD) growth to 9% after a sedate beginning in FY09.
- Beer loses fizz, growth slows on short summerIndia’s beer consumption reported a moderate 6-7% growth in the first six months of the financial year, as short summer and the boycott of ...
- Beer slips to slowest growth in 3 yrsWith first quarter sales being the slowest in over three years, beer brands like Budweiser, Carlsberg, Foster and Tiger rush in has suddenl...
- Beer sales growth slumps to 14% as prices soarIndia’s beer consumption that clocked 28% jump in the last financial year is growing at 14% in the first nine month period of FY’08.
- Beer consumption in India grows by 90 % in 2002-07Driven by reduced taxes and improved distribution system in North Indian states, beer consumption in the country has gone up more than 90 p...
- Beer takes centre stage in whisky countryIn another 10 years, Indians may be the second largest beer guzzlers in Asia after Chinese, ahead of Japanese and Thais. Only the right mix...
- Beer sales soar with temperatureAs Indians reach for foaming pints of beer to beat the sweltering heat, brewers are quietly smiling as they expect sales to soar as and whe...
- Beer makers say cricket fans ain’t cannedIt seems cricket and beer don’t mix. The world cup season is on but Indian audiences are not feeling canned enough.
- Indians pump up volumes of SABMiller, S&NIndia’s rapidly-growing beer consumption is buoying the global brewing industry.
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