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In Western Europe and the U.S., beer sales growth is sluggish amid increasing competition from wine and spirits.
In many emerging economies, however, including Eastern Europe and China, sales are booming. Another factor prompting consolidation is the rising cost of key commodities like grain, glass and aluminum, which is squeezing profit margins...
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Another factor prompting consolidation is the rising cost of key commodities like grain, glass and aluminum, which is squeezing profit margins.
Beer is going global as the pressure mounts for consolidation among the world's brewers. News from the brewing industry is gloomy: Profits are down, and competition is up...
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