Global Beverage Trade and Company Overviews slide image

Global Beverage Trade and Company Overviews

SWOT ANALYSIS The New Zealand beverage industry is well positioned for further growth, but pressures will continue STRENGTHS Islands in the middle of the South Pacific that have the area of Italy, but with only the population of Singapore; therefore relatively unspoilt Strong and growing success in premium/super-premium wine Achieves a strong price premium for wine in key markets (similar to France) New Zealand Sauvignon Blanc now a "must have" for global wine companies Growth in market share in key markets (e.g. USA) Innovative and quality-focused producers (e.g. Chia+Kawa) Closer shipping distances to Asia compared to European competitors Demonstrated capabilities in beverage production On-going growth and success of Frucor/V, and Charlies/Phoenix in non-alcoholic drinks category Emergent success in spirits (e.g. Stolen) OPPORTUNITIES Continued income growth in Asian markets - Rapidly growing demand for premium alcoholic beverages in Asia = - Low share in Europe (two thirds of global wine consumption) outside British Isles Joint in-market activity spreading cost of marketing Strong and growing demand in Asia for premium fortified wines/wine based spirits (e.g. cognac) - Reduction of global "wine ocean" supporting higher prices Leverage success of New Zealand wine industry; build on awareness of New Zealand in wider premium beverages segments Wide range of New Zealand unique plants available as flavouring (e.g. 42 Below Manuka honey) - - WEAKNESSES Large number of small producers with limited economies of scale High debt levels of many small and medium sized producers Highly dependant on four countries (AU, UK, USA and Canada) Increasing exports of bulk wine Lack strong super-premium heritage brands as demanded by brand and status conscious Asian consumers No deep cultural unique "spirits" associated with New Zealand Long shipping distance to traditional western markets Unlike traditional sectors, no major ($1b+) New Zealand owned champion growing and driving New Zealand brand position in beer, wine or other beverages Limited culture of super-premium branding or positioning (e.g. relative to France) Not a major producer of many base ingredients of typical beverages (e.g. oranges) ISSUES/THREATS/RISKS Ongoing consolidation of the industry Difficult finding good distributors to gain access into key markets Continued growth of bulk wine trade reducing the value of wine Continued growth of retail brands/store brands in wine Limited opportunity shipping "water" around the world if it isn't a premium product Changing consumer sentiment or government policy Failure to achieve large scale export traction outside wine Hollowing out of management skills in New Zealand industry due to foreign ownership (relative to Denmark or Holland for example) CORIOLIS 9
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