Global Beverage Trade and Company Overviews slide image

Global Beverage Trade and Company Overviews

SITUATION SUMMARY: OTHER BEVERAGES Outside wine, the New Zealand beverage sector is primarily focused on production for domestic consumption; however, exports are growing strongly for many products SPIRITS Prior to 2000 there is a wide range of small spirit ventures, producing small scale niche spirits for the domestic market. At the same time Independent Liquor launched RTD 2 spirit beverages primarily for domestic consumption and export to Australia. Everything changed with the launch, rapid growth and financial success of 42 Below which created global awareness of New Zealand as a super-premium spirits provider. In the wake of 42 Below a large number of new firms have entered the industry with a wide range of products and brands. Independent Liquor, recently purchased by Asahi, is the largest player in spirits. Independent initially developed its business around flavoured RTD drinks, however it is diversifying into other alcoholic beverages. The two main brewers also produce and pack spirits, as well as distribute imported products and brands. There are a range of other smaller firms in spirits achieving strong growth and the sector is well positioned for further growth (see related project 2012 Spirits Opportunity report). BEER been Globally, mainstream beer brewing has dominated by large companies mainly leveraging scale, point-of-purchase control and distribution economics. New Zealand's three mainstream brewers focused on domestic consumption are: DB Breweries (Heineken), Lion (Kirin) and Independent (Asahi). This situation is changing rapidly with the emergence of a burgeoning craft brewing scene. New Zealand now has a range of smaller/micro breweries, rising with the growth of craft beer. Leaders in this space include Moa Brewing, McCashin's, Harrington's and many other smaller, innovative firms. New Zealand is a currently a minor beer exporter¹, and imports more beer than it exports. However, beer exports have surged in the last few years. The country is known for its specialty hops and both uses these domestically and exports them. SOFT-DRINKS/FLAVOURED BEVERAGES Non-alcoholic beverages are relatively consolidated across two international companies that primarily manufacture for domestic consumption: - Coca-Cola Amatil, Australian-listed Asia-Pacific licensee of Coca-Cola; Frucor, former Apple & Pear Marketing Board juice business, now a division of Suntory (Japan); maker of V energy drink and the Pepsi licensee in New Zealand. Smaller innovators emerging outside core soft-drinks. Organic-producer Phoenix (Charlie's/TBDC) owned by Asahi. A large range of premium adult beverages are gaining traction across multiple channels. JUICE New Zealand exports apple and kiwifruit juice, primarily as a secondary product of the fresh fruit industry. However New Zealand imports +20% more juice than it exports and domestic fruit production cost structures suggest a premium/niche strategy. WATER New Zealand has excellent theoretical potential to produce and export premium bottled water. A number of brands and companies have moved into this premium space (e.g. One, Antipodes and Palaeo). However, to date, little of this potential has been realised. 1. RTD = ready-to-drink; 2. Mexico, for example, exports 80x as much beer as New Zealand; NZ currently exports about as much beer as the Dominican Republic CORIOLIS 6
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