World Cup in Brazil Gives Big Boost to Beer and Soft Drink Drinking

Stella Artois Beer The maker of Budweiser, Stella Artois and Corona beers experienced a sharp surge in sales in Brazil during the World Cup with the month-long contest leading to consumption of an extra 140 million liters or 2 million barrels.

Anheuser-Busch InBev, the world’s largest brewer, said this helped it to earn more than expected in the second quarter, along with strength in China and Mexico and an exceptional gain.

The company, which sold more than one in five beers drunk worldwide last year, also took advantage of Brazil’s hosting of the soccer tournament to propel sales of soft drinks, which increased by far more than did beer sales.

Pepsi, which AB InBev bottles and distributes in Latin America, had fared well, as had the company’s own caffeine-rich Guarana Antarctica, a sponsor of the Brazil soccer team.

Brazil, the company’s second-largest market, accounts for more than two-thirds of the group’s non-beer sales, themselves about a 10th of overall volumes.

Asia-Pacific and Mexican earnings were higher than expected, while increased marketing did cut into margin in Latin America North, including Brazil.

The brewer retained a forecast that the Brazilian and Mexican markets would return to growth this year due to the soccer tournament and stronger economies and that volumes in China would be solid.

The United States, AB InBev’s largest market, would see an improvement due to a stronger economy, partly offset by an exceptionally cold winter that hit brewers in the first quarter.

The world’s top brewers are relying on Latin America, Asia and Africa for growth amid subdued consumer spending in slowly recovering Europe and limited U.S. expansion.

MP

Tags:

You May Also Like

This Brazilian Owns a Whorehouse, But He Won’t Be Called a Pimp

Not that I wish to defend those who exploit prostitution. But it’s not easy ...

New WTO Rules Mean More Brazil Fruit Juices Overseas

This week, the Codex Alimentarius, an international forum, which deals with food quality and ...

Brazil Wants to Get Credits for Keeping Forests Intact

On Friday, March 24, the fifth day of the 8th Conference of the Parties ...

Brazilian Indian Becomes a Doctor in Havana. She’s First One to Do So

Maria da Glória Oliveira da Silva, of the Pataxó Hã-Hã-Hãe people, has just graduated ...

Almost Certain to Be Brazil’s Next President, Rousseff Beats Serra in His Own Home State

With Lula’s popularity soaring at about 80%, these are not good times to be ...

Brazilian musician Vinicius Dorin

Brazil’s Jedi Return

When Hermeto Pascoal played Los Angeles in 2004, I was curious to hear live ...

Brazil and LatAm Don’t Lack Democracy but Government Quality, Says Global Forum

The continuation of economic growth in Latin America, the challenges that must be met, ...

Bush Administration Loses Case Against Brazilian Church in the Supreme Court

Americans United for Separation of Church and State lauded Tuesday’s, February 21, U.S. Supreme ...

Brazil’s Northeast: The Largesse of the Destitute

Severina Ferreira do Nascimento, 71, is next in line. When her name is called, ...

3.2 Million Foreigners Visit Brazil in First Half, a 2.7% Boost

In the first half of the year, 3,205,562 people arrived in Brazil on international ...