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Asian beer and spirits market still bubbling: Euromonitor

21-Jul-2009

Related topics: Markets

Despite the global economic downturn, the Asian beverage market remains strong, and will continue its impressive growth, according to Reuters.

Quoting Euromonitor, the Reuters articles states that the Asian beer market is the globe’s most dynamic, with average growth of about 8 per cent. Leading the way is China, with per capita consumption expected to rise from 37.8 litres to 53.4 by 2013.

"Expect more activity in the years to come as the major brewers establish or reinforce existing operations in the region, in particular outside the mature markets of South Korea and Japan," Euromonitor's Marlous Kuiper told Reuters.

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