Modern stores accounting for largest part of beer sales
According to the Nielsen Retail Index, the assortment of beer has widened substantially since 2004, with hyper markets producing the biggest expansion. Primarily, this expansion is due to the appearance of B brands in the market. However, more expensive brands have retained their positions and some even succeeded in improving them. Retail sales were up by 5 percent in 2008, reaching HUF 115 billion. Promotional sales produced double digit growth in 2008 as a result of increasingly effective promotional techniques. The market share of small stores dropped by 3 percent, to 49 percent in 2008. Hyper markets increased their market share from 21 percent in 2007, to 23 percent in 2008, while that of 401-2,500 square meter stores grew from 27 to 28 percent. Average price was HUF 296 in January 2008. Growth of the canned segment stopped last year at 57 percent in terms of quantity. The market share of plastic bottles remained below 5 percent both in terms of value and quantity. The market share of private labels dropped in terms of quantity from 32 percent in 2007, to 28 percent in 2008.
Related news
Related news
EM: Further Development of the Deposit Return System Continues
Thanks to the Deposit Return System (DRS) introduced at the…
Read more >Slowdown and price increase at the same time – this is how the milk market will develop in the summer
The dairy sector is experiencing both international price increases and…
Read more >Another problem could cause food prices to rise
Latin American agriculture could face serious consequences if the United…
Read more >