Market intelligence, trend analysis and forecasts for the Food and Drink industries across the regions

Companies / United States

Growth In US Beer Sector Possible In 2011

January 2011 | Industry Trend Analysis

The third quarter results posted by beer importer Crown Imports, owned jointly by Mexican brewer Grupo Modelo and wine giant Constellation Brands, have pointed to a possible improvement in the beleaguered US beer sector. Boosted by restocking following supply chain difficulties during the summer, Crown posted a 22% rise in net sales and a 27% increase in operating income for the three months to the end of November. For the first nine months of the firm's fiscal year sales were up by 4%. In addition to highlighting a possible return to growth in the sector, overall the results also suggest

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