Consolidation of the brewing sector
It is becoming apparent that there is a trend towards emergence of just a few brewing groups in the Peoples’ Republic of China. Even though supply of beer exceeds demand, domestic breweries are expanding capacity in order to be better positioned in a more competitive market. Foreign machine suppliers are deriving less benefit from this modernisation and expansion. In total, about 220 million hl of beer will have been produced in the PR of China in 2000, up from 209 million hl in the previous year, according to figures from the China Alcoholic Drinks Industry Association (CADIA). 40 million hl capacity was said to have remained unused in 1999.
In the next five years the brewing industry will change considerably.
There are over 800 breweries in China currently.
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