Francois Sonneville

Aug 22, 2024 | research.rabobank.com | Francois Sonneville |Jim Watson

2023 was a difficult year for the beer industry due to inflation. Brewers faced a tough choice between protecting volumes or margins – and different brewers chose different paths. For the next 12 months we expect that the situation will improve, but costs are unlikely to come down. Our Food & Agribusiness research is now available on our new website: knowledge.rabobank.com. This website will no longer be updated after September 5, 2024.

Apr 16, 2024 | research.rabobank.com | Bourcard Nesin |Francois Sonneville |Jim Watson

In a recent and much anticipated report, Senior Analyst Francois Sonneville modeled the spot market and actual prices paid among public beer companies in North America, Europe, and China. We discuss his findings and his ideas on how brewers can better control production costs and where future cost pressure may come from.

Feb 9, 2024 | research.rabobank.com | Francois Sonneville

research.rabobank.com uses cookies By using cookies we ensure our website is safe and user-friendly. They also mean we can inform you better. The level of cookies and processing of personal information we apply is up to you. CHANGE SETTINGS Cost inflation has been a major issue for brewers since the start of 2021, especially in Europe.

Dec 26, 2023 | research.rabobank.com | Francois Sonneville |Sudip Kumar Sinha |Stephen Rannekleiv

Scotch whisky is booming, and production must expand to meet the growing demand, but consideration of the effects of past production peaks and troughs suggests that producers would benefit from targeting a more sustainable growth rate. Premiumisation and growing demand have led to a dramatic decline in inventories, particularly of malt whiskey aged more than nine years, which fell more than 25 percent from 2007 to 2012, with no signs of slowing demand.

Dec 23, 2023 | research.rabobank.com | Francois Sonneville

Since the recent economic slowdown, growth in global beer consumption has become even more dependent on emerging markets. The leading brewers have been exporting beer to these regions, which have also seen an increase in direct investments. Of these, Africa is the most interesting, provided brewers can deal with the continent's unique challenges. Read more about the opportunities for brewers in the African Continent.