Low alcohol beers are beer that tastes similar to beer but contains significantly less amount of alcohol. The world population is growing and is expected to reach 10 billion by 2050. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. 1) By Source: Sugarcane, Grains, Fruits, Others Hong Kong Alcoholic Beverages Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion), 14.7.4.1.

3) By Distribution Channel: Food Service, Retail, Non-Alcoholic Beer Global Market Report 2022 By Product (Alcohol free, Low alcohol), By Material (Malted Grains, Hops, Yeasts, Enzymes, Other Materials), By Category (Plain, Flavored), By Distribution Channel (Store-based, Non-Store-based) Market Size, Trends, And Global Forecast 2022-2026, The non-alcoholic beer market consists of sales of non-alcoholic beer by entities (organizations, sole traders, and partnerships) that manufacture non-alcoholic beer.

USA Alcoholic Beverages Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion), 18.

Global Alcoholic Beverages Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Region, 23.5.

The global absinthe market size is expected to grow to $38.61 billion in 2026 at a CAGR of 3.26%.

As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials.

Increasing demand for RTD beverages, including RTD alcoholic beverages, is expected to drive the alcoholic beverages market going forward. Norway Alcoholic Beverages Market, 15.7.10.1. Similarly, Athletic Brewing Company, a non-alcoholic beer producer has launched All Out, an extra dark stout with a full-bodied mouthfeel and toasty finish, accented with coffee and bittersweet chocolate.

Some of the popular hybrid beverages include Malibu Red (rum and tequila), Kahlua Midnight (rum and Kahlua), and Absolut Tune (vodka and sparkling wine).

The acquisition is in line with MGPs long-term strategy focused on shifting to higher value-added products and diversification of business portfolio.

Norway Alcoholic Beverages Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion), 15.7.11.

The virus was first identified in 2019 in Wuhan, Hubei province of the Peoples Republic of China, and spread globally including Western Europe, North America, and Asia. Spain Alcoholic Beverages Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion), 15.7.13.

The acquisition would enable Lion Little World Beverages Pty Ltd. to establish a leading craft beverage business in the USA.

The main types of red wines are sparkling red wine and still red wine.

Middle East, Alcoholic Beverages Market, 2021, By Country, Value ($ Billion), 19.3. It also contains the traditional absinthe botanicals along with the juniper orange and yarrow. Hybrid beverages are particularly evident in the spirit category, with products such as beer mixed with rum and tea mixed with vodka. 2) By Type: Ethanol, Polyols Asia-Pacific Alcoholic Beverages Market, 14.1.

Per Capita Average Alcoholic Beverages Expenditure, 2016-2026, North America Countries, 17.5.2. The alcohol content of red wine is typically between 12 -15%.

Asia Pacific was the second-largest region in the wine and brandy market.

The foreign brands are being imposed high import duties owing to the high competition in the market. The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the beer manufacturing (breweries) market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. Grain alcohol is the purified form of ethyl alcohol, which is also known as ethanol, neutral grain spirit, or rectified spirit.

Major companies in the beer market include Anheuser-Busch InBev SA/NV, Heineken N.V., Carlsberg Breweries Group, Asahi Group Holdings Ltd, Constellation Brands, China Resources Beer (Holdings) Company Limited, The Molson Coors Brewing Company, Tsingtao Brewery Co Ltd, Thai Beverage Public Co., and Kirin Holdings Co Ltd.

Canada Alcoholic Beverages Market, 17.7.1.1.

The regions covered in the global wine and brandy market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the absinthe market in 2021.

Market Background: Alcoholic Beverages Market, 23.1. However, it is expected that the wine and brandy manufacturing market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. For instance, in October 2021, Gary Barlow, a Spanish wine maker introduced an organic wine called Gary Barlow Organic. The virus was first identified in 2019 in Wuhan, Hubei province of the Peoples Republic of China, and spread globally including Western Europe, North America, and Asia. These types of beer are sold to consumers through store-based and non-store-based sales channels.

4) By Distribution Channel: Store-Based, Non-Store-Based, Beer Global Market Report 2022 By Type (Ales, Lagers, Stouts & Porters, Malts), By Distribution Channel (Off-Trade Channels, On-Trade Channels), By Packaging (Canned, Bottled, Draught), By Category (Mass, Premium) Market Size, Trends, And Global Forecast 2022-2026, The beer market consists of sales of beer, ale, malt liquors, and nonalcoholic beer by entities (organizations, sole traders, and partnerships) that produce beer, ale, malt liquors, and nonalcoholic beer. The major reasons behind increased drinking include increased stress (45.7%), growing alcohol availability (34.4%), and boredom (30.1%).

Absinthe is mainly sold through online and offline distribution channels.

Sugarcane grain alcohol is prepared by fermenting either sugar cane juice or molasses diluted with water including yeast-removing sugar. The first of its kind in the beverage alcohol sector in Shanghai will help the China market and will strengthen Diageos ability to quickly create and develop premium products that cater to Chinese consumer tastes.

Moreover, bartenders are increasingly selling their premixes outside the bar as well. Global Alcoholic Beverages Market, Growth And Market Share Comparison, By Region, 11. The countries covered in the premix cocktails market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. Indonesia Alcoholic Beverages Market, 14.7.5.1. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. For instance, in 2020, according to the US government, there was a 60% increase in drinking, compared to pre-pandemic. Australia Alcoholic Beverages Market, 14.7.2.1.

The global grain alcohols market size is expected to reach $16.37 billion in 2026 at a CAGR of 5.32%. New Zealand Alcoholic Beverages Market, 14.7.8.1.

The global absinthe market size is expected to grow from $33.20 billion in 2021 to $33.96 billion in 2022 at a compound annual growth rate (CAGR) of 2.30%. Alcoholic Beverages Market Characteristics, 4. Absinthe is prepared from high alcohol spirits, with alcohol content of 68% by volume.

However, it is expected that the beer manufacturing (breweries) market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Western Europe, Alcoholic Beverages Market Metrics, 15.5.1.

Singapore Alcoholic Beverages Market, 14.7.10.1. Hybrid beverages are a blend of alcoholic drinks from multiple beverage categories. Eastern Europe Alcoholic Beverages Market: Country Analysis, 16.7.1. South America Alcoholic Beverages Market Overview, 18.2. For instance, in 2020, Diageo, a UK based beverages company, announced the launch of a new research and development center in Shanghai to further its product innovation and development aim in China. The sparkling red wine has a reddish hue which is obtained when grape juice comes into contact with the grape skins of red grape strains. The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the alcoholic beverages market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. The companies in the distilleries industry process raw materials into potable liquors, ethyl alcohol, grain alcohol, and spirits, package and distribute them through various distribution channels to both individual customers and commercial establishments.

Alcoholic Beverages Market Segmentation, 11.1.

Brazil Alcoholic Beverages Market, 18.7.2.1. Malaysia Alcoholic Beverages Market, 14.7.7.1. Brazil Alcoholic Beverages Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion), 18.7.3.1. Per Capita Average Alcoholic Beverages Expenditure, 2016-2026, Asia-Pacific Countries, 14.5.2. The increasing alcohol and other beverages consumption is expected to propel the growth of the absinthe market.

Asia Pacific was the largest region in the premix cocktail market in 2021.

Alcohol-free beer or non-alcoholic beer generally contains negligible or very little alcohol, which usually ranges from 0% to 1.2%.

Per Capita Average Alcoholic Beverages Market Expenditure, 2016-2026, Global, 14.

The sugar in the grapes is consumed by yeast, which transforms it into ethanol and carbon dioxide while producing heat in the procedure. 2) By Material: Malted Grains, Hops, Yeasts, Enzymes, Others Portugal Alcoholic Beverages Market, 15.7.11.1.

The main types of non-alcoholic beer are alcohol-free and low alcohol.

Through this acquisition, Accolade Wines aims to broaden its diverse portfolio by integrating Rolf Binder premium red and white grapes that will support Accolades other Barossa brands. The global absinthe market is segmented - Crop production, farming activities, and trade volumes will have to increase in order to meet the increased population. The different types of packaging include canned, bottled, draught, and involve various categories such as mass, premium.

Forecast Market Growth, Value ($ Billion), 10.

Western Europe Alcoholic Beverages Market, 15.1. Alcoholic Beverages Market Size, Percentage Of GDP, 2016-2026, Global, 13.2. Sweden Alcoholic Beverages Market, 15.7.13.1. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers.

Red wine's alcohol and antioxidants aid to prevent coronary artery disease. The premix cocktails are distributed using hyper/supermarket, departmental stores, specialty stores, and online retailers. Therefore, companies in this market are expected to benefit from rising demand for spirits manufacturing (distilleries) products due to the rising population, during the forecast period Western Europe Alcoholic Beverages Market: Country Analysis, 15.7.1.

The global spirits market is segmented - Western Europe, Alcoholic Beverages Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country, 15.4. The global premix cocktails market is expected to grow from $19.42 billion in 2021 to $20.29 billion in 2022 at a compound annual growth rate (CAGR) of 4.5%.

Turkey Alcoholic Beverages Market, 19.7.3.1.

Mobile phones with augmented reality applications when held over a wine bottle label display creative video content that conveys a brands story and helps engage customers. Major players in the non-alcoholic beer market are Anheuser-Busch InBev, BERNARD Family Brewery Inc., Big Drop Brewing Co., Carlsberg Breweries Group, Coors Brewing Company, Erdinger Weibbrau, Heineken N.V., Krombacher Brauerei, Moscow Brewing Company, Royal Swinkels Family Brewers, Suntory Holdings Limited, Kirin Brewery Company, and The Bayerische Staatsbrauerei Weihenstephan.

Czech Republic Alcoholic Beverages Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion), 16.7.2. New Belgium Brewing is a US-based beverage company that produces and distributes various types of beers including a range of non-alcoholic beers.

The global alcoholic beverages market is segmented -, 1) By Type: Beer, Wine and Brandy, Spirits, 2) By Distribution Channel: Off-TradeChannels, On-TradeChannels, Subsegments Covered: Ales, Lagers, Stouts and Porters, Malts, Wine, Brandy, Whiskey, Vodka, Rum, Tequila, Gin, Other Spirits, 3.

The various categories are mass, and premium.

Colombia Alcoholic Beverages Market, 18.7.4.1.

They are prepared by using unique flavor combinations, ingredients, and production methods from multiple drinks.

| The global beer market size is expected to grow to $329.7 billion in 2026 at a CAGR of 7.6%.

Global Alcoholic Beverages Market, 2021, By Region, Value ($ Billion), 23.4.

The products are made available through off-trade channels, and on-trade channels. This flavored absinthe is made up of the anise and the wormwood extracts in it.

Wine manufacturers are increasingly using augmented reality mobile applications to effectively promote their products.

However, it is expected that the alcoholic beverages market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy.

The companies in the nonalcoholic beverages industry process raw materials into nonalcoholic beverages, package and distribute them through various distribution channels to both individual customers and commercial establishments. Israel Alcoholic Beverages Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion), 19.7.3.

The outbreak had a negative impact on businesses throughout 2020 and into 2021. The main grain alcohol sources include sugarcane, grains, fruits and other sources.

South America Alcoholic Beverages Market, 18.1.

Per Capita Average Alcoholic Beverages Expenditure, 2016-2026, Africa Countries, 20.5.2.

Romania Alcoholic Beverages Market, 16.7.3.1. Africa Alcoholic Beverages Market: Country Analysis, 20.7.1.1.

The premix cocktail market is expected to grow to $24.2 billion in 2026 at a CAGR of 4.5%. Alcoholic Beverages Market Trends And Strategies, 8.

For instance, in 2021, UNLTD IPA., an alcohol-free beer manufacturer launched a non-alcoholic beer that has only 13 calories per bottle, is vegan friendly, and gluten-free.

North America Alcoholic Beverages Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion), 17.7. North America, Alcoholic Beverages Market, 2021, By Country, Value ($ Billion), 17.3.

Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. For instance, Treasury Wine Estates launched the 19 Crimes augmented reality mobile application that animated criminals pictured on its bottle labels when a phone camera is pointed.

The various categories of non-alcoholic beer are plain and flavored.

Global Alcoholic Beverages Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion, 11.2.

Alcoholic Beverages Market Size And Growth, 9.2.

Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The red wines are packed in bottles, cans and are distributed through food services and retail stores.

Number of Employees, Alcoholic Beverages Market, Alcoholic Beverages Market/Number of Employees, 2021, Asia-Pacific Countries, 14.6.

Hybrid beverages are particularly evident in the spirit category, with products such as beer mixed with rum and tea mixed with vodka.

Global Alcoholic Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion, 11.3.

For instance, in November 2019, Gin brand Hendricks has entered into spirit category with the launch of a modern absinthe, featuring the brands signature flavors of rose and cucumber.

Asia Pacific was the largest region in the beer market in 2021.

North America, Alcoholic Beverages Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country, 17.5.

Poland Alcoholic Beverages Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion), 16.7.3. Sweden Alcoholic Beverages Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion), 15.7.14.

The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the wine and brandy manufacturing (wineries) market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally.

The Gary Barlow Organic collection comprises a red and a white wine created from grapes cultivated in certified organic fields in Castilla grown with old, low-yielding bush vines that are dry-farmed. USA Alcoholic Beverages Market Overview, 17.7.3.2.

An increase in consumption of these beverages can be attributed to multiple factors such as rising levels of disposable income and an increasingly urban population. 2) By Distribution Channel: Off-TradeChannels, On-TradeChannels

Saudi Arabia Alcoholic Beverages Market, 19.7.1.1.

3) By Distribution Channel: Hyper/Supermarket, Departmental Stores, Specialty Stores, Online Retailers, Alcoholic Beverages Global Market Report 2022 By Type (Beer, Wine And Brandy, Spirits), By Distribution Channel (Off-Trade Channels, On-Trade Channels), By Category (Mass, Premium) Market Size, Trends, And Global Forecast 2022-2026, Global Food Extrusion Market Size, Forecasts, And Opportunities Includes Food Extrusion Market Share, Global Organic Snack Food Market Size, Forecasts, And Opportunities Includes Organic Snack Foods, Global Organic Soft Drinks Market Overview And Prospects Includes Organic Juice Market, Global Organic Tea Market Outlook, Opportunities And Strategies Includes Herbal Tea Market, Global Poultry Market Size, Forecasts, And Opportunities Includes Poultry Market Analysis, Global Premix Cocktails Market Overview And Prospects Includes Premix Cocktails Market Size, Global Seafood Market Outlook, Opportunities And Strategies Includes Seafood Market Share, Global Smoking And Other Tobacco Products Market Size, Forecasts, And Opportunities Includes Smokers Market, Paper, Plastics, Rubber, Wood And Textile.

Alcoholic Beverages Market Regional Analysis, 10.1.

An increase in population creates more demand for alcoholic beverages. Global Alcoholic Beverages Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Region, 10.3. The global wine and brandy market size is expected to grow from $149.14 billion in 2021 to $168.01 billion in 2022 at a compound annual growth rate (CAGR) of 12.7%.

The modern Absinthe is a result of the laboratory experimentations. Grain alcohol, a neutral spirit, can be built from corn, rye, wheat, grapes, grains, sugarcane, tubers, and beets and is used to make other alcoholic drinks such as wine, vodka, homemade liqueurs and others. Self-serve beer bars have taps arranged along a wall with touch screens and card readers. Western Europe Alcoholic Beverages Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion), 15.7. Asia-Pacific Alcoholic Beverages Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion), 14.7. Major players in the grain alcohol market are Archer-Daniels-Midland Company, Cargill, Inc., Kweichow Moutai, Roquette Frres, MGP Ingredients, Inc, Cristalco, Wilmar Group, Manildra Group, Glacial Grain Spirits, Wuliangye Yibin Co., Diageo Plc, Altria Group, Pernod Ricard, ChemCeed, Ethanol US, NuGenTeca, and Pinal Energy LLC. The global non-alcoholic beer market size is expected to grow from $16.65 billion in 2021 to $18.29 billion in 2022 at a compound annual growth rate (CAGR) of 9.8%. Therefore, growing awareness of the benefits of alcohol-free beverages supported the growth of the non-alcoholic beer market.

Pernod Ricard will leverage synergies between The Whisky Exchanges expertise and its in-house platforms such as Bodeboca and Drinks&Co.

2) By Packaging Type: Bottles, Cans Healthy eating has become the norm, with most consumers demanding foods and beverages to meet progressively nuanced health and wellness, ethics, and sustainability criteria. Rum is a liquor made by fermenting and distilling sugarcane molasses or sugarcane juice. The government of the Philippines currently imposes a tax of 20% Valorem tax on the net retail price per proof of distilled spirits.

Number of Enterprises, Alcoholic Beverages Market, Alcoholic Beverages Market/Number of Enterprises, 2021, Asia-Pacific Countries, 14.5.3. For example, producing spirits or beers in a wine barrel to give them a distinct taste.

Finland Alcoholic Beverages Market, 15.7.4.1. Number of Enterprises, Alcoholic Beverages Market, Alcoholic Beverages Market/Number of Enterprises, 2021, Africa Countries, 20.5.3. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline.

Key Mergers And Acquisitions In The Alcoholic Beverages Market, 23.

South America, Alcoholic Beverages Market Metrics, 18.5.1. India Alcoholic Beverages Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion), 14.7.5.

Therefore, increasing consumer preferences for healthy or low alcohol drinks is predicted to propel the demand for the premix cocktails market over the forthcoming years.

Number of Employees, Alcoholic Beverages Market, Alcoholic Beverages Market/Number of Employees, 2021, South America Countries, 18.6.

The various type of flavors used in premix cocktails are fruits, spiced, and others.

Delivery Time: 2-3 business days

Asia-Pacific, Alcoholic Beverages Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country, 14.5.

NAICS Definitions Of Industry Covered In This Report, Absinthe Global Market Report 2022 By Type (Absinthe Verte, Absinthe Ordinaire, Absinthe Reve Pastis, Absinthe Bohemian, Absinthe Amber, Absinthe Blanche), By Distribution (Online, Offline), By Application (Medical, Food And Beverage, Cosmetic) Market Size, Trends, And Global Forecast 2022-2026, The absinthe market consists of sales of absinthe by entities (organizations, sole traders, and partnerships) that is a flavored spirit derived from several plants, including the leaves and flowers of artemisia absinthium together other aromatic ingredients.

The companies in the alcoholic beverages industry process raw materials into alcoholic beverages, package and distribute them through various distribution channels to both individual customers and commercial establishments. The main types of materials used in producing non-alcoholic beer include malted grains, hops, yeasts, enzymes, others.

Germany Alcoholic Beverages Market, 15.7.6.1.

Hong Kong Alcoholic Beverages Market, 14.7.3.1. The countries covered in the red wine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. Customers can choose from various options using the touch screen, make payments using plastic RFID cards and dispense beer from taps in the vending machine.

Canada Alcoholic Beverages Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion), 17.7.2.

The bars are increasingly preparing premixes of cocktails and are refrigerating to serve the customers on request. Therefore, companies in this market are expected to benefit from rising demand for an alcoholic beverages products due to the rising population, during the forecast period.

1) By Product: Alcohol Free, Low Alcohol

In November 2019, Lion Little World Beverages Pty Ltd., an Australia-based beverage and hospitality company has acquired New Belgium Brewing for an undisclosed amount.

Western Europe was the second-largest region in the premix cocktail market. The different categories include mass, premium, and distributed through various channels such as off-trade channels, on-trade channels.

Eastern Europe, Alcoholic Beverages Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country, 16.4. Number of Employees, Alcoholic Beverages Market, Alcoholic Beverages Market/Number of Employees, 2021, Western Europe Countries, 15.6. Asia Pacific is expected to be the fastest-growing region in the global grain alcohol market during the forecast period. Global Alcoholic Beverages Market, Segmentation By Category, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion, 12.1.

Asia-Pacific, Alcoholic Beverages Market, 2021, By Country, Value ($ Billion), 14.3.

The increasing consumption of alcoholic drinks is driving the growth of the grain alcohol market. The global wine and brandy market is segmented - South Africa Alcoholic Beverages Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion), 21. The virus was first identified in 2019 in Wuhan, Hubei province of the Peoples Republic of China, and spread globally including Western Europe, North America, and Asia. Asia-Pacific, Alcoholic Beverages Market Metrics, 14.5.1. The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021.

Major companies in the spirits market include Diageo plc, Pernod Ricard, Thai Beverage public co., The BrownForman Corporation, kirin holdings co ltd, Christian Dior SE, The Molson Coors Brewing Company, Suntory Holdings Limited, Asahi Group Holdings Ltd, and Anheuser-Busch InBev sa/nv.