Molson Coors – Company Overview and Analysis, 2023 Update
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Molson Coors Company Overview
Headquartered in Colorado, the US, Molson Coors is a producer, developer, and distributor of alcoholic and non-alcoholic beverage products. It markets its products under Blue Moon, Molson Canadian, Coors Light, Miller High Life, Steel Reserve, Coors, Molson Canadian, Mickey’s, and Thunderbolt, among others. The company has manufacturing facilities in Canada, the US, Europe, and Japan. Molson Coors is
The “Molson Coors – Company Overview and Analysis, 2023 Update” report is based on market analysis and brand diversification by industry and geography. The report will help in understanding the challenges and opportunities for the company to tap into what is impacting the industry. It also gives access to valuable strategic take-outs to help direct future decision-making and inform new product development.
Key Sectors | · Alcoholic Beverages
· Non-alcoholic Beverages |
Key Regions | · North America
· Asia · West Europe · Middle East and North Africa · Australasia · Africa · Latin America · East Europe |
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Molson Coors Company Analysis by Sectors
The major sectors in which Molson Coors deals are alcoholic beverages and non-alcoholic beverages. Alcoholic beverages was the highest revenue-generating sector for Molson Coors in 2022. In the non-alcoholic beverages industry, the company has a presence in North America and Latin America and is projected to record volume CAGR of 3.4% each during the forecast period. The company can look into expanding its non-alcoholic business in other markets as well.
Molson Coors Company Analysis by Sectors, 2021 (%)
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Molson Coors Company Analysis by Regions
Molson Coors has its operations across Asia, North America, West Europe, the Middle East and North Africa, Australasia, Africa, Latin America, and East Europe. Its major revenue is generated from North America, which accounted for more than 76% of its total sales value in 2022, followed by West Europe and East Europe. The US was the top market for Molson Coors products in 2022 with a volume share of over 64%, followed by Canada and the UK.
Asia accounted for high-value growth in 2022 which is likely to be supported by on-premise consumption and favorable warmer weather conditions in Asian countries.
Molson Coors Company Analysis by Regions, 2022 (%)
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Molson Coors - Top Themes
The major themes in which Molson Coors is actively investing are VR and AR, sustainability & ethics, health & wellness, sensory & indulgence, and premiumization & indulgence.
Premiumization & Indulgence: In June 2022, Molson Coors invested in Fort Worth Brewery to grow its capabilities and increase its in-house hard seltzer production. This expansion will help the company to grow its premium portfolio and meet the consumers changing preferences.
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Scope
• Molson Coors’ business is majorly concentrated in the US_x000D_
• Asia accounted for high-value growth in 2022 in Molson Coors’ operating industries_x000D_
• Asia presents ample growth opportunities for Molson Coors’ alcoholic beverages business_x000D_
• Molson Coors’ sentiment score showed recovery signs in Q3 2022
Key Highlights
- Molson Coors’ business is majorly concentrated in the US.
- Asia accounted for high-value growth in 2022 in Molson Coors’ operating industries.
- Asia presents ample growth opportunities for Molson Coors’ alcoholic beverages business.
- Molson Coors’ sentiment score showed recovery signs in Q3 2022.
Reasons to Buy
- Understand the challenges and opportunities for a specific company to tap into what is impacting the industry.
- Gain a broader appreciation of the fast-moving consumer goods industry by gaining insights from both within and outside of your sector.
- Access valuable strategic take-outs to help direct future decision-making and inform new product development.
Table of Contents
Frequently asked questions
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Which was the highest revenue-generating sector for Molson Coors in 2022?
Alcoholic beverages was the highest revenue-generating sector for Molson Coors in 2022.
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Which region led Molson Coors’s business in terms of brand sales in 2022?
North America led Molson Coors’s business in terms of brand sales in 2022.
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What are the major themes in which Molson Coors is making investments?
The major themes in which Molson Coors is investing are VR and AR, sustainability & ethics, health & wellness, sensory & indulgence, and premiumization & indulgence.
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