At its first investor day since Michel Doukeris, took the helm as CEO, Anheuser-Busch InBev said it was seeking core earnings growth of 4% to 8% in the 2022-2025 time frame, would stress boosting sales of premium brands and non-beer products and was mulling pushing online sales and possibly plant-based proteins.
He told Reuters that the beer market has expanded during the past four years. Kane’s Beverage News Daily has been reporting growth in U.S. domestic brewers beer shipments, although spirits still seems to be growing — although there are hints that may be slowing a bit. ABI should benefit from continued growth in beer, especially since it sells about one in four beers globally.
Another part of the strategy involves brewing by-products. Proteins and fibers, which could be incorporated into plant-based food, are now being sold “almost for free,” he said.