"Cider is an opportunity to attract non-beer drinkers to the Heineken portfolio" At Heineken's Financial Markets Conference in November, Alexis Nasard, Chief Commercial Officer, announced: "By 2020 Heineken wants to double worldwide turnover from innovation, from the current 3% to 6%." Heineken CEO, Jean-Frangois van Boxmeer, added that, "Heineken will stimulate growth in Europe through innovations, such as the expansion of our cider activities." In a shrinking European beer market, the growing cider segment offers enormous potential for something new, particularly for adult consumers who currently don't drink beer. World of Heineken 43 winter 2010 Between 2005 and 2009, the global cider market experienced an 11% growth in value and is forecast to grow by a further 18% in the next three to five years. Current global cider consumption is an estimated 16 million hectolitres per year, with around 13 million hectolitres of this volume in Europe. So it comes as no surprise that Heineken has identified cider as a clear opportunity. "Both in terms of value and volume, the cider category represents a valuable growth opportunity for Heineken and its customers," explains Cider Category Manager, Karen O'Neill. "First and foremost, cider offers broader choice to young adult consumers who are looking for a natural, accessible, refreshing drink. Served over ice, it satisfies the consumer's desire for differentiation and a serving ritual. "It also represents a credible alternative for young adult consumers who do not currently drink beer," she

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World of Heineken | 2010 | | pagina 13