Global Corona Brand Named Most Valuable Beer Brand in Kantar BrandZ Rankings
12 June 2024 - 7:00PM
Business Wire
AB InBev Brands Are 8 Out of the Top 10 Most
Valuable Global Beer Brands
Today, in Kantar’s BrandZ global rankings, Corona was recognized
as the most valuable beer brand in the world. Eight out of the 10
most valuable global beer brands belong to AB InBev (Brussel:ABI)
(BMV:ANB) (JSE:ANH) (NYSE:BUD), according to the report ranking the
top brands in the world.
“Valued at more than $19 billion USD, Corona has become the most
valuable global beer brand due to consistent acceleration of growth
globally and specifically tapping into growing markets, like
Brazil, China, South Africa while maintaining its stronghold in
Mexico,” said Kantar CEO Chris Jansen. “Our congratulations go to
the Corona team for a standout year.”
“Corona’s strength lies in how it combines emotional and
functional points of difference in a unique and consistent way,”
said Marcel Marcondes, AB InBev’s Global Chief Marketing Officer.
“In everything that Corona does the brand evokes that emotional
moment of having a break from the routine to reconnect with nature
and oneself. On the functional side, consumers know that Corona is
brewed with 100% natural ingredients, they love the unique,
refreshing experience of the lime ritual and they appreciate that
Corona is one of the first global beverage brands with a net zero
plastic footprint. All these elements are why Corona is recognized
as a truly premium, iconic brand anywhere in the world.”
Other AB InBev brands that made it into this year’s ranking
include, Budweiser, the second most valuable beer brand in the
world, Modelo at #4, Brahma at #5, Michelob Ultra at #6, Bud Light
at #7, Skol at #8 and Stella Artois at #10. These brands all
feature in the Top 20 Most Valuable Global Alcohol category
ranking.
“Growing our megabrands is a key part of our business strategy
to lead and grow the category,” said Marcondes. “Our focus is on
delivering against the needs of our consumers in a way that gives
them what they seek, but also in a way that earns their love.”
Published annually, the Kantar BrandZ Most Valuable Global
Brands Report ranks the world’s top brands, the sector leaders, big
movers and brands to watch. Providing a wealth of insights on
brands, categories and marketing issues and trends over 14 years,
the rankings serve as a measure of brand value and relevancy.
About AB InBev
AB InBev is a publicly traded company (Euronext: ABI) based in
Leuven, Belgium, with secondary listings on the Mexico (MEXBOL:
ANB) and South Africa (JSE: ANH) stock exchanges and with American
Depositary Receipts on the New York Stock Exchange (NYSE: BUD). As
a company, we dream big to create a future with more cheers. We are
always looking to serve up new ways to meet life’s moments, move
our industry forward and make a meaningful impact in the world. We
are committed to building great brands that stand the test of time
and to brewing the best beers using the finest ingredients. Our
diverse portfolio of well over 500 beer brands includes global
brands Budweiser®, Corona®, Stella Artois® and Michelob Ultra®;
multi-country brands Beck’s®, Hoegaarden® and Leffe®; and local
champions such as Aguila®, Antarctica®, Bud Light®, Brahma®, Cass®,
Castle®, Castle Lite®, Cristal®, Harbin®, Jupiler®, Modelo
Especial®, Quilmes®, Victoria®, Sedrin®, and Skol®. Our brewing
heritage dates back more than 600 years, spanning continents and
generations. From our European roots at the Den Hoorn brewery in
Leuven, Belgium. To the pioneering spirit of the Anheuser & Co
brewery in St. Louis, US. To the creation of the Castle Brewery in
South Africa during the Johannesburg gold rush. To Bohemia, the
first brewery in Brazil. Geographically diversified with a balanced
exposure to developed and developing markets, we leverage the
collective strengths of approximately 155,000 colleagues based in
nearly 50 countries worldwide. For 2023, AB InBev’s reported
revenue was 59.4 billion USD (excluding JVs and associates).
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