Brews and Bulls: Exploring Big Brewers

Amid the dog days of summer, we’re serving up the latest episode of All the Credit® on an industry that produces the alcoholic beverage of choice for a large swath of consumers—beer. Who are the main players in the big brewing industry and what’s their market share? How are their products holding their own in a market saturated with options such as craft brews, seltzers, and non-alcoholic substitutes? PGIM Fixed Income’s Elitza Fleischman, CPA, U.S. Investment Grade Credit Research Analyst, covers these details, plus trends in growth, pricing, and margins for the biggest brewers. We wrap up with our portfolio positioning from returning co-host, Alyssa Davis, U.S. Investment Grade Corporate Bond Portfolio Manager. Recorded on July 25, 2023.