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| Food & Beverages

Non-alcoholic beer reaches 8.2% of European beer consumption

Non-alcoholic beer now represents 8.2% of European beer consumption, equivalent to roughly one in every 12 beers. Its rising share is pushing brewers to reassess product portfolios, production planning and investment priorities.

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Isabella Romano
Lead Food & Beverage Analyst
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| Food & Beverages

Transavia to invest €150 million in major Romanian pet-food plant

Romanian poultry producer Transavia is investing 763 million lei, or about €150 million, in a pet-food factory in Ciugud, Alba county. The plant will make dry and wet food for dogs and cats, with enough capacity to feed more than 11 million animals annually.

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Isabella Romano
Lead Food & Beverage Analyst
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| Food & Beverages

Portugal’s wine surplus intensifies pressure on Douro grape growers

Portugal’s wine sector is entering another harvest with inventories exceeding market demand and growers struggling to secure buyers. In the Douro, producers have protested in Peso da Régua for guaranteed grape purchases, fair prices and emergency distillation measures.

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Isabella Romano
Lead Food & Beverage Analyst
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| Agriculture: Crops & Grains

Thailand’s palm oil sector faces 2 million-tonne surplus risk as biodiesel support changes

Thailand’s palm oil industry could face a surplus exceeding 2 million tonnes if changes to the Oil Fuel Fund’s biodiesel support reduce energy-sector demand for crude palm oil after September 24, 2026. Producers are examining oleochemicals, biotechnology and waste processing as alternative outlets.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Agriculture: Crops & Grains

Cocoa smuggling through N'Zérékoré pressures Côte d'Ivoire's industry

Cocoa moving from Côte d'Ivoire toward Guinea and Liberia through the N'Zérékoré corridor is weakening the country's regulated supply chain. The illicit flows threaten official export volumes, complicate crop accounting and may undermine the pricing system in the world's largest cocoa-producing country.

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Thomas Reid
Senior Metals & Mining Analyst
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| Machinery & Automotive

Vietnam car market faces broad August discounts as supply exceeds sales

Vietnam’s vehicle market entered August 2026 with widespread discounts after supply substantially exceeded sales in the first half. Dealers and manufacturers are sacrificing margins to reduce inventories and financing costs before the year-end sales season.

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Mei Tanaka
Senior Machinery & Automotive Analyst
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