The Mexican beer market is currently growing at a rate of 2% a year, while Brazil's is growing at 3%, according to ING Financial Markets analyst Gerard Rijk.

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Tim Condon is with ING Financial Markets in Singapore.

NPR: Asian Markets Waiting For Next Wall Street Victim

"SABMiller's volumes were weaker than anticipated but the company is focusing on getting prices higher and maintaining the margins by getting more profits out of existing volumes, " said Gerard Rijk, an analyst with ING Financial Markets.

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