The global outlooks of the legal market of cannabis are excellent. It is possible to simultaneously imagine dry law repeal and craft brewing boom but not in one but in several consumer categories. For alcohol is contained in liquids and cannabis derivatives can be in three physical forms. The value of legal market of cannabis and its products can reach 10% of the world beer market in five years, and in 2030-2040 even reach the same scope provided the current rates of legalization and development of market infrastructure remain at the same level. Cannabinoids are actively integrating into the food industry from chewing gum to beverages deforming the pharmaceutical and alcohol markets, they influence the trends of healthy lifestyle and beauty. ...
Beer market of Kazakhstan acquired both traits of East European countries and South Eastern Asia taking a transitional position between them by many criteria and consumption style. Yet there is a positive trend in beer production which differs Kazakhstan from most of the neighboring countries. The market has remained consolidated in the hands of two international players because of its small size. However, it faces dynamic processes such as fast growth of draft beer sales, up and downs of regional companies and Carlsberg Group’s ultimate expansion. Excessive mainstream segment has declined over the recent years, yet, Zhigulevskoe and national brands with regional links have yielded their positions to a range of new products. In our review special attention was paid to regional analysis of the markets. In 14 regions of Kazakhstan we compared the companies’ positions, the market price segmentation and DIOT channel development. Besides we have compared the beer market of Kazakhstan to neighboring countries. ...
Beer market of Russia 2018
- General market picture
- Foreign trade setting records
- Demography as challenge to branding
- Aged consumer
- Declining of youth brands
- Nostalgia on trend
- DIOT feels at home
- 5.0 Original is the new face of import
- Positions of Market Leaders
- Carlsberg Group
- AB InBev Efes
- AB InBev
Ukrainian beer market 2018
- Better than yesterday
- Performance by value
- Positions of Ukrainian brewers
Thailand. Investors in Thai Big C cheer $3.5 billion stake sale, rival bid seen unlikely
Shares in Big C Supercenter hit a 13-month high of 251 baht on Monday, just below the offer price of 252.88 baht ($7.1), and jumped more than 9 percent in an otherwise muted market.
If the deal completes, Big C will hand TCC Thailand's second-largest hypermarket operator after the Thai unit of Tesco PLC (TSCO.L).
TCC, which owns the maker of Chang Beer among other assets, outbid Thailand's biggest retailer Central Group to push into a retail sector that is expanding along with the number of middle class consumers.
Central founded Big C in 1993 and sold a controlling stake to Casino in 1999, but still owns 25 percent of the shares and had been seen as a frontrunner in the sale.
One source with direct knowledge of the deal said Central, controlled by the Chirathivat family, was not expected to make a counter bid. Another source, however, cautioned that Central had yet to take a final decision on the future of its stake.
Central declined to comment on the matter.
"Looking at the agreement they signed, the deal is nearly completed. I don't think there will be any change," said Suttatip Perasub, analyst at Maybank Kim Eng Securities.
"It is major step for TCC to expand into the retail business."
TCC owns assets ranging from brewer Thai Bev (TBEV.SI) to property development firms. It agreed to buy German retailer Metro's Vietnam unit last year, but has no retail presence in Thailand.
Shares in Berli Jucker Public Co (BJC.BK), the flagship company in Charoen's consumer product business were up 15 percent on Monday.
Ending its Thai foray, Casino announced on Sunday it would sell its 58.6 percent of Big C to TCC at 252.88 baht per share, a 28 percent premium to Big C's share price when the stake sale plan was announced on Jan. 14.
UBS analyst said that offer price implied an 2016 EV/EBITDA multiple of 15 times - above the 9 times level at which Tesco (TSCO.L) sold its operations in Korea last year, but lower than the 34 times TCC paid for Metro Vietnam.
Casino is also in the process of selling its wholly owned unit Big C Vietnam, which bankers have valued at between $800 million and $1 billion. Berli Jucker has said it is keen to buy the Vietnam unit.
($1 = 35.64 Baht)
8 Фев. 2016