Making sense of the Global Market, Euromonitor International Ltd.

Yu Mitsuhashi

Making sense of the Global Market

Euromonitor International Ltd.

We are a global market research company focused on industries, countries, economies and consumers worldwide. Our cross-country comparable research helps your organisation identify opportunities and develop growth strategies in countries and regions across the globe. With offices around the world, 1,200 analysts in 100 countries and market research on every key trend and driver, we give you powerful access to the real story behind consumer change.

Thematic (Sector/Industry)

<ul><li>Retail sales of baby food grow by 5% to reach TWD15.5 billion in 2017</li><li>The low birth rate dampens demand for baby food in 2017</li><li>HA powder milk formula and powder growing-up milk formula post the fastest value growth rates in 2017, with 6% sales increases</li><li>Rising input costs fuel a further increase in the average unit price of baby food in 2017</li><li>Nestlé Taiwan Ltd remains the leading player in 2017</li><li>Baby food is projected to record a value CAGR of 1% at constant 2017 prices over the forecast period, and to be worth TWD16.5 billion in 2022</li></ul>

Retail sales of baby food grow by 5% to reach TWD15.5 billion in 2017The low birth rate dampens demand for baby food in 2017HA powder milk formula and powder growing-up milk formula post the fastest value growth rates in 2017, with 6% sales increasesRising input costs fuel a further increase in the average unit price of baby food in 2017Nestlé Taiwan Ltd remains the leading player in 2017Baby food is projected to record a value CAGR of 1% at constant 2017 prices over the forecast period, and to be worth TWD16.5 billion in 2022

<ul><li>In 2017 butter and margarine declines by 4% in retail current value terms to JPY83.9 billion and also declines by 4% in retail volume terms to 56,600 tonnes</li><li>The supply of butter recovers in 2017, having a negative impact on sales of margarine and spreads</li><li>Butter sees the highest retail current value growth in butter and margarine in 2017, with an increase of 2% to reach JPY32.6 billion</li><li>Butter and margarine sees unit price growth of 1% in current terms in 2017, due to the rising price of butter</li><li>Megmilk Snow Brand maintains its lead in butter and margarine in Japan in 2017, accounting for a retail value share of 31%</li><li>Butter and margarine is expected to record a negative value CAGR of 2% at constant 2017 prices in the forecast period to fall to JPY75.2 billion in 2022</li></ul>

In 2017 butter and margarine declines by 4% in retail current value terms to JPY83.9 billion and also declines by 4% in retail volume terms to 56,600 tonnesThe supply of butter recovers in 2017, having a negative impact on sales of margarine and spreadsButter sees the highest retail current value growth in butter and margarine in 2017, with an increase of 2% to reach JPY32.6 billionButter and margarine sees unit price growth of 1% in current terms in 2017, due to the rising price of butterMegmilk Snow Brand maintains its lead in butter and margarine in Japan in 2017, accounting for a retail value share of 31%Butter and margarine is expected to record a negative value CAGR of 2% at constant 2017 prices in the forecast period to fall to JPY75.2 billion in 2022

Sector Capsule: Butter and Margarine in Japan

<h2><span lang="EN-US">Headlines</span></h2><ul>
<li>Better for you packaged food sees 3% value growth to reach JPY344.4 billion in 2016</li>
<li>Increased health awareness drives sales</li>
<li>Reduced sugar spreads excl honey continues to see double-digit value growth in 2016</li>
<li>Kewpie Corp remains the leader in better for you packaged food with an 11% value share in 2016</li>
<li>Better for you packaged food is expected to have a CAGR of 2% at constant 2016 prices over the forecast period</li>
</ul><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/026/157/original/market%20size%20better%20for%20you%20packaged%20food%20japan%2011-16.png?1494919317" class="editor-image img-responsive" data-smartkarma-image-id="26157"></figure><h2>Competitive Landscape</h2><ul><li>Kewpie Corp leads better for you packaged food with an 11%…</li></ul>

Headlines
Better for you packaged food sees 3% value growth to reach JPY344.4 billion in 2016
Increased health awareness drives sales
Reduced sugar spreads excl honey continues to see double-digit value growth in 2016
Kewpie Corp remains the leader in better for you packaged food with an 11% value share in 2016
Better for you packaged food is expected to have a CAGR of 2% at constant 2016 prices over the forecast period
Competitive LandscapeKewpie Corp leads better for you packaged food with an 11%…

Sector Capsule: Better for You Packaged Food in Japan

Fintech, Real-time Big-Data Analytics Provider, Nowcast, Inc.

Ryota Hayashi

Fintech, Real-time Big-Data Analytics Provider

Nowcast, Inc.

We at Nowcast develop "Big-Data Economic Analytics Platforms".  We aim to revolutionize the financial markets by providing "accurate" and "real-time" analytics based on economic indicators and corporate activity data procured worldwide. 

Our Main Services

(1) Real-time Analytics
With our Nikkei CPI Now Index at our core, we provide real time analytics of global economic indicators such as POS Data. By utilizing Big-Data technology, we also provide real-time analytics of micro level data such as corporate earnings. 

(2) Big-Data Application Consulting
We too provide business consultation and conduct joint research on initiatives that strive to use data, such as from the operation capacity of construction machinery to number of passengers on railroad trains, as economic indicators. We provide continuous support to Data Scientists specialized in economics in their proposal stage, product development and up till its business development. 

(3) Monetary Policy Insights
With the proactive involvement of and support from from academicians in macroeconomics & key figures in the financial industry, we produce reports, conduct seminars and meetings that discuss about the forecast of financial markets, provide intellectual suggestions on asset allocation, etc. 

Macroeconomics

<ul class="ember-tether-target ember-tether-element-attached-top ember-tether-element-attached-left ember-tether-target-attached-top ember-tether-target-attached-right"><li><strong>"Nikkei CPINow" </strong>is a statistical database produced by Nowcast Inc. that provides real-time economic statistics using so-called “big data” gathered on a real-time basis; making it possible to “nowcast” economic developments, that is, to gauge them almost in real time.</li><li>Nikkei CPINow was launched in January 2016, disseminating the new “CPINow” price indeces, which succeeds and improves upon the Nikkei UTokyo Daily Price Index.</li><li>This December 2016 Review looks into analyzing the current developments in Japan's economy based on The Nikkei CPINow<strong> S index </strong>&amp;<strong> T index.</strong></li></ul>

"Nikkei CPINow" is a statistical database produced by Nowcast Inc. that provides real-time economic statistics using so-called “big data” gathered on a real-time basis; making it possible to “nowcast” economic developments, that is, to gauge them almost in real time.Nikkei CPINow was launched in January 2016, disseminating the new “CPINow” price indeces, which succeeds and improves upon the Nikkei UTokyo Daily Price Index.This December 2016 Review looks into analyzing the current developments in Japan's economy based on The Nikkei CPINow S index &amp; T index.

December 2016 Review of Current Developments in Japan's Economy

Japan TMT Analyst

Pelham Smithers

Market Intel on Asian Tech with a Japan focus

Pelham Smithers Associates

Founded in 2009, Pelham Smithers Associates (PSA) provides market intelligence on Asian technology, focusing in particular on Japan. The industries covered by our team of specialists are: consumer electronics, telecomms, pharmaceuticals, internet, electronic parts and materials, automotive technology, retail and capital goods. 

Research is provided by the following:
Pelham Smithers: Macro, consumer electronics, telecoms & pharma
Joel Scheiman: Electronics materials / components
Julie Boote: Autos
Will Nestuk: Capital goods, machinery & transportation equipment parts
Thao Nguyen: eCommerce, internet content, marketing & advertising

<p>While it is not a given that a switch from a high growth, high interest rate environment to a low growth, low interest rate environment is a good one for equities in general, it should be good for defensive stocks, because these are the most bond-like of equities and the switch almost defines a fixed income bull market. Japan may not have been particularly high growth or high interest rate in 2000, but it was certainly higher growth and higher interest rate than today, and it is no surprise that defensive sectors like foods (+210% relative to Topix since 1999) and pharmaceuticals (+160%) have done very well over this time.<br><br>The question, now, is whether this is set to continue, or whether we might have hit a turning point.</p>

While it is not a given that a switch from a high growth, high interest rate environment to a low growth, low interest rate environment is a good one for equities in general, it should be good for defensive stocks, because these are the most bond-like of equities and the switch almost defines a fixed income bull market. Japan may not have been particularly high growth or high interest rate in 2000, but it was certainly higher growth and higher interest rate than today, and it is no surprise that defensive sectors like foods (+210% relative to Topix since 1999) and pharmaceuticals (+160%) have done very well over this time.  The question, now, is whether this is set to continue, or whether we might have hit a turning point.

Japan

MEGMILK SNOW BRAND Co., Ltd.  was formed through the merger of Snow Brand Milk Products and Nippon Milk Community Co.  The Company will manage the operations of group companies involved in the manufacture and sales of milk and dairy products.

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Megmilk Snow Brand (2270 JP)

Sector Capsule: Baby Food in Taiwan

Retail sales of baby food grow by 5% to reach TWD15.5 billion in 2017 The low birth rate dampens demand for baby food in 2017 HA powder milk...

Euromonitor International Ltd.

Sector Capsule: Butter and Margarine in Japan

In 2017 butter and margarine declines by 4% in retail current value terms to JPY83.9 billion and also declines by 4% in retail volume terms to...

Euromonitor International Ltd.

Sector Capsule: Better for You Packaged Food in Japan

Headlines Better for you packaged food sees 3% value growth to reach JPY344.4 billion in 2016 Increased health awareness drives sales Reduced sugar...

Euromonitor International Ltd.

December 2016 Review of Current Developments in Japan's Economy

"Nikkei CPINow" is a statistical database produced by Nowcast Inc. that provides real-time economic statistics using so-called “big data”...

Nowcast, Inc.

Death Rattle for Defensives?

While it is not a given that a switch from a high growth, high interest rate environment to a low growth, low interest rate environment is a good...

Pelham Smithers Associates

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