Kuwait Food and Drink Report Q3 2014

Kuwait Food and Drink Report Q3 2014

Published: June 2014
Publisher: Business Monitor International (BMI)
Product ref: 215328
Pages: 112
Format: PDF
Delivery: Immediate download

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BMI View: We maintain a positive outlook for the Kuwaiti food and drink industry as rapid wage growth, easy access to consumer credit and supportive fiscal policies are expected to spur household spending over 2014. That said, we note that the limited market size and already high per capita consumer spending for food and drink will limit sales growth to relatively moderate figures.

Headline Industry Data (Local Currency)
¦ Total food consumption (local currency) growth (year-on-year, y-o-y) in 2014: +2.3%; compound annual growth rate (CAGR) to 2018: +3.1%
¦ Per capita food consumption (local currency) growth (y-o-y) in 2014: -0.9%; CAGR to 2018: +0.2%
¦ Bottled water volume (litres) sales growth (y-o-y) in 2014: +4.2%; CAGR to 2018: +3.9%
¦ Total mass grocery retail sales (local currency) growth (y-o-y) in 2014: +3.1%; CAGR to 2018: +3.5%

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By sector: General drinks

By market: Kuwait (in Asia)


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