Business Monitor International


Kuwait Food & Drink Report

Published 24 September 2014

  • 106 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
 
$1,295.00
Kuwait Food & Drink Report

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 support household spending over 2014 and 2015. That said, the limited market size and already high per capita consumer spending on food and drink items 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: +2.9%

  • 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 (year-on-year, y-o-y) in 2014: +4.2%; compound annual growth rate (CAGR) to 2018: +4.05

  • Total mass grocery retail (MGR) sales (local currency) growth (year-on-year, y-o-y) in 2014: +3.1%; compound annual growth rate (CAGR) to 2018: +3.3%

Key Industry Developments

BRF Set To Acquire 75% Stake In Alyasra's Frozen Foods Distribution Business : Brazilian poultry meats exporter and dairy products processor BRF has entered an agreement to acquire a 75% stake in Kuwait-based Alyasra Food's retail frozen foods distribution business for USD160mn. The move is part of the company's strategy to boost its brands and expand its distribution and product portfolio in the Middle East. After the acquisition, Alyasra will continue to operate as an independent entity and BRF will become the exclusive supplier to Alyasra for the products of its portfolio. The deal is subject to certain local laws and regulations of the State of Kuwait.

Kuwaiti Food Giant Americana For Sale: Reuters reported in April 2014 that the al-Kharafi family had instructed bankers (including Rothschild) to explore interest from potential buyers in purchasing the USD3.6bn Americana food group. Americana was founded in 1964 and has grown to become one of the Middle East and North Africa's key food producers....

Table of Contents

BMI Industry View
7
SWOT
9
Food
9
Drink
11
Mass Grocery Retail
13
Industry Forecast
15
Consumer Outlook
15
Food
17
Food Consumption
17
Table: Food Consumption Indicators - Historical Data & Forecasts (Kuwait 2011-2018)
18
Confectionery
18
Table: Confectionery Value/Volume Sales, Production & Trade - Historical Data & Forecasts (Kuwait 2011-2018)
18
Snack Food
19
Table: Sweet Biscuits Volume Sales, Production & Trade - Historical Data & Forecasts (Kuwait 2011-2018)
19
Dairy
21
Table: Dairy Volume Sales, Production & Trade - Historical Data & Forecasts (Kuwait 2011-2018)
21
Pasta
23
Table: Pasta Volume Sales, Production & Trade - Historical Data & Forecasts (Kuwait 2011-2018)
23
Oils And Fats
23
Table: Oils And Fats Volume Sales, Production & Trade - Historical Data & Forecasts (Kuwait 2011-2018)
23
Drink
25
Soft Drinks
25
Table: Soft Drinks Sales, Production & Trade (Kuwait 2011-2018)
25
Hot Drinks
26
Table: Hot Drink Value/Volume Sales, Production & Trade - Historical Data & Forecasts (Kuwait 2011-2018)
27
Mass Grocery Retail
28
Table: Mass Grocery Retail Sales By Format - Historical Data & Forecasts (Kuwait 2011-2018)
30
Table: Retail Segment Make-Up
30
Trade
31
Table: Trade Balance - Historical Data & Forecasts (Kuwait 2011-2018)
31
Macroeconomic Forecasts
32
Household Consumption: Positive Outlook Remains
33
Government Consumption Outlook: Pickup In Growth
34
Fixed Investment: Finally Looking More Positive
34
Net Exports Outlook: Consumption To Weigh On Oil Exports
36
Political Risk At The Fore
37
Table: Kuwait - Economic Activity
38
Industry Risk Reward Ratings
39
Middle East And North Africa - Risk/Reward Ratings
39
Table: Middle East & North Africa Food & Drink Risk/Reward Ratings Q414
40
Table: Middle East & North Africa Food & Drink Risk/Reward Sub-Factor Ratings Q414 (scores out of 10)
44
Kuwait Risk/Reward Ratings
45
Market Overview
46
Food
46
Agriculture
46
Table: Fish Volume Sales, Production & Trade - Historical Data And Forecasts, 2011-2018
47
Food Production
47
Meat And Dairy
48
Halal Food
48
Drink
49
Soft Drinks
49
Hot Drinks
49
Alcoholic Drinks
50
Mass Grocery Retail
50
Table: Mass Grocery Retail Market Share By Retailer - 2012 Estimate
51
Table: Structure Of Mass Grocery Retail Market By Estimated Number of Outlets (Kuwait 2005-2014)
52
Table: Mass Grocery Retail Sales By Format (Kuwait 2005-2014)
52
Table: Mass Grocery Retail Sales By Format (Kuwait 2005-2014)
52
Industry Trends And Developments
53
Food
53
Key Industry Trends And Developments
53
Drink
59
Key Industry Trends And Developments
59
Mass Grocery Retail
63
Key Industry Trends And Developments
63
Competitive Landscape
65
Table: Key Players In Kuwait's Food & Drink Sector
65
Company Profile
67
Americana (Kuwait Food Company)
67
Kuwait Danish Dairy Corporation
70
Kuwait Flour Mills & Bakeries
72
Unilever North Africa Middle East
75
United Beverages Company
77
Union Of Consumer Cooperative Societies
79
The Sultan Center
81
EMKE Group
83
Global Industry Overview
85
Table: Select Food Companies - R&D And Advertising Financials
91
Table: Food And Drink Core Views
93
Demographic Forecast
94
Demographic Outlook
94
Table: Kuwait's Population By Age Group, 1990-2020 ('000)
95
Table: Kuwait's Population By Age Group, 1990-2020 (% of total)
96
Table: Kuwait's Key Population Ratios, 1990-2020
97
Table: Kuwait's Rural And Urban Population, 1990-2020
97
Glossary
98
Food & Drink
98
Mass Grocery Retail
98
Methodology
100
Industry Forecast Methodology
100
Sector-Specific Methodology
101
Sources
101
Risk/Reward Rating Methodology
102
Table: Food & Drink Risk/Reward Rating Indicators
103
Table: Weighting
104

The Kuwait Food & Drink Report features Business Monitor International (BMI)'s market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.

BMI's Kuwait Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in Kuwait.

Key Benefits

  • Benchmark BMI's independent food and drink industry forecasts for Kuwait to test other views - a key input for successful budgeting and strategic business planning in the Kuwaiti food and drink market.
  • Target business opportunities and risks in Kuwait through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
  • Exploit latest competitive intelligence on your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.

Coverage

BMI Industry View

Summary of BMI's key industry forecasts, and views, covering food and drink manufacturing and consumption and the retail market.

Business Environment Rankings

BMI's Food & Drink Business Environment Rankings provide a country-comparative Risk-Reward Rankings index aimed at investors, food and drink manufacturers and mass grocery retailers.

The rankings methodology makes sophisticated use of over 40 industry, economic and demographic data points.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the food, drink and mass grocery retail sectors, and within the broader political, economic and business environment.

Food Forecasts

BMI's food chapter is divided into sections such as Meat, Fish, Confectionary, Dairy and Canned Foods, and provides insight into a market's food industry, centred on a forecast to end-2018 for the sector. The chapter includes the following elements:

Industry Forecast Scenario - Historical data series and forecasts to end-2018 for growth of key indicators within a market's food industry. Including consumption, food consumption as % of GDP, canned food sales, confectionery sales and food and drink imports and exports, among others.

Industry Developments - A summary of corporate developments, including news on M&As, FDI, expansions, closures and financial results, in addition to analysis and explanation of the latest industry events and how these could influence further investment.

Market Overview - An overview of the structure of the market, introducing the key players and discussing underlying trends.

Drink Forecasts

Segmented the same way as BMI's food chapter, the drink section provides insight into the market's drink industry, centred on a forecast to end-2018 for the sector. Forecast indicators include alcoholic and soft drink sales by value, volume and sub-sector and tea and coffee sales, among others.

Mass Grocery Retail Forecasts

Segmented the same way as BMI's food and drink chapters, the mass grocery retail section provides insight into a market's grocery retail industry, centred on a forecast to end-201 for the sector. Forecast indicators include mass grocery retail sales by format (including supermarkets, hypermarkets, convenience and discount stores) and a breakdown for the organised retail sector versus the traditional sector, among others.

Competitive Landscape & Profiles

Illustration of the industry via rankings tables comparing revenues, number of outlets and number of employees. BMI analyses each company's market position, business strategies and investment potential.

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Testimonials

'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc