Business Monitor International


Kuwait Food & Drink Report

Published 05 March 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 spur household spending over 2014. That said, we note that limited market size and already high per capita consumer spending for food and drinks will limit sales growth to relatively moderate figures.

Headline Industry Data (local currency)

  • Total food consumption (local currency) growth (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: +4.0%

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

Key Industry Developments

Mezzan To Ac?uire Unitra Mets Group: In late 2013, Kuwait-based conglomerate Mezzan Holding Company said it was planning to acquire the distributor of Red Bull energy drink in the UAE Unitra Mets Group from Invest AD and its other shareholders. The move underlines Mezzan's interest in consumer-related investments in the Gulf Arab region. NBK Capital and Gibson, Dunn & Crutcher advised Mezzan on the transaction, while deNovo Corporate Advisors and Clifford Chance advised Invest AD. However, the financial details of the transaction have not been revealed.

Kout Acquires Little Chef In T he UK : In summer 2013, Kuwait-based Kout Food Group acquired the UK-based Little Chef chain of roadside eateries from private equity firm RCapital in a deal estimated to be worth about GBP15mn. Kout already runs more than 40 Burger King and KFC outlets in the UK, as well as the Maison Blanc patisserie chain.

Carrefour Sells Stake In JV T o Majid Al-Futtaim: In a surprise move in May 2013, Carrefour sold its 25% stake in its Middle East and North Africa (MENA) joint venture to its partner Majid...

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, 2011-2018
19
Confectionery
20
Table: Confectionery Value/Volume Sales - Historical Data & Forecasts, 2011-2018
21
Snack Food
21
Table: Snack Foods Volume Sales, Production & Trade - Historical Data & Forecasts, 2011-2018
21
Dairy
25
Table: Dairy Volume Sales, Production & Trade - Historical Data & Forecasts, 2011-2018
25
Pasta
27
Table: Pasta Volume Sales, Production & Trade - Historical Data & Forecasts, 2011-2018
28
Oils And Fats
29
Table: Oils And Fats Volume Sales, Production & Trade - Historical Data & Forecasts, 2011-2018
30
Drink
32
Soft Drinks
32
Table: Bottled Water Volume Sales, Production And Trade - Historical Data & Forecasts, 2011-2018
33
Hot Drinks
34
Table: Coffee Volume Sales, Production And Trade - Historical Data & Forecasts, 2011-2018
35
Mass Grocery Retail
36
Table: Mass Grocery Retail Sales By Format - Historical Data & Forecasts, 2011-2018
38
Table: Retail Segment Make-Up
38
Trade
39
Table: Trade Indicators - Historical Data & Forecasts, 2011-2018
40
Macroeconomic Forecasts
41
Economic Analysis
41
Table: Kuwait - Economic Activity
48
Industry Risk Reward Ratings
49
Middle East And North Africa Risk/Reward Ratings
49
Table: Middle East & North Africa Food & Drink Risk/Reward Ratings Q214
50
Table: Middle East & North Africa Food & Drink Risk/Reward Sub-Factor Ratings Q214 (scores out of 10)
53
Kuwait Risk/Reward Ratings
54
Market Overview
55
Food
55
Agriculture
55
Table: Fish Volume Sales, Production & Trade - Historical Data & Forecasts, 2011-2018
56
Food Production
56
Meat And Dairy
57
Halal Food
57
Drink
58
Soft Drinks
58
Hot Drinks
58
Alcoholic Drinks
59
Mass Grocery Retail
59
Table: Mass Grocery Retail Market Share By Retailer - 2012 Estimate
60
Table: Structure Of Mass Grocery Retail Market By Number Of Outlets, 2005-2012
61
Table: Estimated Value Of Sales Per Outlet, 2012
61
Industry Trends And Developments
62
Food
62
Key Industry Trends And Developments
62
Drink
67
Key Industry Trends And Developments
67
Mass Grocery Retail
72
Key Industry Trends And Developments
72
Competitive Landscape
74
Table: Key Players In Kuwait's Food & Drink Sector
74
Company Profile
76
Americana (Kuwait Food Company)
76
Kuwait Danish Dairy Corporation
79
Kuwait Flour Mills & Bakeries
81
Unilever North Africa Middle East
84
United Beverages Company
86
Union Of Consumer Cooperative Societies
88
The Sultan Center
90
EMKE Group
92
Global Industry Overview
94
Table: Food And Drink Core Views
103
Demographic Forecast
104
Demographic Outlook
104
Table: Kuwait's Population By Age Group, 1990-2020 ('000)
105
Table: Kuwait's Population By Age Group, 1990-2020 (% of total)
106
Table: Kuwait's Key Population Ratios, 1990-2020
107
Table: Kuwait's Rural And Urban Population, 1990-2020
107
Glossary
108
Food & Drink
108
Mass Grocery Retail
108
Methodology
110
Industry Forecast Methodology
110
Sector-Specific Methodology
111
Sources
111
Risk/Reward Rating Methodology
112
Table: Food & Drink Risk/Reward Rating Indicators
113
Table: Weighting
114

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 Ratings

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

The ratings 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