Business Monitor International


Kuwait Food & Drink Report

Published 17 June 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 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%

Key Industry Developments

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. It is the franchise partner for a number of US food companies trading in the region, including KFC and Pizza Hut (both owned by Yum! Brands), Red Lobster and Olive Garden (owned by Florida-based Darden restaurant group), TGI Friday's, and Costa coffee shop. It is also a major producer of packaged and frozen foods.

Kout To Sell UK - Based Maison Blanc Patisserie: Following the acquisition of the UK-based Little Chef chain of roadside eateries in the summer of 2013 (in a deal thought to be worth about GBP15mn), Kuwait-based Kout Food Group announced in December 2013 that it was to sell its UK-based Maison Blanc patisserie chain. According to a report in Mubasha.info, the company's chairman was mandated to sell Maison Blanc for GBP8.39mn, making...

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 And Forecasts, 2011-2018
18
Confectionery
18
Table: Confectionery Value/Volume Sales - Historical Data And Forecasts, 2011-2018
19
Snack Food
19
Table: Snack Foods Volume Sales, Production & Trade - Historical Data And Forecasts, 2011-2018
19
Dairy
23
Table: Dairy Volume Sales, Production & Trade - Historical Data And Forecasts, 2011-2018
23
Pasta
25
Table: Pasta Volume Sales, Production & Trade - Historical Data And Forecasts, 2011-2018
26
Oils And Fats
27
Table: Oils And Fats Volume Sales, Production & Trade - Historical Data And Forecasts, 2011-2018
28
Drink
30
Soft Drinks
30
Table: Bottled Water Volume Sales, Production And Trade - Historical Data And Forecasts, 2011-2018
31
Hot Drinks
32
Table: Coffee Volume Sales, Production And Trade - Historical Data And Forecasts, 2011-2018
33
Mass Grocery Retail
34
Table: Mass Grocery Retail Sales By Format - Historical Data And Forecasts, 2011-2018
36
Table: Retail Segment Make-Up
36
Trade
37
Table: Trade Indicators - Historical Data And Forecasts, 2011-2018
37
Macroeconomic Forecasts
38
Economic Analysis
38
Government Consumption Outlook: Pickup In Growth
40
Fixed Investment: Finally Looking More Positive
41
Net Exports Outlook: Limited Growth Opportunities Ahead
43
Table: Kuwait - Economic Activity
45
Industry Risk Reward Ratings
46
Middle East And North Africa - Risk/Reward Ratings
46
Table: Middle East & North Africa Food & Drink Risk/Reward Ratings Q314
47
Table: Middle East & North Africa Food & Drink Risk/Reward Sub-Factor Ratings Q314 (scores out of 10)
51
Kuwait Risk/Reward Ratings
52
Market Overview
53
Food
53
Agriculture
53
Table: Fish Volume Sales, Production & Trade - Historical Data And Forecasts, 2011-2018
54
Food Production
54
Meat And Dairy
55
Halal Food
55
Drink
56
Soft Drinks
56
Hot Drinks
56
Alcoholic Drinks
57
Mass Grocery Retail
57
Table: Mass Grocery Retail Market Share By Retailer - 2012 Estimate
58
Table: Structure Of Mass Grocery Retail Market By Number Of Outlets, 2005-2012
59
Table: Estimated Value Of Sales Per Outlet, 2012
59
Industry Trends And Developments
60
Food
60
Key Industry Trends And Developments
60
Drink
65
Key Industry Trends And Developments
65
Mass Grocery Retail
70
Key Industry Trends And Developments
70
Competitive Landscape
72
Table: Key Players In Kuwait's Food & Drink Sector
72
Company Profile
74
Americana (Kuwait Food Company)
74
Kuwait Danish Dairy Corporation
77
Kuwait Flour Mills & Bakeries
79
Unilever North Africa Middle East
82
United Beverages Company
84
Union Of Consumer Cooperative Societies
86
The Sultan Center
88
EMKE Group
90
Global Industry Overview
92
Table: Food And Drink Core Views
101
Demographic Forecast
102
Table: Kuwait's Population By Age Group, 1990-2020 ('000)
103
Table: Kuwait's Population By Age Group, 1990-2020 (% of total)
104
Table: Kuwait's Key Population Ratios, 1990-2020
105
Table: Kuwait's Rural And Urban Population, 1990-2020
105
Glossary
106
Food & Drink
106
Mass Grocery Retail
106
Methodology
108
Industry Forecast Methodology
108
Sector-Specific Methodology
109
Sources
109
Risk/Reward Rating Methodology
110
Table: Food & Drink Risk/Reward Rating Indicators
111
Table: Weighting
112

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.

secure
Benefit from discounts when you add multiple products to your basket
2 Products SAVE 10%
3 Products SAVE 15%
4 Products SAVE 20%
5 Products SAVE 25%
6 Products SAVE 30%
7 - 20 Products SAVE 35%
21 Products or more SAVE 40%

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