"Kuwait Food & Drink Report Q1 2015" now available at Fast Market Research

Kuwait's food and drink sector will benefit from robust private consumption growth over the coming quarters, supported by recurrent salary hikes and handouts, as well as low interest rates and abundant liquidity conditions. 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

* Total food consumption (local currency) growth (year-on-year, y-o-y) in 2014: +2.3%; compound annual growth rate (CAGR) 2013-2018: +2.9%
* Per capita food consumption (local currency) growth (y-o-y) in 2014: -0.9%; CAGR 2013-2018: +0.2%
* Bottled water volume (litres) sales growth (year-on-year, y-o-y) in 2014: +4.2%; CAGR 2013-2018: +4.0
* Total mass grocery retail (MGR) sales (local currency) growth (year-on-year, y-o-y) in 2014: +3.1%; compound annual growth rate (CAGR) 2013-2018: +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.

Full Report Details at
- http://www.fastmr.com/prod/924204_kuwait_food_drink_report_q1_2015.aspx?afid=301

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...

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

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