New market study, "Kuwait Food & Drink Report Q2 2016", has been published

From: Fast Market Research, Inc.
Published: Tue Mar 29 2016


Despite the current economic slowdown, we expect Kuwait's food and drink industry will experience positive growth over our five-year forecast period, driven by sustained household spending. We believe premiumisation will remain high in the food sector, as demand for non-essential foods increases and carbonated soft drinks consumption remains strong. We expect premiumisation to drive investment from supermarkets and hypermarkets formats, with a marginal decline in co-operative stores formats .

Latest Updates & Industry Developments

Full Report Details at
- http://www.fastmr.com/prod/1130938_kuwait_food_drink_report_q2.aspx?afid=301

Demand for staple foods will remain resilient in Kuwait, with rice and meat sales driving growth.

We believe the introduction of a soft drinks tax in 2017 across the Gulf Cooperation Council countries will not hit the Kuwaiti carbonated soft drinks market over our five-year forecast period to 2020, with carbonated soft drinks sales reaching a compound annual growth rate of 10.7%.

We expect an increase in the investment in supermarkets and hypermarkets formats in Kuwait, as consumer spending rises and consumers have more purchasing power for premium products.

The Kuwait Food & Drink Report features BMI Research'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'sKuwait 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 mass grocery retail market.

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.

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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