Kuwait Food and Drink Report - Business Monitor International - Industry Reports

Kuwait Food and Drink Report

Kuwait Food and Drink Report - Business Monitor International - Industry Reports
Kuwait Food and Drink Report
Published Sep 03, 2016
70 pages — Published Sep 03, 2016
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

Household consumption growth will remain robust over the coming quarters, supported by low interest rates, abundant liquidity conditions and increases in handouts earlier this year. Loans to the private sector and point of sale transactions point to continued growth in household consumption. ...That said, Kuwait has the financial wherewithal to cope with any short-term volatility in oil prices, which effectively moderates the risks of a more substantial downturn. Kuwait s five-year development plan (---------), which envisages spending of over USD---bn on infrastructure projects, hospitals, power stations and more than ---,--- residential housing units, is expected to boost economic activity in the country. That said, Kuwait has the financial wherewithal to cope with any short-term volatility in oil prices, which effectively moderates the risks of a more substantial downturn. ...Indeed, our Autos research team notes that Kuwait continues to represent one of the more attractive autos markets in the Gulf region, with positive growth potential in volume terms and in high-end segments. Given Kuwait s extremely high levels of GDP per capita, we do not expect any significant impact on private consumption from the government s plans to reduce some electricity subsidies.

...BMI View: Kuwait benefits from a large and growing wealthy consumer base, which will maintain positive spending power despite economic pressures. Lower food inflation will further boost consumer spending, increasing the demand for high-value goods. ...Lower food inflation will further boost consumer spending, increasing the demand for high-value goods. The country s large Muslim population will support growth within the non-alcoholic beverage segment stemming from rising prospects for innovation and premiumisation. The MGR sector remains dominated by government-backed cooperative formats, though we expect rising need for convenience will encourage modern outlets expansion. ...

...The country is heavily reliant on food and drink imports. Although fairly large by regional standards, Kuwait s small population is a deterrent to investors seeking long-term volume gains. Production and import of alcohol is illegal in Kuwait, stamping out a potentially lucrative market. The lack of land suitable for outlet development restricts international operators interested in major expansion plans from entering Kuwait. The implementation of the Kuwaitisation policy in a low skilled labour market increases labour market risk. ...

  
Source:
Document ID
1749-2793
Country
Industry
Industry
Industry
Industry
Industry
Industry
Format:
PDF Adobe Acrobat
Buy Now

Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

About the Author


Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Kuwait Food and Drink Report" Sep 03, 2016. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Kuwait-Food-and-Drink-Report-2026-455>
  
APA:
Business Monitor International - Industry Reports. (2016). Kuwait Food and Drink Report Sep 03, 2016. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Kuwait-Food-and-Drink-Report-2026-455>
  
US$ 1,295.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Market Research from one place.