2014-02-07 23:11:02 - Kuwait Food and Drink Report Q1 2014 - a new market research report on companiesandmarkets.com
We expect continued steady growth across Kuwait´s food and drink sector, with some subsectors (e.g. soft drinks, snack foods) performing particularly strongly. The country´s economy should continue to grow moderately, with our real GDP forecast for 2014 standing at 2.6% and increasing at a slightly faster rate in 2015. We also expect private consumption activity to remain buoyant and forecast growth of 4.0% for this year and for 2015. Progress on the Kuwait Development Plan is proceeding slowly but should impact positively on both the oil and non-oil sectors, increasing Kuwait´s economic stability and scope for expansion.
Headline Industry Data (local currency)
- 2014 food consumption growth = +2.5%; forecast compound annual growth rate (CAGR) for the five year period to 2017
- 2014 per capita food consumption growth = -0.7%; forecast CAGR 2013 to 2017 = 0.0%
- 2014 soft drinks value sales growth = +25.2%; forecast CAGR 2013 to 2017 = +19.2%
- 2014 mass grocery retail sales growth = +3.2%; forecast CAGR 2013 to 2017 = +2.6%
Click for report details: www.companiesandmarkets.com/Market/Food-and-Drink/Market-Researc ..
Browse all Food and Drink Market Research Reports www.companiesandmarkets.com/Market/Food-and-Drink/Market-Researc ..
Browse all Food and Drink Company Profile Reports www.companiesandmarkets.com/Market/Food-and-Drink/Company-Profil ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.