In 2023, Kuwait is facing economic challenges due to both global inflation and the restrictions on expat entries, causing a slowdown in demand for cooking ingredients. Inflation, notably soaring cooking oil prices, directly affected both international and local brands, causing consumers to trade down where possible.
In 2023, cooking ingredients may face repercussions due to recent legislation prohibiting expats from entering Kuwait. For over a year now, Kuwait has implemented a ban on entry for Egyptian nationals on any type of visa.
Those living in Kuwait tend to eat three main meals per day, while snacking is also common among people of all socioeconomic levels. Breakfast often consists of sandwiches and/or pies with various fillings, including egg, falafel, fava beans and cheese.
Kuwaitis, particularly those with robust purchasing power, often exhibit a proclivity for exploring new products on a monthly or yearly basis. Cooking ingredients is a popular industry, given that Kuwaitis regularly incorporate cooking oils into their traditional dishes throughout the year.
There are no infrastructure challenges that would influence the supply of cooking ingredients and meals in Kuwait. For instance, all types of grocery retailers are fully accessible.
Over the forecast period, cooking ingredients is expected to maintain its status as one of the most sought-after businesses globally. Distributors, particularly within food companies, will continue to pursue exclusive deals with brands looking to enter Kuwait's market, driven by the intense competition in the industry.
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Understand the latest market trends and future growth opportunities for the Cooking Ingredients and Meals industry in Kuwait with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Cooking Ingredients and Meals industry in Kuwait, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Cooking Ingredients and Meals
This report originates from Passport, our Cooking Ingredients and Meals research and analysis database.
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