Market Research Report
Top Growth Opportunities: Bakery & Cereals in Kuwait, 2019
|Published by||GlobalData||Product code||562808|
|Published||Content info||60 Pages
Delivery time: 1-2 business days
|Top Growth Opportunities: Bakery & Cereals in Kuwait, 2019|
|Published: October 23, 2019||Content info: 60 Pages||
Top Growth Opportunities for Bakery & Cereals in Kuwait provides recommended actions and detailed analysis of how to target the best growth opportunities for Bakery & Cereals producers and retailers. Readers can understand what categories, channels, companies, and consumers will drive the success of Bakery & Cereals markets in Kuwait through GlobalData's detailed and robust data, expert insight, and case studies.
GlobalData's Top Growth Opportunity reports use a risk versus reward opportunity model to identify the best growth markets for Bakery & Cereals producers. Through this in-depth study of market and category dynamics, readers are able to identify key opportunities, and what they need to do in order to target them.
Among the top 10 high-potential countries, the Kuwaiti bakery & cereals sector ranked ninth on the GlobalData Opportunity Score and was valued at US$626.3 million in 2018. Supported by solid GDP growth of 2.0% in 2018 and continued positive macroeconomic performance, the Kuwaiti bakery & cereals sector is poised to witness value growth at a CAGR of 6.5% over 2018-2023. Furthermore, consumer confidence and expenditure has been maintained despite the continuing trade war with the US. To counter the effects of this trade war, the Kuwaiti Government has introduced new tax cuts for businesses, greater infrastructure spending, and looser monetary policy.
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