Despite a slump in global oil prices over much of the review period and the onset of the pandemic in 2020, Kuwait’s economy began to slowly recover in 2021. Demand continued for dairy products and alternatives among the relatively wealthy population, though worryingly high obesity rates are leading more consumers to adopt healthier lifestyles.
Since the onset of the coronavirus (COVID-19) pandemic, the Ministry of Commerce of Kuwait shut down all business except for essential ones such as those that produce food, package food, or sell food. This gave such businesses an advantage over those that had to close.
Consumers tend to eat three main meals, and snacking is common among people of all socioeconomic levels. Breakfast often consists of sandwiches and pies with various fillings, including eggs, falafel, fava beans and cheese.
From the beginning of the pandemic, several local companies brought foreign workers into the country for unjustified reasons. The government responded by charging these companies with corruption.
Since 2020, the government of Kuwait has ensured that all commercial ports are operating at full capacity to ensure the flow of food into the country and provide food security for the population. Moreover, during the pandemic and lockdowns, the Ministry of Commerce and Industry ensured that all businesses that deal with food products comply with all safety guidelines and were allowed to remain open.
Dairy products and alternatives is expected to register solid value growth over the forecast period, boosted by an improving economy. Dairy, the largest category in packaged food, is set to see one of the strongest performances.
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Dairy Products and Alternatives
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