Anticipated to grow steadily, the Kuwait snacks market is expected to rise from USD 853.9 million in 2023 to USD 1,184.1 million by 2029, with a CAGR of 5.6% throughout the forecast period. In Kuwait, the snacks market is seeing growth due to a combination of increasing disposable incomes and a highly urbanized population. Busy lifestyles, particularly in cities like Kuwait City, are driving demand for convenient snack options such as chips, cookies, and ready-to-eat snacks. Additionally, the health-conscious trend is impacting consumer behavior, with an increasing preference for snacks that are low in sugar, gluten-free, or made with natural ingredients. The presence of international snack brands in the market is also contributing to a wider product offering and increased consumer choice.
The report delivers an in-depth analysis of the Kuwait snacks industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the snacks market.
Market Segmentation
The following outlines the segmentation of the Kuwait snacks market:
Product type: confectionery, ice cream and frozen dessert, savoury snacks, fruit snacks, snack bars, sweet biscuits
Distribution channel: supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, others
The snacks market in the Kuwait is segmented by product type and distribution channel. By product type, the market features confectionery, ice cream and frozen dessert, savoury snacks, fruit snacks, snack bars, and sweet biscuits. Distribution channel segmentation comprises supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, and others.
Competitive Landscape
The snacks market remains highly competitive, with major players including Unilever PLC, The Kuwaiti Danish Dairy Company (KDD), The Hershey Company, Sanchez Cano S.A., Pladis Foods Limited, Petra Food Manufacturing Co., Perfetti Van Melle Group, PepsiCo Inc., Nestle S.A., Mondelez International Inc., McCain Foods Limited, Mars Incorporated, Lotte Corporation, Loacker S.p.A., Kuwait Indo Trading Co. W.L.L, Kuwait Dairy Company, Kervan Gida Sanayi ve Ticaret A.S, Kellanova, IFFCO Group, Haribo GmbH & Company KG, General Mills Inc., Food Industries Co., Ferrero International S.A., Danah Al Safat Foodstuff Co. KPSC, Chocoladefabriken Lindt & Sprungli AG, California Garden Products Inc. (Americana Group Inc), Britannia Industries Ltd., BAHLSEN GmbH & Co. KG. and Al-Rifai Roasteries Est.
This report delivers an in-depth examination of leading companies in the snacks sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Kuwait snacks market.
Gain in-depth analysis and forecasts for the key segments of the Kuwait snacks market: product type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Kuwait snacks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Kuwait snacks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Kuwait Snacks Market – Product Type Analysis
Kuwait Snacks Market – Distribution Channel Analysis
Key Players and Market Share
– Unilever PLC
– The Kuwaiti Danish Dairy Company (KDD)
– The Hershey Company
– Sanchez Cano S.A.
– Pladis Foods Limited
– Petra Food Manufacturing Co.
– Perfetti Van Melle Group
– PepsiCo, Inc.
– Nestle S.A.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Kuwait Snacks Market 2019-2029
Chart Kuwait Snacks Market, Net Growth, 2019-2029
Chart Kuwait Snacks Market, Growth Rates, 2019-2029
Table Kuwait Snacks Market by Product Type, 2019-2029
Chart Kuwait Snacks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Kuwait Snacks Market by Product Type, 2019-2029
Table Kuwait Snacks Market by Distribution Channel, 2019-2029
Chart Kuwait Snacks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Kuwait Snacks Market by Distribution Channel, 2019-2029
Table Kuwait Snacks Market Share (%), by Companies, 2019-2023
Chart Kuwait Snacks Market, by Companies, 2023
Table Kuwait Snacks Market Share (%), by Brands, 2019-2023
Chart Kuwait Snacks Market, by Brands, 2023
Table Kuwait – Population (Millions) and Forecast
Table Kuwait – Consumer Price Index (CPI) and Forecast
Table Kuwait – Gross Domestic Product and Forecast
Table Kuwait Snacks Market: Spend as a Proportion of GDP (%)
Table Kuwait Snacks Market: Consumption per Capita (Population)
Companies Mentioned
Unilever PLC
The Kuwaiti Danish Dairy Company (KDD)
The Hershey Company
Sanchez Cano S.A.
Pladis Foods Limited
Petra Food Manufacturing Co.
Perfetti Van Melle Group
PepsiCo, Inc.
Nestle S.A.
Mondelez International Inc.
McCain Foods Limited
Mars, Incorporated
Lotte Corporation
Loacker S.p.A.
Kuwait Indo Trading Co. W.L.L
Kuwait Dairy Company
Kervan Gida Sanayi ve Ticaret A.S
Kellanova
IFFCO Group
Haribo GmbH & Company KG
General Mills, Inc.
Food Industries Co.
Ferrero International S.A.
Danah Al Safat Foodstuff Co. KPSC
Chocoladefabriken Lindt & Sprungli AG
California Garden Products Inc. (Americana Group Inc)
Britannia Industries Ltd.
BAHLSEN GmbH & Co. KG.
Al-Rifai Roasteries Est