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Ready-to-Eat Meals - Kuwait

Kuwait
  • Revenue in the Ready-to-Eat Meals market amounts to US$539.60m in 2024. The market is expected to grow annually by 4.35% (CAGR 2024-2029).
  • In global comparison, most revenue is generated China (US$149bn in 2024).
  • In relation to total population figures, per person revenues of US$124.10 are generated in 2024.
  • In the Ready-to-Eat Meals market, volume is expected to amount to 83.10m kg by 2029. The Ready-to-Eat Meals market is expected to show a volume growth of 2.1% in 2025.0.
  • The average volume per person in the Ready-to-Eat Meals market is expected to amount to 17.4kg in 2024.

Definition:

The Ready-to-Eat Meals market covers prepared food and meals that can be eaten as is or after minimal preparation. These meals do not require cooking and are typically consumed after heating. These meals may also include disposable eating utensils. Classic frozen foods include meat, fish, vegetables, filled pasta, and frozen pizzas.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.

For more information on the displayed data, click the info button on the right side of each box.

In-Scope

  • Ready-to-eat meals based on meat, fish or vegetables (e.g salads, sandwiches and wraps, sushi rolls)
  • Frozen pizzas, frozen dinners, frozen breakfast burritos, frozen ethnic foods
  • Frozen appetizers (e.g. spring rolls, dumplings, and chicken wings)
  • Filled pasta
  • Canned pasta meals, meal kits
  • Cup noodles, instant noodle, microwavable ramen bowls

Out-Of-Scope

  • Soups
  • Out-of-home consumption

Revenue

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Volume

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Price

Most recent update: Sep 2024

Source: Statista Market Insights

Sales Channels

Most recent update: Nov 2024

Source: Statista Market Insights

Global Comparison

Most recent update: Sep 2024

Source: Statista Market Insights

Analyst Opinion

The Ready-to-Eat Meals market in Kuwait is currently experiencing minimal growth due to factors such as consumer preference for fresh food and the rise of home-cooked meals. Despite this, convenience and busy lifestyles continue to drive demand for these products in the Convenience Food Market within The Food market of Kuwait.

Customer preferences:
As the convenience food market in Kuwait continues to expand, there has been a noticeable increase in demand for healthy and nutritious ready-to-eat meals. This trend can be attributed to the growing health consciousness among consumers, who are seeking convenient yet healthy options. As a result, there has been a rise in the availability of ready-to-eat meals that cater to specific dietary needs, such as gluten-free, vegan, and low-calorie options. This shift towards healthier meal choices is also influenced by the increasing number of health and wellness initiatives and campaigns in the country.

Trends in the market:
In Kuwait, the Ready-to-Eat Meals Market of the Convenience Food Market within The Food market is experiencing a rise in demand for healthier and more diverse options. Consumers are increasingly looking for convenient meals that cater to their dietary restrictions and preferences. This has led to an increase in the availability of plant-based, gluten-free, and organic ready-to-eat meals. As a result, industry players are investing in research and development to meet these evolving consumer needs. This trend is expected to continue, presenting opportunities for innovation and growth in the market. However, it also poses challenges for traditional players who may need to adapt their offerings to stay competitive.

Local special circumstances:
In Kuwait, the Ready-to-Eat Meals market is influenced by its geographical location and cultural preferences. The country's desert climate and limited access to fresh produce make pre-packaged meals a convenient option for consumers. Additionally, the influence of Middle Eastern and Western cuisines on the local palate has led to a variety of international options in the market. Strict regulations on the import and sale of alcohol and pork also impact the types of ready-to-eat meals available in the market.

Underlying macroeconomic factors:
The Ready-to-Eat Meals Market of the Convenience Food Market within The Food market in Kuwait is influenced by macroeconomic factors such as consumer spending patterns, government policies, and global economic trends. The stability of Kuwait's economy, driven by its oil reserves, has resulted in a high disposable income among its population, leading to increased consumer spending on convenience food products. Additionally, government initiatives to promote healthy eating habits and reduce food waste have also positively impacted the demand for ready-to-eat meals. However, fluctuations in oil prices and geopolitical tensions in the region can hinder market growth. Furthermore, the growing trend of health-conscious consumers and the increasing awareness of the environmental impact of convenience food production also play a significant role in shaping market trends and consumer behavior.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Sep 2024

Source: Statista Market Insights

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