Market Size of Kuwait Dairy Products Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 1.06 Billion |
Market Size (2029) | USD 1.42 Billion |
CAGR (2024 - 2029) | 5.91 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Kuwait Dairy Products Market Analysis
The Kuwait Dairy Products Market size is estimated at USD 1.06 billion in 2024, and is expected to reach USD 1.42 billion by 2029, growing at a CAGR of 5.91% during the forecast period (2024-2029).
During the initial wave of business and community shutdowns, Kuwait's dairy products were in high demand. But major issue was the disrupted supply chains, including dairy snacks, as, during the lockdown, Middle Eastern countries like Kuwait closed their borders or raised trade barriers.
The government regulates the Kuwaiti dairy industry and must strictly adhere to health and hygiene regulations similar to the GCC and international standards. The dairy industry in Kuwait is also characterized by active foreign trade of exports and imports.
Global Burden of Disease Study claims Kuwait to be the fourth most obese country in the world. Sourcing the concern, consumers are finally developing a sense of healthy living, leading them to progressively opt for food with functional attributes, including functional dairy products, such as probiotic yogurt, sour milk, and others.