The infant food market size in Kuwait has shown significant fluctuations over the past decade. From a consistent volume of 6.0 thousand metric tons between 2014 and 2016, the market experienced a sharp decline in 2017 to 4.0 thousand metric tons. While there was some recovery in 2018 and 2019, with a volume of 5.0 thousand metric tons, the market faced another drop in 2020 to 4.15 thousand metric tons. The year 2021 saw a slight upswing to 5.0 thousand metric tons, only to fall again to 4.0 thousand metric tons in 2022 and maintain that level in 2023. The five-year compound annual growth rate (CAGR) up to 2023 was -4.36%, indicating a steady decline.
Future trends point towards a continued decrease in market size, with forecasted volumes showing a consistent reduction to 3.38 thousand metric tons by 2028. The forecasted five-year CAGR is -2.84%, leading to an overall decline of 13.43% from 2023 levels. Factors to watch for include demographic shifts, changing consumer preferences, and potential economic impacts on disposable incomes that could influence the demand for infant food products.
