Industry Analysis of Kuwait - Essay Example

Insert Industry Analysis Kuwait It is evident that Kuwait puts a high priority on foreign direct investment. This makes Kuwait, a desirable partner for many countries that rely on foreign investments for much of their capital. Another indicator that Kuwait possesses the ideal environment for new retail and service offerings from abroad is its high trade relation with the US. Not only does Kuwaiti investment play an important role in capital markets, but also the United States stands as Kuwait’s largest supplier of imported goods.

Kuwait is already home to many modern specialty dining and retail companies from the US, such as The Cheesecake Factory, Cold Stone Creamery, and WokNRoll so it is clear that Kuwait accepts US retail experiences with open arms. One area lacking in the Kuwaiti food industry is the specialty grocery sector. The good news for Whole Foods is that the food labeling standards are more relaxed in Kuwait than in the US. Moreover, many cultural events in Kuwait involve food at any social occasion, and this could be the reason obesity is increasing rapidly in the country.

Introducing Whole Foods in their diet will minimize fast foods that lead to obesity. In Kuwait, cupcakes are sugary foodstuffs that most young adults make, sell, and start a business from, which contributes to the high obesity in Kuwait. People of Kuwait treasure good health which is why they seek solutions like therapists and exercise to avert obesity conditions. This will offer organic food a chance in the market since it is inherently healthy without obesity effects. Globalization is taking place in many different areas; the growth and spread of information media are seen to be part of the culture of globalization.

Despite the growth of globalization, the Kuwaiti national identity remains high.