FOOD CHOICE INSPIRATIONS LEADING ACROSS CULTURES
Food Choice has almost singlehandedly shaped the taste palate of the Kuwaiti market over the last 20 years by carefully introducing brands from all across the world.
BIOGRAPHY
Marwan Fares is the founder of Food Choice and its current CEO. He has acquired years of experience in the Kuwaiti market, in particular the food and beverages and pastry industries, using that experience to expand and grow Food Choice Company. Fares pursued his basic education in Lebanon. He also attended a training course about food industry in Switzerland.Since its establishment in 2005, what have been the key factors of growth for Food Choice?
The quality, service, and solutions we offer have been essential to achieve our targets. Our creativity is also a key factor behind our success. We have been looking for brands that really fit the needs and demands of the Kuwaiti market, and we have succeeded in implementing and developing such brands. We started with one or two brands and only a few employees, and have grown to more than 65 brands and 200 employees. We also have a presence in Saudi Arabia, the UAE, and an office in Canada. At present, we have an extensive presence in co-ops, hotels, restaurants, and pastry-bakery shops. We always want to bring innovative and creative solutions to the market in order to remain at the forefront of helping consumers improve their lifestyles. There are risks associated with going after new products and solutions, but there is also a great deal of potential.
What elements are you considering before deciding to distribute and represent a brand in Kuwait?
Over the years, we have developed our knowledge about the local market and we have been able to build a solid base of products that are likely to succeed. We often create an idea about what is likely to be popular in the market before starting to search for the actual product; the process of finding new products is long and resource intensive. We have to make sure that the product will fit with the demands and interests of local customers.
What are the major trends and tastes in the Kuwaiti market?
Kuwait is a well-traveled nation. Therefore, we try to bring Italian, French, Lebanese, Japanese, and other tastes into the market. Some of these tastes were readily accepted, but others were too ahead of their time and consumers needed to be eased into these tastes. At the end of the day, our hard work has allowed us to be in line with the tastes and demands of the local market.
What were the key factors in your expansion outside of Kuwait?
We recognized an opportunity in Saudi Arabia in 2012 as the Saudi market was large and relatively untapped, and thought that we could make real inroads with our unique offerings. We moved into Dubai in 2014 for similar reasons, and we developed a presence in Canada in 2013, where we only make special orders for certain clients. We are currently looking closely at Qatar and Bahrain and have established a factory in Turkey. This factory makes canned products for our own brands. We believe in being not just a distributor but in being a company that makes its own vision. We want to bring value from scratch and create something that is unique and special to us.
What are your expectations for 2019?
2019 will be a good year for us and the market. We are always optimistic. We are always looking to meet targets and develop new products and innovative ideas. We have new brands in the pipeline. We invite experts from our suppliers and help customers discover and understand the products. We also host events that help the launch of new products. The Kuwaiti market is an important one, with a promising future for growth. It is characterized by purchasing power due to the strength of the local currency, the current economic stability, and the successive projects carried out by the state and the civil sector.
What is your perspective of Kuwaiti youth and small enterprises?
Young people are adventurous in nature and tend toward establishing small companies or one-man enterprises that do not need large sums of money. It allows the project owner to run his own company flexibly and independently without having to comply with the procedures required to make decisions in companies. This limited liability is the reason why many use a part of their savings or seek loans to start their dream project. Currently, in Kuwait we see many such small companies becoming an important part of the services, restaurants, and entertainment options available.
FOOD CHOICE INSPIRATIONS LEADING ACROSS CULTURES
TABLE OF CONTENTS
Interview
Adel Abdul Wahab Al-Majed , Chairman, Kuwait Banking Association (KBA)
Through a broad array of information, specialized committees, staff expertise, and other resources, KBA supports Kuwait's banks as they perform their critical role in energizing the economy and helping communities thrive.
read articleInterview
Sheikh Dr. Meshaal Jaber Al-Ahmed Al-Sabah, Director General, Kuwait Direct Investment Promotion Authority (KDIPA)
KDIPA adopts a proactive approach to attract value-added direct investments supported by an integrated promotional strategy serving Kuwait's developmental goals in line with its National Vision 2035.
read articleCommuniqué
Legal Reform and Infrastructure Projects Spell Opportunity for Foreign Investors
Along with the introduction and modernization of new laws and regulations, the vision of His Highness Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah to transform Kuwait into an international center for commerce and industry by 2035 is already being implemented through Kuwait's National Development Plan. Coupled with the promulgation of progressive FDI regulations, these new opportunities spell positive news for foreign companies looking to conduct business in Kuwait.
read articleFocus: Developing connectivity
Connecting the Dots
Today, connectivity is hardly indispensible for individuals and the companies where they work. Kuwait's smart cities, considered elsewhere in the book, will thrive on it, and meanwhile the nation continues to register notable business deals from the informatics sector.
read articleInterview
Khalid Abbas , Country Manager-Kuwait, Unilever
Contributing to the improved health and wellbeing of communities and reducing environmental footprint are key priorities for Unilever, which is committed to improving the health and wellbeing of up to 1 billion people globally by 2020.
read articleInterview
Mohammed Yousif Soud Al-Sabah , Board Chairman & Director, Public Authority of Agriculture Affairs and Fish Resources (PAAAFR)
PAAAFR has adapted a package of policies to face challenges inherent to deserts, hot climate, and water scarcity, bringing Kuwait closer to achieving national food security, one step at a time.
read articleInterview
Yang Chunsen, Vice President/ Chief Representative, China State Construction Engineering Corporation Middle East (CSCME) Kuwait
CSCME is a technology-driven company that leverages its R&D and long-standing partnership with the government to increase its participation in the future development of Kuwait.
read article