Bahrain Food and Drink Report Q3 2014

Bahrain Food and Drink Report Q3 2014

Published: May 2014
Publisher: Business Monitor International (BMI)
Product ref: 208291
Pages: 109
Format: PDF
Delivery: Immediate download

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BMI View: We hold a positive outlook on food consumption growth in Bahrain in 2014 and through our forecast period to 2018. We believe that food consumption growth in local currency terms will come in at 6.4% in 2014, boosted by the mass grocery retail sector, which will achieve sales growth of 8.0% this year. The macroeconomic picture looks similarly promising. Our Country Risk team forecasts real GDP growth of 3.4% in 2014, before this accelerates to 4.2% in 2015 and then remains around this level. Real private final consumption growth is expected to outpace this, at 5.8% in 2014, and average 5.3% per year between 2013 and 2018.

Headline Industry Data (local currency) ¦ Food consumption (local currency) growth for 2014: +6.4%; compound annual growth rate (CAGR) 2013 to 2018: +6.2%. ¦ Per capita food consumption (local currency) growth for 2014: +5.4%; CAGR 2013 to 2018: +4.7%. ¦ Soft drinks value sales (local currency) growth for 2014: +4.8%; CAGR 2013 to 2018: +4.8%. ¦ Mass grocery retail sales (local currency) growth for 2014: +8.0%; CAGR 2013 to 2018: +7.5%.

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By sector: General drinks

By market: Bahrain (in Asia)


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