Bahrain Food and Drink Report Q1 2015

Business Monitor International
November 19, 2014
114 Pages - SKU: BMI5388572
Countries covered: Bahrain

Bahrain Food and Drink Report Q1 2015

BMI View: Despite some downside risks, we maintain our positive outlook on food consumption growth inBahrain throughout the forecast period. We forecast food consumption growth in local currency termsfalling only slightly from the 6.4% forecast for 2014, supported as it is by strong growth in the mass groceryretail sector. Real GDP growth of 3.4% in 2014 is expected to be exceeded in 2015 and 2016 with growth ofabove 4% forecast for both years. However, employment and wage growth have slowed in recent monthsand are yet to show signs of improvement.

Headline Industry Data (local currency)

Food consumption growth for 2014: +6.4%; compound annual growth rate (CAGR) 2013 to 2018: +6.2%.

Per capita food consumption growth for 2014: +5.4%; CAGR 2013 to 2018: +4.7%.

Soft drinks value sales growth for 2014: +4.8%; CAGR 2013 to 2018: +4.8%.

Mass grocery retail sales growth for 2014: +8.0%; CAGR 2013 to 2018: +7.5%.



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