Bahrain Food and Drink Report Q2 2015

BMI Research
February 18, 2015
106 Pages - SKU: BMI5470762
Countries covered: Bahrain

Bahrain Food and Drink Report Q2 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 termsreaching 5.7%, down from 6.6% in 2014, supported as it is by strong growth in the mass grocery retailsector. Real GDP growth is forecast to reach 3.8% in 2015 and 2016. However, employment and wagegrowth have slowed in recent months and are yet to show signs of improvement.

Headline Industry Data (local currency)

Food consumption growth for 2015: +5.7%; compound annual growth rate (CAGR) 2014 to 2019:+5.9%.

Per capita food consumption growth for 2015: +4.5%; CAGR 2014 to 2019: +4.2%.

Soft drinks value sales growth for 2015: +4.4%; CAGR 2014 to 2019: +4.6%.

Mass grocery retail sales growth for 2015: +7.1%; CAGR 2014 to 2019: +7.2%.



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