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%.
Key Company Trends
Nestlé To Triple Current Sales By 2020: Nestlé announced plans in February 2014 to triple its current level of sales in the Middle East region by 2020. The company said that it expects to invest around USD400mn into building new factories and creating new brands. Nestlé has said that the reason for its expansion is down to strong levels of economic growth that are expected across the entire region over the next several years. Currently, the company's largest market in the region is Saudi Arabia, generating around 35% of total sales volume for the region, followed by the United Arab Emirates, Lebanon, Jordan and Kuwait.
Waitrose Exit Poses Questions About Retail Opportunity: In November 2013, upmarket UK food retailer Waitrose announced that it was to leave Bahrain after its local partner Supa Save Bahrain announced plans to exit and look for buyers. Waitrose entered...
The Bahrain Food & Drink Report features Business Monitor International (BMI)'s market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.
BMI's Bahrain Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in Bahrain.Key Benefits
CoverageBMI Industry View
- Benchmark BMI's independent food and drink industry forecasts for Bahrain to test other views - a key input for successful budgeting and strategic business planning in the Bahraini food and drink market.
- Target business opportunities and risks in Bahrain through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
- Exploit latest competitive intelligence on your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.
Summary of BMI's key industry forecasts, and views, covering food and drink manufacturing and consumption and the retail market.Business Environment Ratings
BMI's Food & Drink Business Environment Ratings provide a country-comparative Risk-Reward Ratings index aimed at investors, food and drink manufacturers and mass grocery retailers.
The ratings methodology makes sophisticated use of over 40 industry, economic and demographic data points.Industry SWOT Analysis
Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the food, drink and mass grocery retail sectors, and within the broader political, economic and business environment.Food Forecasts
BMI's food chapter is divided into sections such as Meat, Fish, Confectionary, Dairy and Canned Foods, and provides insight into a market's food industry, centred on a forecast to end-2018 for the sector. The chapter includes the following elements:
Industry Forecast Scenario - Historical data series and forecasts to end-2018 for growth of key indicators within a market's food industry. Including consumption, food consumption as % of GDP, canned food sales, confectionery sales and food and drink imports and exports, among others.
Industry Developments - A summary of corporate developments, including news on M&As, FDI, expansions, closures and financial results, in addition to analysis and explanation of the latest industry events and how these could influence further investment.
Market Overview - An overview of the structure of the market, introducing the key players and discussing underlying trends.Drink Forecasts
Segmented the same way as BMI's food chapter, the drink section provides insight into the market's drink industry, centred on a forecast to end-2018 for the sector. Forecast indicators include alcoholic and soft drink sales by value, volume and sub-sector and tea and coffee sales, among others.Mass Grocery Retail Forecasts
Segmented the same way as BMI's food and drink chapters, the mass grocery retail section provides insight into a market's grocery retail industry, centred on a forecast to end-201 for the sector. Forecast indicators include mass grocery retail sales by format (including supermarkets, hypermarkets, convenience and discount stores) and a breakdown for the organised retail sector versus the traditional sector, among others.Competitive Landscape & Profiles
Illustration of the industry via rankings tables comparing revenues, number of outlets and number of employees. BMI analyses each company's market position, business strategies and investment potential.
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 growt h 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.