"Bahrain Food & Drink Report Q4 2015" Published

From: Fast Market Research, Inc.
Published: Wed Sep 09 2015

Despite some downside risks, we maintain our positive outlook on food consumption growth in Bahrain throughout our forecast period to 2019 . We forecast food consumption growth in local currency terms of 5.7%, down from 6. 6 % in 2014, supported by strong growth in the mass grocery retail (MGR) sector. Real GDP growth is forecast to reach 3. 4 % in 2 015 and 3. 2 % in 2016 . However, employment and wage growth 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: +5.8%.

Per capita food consumption growth for 2015: +4.5%; CAGR 2014 to 2019: +4.3%.

Soft drinks value sales growth for 2015: +4.6%; CAGR 2014 to 2019: +4.7%.

MGR sales growth for 2015: +7.1%; CAGR 2014 to 2019: +7.4%.

Full Report Details at
- http://www.fastmr.com/prod/1038213_bahrain_food_drink_report_q4.aspx?afid=302

Key Trends And Developments

SPAR International Opens New Stores In The Gulf Region

SPAR International announced in July 2015 that it had opened two new SPAR stores in the United Arab Emirates (UAE), bringing its total presence there to three stores. The retailer is partnering Abu Dhabi Cooperative Society, a local retailer, for its Middle East expansion, with the latter opening SPAR stores in the UAE under licence. SPAR International views the Middle East as a region with considerable development potential for its brand and it is aiming to have 20 stores across the region by the end of 2017.

Concern Grows Over Nestl e' s Maggi Brand Noodles

The Bahrain Food & Drink Report features BMI Research'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

* 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

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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