Bahrain Food and Drink Report Q2 2014

Bahrain Food and Drink Report Q2 2014

Published: February 2014
Publisher: Business Monitor International (BMI)
Product ref: 195839
Pages: 110
Format: PDF
Delivery: Immediate download

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BMI View: Bahrain's economy remains on a recovery path heading into 2014, boosted by a normalisation of oil output, continued improvements in non-oil business activity, and steadfast fiscal support from the government. We forecast real GDP growth of 4.3% this year and 3.4% in 2014, up slightly from our previous projections of 3.7% and 3.2%. There is the potential for a robust recovery in private consumption in 2013, helped by strong base effects after growth of only 0.7% in 2012. We forecast an increase of 5.0% in private consumption in 2014, which will have positive implications for food and drink spending.

Headline Industry Data (local currency) ¦ Food consumption (local currency) growth for 2014: +6.4%; compound annual growth rate (CAGR) to 2018: +4.9%. ¦ Soft drinks value sales (local currency) growth for 2014: +4.8%; compound annual growth rate (CAGR) to 2018: +3.8%. • Mass grocery retail sales (local currency) growth for 2014: +8.0%; compound annual growth rate (CAGR) to 2018: +5.9%.

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By market: Bahrain (in Asia)


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