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New market study, "Bahrain Food & Drink Report Q4 2014", has been published [ClickPress (UK)](ClickPress (UK) Via Acquire Media NewsEdge) [ClickPress, Thu Sep 18 2014] 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, though we note that potential headwinds exist. Our Country Risk team forecasts real GDP growth of 3.4% in 2014, before rising to 3.8% in 2015. Though strong growth, this represents a slight downturn on 2013, when real GDP growth came in at 5.3%. Furthermore, employment growth has slowed in recent months, along with wage growth. 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%. Full Report Details at - http://www.fastmr.com/prod/872558_bahrain_food_drink_report_q4_2014.aspx?afid=301 Key Company Trends BRF Increases Stake In Federal Foods : In April 2014, Brazilian food company BRF has its stake in the UAE-based Federal Foods for USD27.8mn. In January 2013, BRF had acquired a 49% interest in Federal Foods for USD37.1mn. The transaction is part of the Brazilian company's strategy to expand its presence across international markets and boost its brands and distribution, while expanding its product portfolio in the Middle East. The UAE company distributes a range of chilled, frozen and dry line food products of other brands and suppliers to retail, food service and wholesale firms in the region. 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... 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 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. You may also be interested in these related reports: - Mexico Food & Drink Report Q4 2014 - Chile Food & Drink Report Q4 2014 - Germany Food & Drink Report Q4 2014 - Colombia Food & Drink Report Q4 2014 - Australia Food & Drink Report Q4 2014 (c) 2014 ClickPress Provided by SyndiGate Media Inc. (Syndigate.info). |