Food - Bahrain | Statista Market Forecast

Food - Bahrain

Bahrain

Highlights

Revenue in the Food market amounts to US$3.34bn in 2024. The market is expected to grow annually by 5.96% (CAGR 2024-2029).
The market's largest segment is the segment Confectionery & Snacks with a market volume of US$680.20m in 2024.
In global comparison, most revenue is generated China (US$2tn in 2024).
In relation to total population figures, per person revenues of US$2.23k are generated in 2024.
In the Food market, 7.4% of total revenue will be generated through online sales by 2024.
In the Food market, volume is expected to amount to 790.70m kg by 2029. The Food market is expected to show a volume growth of 3.6% in 2025.0.
The average volume per person in the Food market is expected to amount to 454.10kg in 2024.

Key regions:

Definition:

The food market covers all edible products that are bought and consumed for nutrient-based purposes. The market includes both fresh and processed foods.

Structure:

The market consists of 13 different markets:

The Dairy products & Eggs market covers animal products, such as milk, eggs and products made from mammal’s milk and non-animal products, such as milk substitutes. This market is divided into six subsegments that include milk, milk substitutes, yogurt, cheese, eggs and other dairy products and eggs.
The Meat market covers animal products, such as pork, poultry, and free-from meat products, such as meat substitutes. This market is divided into three submarkets: fresh meat, processed meat, and meat substitutes.
The Fish & Seafood market covers products made from fish and seafood. This market is divided into three submarkets: fresh fish, fresh seafood, and processed fish & seafood.
Fruits & Nuts cover edible fruits and nuts. This market is divided into three submarkets: fresh fruits, processed & frozen fruits, and nuts.
The Vegetables market covers edible plants. This market is divided into two submarkets: fresh vegetables, processed & frozen vegetables.
The Bread & Cereal products market covers baked goods made from dough. Dough is made using flour, water, a leavening agent, and other optional ingredients. This market also covers products made from cereals that are usually used as part of a main meal. This market is divided into five submarkets: bread, pasta, rice, breakfast cereals and other cereal products.
The Oils and Fats market covers both edible oils and fats made from animals and plants. This market is divided into four submarkets: butter, margarine, edible oils, and other oils & fats.
The Sauces and Spices market covers additional ingredients used during the food preparation process and is divided into three submarkets: tomato ketchup, other sauces, and spices & culinary herbs.
The Convenience food market covers prepared food and meals that require little effort to prepare. This market is divided into two subsegments, soups and ready-to-eat meals.
The Spreads and Sweeteners market covers spreads and ingredients added to food or beverages to give it a sweet flavor. This market is divided into two subsegments, spreads and sweeteners.
The Confectionery & Snacks market covers sweet, savory, and salty food. This market is divided into two subsegments, confectionery and snacks.
The Baby food market covers food that is only meant to be consumed by babies and small children.
The Pet food market covers food that is intended for pet use only.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), and sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included. The out-of-home revenue data is only shown as a separate box at the market level.

For more information on the displayed data, click the info button on the right side of each box.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Food market in Bahrain has been experiencing steady growth, driven by factors such as increasing demand for convenience food, rising health consciousness, and the availability of online food services. However, the market growth rate remains minimal, possibly due to high competition within sub-markets such as dairy products, meat, and vegetables. Other factors impacting growth include fluctuating oil prices, which affect consumer spending, and the challenges faced by the pet food and baby food sub-markets in meeting strict regulatory standards.

Customer preferences: Consumers in Bahrain are becoming more health-conscious and are seeking out healthier food options. This has led to a growing demand for organic, plant-based, and locally sourced products. Additionally, with a rising awareness of sustainability and ethical consumption, there is a trend towards supporting environmentally friendly and socially responsible food brands. This shift in consumer preferences is driven by a combination of cultural values, demographic changes, and an evolving lifestyle towards healthier and more conscious choices.

Trends in the market: In Bahrain, The Food market industry is experiencing a rise in demand for organic and locally sourced products. This trend is driven by consumers' increasing health consciousness and desire for sustainable and ethically produced food. As a result, food producers and retailers are investing in organic and sustainable farming methods, as well as expanding their product lines to cater to this demand. This trend is expected to continue, with potential implications for industry stakeholders such as increased competition and the need to adapt to changing consumer preferences.

Local special circumstances: In Bahrain, The Food market is heavily influenced by the country's small size and high population density. This has led to a strong demand for convenience and accessibility in food options, resulting in a thriving market for online food delivery services. Additionally, Bahrain's diverse cultural influences, such as Arabic, Indian, and Persian, have led to a unique and diverse food market, with a wide variety of cuisines and flavors. The government's efforts to promote Bahrain as a food tourism destination have also contributed to the growth of the market, with the establishment of food festivals and events attracting both locals and tourists alike.

Underlying macroeconomic factors: The Food market in Bahrain is significantly impacted by macroeconomic factors such as economic stability, government policies, and global economic trends. With a strong and growing economy, Bahrain provides a stable environment for businesses to thrive. The government's supportive policies, such as investment incentives and tax exemptions, also contribute to the growth of The Food market. In addition, the increasing demand for food products, driven by a growing population and rising income levels, is propelling the growth of the market. Moreover, the country's strategic location and well-established infrastructure make it an attractive market for food companies looking to expand their presence in the region.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.