Key regions: United Kingdom, Russia, Philippines, United States, Spain
The Convenience Food Market in Bahrain is witnessing minimal growth due to factors such as low consumer awareness, limited availability of online services, and traditional food preferences. Despite this, the Soups Market within The Food market is slowly gaining traction as consumers seek convenient and healthy options.
Customer preferences: Consumers in Bahrain are showing a growing preference for convenient and nutritious meal options, leading to an increase in demand for soups within the convenience food market. This trend is driven by a shift towards healthier and more convenient food choices, as well as the rising awareness of the importance of a balanced diet. In addition, the growing expat population in Bahrain has also influenced the demand for international flavors and ingredients in soups, catering to diverse tastes and preferences. This trend is likely to continue as consumers prioritize convenience and health in their food choices.
Trends in the market: In Bahrain, the Soups Market of the Convenience Food Market within The Food market is experiencing a shift towards healthier options, with an increasing demand for organic and low-sodium soups. This trend is driven by growing health consciousness among consumers and an emphasis on clean label products. Additionally, there is a rise in demand for convenience, leading to a surge in the availability of single-serve and microwavable soup options. These trends are expected to continue, providing opportunities for industry players to innovate and cater to evolving consumer preferences. However, it also poses challenges for traditional soup brands who may need to adapt their products and marketing strategies to stay competitive in the market.
Local special circumstances: In Bahrain, the Soups Market of the Convenience Food Market within The Food market is heavily influenced by the country's strong cultural ties to traditional, homemade soups. This has resulted in a demand for ready-made soups that closely resemble homemade versions, with specific flavor profiles and ingredients. Additionally, the market is influenced by strict Halal regulations, as Bahrain has a predominantly Muslim population. This has led to the popularity of Halal-certified soups and a growing market for Halal convenience foods in general.
Underlying macroeconomic factors: The Soups Market of the Convenience Food Market within The Food market in Bahrain is heavily influenced by macroeconomic factors such as consumer spending, inflation rates, and government policies. With a strong and stable economy, Bahrain has a high level of consumer confidence and disposable income, leading to increased demand for convenience foods, including soups. Additionally, the government's focus on promoting healthy eating habits and supporting the food industry through investment and policies has further boosted the growth of the soups market in Bahrain. Furthermore, the country's strategic location and strong trade relations with other countries have facilitated the import of a variety of soups, expanding the market and offering consumers a wider range of options.
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.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
