Market Forecast By Product Types (Instant Breakfast/Cereals, Instant Soups and Snacks, Ready Meals , Baked Goods, Meat Products & Others), By Distribution Channels (Hypermarkets/Supermarkets, Online Retail Stores , Convenience Stores & Others) and competitive landscape
Product Code: ETC003375 | Publication Date: Aug 2020 | Updated Date: Aug 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Bahrain Ready to Eat Food Market registered a growth of 45.6% in value shipments in 2022 as compared to 2021 and a decrease of -1.33% CAGR in 2022 over a period of 2017. In Ready to Eat Food Market Bahrain is becoming less competitive as HHI index in 2022 was 1537 while in 2017 it was 1306. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
"Bahrain has reportedly relied more on domestic production to meet its growing demand in Ready to Eat Food Market. India is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of Ready to Eat Food Market in 2022 was 0.04 while in 2017 it was 5.8. united kingdom (UK), Turkey, USA, Bangladesh and Spain were among the top players of the market in 2022, where united kingdom (UK) acquired the largest market share of 24.27% with a shipment value of 0.13 million USD in 2022 united kingdom (UK) also offered the product above the average market price, but remained at the leadership position indicating the trust it holds in the Ready to Eat Food Market. In 2017 united kingdom (UK) had the largest market share of 23.32% with the shipment value of 0.09 million USD. The country was offering its product with an average price which is higher than the average market price offered in the country. Although united kingdom (UK) offers its product above the market average price, it remained at the leadership position indicating the brand value it holds in the Bahrain Ready to Eat Food Market in 2017."
Bahrain Ready to Eat Food Market is anticipated to register potential growth projections during the forecast period 2020-26F owing to rising changes in the dietary needs of the natives of Bahrain. Also, a substantial increase in the domestic production of ready to eat foods along with rising concerns for the fulfillment of the nutritional needs of the population in the country is anticipated to provide immense benefits for the growth of Bahrain ready to eat food market in the coming years.
According to 6Wresearch, Bahrain Ready to Eat Food Market is anticipated to witness growth during the forecast period 2020-26F. The spread of COVID-19 has impacted the market growth of Bahrain ready to eat food market backed by the disturbances in the import of certain ingredients used for the preparation of ready to eat foodstuffs along with the disruptions in the production activities across the country to contain the spread of the virus. However, increased hygiene concerns have propelled the sales of ready to eat foodstuffs along with the need for shelf piling of products. Also, by the end of the year 2020, as the COVID-19 virus marks slowdown, Bahrain ready to eat food market is expected to register a promising growth.
On the basis of types, canned and frozen ready to eat meat products are anticipated to dominate the revenues in the overall Bahrain Ready to Eat Food market in the coming years owing to the rising concerns regarding consumption of hygienic food along with the fulfillment of the necessary nutritional content. Changing consumer behavior, tight budgets, limited access to fresh foods, escalating needs for hygiene, increasing demand for the convenience of cooking by consumers and rising preferences of the natives towards consumption of healthy food are the potential drivers of the Bahrain Ready to Eat Food market and are expected to trigger the sound market growth in the upcoming six years.
The Bahrain Ready to Eat Food report thoroughly covers the market by Product Types, and by Distribution Channels. Bahrain Ready to Eat Food outlook report provides an unbiased and detailed analysis of the on-going Bahrain Ready to Eat Food trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
Markets Covered
The Bahrain Ready to Eat Food Market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of The Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Bahrain Ready to Eat Food Market Overview |
3.1. Bahrain Ready to Eat Food Market Revenues, 2016-2026F |
3.2. Bahrain Ready to Eat Food Market Revenue Share, By Product Types, 2019 & 2026F |
3.3. Bahrain Ready to Eat Food Market Revenue Share, By Distribution Channels, 2019 & 2026F |
3.4. Bahrain Ready to Eat Food Market Revenue Share, By Countries, 2019 & 2026F |
3.5. Bahrain Ready to Eat Food Market Industry Life Cycle |
3.6. Bahrain Ready to Eat Food Market- Porter’s Five Forces |
4. Bahrain Ready to Eat Food Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Bahrain Ready to Eat Food Market Trends |
6. Bahrain Ready to Eat Food Market Overview, By Product Types |
6.1. Bahrain Ready to Eat Food Market Revenues, By Instant Breakfast/Cereals, 2016-2026F |
6.2. Bahrain Ready to Eat Food Market Revenues, By Instant Soups and Snacks, 2016-2026F |
6.3. Bahrain Ready to Eat Food Market Revenues, By Ready Meals, 2016-2026F |
6.4. Bahrain Ready to Eat Food Market Revenues, By Baked Goods, 2016-2026F |
6.5. Bahrain Ready to Eat Food Market Revenues, By Others, 2016-2026F |
6.6. Bahrain Ready to Eat Food Market Revenues, By Meat Products, 2016-2026F |
7. Bahrain Ready to Eat Food Market Overview, By Distribution Channels |
7.1. Bahrain Ready to Eat Food Market Revenues, By Online Retailers, 2016-2026F |
7.2. Bahrain Ready to Eat Food Market Revenues, By Convinieince Stores, 2016-2026F |
7.3. Bahrain Ready to Eat Food Market Revenues, By Hypermarkets/Supermarkets, 2016-2026F |
7.4. Bahrain Ready to Eat Food Market Revenues, By Others, 2016-2026F |
8. Bahrain Ready to Eat Food Market Overview, By Region |
8.1. Bahrain Ready to Eat Food Market Revenues, By Region, 2016-2026F |
8.2. Bahrain Ready to Eat Food Market Volume, By Region, 2016-2026F |
9. Bahrain Ready to Eat Food Market Key Performance Indicators |
10. Bahrain Ready to Eat Food Market Opportunity Assessment |
10.1. Bahrain Ready to Eat Food Market, Opportunity Assessment, By Product Types, 2025F |
10.2. Bahrain Ready to Eat Food Market, Opportunity Assessment, By Region, 2025F |
11. Bahrain Ready to Eat Food Market Competitive Landscape |
11.1. Bahrain Ready to Eat Food Market Competitive Benchmarking, By Product |
11.2. Bahrain Ready to Eat Food Market Revenue Share, By Company, 2019 |
12. Company Profiles |
13. Key Strategic Recommendations |
14. Disclaimer |