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Follow on Google News | Bahrain Food & Drink Report Q1 2011: New research report available at Fast Market ResearchNew Food and Beverage market report from Business Monitor International: "Bahrain Food & Drink Report Q1 2011"
Key Company Trends Online Grocery Shopping Debut - In August 2010, Bahrain's first virtual supermarket was launched. Called Cart, the company has started a new grocery shopping website (cart.com.bh) Investments By Local Player - In October 2010, local retail operator BMMI announced its plans to launch a major retail expansion in Bahrain. The retailer said that it plans to have opened five large supermarkets as well as five neighbourhood stores in the country within five years. The first large supermarket will be opened shortly in Amwaj under the Alosra banner. The Alosra supermarket chain specialises in sourcing Western brands and specialty products, and the company plans on also carrying prepared salads, sandwiches and sushi which will be offered as both take-away and at the in-store cafes, as BMMI looks to target high-spending and health-conscious consumers who value quality and convenience. Key Risks To Outlook National Debt Growing - Bahrain has already doubled its national debt (to 25% of GDP) and earned itself a ratings downgrade by Moody's. Any problems in the financial industry could further delay a privatesector recovery and derail investor and consumer confidence, leaving the government in charge of growth, which is all well and good as long as oil prices stay high. However, as Moody's pointed out recently, the breakeven price has been getting higher and higher. We estimate Bahrain needs an average oil price of US$72/bbl just to balance its books, with anything lower than that likely to entail deficits and further borrowing. A drop in oil prices - While a drop in oil prices does not look likely at the moment, it is certainly not beyond the realm of possibility if BMI's double-dip global downturn scenario plays out. Bahrain will muddle through if the oil price stays high, as is our core scenario, but if it drops again, making the implementation of income tax necessary, then there are serious risks to growth, the size of the expatriate population and the financial sector. For more information or to purchase this report, go to: - http://www.fastmr.com/ Partial Table of Contents: BMI Industry View SWOT Analysis - Bahrain Food Industry SWOT - Bahrain Drinks Industry SWOT - Bahrain Mass Grocery Retail SWOT Business Environment - BMI's Core Global Industry Views - BMI Food & Drink Core Views - Middle East Food & Drink Business Environment Ratings - Regional Food & Drink Business Environment Ratings - Bahrain's Food & Drink Business Environment Rating - Macroeconomic Outlook - Table: Bahrain - Economic Activity Industry Forecast Scenario - Consumer Outlook - Food - Food Consumption - Table: Food Consumption Indicators - Historical Data & Forecasts - Trade - Table: Bahrain Sectoral Trade Balance - Historical Data & Forecasts - Drink - Soft Drinks - Table: Drinks indicators - Mass Grocery Retail - Table: Bahrain Mass Grocery Retail Sales - Value by Format - Historical Data & Forecasts - Table: Bahrain Grocery Retail Sales By Format, 2009 & 2019 Food - Key Industry Trends and Developments - Increasing Interest In Processed Foods - Continued Government Investment - Growing Investment Interest From Non-Regional MNCs - Market Overview - Agriculture - Key Food Processors - Halal Food - Table: Muslim Populations In Selected Middle East & Africa Countries, 2009 Drink - Key Industry Trends and Developments - Carbonates Still Strong - Diversifying Towards New Product Categories - Market Overview - Soft Drinks - Alcoholic Drinks - Hot Drinks Mass Grocery Retail - Key Industry Trends and Developments - Growing Investment In Convenience Retailing - Catching the Eye of Foreign Investors - Market Overview - Table: Structure Of Bahrain's MGR Market - Number Of Outlets, 2004-2009 - Table: Structure Of Bahrain's MGR Market - Sales By Retail Format, 2004-2009 (US$mn) - Table: Structure Of Bahrain's MGR Market - Sales By Retail Format, 2004-2009 (BHDbn) - Table: Value Of Sales Per Outlet, 2008e Competitive Landscape - Table: Key Players in Bahrain's Food & Drink Sector - Table: Bahrain's MGR Key Players Company Monitor - Food - Bahrain Flour Mills Company - General Trading And Food Processing Company (TRAFCO) - Kraft Foods MEA - Delmon Poultry Company - Drink - Full Table of Contents is available at: -- http://www.fastmr.com/ About Business Monitor International Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at http://www.fastmr.com/ About Fast Market Research Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. 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. # # # Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. End
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