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Key regions: India, United States, Russia, South Korea, Japan
The Eggs Market in The Food market of Bahrain has experienced slow growth due to factors such as low consumer awareness and limited availability of online services. However, with the increasing health consciousness among consumers, the market is expected to witness a gradual rise in demand.
Customer preferences: As consumers become more health-conscious, there has been a rise in demand for organic and free-range eggs in Bahrain. This trend is driven by the growing awareness of the negative impact of conventional egg production on the environment and animal welfare. Additionally, the popularity of plant-based diets and the rise of veganism have also contributed to the shift towards sustainable and ethical egg consumption.
Trends in the market: In Bahrain, the Eggs Market of the Dairy Products & Eggs Market within The Food market is experiencing a surge in demand for organic and free-range eggs. This trend is driven by consumers' growing concerns about the health and ethical implications of conventional egg production. As a result, more farmers are switching to sustainable and humane practices, and retailers are expanding their offerings of these premium eggs. This trend is expected to continue, as consumers become more conscious of their food choices and demand for ethically-sourced products. Industry stakeholders should adapt to this trend by investing in sustainable production methods and marketing these products to target consumers.
Local special circumstances: In Bahrain, the Eggs Market of the Dairy Products & Eggs Market within The Food market is influenced by the country's small size and high population density. This has led to a strong demand for locally sourced and fresh eggs, resulting in the rise of small-scale egg farms and local egg producers. Additionally, Bahrain's cultural and religious practices have also shaped the market, with a preference for halal-certified eggs and an increase in demand during religious holidays and events. The government's strict food safety regulations also play a role in ensuring high-quality eggs are available in the market.
Underlying macroeconomic factors: The Eggs Market of the Dairy Products & Eggs Market within The Food market in Bahrain is influenced by macroeconomic factors such as consumer purchasing power, government regulations, and trade policies. The country's stable economic growth and favorable trade agreements with neighboring countries have created a conducive environment for market growth. Additionally, increasing health consciousness and changing dietary patterns are driving the demand for high-quality eggs, leading to the growth of the market. Moreover, technological advancements and investments in the dairy industry are expected to further boost market growth in the coming years.
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.Lu - vi, 9:30 - 17:00 h (CET)
Lu - vi, 9:00 - 18:00 h (EST)
Lu - vi, 9:00 - 17:00 h (SGT)
Lu - vi, 10:00 - 18:00 h (JST)
Lu - vi, 9:30 - 17:00 h (GMT)
Lu - vi, 9:00am-6:00pm (EST)