By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
  • World
  • Business
  • Technology
  • Sports
  • Lifestyle
Search
Countries
More Topics
  • Health
  • Entertainment
Site Links
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: Bahrain’s poultry market projected to reach $209 million by 2029
Share
Notification Show More
Latest News
Former EU foreign policy chief detained in anti-fraud probe
World
How it’s shaping a knowledge-driven future
Gulf
HONOR’s Magic8 Pro set to redefine night shots with 200MP AI camera
Business
Meta poaches Apple design exec Alan Dye to lead new creative studio in Reality Labs
Technology
Doha Forum is held amid regional, international circumstances requiring concerted efforts: Amir
Gulf
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
Search
  • Home
  • Gulf
  • Business
  • More News
    • World
    • Technology
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > Uncategorized > Bahrain’s poultry market projected to reach $209 million by 2029
Uncategorized

Bahrain’s poultry market projected to reach $209 million by 2029

News Room
Last updated: 2024/10/05 at 12:43 AM
News Room
Share
3 Min Read
SHARE

The poultry meat market in Bahrain has been steadily growing, with a recent report from Mordor Intelligence revealing that it is valued at $197.26 million in 2024 and expected to reach $209.32 million by 2029. Supermarkets and hypermarkets accounted for nearly a quarter of all poultry meat sales in 2022, highlighting the popularity of poultry among consumers. With approximately 8,300 tonnes of poultry produced locally in 2022, prices have become more affordable and the meat more accessible.

The distribution landscape is also evolving, with the foreign trade sector projected to be the fastest-growing channel, expected to expand at a rate of 1.58% between 2023 and 2029. This channel is anticipated to grow by 10.62% annually in terms of value over the same period. Fresh and chilled poultry products are the preferred choice among consumers, making up over 58.5% of sales in 2022, driven by increasing demand from the food service sector.

Foreign direct investment in Bahrain has been on the rise since 2021, reaching $1.76 billion. This influx of foreign partnerships and investments has played a significant role in boosting production levels in the poultry market. With the industry seeing steady growth and evolving distribution channels, Bahrain’s poultry market is poised for further expansion in the coming years.

In conclusion, Bahrain’s poultry meat market is experiencing sustained growth, with a value of $197.26 million in 2024 and expectations to reach $209.32 million by 2029. Supermarkets and hypermarkets are major contributors to poultry meat sales, accounting for nearly a quarter of the market in 2022. Fresh and chilled poultry products continue to be the top choice among consumers, reflecting the demand from the food service sector.

The foreign trade sector is set to witness significant growth, with projections indicating a 1.58% annual expansion between 2023 and 2029. This channel is expected to grow by 10.62% annually in terms of value over the same period. Moreover, foreign direct investment in Bahrain has seen a notable increase, reaching $1.76 billion and playing a key role in boosting production levels in the poultry market. As Bahrain’s poultry market continues to evolve and attract investment, the future looks promising for both producers and consumers alike.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room October 5, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article Riders Celebrate as Dubai Metro Allows E-Scooters Again, Helping Save Money
Next Article Could the new Margex App 3.0 revolutionize cryptocurrency trading as we know it?
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Former EU foreign policy chief detained in anti-fraud probe
World December 6, 2025
How it’s shaping a knowledge-driven future
Gulf December 6, 2025
HONOR’s Magic8 Pro set to redefine night shots with 200MP AI camera
Business December 6, 2025
Meta poaches Apple design exec Alan Dye to lead new creative studio in Reality Labs
Technology December 6, 2025

You Might also Like

Uncategorized

Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World

July 1, 2025
Uncategorized

The Myriad Redefines Student Living for a Mobile, Urban Generation

May 27, 2025
Uncategorized

Bitget Celebrates Bitcoin Pizza Day by Distributing Over 5000 Pizzas in Over 20 Cities Worldwide

May 22, 2025
Uncategorized

Qatari Citizens and Residents come together for Eid Al-Fitr Prayers and Celebrations in Photos

March 30, 2025
Uncategorized

CNTXT and Oracle Strengthen AI Collaboration to Drive Innovation

February 14, 2025
Uncategorized

PIF introduces $7 billion Murabaha Credit Facility for the first time

January 6, 2025
Uncategorized

Pound Sterling Price Update and Prediction: GBP strengthens as risk sentiment improves

January 6, 2025
Uncategorized

Preventing Stomach Flu in Children during Winter: Tips from PHCC Expert

January 6, 2025
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?