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Halal Food and Beverage Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - Nestle, Cargill, Smithfield Foods USA, Midamar

11 Aug, 2022 | 117 Pages
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Halal Food and Beverage market will register a 6.0% CAGR in terms of revenue, the global market size will reach $ 1894830 million by 2027, from $ 1499930 million in 2021.



Halal Food and Beverage Market Overview



Halal food is food that is prepared under stringent Muslim dietary laws. The increase in demand for halal food is predominantly driven by rising Muslim population across the world and increasing expenditure of customers on ethically produced and certified food and beverage products.



More and more efforts for multi-national food chains like Savola group, Nestle, and others to get the halal certification for their products is only helping in augmenting the growth of the halal food market. Yet, the lack of standardized and uniform authority for certification of halal food in numerous economies is one of the factors that can hinder the growth of this industry. Another factor that is expected to see sustainable growth in this market for the foreseeable future is the increasing popularity of halal food among non-Muslim customers in several economies.



A figure released by the “Global Islamic Economy” said that spending of Muslim consumers on halal food will reach US$ 2.6 trillion by 2021 which was US$ 1.8 trillion Previous Year, which shows the potential of the halal food market. Due to educated, diverse, large and predominantly young Muslims of 1.7 billion worldwide and which is growing at a nearly twice as fast as the rate of the world population, the Islamic economy can be considered as one of the fastest-growing sectors worldwide.



Global Halal Food and Beverage Market research provides a detailed Analytical Insights of global market size, regional and country-level scope, segmentation-wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.



Who are the Major Players in the Halal Food and Beverage Market?



The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers, and challenges of the industry has been analyzed in the report.



Top Key players in the Halal Food and Beverage Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Halal Food and Beverage Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Nestle, Cargill, Smithfield Foods USA, Midamar, Namet, Banvit, Carrefour, Isla Delice, Casino, Unilever, Al Islami Foods, BRF, Allanasons, Ramly Food Processing, Halal-ash, China Haoyue Group, Arman Group and others.



Industry News



Assala Halal launched authentic halal deli meat products for the Canadian Muslim market straight from a smokehouse in Montreal, Quebec. The products are free from gluten and soy and do not contain any artificial flavors.





What are the major Applications, Types, and Regions of the Halal Food and Beverage Market?



Halal Food and Beverage Market is segmented based on the type, applications, companies and regions.



By Type




  • Halal Food

  • Halal Drinks

  • Halal Supplements



By end user’s 




  • Hypermarkets/Supermarkets

  • Convenience Stores

  • Online Channel



The report offers an in-depth assessment of the growth and other aspects of the Halal Food and Beverage Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.



Regional Analysis



North America is one of the prominent regions in the global halal foods market with a significant market share. The reason for the robust growth of halal food products in North America can be attributed to high awareness regarding the halal food products and methodologies of animal slaughtering. The halal food market in the Asia Pacific is expected to expand at a significant pace during the forthcoming years attributed to the presence of a huge Muslim population across countries such as Indonesia, Pakistan, and others. The increasing number of halal food vendors across the Asia Pacific is further projected to boost market growth within the region during the forecast period.



Asia Pacific was the largest regional market in Previous Year with revenue estimates of over USD 208.1 billion. This is mainly because of the fact that it accounts for the largest Muslim population in the world. Around 63% of the global Muslim population resides in this region. Indonesia, Pakistan, India, Bangladesh, Myanmar and Morocco are some of the Asia Pacific countries with the largest Muslim population in the world. The overall average fertility proportion of Muslims in the Asia Pacific was three offspring per woman in 2021 to 2026 period, which was relatively higher when compared to the region’s total average fertility rate of 2 children



What is our Halal Food and Beverage Market report scope?



























































Report Attributes



Report Details



Report Title



Halal Food and Beverage Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - Hill-Rom Holding, Inc., Ascom Holding, Johnson Controls (Tyco), Rauland-Borg Corporation



Forecast Period 2022 to 2027 CAGR



CAGR of 6.0 % over the forecast period (2022-2027)



By Type



 




  • Halal Food

  • Halal Drinks

  • Halal Supplements



By Application




  • Hypermarkets/Supermarkets

  • Convenience Stores

  • Online Channel



By Companies



Nestle, Cargill, Smithfield Foods USA, Midamar, Namet, Banvit, Carrefour, Isla Delice, Casino, Unilever, Al Islami Foods, BRF, Allanasons, Ramly Food Processing, Halal-ash, China Haoyue Group, Arman Group



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



116



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Halal Food and Beverage Report




  • Evaluate Halal Food and Beverage market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at the country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.

  • Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Halal Food and Beverage market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.



Frequently Asked Questions



How do you conduct primary research interviews?





We use tools such as video conferences, telephone calls, face-to-face interviews, and questionnaires with key respondents.



What if the report I want is not listed in the repository of your reports?



Market Insights Reports has a repository of reports on various industry verticals and not all of them have been listed on the website. Please contact our sales team with your requirements.



Who are the key players in Halal Food and Beverage Market?





Nestle, Cargill, Smithfield Foods USA, Midamar, Namet, Banvit, Carrefour, Isla Delice, Casino, Unilever, Al Islami Foods, BRF, Allanasons, Ramly Food Processing, Halal-ash, China Haoyue Group, Arman Group



What regions does this Halal Food and Beverage Market report cover?





North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the significant types of Halal Food and Beverage Market?





Halal Food, Halal Drinks, Halal Supplements



What are the major end-use applications of the Halal Food and Beverage Market?



Hypermarkets/Supermarkets, Convenience Stores, Online Channel



All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.



 


  1. INTRODUCTION

    1. MARKET DEFINITION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMELINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

    2. SECONDARY RESEARCH

    3. PRIMARY RESEARCH

    4. SUBJECT MATTER EXPERT ADVICE



  3. QUALITY CHECK

  4. FINAL REVIEW

    1. DATA TRIANGULATION

    2. BOTTOM-UP APPROACH

    3. TOP-DOWN APPROACH



  5. RESEARCH FLOW

  6. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL HALAL FOOD AND BEVERAGE MARKET BY TYPES

    3. GLOBAL HALAL FOOD AND BEVERAGE MARKET BY APPLICATIONS



  7. MARKET DYNAMICS

    1. DRIVERS

      • INCREASING DEMAND FOR HALAL FOOD AND BEVERAGE MARKET  



    2. RESTRAINTS

      • STRINGENT ENVIRONMENTAL REGULATIONS

      • HIGH COST OF MATERIALS



    3. OPPORTUNITIES

      • HALAL FOOD AND BEVERAGE MARKET

      • APPLICATION OF HALAL FOOD AND BEVERAGE MARKET  



    4. IMPACT OF COVID 19



  8. GLOBAL HALAL FOOD AND BEVERAGE MARKET, BY TYPES

    1. HALAL FOOD

    2. HALAL DRINKS

    3. HALAL SUPPLEMENTS

    4. OTHERS



  9. GLOBAL HALAL FOOD AND BEVERAGE MARKET, BY APPLICATION

    1. HYPERMARKETS/SUPERMARKETS

    2. CONVENIENCE STORES

    3. ONLINE CHANNEL

    4. OTHERS



  10. GLOBAL HALAL FOOD AND BEVERAGE MARKET, BY REGION



    1. NORTH AMERICA

      • US

      • CANADA

      • MEXICO



    2. EUROPE

      • GERMANY

      • FRANCE

      • UK

      • ITALY

      • RUSSIA

      • REST OF EUROPE



    3. APAC

      • CHINA

      • SOUTH KOREA

      • JAPAN

      • INDIA

      • AUSTRALIA

      • ASEAN

      • REST OF APAC



    4. MIDDLE EAST & AFRICA

      • SAUDI ARABIA

      • UAE

      • SOUTH AFRICA

      • TURKEY

      • REST OF MEA



    5. SOUTH AMERICA

      • BRAZIL

      • REST OF MEA

      • ARGENTINA

      • REST OF SOUTH AMERICA





  11. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      • KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  12. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

    5. NESTLE, CARGILL

    6. SMITHFIELD FOODS USA

    7. MIDAMAR

    8. NAMET

    9. BANVIT

    10. CARREFOUR

    11. ISLA DELICE

    12.  CASINO

    13. UNILEVER

    14. AL ISLAMI FOODS

    15.  BRF

    16.  ALLANASONS

    17. RAMLY FOOD PROCESSING

    18.  HALAL-ASH

    19. CHINA HAOYUE GROUP

    20. ARMAN GROUP



SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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