Global Halal Food Market Size study, by Product Type (Grain Products, Fruits & Vegetables, Milk & Milk Products, Meat & Alternatives, Combination Foods, Others), by End-User (Household, Food Industry) and Regional Forecasts 2022-2028
Global Halal Food Market is valued at approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Halal food refers to foods prepared in accordance with Islamic dietary laws and regulations, which govern what foods are allowed and clean. Consumers in the Muslim community avoid Haram foods and beverages, which are prohibited or unlawful by their Islamic faith. Halal foods are safe and do not include any non-halal or unclean components, according to Islamic principles. The growing Muslim population and increasing halal tourist trend have led to the adoption of Halal Food across the forecast period. For Instance: as per Statista in 2021, Halal meat and its alternatives currently account for over 52% of the global halal food market in 2019. By 2028, this will have only marginally decreased to 49%. Food and beverages is the main sector in the entire halal consumer industry, with a global expenditure value of approximately 1.17 billion US dollars. By 2024, the population will have risen to 1.38 billion. Also, with the growing popularity of halal dishes among non-Muslims and variety of flavours and health advantages, the adoption & demand for Halal Food is likely to increase the market growth during the forecast period. However, Halal food regulations vary from nation to nation which may impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the Global Halal Food market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the growing Muslim population and increasing halal tourist trend. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as growing popularity of halal dishes among non-Muslims and variety of flavours and health advantages would create lucrative growth prospects for the Halal Food market across Asia-Pacific region.
Major market players included in this report are:
Al Islami Foods
Ql Foods
Saffron Road Food
Dagang Halal
Janan Meat
Kawan Foods
Cargill Inc.
Prima Agri-Products
Nestle
BRF S.A.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Grain Products
Fruits & Vegetables
Milk & Milk Products
Meat & Alternatives
Combination Foods
Others
By End-User:
Household
Food Industry
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Halal Food Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Al Islami Foods
Ql Foods
Saffron Road Food
Dagang Halal
Janan Meat
Kawan Foods
Cargill Inc.
Prima Agri-Products
Nestle
BRF S.A.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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