Halal Food Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Halal Food Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Halal Foods are food items, which are free from components that are prohibited for consuming for Muslim community, according to the Islamic law. These foods are prepared, processed, produced, made, manufactured, or stored in utensils and machinery that have cleaned according to laws of Islamic community.
The global halal food market is expanding rapidly, owing to rising Muslim population together with the increase in people who consume these food for non-religious reasons. The U.S. sales of overall halal food market in the past few years recorded an upsurge to US$ 20 billion in 2016, a 15.0% increase since 2012. This trend is predicted to continue in near future as well.
Market Dynamics
In 2021, meat products segment accounted for the largest market share in the global halal food market. In 2021, the segment contributed for over 44.0% share in the market in terms of revenue. Increasing consumption of meat products across the globe is predicted to drive the demand for meat products across the globe.
Among regions, in 2021, Asia Pacific held dominant position in the global halal food market and contributed revenue share of around 56.0% in the global market. The market growth is driven by increasing population in the region coupled with rising consumption of halal food in ASEAN countries such as Malaysia, Indonesia, and others.
Key features of the study:
This report provides in-depth analysis of halal food market and provides market size (US$ Bn) and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by key players
It profiles key players in the global halal food market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include, Cargill Inc., Al Islami Foods, QL Resources Sdn Bhd, Haoyue Group, Kawan Food Berhad, BRF S.A., and Saffron Road Food
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
The global Halal Food market report caters to various stakeholders in this industry including investors, suppliers, halal food manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global halal food market
Detailed Segmentation:
Global Halal Food Market, By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
Global Halal Food Market, By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
Global Halal Food Market, By Region:
North America
U.S.
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
Canada
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
Latin America
Brazil
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
Argentina
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
Mexico
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
Rest of Latin America
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
Europe
Germany
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
U.K.
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
Netherlands
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
Italy
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
Spain
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
Russia
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
Rest of Europe
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
Asia Pacific
China
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
India
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
ASEAN
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
Japan
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
South Korea
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
Australia
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
Rest of Asia Pacific
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
Middle East
GCC
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
Israel
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
Rest of Middle East
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
Africa
Northern Africa
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
Central Africa
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
South Africa
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Stores
Convenience Stores
Specialty Stores
Others
Company Profiles
Cargill Inc.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Al Islami Foods
QL Resources Sdn Bhd
Haoyue Group
Kawan Food Berhad
BRF S.A.
Saffron Road Food
“*” marked represents similar segmentation in other categories in the respective section.