Market Research

Halal Food and Beverages Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

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from $4,850 204 Pages Fortune Business Insights Pvt. Ltd. November, 2024 FOB19326562
Best Price Guarantee
Price from $4,850
Length 204 Pages
Publisher Fortune Business Insights Pvt. Ltd.
Published Date November, 2024
SKU FOB19326562

Halal Food and Beverages Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Halal Food and Beverages Market

The Halal Food and Beverages market size was valued at USD 1.96 trillion in 2023, and the market is now projected to grow from USD 2.09 trillion in 2024 to USD 3.27 trillion by 2032, exhibiting a CAGR of 6.56% during the forecast period of 2024-2032.

The disturbance of the halal nourishment and refreshment industry's supply chains due to the quick spread of COVID-19 has contrarily influenced the halal food and beverages market growth. The driving producers in Islamic and non-Islamic nations experienced a lessening in labor, which altogether influenced the generation capability. Moreover, the lull in request for retail items such as pre-cooked and ready-to-eat meat items contrarily affected the industry.

With the increment within the Muslim populace, the halal industry has extended encourage into way of life offerings, counting halal travel, neighborliness administrations, and design. This advancement is attributed to the alter within the mentality of Muslim buyers and moral shopper patterns around the world. Due to the rising concerns with respect to worldwide issues such as maintainability, natural security, and creature welfare, the halal industry is anticipated to witness vigorous development within another 7 years.

Buyer mindfulness within the halal nourishment segment has significant impact on the improvement of the showcase over the past few a long time. There's a developing drift of devouring such items for moral and security reasons among non-Muslim customers. Way of life changes across the world have been altogether reflected within the advancement of shopping, cooking, and dietary propensities. The developing mindfulness of the relationship between eat less and wellbeing and the expanding request for prepared comfort nourishments has given rise to unused subsectors of the nourishment advertise that fuel the halal nourishment and refreshments showcase development.

Comprehensive Analysis of Halal Food and Beverages Market

On the division of product type analysis, the market section of halal food and beverages is segmented into fruits, vegetables, nuts, dairy products, non-dairy products, meat, poultry seafood, cereal and grain-based products. The seafood, meat and poultry to stand out as the largest segment of product type analysis. The customer information that the creature is butchered in a halal way essentially drives the market. Conventional retailers hold the major advertise share as butcher shops mainly offer halal meat, poultry, and fish items in most Islamic nations and non-Islamic nations.

Asia Pacific market with an estimated valuation of USD 1.20 trillion holding a dominant halal food and beverages market share in 2020. Pakistan, India, Indonesia and Bangladesh have the most noteworthy Islamic populace, which makes the Asia Pacific region noticeable for the development of the halal nourishments industry. The market for halal foods and beverages within the region turns out to be profitable because of the expanding optional pay levels and rising concerns related to animal welfare among customers.

The worldwide market shows an exceedingly divided structure, with different multinational companies holding a noteworthy share within the showcase. The most profitable players operating in the market are: Cargill, Inc. (U.S.), American Foods Group, LLC (U.S.), Saffron Road (U.S.), Al Islami Foods (U.K.), DagangHalal Group (Malaysia), BRF S.A. (Brazil), Nestle S.A. (Switzerland), and Unilever (U.K.) are centering on modern item advancements, mergers and acquisitions, to solidify the advertise. The arrival of small players within the market altogether contributes to the competition inside the market, which emphatically impacts the development rate of this market.

Within the month of October 2019, U.K.-based brand Marks & Spencer has propelled its claim halal-prepared dinners within the retail market.

Segmentation Table

ATTRIBUTE

DETAILS

Study Period

2017-2028

Base Year

2020

Estimated Year

2021

Forecast Period

2021-2028

Historical Period

2017-2019

Unit

Value (USD trillion)

By Product Type

Meat, Poultry & Seafood

Dairy Products

Cereal & Grain-based Products

Non-dairy Beverages

Fruits, Vegetables & Nuts

By Distribution Channel

Traditional Retailers

Supermarkets/Hypermarkets

Online Retail

Others

By Geography

North America (By Product Type, By Distribution Channel & By Country)
  • U.S. (By Distribution Channel)
  • Canada (By Distribution Channel)
  • Mexico (By Distribution Channel)
Europe (By Product Type, By Distribution Channel & By Country)
  • U.K. (By Distribution Channel)
  • Germany (By Distribution Channel)
  • France (By Distribution Channel)
  • Russia (By Distribution Channel)
  • Rest of Europe (By Distribution Channel)
Asia Pacific (By Product Type, By Distribution Channel & By Country)
  • China (By Distribution Channel)
  • India (By Distribution Channel)
  • Indonesia (By Distribution Channel)
  • Malaysia (By Distribution Channel)
  • Australia (By Distribution Channel)
  • Rest of Asia- Pacific (By Distribution Channel)
South America (By Product Type, By Distribution Channel & By Country)
  • Brazil (By Distribution Channel)
  • Argentina (By Distribution Channel)
  • Rest of South America (By Distribution Channel)
Middle East & Africa (By Product Type, By Distribution Channel & By Country)
  • UAE (By Distribution Channel)
  • Saudi Arabia (By Distribution Channel)
  • Rest of the Middle East & Africa (By Distribution Channel)
Please Note: It will take 5-6 business days to complete the report upon order confirmation.


1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Emerging Trends
4. Key Insights
4.1. Overview of the Parent/Related Markets
4.2. Industry SWOT Analysis
4.3. Supply Chain Analysis
4.4. Recent Industry Developments - Policies, Partnerships, New Source Launches, and Mergers and Acquisitions
4.5. Market Analysis and Insights (in Relation with COVID-19)
4.5.1. Impact of COVID-19 on the Market
4.5.2. Supply Chain Challenges due to the Pandemic
4.5.3. Potential Opportunities Due to COVID-19
5. Global Halal Food and Beverages Market Analysis, Insights and Forecast, 2017-2028
5.1. Key Findings / Summary
5.2. Market Size Estimates and Forecast
5.2.1. By Product Type
5.2.1.1. Meat, Poultry and Seafood
5.2.1.2. Dairy Products
5.2.1.3. Cereal and Grain-based Products
5.2.1.4. Non-dairy Beverages
5.2.1.5. Fruits, Vegetables and Nuts
5.2.2. By Distribution Channel
5.2.2.1. Traditional Retailers
5.2.2.2. Supermarkets/Hypermarkets
5.2.2.3. Online Retail
5.2.2.4. Others
5.2.3. By Region
5.2.3.1. North America
5.2.3.2. Europe
5.2.3.3. Asia Pacific
5.2.3.4. South America
5.2.3.5. Middle East and Africa
6. North America Halal Food and Beverages Market Analysis, Insights and Forecast, 2017-2028
6.1. Key Findings / Summary
6.2. Market Size Estimates and Forecast
6.2.1. By Product Type
6.2.1.1. Meat, Poultry and Seafood
6.2.1.2. Dairy Products
6.2.1.3. Cereal and Grain-based Products
6.2.1.4. Non-dairy Beverages
6.2.1.5. Fruits, Vegetables and Nuts
6.2.2. By Distribution Channel
6.2.2.1. Traditional Retailers
6.2.2.2. Supermarkets/Hypermarkets
6.2.2.3. Online Retail
6.2.2.4. Others
6.2.3. By Country (Value)
6.2.3.1. U.S.
6.2.3.1.1. By Distribution Channel (Value)
6.2.3.1.1.1. Traditional Retailers
6.2.3.1.1.2. Supermarkets/Hypermarkets
6.2.3.1.1.3. Online Retail
6.2.3.1.1.4. Others
6.2.3.2. Canada
6.2.3.2.1. By Distribution Channel (Value)
6.2.3.2.1.1. Traditional Retailers
6.2.3.2.1.2. Supermarkets/Hypermarkets
6.2.3.2.1.3. Online Retail
6.2.3.2.1.4. Others
6.2.3.3. Mexico
6.2.3.3.1. By Distribution Channel (Value)
6.2.3.3.1.1. Traditional Retailers
6.2.3.3.1.2. Supermarkets/Hypermarkets
6.2.3.3.1.3. Online Retail
6.2.3.3.1.4. Others
7. Europe Halal Food and Beverages Market Analysis, Insights and Forecast, 2017-2028
7.1. Key Findings / Summary
7.2. Market Size Estimates and Forecast
7.2.1. By Product Type
7.2.1.1. Meat, Poultry and Seafood
7.2.1.2. Dairy Products
7.2.1.3. Cereal and Grain-based Products
7.2.1.4. Non-dairy Beverages
7.2.1.5. Fruits, Vegetables and Nuts
7.2.2. By Distribution Channel
7.2.2.1. Traditional Retailers
7.2.2.2. Supermarkets/Hypermarkets
7.2.2.3. Online Retail
7.2.2.4. Others
7.2.3. By Country (Value)
7.2.3.1. Germany
7.2.3.1.1. By Distribution Channel (Value)
7.2.3.1.1.1. Traditional Retailers
7.2.3.1.1.2. Supermarkets/Hypermarkets
7.2.3.1.1.3. Online Retail
7.2.3.1.1.4. Others
7.2.3.2. France
7.2.3.2.1. By Distribution Channel (Value)
7.2.3.2.1.1. Traditional Retailers
7.2.3.2.1.2. Supermarkets/Hypermarkets
7.2.3.2.1.3. Online Retail
7.2.3.2.1.4. Others
7.2.3.3. Russia
7.2.3.3.1. By Distribution Channel (Value)
7.2.3.3.1.1. Traditional Retailers
7.2.3.3.1.2. Supermarkets/Hypermarkets
7.2.3.3.1.3. Online Retail
7.2.3.3.1.4. Others
7.2.3.4. U.K.
7.2.3.4.1. By Distribution Channel (Value)
7.2.3.4.1.1. Traditional Retailers
7.2.3.4.1.2. Supermarkets/Hypermarkets
7.2.3.4.1.3. Online Retail
7.2.3.4.1.4. Others
7.2.3.5. Rest of Europe
7.2.3.5.1. By Distribution Channel (Value)
7.2.3.5.1.1. Traditional Retailers
7.2.3.5.1.2. Supermarkets/Hypermarkets
7.2.3.5.1.3. Online Retail
7.2.3.5.1.4. Others
8. Asia Pacific Halal Food and Beverages Market Analysis, Insights and Forecast, 2017-2028
8.1. Key Findings / Summary
8.2. Market Size Estimates and Forecast
8.2.1. By Product Type
8.2.1.1. Meat, Poultry and Seafood
8.2.1.2. Dairy Products
8.2.1.3. Cereal and Grain-based Products
8.2.1.4. Non-dairy Beverages
8.2.1.5. Fruits, Vegetables and Nuts
8.2.2. By Distribution Channel
8.2.2.1. Traditional Retailers
8.2.2.2. Supermarkets/Hypermarkets
8.2.2.3. Online Retail
8.2.2.4. Others
8.2.3. By Country (Value)
8.2.3.1. China
8.2.3.1.1. By Distribution Channel (Value)
8.2.3.1.1.1. Traditional Retailers
8.2.3.1.1.2. Supermarkets/Hypermarkets
8.2.3.1.1.3. Online Retail
8.2.3.1.1.4. Others
8.2.3.2. India
8.2.3.2.1. By Distribution Channel (Value)
8.2.3.2.1.1. Traditional Retailers
8.2.3.2.1.2. Supermarkets/Hypermarkets
8.2.3.2.1.3. Online Retail
8.2.3.2.1.4. Others
8.2.3.3. Malaysia
8.2.3.3.1. By Distribution Channel (Value)
8.2.3.3.1.1. Traditional Retailers
8.2.3.3.1.2. Supermarkets/Hypermarkets
8.2.3.3.1.3. Online Retail
8.2.3.3.1.4. Others
8.2.3.4. Australia
8.2.3.4.1. By Distribution Channel (Value)
8.2.3.4.1.1. Traditional Retailers
8.2.3.4.1.2. Supermarkets/Hypermarkets
8.2.3.4.1.3. Online Retail
8.2.3.4.1.4. Others
8.2.3.5. Indonesia
8.2.3.5.1. By Distribution Channel (Value)
8.2.3.5.1.1. Traditional Retailers
8.2.3.5.1.2. Supermarkets/Hypermarkets
8.2.3.5.1.3. Online Retail
8.2.3.5.1.4. Others
8.2.3.6. Rest of Asia Pacific
8.2.3.6.1. By Distribution Channel (Value)
8.2.3.6.1.1. Traditional Retailers
8.2.3.6.1.2. Supermarkets/Hypermarkets
8.2.3.6.1.3. Online Retail
8.2.3.6.1.4. Others
9. South America Halal Food and Beverages Market Analysis, Insights and Forecast, 2017-2028
9.1. Key Findings / Summary
9.2. Market Size Estimates and Forecast
9.2.1. By Product Type
9.2.1.1. Meat, Poultry and Seafood
9.2.1.2. Dairy Products
9.2.1.3. Cereal and Grain-based Products
9.2.1.4. Non-dairy Beverages
9.2.1.5. Fruits, Vegetables and Nuts
9.2.2. By Distribution Channel
9.2.2.1. Traditional Retailers
9.2.2.2. Supermarkets/Hypermarkets
9.2.2.3. Online Retail
9.2.2.4. Others
9.2.3. By Country (Value)
9.2.3.1. Brazil
9.2.3.1.1. By Distribution Channel (Value)
9.2.3.1.1.1. Traditional Retailers
9.2.3.1.1.2. Supermarkets/Hypermarkets
9.2.3.1.1.3. Online Retail
9.2.3.1.1.4. Others
9.2.3.2. Argentina
9.2.3.2.1. By Distribution Channel (Value)
9.2.3.2.1.1. Traditional Retailers
9.2.3.2.1.2. Supermarkets/Hypermarkets
9.2.3.2.1.3. Online Retail
9.2.3.2.1.4. Others
9.2.3.3. Rest of South America
9.2.3.3.1. By Distribution Channel (Value)
9.2.3.3.1.1. Traditional Retailers
9.2.3.3.1.2. Supermarkets/Hypermarkets
9.2.3.3.1.3. Online Retail
9.2.3.3.1.4. Others
10. Middle East and Africa Halal Food and Beverages Market Analysis, Insights and Forecast, 2017-2028
10.1. Key Findings / Summary
10.2. Market Size Estimates and Forecast
10.2.1. By Product Type
10.2.1.1. Meat, Poultry and Seafood
10.2.1.2. Dairy Products
10.2.1.3. Cereal and Grain-based Products
10.2.1.4. Non-dairy Beverages
10.2.1.5. Fruits, Vegetables and Nuts
10.2.2. By Distribution Channel
10.2.2.1. Traditional Retailers
10.2.2.2. Supermarkets/Hypermarkets
10.2.2.3. Online Retail
10.2.2.4. Others
10.2.3. By Country (Value)
10.2.3.1. Saudi Arabia
10.2.3.1.1. By Distribution Channel (Value)
10.2.3.1.1.1. Traditional Retailers
10.2.3.1.1.2. Supermarkets/Hypermarkets
10.2.3.1.1.3. Online Retail
10.2.3.1.1.4. Others
10.2.3.2. UAE
10.2.3.2.1. By Distribution Channel (Value)
10.2.3.2.1.1. Traditional Retailers
10.2.3.2.1.2. Supermarkets/Hypermarkets
10.2.3.2.1.3. Online Retail
10.2.3.2.1.4. Others
10.2.3.3. Rest of Middle East and Africa
10.2.3.3.1. By Distribution Channel (Value)
10.2.3.3.1.1. Traditional Retailers
10.2.3.3.1.2. Supermarkets/Hypermarkets
10.2.3.3.1.3. Online Retail
10.2.3.3.1.4. Others
11. Competitive Matrix
11.1. Business Strategies Adopted by Leading Players
11.2. Global Halal Food and Beverages Market Revenue Share/Ranking Analysis, By Key Manufacturer, 2020
12. Company Profiles
12.1. Nesle S.A.
12.1.1. Overview
12.1.2. Description
12.1.3. Source Portfolio
12.1.4. Financials (Data as available in public domain and/or on paid databases)
12.1.5. Recent Developments
12.2. Cargill, Inc.
12.2.1. Overview
12.2.2. Description
12.2.3. Source Portfolio
12.2.4. Financials (Data as available in public domain and/or on paid databases)
12.2.5. Recent Developments
12.3. American Foods Group, LLC
12.3.1. Overview
12.3.2. Description
12.3.3. Source Portfolio
12.3.4. Financials (Data as available in public domain and/or on paid databases)
12.3.5. Recent Developments
12.4. Unilever
12.4.1. Overview
12.4.2. Description
12.4.3. Source Portfolio
12.4.4. Financials (Data as available in public domain and/or on paid databases)
12.4.5. Recent Developments
12.5. BRF S.A.
12.5.1. Overview
12.5.2. Description
12.5.3. Source Portfolio
12.5.4. Financials (Data as available in public domain and/or on paid databases)
12.5.5. Recent Developments
12.6. Saffron Road
12.6.1. Overview
12.6.2. Description
12.6.3. Source Portfolio
12.6.4. Financials (Data as available in public domain and/or on paid databases)
12.6.5. Recent Developments
12.7. Tahira Foods Ltd.
12.7.1. Overview
12.7.2. Description
12.7.3. Source Portfolio
12.7.4. Financials (Data as available in public domain and/or on paid databases)
12.7.5. Recent Developments
12.8. Al Islami Foods
12.8.1. Overview
12.8.2. Description
12.8.3. Source Portfolio
12.8.4. Financials (Data as available in public domain and/or on paid databases)
12.8.5. Recent Developments
12.9. QL Foods Sdn Bhd
12.9.1. Overview
12.9.2. Description
12.9.3. Source Portfolio
12.9.4. Financials (Data as available in public domain and/or on paid databases)
12.9.5. Recent Developments
12.10. DagangHalal Group
12.10.1. Overview
12.10.2. Description
12.10.3. Source Portfolio
12.10.4. Financials (Data as available in public domain and/or on paid databases)
12.10.5. Recent Developments
13. Appendix

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