Europe Halal Food & Beverage Market Forecast 2023-2032

Europe Halal Food & Beverage Market Forecast 2023-2032

KEY FINDINGS

The Europe halal food & beverage market is expected to record a CAGR of 6.01% during the forecast period, 2023-2032. Companies are increasingly extending their product categories in halal meals due to the halal snacks trend in the region. For instance, Tahira Foods recently started offering frozen halal snack options like falafels, spring rolls, samosas, kebabs, breaded foods, and burgers.

MARKET INSIGHTS

The Netherlands, Italy, France, Spain, Germany, the United Kingdom, and Rest of Europe are evaluated for the Europe halal food & beverage market growth assessment. The increasing Muslim population in Germany, particularly Turkish Muslims, is fueling the expansion of the country's halal food and beverage market. Halal meat enjoys substantial popularity in the region, and numerous companies, such as Stolle Chicken Halal, adhere to rigorous standards of quality and animal welfare while producing and selling their products. Consequently, these companies can freely offer their goods in the German market without facing any restrictions. Although halal pasta and noodles are widely available in the German market, they are primarily imported from the United States, Korea, Thailand, and other countries, with limited presence from domestic players.

In the case of German halal bread sales, local bakeries dominate the market due to their evolving nature. Established market players are currently making significant adjustments to enter this sector. One of the key challenges lies in ensuring that all raw ingredients, including butter, cream, and eggs, fully comply with Halal law and are sourced exclusively from Halal-certified providers.

COMPETITIVE INSIGHTS

Some of the leading companies in the market are Nestlé SA, Cargill Incorporated, One World Foods, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments