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North America Halal Food and Beverages Market - Growth, Trends and Forecasts (2020 - 2025)

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    Report

  • 90 Pages
  • April 2020
  • Region: North America
  • Mordor Intelligence
  • ID: 4703879
North American market for halal food and beverages is projected to grow at a CAGR of 3.5% during the forecast period (2020 to 2025).

Halal food items have become popular amongst both Muslim and non-Muslim consumers as they have evolved from being an identification mark of religious observation to the assurance of food safety, hygiene and reliability.

Moreover, the flourishing e-commerce industry has facilitated consumers with easy accessibility of halal-certified food products.

The presence of multinational manufacturers and exporters of halal food and beverages in the region is another major factor driving the market growth.

Key Market Trends

Increasing Demand for Halal Based Food

The Muslim population is increasing, so is the demand for food products that are halal certified. The market is growing due to the demand for healthy food such as processed meat, bakery products and other food prepared according to strict Islamic dietary laws and thus foods are considered healthy and hygienic when compared to non-halal foods. The halal food and beverage sector has grown substantially during recent years owing to the halal certification that meets the increased need for quality assurance. Also, multinational food producers continue to get the halal certification, indicating the sector’s broader viability.

United States Dominates the Market

The growing knowledge about personal health and nutrition among non-Muslims Americans promotes halal food and beverages, which is based on the idea of clean, fresh, and hygienic, food & beverages. The consumers are more open to adopting unconventional food domains like halal food as a result of increasing awareness regarding nutritional benefits. However, strict rules and regulations are imposed by the government to regulate the halal food industry, and for controlling mislabeling and deceptive practices. The sales and distribution of products in the United States happen primarily through organized and modern retail channels.

Competitive Landscape

The North America halal food and beverage market is highly competitive with several players competing to get a major share in the market. The major manufacturers operating in the market are focusing on expanding their presence and developing various flavors in various product segments, partnerships and mergers and acquisitions in order to cater to the needs of consumers. The key players are Nestle SA, American Foods Group, LLC, Midamar Corporation and Halal Snacks LLC among others.

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Table of Contents

1 INTRODUCTION
1.1 Study Assumptions & Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
3.1 Market Overview
4 MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Halal Food
5.1.1.1 Meat Products
5.1.1.2 Bakery Products
5.1.1.3 Dairy Products
5.1.1.4 Confectionery
5.1.1.5 Others
5.1.2 Halal Beverages
5.1.3 Halal Supplements
5.2 By Distribution Channel
5.2.1 Supermarket/Hypermarket
5.2.2 Convenience Stores
5.2.3 Specialty Stores
5.2.4 Other Distribution Channels
5.3 By Country
5.3.1 United States
5.3.2 Canada
5.3.3 Mexico
5.3.4 Rest of North America
6 COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Nestle SA
6.4.2 Pampanga's Best, Inc.
6.4.3 American Halal Company, Inc.
6.4.4 Prima Agri-Products
6.4.5 Ecolite Biotech Manufacturing Sdn Bhd
6.4.6 Noor Pharmaceuticals LLC
7 MARKET OPPORTUNITIES AND FUTURE TRENDS

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Nestle SA
  • Pampanga's Best, Inc.
  • American Halal Company, Inc.
  • Prima Agri-Products
  • Ecolite Biotech Manufacturing Sdn Bhd
  • Noor Pharmaceuticals LLC

Methodology

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