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Global Halal Food Market, by Product Type, by Application, by Distribution Channel, by Region, Size and Forecast, 2015-2025

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  • 120 Pages
  • March 2019
  • Region: Global
  • Blueweave Consulting & Research Pvt Ltd
  • ID: 4793163
The global halal food market size worth over USD 700 billion in 2018, anticipated to reach USD 1,060 billion during 2019-2025 at a CAGR of 7.2%.The global halal food market has witnessed a rampant rise in demand for halal-certified products in a fast few years. The increasing population of Muslims across the globe with the increase in disposable income to utilize these products & services is expected to further augment the growth of the market over the coming years. With a large, diverse, and educated consumer base of young Muslims, the Islamic economy can be considered as one of the fastest-growing sects globally, where the Islamic economy is creating vast opportunities for economic growth. These factors are anticipated to be crucial factors backing the halal foods industry growth.

Moreover, with the growing awareness of halal food and it’s positioning as hygienic and healthy food among both Muslim and non-Muslim community increased the consumption and acceptance of halal food among which is expected to drive the demand over the forecast period. However, the primary concern for the manufacturers is to determine the specific standard. Hence, the manufacturers have to constantly update various certifications as leading organizations for halal standardization and accreditation have been taking steps to harmonize the standards. Furthermore, manufacturers have been trying to drive change in the entire value chain of this market, including raw material, product development to finished product packaging, marketing. They are also spreading the benefits of consuming these products along with the creative advertisement that is fueling the halal food market over the forecast period

Meat & Alternative of Halal Food Market is projected to be the leading segment of the overall market during the forecast period

In terms of product types, the global Halal Food market is segmented into as Meat & Alternatives, Milk & Milk Products, Fruits & Vegetables, Cereals & Grains, and Other Food & Beverage Products. Halal meat & alternative segment has always been a remarkable growth owing to the formation of Organization of Islamic Cooperation (OIC) to take the initiative of setting an international standard for these food items. The industry participants have been successful to a great extent in building consumer trust and pushing penetration of the product category to even higher levels. Additionally, the halal-certified food assures that the food is clean and safe for consumption and is made in a hygienic manner. Furthermore, Rising living standards and improved lifestyles have also increased the market.

Processed Food & Beverages Industry is projected to lead the industry for utilizing applications of the Halal Food during the forecast period

In terms of application, the segment of processed food and beverages accounted for the largest share in the global halal products market in past years. Rising global demand for processed food; the segment is expected to maintain its steady growth rate during the forecast period as well. The processed food & beverage segment was followed by bakery products segments. Beverages such as carbonated drinks, packaged juice, and sweeteners with halal certification are expected to witness significant demand over the forecast period. Muslims have also spent a huge amount in halal tourism globally, among the top destinations of halal tourism, Malaysia is at the top, followed by the UAE, and Turkey. Hence, the opportunities are enormous in the sector of halal tourism for both Muslim and Non-Muslim countries.

Halal Products Market in the Asia Pacific Is Projected To Have the Dominant Share

Global Halal Food Market based on regional analysis is segmented as North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. The Asia Pacific has the highest market share in terms of revenue and is projected to maintain its dominance in the market over the forecast period followed by the Middle East and Africa, Europe, North America, and Latin America. As the dynamics within the Muslim world change with the continuous trend of globalization to shape consumers’ tastes, habit, and spending patterns across the world will have increasingly influential the share in the established markets of the Middle East and Asia, particularly by influencing global corporate halal strategies.

Key Developments in the Global Halal Food Market

  • Arlene Dickinson and One World Foods partners to bring authentic Halal food experience to Canadians.
  • District Ventures Capital has closely tied up an equity investment with OneWorld Foods (“OneWorld”), a Canadian producer of authentic ethnic and Halal foods.

The in-depth analysis of the report provides the growth potential, upcoming trends, and statistics of Global Halal Food Market size & forecast. The report promises to provide state-of-the-art technology of Halal Food production and industry insights, which help decision-makers to make sound strategic decisions. Furthermore, the report also analyzes the market drivers and challenges and competitive analysis of the market.

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Table of Contents

1. Research Framework
1.1. Research overview
1.2. Product Overview
1.3. Market Segmentation
2. Research Methodology3. Executive Summary
4. Industry Insights
4.1. Industry Value Chain Analysis
4.1.1. Vendor Matrix
4.2. Pricing Analysis
4.3. Industry Impact and Forces
4.3.1. Growth Drivers
4.3.2. Challenges
4.4. Technological Landscape
4.5. Regulatory Framework
4.6. Company market share analysis,2018
4.7. Growth Potential analysis,2018
4.8. Porter’s Five forces analysis
4.8.1. Bargaining Power of Suppliers
4.8.2. Bargaining Power of Buyers
4.8.3. Threat of New Entrants
4.8.4. Threat of Substitutes
4.8.5. Intensity of Rivalry
4.9. PESTEL Analysis
4.10. Strategic Outlook
5. Global Halal Food Market Overview
5.1. Market Size & Forecast
5.1.1. By Value
5.1.2. By Volume
5.2. Market Share & Forecast
5.2.1. By Product Type
5.2.2. By Application
5.2.3. By Distribution Channel
5.2.4. By region
6. Global Halal Food Market, By Product Type
6.1. Key Product Type Trends
6.2. Meat & Alternatives
6.2.1. Market estimates & forecast, 2014-2024
6.3. Milk & Milk Products
6.3.1. Market estimates & forecast, 2014-2024
6.4. Fruits & Vegetables
6.4.1. Market estimates & forecast, 2014-2024
6.5. Cereals & Grains
6.5.1. Market estimates & forecast, 2014-2024
6.6. Other Food & Beverage Products
6.6.1. Market estimates & forecast, 2014-2024
7. Global Halal Food Market, By Application
7.1. Key Application Trends
7.2. Processed Food & Beverages
7.2.1. Market estimates & forecast, 2014-2024
7.3. Cosmetics
7.3.1. Market estimates & forecast, 2014-2024
7.4. Pharmaceuticals
7.4.1. Market estimates & forecast, 2014-2024
7.5. Tourism
7.5.1. Market estimates & forecast, 2014-2024
8. Global Halal Food Market, By Distribution Channel
8.1. Key Distributional Channel Trends
8.2. Hypermarkets/Supermarkets
8.2.1. Market estimates & forecast, 2014-2024
8.3. Convenience Stores
8.3.1. Market estimates & forecast, 2014-2024
8.4. Online Channel
8.4.1. Market estimates & forecast, 2014-2024
8.5. Others
8.5.1. Market estimates & forecast, 2014-2024
9. Global Halal Food Market, By Region
9.1. Key Regional Trends
9.2. North America
9.2.1 Market estimates & forecast, 2015-2025
9.2.2 Market estimates & forecast, By Product Type, 2015-2025
9.2.3 Market estimates & forecast, By Application, 2015-2025
9.2.4 Market estimates & forecast, By Distribution Channel, 2015-2025
9.2.5 Market estimates & forecast, By Country, 2015-2025
9.3. Europe
9.3.1. Market estimates & forecast, 2015-2025
9.3.2. Market estimates & forecast, By Product Type, 2015-2025
9.3.3. Market estimates & forecast, By Application, 2015-2025
9.3.4. Market estimates & forecast, By Distribution Channel, 2015-2025
9.3.5. Market estimates & forecast, By Country, 2015-2025
9.4. Asia Pacific
9.4.1. Market estimates & forecast, 2015-2025
9.4.2. Market estimates & forecast, By Product Type, 2015-2025
9.4.3. Market estimates & forecast, By Application, 2015-2025
9.4.4. Market estimates & forecast, By Distribution Channel, 2015-2025
9.4.5. Market estimates & forecast, By Country, 2015-2025
9.5. Latin America
9.5.1. Market estimates & forecast, 2015-2025
9.5.2. Market estimates & forecast, By Product Type, 2015-2025
9.5.3. Market estimates & forecast, By Application, 2015-2025
9.5.4. Market estimates & forecast, By Distribution Channel, 2015-2025
9.5.5. Market estimates & forecast, By Country, 2015-2025
9.6. Middle east & Africa
9.6.1. Market estimates & forecast, 2015-2025
9.6.2. Market estimates & forecast, By Product Type, 2015-2025
9.6.3. Market estimates & forecast, By Application, 2015-2025
9.6.4. Market estimates & forecast, By Distribution Channel, 2015-2025
9.6.5. Market estimates & forecast, By Country, 2015-2025
10. Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, SWOT Analysis and Strategic Outlook)
10.1 Al Islami Foods
10.2 QL Foods
10.3 Saffron Road Food
10.4 Dagang Halal
10.5 Janan Meat
10.5 Kawan Foods
10.6 Prima Agri-Products
10.7 Al-Falah Halal Foods
10.8 Bottega Veneta
10.9 Carolina Herrera
10.10 Groupe Clarins SA
10.11 Oriflame Cosmetics AG
10.12 Alticor Inc.
10.13 Revlon Inc.
10.14 Shiseido Co. Ltd.
10.15 LVMH
10.16 Beiersdorf AG
10.17 Mary Kay Inc.
10.18 Oriflame Cosmetics Global SA.
10.19 Johnson & Johnson
10.20 Kao Corp.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Nestle
  • Cargill
  • Nema Food Company
  • Midamar
  • Namet Gida
  • Banvit Meat and Poultry
  • Al Islami Foods
  • BRF
  • Unilever
  • Kawan Foods
  • QL Foods
  • Ramly Food Processing
  • China Haoyue Group
  • Arman Group,