MARKET OUTLOOK
The Europe halal food & beverage market will show compelling growth in terms of revenue with a CAGR at 4.41% during the forecasting years 2019-2027, according to a report.The United Kingdom, Germany, France, Spain, Italy, Russia, and Rest of Europe together make the market for halal food & beverages in the Europe region.
The halal food & beverage market in France is twice the size of organic food and is growing rapidly. The rise in the sales of halal products and an increase in the number of the young middle-class Muslim population drive the halal food & beverage market in the country. Moreover, the availability of halal versions of traditional meals contributes to the demand for halal food. For instance, there is a huge consumption of alcohol-free bubbly and goose liver pate, which is approved under Islamic law.
The demand for halal products on such a large scale has gained the attention of food giants like the supermarket group Casio, which has stocked a wide range of halal food for the last three years.
In Russia, there are lucrative opportunities for the growth of the halal food & beverage market, as there is a significant presence of the Muslim population. Meat and meat products essentially boost the demand for halal food in Russia. However, the manufacturing companies are facing the challenge while upgrading their existing production systems due to stringent regulations.
It is predicted that the Russian halal food & beverage market would flourish by exporting halal products. The country has been planning to target countries from south-east Asia that have the largest Muslim population. Furthermore, many halal products manufacturing companies are seeking accreditation to turn their production plants into halal-certified establishments. These factors would aid in propelling the overall growth of the halal food & beverage market in Russia.
COMPETITIVE OUTLOOK
The prime companies that are analyzed in the halal food & beverage market include QL Foods Sdn Bhd, Nestlé, Kawan Food Bhd, Haoyue Group, Allanasons Private Limited, and Cargill, Inc.Table of Contents
1. Europe Halal Food & Beverage Market - Summary
2. Industry Outlook
3. Europe Halal Food & Beverage Market Outlook - By Product Type
4. Europe Halal Food & Beverage Market Outlook - By Distribution Channels
5. Europe Halal Food & Beverage Market Outlook - By User Demographics
6. Europe Halal Food & Beverage Market - Regional Outlook
7. Competitive Landscape
8. Methodology & Scope
List Of Tables
List Of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Nestle
- Cargill, Inc.
- Al Islami Foods
- Ql Foods Sdn. Bhd
- Crescent Foods
- Nema Food Co
- Namet
- Kawan Food Berhad
- Haoyue Group
- Allanasons Pvt. Ltd.
Methodology
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