MARKET OUTLOOK
The publisher has estimated the growth of the Middle East and Africa halal food & beverage market at a CAGR of 6.08% during the forecasted period 2019-2027.Saudi Arabia, Turkey, the United Arab Emirates, South Africa, and Rest of the Middle East & Africa constitute the market for halal food & beverages in the Middle East and Africa region.
Turkey is expected to be the second-fastest growing country in the halal food & beverage market over the forecasting years. It has the highest Muslim population in the Middle East, thereby creating lucrative business opportunities for the halal food & beverage market. The country has a huge growth opportunity to expand its trade relations for meat exports in the Middle East, North Africa, and Central Asia. Moreover, in the recent World Halal Conference, it was determined to be the most capable of developing international halal product inspection techniques.
The Turkish government has also undertaken several initiatives to boost the growth of the halal food & beverage market. For instance, the development of rapid tests by researchers to detect pork contamination in the halal-labeled product is predicted to assure Muslim & non-Muslim consumers about the security and authenticity of halal food & beverages. The Turkish government has also been enacting regulations to promote and develop its halal food & beverage market and make it a major hub for the global food & beverage market. These strategic initiatives are anticipated to propel the overall halal food & beverage market growth in the Middle East and Africa region.
COMPETITIVE OUTLOOK
Al Islami Foods, Crescent Foods, QL Foods Sdn Bhd, Nema Food Company, NAMET, Kawan Food Bhd, and Haoyue Group are the companies that have a strong foothold in the halal food & beverage market.Table of Contents
1. Middle East And Africa Halal Food & Beverage Market - Summary
2. Industry Outlook
3. Middle East And Africa Halal Food & Beverage Market Outlook - By Product Type
4. Middle East And Africa Halal Food & Beverage Market Outlook - By Distribution Channels
5. Middle East And Africa Halal Food & Beverage Market Outlook - By User Demographics
6. Middle East And Africa 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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