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Halal Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • ID: 5311860
  • Report
  • April 2021
  • Region: Global
  • 107 pages
  • IMARC Group

FEATURED COMPANIES

  • Al Islami Foods Co.
  • Al-Falah Halal Foods Ltd
  • BRF S.A.
  • Cargill Inc
  • DagangHalal Group
  • Janan Meat Ltd
The global halal food market reached a value of US$ 1.9 Trillion in 2020. Halal food refers to food items and beverages that are strictly prepared according to the rules underlined by the Islamic dietary law. According to this law, alcohol, blood, pork, by-products of pork and blood, animals that are dead before slaughtering, and those not killed in the name of Allah are considered ‘haram' or impermissible for consumption. Moreover, halal food products are packaged and stored in utensils, which have been cleaned as per the prescribed guidelines.

Over the past few years, 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 assurance of food safety, hygiene and reliability. For example, slaughtered halal animals undergo two health checks, as compared to the single inspection performed on other conventional animals. Besides this, several Islamic and non-Islamic countries are implementing stringent regulatory frameworks, which consist of globally accepted standards, to attract novel entrants in the market. Recently, in October 2019, the Government of Indonesia introduced mandatory halal labeling and certification rules, owing to which consumers nowadays prefer halal food. With an increase in the demand, manufactures have widened their product portfolio by introducing several value-added food items, including hot dogs, soups, candies, burgers, sandwiches, cookies, creams and pizzas. Moreover, the flourishing e-commerce industry has facilitated consumers with easy accessibility of halal-certified food products. Looking forward, the publisher expects the global halal food market to exhibit strong growth during the next five years.

Breakup by Product:
  • Meat, Poultry & Seafood
  • Fruits & Vegetables
  • Dairy Products
  • Cereals & Grains
  • Oil, Fats & Waxes
  • Confectionery
  • Others
Currently, meat, poultry and seafood are the most preferred food products in the market.

Breakup by Distribution Channel:
  • Traditional Retailers
  • Supermarkets & Hypermarkets
  • Online
  • Others
At present, supermarkets and hypermarkets represents the largest segment, dominating the market.

Regional Insights:
  • Asia Pacific
  • Middle East & Africa
  • Europe
  • North America
  • Latin America
On the geographical front, Asia Pacific is the leading market for halal food, accounting for the majority of the total market share. This growth can be attributed to the presence of several regulatory bodies and a combination of the religious and cultural populations in the region.

Competitive Landscape:

The competitive landscape of the market has also been examined with some of the key players being QL Foods Sdn Bhd, Al Islami Foods Co., DagangHalal Group, Saffron Road, Kawan Foods Berhad, Janan Meat Ltd, Prima Agri-Products Sdn Bhd, Cargill, Inc., BRF S.A., Nestle S.A., Tahira Foods Ltd., and Al-Falah Halal Foods Ltd.

Key Questions Answered in This Report:
  • How has the market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global halal food market?
  • What are the key regions in the market?
  • Which are the popular distribution channels in the market?
  • What are the key product segments in the market?
  • What are the various stages in the value chain of the global halal food market?
  • What are the key driving factors and challenges in the global halal food market?
  • What is the structure of the market and who are the key players?
  • What is the degree of competition in the market?
  • How is halal food manufactured?
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Al Islami Foods Co.
  • Al-Falah Halal Foods Ltd
  • BRF S.A.
  • Cargill Inc
  • DagangHalal Group
  • Janan Meat Ltd
1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Halal Food Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Price Analysis
5.5 Market Breakup by Product
5.6 Market Breakup by Distribution Channel
5.7 Market Breakup by Region
5.8 Market Forecast
5.9 SWOT Analysis
5.9.1 Overview
5.9.2 Strengths
5.9.3 Weaknesses
5.9.4 Opportunities
5.9.5 Threats
5.10 Value Chain Analysis
5.10.1 Overview
5.10.2 Suppliers
5.10.3 Food Processors
5.10.4 Distributors
5.10.5 Retailers
5.10.6 Exporters
5.10.7 End-Users
5.11 Porters Five Forces Analysis
5.11.1 Overview
5.11.2 Bargaining Power of Buyers
5.11.3 Bargaining Power of Suppliers
5.11.4 Degree of Competition
5.11.5 Threat of New Entrants
5.11.6 Threat of Substitutes

6 Market Breakup by Product
6.1 Meat, Poultry & Seafood
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Fruits & Vegetables
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Dairy Products
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Cereals & Grains
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Oil, Fats & Waxes
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Confectionery
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Others
6.7.1 Market Trends
6.7.2 Market Forecast

7 Market Breakup by Distribution Channel
7.1 Traditional Retailers
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Supermarkets & Hypermarkets
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Online
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast

8 Market Breakup by Region
8.1 Asia Pacific
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Middle East & Africa
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Europe
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 North America
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Latin America
8.5.1 Market Trends
8.5.2 Market Forecast

9 Competitive Landscape
9.1 Market Structure
9.2 Key Players
9.3 Profiles of Key Players
9.3.1 Al Islami Foods Co.
9.3.2 QL Foods Sdn Bhd
9.3.3 Saffron Road
9.3.4 DagangHalal Group
9.3.5 Janan Meat Ltd
9.3.6 Kawan Foods Berhad
9.3.7 Cargill, Inc.
9.3.8 Prima Agri-Products Sdn Bhd
9.3.9 Nestle S.A.
9.3.10 BRF S.A.
9.3.11 Al-Falah Halal Foods Ltd
9.3.12 Tahira Foods Ltd.

List of Figures
Figure 1: Global: Halal Food Market: Major Drivers and Challenges
Figure 2: Global: Halal Food Market: Sales Value (in Trillion US$), 2015-2020
Figure 3: Global: Halal Food Market: Breakup by Product (in %), 2020
Figure 4: Global: Halal Food Market: Breakup by Distribution Channel (in %), 2020
Figure 5: Global: Halal Food Market: Breakup by Region (in %), 2020
Figure 6: Global: Halal Food Market Forecast: Sales Value (in Trillion US$), 2021-2026
Figure 7: Global: Halal Food Industry: SWOT Analysis
Figure 8: Global: Halal Food Industry: Value Chain Analysis
Figure 9: Global: Halal Food Industry: Porter’s Five Forces Analysis
Figure 10: Global: Halal Food (Meat, Poultry & Seafood) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 11: Global: Halal Food (Meat, Poultry & Seafood) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 12: Global: Halal Food (Fruits & Vegetables) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 13: Global: Halal Food (Fruits & Vegetables) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 14: Global: Halal Food (Dairy Products) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 15: Global: Halal Food (Dairy Products) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 16: Global: Halal Food (Cereals & Grains) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 17: Global: Halal Food (Cereals & Grains) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 18: Global: Halal Food (Oil, Fats & Waxes) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 19: Global: Halal Food (Oil, Fats & Waxes) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 20: Global: Halal Food (Confectionery) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 21: Global: Halal Food (Confectionery) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 22: Global: Halal Food (Other Products) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 23: Global: Halal Food (Other Products) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 24: Global: Halal Food Market: Sales through Traditional Retailers (in Billion US$), 2015 & 2020
Figure 25: Global: Halal Food Market Forecast: Sales through Traditional Retailers (in Billion US$), 2021-2026
Figure 26: Global: Halal Food Market: Sales through Supermarkets & Hypermarkets (in Billion US$), 2015 & 2020
Figure 27: Global: Halal Food Market Forecast: Sales through Supermarkets & Hypermarkets (in Billion US$), 2021-2026
Figure 28: Global: Halal Food Market: Online Sales (in Billion US$), 2015 & 2020
Figure 29: Global: Halal Food Market Forecast: Online Sales (in Billion US$), 2021-2026
Figure 30: Global: Halal Food Market: Sales through Other Distribution Channels (in Billion US$), 2015 & 2020
Figure 31: Global: Halal Food Market Forecast: Sales through Other Distribution Channels (in Billion US$), 2021-2026
Figure 32: Asia Pacific: Halal Food Market: Sales Value (in Billion US$), 2015 & 2020
Figure 33: Asia Pacific: Halal Food Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 34: Middle East & Africa: Halal Food Market: Sales Value (in Billion US$), 2015 & 2020
Figure 35: Middle East & Africa: Halal Food Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 36: Europe: Halal Food Market: Sales Value (in Billion US$), 2015 & 2020
Figure 37: Europe: Halal Food Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 38: North America: Halal Food Market: Sales Value (in Billion US$), 2015 & 2020
Figure 39: North America: Halal Food Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 40: Latin America: Halal Food Market: Sales Value (in Billion US$), 2015 & 2020
Figure 41: Latin America: Halal Food Market Forecast: Sales Value (in Billion US$), 2021-2026

List of Tables
Table 1: Global: Halal Food Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Halal Food Market Forecast: Breakup by Product (in Billion US$), 2021-2026
Table 3: Global: Halal Food Market Forecast: Breakup by Distribution Channel (in Billion US$), 2021-2026
Table 4: Global: Halal Food Market Forecast: Breakup by Region (in Billion US$), 2021-2026
Table 5: Global: Halal Food Market: Competitive Structure
Table 6: Global: Halal Food Market: Key Players
Note: Product cover images may vary from those shown
  • QL Foods Sdn Bhd
  • Al Islami Foods Co.
  • DagangHalal Group
  • Saffron Road
  • Kawan Foods Berhad
  • Janan Meat Ltd
  • Prima Agri-Products Sdn Bhd
  • Cargill Inc
  • BRF S.A.
  • Nestle S.A.
  • Tahira Foods Ltd.
  • Al-Falah Halal Foods Ltd
Note: Product cover images may vary from those shown

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