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Global Halal Food & Beverage Market Outlook, 2026

  • ID: 5354608
  • Report
  • May 2021
  • Region: Global
  • 140 pages
  • Bonafide Research
OFF
until Dec 31st 2021

FEATURED COMPANIES

  • Al Islami Foods Co.
  • American Foods Group
  • BRF S.A.
  • Cargill
  • Kawan Foods Berhad
  • Midamar Corporation
The word “halal” means “permissible”. As per Islamic laws and traditions, halal food and beverages refer to only those edible items which are permissible to consume. The rules are however not only limited to what to eat but also enlists rules and regulations as to how the food has to be raised, slaughtered and processed. The global halal food and beverages market is one of the fastest emerging consumer markets in the world. Not just in Islamic countries, but even minority Non-Islamic countries are seeing growth in the halal market.

This research report studies the various intricacies of the halal food and beverages market backing with sufficient data points to support qualitative judgments.

During the period of 2015 to 2020, the global halal food and beverages market grew by roughly USD 412 Billion. It has been forecasted that the market would have crossed the double trillion figure by 2026. One major driver for this growth is the rapidly growing Muslim population which is also the fastest-growing religion in the world. However, it is interesting that halal food and beverages products is not only demanded by Muslim consumers but is also gaining popularity among Non-Muslim consumer.

The research report presents insights from different geographies, namely - North America, Latin America, Europe, Middle East Africa, and the Asia Pacific with major economies playing a role in the halal food and beverages market. The market has been segmented on the basis of product lines to give a deeper understanding.

The product lines which formed the basis of the study was - halal meat, seafood and poultry market, halal milk and milk beverages products, halal fruits and vegetables, halal grain products market, halal beverages, and halal confectionery, bakery and, other products. The various sales and distribution channels identified for halal products are hypermarkets/supermarkets, traditional retail channels in form of convenience stores, online channels, and other sales channels such as speciality stores, exhibitions, etc.

As demographic trends play an important role in influencing consumption demand of halal products, it is no surprise that the Asia Pacific and Middle East Africa region combined contribute about 90% of the global halal food and beverages market share and Latin America being having the lowest market share of all.

As more and more consumers are demanding halal labelled food, the halal food industry has itself diversified into a new product line. Halal meat, poultry and seafood have traditional relevance and account for the majority of halal foods and beverages market sales. However, the fastest growing product categories that have been observed worldwide are halal products in the form of bakery, confectionery and other products which are growing at roughly 8 to 9%.

Another interesting pattern that has been observed during the research is that, in major Islamic regions such as Asia Pacific and Middle East and Africa, traditional retail channels drive the sales for halal foods and beverages market whereas other regions such as North America, Europe and Latin America have supermarkets and hypermarkets as major sales channels for the halal market. In non-Islamic countries, the halal market is not deeply penetrated and therefore does not find shelf space in local convenience stores.

Big box retailers in form of supermarkets and hypermarkets cater to customers by serving large verities of products. However, globally, of all sales channels, online sales channels show an unparallel and promising growth. During the period of 2015 to 2020, the online sales channels generated sales at a CAGR of 8.17%, which has been predicted to increase to 9.42% during the forecast period of 2020 to 2026. The major players driving the halal foods and beverages market are Al Islami Foods Co., QL Foods Sdn Bhd, Saffron Road, Dagandhalal Group, Janan Meat Ltd, Kawan Foods Berhad, Cargill, Prima-Agri Products, Nestle SA, BRF SA, Al-Falah Halal Foods Ltd. and Tahira Foods Ltd.

CONSIDERED IN THE REPORT
  • Geography: Global
  • Base Year: 2020
  • Historical year: 2015
  • Forecasted Year: 2026
REGIONS COVERED
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
ASPECTS COVERED IN THE REPORT
  • Market Size by Value (2015-2026F)
  • Market Share by Product
  • Market Share by Sales Channel
  • Market Share by Region
  • Market Share by Country
THIS REPORT WOULD HELP YOU ANSWER THE FOLLOWING QUESTIONS:
  • What is the size of the global halal food and beverages market?
  • What is the trend in product development in the halal food and beverages market?
  • What is the changing consumer behaviour with regards to halal food and beverages?
  • What is the position of different economies in the food and beverages landscape?
  • What are the drivers, development and key challenges in the halal food and beverages market?
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Al Islami Foods Co.
  • American Foods Group
  • BRF S.A.
  • Cargill
  • Kawan Foods Berhad
  • Midamar Corporation
1. Executive Summary

2. Report Methodology

3. Global Halal Food & Beverages Market Outlook
3.1. Market Size by Value
3.2. Market Share
3.2.1. By Product
3.2.2. By Sales Channel
3.2.3. By Region
3.2.4. By Country

4. North America Halal Food & Beverages Market Outlook
4.1. Market Size by Value
4.2. Market Share
4.2.1. By Product
4.2.2. By Sales Channel
4.2.3. By Country
4.3. US Halal Food & Beverages Market Outlook
4.3.1. Market Size by Value
4.3.2. Market Share by Product
4.4. Canada Halal Food & Beverages Market Outlook
4.4.1. Market Size by Value
4.4.2. Market Share by Product
4.5. Mexico Halal Food & Beverages Market Outlook
4.5.1. Market Size by Value
4.5.2. Market Share by Product

5. Europe Halal Food & Beverages Market Outlook
5.1. Market Size by Value
5.2. Market Share
5.2.1. By Product
5.2.2. By Sales Channel
5.2.3. By Country
5.3. Germany Halal Food & Beverages Market Outlook
5.3.1. Market Size by Value
5.3.2. Market Share by Product
5.4. UK Halal Food & Beverages Market Outlook
5.4.1. Market Size by Value
5.4.2. Market Share by Product
5.5. France Halal Food & Beverages Market Outlook
5.5.1. Market Size by Value
5.5.2. Market Share by Product
5.6. Spain Halal Food & Beverages Market Outlook
5.6.1. Market Size by Value
5.6.2. Market Share by Product
5.7. Italy Halal Food & Beverages Market Outlook
5.7.1. Market Size by Value
5.7.2. Market Share by Product
5.8. Russia Halal Food & Beverages Market Outlook
5.8.1. Market Size by Value
5.8.2. Market Share by Product

6. Asia Pacific Halal Food & Beverages Market Outlook
6.1. Market Size by Value
6.2. Market Share
6.2.1. By Product
6.2.2. By Sales Channel
6.2.3. By Country
6.3. China Halal Food & Beverages Market Outlook
6.3.1. Market Size by Value
6.3.2. Market Share by Product
6.4. Pakistan Halal Food & Beverages Market Outlook
6.4.1. Market Size by Value
6.4.2. Market Share by Product
6.5. India Halal Food & Beverages Market Outlook
6.5.1. Market Size by Value
6.5.2. Market Share by Product
6.6. Indonesia Halal Food & Beverages Market Outlook
6.6.1. Market Size by Value
6.6.2. Market Share by Product
6.7. Bangladesh Halal Food & Beverages Market Outlook
6.7.1. Market Size by Value
6.7.2. Market Share by Product

7. Latin America Halal Food & Beverages Market Outlook
7.1. Market Size by Value
7.2. Market Share
7.2.1. By Product
7.2.2. By Sales Channel
7.2.3. By Country
7.3. Brazil Halal Food & Beverages Market Outlook
7.3.1. Market Size by Value
7.3.2. Market Share by Product
7.4. Argentina Halal Food & Beverages Market Outlook
7.4.1. Market Size by Value
7.4.2. Market Share by Product

8. Middle East and Africa Halal Food & Beverages Market Outlook
8.1. Market Size by Value
8.2. Market Share
8.2.1. By Product
8.2.2. By Sales Channel
8.2.3. By Country
8.3. UAE Halal Food & Beverages Market Outlook
8.3.1. Market Size by Value
8.3.2. Market Share by Product
8.4. Saudi Arabia Halal Food & Beverages Market Outlook
8.4.1. Market Size by Value
8.4.2. Market Share by Product
8.5. Qatar Halal Food & Beverages Market Outlook
8.5.1. Market Size by Value
8.5.2. Market Share by Product
8.6. Turkey Halal Food & Beverages Market Outlook
8.6.1. Market Size by Value
8.6.2. Market Share by Product
8.7. South Africa Halal Food & Beverages Market Outlook
8.7.1. Market Size by Value
8.7.2. Market Share by Product

9. Market Dynamics
9.1. Key Drivers
9.2. Key Challenges

10. Market Trends and Developments
10.1. Halal spreading out to new food categories
10.2. Increase in Halal Tourism
10.3. Adaption of halal food by Non-Muslims
10.4. Need for proper authentication and labelling of halal products

11. Company Profiles
11.1.1. Al Islami Foods Co.
11.1.2. American Foods Group
11.1.3. BRF S.A.
11.1.4. Cargill
11.1.5. Kawan Foods Berhad
11.1.6. Midamar Corporation
11.1.7. Nestle S.A.
11.1.8. QL Foods Sdn Bhd
11.1.9. Saffron Road
11.1.10. Tahira Foods Ltd.
11.1.11. Unilever

11. Strategic Recommendations

12. Disclaimer
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Al Islami Foods Co.
  • American Foods Group
  • BRF S.A.
  • Cargill
  • Kawan Foods Berhad
  • Midamar Corporation
  • Nestle S.A.
  • QL Foods Sdn Bhd
  • Saffron Road
  • Tahira Foods Ltd.
  • Unilever
Note: Product cover images may vary from those shown
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