Global Halal Food Market Report and Forecast
160 pages Oct 2024Global Halal Food Market Report and Forecast 2032
By Product Type (Meat Products, (Poultry, (Chicken, Turkey, Others (Goose, Duck, etc.)), Beef, Mutton, Seafood), Dairy Products, (Milk, Others (Cheese, Butter, etc.)), (Fruits & Ve...getables, Cereals & Grains, Plant-based & Vegan Products, Others (Confectionary, Oils, Fats, etc.)), By Distribution Channel (Offline, (Supermarkets & Hypermarkets, Convenience Stores, Specialty Stores), Online), and Others Read more
- Food & Beverages
- Pages : 160
- Oct 2024
-
Report Format :
Halal Food Market Insights & Analysis
The Global Halal Food Market is anticipated to register a CAGR of around 12% during the forecast period, i.e., 2025-32. Also, the market size was valued at nearly USD 1200.1 billion in 2024. Over the past years, halal food products have gained popularity among both Muslim & Non-Muslim customers due to the rising acceptance as a mark of quality, hygiene, and sanitation. The growing inclination of non-Muslim consumers towards the consumption of vegan food items & the advent of halal products from manufacturers is assumed to propel the industry expansion. The halal food & beverage sector is expanding significantly. The demand for halal food & drink has risen owing to the world’s accumulating Muslim population as well as consumer apprehensions about animal cruelty, quality, and food safety.
Additionally, numerous Islamic & non-Islamic nations are implementing stringent regulatory frameworks incorporating internationally recognized norms to draw in new players for the market. Recently, all imported sweets, long-service life products, frozen & refrigerated goods, milk & dairy items, fats & oil, and imported meat & animal-based goods were required to have halal certification, as mandated by the Saudi Arabia Food and Drug Authority (SFDA). Also, due to a surge in demand, manufacturers have expanded their range of products to include several halal food products with added value, such as pasta, vegetables, milk, yogurt, and cheese. Along with this, manufacturing halal-certified meals by major industry participants would raise consumer awareness of the product.
Global Halal Food Market FY32
- Study Period: 2020- 2032
- Base Year: 2024
- CAGR(2025-2032): 12%
- Market Value 2024: USD 1200.1 Billion
- Fastest Growing Market: Asia-Pacific
- Major Players: Cargill Inc, BRF Global, Mondelez International, Del Monte Llc, Unilever Plc, Nestlé (Malaysia) Berhad, Tyson Foods Inc, Al Islami Foods, Saffron Road, QL Resources Berhad, and Others
The Halal Food Market is destined to surge during the coming years due to the growing interest of consumers in vegan food & drink as well as halal manufacturers’ product introductions for these health-conscious consumers. Leading companies across the industry are introducing vegan goods as a result of shifting customer attitudes towards animal suffering & slaughter. Further, it is predicted that the industry would be driven by Muslims’ growing knowledge of their religious obligations to consume non-harm cuisine. Also, among the companies in the area that sell halal-certified goods are Ecolite, Keventer, Pampangas Best, Prima Agri-Products, Saffron Road, Prasuma, and Nestle.
Moreover, to create halal meals & improve their market position, the top market companies are using a variety of marketing techniques, including product innovation, product line growth, and acquisition. The rise in the opening of quick-service restaurants, and cafes has led to a growth in the Halal Food Market globally. Also, international businesses are responding to local consumer spiritual tendencies by introducing halal cuisine options. Thus, in the projected years, it is foreseen that the ever-expanding distribution network & the analysis of consumer purchasing trends would continue to elevate the Halal Food Market share in the forecast years.
- Introduction
- Objective of the study
- Product Definition
- Market Segmentation
- Study Variables
- Research Methodology
- Secondary Data Points
- Companies Interviewed
- Primary Data Points
- Break Down of Primary Interviews
- Secondary Data Points
- Executive Summary
- Market Dynamics
- Drivers
- Challenges
- Opportunity Assessment
- Recent Trends and Developments
- Products Standards & Certification, By Region
- Europe
- North America
- South America
- Asia-Pacific
- Middle East & Africa
- Global Halal Food Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Meat Products
- Poultry
- Chicken
- Turkey
- Others (Goose, Duck, etc.)
- Beef
- Mutton
- Seafood
- Dairy Products
- Milk
- Others (Cheese, Butter, etc.)
- Fruits & Vegetables
- Cereals & Grains
- Plant-based & Vegan Products
- Others (Confectionary, Oils, Fats, etc.)
- Meat Products
- Market Share, By Distribution Channel
- Offline
- Hypermarket/ Supermarket
- Specialty Store
- Convenience Stores
- Online
- Offline
- Market Share, By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
- Market Share, By Company
- Competition Characteristics
- Revenue Shares & Analysis
- North America Halal Food Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Market Share, By Distribution Channel
- Market Share, By Country
- US
- Canada
- Mexico
- US Halal Food Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Market Share, By Distribution
- Canada Halal Food Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Market Share, By Distribution
- Mexico Halal Food Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Market Share, By Distribution
- South America Halal Food Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Market Share, By Distribution
- Market Share, By Country
- Brazil
- Argentina
- Rest of South America
- Brazil Halal Food Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Market Share, By Distribution
- Argentina Halal Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Market Share, By Distribution
- Europe Halal Food Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Market Share, By Distribution
- Market Share, by Country
- Germany
- Italy
- France
- UK
- Rest of Europe
- Germany Halal Food Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Market Share, By Distribution
- Italy Halal Food Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Market Share, By Distribution
- France Halal Food Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Market Share, By Distribution
- UK Halal Food Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Market Share, By Distribution
- Middle East & Africa Halal Food Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Market Share, By Distribution
- Market Share, By Country
- Saudi Arabia
- UAE
- Turkey
- South Africa
- Rest of Middle East & Africa
- Saudi Arabia Halal Food Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Market Share, By Distribution
- UAE Halal Food Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Market Share, By Distribution
- Turkey Halal Food Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Market Share, By Distribution
- South Africa Halal Food Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Market Share, By Distribution
- Asia Pacific Halal Food Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Market Share, By Distribution
- Market Share, By Country
- China
- India
- Japan
- Singapore
- Rest of Asia-Pacific
- China Halal Food Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Market Share, By Distribution
- India Halal Food Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Market Share, By Distribution
- Japan Halal Food Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Market Share, By Distribution
- Singapore Halal Food Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Share, By Product Type
- Market Share, By Distribution
- Competitive Outlook (Company Profiles – Partial List)
- Cargill Inc.
- Company Overview
- Business Segments
- Strategic Alliance/Partnerships
- Recent Developments
- BRF Global
- Company Overview
- Business Segments
- Strategic Alliance/Partnerships
- Recent Developments
- Mondelez International
- Company Overview
- Business Segments
- Strategic Alliance/Partnerships
- Recent Developments
- Del Monte Llc
- Company Overview
- Business Segments
- Strategic Alliance/Partnerships
- Recent Developments
- Del Monte Llc
- Company Overview
- Business Segments
- Strategic Alliance/Partnerships
- Recent Developments
- Unilever Plc
- Company Overview
- Business Segments
- Strategic Alliance/Partnerships
- Recent Developments
- Nestlé (Malaysia) Berhad
- Company Overview
- Business Segments
- Strategic Alliance/Partnerships
- Recent Developments
- Tyson Foods Inc
- Company Overview
- Business Segments
- Strategic Alliance/Partnerships
- Recent Developments
- Al Islami Foods
- Company Overview
- Business Segments
- Strategic Alliance/Partnerships
- Recent Developments
- Saffron Road
- Company Overview
- Business Segments
- Strategic Alliance/Partnerships
- Recent Developments
- QL Resources Berhad
- Company Overview
- Business Segments
- Strategic Alliance/Partnerships
- Recent Developments
- Others (Garuda Foods, Haoyue Group, Kawan Food Manufacturing Sdn Bhd, American Foods Group LLC, Tahira Foods Ltd, etc.)
- Cargill Inc.
- Contact Us & Disclaimer