The global Halal Foods and Beverages market was valued at US$ 1533280 million in 2020 and it is expected to reach US$ 2285190 million by the end of 2027, growing at a CAGR of 5.8% during 2021-2027.
Halal food refers to food products that comply with Islamic Sharia Law. The rule restricts the usage of pork and its by-products, blood and its by-products, consuming the meat of an animal where the name of Allah has not been pronounced before slaughter, and animal being unhealthy or dead before slaughter. The rule also restricts consumption of meat of carnivorous animals, alcohol as well as food and beverages containing alcohol.
On the basis of the type, it is segmented into bakery & confectionery, beverages, sweet & savory snacks, dairy & frozen desserts, meat & meat products, oils & fats, and others. The bakery & confectionery segment is dominating owing to increase in the demand for halal ingredients for the preparation of bakery & confectionery products. Moreover, shifting consumer preferences for convenience food has resulted in the growth of dairy & frozen desserts segment.
Global Halal Foods and Beverages Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Halal Foods and Beverages Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are American Halal, Cleone Foods, Nestle, Al Islami Foods, BRF, QL Foods, Beijing Shunxin Agriculture, Midamar and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Meat Products
Segment by Application
- Hypermarket & Supermarket
- Food & Drink Specialists
- Convenience Stores
Table of Content:
1 Halal Foods and Beverages Market Overview
2 Halal Foods and Beverages Market Competition by Manufacturers
3 Halal Foods and Beverages Retrospective Market Scenario by Region
4 Global Halal Foods and Beverages Historic Market Analysis by Type
5 Global Halal Foods and Beverages Historic Market Analysis by Application
6 Key Companies Profiled
7 Halal Foods and Beverages Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Halal Foods and Beverages Market Dynamics
10 Global Halal Foods and Beverages Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta