Market Overview:
The global halal food and beverages market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising Muslim population, increasing disposable income of Muslims, and growing demand for convenience foods. In terms of type, the meat and alternatives segment is expected to dominate the global halal food and beverages market during the forecast period. This can be attributed to rising demand for processed meat products among Muslims across the globe. The milk and milk products segment is also projected to witness high growth during the forecast period owing to increasing awareness about health benefits associated with consumption of dairy products among Muslims.
Product Definition:
Food and drink that is lawful according to Islamic law. Muslims are prohibited from consuming pork and other unclean animals, as well as alcohol. All food consumed by Muslims must be Halal.
Meat & Alternatives:
Meat & alternatives is a term used for the edible products derived from animal sources such as meat, poultry, seafood and their by-products. The growth of this market can be attributed to factors such as increasing population in the Middle East and Africa region coupled with rising disposable income especially in countries like Saudi Arabia.
Milk & Milk Products:
Milk & milk products are considered as one of the most important ingredients in the formulation of halal food and beverages. It is used for providing moisture, fat content, protein content and other nutritional properties to various types of food products.
Application Insights:
The restaurant segment led the global halal food and beverages market in 2017. This is attributed to a growing number of restaurants that serve halal-certified foods and beverages, which has boosted product demand. Furthermore, increasing tourism in countries such as Malaysia, Indonesia and Thailand owing to religious significance has resulted in an increased number of restaurants serving local cuisine. As a result, the application segment is expected to continue its dominance over the forecast period.
The family category is expected to witness significant growth over the forecast period due largely to rising disposable income among consumers across developing nations such as India and China. Moreover, increasing spending on home cooking equipment including gas burners have been encouraging consumers towardshalal meat products produced through modern technology with less wastage during cooking process.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large Muslim population, which makes it one of the largest halal-certified food markets in the world. China, Indonesia, India, Malaysia and Pakistan are some of Asia Pacific’s biggest halal-food producers.
The growing middle class population in countries such as China and India is expected to increase their spending on food products including meat alternatives such as processed soy protein (soy beef), which will have a positive impact on industry growth over the next eight years. Furthermore, increasing disposable income levels coupled with rising consumer awareness regarding health are likely to boost demand for these products across this region during this period.
Growth Factors:
- Increasing Muslim population: The global Muslim population is expected to grow by about 35% in the next 20 years, reaching 1.8 billion by 2030. This will create a larger pool of consumers for halal food and beverages products.
- Rising income levels of Muslims: As incomes rise, there is a growing demand for premium halal foods and beverages that offer better quality and taste.
- Growing awareness of halal certification: More consumers are becoming aware of the importance of halal certification, which assures them that the product has been produced according to Islamic law and principles.
- Proliferation of convenience stores and supermarkets catering to Muslims: There is a growing number of convenience stores and supermarkets that specialize in selling halal food products, making it easier for consumers to find what they need close to home or work . 5) Expanding export markets: Halal food manufacturers are increasingly targeting export markets as growth opportunities, especially in regions such as Southeast Asia where there is high demand for quality halal products
Scope Of The Report
Report Attributes
Report Details
Report Title
Halal Food & Beverages Market Research Report
By Type
Meat & Alternatives, Milk & Milk Products, Fruits & Vegetables, Grain Products
By Application
Family, Restaurant
By Companies
Nestle, Kellogg, Glanbia Cheese, Guenther Bakeries, Cargill, Royal Unibrew, Coco Cola, Allanasons, Haoyue, Kawan Food, NAMET, Nema Food, Crescent Foods, QL Foods, Al Islami Foods
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Halal Food & Beverages Market Report Segments:
The global Halal Food & Beverages market is segmented on the basis of:
Types
Meat & Alternatives, Milk & Milk Products, Fruits & Vegetables, Grain Products
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Family, Restaurant
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nestle
- Kellogg
- Glanbia Cheese
- Guenther Bakeries
- Cargill
- Royal Unibrew
- Coco Cola
- Allanasons
- Haoyue
- Kawan Food
- NAMET
- Nema Food
- Crescent Foods
- QL Foods
- Al Islami Foods
Highlights of The Halal Food & Beverages Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Meat & Alternatives
- Milk & Milk Products
- Fruits & Vegetables
- Grain Products
- By Application:
- Family
- Restaurant
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Halal Food & Beverages Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Halal food & beverages are products that meet Islamic dietary guidelines. These guidelines prescribe specific types of animals that may be used for food, as well as prohibitions on certain foods and drinks.
Some of the major companies in the halal food & beverages market are Nestle, Kellogg, Glanbia Cheese, Guenther Bakeries, Cargill, Royal Unibrew, Coco Cola, Allanasons, Haoyue, Kawan Food, NAMET, Nema Food, Crescent Foods, QL Foods, Al Islami Foods.
The halal food & beverages market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Halal Food & Beverages Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Halal Food & Beverages Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Halal Food & Beverages Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Halal Food & Beverages Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Halal Food & Beverages Market Size & Forecast, 2020-2028
4.5.1 Halal Food & Beverages Market Size and Y-o-Y Growth
4.5.2 Halal Food & Beverages Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Meat & Alternatives
5.2.2 Milk & Milk Products
5.2.3 Fruits & Vegetables
5.2.4 Grain Products
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Family
6.2.2 Restaurant
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Halal Food & Beverages Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Halal Food & Beverages Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Meat & Alternatives
9.6.2 Milk & Milk Products
9.6.3 Fruits & Vegetables
9.6.4 Grain Products
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Family
9.10.2 Restaurant
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Meat & Alternatives
10.6.2 Milk & Milk Products
10.6.3 Fruits & Vegetables
10.6.4 Grain Products
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Family
10.10.2 Restaurant
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Meat & Alternatives
11.6.2 Milk & Milk Products
11.6.3 Fruits & Vegetables
11.6.4 Grain Products
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Family
11.10.2 Restaurant
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Meat & Alternatives
12.6.2 Milk & Milk Products
12.6.3 Fruits & Vegetables
12.6.4 Grain Products
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Family
12.10.2 Restaurant
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Meat & Alternatives
13.6.2 Milk & Milk Products
13.6.3 Fruits & Vegetables
13.6.4 Grain Products
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Family
13.10.2 Restaurant
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Halal Food & Beverages Market: Competitive Dashboard
14.2 Global Halal Food & Beverages Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nestle
14.3.2 Kellogg
14.3.3 Glanbia Cheese
14.3.4 Guenther Bakeries
14.3.5 Cargill
14.3.6 Royal Unibrew
14.3.7 Coco Cola
14.3.8 Allanasons
14.3.9 Haoyue
14.3.10 Kawan Food
14.3.11 NAMET
14.3.12 Nema Food
14.3.13 Crescent Foods
14.3.14 QL Foods
14.3.15 Al Islami Foods
