Market Overview:
The global halal ingredients market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for halal ingredients in food and beverage, pharmaceuticals, and cosmetics applications. In terms of type, the food grade segment is expected to account for the majority share of the global halal ingredients market during the forecast period. This can be attributed to the growing demand for Halal-certified food products across regions. In terms of application, food and beverage is expected to account for a major share of the global Halal ingredients market during 2018-2030 owing to rising demand from Muslim population across regions.
Product Definition:
Halal is an Arabic word meaning lawful or permitted. In reference to food, it means that the food has been prepared in accordance with Islamic law. The ingredients and methods of production must meet strict criteria set by Muslim religious authorities. For meat, this includes humane slaughtering practices and avoidance of contact with blood or any animal products that are not considered halal.
Food Grade:
Food-grade is the purest form of ingredients that are used in food & beverage industry. It has no other use apart from its usage in food and beverage products. Food grade ingredients have been used for thousand years, it's just that now a days they are called halal or Islamic or kosher certified ingredients.
Cosmetic Grade:
Cosmetic grade is the highest quality available in the market. It is used to make personal care products such as skincare, haircare, makeup, and oral care products. Cosmetic grade ingredients are extracted from fruits & vegetables using clean technology without any harmful chemicals being released into the atmosphere.
Application Insights:
The food and beverage segment accounted for the largest market share in 2017. The application of halal ingredients has witnessed a rise due to its use in various food products such as bakery, confectionery, dairy and beverages such as soft drinks, beer and wine. Furthermore, meat products made using these ingredients also account for a significant market share.
The increasing consumption of alcohol is one of the major drivers leading to social problems including road accidents which have led to deaths and injuries among young people especially during festive seasons when there is an increase in drinking games played with beer or other alcoholic drinks. This factor has prompted religious authorities that drink alcohol should be avoided during religious occasions especially during Eid ul-Fitr when there is an increase in consumption owing to the joyful mood prevailing among Muslims after having completed their fasting month of Ramadan.
Regional Analysis:
Asia Pacific dominated the global halal ingredients market in 2017. The region is expected to maintain its position over the forecast period as well. This can be attributed to increasing consumption of meat, seafood, and other animal-based products as a result of rising income levels among consumers from emerging countries such as China and India. Furthermore, growing Muslim population in these countries will also contribute toward regional growth over the next eight years.
Europe accounted for more than 20% share of global revenue in 2017 owing to high demand for food-grade halal ingredients from several major companies operating across various industries including cosmetics and pharmaceuticals. Companies are investing aggressively in R&D activities aimed at development of new products that meet consumer needs while maintaining high standards set by regulatory bodies regarding production processes followed during product development stages thus ensuring quality standards are met throughout the supply chain process resulting into higher acceptance rate by end users which is anticipated to drive regional growth over the forecast period 8%.
Growth Factors:
- Increasing demand for Halal food products: The global Muslim population is expected to grow at a rate of 1.8% annually, reaching 2.2 billion by 2030. This will create a larger demand for Halal ingredients and products across the world, thereby driving the market growth.
- Rising awareness about the benefits of Halal ingredients: Consumers are becoming more aware about the benefits of consuming Halal-certified food items and ingredients, which is propelling market growth.
- Growing number of halal-certified manufacturers and suppliers: The number of halal-certified manufacturers and suppliers is increasing rapidly, providing a wider choice to consumers for certified Halal ingredients products worldwide. This is also contributing to market growth significantly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Halal Ingredients Market Research Report
By Type
Food Grade, Cosmetic Grade, Pharmaceutical Grade
By Application
Food and Beverage, Pharmaceuticals, Cosmetics
By Companies
Koninklijke DSM N.V., Cargill, Barentz B.V., ADM, Kerry, DowDupont, Solvay S.A., BASF, Symrise, Ashland, Purecircle Limited
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Halal Ingredients Market Report Segments:
The global Halal Ingredients market is segmented on the basis of:
Types
Food Grade, Cosmetic Grade, Pharmaceutical Grade
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
Food and Beverage, Pharmaceuticals, Cosmetics
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:
- Koninklijke DSM N.V.
- Cargill
- Barentz B.V.
- ADM
- Kerry
- DowDupont
- Solvay S.A.
- BASF
- Symrise
- Ashland
- Purecircle Limited
Highlights of The Halal Ingredients 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:
- Food Grade
- Cosmetic Grade
- Pharmaceutical Grade
- By Application:
- Food and Beverage
- Pharmaceuticals
- Cosmetics
- 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 Ingredients 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 ingredients are those that have been certified by a halal certification body as being free of any prohibited substances.
Some of the key players operating in the halal ingredients market are Koninklijke DSM N.V., Cargill, Barentz B.V., ADM, Kerry, DowDupont, Solvay S.A., BASF, Symrise, Ashland, Purecircle Limited.
The halal ingredients market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Halal Ingredients Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Halal Ingredients Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Halal Ingredients Market - Supply Chain
4.5. Global Halal Ingredients Market Forecast
4.5.1. Halal Ingredients Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Halal Ingredients Market Size (000 Units) and Y-o-Y Growth
4.5.3. Halal Ingredients Market Absolute $ Opportunity
5. Global Halal Ingredients Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Halal Ingredients Market Size and Volume Forecast by Type
5.3.1. Food Grade
5.3.2. Cosmetic Grade
5.3.3. Pharmaceutical Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Halal Ingredients Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Halal Ingredients Market Size and Volume Forecast by Application
6.3.1. Food and Beverage
6.3.2. Pharmaceuticals
6.3.3. Cosmetics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Halal Ingredients Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Halal Ingredients Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Halal Ingredients Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Halal Ingredients Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Halal Ingredients Demand Share Forecast, 2019-2026
9. North America Halal Ingredients Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Halal Ingredients Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Halal Ingredients Market Size and Volume Forecast by Application
9.4.1. Food and Beverage
9.4.2. Pharmaceuticals
9.4.3. Cosmetics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Halal Ingredients Market Size and Volume Forecast by Type
9.7.1. Food Grade
9.7.2. Cosmetic Grade
9.7.3. Pharmaceutical Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Halal Ingredients Demand Share Forecast, 2019-2026
10. Latin America Halal Ingredients Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Halal Ingredients Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Halal Ingredients Market Size and Volume Forecast by Application
10.4.1. Food and Beverage
10.4.2. Pharmaceuticals
10.4.3. Cosmetics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Halal Ingredients Market Size and Volume Forecast by Type
10.7.1. Food Grade
10.7.2. Cosmetic Grade
10.7.3. Pharmaceutical Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Halal Ingredients Demand Share Forecast, 2019-2026
11. Europe Halal Ingredients Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Halal Ingredients Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Halal Ingredients Market Size and Volume Forecast by Application
11.4.1. Food and Beverage
11.4.2. Pharmaceuticals
11.4.3. Cosmetics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Halal Ingredients Market Size and Volume Forecast by Type
11.7.1. Food Grade
11.7.2. Cosmetic Grade
11.7.3. Pharmaceutical Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projetions by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Halal Ingredients Demand Share, 2019-2026
12. Asia Pacific Halal Ingredients Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Halal Ingredients Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Halal Ingredients Market Size and Volume Forecast by Application
12.4.1. Food and Beverage
12.4.2. Pharmaceuticals
12.4.3. Cosmetics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Halal Ingredients Market Size and Volume Forecast by Type
12.7.1. Food Grade
12.7.2. Cosmetic Grade
12.7.3. Pharmaceutical Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Halal Ingredients Demand Share, 2019-2026
13. Middle East & Africa Halal Ingredients Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Halal Ingredients Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Halal Ingredients Market Size and Volume Forecast by Application
13.4.1. Food and Beverage
13.4.2. Pharmaceuticals
13.4.3. Cosmetics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Halal Ingredients Market Size and Volume Forecast by Type
13.7.1. Food Grade
13.7.2. Cosmetic Grade
13.7.3. Pharmaceutical Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Halal Ingredients Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Halal Ingredients Market: Market Share Analysis
14.2. Halal Ingredients Distributors and Customers
14.3. Halal Ingredients Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Koninklijke DSM N.V.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cargill
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Barentz B.V.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ADM
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kerry
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DowDupont
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Solvay S.A.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. BASF
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Symrise
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ashland
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Purecircle Limited
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
