Market Overview:
The global halal market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the global halal market can be attributed to factors such as rising Muslim population, increasing demand for processed and frozen products, and growing awareness about halal food. The global halal market by type is segmented into fresh products, frozen salty products, processed products, cereal and cereal product, and others. The processed product segment is expected to grow at the highest CAGR during the forecast period from 2018 to 2030. This can be attributed to the increasing demand for convenience foods among consumers across the globe. The globalhalal market by application is segmented into restaurant, hotel, home-use or personal consumption (PCE), and others (includes institutions such as schools). The restaurant segment accounted for majority of share in terms of revenue in 2017 owing to rising trend of eating out among consumers across different geographies.
Product Definition:
Halal is an Arabic word meaning "lawful" or "permitted". It is used to describe food and drinks that are allowed according to Islamic law.
Fresh Products:
Fresh products are those which have not been processed or canned/preserved. It includes unprocessed fruits & vegetables, raw meat & seafood and other similar products. The fresh product segment is expected to witness significant growth in the halal industry over the forecast period owing to rising demand for these products from developing countries such as Malaysia, Indonesia and Thailand among others.
Frozen Salty Products:
Frozen salty products are processed from marine organisms such as fish, which have a high content of minerals and salts. The product is usually harvested from the surface of the water body where it is frozen at a certain temperature level to preserve its freshness and nutritional value.
The global halal industry has witnessed significant growth over the past few years on account of rising Muslim population across the world, particularly in Middle Eastern countries including Saudi Arabia, UAE, Qatar, Bahrain and Egypt.
Application Insights:
Halal meat products are majorly consumed in restaurants, hotels and home meals. The restaurant segment held the largest share of more than 70.0% in 2017 owing to growing demand for halal food from a diverse set of consumers including Muslims, Christians and Jews around the world. Halal restaurants have been gaining popularity as they offer convenience along with quality food that is prepared according to Islamic dietary laws.
Regional Analysis:
Europe was the largest regional market in 2017 and is expected to maintain its position during the forecast period. The region accounted for a share of more than 30% in terms of revenue owing to high demand from countries such as U.K., Germany, France, Italy, and Spain among others.
Growth Factors:
- The global Muslim population is growing rapidly and is expected to reach 2.2 billion by 2030. This presents a large and growing market for halal products and services.
- There is a strong demand for halal products from Muslim-majority countries, as well as from non-Muslim countries with large Muslim populations.
- The global halal food market is estimated to be worth more than trillion, and it is projected to grow at a rate of 6% per year through 2020.
- Halal certification has become an important marketing tool for companies looking to tap into the growing global halal market segmentation opportunities offered by this burgeoning industry sector growth potentials are also being driven by rising incomes in key markets such as Indonesia, Malaysia, Turkey, Saudi Arabia and UAE which are fuelling demand for premium quality products across all categories including food & beverage (F&B), cosmetics & personal care (CPC) etcetera that meet Islamic requirements or certified by credible Islamic organizations/certifiers globally recognized Halalan Toyyiban standard mark provides consumer assurance on product integrity authenticity thereby boosting sales prospects prospects of firms catering to this space are therefore quite encouraging encouraging..
Scope Of The Report
Report Attributes
Report Details
Report Title
Halal Market Research Report
By Type
Fresh Products, Frozen Salty Products, Processed Products, Cereal and Cereal Product, Others,
By Application
Restaurant, Hotel, Home, Others,
By Companies
Tsaritsyno, Halal-ash, Ekol, Simons, Crown Chicken (Cranswick), Shaheen Foods, Euro Foods Group, Eggelbusch, Cleone Foods, Reinert Group, Pure Ingredients, Reghalal, Tariq Halal, Casino, Tesco plc, Tahira Foods Ltd, Isla Delice, Nestlé SA, Carrefour SA
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 Market Report Segments:
The global Halal market is segmented on the basis of:
Types
Fresh Products, Frozen Salty Products, Processed Products, Cereal and Cereal Product, Others,
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
Restaurant, Hotel, Home, Others,
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:
- Tsaritsyno
- Halal-ash
- Ekol
- Simons
- Crown Chicken (Cranswick)
- Shaheen Foods
- Euro Foods Group
- Eggelbusch
- Cleone Foods
- Reinert Group
- Pure Ingredients
- Reghalal
- Tariq Halal
- Casino
- Tesco plc
- Tahira Foods Ltd
- Isla Delice
- Nestlé SA
- Carrefour SA
Highlights of The Halal 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:
- Fresh Products
- Frozen Salty Products
- Processed Products
- Cereal and Cereal Product
- Others
- By Application:
- Restaurant
- Hotel
- Home
- Others
- 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 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 is an Arabic word meaning lawful or permissible. In Islamic law, halal foods are those that must meet certain conditions, such as being free of pork and other forbidden animals.
Some of the major companies in the halal market are Tsaritsyno, Halal-ash, Ekol, Simons, Crown Chicken (Cranswick), Shaheen Foods, Euro Foods Group, Eggelbusch, Cleone Foods, Reinert Group, Pure Ingredients, Reghalal, Tariq Halal, Casino, Tesco plc, Tahira Foods Ltd, Isla Delice, NestlƒÂ© SA, Carrefour SA.
The halal market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Halal 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 Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Halal Market - Supply Chain
4.5. Global Halal Market Forecast
4.5.1. Halal Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Halal Market Size (000 Units) and Y-o-Y Growth
4.5.3. Halal Market Absolute $ Opportunity
5. Global Halal 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 Market Size and Volume Forecast by Type
5.3.1. Fresh Products
5.3.2. Frozen Salty Products
5.3.3. Processed Products
5.3.4. Cereal and Cereal Product
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Halal 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 Market Size and Volume Forecast by Application
6.3.1. Restaurant
6.3.2. Hotel
6.3.3. Home
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Halal 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 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 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 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 Demand Share Forecast, 2019-2026
9. North America Halal 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 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 Market Size and Volume Forecast by Application
9.4.1. Restaurant
9.4.2. Hotel
9.4.3. Home
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Halal Market Size and Volume Forecast by Type
9.7.1. Fresh Products
9.7.2. Frozen Salty Products
9.7.3. Processed Products
9.7.4. Cereal and Cereal Product
9.7.5. Others
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 Demand Share Forecast, 2019-2026
10. Latin America Halal 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 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 Market Size and Volume Forecast by Application
10.4.1. Restaurant
10.4.2. Hotel
10.4.3. Home
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Halal Market Size and Volume Forecast by Type
10.7.1. Fresh Products
10.7.2. Frozen Salty Products
10.7.3. Processed Products
10.7.4. Cereal and Cereal Product
10.7.5. Others
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 Demand Share Forecast, 2019-2026
11. Europe Halal 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 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 Market Size and Volume Forecast by Application
11.4.1. Restaurant
11.4.2. Hotel
11.4.3. Home
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Halal Market Size and Volume Forecast by Type
11.7.1. Fresh Products
11.7.2. Frozen Salty Products
11.7.3. Processed Products
11.7.4. Cereal and Cereal Product
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections 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 Demand Share, 2019-2026
12. Asia Pacific Halal 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 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 Market Size and Volume Forecast by Application
12.4.1. Restaurant
12.4.2. Hotel
12.4.3. Home
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Halal Market Size and Volume Forecast by Type
12.7.1. Fresh Products
12.7.2. Frozen Salty Products
12.7.3. Processed Products
12.7.4. Cereal and Cereal Product
12.7.5. Others
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 Demand Share, 2019-2026
13. Middle East & Africa Halal 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 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 Market Size and Volume Forecast by Application
13.4.1. Restaurant
13.4.2. Hotel
13.4.3. Home
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Halal Market Size and Volume Forecast by Type
13.7.1. Fresh Products
13.7.2. Frozen Salty Products
13.7.3. Processed Products
13.7.4. Cereal and Cereal Product
13.7.5. Others
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 Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Halal Market: Market Share Analysis
14.2. Halal Distributors and Customers
14.3. Halal Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Tsaritsyno
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Halal-ash
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ekol
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Simons
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Crown Chicken (Cranswick)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Shaheen Foods
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Euro Foods Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Eggelbusch
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cleone Foods
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Reinert Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Pure Ingredients
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Reghalal
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Tariq Halal
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Casino
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Tesco plc
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Tahira Foods Ltd
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Isla Delice
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Nestlé SA
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Carrefour SA
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
