Market Overview:
The global halal meat 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 demand for halal meat due to its religious beliefs, increasing population of Muslims, and growing awareness about the benefits of consuming halal meat. The global halal meat market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into poultry, mutton, beef, and others. Poultry dominates the global Halal Meat Market with a share of more than 50%. This can be attributed to factors such as ease in availability and affordability. On the basis of application, fresh food accounts for majority share in terms revenue generated followed by processed food segments respectively.
Product Definition:
Meat that has been slaughtered according to Islamic law.
Pourtry:
Pourtry is a natural growth factor extracted from the cartilages of chicken and turkey. It promotes meat firmness, color, and taste. Pourtry also helps in maintaining the moisture content of meat during its processing & storage.
The global halal meat market has been witnessing significant growth over the past few years on account of rising Muslim population across the world which has increased their spending on halal food products especially beef and poultry products such as chicken & turkey.
Mutton:
Mutton is one of the most commonly used meat types in the Islamic world. It is a meat product obtained from sheep and/or goats. The mutton industry has been witnessing significant growth over the past few years on account of increasing demand for halal food products from various Islamic countries including Pakistan, Bangladesh, India, Morocco and Indonesia among others.
Application Insights:
The processed food segment dominated the global halal meat market, accounting for a revenue share of over 50.0% in 2017. The growth can be attributed to increasing demand for convenience foods among various segments including working class people, retail buyers and consumers who prefer eating on the go. Halal certified products are widely used in processed food as they are considered to be more hygienic than their unprocessed counterparts owing to which majority of halal meat consumed globally is found in processed forms such as canned goods, corned meats and salamis etc.
Fresh food is expected to witness the fastest growth rate over the forecast period owing to rising demand from countries like India.
Regional Analysis:
Asia Pacific dominated the global halal meat market in 2016 with more than 45% of the revenue share. The presence of a large Muslim population in countries such as India, China, and Indonesia is expected to remain favorable for the industry growth over the forecast period. Furthermore, increasing demand for processed food among Muslims is anticipated to fuel industry expansion over next eight years.
The Asia Pacific was followed by Europe which accounted for more than 20% of total market share in 2016 owing to high animal welfare concerns among consumers coupled with stringent regulations from European Parliament and EU regarding labeling requirements. However, growing awareness about Islamic dietary laws may boost regional growth during forecast period.
North America also holds a significant position due to rising demand from U.S.
Growth Factors:
- Increasing Muslim population: The global Muslim population is expected to grow at a rate of 1.5% annually, reaching 26% of the world’s population by 2030. This will create a larger demand for Halal meat products around the world.
- Rising income levels in Muslim countries: As incomes rise, there is an increased demand for premium quality Halal meat products that meet Islamic dietary requirements.
- Growing awareness of Halal meat benefits: There is growing awareness among consumers about the health and nutritional benefits of eating Halal meat products. This has led to an increase in demand for these products in both developed and developing countries alike.
Scope Of The Report
Report Attributes
Report Details
Report Title
Halal Meat Market Research Report
By Type
Pourtry, Mutton, Beef, Others
By Application
Fresh Food, Processed Food
By Companies
Carrefour SA, Nestle SA, Isla Delice, Tahira Foods Ltd., Tesco plc, Casino, Tariq Halal, Reghalal, Pure Ingredients, Reinert Group, Cleone Foods, Eggelbusch, Euro Foods Group, Shaheen Foods, Crown Chicken(Cranswick), Simons, Ekol, Halal-ash, Tsaritsyno, Hebei Kangyuan Islamic Food, Tangshan Falide Muslim Food, Barra Mansa, Arman Group, China Haoyue Group, 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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Halal Meat Market Report Segments:
The global Halal Meat market is segmented on the basis of:
Types
Pourtry, Mutton, Beef, 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
Fresh Food, Processed Food
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:
- Carrefour SA
- Nestle SA
- Isla Delice
- Tahira Foods Ltd.
- Tesco plc
- Casino
- Tariq Halal
- Reghalal
- Pure Ingredients
- Reinert Group
- Cleone Foods
- Eggelbusch
- Euro Foods Group
- Shaheen Foods
- Crown Chicken(Cranswick)
- Simons
- Ekol
- Halal-ash
- Tsaritsyno
- Hebei Kangyuan Islamic Food
- Tangshan Falide Muslim Food
- Barra Mansa
- Arman Group
- China Haoyue Group
- Al Islami Foods
Highlights of The Halal Meat 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:
- Pourtry
- Mutton
- Beef
- Others
- By Application:
- Fresh Food
- Processed Food
- 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 Meat 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 meat is meat that has been slaughtered according to Islamic law.
Some of the major companies in the halal meat market are Carrefour SA, Nestle SA, Isla Delice, Tahira Foods Ltd., Tesco plc, Casino, Tariq Halal, Reghalal, Pure Ingredients, Reinert Group, Cleone Foods, Eggelbusch, Euro Foods Group, Shaheen Foods, Crown Chicken(Cranswick), Simons, Ekol, Halal-ash, Tsaritsyno, Hebei Kangyuan Islamic Food, Tangshan Falide Muslim Food, Barra Mansa, Arman Group, China Haoyue Group, Al Islami Foods.
The halal meat market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Halal Meat 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 Meat Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Halal Meat Market - Supply Chain
4.5. Global Halal Meat Market Forecast
4.5.1. Halal Meat Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Halal Meat Market Size (000 Units) and Y-o-Y Growth
4.5.3. Halal Meat Market Absolute $ Opportunity
5. Global Halal Meat 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 Meat Market Size and Volume Forecast by Type
5.3.1. Pourtry
5.3.2. Mutton
5.3.3. Beef
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Halal Meat 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 Meat Market Size and Volume Forecast by Application
6.3.1. Fresh Food
6.3.2. Processed Food
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Halal Meat 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 Meat 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 Meat 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 Meat 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 Meat Demand Share Forecast, 2019-2026
9. North America Halal Meat 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 Meat 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 Meat Market Size and Volume Forecast by Application
9.4.1. Fresh Food
9.4.2. Processed Food
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Halal Meat Market Size and Volume Forecast by Type
9.7.1. Pourtry
9.7.2. Mutton
9.7.3. Beef
9.7.4. 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 Meat Demand Share Forecast, 2019-2026
10. Latin America Halal Meat 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 Meat 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 Meat Market Size and Volume Forecast by Application
10.4.1. Fresh Food
10.4.2. Processed Food
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Halal Meat Market Size and Volume Forecast by Type
10.7.1. Pourtry
10.7.2. Mutton
10.7.3. Beef
10.7.4. 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 Meat Demand Share Forecast, 2019-2026
11. Europe Halal Meat 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 Meat 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 Meat Market Size and Volume Forecast by Application
11.4.1. Fresh Food
11.4.2. Processed Food
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Halal Meat Market Size and Volume Forecast by Type
11.7.1. Pourtry
11.7.2. Mutton
11.7.3. Beef
11.7.4. 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 Prduct Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Halal Meat Demand Share, 2019-2026
12. Asia Pacific Halal Meat 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 Meat 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 Meat Market Size and Volume Forecast by Application
12.4.1. Fresh Food
12.4.2. Processed Food
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Halal Meat Market Size and Volume Forecast by Type
12.7.1. Pourtry
12.7.2. Mutton
12.7.3. Beef
12.7.4. 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 Meat Demand Share, 2019-2026
13. Middle East & Africa Halal Meat 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 Meat 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 Meat Market Size and Volume Forecast by Application
13.4.1. Fresh Food
13.4.2. Processed Food
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Halal Meat Market Size and Volume Forecast by Type
13.7.1. Pourtry
13.7.2. Mutton
13.7.3. Beef
13.7.4. 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 Meat Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Halal Meat Market: Market Share Analysis
14.2. Halal Meat Distributors and Customers
14.3. Halal Meat Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Carrefour SA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nestle SA
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Isla Delice
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tahira Foods Ltd.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tesco plc
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Casino
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tariq Halal
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Reghalal
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Pure Ingredients
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. Cleone Foods
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Eggelbusch
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Euro Foods Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Shaheen Foods
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Crown Chicken(Cranswick)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Simons
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Ekol
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Halal-ash
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Tsaritsyno
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Hebei Kangyuan Islamic Food
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
