Global Halal Food Market - Forecasts from 2020 to 2025

February 2020 | 119 pages | ID: G6E9C60C460EEN
Knowledge Sourcing Intelligence LLP

Abstracts

Global halal food market is projected to grow at a CAGR of 5.94% during the forecast period, reaching US$2,047.163 billion in 2025 from US$1,448.094 billion in 2019. Halal is an Arabic term meaning “lawful” and halal food products must adhere to the standards. Any food or beverage products meeting Muslim standards are considered as halal. According to this law, alcohol, blood, pork, by-products, and blood, animals that are dead before slaughtering, and those not killed in the name of Allah are considered ‘Haram’ or impermissible for consumption. Halal animals undergo two health checks, as compared to the single inspection performed on other conventional animals. Halal certified food products include, halal foie grass, spring rolls, chicken nuggets, ravioli, lasagna, pizza, and baby food, A common example of non-halal food is pork. The demand for halal has been increasing due to the diverse tastes and interests of the Muslim population residing across the globe. Rising living standards, improved lifestyle and increasing disposable incomes across the globe is a factor for an increase in demand for halal foods.

Market Drivers

The halal food market is increasing due to the rapid increase in the Muslim population who demand halal certified food. The market is also rising due increase in the consumption of meat products. Halal beverages are increasingly made available in western-style grocery stores, including supermarket and hypermarket chains. Manufacturers and retailers are using various marketing strategies like product innovation, product line expansion, and customization, are trying to maintain the standard level of nutrient content and tastes. The company is increasingly complying with halal based preparation as this certification provides both quality and taste level. Muslims and Non-Muslims consumers prefer halal as it provides assurance of food safety, hygiene, and reliability.

By Geography Type

The global halal food market is growing significantly in North America and Europe due to changing lifestyles, increasing demand for value-added food products and increasing disposable income of people. The halal food market will also rise due to increasing per capita expenditure on food products and an increasing number of Muslim Population. The demand for halal food is high in Islamic countries like Saudi Arabia, the United Arab Emirates, Kuwait, Bahrain, Oman, and Qatar. Regionally the Halal market is classified into North America, South America, Europe, Middle East, and Africa, and the Asia Pacific The report also analyses major countries across these regions with complete analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.

Segmentation

Global halal food market is segmented by product type, distribution channel, and geography.

• By Product Type
• Meat, Poultry & Seafood
• Dairy Products
• Confectionary
• Others
• By Distribution Channel
• Online
• Offline
• By Geography
• North America

USA

Canada

Mexico

• South America

Brazil

Argentina

Others

• Europe

Germany

France

United Kingdom

Spain

Others

• Middle East and Africa

Saudi Arabia

Israel

UAE

Others

• Asia Pacific

China

Japan

South Korea

India

Others

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Contents

1. INTRODUCTION

1.1. Market Definition
1.2. Market Segmentation

2. RESEARCH METHODOLOGY

2.1. Research Data
2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
  4.3.1. Bargaining Power of Suppliers
  4.3.2. Bargaining Power of Buyers
  4.3.3. Threat of New Entrants
  4.3.4. Threat of Substitutes
  4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis

5. GLOBAL HALAL FOOD MARKET ANALYSIS, BY PRODUCT TYPE

5.1. Introduction
5.2. Meat, Poultry, & Seafood
5.3. Dairy Products
5.4. Confectionary
5.5. Others

6. GLOBAL HALAL FOOD MARKET ANALYSIS, BY DISTRIBUTION CHANNEL

6.1. Introduction
6.2. Online
6.3. Offline

7. GLOBAL HALAL FOOD MARKET ANALYSIS, BY GEOGRAPHY

7.1. Introduction
7.2. North America
  7.2.1. North America Halal Food Market, By Product Type, 2019-2025, US$ billion
  7.2.2. North America Halal Food Market, By Distribution Channel, 2019-2025, US$ billion
  7.2.3. North America Halal Food Market, By Country, 2019-2025, US$ billion
    7.2.3.1. USA
      7.2.3.1.1. By Product Type
      7.2.3.1.2. By Distribution Channel
    7.2.3.2. Canada
      7.2.3.2.1. By Product Type
      7.2.3.2.2. By Distribution Channel
    7.2.3.3. Mexico
      7.2.3.3.1. By Product Type
      7.2.3.3.2. By Distribution Channel
7.3. South America
  7.3.1. South America Halal Food Market, By Product Type, 2019-2025, US$ billion
  7.3.2. South America Halal Food Market, By Distribution Channel, 2019-2025, US$ billion
  7.3.3. South America Halal Food Market, By Country, 2019-2025, US$ billion
    7.3.3.1. Brazil
      7.3.3.1.1. By Product Type
      7.3.3.1.2. By Distribution Channel
    7.3.3.2. Argentina
      7.3.3.2.1. By Product Type
      7.3.3.2.2. By Distribution Channel
      7.3.3.2.3. Others
7.4. Europe
  7.4.1. Europe Halal Food Market, By Product Type, 2019-2025, US$ billion
  7.4.2. Europe Halal Food Market, By Distribution Channel, 2019-2025, US$ billion
  7.4.3. Europe Halal Food Market, By Country, 2019-2025, US$ billion
    7.4.3.1. Germany
      7.4.3.1.1. By Product Type
      7.4.3.1.2. By Distribution Channel
    7.4.3.2. France
      7.4.3.2.1. By Product Type
      7.4.3.2.2. By Distribution Channel
    7.4.3.3. United Kingdom
      7.4.3.3.1. By Product Type
      7.4.3.3.2. By Distribution Channel
    7.4.3.4. Spain
      7.4.3.4.1. By Product Type
      7.4.3.4.2. By Distribution Channel
    7.4.3.5. Others
7.5. Middle East and Africa
  7.5.1. Middle East and Africa Halal Food Market, By Product Type, 2019-2025, US$ billion
  7.5.2. Middle East and Africa Halal Food Market, By Distribution Channel, 2019-2025, US$ billion
  7.5.3. Middle East and Africa Halal Food Market, By Country, 2019-2025, US$ billion
    7.5.3.1. Saudi Arabia
      7.5.3.1.1. By Product Type
      7.5.3.1.2. By Distribution Channel
    7.5.3.2. Israel
      7.5.3.2.1. By Product Type
      7.5.3.2.2. By Distribution Channel
    7.5.3.3. UAE
      7.5.3.3.1. By Product Type
      7.5.3.3.2. By Distribution Channel
    7.5.3.4. Others
7.6. Asia Pacific
  7.6.1. Asia Pacific Halal Food Market, By Product Type, 2019-2025, US$ billion
  7.6.2. Asia Pacific Halal Food Market, By Distribution Channel, 2019-2025, US$ billion
  7.6.3. Asia Pacific Halal Food Market, By Country, 2019-2025, US$ billion
    7.6.3.1. China
      7.6.3.1.1. By Product Type
      7.6.3.1.2. By Distribution Channel
    7.6.3.2. Japan
      7.6.3.2.1. By Product Type
      7.6.3.2.2. By Distribution Channel
    7.6.3.3. South Korea
      7.6.3.3.1. By Product Type
      7.6.3.3.2. By Distribution Channel
    7.6.3.4. India
      7.6.3.4.1. By Product Type
      7.6.3.4.2. By Distribution Channel
    7.6.3.5. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix

9. COMPANY PROFILES

9.1. Cargill, Incorporated
9.2. Al Islami Foods
9.3. QL Resources Sdn Bhd
9.4. Unilever
9.5. Nestl?
9.6. Danisco
9.7. Halal Fine Foods
9.8. American Foods Group, LLC
9.9. Tahira
9.10. Pacmoore Products Inc