Halal Food Market Challenges, Drivers, Outlook, Growth Opportunities - Analysis to 2030


Posted March 26, 2024 by NilamMMR

Asia Pacific region held the highest share in 2023
 
"Halal Food Market Outlook: Maximize Market Research Pvt Ltd's Analysis and Projections"

Anticipated Growth in Revenue:

The Halal Food Market size was valued at USD 2339.1 Billion in 2023 and the Total Halal Food Market revenue is expected to grow at a CAGR of 10.5% from 2024 to 2030, reaching nearly USD 5284.96 Billion by 2030.

Halal Food Market Overview

The report provides an analysis of both the current and future conditions in the Halal Food market, delivering valuable insights and the latest information across essential segments. Within the context of the Halal Food market, the study covers crucial research areas like revenue generation, sales, and overall income. In order to offer a thorough evaluation, the report presents two distinct scenarios that encompass the entire range of the Halal Food market, including the projected Halal Food sales during the forecast period.

Halal Food Market Report Scope and Research Methodology

The comprehensive analysis report delves into the dynamics, trends, and future prospects of the Halal Food industry during the forecast period. It covers key market drivers, challenges, and recent developments, alongside demand trends, growth stimulators, spending patterns, and modernization trends across diverse regions. Based on extensive research and analysis, it incorporates inputs from industry experts, government agencies, and market participants, ensuring a reliable and accurate assessment of market dynamics and future trends. This thorough examination equips stakeholders with valuable insights to make informed decisions and navigate the evolving landscape of the Halal Food market effectively.


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Product Type segment with the quickest growth :

The Global Halal Food Market is divided into categories such as Meat and Poultry and Seafood, Cereals and Grains, Fruits and Vegetables, Milk and Dairy Products, and so on based on Product Type. In 2023, the Meat Food segment accounted for the highest proportion of the Halal Food market, with 7%. It is anticipated that halal-labeled beef products will gain increasing popularity due to the growing Islamic population. Because of its founding, the Organisation of Islamic Cooperation (OIC) is well-positioned to spearhead the effort to establish a global standard for these foods.

Halal Food Market Segmentation

by Product

Meat, Poultry and Seafood
Fruits and Vegetables
Dairy Products
Cereals and Grains
Oil, Fats and Waxes
Confectionery
Others

by Distribution Channel

Supermarkets & Hypermarkets
Convenience Stores
Specialty Stores
E-Commerce
Others

by Product Base

Modified Starch
Native Starch
Sweeteners
Others

Halal Food Market Key Players

1. Nestle S.A. Nestlé S.A. (Switzerland)
2. Cargill, Incorporated (U.S.)
3. Al Islami Food (Dubai)
4. BRF S.A.
5. QL Foods Sdn Bhd
6. Yildiz Holding
7. Kellogg’s Company
8. WH Groups Ltd.
9. Neema Food Company
10. Kawan Food Manufacturing Sdn Bhd (Malaysia)
11. Midamar Corporation
12. Saffron Road Industries (U. S.)
13. Sierra Meet Industries
14. Tahira Food
15. Chicken Cottage (UK)
16. Beijing Shunxin Agriculture
17. Jingyitai Halal Food
18. Humza Foods
19. Raj Foods
20. Azzayt SLU
21. Forward Farma BV
22. Udine

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Regional Revelations

The Halal Food market is segmented across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Detailed analysis covers factors like market size, growth rate, and import/export within these regions. The Regional Analysis offers insights into Halal Food market status across various countries included in the report, facilitating a comprehensive understanding of market dynamics.

Key questions answered in the Halal Food Market are:

What is Halal Food?
What was the Halal Food market size?
What is the growth rate of the Halal Food Market?
Which are the factors expected to drive the Halal Food market growth?
What are the different segments of the Halal Food Market?
What growth strategies are the players considering to increase their presence in Halal Food?
What are the upcoming industry applications and trends for the Halal Food Market?
What recent industry trends be implemented to generate additional revenue streams for the Halal Food Market?
What segments are covered in the Halal Food Market?
Who are the leading companies and what are their portfolios in Halal Food Market?
What segments are covered in the Halal Food Market?
Who are the key players in the Halal Food market?
Key Offerings:

Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment | 2024-2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
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Issued By MMR
Country India
Categories Food
Tags halal food market trend , halal food market size , halal food market share , halal food market growth , halal food market demand
Last Updated March 26, 2024