Global Halal Food Market Growth 2019-2024

  • receipt Report ID : 180187
  • calendar_today Published On: Jul, 2019
  • file_copy Pages: 182
  • list Food & Beverages

The Arabic word for “permitted.” Halal is commonly seen as “Halal” which means food that is permitted under Islamic guidelines as found in the Qu’ran Most food and drinks are considered Halal unless they are clearly stated as forbidden in the Qur’an (holy book of Islam) and hadith (prophetic traditions).

The halal industry is based on a belief that Muslims should eat food and use goods such as cosmetics that are "halalan toyibban", which means permissible and wholesome. In fact, the halal market is non-exclusive to Muslims, and has gained increasing acceptance among non- Muslim consumers who associate halal with ethical consumerism.

Actually, the halal industry has now expanded beyond the food sector to include pharmaceuticals, cosmetics, health products, toiletries and medical devices as well as service sector components such as logistics, marketing, print and electronic media, packaging, branding, and financing. In addition, the halal food marketplace is emerging as one of the most profitable and influential market arenas in the world food business today.

In consumption market, the global consumption value of halal food increases with the 8.14% average growth rate. East Asia and Middle East & North Africa are the mainly consumption regions due to the bigger demand of downstream applications. In 2015, these two regions occupied 56.83% of the global consumption volume in total.

Halal food has mainly three types, which include fresh products, frozen salty products, processed products and others. With large number of Islam population and economy development, the consumers will need more halal food products. So, halal food has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce high purity and good taste halal food through improving technology.

The major raw materials for halal food are fresh meat, food seasoning, packing materials and other additives. Fluctuations in the price of the upstream product will impact on the production cost of halal food, and then impact the price of halal food. The production cost of halal food is also an important factor which could impact the price of halal food. The halal food manufacturers are trying to reduce production cost by developing production method.

According to this study, over the next five years the Halal Food market will register a 6.1% CAGR in terms of revenue, the global market size will reach US$ 1630 million by 2024, from US$ 1140 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Halal Food business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Halal Food market by product type, application, key manufacturers and key regions and countries.

This study considers the Halal Food value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

Fresh Products

Frozen Salty Products

Processed Products

Others

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

Restaurant

Hotel

Home

Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Spain

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

Nestle

Cargill

Nema Food Company

Midamar

Namet Gida

Banvit Meat and Poultry

Carrefour

Isla Delice

Casino

Tesco

Halal-ash

Al Islami Foods

BRF

Unilever

Kawan Foods

QL Foods

Ramly Food Processing

China Haoyue Group

Arman Group

Hebei Kangyuan Islamic Food

Tangshan Falide Muslim Food

Allanasons Pvt

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Halal Food consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

To understand the structure of Halal Food market by identifying its various subsegments.

Focuses on the key global Halal Food manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Halal Food with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the consumption of Halal Food submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

Frequently Asked Questions

The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.

Market is segmented on the basis:

  • By Type
  • By Application
  • By Region
  • By Country
  • By Manufacturer

The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.

The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.

Table of Contents

2019-2024 Global Halal Food Consumption Market Report

1 Scope of the Report

1.1 Market Introduction

1.2 Research Objectives

1.3 Years Considered

1.4 Market Research Methodology

1.5 Economic Indicators

1.6 Currency Considered

2 Executive Summary

2.1 World Market Overview

2.1.1 Global Halal Food Consumption 2014-2024

2.1.2 Halal Food Consumption CAGR by Region

2.2 Halal Food Segment by Type

2.2.1 Fresh Products

2.2.2 Frozen Salty Products

2.2.3 Processed Products

2.2.4 Others

2.3 Halal Food Consumption by Type

2.3.1 Global Halal Food Consumption Market Share by Type (2014-2019)

2.3.2 Global Halal Food Revenue and Market Share by Type (2014-2019)

2.3.3 Global Halal Food Sale Price by Type (2014-2019)

2.4 Halal Food Segment by Application

2.4.1 Restaurant

2.4.2 Hotel

2.4.3 Home

2.4.4 Others

2.5 Halal Food Consumption by Application

2.5.1 Global Halal Food Consumption Market Share by Application (2014-2019)

2.5.2 Global Halal Food Value and Market Share by Application (2014-2019)

2.5.3 Global Halal Food Sale Price by Application (2014-2019)

3 Global Halal Food by Players

3.1 Global Halal Food Sales Market Share by Players

3.1.1 Global Halal Food Sales by Players (2017-2019)

3.1.2 Global Halal Food Sales Market Share by Players (2017-2019)

3.2 Global Halal Food Revenue Market Share by Players

3.2.1 Global Halal Food Revenue by Players (2017-2019)

3.2.2 Global Halal Food Revenue Market Share by Players (2017-2019)

3.3 Global Halal Food Sale Price by Players

3.4 Global Halal Food Manufacturing Base Distribution, Sales Area, Product Types by Players

3.4.1 Global Halal Food Manufacturing Base Distribution and Sales Area by Players

3.4.2 Players Halal Food Products Offered

3.5 Market Concentration Rate Analysis

3.5.1 Competition Landscape Analysis

3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)

3.6 New Products and Potential Entrants

3.7 Mergers & Acquisitions, Expansion

4 Halal Food by Regions

4.1 Halal Food by Regions

4.1.1 Global Halal Food Consumption by Regions

4.1.2 Global Halal Food Value by Regions

4.2 Americas Halal Food Consumption Growth

4.3 APAC Halal Food Consumption Growth

4.4 Europe Halal Food Consumption Growth

4.5 Middle East & Africa Halal Food Consumption Growth

5 Americas

5.1 Americas Halal Food Consumption by Countries

5.1.1 Americas Halal Food Consumption by Countries (2014-2019)

5.1.2 Americas Halal Food Value by Countries (2014-2019)

5.2 Americas Halal Food Consumption by Type

5.3 Americas Halal Food Consumption by Application

5.4 United States

5.5 Canada

5.6 Mexico

5.7 Key Economic Indicators of Few Americas Countries

6 APAC

6.1 APAC Halal Food Consumption by Countries

6.1.1 APAC Halal Food Consumption by Countries (2014-2019)

6.1.2 APAC Halal Food Value by Countries (2014-2019)

6.2 APAC Halal Food Consumption by Type

6.3 APAC Halal Food Consumption by Application

6.4 China

6.5 Japan

6.6 Korea

6.7 Southeast Asia

6.8 India

6.9 Australia

6.10 Key Economic Indicators of Few APAC Countries

7 Europe

7.1 Europe Halal Food by Countries

7.1.1 Europe Halal Food Consumption by Countries (2014-2019)

7.1.2 Europe Halal Food Value by Countries (2014-2019)

7.2 Europe Halal Food Consumption by Type

7.3 Europe Halal Food Consumption by Application

7.4 Germany

7.5 France

7.6 UK

7.7 Italy

7.8 Russia

7.9 Spain

7.10 Key Economic Indicators of Few Europe Countries

8 Middle East & Africa

8.1 Middle East & Africa Halal Food by Countries

8.1.1 Middle East & Africa Halal Food Consumption by Countries (2014-2019)

8.1.2 Middle East & Africa Halal Food Value by Countries (2014-2019)

8.2 Middle East & Africa Halal Food Consumption by Type

8.3 Middle East & Africa Halal Food Consumption by Application

8.4 Egypt

8.5 South Africa

8.6 Israel

8.7 Turkey

8.8 GCC Countries

9 Market Drivers, Challenges and Trends

9.1 Market Drivers and Impact

9.1.1 Growing Demand from Key Regions

9.1.2 Growing Demand from Key Applications and Potential Industries

9.2 Market Challenges and Impact

9.3 Market Trends

10 Marketing, Distributors and Customer

10.1 Sales Channel

10.1.1 Direct Channels

10.1.2 Indirect Channels

10.2 Halal Food Distributors

10.3 Halal Food Customer

11 Global Halal Food Market Forecast

11.1 Global Halal Food Consumption Forecast (2019-2024)

11.2 Global Halal Food Forecast by Regions

11.2.1 Global Halal Food Forecast by Regions (2019-2024)

11.2.2 Global Halal Food Value Forecast by Regions (2019-2024)

11.2.3 Americas Consumption Forecast

11.2.4 APAC Consumption Forecast

11.2.5 Europe Consumption Forecast

11.2.6 Middle East & Africa Consumption Forecast

11.3 Americas Forecast by Countries

11.3.1 United States Market Forecast

11.3.2 Canada Market Forecast

11.3.3 Mexico Market Forecast

11.3.4 Brazil Market Forecast

11.4 APAC Forecast by Countries

11.4.1 China Market Forecast

11.4.2 Japan Market Forecast

11.4.3 Korea Market Forecast

11.4.4 Southeast Asia Market Forecast

11.4.5 India Market Forecast

11.4.6 Australia Market Forecast

11.5 Europe Forecast by Countries

11.5.1 Germany Market Forecast

11.5.2 France Market Forecast

11.5.3 UK Market Forecast

11.5.4 Italy Market Forecast

11.5.5 Russia Market Forecast

11.5.6 Spain Market Forecast

11.6 Middle East & Africa Forecast by Countries

11.6.1 Egypt Market Forecast

11.6.2 South Africa Market Forecast

11.6.3 Israel Market Forecast

11.6.4 Turkey Market Forecast

11.6.5 GCC Countries Market Forecast

11.7 Global Halal Food Forecast by Type

11.8 Global Halal Food Forecast by Application

12 Key Players Analysis

12.1 Nestle

12.1.1 Company Details

12.1.2 Halal Food Product Offered

12.1.3 Nestle Halal Food Sales, Revenue, Price and Gross Margin (2017-2019)

12.1.4 Main Business Overview

12.1.5 Nestle News

12.2 Cargill

12.2.1 Company Details

12.2.2 Halal Food Product Offered

12.2.3 Cargill Halal Food Sales, Revenue, Price and Gross Margin (2017-2019)

12.2.4 Main Business Overview

12.2.5 Cargill News

12.3 Nema Food Company

12.3.1 Company Details

12.3.2 Halal Food Product Offered

12.3.3 Nema Food Company Halal Food Sales, Revenue, Price and Gross Margin (2017-2019)

12.3.4 Main Business Overview

12.3.5 Nema Food Company News

12.4 Midamar

12.4.1 Company Details

12.4.2 Halal Food Product Offered

12.4.3 Midamar Halal Food Sales, Revenue, Price and Gross Margin (2017-2019)

12.4.4 Main Business Overview

12.4.5 Midamar News

12.5 Namet Gida

12.5.1 Company Details

12.5.2 Halal Food Product Offered

12.5.3 Namet Gida Halal Food Sales, Revenue, Price and Gross Margin (2017-2019)

12.5.4 Main Business Overview

12.5.5 Namet Gida News

12.6 Banvit Meat and Poultry

12.6.1 Company Details

12.6.2 Halal Food Product Offered

12.6.3 Banvit Meat and Poultry Halal Food Sales, Revenue, Price and Gross Margin (2017-2019)

12.6.4 Main Business Overview

12.6.5 Banvit Meat and Poultry News

12.7 Carrefour

12.7.1 Company Details

12.7.2 Halal Food Product Offered

12.7.3 Carrefour Halal Food Sales, Revenue, Price and Gross Margin (2017-2019)

12.7.4 Main Business Overview

12.7.5 Carrefour News

12.8 Isla Delice

12.8.1 Company Details

12.8.2 Halal Food Product Offered

12.8.3 Isla Delice Halal Food Sales, Revenue, Price and Gross Margin (2017-2019)

12.8.4 Main Business Overview

12.8.5 Isla Delice News

12.9 Casino

12.9.1 Company Details

12.9.2 Halal Food Product Offered

12.9.3 Casino Halal Food Sales, Revenue, Price and Gross Margin (2017-2019)

12.9.4 Main Business Overview

12.9.5 Casino News

12.10 Tesco

12.10.1 Company Details

12.10.2 Halal Food Product Offered

12.10.3 Tesco Halal Food Sales, Revenue, Price and Gross Margin (2017-2019)

12.10.4 Main Business Overview

12.10.5 Tesco News

12.11 Halal-ash

12.12 Al Islami Foods

12.13 BRF

12.14 Unilever

12.15 Kawan Foods

12.16 QL Foods

12.17 Ramly Food Processing

12.18 China Haoyue Group

12.19 Arman Group

12.20 Hebei Kangyuan Islamic Food

12.21 Tangshan Falide Muslim Food

12.22 Allanasons Pvt

13 Research Findings and Conclusion

List of Tables and Figures

Figure Picture of Halal Food

Table Product Specifications of Halal Food

Figure Halal Food Report Years Considered

Figure Market Research Method

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