New York, According to a new market research report published by Global Insight Services “Halal Food and Beverages Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Halal food and beverages are those which are permissible for Muslims to consume according to Islamic law. The term ‘halal’ is derived from the Arabic word meaning ‘permissible’. In order to be halal, food and drink must be prepared in accordance with certain guidelines and must not contain any prohibited ingredients.
Download a Free PDF Sample Copy of Report : https://www.globalinsightservices.com/request-sample/GIS21858
Key Trends
There are a few key trends in Halal food and beverage technology.
One is the trend toward more natural and organic ingredients. This is in line with the general trend in the food and beverage industry, but it is especially important for Halal products since many Muslims prefer to avoid synthetic ingredients.
Another key trend is the use of new technologies to make Halal foods more convenient and accessible.
Finally, there is a growing trend toward Halal-certified products.
Key Drivers
The key drivers of the Halal Food and Beverages market are:
1) The increasing number of Muslims around the world: The global Muslim population is expected to grow from 1.6 billion in 2010 to 2.2 billion by 2030, according to a report by the Pew Research Center.
2) The growing awareness of halal food and beverage products: As the Muslim population grows, so does the awareness of halal food and beverage products.
Market Segments
The halal food and beverages market is segmented by product, distribution channel, end-user, and region. By product, the market is classified into meat, milk, fruits, vegetables, and others. Based on distribution channels, it is bifurcated into hypermarkets, departmental stores, online, and others. On the basis of end-user, it is divided into household, and food industries. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
Key Players
The global halal food and beverages market includes players such as Nestlé S.A, Cargill Incorporated, Unilever, American Halal Company Inc., Al-Falah Halal Foods, Prima Agri-Products, One World Foods Inc., Midamar Corporation, QL Foods, Rosen’s Diversified Inc., and others.
Get Customized report as per your requirements : https://www.globalinsightservices.com/request-customization/GIS21858
Reasons to buy Halal Food and Beverages Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
Contact Us:
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: [email protected]
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/