Global Halal Food and Beverages Market report from Global Insight Services is the single authoritative source of intelligence on Halal Food and Beverages Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. 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.
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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.
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