Global Halal Food Market Analysis
Market Size and Growth:
The global Halal Food market was valued at US$ 2339 Bn. in 2023 and is projected to reach US$ 5284.96 Bn. by 2030, growing at a compound annual growth rate (CAGR) of 12.5% during the forecast period.
Market Overview:
This comprehensive market study examines current and emerging trends, as well as dynamics within the global Halal Food market. The report provides detailed market forecasts for key segments from 2021 to 2027. Extensive analysis is conducted by monitoring the positions of key products and main competitors within the market. To understand the competitive landscape, major players are profiled and their strategies thoroughly evaluated.
Market Scope:
The analysis includes an up-to-date review of the current Halal Food market landscape, highlighting recent trends, drivers, and an overview of the overall market environment. Increasing demand for Halal Food is a significant driver of market growth. The report covers various aspects including technology, end-user, and type segments, as well as the geographical landscape.
Drivers and Restraints:
The report also identifies major drivers and restraints impacting the Halal Food market.
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Segmentation
The market research provides quantitative insights that illustrate the potential of the global market across various categories, along with country-specific analyses.
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
Key Players:
Key factors influencing the market are explored, and detailed company profiles of major 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 Analysis:
The regional segment of the Halal Food market study includes factors influencing the market and changes in laws that affect current and future trends. Analysis includes value chain assessments, technology trends, Porter's Five Forces analysis, and case studies. Availability and competition from global and local players are considered when examining regional projections.
COVID-19 Impact Analysis:
The COVID-19 pandemic significantly impacted the global Halal Food industry. Production facilities were halted due to the economic downturn and workforce shortages. The pandemic caused a prolonged decrease in production utilization, and travel restrictions kept personnel from facilities, slowing market growth in 2020. However, this negative impact is expected to be temporary, with the market projected to recover significantly by early 2021 due to increased demand for Halal Food .
Key Questions Answered in the Report:
- Which segment accounted for the largest share in the Halal Food market?
- What was the competitive scenario of the Halal Food market in 2020?
- What are the key factors driving growth in the Halal Food market?
- Which region held the maximum share in the Halal Food market in 2020?
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