Market By Product Type, Distribution Channel, User Demographics, And Geography | Forecast 2019-2027
Triton Market Research predicts that the global halal food & beverage market would witness a CAGR of 5.85% over the forecast period 2019-2027. The market was valued at $46.285 billion in the year 2018 and is expected to rise to a revenue of about $77.07 billion by the year 2027.
Halal is an Arabic word meaning lawful or permitted. Halal foods have to follow dietary standards, according to the Quran. The animal must be slaughtered by the neck and the blood must be shed out thoroughly. Few ingredients, such as emulsifiers, gelatin, enzymes, etc., are questionable. There are several regulatory bodies formed to check the products sold under the name of halal meat.
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Triton Market Research’s report on the halal food & beverage market provides an in-depth insight of the market. The detailed analysis of the market includes key market insights, Porter’s five force analysis, key impact analysis, and market attractiveness index.
Factors such as the growth in the Muslim population and awareness regarding halal food among the non-Muslim population drive the overall market. One major factor driving the growth of halal food consumption is the rationale behind its recognition as a halal-certified product. For people of other religions, halal food items are a delineation of quality, hygiene, and safety when strictly produced under Holistic Halal Assurance Management System. The cognitive reactions and perceptions of people across the world regarding hygienic food products are the major parameters sustaining this concept. These factors clearly depict that halal food is gaining importance among the non-Muslim population.
Furthermore, investment in the halal food value chain and developing tracking technology are key opportunities that can be leveraged by the market to achieve the projected growth. The halal food & beverage market is fragmented into several small companies. Companies are finding opportunities to invest in the supply chain, from slaughterhouses to distributors that would provide positive returns for the investors while strengthening the company position in the market. The majority of halal food is being produced in non-Muslim majority countries. There needs to be more coordination between the accreditation bodies to avoid unwanted competition or duplication. This is one of the major challenges faced in the market. Furthermore, the implementation of halal standards throughout the value chain is the key restraining factor of the halal food & beverage market.
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Key geographies covered in the global halal food & beverage market are:
• North America: the United States and Canada
• Europe: United Kingdom, France, Germany, Spain, Italy, Russia and Rest of Europe
• Asia-Pacific: China, Japan, India, Australia, South Korea, Indonesia, Malaysia, ASEAN Countries and Rest of Asia-Pacific
• Latin America: Brazil, Mexico and Rest of Latin America
• The Middle East and Africa: Saudi Arabia, Turkey, the United Arab Emirates, South Africa and Rest of Middle East & Africa
The segmentation analysis of the halal food & beverage market includes:
• Product Type
O Halal meat & alternatives
O Halal milk & milk products
O Halal fruits & vegetables
O Halal grain products
O Others
• Distribution Channel
O Traditional retailers
O Supermarkets & hypermarkets
O Online
O Others
• User Demographics
O Muslim
O Non-Muslim
The key companies profiled in the halal food & beverage market report include Nestlé, Cargill Inc., Al Islami Foods, Crescent Foods, QL Foods Sdn Bhd, Nema Food Company, NAMET, Kawan Food Bhd, Haoyue Group, and Allanasons Private Limited.
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VIEW REPORT1. GLOBAL
HALAL FOOD & BEVERAGE MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. FOOD
PREFERENCES
2.3. KEY
INSIGHTS
2.3.1. ASIA-PACIFIC
TO LEAD THE GLOBAL HALAL FOOD & BEVERAGE MARKET
2.3.2. HALAL
MEAT & ALTERNATIVES TO LEAD AMONGST PRODUCT TYPE
2.4. PORTERS
FIVE FORCE ANALYSIS
2.4.1. THREAT
OF NEW ENTRANTS
2.4.2. THREAT
OF SUBSTITUTE
2.4.3. BARGAINING
POWER OF SUPPLIERS
2.4.4. BARGAINING
POWER OF BUYERS
2.4.5. THREAT
OF COMPETITIVE RIVALRY
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. VENDOR
SCORECARD
2.7. REGULATORY
FRAMEWORK
2.8. VALUE
CHAIN ANALYSIS
2.9. MARKET
DRIVERS
2.9.1. GROWTH
IN MUSLIM POPULATION
2.9.2. AWARENESS
REGARDING HALAL FOOD AMONG NON-MUSLIM POPULATION
2.10. MARKET
RESTRAINTS
2.10.1. IMPLEMENTATION OF HALAL
STANDARDS THROUGHOUT THE VALUE CHAIN
2.11. MARKET
OPPORTUNITIES
2.11.1. INVESTMENT IN HALAL FOOD VALUE
CHAIN INTEGRATION.
2.11.2. DEVELOPING TRACKING TECHNOLOGY
2.12. MARKET
CHALLENGES
2.12.1.ABSENCE OF VIABLE INTERNATIONAL
SCHEMES TO ACCREDIT HALAL CERTIFICATION BODIES
3. GLOBAL
HALAL FOOD & BEVERAGE MARKET OUTLOOK – BY PRODUCT TYPE
3.1. HALAL
MEAT & ALTERNATIVES
3.2. HALAL
MILK & MILK PRODUCTS
3.3. HALAL
FRUITS & VEGETABLES
3.4. HALAL
GRAIN PRODUCTS
3.5. OTHERS
4. GLOBAL
HALAL FOOD & BEVERAGE MARKET OUTLOOK – BY DISTRIBUTION CHANNELS
4.1. TRADITIONAL
RETAILERS
4.2. SUPERMARKETS
& HYPERMARKETS
4.3. ONLINE
4.4. OTHERS
5. GLOBAL
HALAL FOOD & BEVERAGE INDUSTRY OUTLOOK – BY USER DEMOGRAPHICS
5.1. MUSLIMS
5.2. NON-MUSLIMS
6. GLOBAL
HALAL FOOD & BEVERAGE MARKET – REGIONAL OUTLOOK
6.1. NORTH
AMERICA
6.1.1. MARKET
BY PRODUCT TYPE
6.1.2. MARKET
BY DISTRIBUTION CHANNEL
6.1.3. MARKET
BY USER DEMOGRAPHICS
6.1.4. COUNTRY
ANALYSIS
6.1.4.1. UNITED
STATES
6.1.4.2. CANADA
6.2. EUROPE
6.2.1. MARKET
BY PRODUCT TYPE
6.2.2. MARKET
BY DISTRIBUTION CHANNEL
6.2.3. MARKET
BY USER DEMOGRAPHICS
6.2.4. COUNTRY
ANALYSIS
6.2.4.1. UNITED
KINGDOM
6.2.4.2. GERMANY
6.2.4.3. FRANCE
6.2.4.4. SPAIN
6.2.4.5. ITALY
6.2.4.6. RUSSIA
6.2.4.7. REST
OF EUROPE
6.3. ASIA-PACIFIC
6.3.1. MARKET
BY PRODUCT TYPE
6.3.2. MARKET
BY DISTRIBUTION CHANNEL
6.3.3. MARKET
BY USER DEMOGRAPHICS
6.3.4. COUNTRY
ANALYSIS
6.3.4.1. CHINA
6.3.4.2. JAPAN
6.3.4.3. INDIA
6.3.4.4. SOUTH
KOREA
6.3.4.5. INDONESIA
6.3.4.6. MALAYSIA
6.3.4.7. ASEAN
COUNTRIES
6.3.4.8. AUSTRALIA
& NEW ZEALAND
6.3.4.9. REST
OF ASIA-PACIFIC
6.4. LATIN
AMERICA
6.4.1. MARKET
BY PRODUCT TYPE
6.4.2. MARKET
BY DISTRIBUTION CHANNEL
6.4.3. MARKET
BY USER DEMOGRAPHICS
6.4.4. COUNTRY
ANALYSIS
6.4.4.1. BRAZIL
6.4.4.2. MEXICO
6.4.4.3. REST
OF LATIN AMERICA
6.5. MIDDLE
EAST AND AFRICA
6.5.1. MARKET
BY PRODUCT TYPE
6.5.2. MARKET
BY DISTRIBUTION CHANNEL
6.5.3. MARKET
BY USER DEMOGRAPHICS
6.5.4. COUNTRY
ANALYSIS
6.5.4.1. UNITED
ARAB EMIRATES
6.5.4.2. TURKEY
6.5.4.3. SAUDI
ARABIA
6.5.4.4. SOUTH
AFRICA
6.5.4.5. REST
OF MIDDLE EAST & AFRICA
7. COMPETITIVE
LANDSCAPE
7.1. NESTLÉ
7.2. CARGILL,
INC.
7.3. AL
ISLAMI FOODS
7.4. QL
FOODS SDN. BHD
7.5. CRESCENT
FOODS
7.6. NEMA
FOOD CO
7.7. NAMET
7.8. KAWAN
FOOD BERHAD
7.9. HAOYUE
GROUP
7.10. ALLANASONS
PVT. LTD.
8. METHODOLOGY
& SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: GLOBAL HALAL
FOOD & BEVERAGE MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)
TABLE 2: TASTE &
FOOD PREFERENCES
TABLE 3: VENDOR
SCORECARD
TABLE 4: REGULATORY
FRAMEWORK
TABLE 5: GLOBAL HALAL
FOOD & BEVERAGE MARKET, BY PRODUCT TYPE, 2019-2027 (IN $ MILLION)
TABLE 6: GLOBAL HALAL
FOOD & BEVERAGE MARKET, BY DISTRIBUTION CHANNEL, 2019-2027 (IN $ MILLION)
TABLE 7: GLOBAL HALAL
FOOD & BEVERAGE MARKET, BY USER DEMOGRAPHICS, 2019-2027 (IN $ MILLION)
TABLE 8: GLOBAL HALAL
FOOD & BEVERAGE MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)
TABLE 9: NORTH AMERICA
HALAL FOOD & BEVERAGE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 10: NORTH AMERICA
HALAL FOOD & BEVERAGE MARKET, BY PRODUCT TYPE, 2019-2027 (IN $ MILLION)
TABLE 11: NORTH AMERICA
HALAL FOOD & BEVERAGE MARKET, BY DISTRIBUTION CHANNEL, 2019-2027 (IN $
MILLION)
TABLE 12: NORTH AMERICA
HALAL FOOD & BEVERAGE MARKET, BY USER DEMOGRAPHICS, 2019-2027 (IN $
MILLION)
TABLE 13: EUROPE HALAL
FOOD & BEVERAGE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 14: EUROPE HALAL
FOOD & BEVERAGE MARKET, BY PRODUCT TYPE, 2019-2027 (IN $ MILLION)
TABLE 15: EUROPE HALAL
FOOD & BEVERAGE MARKET, BY DISTRIBUTION CHANNEL, 2019-2027 (IN $ MILLION)
TABLE 16: EUROPE HALAL
FOOD & BEVERAGE MARKET, BY USER DEMOGRAPHICS, 2019-2027 (IN $ MILLION)
TABLE 17: ASIA-PACIFIC
HALAL FOOD & BEVERAGE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 18: ASIA-PACIFIC
HALAL FOOD & BEVERAGE MARKET, BY PRODUCT TYPE, 2019-2027 (IN $ MILLION)
TABLE 19: ASIA-PACIFIC
HALAL FOOD & BEVERAGE MARKET, BY DISTRIBUTION CHANNEL, 2019-2027 (IN $
MILLION)
TABLE 20: ASIA-PACIFIC
HALAL FOOD & BEVERAGE MARKET, BY USER DEMOGRAPHICS, 2019-2027 (IN $
MILLION)
TABLE 21: LATIN AMERICA
HALAL FOOD & BEVERAGE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 22: LATIN AMERICA
HALAL FOOD & BEVERAGE MARKET, BY PRODUCT TYPE, 2019-2027 (IN $ MILLION)
TABLE 23: LATIN AMERICA
HALAL FOOD & BEVERAGE MARKET, BY DISTRIBUTION CHANNEL, 2019-2027 (IN $
MILLION)
TABLE 24: LATIN AMERICA
HALAL FOOD & BEVERAGE MARKET, BY USER DEMOGRAPHICS, 2019-2027 (IN $ MILLION)
TABLE 25: MIDDLE EAST
AND AFRICA HALAL FOOD & BEVERAGE MARKET, BY COUNTRY, 2019-2027 (IN $
MILLION)
TABLE 26: MIDDLE EAST
AND AFRICA HALAL FOOD & BEVERAGE MARKET, BY PRODUCT TYPE, 2019-2027 (IN $
MILLION)
TABLE 27: MIDDLE EAST
AND AFRICA HALAL FOOD & BEVERAGE MARKET, BY DISTRIBUTION CHANNEL, 2019-2027
(IN $ MILLION)
TABLE 28: MIDDLE EAST
AND AFRICA HALAL FOOD & BEVERAGE MARKET, BY USER DEMOGRAPHICS, 2019-2027
(IN $ MILLION)
FIGURE 1: ASIA-PACIFIC
HALAL FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 2: GLOBAL HALAL
FOOD & BEVERAGE MARKET, BY HALAL MEAT & ALTERNATIVES, 2019-2027 (IN $
MILLION)
FIGURE 3: PORTER’S FIVE
FORCE ANALYSIS
FIGURE 4: MARKET
ATTRACTIVENESS INDEX
FIGURE 5: VALUE CHAIN
ANALYSIS
FIGURE 6: GLOBAL HALAL
FOOD & BEVERAGE MARKET, BY HALAL MEAT & ALTERNATIVES, 2019-2027 (IN $
MILLION)
FIGURE 7: GLOBAL HALAL
FOOD & BEVERAGE MARKET, BY HALAL MILK & MILK PRODUCTS, 2019-2027 (IN $
MILLION)
FIGURE 8: GLOBAL HALAL
FOOD & BEVERAGE MARKET, BY HALAL FRUITS & VEGETABLES, 2019-2027 (IN $
MILLION)
FIGURE 9: GLOBAL HALAL
FOOD & BEVERAGE MARKET, BY HALAL GRAIN PRODUCTS, 2019-2027 (IN $ MILLION)
FIGURE 10: GLOBAL HALAL
FOOD & BEVERAGE MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
FIGURE 11: GLOBAL HALAL
FOOD & BEVERAGE MARKET, BY TRADITIONAL RETAILERS, 2019-2027 (IN $ MILLION)
FIGURE 12: GLOBAL HALAL
FOOD & BEVERAGE MARKET, BY SUPERMARKETS & HYPERMARKETS, 2019-2027 (IN $
MILLION)
FIGURE 13: GLOBAL HALAL
FOOD & BEVERAGE MARKET, BY ONLINE, 2019-2027 (IN $ MILLION)
FIGURE 14: GLOBAL HALAL
FOOD & BEVERAGE MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
FIGURE 15: GLOBAL HALAL
FOOD & BEVERAGE MARKET, BY MUSLIM, 2019-2027 (IN $ MILLION)
FIGURE 16: GLOBAL HALAL
FOOD & BEVERAGE MARKET, BY NON-MUSLIM, 2019-2027 (IN $ MILLION)
FIGURE 17: GLOBAL HALAL
FOOD & BEVERAGE MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 18: UNITED
STATES HALAL FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 19: CANADA HALAL
FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 20: UNITED
KINGDOM HALAL FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 21: GERMANY
HALAL FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 22: FRANCE HALAL
FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 23: SPAIN HALAL
FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 24: ITALY HALAL
FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 25: RUSSIA HALAL
FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 26: REST OF
EUROPE HALAL FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 27: CHINA HALAL
FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 28: JAPAN HALAL
FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 29: INDIA HALAL
FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 30: SOUTH KOREA
HALAL FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 31: INDONESIA
HALAL FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 32: MALAYSIA
HALAL FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 33: ASEAN
COUNTRIES HALAL FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 34: AUSTRALIA
& NEW ZEALAND HALAL FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 35: REST OF
ASIA-PACIFIC HALAL FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 36: BRAZIL HALAL
FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 37: MEXICO HALAL
FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 38: REST OF
LATIN AMERICA HALAL FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 39: UNITED ARAB
EMIRATES HALAL FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 40: TURKEY HALAL
FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 41: SAUDI ARABIA
HALAL FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 42: SOUTH AFRICA
HALAL FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 43: REST OF
MIDDLE EAST AND AFRICA HALAL FOOD & BEVERAGE MARKET, 2019-2027 (IN $
MILLION)