GLOBAL HALAL FOOD & BEVERAGE MARKET 2019-2027

Consumer Goods & Services | Food & Beverages

GLOBAL HALAL FOOD & BEVERAGE MARKET 2019-2027

Market By Product Type, Distribution Channel, User Demographics, And Geography | Forecast 2019-2027

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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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Table of Content

1.    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  

 

List of table

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)

 

List of Figures

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)

 

 

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