LATIN AMERICA HALAL FOOD & BEVERAGE MARKET 2019-2027

Consumer Goods & Services | Food & Beverages

LATIN AMERICA HALAL FOOD & BEVERAGE MARKET 2019-2027

Market by Product Type, Distribution Channel, User Demographics, and Geography | Forecast 2019-2027

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The Latin America halal food & beverage market is estimated to grow at a CAGR of 3.23% for the forecasting years 2019-2027.

The countries analyzed in the halal food & beverage market in the Latin American region are:

•    Brazil

•    Mexico

•    Rest of Latin America

The halal food & beverage market in Latin America shows steady growth during the forecasted period. The region lacks in the Muslim population, which hampers the market growth. However, there are various initiatives taken by governments and other agencies to promote halal food. For instance, Latin America hosted a halal industry show to promote the penetration of halal food & beverage products. In recent years, the region has witnessed considerable growth in the production of these products.

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In Brazil, halal food has been receiving recognition among the non-Muslim population due to the increasing awareness about halal food and its consumption. The country is a major beef exporter in Latin America. Brazil’s beef exports to the Middle Eastern countries have been increased after the lifting of a ban by Saudi Arabia in 2016. Additionally, Brazil is making efforts to resolve issues such as trade disputes with Indonesia, which is expected to boost the growth of the halal food & beverage market. Moreover, the growing number of Islamic tourists in Brazil is also predicted to fuel market growth.

Allanasons Private Limited is a leading exporter of branded agro commodities and processed food products. The company exports products that include frozen & chilled meat, spices & coffee, aseptic & frozen fruits, and vegetable products. The main business segment of the company includes proteins, rendered products, coffee, FMCG, leather, and pet food. The company is known for its boneless buffalo meat cuts and exporting around 1 million metric tons of agro commodities annually.

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Table of Content

1.    LATIN AMERICA HALAL FOOD & BEVERAGE MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION     

2.2. FOOD PREFERENCES  

2.3. KEY INSIGHTS      

2.3.1.   HALAL MEAT & ALTERNATIVES TO LEAD AMONGST PRODUCT TYPE

2.4. PORTER’S 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.    LATIN AMERICA 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.    LATIN AMERICA HALAL FOOD & BEVERAGE MARKET OUTLOOK – BY DISTRIBUTION CHANNELS       

4.1. TRADITIONAL RETAILERS       

4.2. SUPERMARKETS & HYPERMARKETS          

4.3. ONLINE      

4.4. OTHERS     

5.    LATIN AMERICA HALAL FOOD & BEVERAGE MARKET OUTLOOK – BY USER DEMOGRAPHICS        

5.1. MUSLIMS   

5.2. NON-MUSLIMS     

6.    LATIN AMERICA HALAL FOOD & BEVERAGE MARKET – REGIONAL OUTLOOK  

6.1. BRAZIL       

6.2. MEXICO      

6.3. REST OF LATIN AMERICA        

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: LATIN AMERICA 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: LATIN AMERICA HALAL FOOD & BEVERAGE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 6: LATIN AMERICA HALAL FOOD & BEVERAGE MARKET, BY PRODUCT TYPE, 2019-2027 (IN $ MILLION)

TABLE 7: LATIN AMERICA HALAL FOOD & BEVERAGE MARKET, BY DISTRIBUTION CHANNEL, 2019-2027 (IN $ MILLION)

TABLE 8: LATIN AMERICA HALAL FOOD & BEVERAGE MARKET, BY USER DEMOGRAPHICS, 2019-2027 (IN $ MILLION)

 

List of Figures

FIGURE 1: LATIN AMERICA HALAL FOOD & BEVERAGE MARKET, BY HALAL MEAT & ALTERNATIVES, 2019-2027 (IN $ MILLION)

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: MARKET ATTRACTIVENESS INDEX

FIGURE 4: VALUE CHAIN ANALYSIS

FIGURE 5: LATIN AMERICA HALAL FOOD & BEVERAGE MARKET, BY HALAL MEAT & ALTERNATIVES, 2019-2027 (IN $ MILLION)

FIGURE 6: LATIN AMERICA HALAL FOOD & BEVERAGE MARKET, BY HALAL MILK & MILK PRODUCTS, 2019-2027 (IN $ MILLION)

FIGURE 7: LATIN AMERICA HALAL FOOD & BEVERAGE MARKET, BY HALAL FRUITS & VEGETABLES, 2019-2027 (IN $ MILLION)

FIGURE 8: LATIN AMERICA HALAL FOOD & BEVERAGE MARKET, BY HALAL GRAIN PRODUCTS, 2019-2027 (IN $ MILLION)

FIGURE 9: LATIN AMERICA HALAL FOOD & BEVERAGE MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)

FIGURE 10: LATIN AMERICA HALAL FOOD & BEVERAGE MARKET, BY TRADITIONAL RETAILERS, 2019-2027 (IN $ MILLION)

FIGURE 11: LATIN AMERICA HALAL FOOD & BEVERAGE MARKET, BY SUPERMARKETS & HYPERMARKETS, 2019-2027 (IN $ MILLION)

FIGURE 12: LATIN AMERICA HALAL FOOD & BEVERAGE MARKET, BY ONLINE, 2019-2027 (IN $ MILLION)

FIGURE 13: LATIN AMERICA HALAL FOOD & BEVERAGE MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)

FIGURE 14: LATIN AMERICA HALAL FOOD & BEVERAGE MARKET, BY MUSLIM, 2019-2027 (IN $ MILLION)

FIGURE 15: LATIN AMERICA HALAL FOOD & BEVERAGE MARKET, BY NON-MUSLIM, 2019-2027 (IN $ MILLION)

FIGURE 16: LATIN AMERICA HALAL FOOD & BEVERAGE MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 17: BRAZIL HALAL FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)

FIGURE 18: MEXICO HALAL FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)

FIGURE 19: REST OF LATIN AMERICA HALAL FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)

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