The Arabic word for “permitted.” Halal is commonly seen as “Halal” which means food that is permitted under Islamic guidelines as found in the Qu’ran Most food and drinks are considered Halal unless they are clearly stated as forbidden in the Qur’an (holy book of Islam) and hadith (prophetic traditions).
The halal industry is based on a belief that Muslims should eat food and use goods such as cosmetics that are "halalan toyibban", which means permissible and wholesome. In fact, the halal market is non-exclusive to Muslims, and has gained increasing acceptance among non- Muslim consumers who associate halal with ethical consumerism.
Actually, the halal industry has now expanded beyond the food sector to include pharmaceuticals, cosmetics, health products, toiletries and medical devices as well as service sector components such as logistics, marketing, print and electronic media, packaging, branding, and financing. In addition, the halal food marketplace is emerging as one of the most profitable and influential market arenas in the world food business today.
Downstream growth in demand prompted the rapid growth of halal food in Europe, which is because of both growth of population of Muslim and the growth of Muslim income in these countries.
European halal food industry is quite fragmented with a large number of companies can produce halal food but the companies passed the halal certification are limited. Although halal certification is considered a key enabler for the successful development of the global halal industry, the industry is still plagued by the issue of differing certification standards. The lack of a single, unified global halal standard is a pressing issue within the halal industry.
Halal food is going to be main-stream in Europe. And the downstream consumption market is constantly expanding, not only the Muslims, but also non-Muslim began to join the ranks of the consumer. As for the age of consumption, the young generation of Muslims is agents of change for the halal industry. Supermarkets, hypermarkets and food distribution chains are increasing their share of halal distribution, capitalizing on young halal consumers’ interests in having the same choices as non-halal consumers.
The global Halal market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Halal market based on company, product type, end user and key regions.
This report studies the global market size of Halal in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Halal in these regions.
This research report categorizes the global Halal market by top players/brands, region, type and end user. This report also studies the global Halal market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Tsaritsyno
Halal-ash
Ekol
Simons
Crown Chicken (Cranswick)
Shaheen Foods
Euro Foods Group
Eggelbusch
Cleone Foods
Reinert Group
Pure Ingredients
Reghalal
Tariq Halal
Casino
Tesco plc
Tahira Foods Ltd
Isla Delice
Nestlé SA
Carrefour SA
Market size by Product
Fresh Products
Frozen Salty Products
Processed Products
Cereal and Cereal Product
Others
Market size by End User
Restaurant
Hotel
Home
Others
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Halal market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Halal market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Halal companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Halal submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Halal are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Halal market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Halal . Industry analysis & Market Report on Halal is a syndicated market report, published as Global Halal Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Halal market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.