The Global Halal Foods Market Size Was Valued at USD 1.86 Trillion in 2021, and is Projected to Reach USD 3.53 Trillion by 2028, Growing at A CAGR of 9.6 % From 2022 to 2028.
1. GLOBAL HALAL FOODS MARKET RESEARCH REPORT,
2023-2029
Market Value:
• 2021 = USD 1.86 Trillion
• 2028 = USD 3.53 Trillion
• CAGR = 9.6%
Date Published: January 2023
Publisher: Introspective Market Research
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Annual Market Size and Forecast
Technological Roadmap & Regulatory Landscape
Analysis on type and applications
Industry Value Chain Analysis
Analysis on Major Trends
Key strategies by Top Market Players
Market Share Analysis 2021
REPORT OUTCOMES
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The Global Halal Foods Market Size Was Valued at USD 1.86 Trillion in 2021,
and is Projected to Reach USD 3.53 Trillion by 2028, Growing at A CAGR of 9.6
% From 2022 to 2028.
Halal is an Arabic term that means "allowed" and refers to a system of regulations in
Islam that dictate permissible and forbidden actions, which frequently involve food
and drink. Meat must be slaughtered according to specific strict rules to be certified
halal; otherwise, it is termed "haram," or illegal. According to this commandment,
alcohol, blood, pork, pig by-products, animals that are dead before slaughtering, and
animals that are not slaughtered in the name of Allah are all deemed 'haram,' or unfit
for sustenance.
This study utilized various analytical tools such as Porter’s 5 Forces model and SWOT
analysis. It also included market sizing, top-down and bottom-up research. Porter’s 5
Forces model allows you to identify the competitive advantages of a business in the
market. The PESTLE analysis can measure the impact of political, economic, social,
and technological factors. SWOT helps companies to understand their current
position. It is primarily based on strengths and weaknesses. A bottom-up model that
uses micro attributes to estimate the market. This market research study also uses
top-down and value-chain analysis models.
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Key Prominent Players In The Halal Foods Market:
QL Foods Sdn Bhd,Al Islami Foods Co.,DagangHalal Group,Saffron Road,Kawan
Foods Berhad,Janan Meat Ltd,Prima Agri-Products Sdn Bhd,Cargill Inc.,BRF
S.A.,Nestle S.A.,Tahira Foods Ltd.,Al-Falah Halal Foods Ltd. and other major players.
Market segmentation
The Halal Foods market is segmented by type and application. Growth between
segments over the period 2022-2028 provides accurate calculations and forecasts of
revenue by type and application in terms of volume and value. This analysis can help
you expand your business by targeting eligible niches.
By Product Type
• Meat
• Poultry & Seafood
• Dairy Products
• Fruits & Vegetables
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• Others
By Distribution Channel
• Traditional Retailers
• Supermarkets/Hypermarkets
• Online Retail
• Others
Regional Analysis for COVID-19 Outbreak-Global Halal Foods Market:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
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COVID-19 Impact on Global Halal Foods Market
The COVID-19 pandemic has had devastating effects on several industry verticals
globally. To constrain the number of cases and slow the coronavirus spread, various
public health guidelines were implemented in different countries across the globe.
COVID-19 protocols range from declaring national emergency states, enforcing stay-
at-home orders, closing nonessential business operations and schools, banning
public gatherings, imposing curfews, distributing digital passes, and allowing police
to restrict citizen movements within a country, as well as closing international
borders.
We Offer A Sample Report That Includes The Following:
1. Overview, Industry Analysis, and Introduction are all included in the 2022
update report.
2. The package contains the COVID-19 Pandemic Impact Analysis.
3. Provide chapter-by-chapter guidance regarding the Request
4. An Updated Regional Analysis Using a Graphical Representation Of Size,
Share, and Trends For The Year 2022
5. Tables & Figures have been updated
6. The latest version of this report includes the Top Market Participants, their
Business Strategies, SWOT Analysis, and Historical Growth.
7. Facts, Factors, Research Methodology
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Table Of Content: -
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Product Type
3.2 By Distribution Channel
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
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4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Halal Foods Market by Product Type
5.1 Halal Foods Market Overview Snapshot and Growth Engine
5.2 Halal Foods Market Overview
5.3 Meat
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Meat: Grographic Segmentation
5.4 Poultry & Seafood
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Poultry & Seafood: Grographic Segmentation
5.5 Dairy Products
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Dairy Products: Grographic Segmentation
5.6 Fruits & Vegetables
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2016-2028F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Fruits & Vegetables: Grographic Segmentation
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Chapter 6: Halal Foods Market by Distribution Channel
To Be Continued…
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This research study involved the extensive usage of both primary and secondary data
sources. The research process involved the study of various factors affecting the
industry, including the government policy, market environment, competitive
landscape, historical data, present trends in the market, technological innovation,
upcoming technologies and the technical progress in related industry, and market
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risks, opportunities, market barriers and challenges. The following illustrative figure
shows the market research methodology applied in this report.
Top-down and bottom-up approaches are used to validate the global market size
market and estimate the market size for Company, regions segments, product
segments and Application (end users).