Global Industry Outlook, Size ($3,907.7

Halal Food Market Report 2022-2027

Halal Food Market Outlook:

IMARC Group’s latest report, titled “Halal Food Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which includes information on the global halal food market. The report also includes competitor and regional analysis, as well as contemporary market advancements.

The global halal food market reached a value of US$1,978 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$3,907.7 billion by 2027, posting a CAGR of 11.24% over the period 2022-2027.

Halal foods represent food and drink products that are strictly manufactured following the standards prescribed by Islamic dietary law. Under these regulations, many items, including blood, alcohol, found dead animals, pork and its by-products, etc., are considered prohibited for consumption. Halal food products are packaged, stored and transported in containers that have been cleaned in accordance with prescribed religious guidelines. They include various processed products, such as halal foie gras, pizzas, nuggets, spring rolls, lasagna, etc.

We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

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Halal Food Market Trends:

The expansion of the Muslim population across the countries is mainly driving the Halal food market. In this light, inflation in consumer disposable incomes and growing use of meat products are also catalyzing the growth of the market. Moreover, major manufacturers are introducing several value-added food products such as cookies, burgers, hot dogs, etc., which provide varied tastes to individuals, which, in turn, acts as another factor. significant growth.

Moreover, the growing number of e-commerce and online grocery platforms that provide easy payment options on various halal certified food products are positively influencing the global market. Apart from this, the rising popularity of the products among non-Muslim consumers, owing to the growing need to ensure food safety and hygiene, is expected to fuel the halal food market over the forecast period.

Explore the full report with table of contents and list of figures:

Competitive Landscape:

By IMARC Group, the report has also analyzed the competitive landscape of the market, with some of the major Halal food manufacturing companies being

Some of these key players include:

• QL Foods
• Al Islami Foods
• Dagang Halal
• Saffron Road Food
• Kawan Foods
• Meat from Janan
• Prima Agri-Products
• Cargill
• Nestle
• Tahira food
• Al-Falah Halal Foods

Key Market Segmentation:

Breakdown by product:

• Meat, poultry and seafood
• Fruits and vegetables
• Dairy products
• Cereals and grains
• Oil, fats and waxes
• Confectionery
• Others

Breakdown by distribution channel:

• Traditional retailers
• Supermarkets and hypermarkets
• On line
• Others

Breakdown by region:

• North America (United States, Canada)
• Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, others)

Main highlights of the report:

• Market performance (2016-2021)
• Market Outlook (2022-2027)
• Impact of COVID-19 on the market
• Porter’s five forces analysis
• Historical, current and future market trends
• Market drivers and success factors
• SWOT analysis
• Market structure
• Value chain analysis
• Complete mapping of the competitive landscape

Table of Content of Halal Food Market Research Report:

• Preface
• Scope and methodology
• Summary
• Introduction
• Global market
• SWOT analysis
• Value chain analysis
• Price analysis
• Competitive landscape

Also Read – Leading Halal Food Manufacturing Companies:

Note: If you need specific information that is not currently covered by the report, we can provide it to you as part of the customization.

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The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

This press release was published on openPR.

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