A Deep Analysis of Current and Future Investments in Halal food Market

1. Halal food Market - Global Industry Analysis, Size, Share, Growth, Trends, And Forecast To 2025 Halal is a considered as a benchmark for quality, safety, and lifestyle choice accepted by non- Muslim and Muslim consumers globally. Halal food refers to lawful or permissible food and drinks prepared under strictly Islamic dietary laws. Halal food market has displayed a general conception holding the concept of clean, healthier, and fresh food production & services. The Muslim population is the fastest growing religion and is second largest population globally. It is estimated that by 2030, around 26.4% of the global population will be Muslims. Therefore, the product with businesses certifed complying the Islamic requirements is expected to boost the product attractiveness in this consumer group. Get PDF with Technological trends at https://www.xpodenceresearch.com/Request- Sample/105834 Increasing awareness in Muslim & non-Muslim consumers about halal food products has led to the resilient opportunities for a substantially rapid growth of halal food industry over the forecast period. Increasing consciousness about health and nutrition has shift the preferences towards organic food produced without using synthetic pesticides or any other non-natural chemicals. The ethnic and religious diversity in North America and Europe region has encouraged the halal food business to prepare products suitable for various groups such as the Chinese, Japanese, Italian, Indian, Mexican, Seventh Day Adventist, vegetarian, Jewish, and Muslim. Halal food market has represented signifcant opportunities for nutraceutical, food & beverage and pharmaceutical companies with the increasing Muslim population. The halal food reassures the product is safe & clean for consumption and is prepared with a hygienic custom.. Moreover, food quality is sustained in halal-certifed foodstuus as halal-certifed foods guarantees for sanitization & cleanliness which further drives the demand for halal foods among non-Muslin population as well. Furthermore, changing consumer perceptions regarding the halal food has provided signifcant growth opportunities to the industry over the forecast period. The government in Islamic and non-Islamic countries with halal-certifed food manufacturers have taken various initiatives from market campaigns and customers generating awareness about halal food products. . Moreover, rising consciousness for procedures of animal slaughtering has an optimistic infuence on the market. For example, from 2033, the Netherland government has requested European Commission (EC) to attach a sticky label on all non-stunned halal products. As per the government policies, transparency in the slaughter process should be employed to keep the religious unharmed. Obtain Report Details with technological advancement at https://www.xpodenceresearch.com/Reports/Halal-Food-Market Other factors including short preparation time for halal food and ease of cooking have improved the segment demand, specifcally in the children, teenagers, and working class. Although, persistent confusing environment for establishing international halal standards is considered to

2. be the major constraint of the market. Furthermore, the primary concern for the manufacturers is to defne the specifc standard for accessing the target market. These companies constantly update the various certifcations for optimizing the trade process and harmonizing the standards. The global halal food market has been segmented based on product, distribution channel and end users. On the basis of products, the halal food market is segregated as meat & alternatives, fruits & vegetables, grain products, milk & milk products, and other halal food & beverage products. Based on distribution, the market is divided as traditional retailers, supermarkets & hypermarkets, and others. End-user segment is bifurcated as retail and food services. Asia Pacifc region is anticipated to be the largest market in terms of revenue generation owing to largest Muslim population in the world. More than 65% of the global Muslim population belongs to this region. Indonesia, India, Pakistan, Myanmar, Bangladesh, and Morocco are few of the Asia Pacifc nations with the major Muslim population globally. Henceforth, nourishing the massive community in Asia Pacifc has led to the signifcant growth of the halal food market. Middle East and African nations are also sheltering over 327 million Muslims and are increasing potential opportunities for importers in the industry. The increasing population and growing consumer awareness towards Islamic lifestyle especially in the Middle East is one of the key factors driving the sector growth. The global halal food sector is fragmented market with companies such as Kellogg, Nestlé, Glanbia Cheese Ltd, Coco Cola Ltd., Guenther Bakeries UK Ltd, Kellogg’s Supply Services Ltd, Guenther Bakeries UK Ltd, and Royal Unibrew A/S functioning from diuerent regions. Nestlé exclusively establish around 35% of the global revenue. The lack of international certifcation and standards variation in diuerent regions is a major challenge confronted by the market players. Furthermore, new product developments and marketing strategies are less prioritized in the industry. About Us: Xpodence Research have the most extensive collection of market research reports of many categories. Xpodence Research provides the best market research solution for every industry by publishing the best possible results of great market research frms worldwide. For every particular problem, there’s a particular solution, so according to the customer needs, we provide the best possible results to them from diuerent market research organization, whether it’s a Custom Research or Syndicated Research reports because the product that wins is the one that bridges customers to the future, not the one that requires a giant leap. Every organization, whether it is related to Pharmaceuticals, Technology, Eatables, Consumable Goods and many more demands a market research results so that they can take important decisions for more productivity and better output in this swift world. Xpodence Research gives the best possible outcome, perfect forecast, analysis and insights of market research in the form of report which is benefcial for various organizations and also to the manufacturing companies in taking the best decisions for quality production. Contact Us: Xpodence Research 244, Madison Avenue New York City, NY - 30036 United States Toll Free +3- 844-445-2863 Email: sales@xpodenceresearch.com