Halal Food Market: Industry Trends, Growth, Share, Size, Demand By Region and Forecast Till 2023

1. Halal Food Market Report | Industry Trends and Forecast by 2023 Copyright © IMARC Service Pvt Ltd. All Rights Reserved

2. About IMARC Group Report Description IMARC is a leading advisor on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Halal Food Market Report By Product (Meat, Poultry & Seafood, Fruits & Vegetables, ODairy Products, Cereals & Grains, Oil, Fats & Waxes, Confectionery and Others), Distribution Channel (Traditional Retailers, Supermarkets & Hypermarkets, Online and Others), Region The global halal food market has witnessed a substantial growth over the past several years on account of the favorable initiatives undertaken by various governments along with the introduction of diverse range of halal certified food products. Market Overview: The latest report published by IMARC Group, titled "Halal Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global halal food market reached a value of US$ 1.4 Trillion in 2017. Halal foods refer to food products which meet the dietary guidelines provided by the Sharia law. They are free from prohibited ingredients such as alcohol, pork and its by-products, etc. and are made and stored in utensils which have been cleansed according to the prescribed guidelines. Although the concept of halal has been underlined particularly for the Muslim community, with rising concerns regarding the cleanliness, hygiene, and quality of the food consumed, halal food is becoming popular with the non-Muslim consumers as well. In particular, the demand for halal certified food products has gained momentum amongst the health-conscious consumers owing to the numerous health benefits associated with them.

4. Report Description and Highlights Report Description • Global Halal Food Market Trends: • On account of the growing demand for halal food, manufactures have widened their product portfolio by introducing several value-added food items, such as canned and frozen foods, organic foods, confectionary, dairy produce, beverages, and bakery and herbal products. Moreover, initiatives taken by the governments of various Islamic and non-Islamic nations for marketing and educating the consumers about the advantages of consuming halal certified food products is stimulating the growth of the market across the globe. For instance, the creation of Organization of Islamic Cooperation (OIC) has been greatly successful in building trust and creating awareness among the consumers as well as in setting an international standard for halal food products. On account of these factors, the market is projected to reach a value of US$ 2.6 Trillion by 2023, expanding at a CAGR of more than 11% during 2018-2023. • Halal Food Market Segmentation: • Market Segmentation by Product • Meat, Poultry & Seafood • Fruits & Vegetables • For more information, click here: https://www.imarcgroup.com/halal-food-market

5. Market Forecast Sample Figure: Global: Halal Food Market Forecast: Sales Value (in Billion US$), 2018-2023

6. Market Segmentation Report Description • Dairy Products • Cereals & Grains • Oil, Fats & Waxes • Confectionery • Others • Based on product, the market has been segmented into meat, poultry and seafood; fruits and vegetables; dairy products, cereals and grains; oil, fats and waxes; and confectionery. Currently, meat, poultry and seafood represent the most popular halal food products consumed across the globe. • Market Segmentation by Region • North America • Europe • Asia Pacific • Latin America • Middle East and Africa • Region-wise, Asia-Pacific enjoys the leading position in the global halal food market, accounting for the majority of the total market share. Asia Pacific is followed by the Middle East and Africa, Europe, North America and Latin America.

7. Regional Segmentation North America Europe Asia- Pacific Middle East and Africa Latin America

8. Market Segmentation Report Description • Market Segmentation by Distribution Channel • Traditional Retailers • Supermarkets & Hypermarkets • Online • Others • On the basis of distribution channel, traditional retailers dominate the market, holding the largest share. Other major distribution channels include supermarkets and hypermarkets, and online. • Competitive Landscape: • The competitive landscape of the market has also been examined with some of the key players. • Al Islami Foods • QL Foods • Saffron Road Food • Dagang Halal • Request for a sample report: https://www.imarcgroup.com/request?type=report&id=952&flag=B

9. Market Segmentation Report Description • Janan Meat • Kawan Foods • Cargill • Prima Agri-Products • Nestle • BRF • Al-Falah Halal Foods • Tahira Food • In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

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12. Partial List of Clients • We are the trusted business partners to the world's leading corporates, governments, and institutions A partial List of our Clients

13. Report Description and Highlights Report Description © 2018 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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