Halal Food Market Size & Analysis – Forecasts To 2025

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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Halal Food Market
Halal Food Market Insights The global halal food
market is expected to grow at a CAGR of more than
18 by 2025. This growth is primarily attributed
to increase in the Muslim population, especially
in countries such as India and Indonesia. The
increasing awareness about the health and hygiene
benefits associated with it is likely to
increase acceptance level and the demand for
halal foods amongst both Muslims and non-
Muslims community. Halal-certified foods warrant
hygiene cleanliness and the halal label further
assures that the food is safe to consume. These
factors are expected to drive the overall market
over the coming years. The state of the Global
Islamic Economy projected that the Muslim
consumer spending across halal food lifestyle
is going to increase significantly by 2025.
Regional Analysis (2016 vs 2025)
USD Million
North America
Europe
Asia Pacific Middle East Centra Africa South
America
2016 2025
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GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
Halal Food Market Product Insights The global
halal food market is segmented into Meat
Alternatives, Milk Milk Products, Fruits
Vegetables, and Grain Products amongst others.
The meat, poultry, and seafood segment recorded
the largest market share in 2016. Factors such as
lack of animal blood that contains toxins and
bacteria are anticipated to fuel the growth of
this market segment over coming years. Moreover,
the rising purchasing parity of consumers,
particularly in Muslim countries along with the
growing preference for pre-cooked and convenient
foods are further likely to contribute to the
overall market growth. Halal Food Market
Application Insights Based on applications, the
halal food market is segmented into Processed
Food Beverages, Bakery Products, and
Confectionary. Processed food beverages segment
accounted for the majority share in 2016. The
growth of this segment is influenced by growing
demand for halal food coupled with increasing
acceptance of pre-cooked items. Bakery products
segment is also likely to grow over the coming
years owing to increasing demand for ready to eat
and packaged products. Halal Food Market
Regional Insights Asia Pacific accounted for the
largest revenue share in the global market in
2016, owing to the fact that it accounts for the
largest Muslim population across the world.
Countries such as Bangladesh, Myanmar,
Indonesia, Pakistan, India, and Morocco account
for the largest Muslim residents all over the
world. Hence, to cater to the demand of these
residents, the market in Asia Pacific has
increased to a substantial extent. Europe is
likely to dominate the market on account of the
prevailing Muslim population. Markets in
countries such as France and Britain have led to
a significant rise in 2016 attributing to
increasing sale of these products from leading
supermarket chains. The market in North America
is also anticipated to grow at a sluggish rate
over the forecast period. Middle East and Africa
provides immense potential opportunities for
importers, and has proven to be another growing
halal food consumer region. The growing
population and increasing consumer awareness
towards Islamic lifestyle food particularly in
the Middle East is projected to drive the
overall market for halal foods. Halal Food
Market End-Use Landscape The end-use landscape
includes a list of current and prospective
consumers prevailing across the regions. This
section provides company addresses, contact
details, products, and regional presence
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GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS of
companies who are purchasing or are likely to
purchase products from the global halal
food market. The major consumers of the product
are Walmart and Tesco amongst others.
Market Share Analysis (2017) Company
A Company B Company C Company D Others
Halal Food Market Competitive Landscape The
industry is highly competitive in nature due to
the presence of both local and international
vendors. Some of the key players profiled in the
market include Nestlé, Kellogg, Glanbia Cheese
Ltd, Guenther Bakeries UK Ltd, Kelloggs Supply
Services (Europe) Ltd, Royal Unibrew A/S, and
Coco Cola amongst others.
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• GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
• The report segments the Halal Food Market on the
  basis of By Product
• Milk Milk Products
• Meat Alternatives
• Fruits Vegetables
• Grain Products
• others
• By Application
• Processed Food Beverages
• Bakery Products
• Confectionary
• By Region
• North America