Title: Halal Market Size and Forecast, 2014 to 2024
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Halal Market Share, Size, Analysis, Growth,
Regional Outlook, Strategies, Trends and
Forecasts to 2024 Hexa Research
"Halal Market Size to Reach USD 12.14 Trillion by
2024"
The global Halal Market size was valued at
USD 5.73 trillion in 2016 and is expected
to grow on account of rising Muslim
population and increasing availability of
these products services. Increasing spending
on Halal products services by consumers
besides Muslims is expected to trigger the
growth of the market over the forecast
period.
The Islamic finance sector has witnessed
tremendous growth over the past few years
with the emergence of crowd funding
platforms including Human Crescent.
Lack of awareness has resulted in an
enormous opportunity for products services
offered by this segment. The segment is
likely to grow at a CAGR of 10.5 from 2017 to
2024.
Speedy growth of economies in the Middle
East and South-East Asia are expected to
augment the growth of the market owing to the
presence of large Muslim population. These
economies are likely to emerge as
popular destinations for food and fashion.
The Middle East halal market is expected to
witness a double -digit growth generating
revenues worth USD 6.53 trillion by 2024.
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The demand for qualified halal products
among non-Muslim customers has been on
the upsurge as more consumers are looking
for high superiority, safe and righteous
products. Non-Muslim consumers in Asia
Pacific are likely to play a vital role in
driving the regional market making it the
second largest marketplace after the Middle
East, contributing to 30.9 of the global
revenues by 2024.
The Islamic economy is being driven primarily
by the increasing youth population with high
disposable incomes. These factors are likely
to drive various segments of the halal
market including fashion, food, finance,
travel, and media recreation. Moreover,
increasing availability of these products
services is expe cted to fuel the growth of
the market over the projected period.
Keeping in mind the growth of the global
halal industry, several food companies
including KFC and Nestle are offering halal
products to their Muslim consumers. The
emergence of Islamic finan ce institutions
offering finance and banking assets are
expected to provide further impetus to
businesses that are focusing on venturing
into the halal industry, thereby resulting in
tremendous growth of the global halal
industry over the next few years.
Hexa Research has segmented the global halal
market based on product and region
Segmentation by product, 2014 - 2024 (USD
Billion)
Food Beverages Travel Media
Recreation Finance Fashion Pharmaceutical Cosmetic
s
Segmentation by region, 2014 - 2024 (USD
Billion)
Americas U.S.
Europe
Turkey Russia
Asia Pacific
Indonesia India
Middle East
Saudi Arabia Iran
Africa
Key players analysed
Diana Kotb INAYAH Al-Rajhi Bank
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Al-Salam Bank
MMA Bio Lab Sdn Bhd Ivy Beauty Corporation Sdn
Bhd Nema Food Company Midamar Chemical Company
of Malaysia Berhad (CCM Pharmaceuticals Sdn
Bhd) Pharmaniaga Bhd
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Table of Content of Halal Market Chapter 1.
Market Summary
1.1.
Market trends movement
Chapter 2. Global Halal Market Drivers
Opportunities
2.1. 2.2. 2.3. 2.4. 2.5. 2.6. 2.7.
Introduction
Key industry trends Market drivers
Market restraints Value chain analysis Porter's
Five Forces analysis SWOT
Chapter 3. Global Halal Market Trends, By
Product
3.1. 3.2.
Global halal market movement, by product,
2016 2025 Food Beverages Market estimates
and forecast, 2014 - 2024 (USD Billion)
3.2.1.
3.3.
Finance
3.3.1.
Market estimates and forecast, 2014 - 2024
(USD Billion)
3.4.
Media Recreation
3.4.1.
Market estimates and forecast, 2014 - 2024
(USD Billion)
3.5.
Tourism
3.5.1.
Market estimates and forecast, 2014 - 2024
(USD Billion)
3.6.
Cosmetics
3.6.1.
Market estimates and forecast, 2014 - 2024
(USD Billion)
3.7.
Pharmaceutical
3.7.1.
Market estimates and forecast, 2014 - 2024
(USD Billion)
3.8.
Fashion
3.8.1. Market estimates and forecast, 2014 -
2024 (USD Billion) Chapter 4. Global Halal
Market Trends, By Region
4.1. 4.2.
Global halal market movement, by region, 2016
2025 Asia Pacific
4.2.1.
Market estimates and forecast, 2014 - 2024
(USD Billion)
4.2.2.
Market estimates and forecast, by product,
2014 - 2024 (USD Billion)
4.3.
Middle East Market estimates and forecast,
(2016 2024) (USD Billion)
4.3.1.
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4.3.2.
Market estimates and forecast, by product,
2014 - 2024 (USD Billion)
4.4.
Europe
4.4.1. 4.4.2.
Market estimates and forecast, 2014 - 2024
(USD Billion)
Market estimates and forecast, by product,
2014 - 2024 (USD Billion)
4.5.
Americas
4.5.1. 4.5.2.
Market estimates and forecast, 2014 - 2024
(USD Billion)
Market estimates and forecast, by product,
2014 - 2024 (USD Billion)
4.6.
Africa
4.6.1. 4.6.2.
Market estimates and forecast, 2014 - 2024
(USD Billion)
Market estimates and forecast, by product,
2014 - 2024 (USD Billion)
Chapter 5. Key Country Markets
5.1.
Indonesia
5.1.1.
Market estimates and forecast, 2014 - 2024
(USD Billion)
5.1.2.
Market estimates and forecast, by product,
2014 - 2024 (USD Billion)
5.2.
India
5.2.1. 5.2.2.
Market estimates and forecast, 2014 - 2024
(USD Billion)
Market estimates and forecast, by product,
2014 - 2024 (USD Billion)
5.3.
Russia
5.3.1. 5.3.2.
Market estimates and forecast, 2014 - 2024
(USD Billion)
Market estimates and forecast, by product,
2014 - 2024 (USD Billion)
5.4.
Turkey
5.4.1. 5.4.2.
Market estimates and forecast, 2014 - 2024
(USD Billion)
Market estimates and forecast, by product,
2014 - 2024 (USD Billion)
5.5.
U.S. 5.5.1. 5.5.2.
Market estimates and forecast, 2014 - 2024
(USD Billion)
Market estimates and forecast, by product,
2014 - 2024 (USD Billion)
5.6.
Saudi Arabia
5.6.1. 5.6.2.
Market estimates and forecast, 2014 - 2024
(USD Billion)
Market estimates and forecast, by product,
2014 - 2024 (USD Billion)
5.7.
Iran 5.7.1. 5.7.2.
Market estimates and forecast, 2014 - 2024
(USD Billion)
Market estimates and forecast, by product,
2014 - 2024 (USD Billion)
Chapter 6. Competitive Landscape
6.1. 6.2. 6.3.
Competitive landscape analysis, 2016
Strategic framework
Potential customer base concentration
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6.4. 6.5.
Company market positioning Company
profiles Diana Kotb
6.5.1.
6.5.1.1.
Company Overview Product Benchmarking Financial
Performance Recent Initiatives
6.5.1.2. 6.5.1.3. 6.5.1.4.
6.5.2.
INAYAH
6.5.2.1. 6.5.2.2. 6.5.2.3. 6.5.2.4.
Company Overview Product Benchmarking Financial
Performance Recent Initiatives
6.5.3.
Al-Rajhi Bank
6.5.3.1. 6.5.3.2. 6.5.3.3. 6.5.3.4.
Company Overview Product Benchmarking Financial
Performance Recent Initiatives
6.5.4.
Al-Salam Bank
6.5.4.1. 6.5.4.2. 6.5.4.3. 6.5.4.4.
Company Overview Product Benchmarking Financial
Performance Recent Initiatives
6.5.5.
MMA Bio Lab Sdn Bhd
6.5.5.1.
Company Overview Product Benchmarking Financial
Performance Recent Initiatives
6.5.5.2.
6.5.5.3. 6.5.5.4.
6.5.6.
Ivy Beauty Corporation Sdn Bhd
6.5.6.1.
Company Overview Product Benchmarking Financial
Performance Recent Initiatives
6.5.6.2.
6.5.6.3. 6.5.6.4.
6.5.7.
Nema Food Company
6.5.7.1.
Company Overview
6.5.7.2.
Product Benchmarking Financial Performance
6.5.7.3.
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6.5.7.4.
Recent Initiatives
6.5.8.
Midamar
6.5.8.1. 6.5.8.2. 6.5.8.3. 6.5.8.4.
Company Overview Product Benchmarking Financial
Performance Recent Initiatives
6.5.9.
Chemical Company of Malaysia Berhad (CCM
Pharmaceuticals Sdn Bhd)
6.5.9.1.
Company Overview Product Benchmarking Financial
Performance Recent Initiatives
6.5.9.2.
6.5.9.3. 6.5.9.4.
6.5.10.
Pharmaniaga Bhd
6.5.10.1.
Company Overview Product Benchmarking Financial
Performance Recent Initiatives
6.5.10.2.
6.5.10.3. 6.5.10.4.
6.5.11. List of other vendors Chapter 7.
Methodology and Scope
7.1. 7.2. 7.3.
Research methodology Research Scope
Assumptions List of data sources
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About Us
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reports, custom research and consulting
services to a host of key industries
across the globe. We offer comprehensive
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