The Arabic word for ?permitted.? Halal is commonly seen as ?Halal? which means food that is permitted under Islamic guidelines as found in the Qu?ran Most food and drinks are considered Halal unless they are clearly stated as forbidden in the Qur?an (holy book of Islam) and hadith (prophetic traditions).
The halal industry is based on a belief that Muslims should eat food and use goods such as cosmetics that are "halalan toyibban", which means permissible and wholesome. In fact, the halal market is non-exclusive to Muslims, and has gained increasing acceptance among non- Muslim consumers who associate halal with ethical consumerism.
Actually, the halal industry has now expanded beyond the food sector to include pharmaceuticals, cosmetics, health products, toiletries and medical devices as well as service sector components such as logistics, marketing, print and electronic media, packaging, branding, and financing. In addition, the halal food marketplace is emerging as one of the most profitable and influential market arenas in the world food business today.
This report aims to provide a comprehensive presentation of the global market for Halal Food, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Halal Food. This report contains market size and forecasts of Halal Food in global, including the following market information:
- Global Halal Food Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Halal Food Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Halal Food companies in 2022 (%)
The global Halal Food market was valued at US$ 1496420 million in 2022 and is projected to reach US$ 1984500 million by 2029, at a CAGR of 4.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global Halal Food market include Nestle, Allanasons Pvt, BRF, Midamar, etc., and the market concentration rate is low, the top 3 players occupy about 1% shares of the global market. East Asia and Middle East & North Africa are main markets, they occupy about 55% of the global market. Fresh Products is the main type, with a share about 45%. Restaurant and Home are the main applications.
We surveyed the Halal Food manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Halal Food Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Halal Food Market Segment Percentages, by Type, 2022 (%)
- Fresh Products
- Frozen Salty Products
- Processed Products
- Others
Global Halal Food Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Halal Food Market Segment Percentages, by Application, 2022 (%)
Restaurant
Global Halal Food Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Halal Food Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Halal Food revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Halal Food revenues share in global market, 2022 (%)
- Key companies Halal Food sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Halal Food sales share in global market, 2022 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- Nestle
- Cargill
- Nema Food Company
- Midamar
- Namet Gida
- Banvit Meat and Poultry
- Carrefour
- Isla Delice
- Casino
- Tesco
- Halal-ash
- Al Islami Foods
- BRF
- Unilever
- Kawan Foods
- QL Foods
- Ramly Food Processing
- China Haoyue Group
- Arman Group
- Hebei Kangyuan Islamic Food
- Tangshan Falide Muslim Food
- Allanasons Pvt
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Halal Food, market overview.
- Chapter 2: Global Halal Food market size in revenue and volume.
- Chapter 3: Detailed analysis of Halal Food manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Halal Food in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Halal Food capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.