Halal Market

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.

Halal Market contains market size and forecasts of Halal in global, including the following market information:

Global Halal Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Halal Market Sales, 2017-2022, 2023-2028, (K MT)

Global top five Halal companies in 2021 (%)

The global Halal market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Fresh Products Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Halal include Tsaritsyno, Halal-ash, Ekol, Simons, Crown Chicken (Cranswick), Shaheen Foods, Euro Foods Group, Eggelbusch and Cleone Foods, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Halal 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 Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Halal Market Segment Percentages, by Type, 2021 (%)

Fresh Products

Frozen Salty Products

Processed Products

Cereal and Cereal Product

Others

Global Halal Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Halal Market Segment Percentages, by Application, 2021 (%)

Restaurant

Hotel

Home

Others

Global Halal Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Halal Market Segment Percentages, By Region and Country, 2021 (%)

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 revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Halal revenues share in global market, 2021 (%)

Key companies Halal sales in global market, 2017-2022 (Estimated), (K MT)

Key companies Halal sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Tsaritsyno

Halal-ash

Ekol

Simons

Crown Chicken (Cranswick)

Shaheen Foods

Euro Foods Group

Eggelbusch

Cleone Foods

Reinert Group

Pure Ingredients

Reghalal

Tariq Halal

Casino

Tesco plc

Tahira Foods Ltd

Isla Delice

Nestl? SA

Carrefour SA