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

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

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

Global top five Halal Food companies in 2021 (%)

The global Halal Food market was valued at 1496420 million in 2021 and is projected to reach US$ 1984500 million by 2028, at a CAGR of 4.1% 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 Food include Nestle, Cargill, Nema Food Company, Midamar, Namet Gida, Banvit Meat and Poultry, Carrefour, Isla Delice and Casino, 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 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, 2017-2022, 2023-2028 ($ Millions) & (K MT)

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

Fresh Products

Frozen Salty Products

Processed Products

Others

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

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

Restaurant

Hotel

Home

Others

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

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

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

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

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

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