openPR Logo
Press release

Halal Products Market, Halal Products Market Trends, Halal Products Market Share, Halal Products Market Forecast, Halal Products Market Size, Halal Products Market Growth, Market Research Reports, Industry Analysis, Syndicated Reports, Research Reports Se

Market Research Reports Search Engin

Market Research Reports Search Engin

The Global Halal Products Market has expanded at a promising pace in the past few years and is expected to embark upon a path of exponential growth in the next few years as well. Rising global population of the Muslim community and rising disposable incomes across some of the world’s prominent Islamic countries are expected to be the key drivers of the market. However, the market is expected to bear the brunt of the lack of transparency with respect to the use of ingredients for the pharmaceutical and personal care products and the absence of a globally uniform halal standard.

Ask Sample PDF of Report at: https://www.mrrse.com/sample/2225

Market Research Reports Search Engine estimates that the global halal products market, which was valued at US$2.70 trillion in 2015, will rise to US$10.51 trillion by 2024, exhibiting a CAGR of 16.2% from 2016 to 2024.

Food and Beverages Industry to Constitute Bulk of Sales

Primarily, food and beverages are considered to be the key varieties of halal products. However, pharmaceutical, personal care products, and other products such as nutraceuticals, bakery, and food supplements also account for significant share of the halal products market. For this study, the halal products market has been examined for product types such as primary meat, processed food and beverages, pharmaceuticals, and cosmetics and personal care.

Of these, the segments of primary meat and processed food and beverages cumulatively accounted for nearly 50% of the market demand in 2015. The segment of processed food and beverages accounted for the dominant share in the global halal products market in 2015. Owing to the rising global demand for processed food, the halal processed food and beverages segment is expected to maintain its steady growth rate during the forecast period as well.

Despite the high growth rate of the processed food and beverages segment, independent halal butchers have an upper hand against their retail counterparts when it comes to customer services and customer trust in the absence of proliferation of modern retail outlets. Owing to this, the primary meat segment is also projected to witness exponential growth, especially in developing and under-developed economies in the next few years.

Thanks to Large Population of Muslims, Halal Products Market in Asia Pacific to Retain Dominance

From a geographic perspective, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Owing to the presence of a large number of certified manufacturers and large Muslim population, the halal products market in Asia Pacific is projected to have a significant positive impact on the overall development of the global halal products market in the near future. From a country-wise outlook, Brazil, the U.S., and India are some of the most significant exporters of halal products.

Read Detailed Index of full Research Study at: https://www.mrrse.com/halal-products-market

The market for halal products in Asia Pacific and Middle East and Africa regions cumulatively accounted for more than 80% of the global market in 2015. Asia Pacific constitutes of four of the top ten countries with the highest Muslim population, namely Indonesia, India, Pakistan and Bangladesh. Asia Pacific alone accounted for 47.74% of the global halal products market in 2015 and is also expected to witness the expansion of the halal products market at the most significant pace over the period between 2016 and 2024.

The halal products market is also expected to witness strong growth in Europe during the forecast period, primarily driven by the growing Muslim population the Western European nations such as Germany, France and U.K. The halal market demand is also anticipated to be augmented by the large Muslim population in Russia and CIS countries.

The key players operating in the halal products market can be distinguished by the end use industry they are catering to. The leading player in the halal products market for the food and beverage segment is Nestle S.A. For halal products for cosmetic and personal care application Unilever is the major player, besides several other notable players. Reckitt Benckiser Group plc is the major player catering halal products to the chemical and materials industry.

Any Query, Ask Our Expert at: https://www.mrrse.com/enquiry/2225

About Market Research Reports Search Engine

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact Us

State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559(USA & CANADA TOLL-FREE NUMBER)
Email: sales@mrrse.com
Website: https://www.mrrse.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Halal Products Market, Halal Products Market Trends, Halal Products Market Share, Halal Products Market Forecast, Halal Products Market Size, Halal Products Market Growth, Market Research Reports, Industry Analysis, Syndicated Reports, Research Reports Se here

News-ID: 1051584 • Views: 138

More Releases from Market Research Reports Search Engine - MRRSE

Global Video Event Data Recorder Market: Industry Analysis and Opportunity Asses …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Video Event Data Recorder Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. To Get Sample Report @ https://www.mrrse.com/sample/2941 The global video event data recorder (VEDR)
Global Octabin Market key Insights Based On Product Type, End-use and Regional D …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Octabin Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Get Sample Report with More Info @ https://www.mrrse.com/sample/16143 Packaging solutions for bulk cargo are gaining fast
Global Ion Beam Technology Market Examines Latest Trends and Key Drivers Support …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled“Global Ion Beam Technology Market”to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Click here – Request Sample Report @ https://www.mrrse.com/sample/3126 Application of ion beam was rarely found
Cash- in Transit Bags Market 2025 | Global Key Players: TruSeal (Pty) Ltd, Harco …
This report on the Global Cash-in Transit Bags Market provides analysis for the period 2015–2025, wherein 2016 is the base year and the period from 2017 to 2025 is the forecast period. Data for 2015 has been included as historical information. The report covers market dynamics including drivers, restraints, opportunities, trends, and policies and regulations which are expected to influence the cash-in transit bags market growth during the said period.

All 5 Releases


More Releases for Engin

Automotive Light Bars Market: Growth Dynamics| by Key Vendors OSRAM Licht AG acq …
Automotive light bars are cost-effective vehicle lights that are substantially fitted in commercial vehicles. Automotive light bars, as considered under the scope of the research, have been mainly categorized on the basis of vehicle type, technology, installation, sales channel, and region/country. Some of the key players active in the global automotive light bars market are HELLA GmbH & Co. KGaA, OSRAM Licht AG, FEDERAL SIGNAL CORPORATION, Truck-Lite Co., LLC, Grote Industries,
LED Displays, Lighting and Fixtures Market Outlook 2018-2025, Types, Application …
The Global LED Displays, Lighting and Fixtures Market report provides information by Top Players, Geography, End users, Applications, Competitor analysis, Sales, Revenue, Price, Gross Margin, Market Share, Import-Export, Trends and Forecast. Initially, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The LED Displays, Lighting and Fixtures market analysis is provided for the international markets including development trends, competitive landscape analysis, and key
Lumileds, Excelitas Technologies Corp., OSRAM, Epistar, Everlight Electronics, I …
North America IR LED market is expected to reach over USD 350 million by 2024 owing to the increasing demands from the surveillance industry. The U.S. has been the major country for adopting advanced surveillance technologies such as artificial intelligence, facial recognition and surveillance automation. The demand for such technologies is increasing across airports, commercial buildings and other public buildings. Surveillance has been integral to the U.S. for law enforcement
Global Digital Substations Market 2026 | Industry Crucial Players - ABB Ltd, Sie …
The digital substations market will continue witnessing promising growth prospects for the period between 2018 and 2026, as per a new report titled “Digital Substations Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026,” added recently to Market Research Reports Search Engine’s (MRRSE) repository. The report foresees the digital substations market to surpass US$ 12,000 Mn in revenues by 2026-end. FREE | Request Sample Copy is Available
Technological Advancements To Drive The Infrared Data Communications Market With …
Infrared (IR) is a wireless mobile technology used for device communication over short ranges. In fact, the Infrared Data Association (IrDA) device communication is usually exchanged on a one-to-one basis. Thus, data transmitted between IrDA devices are normally not encrypted. Basically, infrared data communication Market is a mode of communication that plays an important role in wireless data communication. It equips the use of laptop, computers, wireless data communication, and other digital
GLOBAL TUMBLE MIXERS MARKET 2018 by Strategy of Leading Vendors - ENGIN PLAST, I …
Press Release - 29 June 2018 Research and Development News -- . . Latest Update "Global Tumble Mixers Market Professional Survey Report 2018" with Industries Survey | Global Current Growth and Future. ' ' - This report studies the global Tumble Mixers market status and forecast, categorizes the global Tumble Mixers market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan,