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Market Survey: Global Halal Food Market is growing at a CAGR of 4.3% from 2018

01-24-2019 06:36 AM CET | Health & Medicine

Press release from: Halal Food Market

Market Survey: Global Halal Food Market is growing at a CAGR

Qyresearchreports include new market research report Global Halal Food Market Insights,Forecast to 2025 to its huge collection of research reports.

This report studies the global market size of Halal Food in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Halal Food in these regions.

This research report categorizes the global Halal Food market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.

The Arabic word for permitted. Halal is commonly seen as Halal which means food that is permitted under Islamic guidelines as found in the Quran Most food and drinks are considered Halal unless they are clearly stated as forbidden in the Quran (holy book of Islam) and hadith (prophetic traditions).

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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.

In consumption market, the global consumption value of halal food increases with the 8.14% average growth rate. East Asia and Middle East & North Africa are the mainly consumption regions due to the bigger demand of downstream applications. In 2015, these two regions occupied 56.83% of the global consumption volume in total.

Halal food has mainly three types, which include fresh products, frozen salty products, processed products and others. With large number of Islam population and economy development, the consumers will need more halal food products. So, halal food has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce high purity and good taste halal food through improving technology.

The major raw materials for halal food are fresh meat, food seasoning, packing materials and other additives. Fluctuations in the price of the upstream product will impact on the production cost of halal food, and then impact the price of halal food. The production cost of halal food is also an important factor which could impact the price of halal food. The halal food manufacturers are trying to reduce production cost by developing production method.

In 2017, the global Halal Food market size was 1140 million US$ and is forecast to 1590 million US in 2025, growing at a CAGR of 4.3% from 2018. The objectives of this study are to define, segment, and project the size of the Halal Food market based on company, product type, application and key regions.

Browse full table of contents @ https://www.qyresearchreports.com/report/global-halal-food-market-insightsforecast-to-2025.htm/toc

The various contributors involved in the value chain of Halal Food include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Halal Food 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

Market Size Split by Type
Fresh Products
Frozen Salty Products
Processed Products
Others

Market Size Split by Application
Restaurant
Hotel
Home
Others

The study objectives of this report are:
To study and analyze the global Halal Food market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Halal Food market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Halal Food manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Halal Food with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Halal Food submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Access the full Report @ https://www.qyresearchreports.com/report/global-halal-food-market-insightsforecast-to-2025.htm

This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Halal Food market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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