Halal Food Market is projected to grow at a CAGR of 5.94% to reach US$2,047.163 billion by 2025 from US$1,448.094 billion in 2019
The halal food market is projected to show decent growth during the next five years majorly on account of the rising demand for halal food across the various countries of the globe as a shifting preference of many consumers towards the consumption of halal food. Also, the diverse tastes and presence of a considerable share of the muslim population in many countries is also driving the halal food market growth throughout the forecast period. Additionally, the rising disposable income and the growing middle-class population along with improved standards of living in many developing economies is also augmenting the consumption of halal food and thereby positively impacting the market growth during the next five years.
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The recent study on the halal food market covers an in-depth analysis of the market on the basis of product type, distribution channel,and geography. The report also covers the country-level analysis within the regions as well. Additionally, the report covers the key trends in the market along with drivers and restraint during the forecast period 2020-2025. According to the report titled “Halal Food Market – Forecast from 2020 to 2025”, the market is estimated to grow at a steady rate during the forecast period. The report has segmented the automotive engine oil market by product type (meat, poultry and seafood),by distribution channel (online and offline) and by geography such as North America (United States, Canada, Mexico), South America(Brazil, Argentina,Others), Europe (Germany, France, UK, Spain, and others), Middle East and Africa (Saudi Arabia, Israel, and UAE, Others) and Asia Pacific (Japan,China, India, South Korea, and others).
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and efficient understanding of the halal food market.
Major industry players profiled as part of the report areCargill Incorporated, Unilever, American Foods Group Plc, and Halal Fine Foods among others.
The halal food market has been analyzed through the following segments:
By Product Type
• Meat, Poultry & Seafood
• Dairy Products
By Distribution Channel
• United Kingdom
Middle East and Africa
• Saudi Arabia
• South Korea
Unique reasons to buy halal food market report-
1. In-depth analysis with sufficient data points and references included.
2. Best possible insights in addition to detailed analysis on drivers and restraints.
3. Comparison between the market players and in-depth analysis of their strategies through competitive benchmarking.
4. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments.
Scope of Research of halal food market
1. The forecast period is from 2020 to 2025 with 2019 as the base year.
2. Leading industry trends and regulations, key business opportunities, drivers and restraints at the global and regional level
3. Strategies of the key players in analyzing the competitive benchmarking is provided in the report
4. Corporate profiles of leading players along with their financial profiles across regions and industry verticals can be provided on customization requests.
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