Global MENA Halal Food Market 2020 Industry Outlook, Business Strategies and COVID-19 Impact Analysis 2027

Halal, in Arabic language, stands for lawful or permissible. Due to unclean food processing & packaging methods, food might get contaminated with bacteria or pathogens. Halal foods are manufactured with stringent halal regulations, which do not allow any haram (unlawful or unsuitable) ingredients to be mixed with the main product. Therefore, halal food products are gaining popularity among consumers, as they offer excellent advantages over most of the conventional food products.

According to a study by Coherent Market Insights, the MENA halal food market was valued at US$ 133.9 billion in 2017 and is expected to witness a CAGR of 10.4%, in terms of revenue, during the forecast period from 2018 to 2025, to reach US$ 291.3 billion by 2025.

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Top Players In MENA Halal Food Market Industry:Cargill Inc., Al Islami Foods, BRF, Agthia, Fine Foods, Rhodes Food Group Holdings Ltd, Global Food Industries, LLC, and Alpha Fine Foods.

The  MENA Halal Food Market report includes MENA Halal Food Market Size, CAGR, MENA Halal Food Market Share, Revenue, Gross Margin, Value, Volume and other key market figures that give an accurate picture of the growth of the market. The report centers around the arising patterns in the worldwide and provincial spaces on all the huge segments, for example, market limit, cost, value, request and supply, creation, benefit, and serious scene.

Detailed Segmentation:
• MENA Halal Food Market, By Product Type:
◦ Dairy Products
◦ Meat Products
◦ Grain Products
◦ Vegan Products
◦ Others
• MENA Halal Food Market, By Distribution Channel:
◦ Hypermarkets
◦ Supermarkets
◦ Specialty Stores
◦ Online Channel
◦ Convenience Stores
◦ Others

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Market Outlook
Increasing focus on developing halal food infrastructure (product manufacturing, product testing facilities) and favorable government initiatives to promote halal food products in MENA region is projected to fuel growth of the MENA halal food market over the forecast period. Among product type, meat products segment accounted for highest market share in 2017. Owing to increasing consumption of meat, the segment is projected to retain its dominance over the forecast period. Middle East accounted for the largest share in 2016 and is expected to retain its dominance over the forecast period. This is mainly due to large presence of manufacturers of halal food products in the region.

Thinking One Step Ahead
In today’s competitive world you need to think one step ahead to pursue your competitors, our research offers reviews about key players, major collaborations, union & acquisitions along with trending innovation and business policies to present a better understanding to drive the business in the correct direction.
In conclusion, the MENA Halal Food Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and Porter’s Five analysis are also incorporated in the report.

Key Questions Answered by the Report
• What impact does COVID-19 have made on MENA Halal Food Market Growth & Sizing?
• Which are the top players of the MENA Halal Food Market? What are their individual shares?
• How will the MENA Halal Food Market perform in the coming years? What is its current status?
• What are the key factors driving the MENA Halal Food Market?
• What opportunities will the MENA Halal Food Market provide in the future?
• Which product/application will secure the lion’s share of the MENA Halal Food Market?
• What is the structure of the MENA Halal Food Market?

Research Methodology
Coherent Market Insights follows a comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
• Primary Research (Trade Surveys and Experts Interviews)
• Desk Research
• Proprietor Data Analytics Model

Contact Us:
Name: Mr. Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

This release was published on openPR.