Halal Logistics Market Astonishing Growth in 2020 with top key players - Nippon Express, TIBA, YUSEN LOGISTICS CO., LTD, TASCO Berhad, Kontena Nasional Berhad

Halal Logistics Market Outlook 2028 -

Logistics refers to movement of goods and information between recipient and provider. Logistics includes warehousing and transportation, which are undertaken by logistics providers to achieve efficient and effective delivery. Halal logistics is defined as the process of purchasing, moving, storing and processing raw materials, part of livestock and finished products (including food and non-food) through supply chain as per the halal standards. The halal industry has expanded beyond halal food into various lifestyle offerings including halal hospitality, fashion, and travel services. Rise in the Muslim population has increased spending on halal products and increase in global halal food trade is expected to accelerate growth of the global halal logistics market.

Browse Full Report with TOC @

https://www.alliedmarketresearch.com/halal-logistics-market-A11520

COVID-19 Impact analysis

Coronavirus has affected the global food industry, leading to household quarantines and channel shifts, especially in markets facing supply chain disruptions, owing to lockdown measures. However, owing to non-contact manufacturing and delivery methods, focus on product packaging, and increase product presence on online platforms has helped the halal food and beverage market to retain its market share. The COVID-19 has developed new behavior among customers for consuming vegan and good quality of products. The halal pharmaceutical market has witnessed rise, owing to their strict regulations that medicines must not contain any portions of animals such as dogs, pigs, and ones mainly with sharp teeth, bugs (bees), liquor, and other substances prohibited as ‘haram’ under the Shariah law.

Get sample report with Industry Insights @

https://www.alliedmarketresearch.com/request-sample/11885

Top Impacting Factors

Increase in purchasing power of Muslim consumers and quality is a key factor accelerating the market growth.

Lack of uniformity of halal standards and regulation in different nations is a major factor expected to hamper the global halal logistics market growth

Increase in international trade activities in rising economies, rise in trade-related contracts, and worldwide logistics infrastructure, as well as development of information technology and transportation areas are opportunities for the halal logistics market.

The automotive halal logistics market trends are as follows:

Halal standards and regulations
Strict regulations and standard guidelines are developed by Muslim communities around the world. For instance, Administration of Muslim Law Act (AMLA), is assigned with single legal rights to issue Halal certificates in Singapore. Section 88A of the AMLA act specifies guidelines for issuance of halal certificates and regulate holders of halal certificates to comply with requirements of the Muslim law. Halal logistics service providers are focusing on obtaining certification from relevant local authorities, and service providers can only get a certificate if certain conditions are met, which hinders growth of the halal logistics market. For instance, in September 2019, MAB Kargo launched its new halal logistics service after receiving the MS2400-halal certification from Jakim, and in December 2020, FGV Transport Services Sdn Bhd received the Jakim certification under the category of halal supply chain management system for transportation. Moreover, In September 2020, Nippon Express’ NEX Logistics in Indonesia received the halal certification for Bekasi Logistics Center.

To Get Discount, Make Purchase Inquiry @

https://www.alliedmarketresearch.com/purchase-enquiry/11885

However, malpractice of export of meat to middle eastern countries has severely affected legality of halal products imported from non-Muslim countries. This puts severe pressure on halal logistics service providers to ensure that products transported and stored comply with established halal standards and guidelines. Further, lack of uniformity of halal standards and regulation in different countries is the main constraint, which is expected to hinder growth of the global halal logistics market.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.