Global Halal Market: Emerging Trends, Major Key Players Shaheen Foods and Euro Foods Group

According to the report, The global halal market size reached a value of about USD 1.2 trillion in 2020. The global halal market is further expected to rise at a CAGR of nearly 17% from 2020 to 2027. The major factor driving the growth of the Halal market is the increase of the Muslim population across the globe. With the increasing Muslim population in the world, the worldwide demand for Halal products has increased tremendously. Of course, with the market growing, different Halal products and services are becoming increasingly available.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global HALAL industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Halal market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Halal players holding highest market share include Shaheen Foods, Euro Foods Group, Eggelbusch and Cleone Foods. These players use new product development as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Shaheen Foods
• Euro Foods Group
• Eggelbusch
• Cleone Foods
• Reinert Group
• Pure Ingredients
• Reghalal
• Tariq Halal
• Tesco

Segmental Analysis

Market Segment By Product Type with focus on market share, consumption trend, and growth rate of HALAL Market:
o Fresh Products
o Frozen Salty Products
o Processed Products
o Cereal and Cereal Product
o Others

Market Segment By Application with focus on market share, consumption trend, and growth rate of HALAL Market:
o Restaurant
o Hotel
o Home
o Others

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Global Halal Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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