Global Halal Food Market, By Product Type, By Application, By Distribution Channel, By Region, Size, Share, Revenue, Emerging Trends, Growth and Forecast, 2023-2029

Market Overview:

The Global Halal Foods Market Size Was Valued at USD 1.86 Trillion in 2021 and is Projected to Reach USD 3.53 Trillion by 2028, Growing at A CAGR of 9.6 % From 2022 to 2028.

Halal is an Arabic term that signifies permissible actions in Islam, particularly concerning food and drink. For meat to be considered halal, it must be slaughtered according to strict rules. Any meat that doesn't comply with these regulations is deemed haram or forbidden. Halal food must also be stored and packaged in utensils that are thoroughly cleaned based on rigorous guidelines.
In recent years, the halal industry has expanded beyond food to include other lifestyle commodities like halal travel, hotel services, and fashion. This trend can be attributed to a shift in Muslim consumers' thinking and global ethical consumption attitudes. As a result of increasing concerns about sustainability, environmental protection, and animal welfare, the halal industry is expected to grow significantly in the coming years.

Read More This Research Report: -
https://introspectivemarketresearch.com/reports/halal-foods-market/

Market Dynamics:

Driver:

Halal certification is a critical driver of the halal food market. The certification process assures Muslim consumers that the food they are purchasing is permissible and meets the strict requirements of Islamic law. Halal certification involves a thorough inspection of the entire supply chain, from the sourcing of ingredients to the packaging and labeling of the final product. Halal certification is a crucial driver of the halal food market, as it provides assurance to consumers, helps to build trust and confidence in halal products, and enables businesses to cater to a growing Muslim consumer base.

Opportunities:

The expansion of the halal industry into other industries presents a significant opportunity for the halal food market. As the Muslim population continues to grow, the demand for halal products and services is expanding beyond just food. The halal industry has already expanded into other lifestyle commodities, such as cosmetics, travel, and finance, providing opportunities for businesses to diversify their product offerings and reach a broader audience. The expansion of the halal industry into other industries presents a significant opportunity for the halal food market.

The Report Will Include A Major Chapter
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
• Company Profiling and Competitive Positioning
• Industry Value Chain Analysis
• Market Dynamics and Factors
• Porter's Five Forces Analysis
• Pestle Analysis

Acquire PDF Sample Report + All Related thorough TOC, Graphs and Tables of Global Halal Foods Market Now:
https://introspectivemarketresearch.com/request/16140

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.

Market Segmentation

By Product Type
• Meat
• Poultry & Seafood
• Dairy Products
• Fruits & Vegetables
• Others

By Distribution Channel
• Traditional Retailers
• Supermarkets/Hypermarkets
• Online Retail
• Others

Regional Analysis of Halal Foods Market
Asia Pacific region is anticipated to register the maximum market share over the forecast period. The Islamic population of Pakistan, India, Indonesia, and Bangladesh is the greatest in the world, making the Asia Pacific area a hotbed for the halal food sector. According to the Food and Agriculture Organization (FAO), the global Halal industry produced USD 3.2 trillion in output, with the industry accounting for 35% of it. The Chinese Halal food market is worth about USD 21.2 billion and accounts for about 3% of the global Halal food market. China has a population of 24.4 million people, with 13.4 million living in the Xinjiang Weiwuer Autonomous Region and 2.5 million in the Ningxia Hui Autonomous Region.

By Region
North America
• US
• Canada
• Mexico
Eastern Europe
• Bulgaria
• The Czech Republic
• Hungary
• Poland
• Romania
• Rest of Eastern Europe
Western Europe
• Germany
• UK
• France
• Netherlands
• Italy
• Russia
• Spain
• Rest of Western Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Malaysia
• Thailand
• Vietnam
• The Philippines
• Australia
• New Zealand
• Rest of APAC
Middle East & Africa
• Turkey
• Bahrain
• Kuwait
• Saudi Arabia
• Qatar
• UAE
• Israel
• South Africa
South America
• Brazil
• Argentina
• Rest of SA

Inquire Before Purchase: -
https://introspectivemarketresearch.com/inquiry/16140

Key Players Covered in Halal Foods Market
• QL Foods Sdn Bhd
• Al Islami Foods Co.
• DagangHalal Group
• Saffron Road
• Kawan Foods Berhad
• Janan Meat Ltd
• Prima Agri-Products Sdn Bhd
• Cargill Inc.
• BRF S.A.
• Nestle S.A.
• Tahira Foods Ltd.
• Al-Falah Halal Foods Ltd. and other major players.

Key Industry Developments In Halal Foods Market
• In September 2021, to encourage trade between Thailand and Qatar, Lulu Hypermarket has launched a 'Thai Halal Products In-Store Promotion' across its Qatar locations. During the week-long event, Lulu stores in Qatar will offer over 1,000 Thai culinary products at affordable prices to in-store and online customers.
• In March 2020, Impossible Foods has introduced The Halal Shack as its newest national restaurant partner. The Halal Shack, which has eight locations in New York, California, and Texas and 25 more in the works across the country, mixes the best of Mediterranean and Middle Eastern flavours with a typical American twist for a delectable and unique dining experience. The meat from the Impossible Burger will be offered as a filler for any menu item, including bowls, gyros, wraps, and salads. Halal Shack is the latest to benefit from the Impossible Burger's halal certification, which was originally granted in 2018.

Table of Content: -
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Growth Opportunities By Segment
Chapter 4: Market Landscape
Chapter 5: Halal Foods Market by Product Type
Chapter 6: Halal Foods Market by Distribution Channel
Chapter 7: Company Profiles and Competitive Analysis
Chapter 8: Global Halal Foods Market Analysis, Insights and Forecast, 2016-2028
Chapter 9: North America Halal Foods Market Analysis, Insights and Forecast, 2016-2028
Chapter 10: Europe Halal Foods Market Analysis, Insights and Forecast, 2016-2028
To Be Continue…

Buy the Latest Version of this Report @
https://introspectivemarketresearch.com/checkout/?user=1&_sid=16140

Contact us:
Introspective Market Research
3001 S King Drive,
Chicago, Illinois
60616 USA
Ph no: +1 773 382 1049
Email: sales@introspectivemarketresearch.com

About us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

This release was published on openPR.