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India Halal Food Market Size, Demand, Industry Trends and Growth Report 2023-2028

10-06-2023 11:49 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

India Halal Food Market

India Halal Food Market

How Big Is the India Halal Food Market?

The India halal food market is projected to exhibit a growth rate (CAGR) of 12.50% during 2023-2028. The increasing awareness and understanding of Halal food's ethical and hygienic principles, the rising investment in technology for better processing and distribution networks and the significant growth in organized retail platforms represent some of the key factors driving the market.

What is Halal Food?

Halal food refers to edible products that are permissible to consume under Islamic law. It includes chicken, beef, lamb, goat, fish, shrimp, fruits and vegetables, and dairy products that are not contaminated with non-halal substances. Its production involves multiple stages, including processing, packaging, and storage in spaces using halal-certified packaging materials and equipment. It emphasizes animal welfare and ethical treatment during slaughtering. It is free from various other ingredients, such as alcohol, L-cysteine, and lipase, which are harmful to human consumption. Besides this, as it reduces the risk of food contamination with dangerous pathogens, the demand for halal food items is rising across India.

Request a free sample of report: https://www.imarcgroup.com/india-halal-food-market/requestsample

Industry Trends and Drivers:

The increasing number of Muslim residents, including students and expatriates, represents one of the key factors catalyzing the demand for halal food in India. Additionally, rapid urbanization and the easy availability of halal food are positively influencing the market. Along with this, the globalization of food culture is leading to an increasing acceptance of international cuisines, including those with halal certification. Apart from this, the rising trend of health consciousness among Indian consumers is encouraging the adoption of halal dietary practices. Moreover, several organizations and communities are actively engaged in educating people about halal food and its principles and benefits, which is resulting in its rising acceptance among Indian consumers. Furthermore, the Government of India (GoI) is providing support in standardizing halal certifications, which helps ensure authenticity and build trust, which is propelling the market growth. Along with this, the increasing participation of India in international halal food expos to build connections with halal food producers is strengthening the growth of the market. Besides this, the millennial population of India is more experimental and open to trying different cuisines. In addition, the expansion of supermarkets and retail chains with a dedicated halal sections is making these products easily accessible to a wider customer base. Furthermore, continuous investments in research, development, and innovation in halal food products help in understanding consumer preferences and tailoring products accordingly. Moreover, organizing educational campaigns about the ethical and health benefits of halal food to create awareness and motivate consumers to choose halal products is supporting the growth of the market. Growth in the food and beverage (F&B) industry, expansion of hotels, restaurants, and cloud kitchens, and the inclusion of halal in menus are positively influencing the market. Additionally, the incorporation of modern technology in food production is streamlining the certification process and supply chain management in India.

Ask Analyst for 10% free customized report: https://www.imarcgroup.com/request?type=report&id=9822&flag=C

What Is Included In Market Segmentation?

The report has been segmented the market into following categories:

Product Insights:
• Meat, Poultry and Seafood
• Fruits and Vegetables
• Dairy Products
• Cereals and Grains
• Oil, Fats and Waxes
• Confectionery
• Others

Distribution Channel Insights:
• Traditional Retailers
• Supermarkets and Hypermarkets
• Online
• Others

Regional Insights:
• South India
• North India
• West & Central India
• East India

Related Posts:
Fantasy Sports Market https://www.digitaljournal.com/pr/news/imarc/fantasy-sports-market-size-share-industry-statistics-and-report-2023-2028

Animal Genetics Market https://www.digitaljournal.com/pr/news/imarc/animal-genetics-market-size-trends-and-global-report-2023-2028

Milk Protein Concentrate Market https://www.digitaljournal.com/pr/news/imarc/milk-protein-concentrate-market-size-price-trends-industry-analysis-and-forecast-2023-2028

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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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