Press release
Halal Food Market Poised for Significant Revenue Growth, Bright Future and Expanding Market Size Projections
The Global Halal Food Market was valued at USD 2194.8 Billion in 2024, and is anticipated to reach USD 6044.5 Billion by 2032, exhibiting a CAGR of 13.5% during the forecast period 2024 to 2032.The study targets the Halal Food Market size and future growth potential across various segments including delivery type, end-users, and geographic locations. The base year used to determine the market size of Halal Food Market ranges from 2024 to 2032.
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The second research element of the research technique to evaluate and forecast the market to collect information on the income of major suppliers. The offers of the suppliers were also taken into account in the market segmentation. A bottom-up methodology was used to estimate the overall global Halal Food Market size based on revenue generated by key market players.
Top Companies of Halal Food Market
• QL Foods Sdn Bhd (Malaysia)
• Al Islami Foods Co. (UAE)
• DagangHalal Group (Malaysia)
• Saffron Road (U.S.)
• Kawan Foods Berhad (Malaysia)
• Janan Meat Ltd. (UK)
• Prima Agri-Products Sdn Bhd (Malaysia)
• Cargill Inc. (U.S.)
• BRF S.A. (Brazil)
• Nestle S.A. (Switzerland)
• Tahira Foods Ltd. (UK)
Scope Of The Halal Food Market
Emerging trends. The report on the Halal Food Market provides a comprehensive view of the market's future needs and potential opportunities. It also includes information about the key market players and their respective roles. Based on key market dynamics and growth-improving variables, this Halal Food Market report calculates the market value as well as the growth rate. All of the information used in this study is current industry news, market trends, as well as growth probabilities. The study also includes a detailed analysis of the market and competitor scenario, as well as a SWOT analysis for the most prominent competitors.
After the overall market size was determined, it was divided into a number of segments and sub-segments. These segments and sub-segments were then validated through basic research conducted through in-depth interviews with key individuals such as CEOs, VPs, directors, and executives. Data triangulation and market segmentation techniques have been employed to complete the entire market development process and produce accurate statistics for all segments and sub-segments.
Segments Covered
By Product
• Meat, Poultry & Seafood
• Fruits & Vegetables
• Dairy Products
• Cereals & Grains
• Oil, Fats & Waxes
• Confectionery
• Other Products
By Distribution Channel
• Traditional Retailers
• Supermarkets & Hypermarkets
• Online
• Other Distribution Channels
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Recent Developments
• In 2024, Cargill announced strategic partnerships with Halal certification bodies to ensure compliance with Halal standards across its global operations. The company also invested in research and development to innovate new Halal products for diverse consumer preferences.
• In 2024, the American Halal Company introduced innovative packaging solutions for its Halal food products to enhance convenience and freshness for consumers. The company also expanded its distribution network to reach new markets.
• August, 2023: Al Islami Foods Co. has made a significant announcement regarding the reintroduction of its premium product line in the prestigious markets of Qatar. The company is unveiling a grand re-launch, with a focus on its well-loved Chicken Griller and Chicken Parts range. This includes a diverse selection of cuts, encompassing drumsticks, breasts, thighs, and more, catering to a wide array of consumer preferences.
• August, 2023: BRF SA has taken a significant step by formally establishing a joint venture in collaboration with the Halal Products Development Company (HPDC), which operates as a subsidiary under the umbrella of Saudi Arabia's Public Investment Fund (PIF). This strategic move signifies BRF SA's proactive approach to expand its presence and capabilities in the global halal market.
Key Aspects Of The Report Include
★ In-depth study of global Halal Food Market: and fluctuating dynamics.
★ Detailed market segmentation.
★ Size of markets in terms of volume and value over time, current and future
★ Current developments and trends - Competitive global market environment Halal Food Market.
★ Strategy and products of major players.
★ Potential Markets and Isolated Areas of Potential Growth
Halal Food Market Regional Analysis
● North America [United States, Canada, Mexico]
● South America [Brazil, Argentina, Columbia, Chile, Peru]
● Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
● Middle East & Africa [GCC, North Africa, South Africa]
● Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
Read Full Research Report with [TOC] @ https://www.vantagemarketresearch.com/industry-report/halal-food-market-2307
Key Benefits For Stakeholders
★ This study comprises an analytical view of the global Halal Food Market along with current trends and future estimates to illustrate future investments.
★ The general market analysis Halal Food Market is used to understand profitable trends and gain a stronger position.
★ The report provides information on key drivers, constraints, and opportunities with a detailed impact analysis.
★ Current Halal Food Market forecasts are analyzed quantitatively for 2023-2032 to compare financial competencies.
★ Porter's Five Forces Analysis illustrates the power of buyers and suppliers in the Halal Food Market.
★ The report includes Halal Food Market trends and revenue shares of major vendors.
Major TOC of the Report
● Market Size
● Halal Food Market New Sales Volumes
● Halal Food Market Replacement Sales Volumes
● Market Installed Base
● Market By Brands
● Market Procedure Volumes
● Market Product Price Analysis
● Halal Food Market Cost of Care Analysis
Key Questions Answered In This Report
★ What is the size of the Halal Food Market and what is its expected growth rate?
★ What are the primary driving factors that push the Halal Food Market forward?
★ What are the Halal Food Market top companies?
★ What are the different categories that the Halal Food Market caters to?
★ What will be the fastest-growing segment or region?
★ In the value chain, what role do essential players play?
★ What is the procedure for getting a free copy of the Halal Food Market sample report and company profiles?
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