Press release
Evolving Industry Trends : Halal Food Market Globally Grow at a CAGR of 15.52% by 2021
Halal in Arabic means permissible. Halal foods are the food products that adhere to the Islamic laws and follow Islamic pattern of slaughtering.
Technavios analysts forecast the global halal food market to grow at a CAGR of 15.52% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global halal food market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Halal Food Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Al Islami Foods
BRF
Nestl
QL Foods
Saffron Road Food
Other prominent vendors
Al-Falah Halal Foods
Arman Muslim Foods Industrial Group
Beijing Shunxin Agriculture
Cleone Foods
Crown Chicken
Jingyitai Halal Food
Nema Food
Prima Agri-Products
Tahira Food
Market driver
Improved economic conditions of Muslim countries
For a full, detailed list, view our report
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Market challenge
Halal certification and food labeling
For a full, detailed list, view our report
Market trend
Increased demand for convenience foods
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Halal is an Arabic term meaning "permissible" or "lawful." The opposite of halal is haram, which means "prohibited" or "unlawful." These terms govern each aspect of Muslims' lives, including food, clothing, banking, traveling, and so on.
In recent years, the term "halal" has evolved in meaning to…
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