Halal Foods Market Size Was Valued at USD 2447.44 Billion in 2023, and is Projected to Reach USD 4985.09 Billion by 2032, Growing at a CAGR of 9.3% From 2024-2032.
The Arabic term "halal" means "permissible" in Islam and refers to a system of laws that specify what is and is not permissible, especially when it comes to food and drink. If certain standards are not followed throughout the slaughter process, the meat cannot be certified as halal and is considered "haram" or prohibited.
The demand for halal foods from countries without sufficient resources to produce them halal is rising in tandem with the growth of the global halal food market. Saudi Arabia, Malaysia, and the United Arab Emirates are major importers, and one of the most sought-after imported goods is beef. In terms of halal meat exports, Brazil topped the globe, closely followed by Australia and India. The information highlights how important these nations are to the global halal market and illustrates how dynamic this sector is on a global basis.
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The global Halal Foods Market research investigates the market in-depth and offers a comprehensive analysis of the major growth determinants, Halal Foods Market share, current trends, key players, and their future predictions. In addition, market demand and supply, each geographical region's growth rate, and market potential are all included in the Halal Foods Market study. Raw materials, marketing channels, client surveys, industry trends and proposals, CAGR status, product scope Halal Foods Market trends, major leading countries/regions, market risk, and market driving force are all included in the market research. The market prediction was based on a thorough market investigation completed by several industry experts.
Major Key Players Considered in the Market are:
Janan Meat (UK), Prima Agro (India), Pegasus Agriculture Group (UAE), BRF S.A. (Brazil), Sadia (Brazil), Ayamas (Malaysia), QL Foods Sdn Bhd (Malaysia), Brahim's Holdings Berhad (Malaysia), Japan Foods Holding Ltd. (Japan), Pegasus Agriculture Group (UAE), Yum! Brands, Inc. (USA), Saffron Road (USA), Cargill (USA), McDonald's Corporation (USA), Unilever (Netherlands), Nestlé S.A. (Switzerland), Isla Delice (France), Unilever (UK), Chicken Cottage Limited (UK), Dana Dairy Group (Switzerland), Al Islami Foods (UAE), Sinar Meadow International Indonesia (Indonesia), BRF Malaysia (Malaysia), Al Islami Foods (UAE), JBS S.A. (Brazil), and Other Major Players.
The Report on Halal Foods Market provides detailed analysis of segments in the market based on:
By Type
· Halal Food
· Halal Drinks
· Halal Supplements
By Product Type
· Meat, Poultry & Seafood
· Dairy Products
· Fruits & Vegetables
By Distribution Channel
· Traditional Retailers
· Supermarkets/Hypermarkets
· Online Retail
· Others
By Region
· North America (U.S., 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
In addition to answering these important questions, the report also offers a glimpse into the future by forecasting the course of the Halal Foods Market. It is an invaluable resource for making data-driven decisions, as it provides a roadmap to guide the development of the market during the forecast periods.
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For this report, Introspective Market Research has segmented the Halal Foods Market based on region:
· North America (U.S., Canada, Mexico)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
· Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
· South America (Brazil, Argentina, Rest of SA)
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Introspective Market Research is a reliable partner specializing in comprehensive market research studies. Our commitment lies in providing businesses worldwide with valuable insights and strategic guidance through our comprehensive research. Our Halal Foods Market report ensures accuracy by conducting a precise examination of the industry. We establish a robust foundation for our findings through extensive utilization of primary and secondary sources. To enhance the depth of our evaluation, we employ industry-standard tools such as Porter's Five Forces Analysis, SWOT Analysis, and Price Trend Analysis.
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