Market outlook of the halal food market
Earlier, halal food were prepared for Muslims, but now they are consumed globally by people of all religions and ethnic backgrounds as they are known for their safety, hygiene, and ethical quality, and this factor is driving the global halal food market. With the rise in the demand for halal food products, producers from the non-Muslim countries such as the US, Brazil, and Australia are keen to tap this opportunity.
Technavio market research analysts expect the global halal food market to multiply at a speedy rate, with a CAGR of more than 14% during the forecast period.
One of the major factors contributing to the growth of the market is increased awareness about halal food. Social media is assisting in spreading awareness about the halal products globally. Zabiah.com and many other halal blogs such as thehalalfoodblog.com, mybigfathalalblog.com, and halalfoodguy.co are spreading the awareness about the halal concept, especially in the western Muslim markets such as the US, the UK, Germany, and France.
Geographical segmentation and analysis of - Americas, Europe, MEA, and APAC.
In 2014, APAC led the market and accounted for over 60% of the market, followed by MEA and Europe. Even though most Muslim countries are situated in the MEA region, the APAC region dominated the market as it has the largest Muslim population in the world.
The report offers an analysis of each of the following segments and discusses its impact on the overall market growth -
Americas
Europe
MEA
APAC
Competitive landscape and key vendors - Al Islami Foods, BRF, Kawan Foods, and Nestle
The halal food market consist of local and major multinational vendors that are competing with each other to gain a bigger market share.
On June 25, 2014, Al Islami Foods launched a new processing factory that provides poultry, snack, and seafood products for foodservice and retail sectors in GCC, CIS countries and Russia.
The top vendors in the market are -
Al Islami Foods
BRF
Kawan Foods
Nestle
Prima Agri-Products
QL Foods
Saffron Road
Tahira
Other prominent vendors in the market include Al-Falah Halal Foods, Carrefour, Cleone Foods, Crown Chicken, Eggelbusch, Euro Foods Group, McDonalds, Shaheen Foods, Sickendiek Fleischwarenfabrik, Tesco, Ummah Foods, and Yum! Brands.
Growth drivers, challenges, and upcoming trends: Halal food
Technavio analysts predict upcoming trends such as the rapid growth in non-Muslim countries that offers huge growth potential for the halal food market.
This report provides a number of factors contributing to the adoption, limitations, and opportunities of the halal food market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.
Key questions answered in the report include
What will the market size and the growth rate be in 2019?
What are the key factors driving the global halal food market?
What are the key market trends impacting the growth of the global halal food market?
What are the challenges to market growth?
Who are the key vendors in the global halal food market?
What are the market opportunities and threats faced by the vendors in the global halal food market?
What are the trending factors influencing the market shares of the Americas, Europe, MEA, and APAC?
What are the key outcomes of the five forces analysis of the global halal food market?
Technavio also offers customization on reports based on specific client requirement.
Related reports
Global Food and Beverage Food Intolerance Products Market 2015-2019
Global Food Organic Dairy Products Market 2015-2019
Global Food Dietary Supplements Market 2015-2019
Global Food Emulsifier Market 2014-2018
Global Diabetic Food Market 2014-2018
Table of Contents
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Islamic market
Global halal market
Five forces analysis
PART 05: Halal logistics
Halal logistics overview
PART 06: Key opportunities
PART 07: Geographical segmentation
Global halal food market by geography
Halal food market in APAC
Halal food market in MEA
Halal food market in Europe
Halal food market in Americas
PART 08: Key leading countries
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
Other prominent vendors
PART 15: Key vendor analysis
Al Islami Foods
BRF
Kawan Foods
Nestle
Prima Agri-Products
QL Foods
Saffron Road
Tahira
PART 16: Appendix
List of abbreviation
PART 17: Explore Technavio
List of Exhibits
Exhibit 01: Some of the product offerings
Exhibit 02: Islamic market key drivers 2014
Exhibit 03: Consumption pattern according to Muslim values
Exhibit 04: Overview of the global Islamic/halal market
Exhibit 05: Overview of halal spending in food and beverages globally
Exhibit 06: Overview of Muslim spending on clothing
Exhibit 07: Overview of Muslim spending on travel
Exhibit 08: Overview of Muslim spending on clothing
Exhibit 09: Overview of Muslim spending on clothing
Exhibit 10: Overview of Muslim spending on clothing
Exhibit 11: Overview of Muslim spending in food and beverages globally
Exhibit 12: Global Muslim food market compared with other food markets 2013 ($ billions)
Exhibit 13: Value chain model for halal food market
Exhibit 14: Halal food chain and its implications
Exhibit 15: Global halal food market 2014-2019 ($ billions)
Exhibit 16: Islamic countries with best developed economy for halal food
Exhibit 17: Emerging halal brands
Exhibit 18: Major retailers for halal food products across the globe
Exhibit 19: Five forces analysis
Exhibit 20: Flowchart for halal logistics
Exhibit 21: Halal logistic process layout
Exhibit 22: Top exporters of meat and live animals to OIC countries 2013
Exhibit 23: Major sea ports operating in the halal market
Exhibit 24: Global halal food market by geography 2014-2019
Exhibit 25: Halal food market in APAC 2014-2019 ($ billions)
Exhibit 26: Halal food market in MEA 2014-2019 ($ billions)
Exhibit 27: Food import by GCC countries
Exhibit 28: Total meat import in Dubai 2013
Exhibit 29: Halal food market in Europe 2014-2019 ($ billions)
Exhibit 30: Halal food market in Americas 2014-2019 ($ billions)
Exhibit 31: Key leading countries
Exhibit 32: Declining Turkish lira 2010-2014
Exhibit 33: Global Muslim population 2010-2050 (%)
Exhibit 34: Breakdown of the global Muslim population by region 2014
Exhibit 35: Some of the booming Islamic countries 2014
Exhibit 36: Impact of drivers
Exhibit 37: Impact of drivers and challenges
Exhibit 38: Key leading countries
Exhibit 39: Al Islami Foods: Brands
Exhibit 40: BRF: Product segmentation
Exhibit 41: BRF: Business segmentation by revenue 2014 ($ billions)
Exhibit 42: BRF: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 43: Kawan Food: Product segmentation 2014
Exhibit 44: Kawan Food: Business segmentation 2014 by revenue
Exhibit 45: Kawan Food: Business segmentation by revenue 2013 and 2014 ($ millions)
Exhibit 46: Kawan Food: Geographical segmentation by revenue 2014
Exhibit 47: Nestle: Business segmentation by revenue 2014
Exhibit 48: Nestle: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 49: Nestle: Geographical segmentation by revenue 2014
Exhibit 50: Prima Agri-Products: Product segmentation
Exhibit 51: QL Foods Sdn Bhd: Product segmentation
Exhibit 52: Saffron Road: Products
Exhibit 53: Tahira: Product segmentation
