#1 Rated Halal Online Meat Delivery Service Trusted By Over 20,000+ Customers Nationwide Safe & Temperature Controlled Shipping 100% Halal Verified Products Up to 30% Off Best Sellers Save $4.00 Halal Deli Sliced Smoked Turkey | High Quality | Perfect For Sandwiches | Sliced and Packaged Fresh | High Quality | 100% Zabiha Halal | Saad Meats $19.99 For Muslims, these are doubly significant. The halal economy is meant to be value-based. Profitability by Market Segments (Nature/Product Type/Application/Region), 18.1.4.3. North America Market Analysis 2017-2021 and Forecast 2022-2032, By Country, 9.1. Though eating halal encompasses several requirements, many of these align with other diets like plant-based or vegan. A halal holiday is an experience where everything is tailored to respect Islamic Sharia Laws: having restaurants and hotels with only halal food, no alcohol served anywhere, hotels with prayer rooms, beaches and pool exclusive to women, etc. It is also worth mentioning that in the region, rising awareness of trends, benefits of healthier options, rising income and more education brings a lot of potential and opportunities in the region. What was the size of the global halal food market in 2022? The halal food market is expected to . Remember also that it is not because your products are halal friendly that you can only target them to Muslims. Absolute $ Opportunity Analysis By Nature, 2022-2032, 6. The halal industry has also infused its way into the apparel sector. MEA Market Analysis 2017-2021 and Forecast 2022-2032, By Country, 15.1. An unified Market Research Subscription Platform, built for todays disparate research needs. If you are looking for a specific region to target, then SouthEast Asia might be worth looking into. In secular countries, halal certification initiatives are organized by private organizations. According to Mohamed Elkafrawy, CEO of the World Halal Authority, there are about 500 halal-certified small-to-large food manufacturers in Italy. With many of the values having a universal appeal, the Halal market also has the potential of serving the remaining 5.4 billion consumers, if correctly understood. Aside from the many industry sectors of the Halal market, it is also important to understand the constant need of innovation. Nov 27, 2022 (The Expresswire) -- As per Market Growth Report, Halal Products market size is estimated to be worth USD million in 2021 and is forecast to a readjusted size of USD million by 2028 . Each market has unique attributes through their culture, location, income per capita, and other factors. Global Market Analysis 2017-2021 and Forecast, 2022-2032, 4.1. The Pricing is too high. Absolute $ Opportunity Analysis By Application, 2022-2032, 8. List of Existing and Potential Buyers, 3.6.2. Why is Halal Meat Market booming all over the world? The halal sector has become one of the fastest growing food categories. Halal food refers to food items and beverages that are strictly prepared according to the rules underlined by the Islamic dietary law. 2021 IMARC Services Private Limited. Profitability by Market Segments (Nature/Product Type/Application/Region), Table 1: Global Market Value (US$ Mn) Forecast by Region, 2017-2032, Table 2: Global Market Volume (MT) Forecast by Region, 2017-2032, Table 3: Global Market Value (US$ Mn) Forecast by Nature, 2017-2032, Table 4: Global Market Volume (MT) Forecast by Nature, 2017-2032, Table 5: Global Market Value (US$ Mn) Forecast by Product Type, 2017-2032, Table 6: Global Market Volume (MT) Forecast by Product Type, 2017-2032, Table 7: Global Market Value (US$ Mn) Forecast by Application, 2017-2032, Table 8: Global Market Volume (MT) Forecast by Application, 2017-2032, Table 9: North America Market Value (US$ Mn) Forecast by Country, 2017-2032, Table 10: North America Market Volume (MT) Forecast by Country, 2017-2032, Table 11: North America Market Value (US$ Mn) Forecast by Nature, 2017-2032, Table 12: North America Market Volume (MT) Forecast by Nature, 2017-2032, Table 13: North America Market Value (US$ Mn) Forecast by Product Type, 2017-2032, Table 14: North America Market Volume (MT) Forecast by Product Type, 2017-2032, Table 15: North America Market Value (US$ Mn) Forecast by Application, 2017-2032, Table 16: North America Market Volume (MT) Forecast by Application, 2017-2032, Table 17: Latin America Market Value (US$ Mn) Forecast by Country, 2017-2032, Table 18: Latin America Market Volume (MT) Forecast by Country, 2017-2032, Table 19: Latin America Market Value (US$ Mn) Forecast by Nature, 2017-2032, Table 20: Latin America Market Volume (MT) Forecast by Nature, 2017-2032, Table 21: Latin America Market Value (US$ Mn) Forecast by Product Type, 2017-2032, Table 22: Latin America Market Volume (MT) Forecast by Product Type, 2017-2032, Table 23: Latin America Market Value (US$ Mn) Forecast by Application, 2017-2032, Table 24: Latin America Market Volume (MT) Forecast by Application, 2017-2032, Table 25: Europe Market Value (US$ Mn) Forecast by Country, 2017-2032, Table 26: Europe Market Volume (MT) Forecast by Country, 2017-2032, Table 27: Europe Market Value (US$ Mn) Forecast by Nature, 2017-2032, Table 28: Europe Market Volume (MT) Forecast by Nature, 2017-2032, Table 29: Europe Market Value (US$ Mn) Forecast by Product Type, 2017-2032, Table 30: Europe Market Volume (MT) Forecast by Product Type, 2017-2032, Table 31: Europe Market Value (US$ Mn) Forecast by Application, 2017-2032, Table 32: Europe Market Volume (MT) Forecast by Application, 2017-2032, Table 33: East Asia Market Value (US$ Mn) Forecast by Country, 2017-2032, Table 34: East Asia Market Volume (MT) Forecast by Country, 2017-2032, Table 35: East Asia Market Value (US$ Mn) Forecast by Nature, 2017-2032, Table 36: East Asia Market Volume (MT) Forecast by Nature, 2017-2032, Table 37: East Asia Market Value (US$ Mn) Forecast by Product Type, 2017-2032, Table 38: East Asia Market Volume (MT) Forecast by Product Type, 2017-2032, Table 39: East Asia Market Value (US$ Mn) Forecast by Application, 2017-2032, Table 40: East Asia Market Volume (MT) Forecast by Application, 2017-2032, Table 41: South Asia Market Value (US$ Mn) Forecast by Country, 2017-2032, Table 42: South Asia Market Volume (MT) Forecast by Country, 2017-2032, Table 43: South Asia Market Value (US$ Mn) Forecast by Nature, 2017-2032, Table 44: South Asia Market Volume (MT) Forecast by Nature, 2017-2032, Table 45: South Asia Market Value (US$ Mn) Forecast by Product Type, 2017-2032, Table 46: South Asia Market Volume (MT) Forecast by Product Type, 2017-2032, Table 47: South Asia Market Value (US$ Mn) Forecast by Application, 2017-2032, Table 48: South Asia Market Volume (MT) Forecast by Application, 2017-2032, Table 49: Oceania Market Value (US$ Mn) Forecast by Country, 2017-2032, Table 50: Oceania Market Volume (MT) Forecast by Country, 2017-2032, Table 51: Oceania Market Value (US$ Mn) Forecast by Nature, 2017-2032, Table 52: Oceania Market Volume (MT) Forecast by Nature, 2017-2032, Table 53: Oceania Market Value (US$ Mn) Forecast by Product Type, 2017-2032, Table 54: Oceania Market Volume (MT) Forecast by Product Type, 2017-2032, Table 55: Oceania Market Value (US$ Mn) Forecast by Application, 2017-2032, Table 56: Oceania Market Volume (MT) Forecast by Application, 2017-2032, Table 57: MEA Market Value (US$ Mn) Forecast by Country, 2017-2032, Table 58: MEA Market Volume (MT) Forecast by Country, 2017-2032, Table 59: MEA Market Value (US$ Mn) Forecast by Nature, 2017-2032, Table 60: MEA Market Volume (MT) Forecast by Nature, 2017-2032, Table 61: MEA Market Value (US$ Mn) Forecast by Product Type, 2017-2032, Table 62: MEA Market Volume (MT) Forecast by Product Type, 2017-2032, Table 63: MEA Market Value (US$ Mn) Forecast by Application, 2017-2032, Table 64: MEA Market Volume (MT) Forecast by Application, 2017-2032, Figure 1: Global Market Value (US$ Mn) by Nature, 2022-2032, Figure 2: Global Market Value (US$ Mn) by Product Type, 2022-2032, Figure 3: Global Market Value (US$ Mn) by Application, 2022-2032, Figure 4: Global Market Value (US$ Mn) by Region, 2022-2032, Figure 5: Global Market Value (US$ Mn) Analysis by Region, 2017-2032, Figure 6: Global Market Volume (MT) Analysis by Region, 2017-2032, Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2022-2032, Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2022-2032, Figure 9: Global Market Value (US$ Mn) Analysis by Nature, 2017-2032, Figure 10: Global Market Volume (MT) Analysis by Nature, 2017-2032, Figure 11: Global Market Value Share (%) and BPS Analysis by Nature, 2022-2032, Figure 12: Global Market Y-o-Y Growth (%) Projections by Nature, 2022-2032, Figure 13: Global Market Value (US$ Mn) Analysis by Product Type, 2017-2032, Figure 14: Global Market Volume (MT) Analysis by Product Type, 2017-2032, Figure 15: Global Market Value Share (%) and BPS Analysis by Product Type, 2022-2032, Figure 16: Global Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032, Figure 17: Global Market Value (US$ Mn) Analysis by Application, 2017-2032, Figure 18: Global Market Volume (MT) Analysis by Application, 2017-2032, Figure 19: Global Market Value Share (%) and BPS Analysis by Application, 2022-2032, Figure 20: Global Market Y-o-Y Growth (%) Projections by Application, 2022-2032, Figure 21: Global Market Attractiveness by Nature, 2022-2032, Figure 22: Global Market Attractiveness by Product Type, 2022-2032, Figure 23: Global Market Attractiveness by Application, 2022-2032, Figure 24: Global Market Attractiveness by Region, 2022-2032, Figure 25: North America Market Value (US$ Mn) by Nature, 2022-2032, Figure 26: North America Market Value (US$ Mn) by Product Type, 2022-2032, Figure 27: North America Market Value (US$ Mn) by Application, 2022-2032, Figure 28: North America Market Value (US$ Mn) by Country, 2022-2032, Figure 29: North America Market Value (US$ Mn) Analysis by Country, 2017-2032, Figure 30: North America Market Volume (MT) Analysis by Country, 2017-2032, Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2022-2032, Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2022-2032, Figure 33: North America Market Value (US$ Mn) Analysis by Nature, 2017-2032, Figure 34: North America Market Volume (MT) Analysis by Nature, 2017-2032, Figure 35: North America Market Value Share (%) and BPS Analysis by Nature, 2022-2032, Figure 36: North America Market Y-o-Y Growth (%) Projections by Nature, 2022-2032, Figure 37: North America Market Value (US$ Mn) Analysis by Product Type, 2017-2032, Figure 38: North America Market Volume (MT) Analysis by Product Type, 2017-2032, Figure 39: North America Market Value Share (%) and BPS Analysis by Product Type, 2022-2032, Figure 40: North America Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032, Figure 41: North America Market Value (US$ Mn) Analysis by Application, 2017-2032, Figure 42: North America Market Volume (MT) Analysis by Application, 2017-2032, Figure 43: North America Market Value Share (%) and BPS Analysis by Application, 2022-2032, Figure 44: North America Market Y-o-Y Growth (%) Projections by Application, 2022-2032, Figure 45: North America Market Attractiveness by Nature, 2022-2032, Figure 46: North America Market Attractiveness by Product Type, 2022-2032, Figure 47: North America Market Attractiveness by Application, 2022-2032, Figure 48: North America Market Attractiveness by Country, 2022-2032, Figure 49: Latin America Market Value (US$ Mn) by Nature, 2022-2032, Figure 50: Latin America Market Value (US$ Mn) by Product Type, 2022-2032, Figure 51: Latin America Market Value (US$ Mn) by Application, 2022-2032, Figure 52: Latin America Market Value (US$ Mn) by Country, 2022-2032, Figure 53: Latin America Market Value (US$ Mn) Analysis by Country, 2017-2032, Figure 54: Latin America Market Volume (MT) Analysis by Country, 2017-2032, Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2022-2032, Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022-2032, Figure 57: Latin America Market Value (US$ Mn) Analysis by Nature, 2017-2032, Figure 58: Latin America Market Volume (MT) Analysis by Nature, 2017-2032, Figure 59: Latin America Market Value Share (%) and BPS Analysis by Nature, 2022-2032, Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Nature, 2022-2032, Figure 61: Latin America Market Value (US$ Mn) Analysis by Product Type, 2017-2032, Figure 62: Latin America Market Volume (MT) Analysis by Product Type, 2017-2032, Figure 63: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2022-2032, Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032, Figure 65: Latin America Market Value (US$ Mn) Analysis by Application, 2017-2032, Figure 66: Latin America Market Volume (MT) Analysis by Application, 2017-2032, Figure 67: Latin America Market Value Share (%) and BPS Analysis by Application, 2022-2032, Figure 68: Latin America Market Y-o-Y Growth (%) Projections by Application, 2022-2032, Figure 69: Latin America Market Attractiveness by Nature, 2022-2032, Figure 70: Latin America Market Attractiveness by Product Type, 2022-2032, Figure 71: Latin America Market Attractiveness by Application, 2022-2032, Figure 72: Latin America Market Attractiveness by Country, 2022-2032, Figure 73: Europe Market Value (US$ Mn) by Nature, 2022-2032, Figure 74: Europe Market Value (US$ Mn) by Product Type, 2022-2032, Figure 75: Europe Market Value (US$ Mn) by Application, 2022-2032, Figure 76: Europe Market Value (US$ Mn) by Country, 2022-2032, Figure 77: Europe Market Value (US$ Mn) Analysis by Country, 2017-2032, Figure 78: Europe Market Volume (MT) Analysis by Country, 2017-2032, Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2022-2032, Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2022-2032, Figure 81: Europe Market Value (US$ Mn) Analysis by Nature, 2017-2032, Figure 82: Europe Market Volume (MT) Analysis by Nature, 2017-2032, Figure 83: Europe Market Value Share (%) and BPS Analysis by Nature, 2022-2032, Figure 84: Europe Market Y-o-Y Growth (%) Projections by Nature, 2022-2032, Figure 85: Europe Market Value (US$ Mn) Analysis by Product Type, 2017-2032, Figure 86: Europe Market Volume (MT) Analysis by Product Type, 2017-2032, Figure 87: Europe Market Value Share (%) and BPS Analysis by Product Type, 2022-2032, Figure 88: Europe Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032, Figure 89: Europe Market Value (US$ Mn) Analysis by Application, 2017-2032, Figure 90: Europe Market Volume (MT) Analysis by Application, 2017-2032, Figure 91: Europe Market Value Share (%) and BPS Analysis by Application, 2022-2032, Figure 92: Europe Market Y-o-Y Growth (%) Projections by Application, 2022-2032, Figure 93: Europe Market Attractiveness by Nature, 2022-2032, Figure 94: Europe Market Attractiveness by Product Type, 2022-2032, Figure 95: Europe Market Attractiveness by Application, 2022-2032, Figure 96: Europe Market Attractiveness by Country, 2022-2032, Figure 97: East Asia Market Value (US$ Mn) by Nature, 2022-2032, Figure 98: East Asia Market Value (US$ Mn) by Product Type, 2022-2032, Figure 99: East Asia Market Value (US$ Mn) by Application, 2022-2032, Figure 100: East Asia Market Value (US$ Mn) by Country, 2022-2032, Figure 101: East Asia Market Value (US$ Mn) Analysis by Country, 2017-2032, Figure 102: East Asia Market Volume (MT) Analysis by Country, 2017-2032, Figure 103: East Asia Market Value Share (%) and BPS Analysis by Country, 2022-2032, Figure 104: East Asia Market Y-o-Y Growth (%) Projections by Country, 2022-2032, Figure 105: East Asia Market Value (US$ Mn) Analysis by Nature, 2017-2032, Figure 106: East Asia Market Volume (MT) Analysis by Nature, 2017-2032, Figure 107: East Asia Market Value Share (%) and BPS Analysis by Nature, 2022-2032, Figure 108: East Asia Market Y-o-Y Growth (%) Projections by Nature, 2022-2032, Figure 109: East Asia Market Value (US$ Mn) Analysis by Product Type, 2017-2032, Figure 110: East Asia Market Volume (MT) Analysis by Product Type, 2017-2032, Figure 111: East Asia Market Value Share (%) and BPS Analysis by Product Type, 2022-2032, Figure 112: East Asia Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032, Figure 113: East Asia Market Value (US$ Mn) Analysis by Application, 2017-2032, Figure 114: East Asia Market Volume (MT) Analysis by Application, 2017-2032, Figure 115: East Asia Market Value Share (%) and BPS Analysis by Application, 2022-2032, Figure 116: East Asia Market Y-o-Y Growth (%) Projections by Application, 2022-2032, Figure 117: East Asia Market Attractiveness by Nature, 2022-2032, Figure 118: East Asia Market Attractiveness by Product Type, 2022-2032, Figure 119: East Asia Market Attractiveness by Application, 2022-2032, Figure 120: East Asia Market Attractiveness by Country, 2022-2032, Figure 121: South Asia Market Value (US$ Mn) by Nature, 2022-2032, Figure 122: South Asia Market Value (US$ Mn) by Product Type, 2022-2032, Figure 123: South Asia Market Value (US$ Mn) by Application, 2022-2032, Figure 124: South Asia Market Value (US$ Mn) by Country, 2022-2032, Figure 125: South Asia Market Value (US$ Mn) Analysis by Country, 2017-2032, Figure 126: South Asia Market Volume (MT) Analysis by Country, 2017-2032, Figure 127: South Asia Market Value Share (%) and BPS Analysis by Country, 2022-2032, Figure 128: South Asia Market Y-o-Y Growth (%) Projections by Country, 2022-2032, Figure 129: South Asia Market Value (US$ Mn) Analysis by Nature, 2017-2032, Figure 130: South Asia Market Volume (MT) Analysis by Nature, 2017-2032, Figure 131: South Asia Market Value Share (%) and BPS Analysis by Nature, 2022-2032, Figure 132: South Asia Market Y-o-Y Growth (%) Projections by Nature, 2022-2032, Figure 133: South Asia Market Value (US$ Mn) Analysis by Product Type, 2017-2032, Figure 134: South Asia Market Volume (MT) Analysis by Product Type, 2017-2032, Figure 135: South Asia Market Value Share (%) and BPS Analysis by Product Type, 2022-2032, Figure 136: South Asia Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032, Figure 137: South Asia Market Value (US$ Mn) Analysis by Application, 2017-2032, Figure 138: South Asia Market Volume (MT) Analysis by Application, 2017-2032, Figure 139: South Asia Market Value Share (%) and BPS Analysis by Application, 2022-2032, Figure 140: South Asia Market Y-o-Y Growth (%) Projections by Application, 2022-2032, Figure 141: South Asia Market Attractiveness by Nature, 2022-2032, Figure 142: South Asia Market Attractiveness by Product Type, 2022-2032, Figure 143: South Asia Market Attractiveness by Application, 2022-2032, Figure 144: South Asia Market Attractiveness by Country, 2022-2032, Figure 145: Oceania Market Value (US$ Mn) by Nature, 2022-2032, Figure 146: Oceania Market Value (US$ Mn) by Product Type, 2022-2032, Figure 147: Oceania Market Value (US$ Mn) by Application, 2022-2032, Figure 148: Oceania Market Value (US$ Mn) by Country, 2022-2032, Figure 149: Oceania Market Value (US$ Mn) Analysis by Country, 2017-2032, Figure 150: Oceania Market Volume (MT) Analysis by Country, 2017-2032, Figure 151: Oceania Market Value Share (%) and BPS Analysis by Country, 2022-2032, Figure 152: Oceania Market Y-o-Y Growth (%) Projections by Country, 2022-2032, Figure 153: Oceania Market Value (US$ Mn) Analysis by Nature, 2017-2032, Figure 154: Oceania Market Volume (MT) Analysis by Nature, 2017-2032, Figure 155: Oceania Market Value Share (%) and BPS Analysis by Nature, 2022-2032, Figure 156: Oceania Market Y-o-Y Growth (%) Projections by Nature, 2022-2032, Figure 157: Oceania Market Value (US$ Mn) Analysis by Product Type, 2017-2032, Figure 158: Oceania Market Volume (MT) Analysis by Product Type, 2017-2032, Figure 159: Oceania Market Value Share (%) and BPS Analysis by Product Type, 2022-2032, Figure 160: Oceania Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032, Figure 161: Oceania Market Value (US$ Mn) Analysis by Application, 2017-2032, Figure 162: Oceania Market Volume (MT) Analysis by Application, 2017-2032, Figure 163: Oceania Market Value Share (%) and BPS Analysis by Application, 2022-2032, Figure 164: Oceania Market Y-o-Y Growth (%) Projections by Application, 2022-2032, Figure 165: Oceania Market Attractiveness by Nature, 2022-2032, Figure 166: Oceania Market Attractiveness by Product Type, 2022-2032, Figure 167: Oceania Market Attractiveness by Application, 2022-2032, Figure 168: Oceania Market Attractiveness by Country, 2022-2032, Figure 169: MEA Market Value (US$ Mn) by Nature, 2022-2032, Figure 170: MEA Market Value (US$ Mn) by Product Type, 2022-2032, Figure 171: MEA Market Value (US$ Mn) by Application, 2022-2032, Figure 172: MEA Market Value (US$ Mn) by Country, 2022-2032, Figure 173: MEA Market Value (US$ Mn) Analysis by Country, 2017-2032, Figure 174: MEA Market Volume (MT) Analysis by Country, 2017-2032, Figure 175: MEA Market Value Share (%) and BPS Analysis by Country, 2022-2032, Figure 176: MEA Market Y-o-Y Growth (%) Projections by Country, 2022-2032, Figure 177: MEA Market Value (US$ Mn) Analysis by Nature, 2017-2032, Figure 178: MEA Market Volume (MT) Analysis by Nature, 2017-2032, Figure 179: MEA Market Value Share (%) and BPS Analysis by Nature, 2022-2032, Figure 180: MEA Market Y-o-Y Growth (%) Projections by Nature, 2022-2032, Figure 181: MEA Market Value (US$ Mn) Analysis by Product Type, 2017-2032, Figure 182: MEA Market Volume (MT) Analysis by Product Type, 2017-2032, Figure 183: MEA Market Value Share (%) and BPS Analysis by Product Type, 2022-2032, Figure 184: MEA Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032, Figure 185: MEA Market Value (US$ Mn) Analysis by Application, 2017-2032, Figure 186: MEA Market Volume (MT) Analysis by Application, 2017-2032, Figure 187: MEA Market Value Share (%) and BPS Analysis by Application, 2022-2032, Figure 188: MEA Market Y-o-Y Growth (%) Projections by Application, 2022-2032, Figure 189: MEA Market Attractiveness by Nature, 2022-2032, Figure 190: MEA Market Attractiveness by Product Type, 2022-2032, Figure 191: MEA Market Attractiveness by Application, 2022-2032, Figure 192: MEA Market Attractiveness by Country, 2022-2032. 2. Profitability by Market Segments (Nature/Product Type/Application/Region), 18.1.2.3. The global halal food market size reached US$ Some prefer halal cosmetics due to it being animal cruelty free; others choose halal cosmetics because there are no harmful chemicals that irritate their skin or alcohol that would dry up their skin. All Rights Reserved. The rest of the population is still slightly resilient towards halal food but is slowly embracing the possibilities. Global Halal Food Market, By . Each country around the world has its own Muslim community, thus opening up many routes to market and opportunities for halal products. Starting from a plane ride that offers halal food, halal tourism and hospitality also includes hotels where no alcohol is served and males and females are provided separate spas and swimming pool facilities. . On the geographical front, Asia Pacific is the leading market for halal food, accounting for the majority of the total market share. Market Share Analysis of Top Players, 18.1.1. By 2025, its value is likely to surpass 9.7 trillion US dollars. The demand has been growing over the years and as a result, Malaysia launched the worlds first standard for halal pharmaceuticals in early 2011 named theMalaysian Standard MS 2424:2010 (P): Halal Pharmaceuticals: General Guidelines. Halal cosmetics have consumers from a variety of backgrounds who find the cosmetics appealing due to a range of reasons. Oceania Market Analysis 2017-2021 and Forecast 2022-2032, By Country, 14.1. We expect the global halal food market to exhibit a CAGR of Your personal details are safe with us. According to the latest estimates, they will represent 2.2 billion people, or 26.4% of the total population. 2022 IMARC Services Private Limited. Once you have the halal certification from a certified body of which there are many available, you can, if you wish, add the halal logo to your product and packaging. Profitability by Market Segments (Nature/Product Type/Application/Region), 18.1.9.3. Get a complete personalized report with a scorecard of target partners. In 2020, there were more than 1.5 billion Muslims in the world, but it is expected that by 2030, there will be more than 2,2 billion. Halal cosmetics sales are expected to grow at a 9.6% CAGR through 2026, owing to rising religious awareness among younger Muslim consumers and the world's growing Muslim population. Profitability by Market Segments (Nature/Product Type/Application/Region), 18.1.7.3. Certifications and Certifying Agency Overview, 3.12. It is estimated to reach a predicted value of USD 1,657.44 billion by 2030 at a CAGR of 7.4% during the forecast period (2022-2030). Their growth . For him, halal is largely about thoughtful intentionality. The Turkish Standards Institution (TSE) is the major body in charge of granting halal certification to foreign corporations importing food. It is mostly required for food products such as meat, milk or canned food. South Asia Market Analysis 2017-2021 and Forecast 2022-2032, By Country, 13.1. Halal used to be a term reserved only for members of the Islamic faith, but over time it has come to mean anything that is . The global halal cosmetics market size was valued at USD 30.21 billion in 2021 and is projected to reach USD 83.76 billion by 2030 at a CAGR of 12% from 2022 to 2030. Creating swimwear in line with Muslim beliefs and values, Active Attire not only appeals to Muslim consumers but also reduces swimming facilities cost by 30 per cent due to less amount of hair particles getting stuck in the swimming pools filtration system. Global Halal Food Market, By Application 7.1. HALAL MARKET - 31 Photos & 24 Reviews - 7755 Tylers Place Blvd, West Chester, OH - Yelp Restaurants Home Services Auto Services More Halal Market 24 reviews Unclaimed $ Grocery Edit Closed 10:00 AM - 9:00 PM See hours See all 31 photos Write a review Add photo Save " They have many different brands of tahinis, roasted eggplants (for your own baba). The opportunities are therefore definitely there. Who are the key players operating in the market? The advent of the Islamic Republic of Iran in 1979 was a major step in the shift from Islamic compatibility to halal certification. For meat products, having the certification means that the production respects the different steps required to be Halal such as slaughter with a single cut or the meat hasnt been in contact with pork. With the current pace of growth, the global halal market can only be expected to increase. As mentioned previously, Halal is linked to ethics, sustainable and healthy living. This creates a huge opportunity for the whole Halal food supply chain Latin America Market Analysis 2017-2021 and Forecast 2022-2032, By Country, 10.1. Newly released data from Future Market Insights market analysis shows that global halal food demand is projected to grow year-on-year (Y-o-Y) growth of 9.1% in 2022. This definition tells us a lot of what halal englobes. Halal foods must not contain intoxicants or alcohol, pork, unsanitary elements, poisons and harmful ingredients. Profitability by Market Segments (Nature/Product Type/Application/Region), 18.1.8.3. Muslims constitute 1.6 billion people or 23% of the World's population. Coordinating Minister for the Economy Airlangga Hartarto said Indonesia has a great opportunity to become a leading halal producer at the world level. Current and Future Market Size Value (US$ Mn) & Volume (MT) Analysis and Forecast By Product Type, 2022-2032, 6.4. The technical storage or access that is used exclusively for statistical purposes. Kindly contact us for the actual market size and trends. Based on their market shares, numerous important countries are plotted across all of the major regions. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032, 10. Let us know your requirement to get 100% FREE customization. Europe is the key market. Due to this, the halal market is expected to increase to 20% in the near future - with Asia, Africa and Europe accounting for 63%, 24% and 10% of this respectively (in van der Spiegel et al., 2012). Recently, in October 2019, the Government of Indonesia introduced mandatory halal labeling and certification rules, owing to which consumers nowadays prefer halal food. Halal Academy; Thailand has already developed a Halal Science Centre (HSC) and Malaysia is on its way with the Deputy President of the Malaysian Islamic Chamber of Commerce (MICC), Tan Sri Muhammad Ali Hashim, stating that a Halal Science Centre is needed in Malaysia in order to tap into the opportunities the halal industry offers. 2,221.3 Billion in 2022. Halal Food And Beverage Market Size, Share & Trends Analysis Report By Product (Grain Products), By Distribution Channel (Hypermarket & Supermarket), By Region, And Segment Forecasts, 2022 . Increasing requirement for the food among both Muslims and non-Muslims, advancement in healthy technologies incorporated, and strict regulations implementations are the factors driving growth of halal food market. Cosmetics 7.4. Halal claimed product launches increased globally by 19% from 2018 to 2020, from 16,936 products to 20,482. The term halal is mainly associated with Islamic dietary laws, especially meat processed and prepared according to those requirements. The growth in the halal market represents significant opportunities for businesses to diversify and secure future growth for their companies. When you fully understand this concept, you realise that if your business complies with Islamic requirements, you open the doors to many and diverse opportunities all over the world. THE HALAL MARKET. What is the breakup of the global halal food market based on the product? Asia Pacific, Europe, North America, Latin America, Middle East and Africa. The per capita spending varied across the region, for instance in the Bosnia and Herzegovina it was $423 in 2019 while in Germany it was $2152 during the same . "The halal market in Italy is worth $5 billion and 80% of businesses have obtained international certification from the WHA in Italy," he told Salaam Gateway. 7. "The first time I saw halal slaughter, it made me mindful," Amanullah says. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032, 11. Let's take a closer look at the halal pharmaceutical market. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021, 9.2. The halal ingredients market is expected to register a CAGR of approx. Any components or additives in food destined for Turkey must be prepared according to halal standards. The global. The rise of supermarket e-commerce and home deliveries has opened up new halal food and grocery delivery options, such as halal cloud or ghost kitchens. 3. Halal food items have become popular amongst both Muslim and non-Muslim consumers as they assure food safety, hygiene, and reliability, which represents one of the key factors catalyzing the global halal food market. 10.8% during 2023-2028. You will receive an email from our Business Development Manager. The production of this type of meat represents an expanding market share and today is not only a Muslim consumers' prerogative.This meat must be slaughtered and processed according to halal rules, respecting the Islamic precepts and avoiding any contamination. This fascinating event is slated to be held from 19 - 20 Sep 2023 in Dubai, UAE. Europe is also a major hub for halal opportunities. 6. 1. The goal of this study is to look into and explore Malaysia's current legislative and regulatory framework for animal feeding, as well as to describe the importance of the halal assurance system in animal feed regulation. QL Foods Sdn Bhd, Al Islami Foods Co., DagangHalal Group, Saffron Road, Kawan Foods Berhad, Janan Meat Ltd, Prima Agri-Products Sdn Bhd, Cargill, Inc., BRF S.A., Nestle S.A., Tahira Foods Ltd., and Al-Falah Halal Foods Ltd. PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request). The global halal food market size reached US$ 2,221.3 Billion in 2022. The Halal Parks is a community of manufacturing and service businesses located on a common property. "These foods and companies have had . This is mostly a young community, who is aware of the new trends and healthy living. The report estimates that the world's 1.9 billion Muslims spent the equivalent of US$2 trillion in 2021 across the food, pharmaceuticals, . Islam is the fastest growing religion in the world. Islam is the fastest growing religion in the world. Nestl then took the JAKIM certificate in order to obtain the religious legitimacy. With ICHS you only partake a single audit and it gives you wide recognition and international coverage. The demand for halal products comes from the growing Muslim population. The halal market covers more than just food and beverages. England What will be the market for halal food worth in 2032? 9 Interesting Statistics on Halal that Everyone Should Know Defined by Meriam-Webster, halal is "sanctioned by Islamic law" and the "selling or serving food ritually fit according to Islamic law." Analogous to kosher food in the Jewish faith, halal food is for the Muslim faith. Like any variety of drinks or food offerings, there is a countless no. In light of these statistics, we foresee a significant demand for the halal pharmaceutical industry. In 2010, there were 1.6 billion Muslims, or 23.4% of the population world. Global Halal Food Market segmented into Meat & Alternatives, Milk & Milk Products, Grain. We use cookies to optimise our website and our service. It was completed in 2009 and hailed as the 'mother of all halal standards'. Find your sweet spots for generating winning opportunities in this market. T: +1-845-579-5705, A MARKET ACCESS DMCC Initiative - Dubai, United Arab Emirates. The demand for Halal and ethical products and services is being driven by a global Muslim population which has grown significantly to one-quarter of the world's population. Y-o-Y Growth Trend Analysis By Product Type, 2017-2021, 6.5. the organization. The halal industry is not limited to food, though halal food is the second biggest sector after Islamic finance. The Muslim population is the second-largest worldwide with around 1.9 billion people, and the fastest growing religion globally in 2015. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032, 17.3. +44 (0) 7730579760, Privacy Policy | Cookie Policy | Terms & Conditions. Market Analysis Research Report On "Global Halal Food Market 2019 Industry Growth, Size, Trends, Share, Opportunities And Forecast To 2025 " To Their Research Database. The global halal food market was valued at US$ WHS will feature the worlds largest integrated Halal food and beverage trade fair, the Malaysia International Halal Showcase (MIHAS) now in its 12th edition with over 500 businesses showcasing their products and services from more than 30 countries. Key halal food manufacturers are looking for capturing the market with joint ventures, partnerships, mergers, and acquisitions, while top halal food brands are focusing on upgraded and modified product with rising demand for infant food formulas, which has increased over time with Halal Food consumption among all population. India has the world's third largest Muslim population at more than 170 million and presents huge market opportunities for halal-based entrepreneurs. With falafel wraps, and Turkish food trucks, you can get your fill of halal lunch. Profitability by Market Segments (Nature/Product Type/Application/Region), 18.1.14.3. They are the first target when it comes to marketing halal products. Holding an internationally trusted halal label gives your food product the privilege needed to expanding your market to the halal consumers, with ICHS you are affiliating your brand with a label that is empowered by and emanated from the biggest official international Islamic organizations. Leeds Originally, this organization was initiated by certifiers from the following countries: Indonesia, United States, Australia and Holland. 8. Who are the key companies/players in the global halal food market? The increase in demand creates increase in business, trade and production that is why today the Halal market is one of the fastest growing consumer segments in the world, with an estimated worth of $2.3 trillion. Any components or additives in food destined for Turkey must be prepared according to halal standards. Effect of Halal Products Certification 10.8% during 2023-2028. The Malaysian National Fatwa Council declared animals given non-halal diet to be haram. Halal food refers to food items and beverages that are strictly prepared according to the rules underlined by the Islamic dietary law. Product adaptability in each target market needs to be considered as consumer requirements differ across the regions. Prima Quality Food Industries Sdn Bhd, 18.1.1.3. The halal sector has become one of the fastest growing food categories. Which are the top countries driving the halal food market demand? In the same year, Sanichi Technology's local office in Malaysia sponsored a US$300 million halal gelatin production and industrial park, which will be the region's first of its kind. Traditionally leaning more towards food and consumption items, halal now encompasses a wide variety of sectors including cosmetics, pharmaceuticals, clothing, financial services, logistics, and even hospitality. Islamic finance is marketed to Muslims even though non muslims might also agree with their ethos. Sudden outbreak of the COVID-19 pandemic has led to a shift in sales of halal-certified food products from brick-and-mortar distribution channels towards online platforms. Al-Buabdlawi expected that the halal economy would reach 7 trillion in the world in 2023, and stated that at the level of the Cooperation Organization (which includes 57 countries), halal trade amounts to 1.26 billion dollars, which is approximately 30% of the global halal trade, and only 20% of it is in intra-regional trade. 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