Halal Food Market Size, Share Report By 2019: Radiant Insights
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.
Technavios 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.
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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 –
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.
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
Key market highlights
Global halal market
Five forces analysis
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