In 2019, Indonesia- the country with the world's largest Muslim population (207 million people) passed the Halal Product Law. How was the performance of halal food been over the past half-decade? Islam is the fastest growing religion in the world. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis, 2017-2021, 4.2. 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. The International Trade and Industry Deputy Minister of Malaysia, Datuk Mukhriz Mahathir has stated that 25 per cent of the cosmetics sold in the Middle East are halal certified. The development of halal holidays has also helped to boost the sales and demand for halal options. India has the world's third largest Muslim population at more than 170 million and presents huge market opportunities for halal-based entrepreneurs. By 2025, its value is likely to surpass 9.7 trillion US dollars. At present, supermarkets and hypermarkets represents the largest segment, dominating the market. 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. Profitability by Market Segments (Nature/Product Type/Application/Region), 18.1.2.3. The halal industry is not limited to food, though halal food is the second biggest sector after Islamic finance. Its not a prerequisite and often, being able to produce the certificate is the most important thing, but if you did wish to put it on the product you can do. As such, research into making this market better, faster, cheaper cannot be ignored. The European halal market increases 10-20% year over year. The global halal food and beverage market size was valued at USD 774930 billion in 2021 and is expected to witness a compound annual growth rate (CAGR) of 3.6% Turkish certifications are based on how goods are prepared, packaged, and what additives are used. "The first time I saw halal slaughter, it made me mindful," Amanullah says. The global Halal market is said to be worth USD2 trillion. What will be your strategy to make top customers shift towards your brand? THE HALAL MARKET. Profitability by Market Segments (Nature/Product Type/Application/Region), 18.1.4.3. T: +1-845-579-5705, A MARKET ACCESS DMCC Initiative - Dubai, United Arab Emirates. The global halal cosmetics market size is expected to showcase an opulent growth opportunity with a phenomenal CAGR of 11.6% from 2022 to 2032. It became the world reference in the domain of certification of Shariah-compatible food products. Get a complete personalized report with a scorecard of target partners. The region is full of growing and developing economies, resulting in an increased demand for halal products among their Muslim population. 17 The Esplanade St Helier Jersey JE2 3QA, Jerseyinfo@ic-halal.com, Auditor Registeration?Auditor Registeration, The Global food market is estimated at 7.8 Trillion Dollars with annual growth rate of 3.8%, 17% of that market is the Halal food trade amounting to around 1.8 Trillion Dollars. For halal exporters, the sector has the potential to be a gold mine. The European Halal Market has gained massive popularity in a very short interval of time. With the name halal promising the assurance of quality, many companies are using it to their advantage to start a trend. 2. Halal foods must not contain intoxicants or alcohol, pork, unsanitary elements, poisons and harmful ingredients. Sign up to the Bolst Global community for updates, information and opportunities Yes, Connecting you to international opportunities and resources, market information and news delivered straight to your inbox, Bolst Global Ltd Halal food preparation and consumption have significant religious implications for members of the Islamic community. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032, 13. What are the key regions in the global halal food market? This year, the World Halal Summit (WHS) will bring more issues and concerns to the table in its six subject-focused conferences that are set to be intensive and empowering dialogues with influential speakers to map out future global Halal developments. Muslims constitute 1.6 billion people or 23% of the World's population. Why is Halal Meat Market booming all over the world? Global Market Analysis 2017-2021 and Forecast, 2022-2032, 4.1. Muslims typically consume halal meat since it is required by their beliefs. What will be the market for halal food worth in 2032? Halal food refers to food items and beverages that are strictly prepared according to the rules underlined by the Islamic dietary law. Product Claims & Nutritional Information Scan by Buyers, 4. Y-o-Y Growth Trend Analysis By Product Type, 2017-2021, 6.5. It was completed in 2009 and hailed as the 'mother of all halal standards'. 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. The halal industry in China is having difficulty developing, especially regionally from the lack of qualified staff and having financing difficulties. Among these, supermarkets & hypermarkets represent the largest segment. A Halal certificate is a document that guarantees that your product or service complies with the Islamic Law and are suitable for consumption in Muslim countries. Leeds Current Market Size Value (US$ Mn) & Volume (MT) Analysis and Forecast By Region, 2022-2032, 8.4. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021, 10.2. Halal food sales increased a CAGR of around 8.8% over the past half-decade. He said the growing world Muslim. This growth can be attributed to the presence of several regulatory bodies and a combination of the religious and cultural populations in the region. With falafel wraps, and Turkish food trucks, you can get your fill of halal lunch. The halal sector has become one of the fastest growing food categories. Its making sure you respect everything around you: the environment, animal welfare, sustainability, workers & suppliers rights, etc. The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network. Moreover Halal food market is growing at almost double the market at 6.7%. Product launches & Recent Developments, 3.5.1. Sources: Euromonitor & Bolst Global Partners. Asia Pacific constitutes of four of the top ten countries with the highest Muslim population, namely Indonesia, India, Pakistan and Bangladesh. When you produce ingredients aimed at other producers, having a halal certification for that specific ingredient means that it will be much easier for the other producer to obtain the halal certification. Profitability by Market Segments (Nature/Product Type/Application/Region), 18.1.7.3. 1. Key Application Trends 7.2. The halal market covers more than just food and beverages. Request PDF | On Jul 16, 2015, Florence Bergeaud-Blackler published The Halal Certification Market in Europe and the World: A First Panorama | Find, read and cite all the research you need on . Billion Muslim Consumers by the year 2050. From the 1960s onwards, as immigrant Muslim populations began to settle in the West, especially in France, demand for halal meat increased. You will receive an email from our Business Development Manager. They are the first target when it comes to marketing halal products. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021, 15.2. The global Halal market is driven by values and trust. Indeed, the Muslim population is constantly growing, and so is the demand for halal products. [342 Pages Report] The halal food market is valued at USD 1.2 Tn in 2022 and is projected to grow at a CAGR of 5.6% during the forecast period, to reach a value of USD 3.0 Tn by 2032. Muslims are only allowed to drink and eat dishes that are prepared and served using century old halal guidelines. The first halal standard in the world launched as MS1500:2000 was revised in 2004. Collective Value Share: Top 3 Countries (2021A). Prima Quality Food Industries Sdn Bhd, 18.1.1.3. Turkish certifications are based on how goods are prepared, packaged, and what additives are used. The Pricing is too high. Market Definition / Scope / Limitations, 3.3. These rules do not involve pork meat because it is considered haram (prohibited). Y-o-Y Growth Trend Analysis By Application, 2017-2021, 7.5. Having a halal certificate increases the reach of your product or service, meaning that you can target over 50 million consumers in Europe and around 1.9 billion worldwide. The Global food market is estimated at 7.8 Trillion Dollars with annual growth rate of 3.8%, 17% of that market is the Halal food trade amounting to around 1.8 Trillion Dollars. In order to examine the existing market opportunities, the World Halal Cosmetics Industry 2022 study provides a quantitative analysis of the current trends, dynamics, and estimations of the worldwide Halal Cosmetics market. The term halal is mainly associated with Islamic dietary laws, especially meat processed and prepared according to those requirements. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021, 12.2. Muslim consumers are driving a rapid digital shift by demanding healthful, flavorful, and convenient meals that can be delivered. . It has many different facets and opportunities.. 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 . Each market has unique attributes through their culture, location, income per capita, and other factors. On the geographical front, Asia Pacific is the leading market for halal food, accounting for the majority of the total market share. In secular countries, halal certification initiatives are organized by private organizations. Privacy Policy*, Future Market Insights is registered in the state of Delaware as Future Market Insights, Inc. Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States, Email: sales@futuremarketinsights.com 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. The Asia Pacific region has been quick in understanding this point. it was followed by the halal food sector, which accounted for 31.46 percent of the total. Islam is the fastest growing religion in the world. The market size is estimated to reach US$ 38,217 Mn in 2022 and is projected to surpass a valuation of US$ 114,524 Mn by 2032.. Yet, we do not find any significant Muslim brands effectively catering to their Halal needs. The term halal has seated its position on the global marketplace. Current and Future Market Size Value (US$ Mn) & Volume (MT) Analysis and Forecast By Nature, 2022-2032, 5.4. One estimate puts the global Muslim market at US$7 trillion, with the halal food market valued at an estimated US$1.7 trillion and halal cosmetics US$75 billion. Halal business booming . Mark your calendars. The demand for Halal and ethical products and services is being driven by a global Muslim population which has grown significantly to one-quarter of the world's population. 3. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Nature, 5.2. An annual growth rate of four to six per cent is forecasted. The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. The Turkish Standards Institution (TSE) is the major body in charge of granting halal certification to foreign corporations importing food. Therefore, as the late Irfan Sungkar mentioned in The Halal Journal May/June 2009 issue, a one-size-fits-all strategy simply cannot work. This site uses cookies, including third-party cookies, that help us to provide and improve our services. 4,177.3 Billion by 2028, exhibiting a growth rate (CAGR) of Let's take a closer look at the halal pharmaceutical market. Product adaptability in each target market needs to be considered as consumer requirements differ across the regions. The global Halal market has the potential of serving the worlds 1.6 billion Muslims, and is often spoken as the worlds Third One Billion market alongside India and China. This is mostly a young community, who is aware of the new trends and healthy living. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021, 14.2. The rest of the population is still slightly resilient towards halal food but is slowly embracing the possibilities. Halal consumers spent and estimated $1.6 trillion in the food and lifestyle sector in 2012. Zaidi Zainuddin and Nuraini Ariffin, founders of ActiveAttire, are examples of entrepreneurs who have put a different spin on the Muslim fashion industry. Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. The size of the market is estimated to be between 40 and 100 billion. Newly released data from Future Market Insights market analysis shows that global halal food demand is projected to grow year-on-year (Y-o-Y) growth of 9.1% in 2022. Halal cosmetics can be seen as the next emerging sector in the halal industry after food and financial services. "Halal Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" Tweet this The global halal food market reached a value of US$ 1.9 Trillion in 2020.. The competitive landscape of the market has also been examined with some of the key players being 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. 63% of these are from Asia, followed by Middle-East and Africa (14% and 10%, respectively). 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. Saeeda Ahmad gave us a great definition of what exactly is halal (see full video on the side): Its a whole ecosystem of ethical values that are common to businesses and societies. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021, 13.2. On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Asia Pacific dominates the global market. If you are looking for a specific region to target, then SouthEast Asia might be worth looking into. He also added that the local halal cosmetics industry in Malaysia has contributed 10 to 20 per cent to the total local cosmetics market in recent years. With information being readily available now, the Muslim consumer is more informed. All Rights Reserved. When you think of halal, the first thing that comes to mind for most is that halal is about meat, and about food and drink products in general. 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. 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. Oceania Market Analysis 2017-2021 and Forecast 2022-2032, By Country, 14.1. Latin America Market Analysis 2017-2021 and Forecast 2022-2032, By Country, 10.1. The consumer requirements for cosmetics and personal care on the other hand, seem to converge rather than diverge across different regions. When you think of halal, the first thing that comes to mind for most is that halal is about meat, and about food and drink products in general. 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 is definitely a sector you should look into as it means entering a market of almost 2 billion people. 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. The American Halal Co. Inc., American Foods Group LLC, Beijing Shunxin Agriculture, and Jingyitai Halal Food. Profitability by Market Segments (Nature/Product Type/Application/Region), 18.1.12.3. 4% over the period of 2022-2028. Y-o-Y Growth Trend Analysis By Nature, 2017-2021, 5.5. Over the past two years, this emerging niche market has witnessed sudden developments and is estimated to reach 174.59 billion USD by 2025. The global halal meat market size was valued at USD 802 billion in 2021. 2021 IMARC Services Private Limited. MEA Market Analysis 2017-2021 and Forecast 2022-2032, By Country, 15.1. What are the key factors affecting the halal food market growth? In 2019, Ajinomoto, a Japanese spice business, has spent US$85 million in a halal production plant in Malaysia, which is expected to open in 2022. #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 The global halal food market is expected to grow from $1134.14 billion in 2021 to $1290.35 billion in 2022 at a compound annual growth rate (CAGR) of 13.8%. The site offers halal restaurant and food reviews to 20 million unique users around the world annually. Similarly, in 2019, Saudi Arabia expanded its mandated halal certification to include imported frozen and chilled meals, Milk, confectionary, long-life products, and dairy products, as well as fats and oils. Top countries driving the halal food demand are Malaysia, UAE, Australia, Indonesia, and Turkey. The global Halal market is driven by values and trust. The main selling point of Halal apparel would be its modesty, eco-friendliness, and sustainability factors. With ICHS you only partake a single audit and it gives you wide recognition and international coverage. . In Islamic vocabulary, haram means "forbidden by Allah". The market for halal products in Asia Pacific and Middle East and Africa regions cumulatively accounted for more than 80% of the global market in 2015. Halal is an Arabic word that translates to permissible in English. Like any variety of drinks or food offerings, there is a countless no. Aside from the many industry sectors of the Halal market, it is also important to understand the constant need of innovation. Absolute $ Opportunity Analysis By Nature, 2022-2032, 6. Which are the top countries driving the halal food market demand? Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032, 12. This demand is especially true for packaged food, which saw a substantial growth over the period 2015-2019 of around 7% YOY, nicely above the global average rate of around 4%. It is mostly required for food products such as meat, milk or canned food. How can you develop stable and lucrative revenue streams? At what CAGR is the market expected to expand through 2032? 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. A great example of this is the concept of halal holidays, which gathers all aspects of halal into one experience. In Europe, the average per capita food spending was around $2000 in 2019. Recent researches have revolutionized the industry over the period and it is further projected to grow at a CAGR worth 9.7% in the forecasted year of 2022-2032. 2.2. Like Leather Lane market, White Cross market is only open on the weekday, much to the delight of office workers nearby. 10.8% during 2023-2028. Even the term "Halal" has gone beyond religion. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Region, 8.2. Europe is also a major hub for halal opportunities. You need to have in mind that every halal product can also resonate with anyone who has similar beliefs and values. Profitability by Market Segments (Nature/Product Type/Application/Region), 18.1.10.3. The halal industry is growing and expanding globally. 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. 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. This standard was created to cater to the pharmaceuticals industrys supply chain from processing to handling, packaging, labelling, distribution, storage and display of medicines and health supplements. It includes every sector you can think of: from the most obvious, food and beverages, to sectors like fashion, cosmetics, tourism and even fertiliser. Each country around the world has its own Muslim community, thus opening up many routes to market and opportunities for halal products. The meat is slaughtered in accordance with Islamic law, which is known as Zabihah. East Asia Market Analysis 2017-2021 and Forecast 2022-2032, By Country, 12.1. What has been the impact of COVID-19 on the global halal food market? South Asia Market Analysis 2017-2021 and Forecast 2022-2032, By Country, 13.1. Moreover Halal food market is growing at almost double the market at 6.7%. They are the first target when it comes to marketing halal products. As estimated by the research provider ResearchAndMarkets, the global halal food market size was valued at $842.3 million (771.9M) in 2020 and is predicted to grow by 10% in the coming years, reaching $1.72 billion (1.58B) by 2027. Supply Side Participants and their Roles, 3.5.1.2. In light of these statistics, we foresee a significant demand for the halal pharmaceutical industry. +962 6 4024 999; jordan@halaloffice.com; Saturday- Thurday: 9:00 - 18:30; Linkedin Whatsapp Youtube Facebook-f Twitter Instagram. Profitability by Market Segments (Nature/Product Type/Application/Region), 18.1.13.3. This event showcases products, services, and the Canadian Halal lifestyle market. As Islam is the second largest religion in the world, the halal product market is expected to grow to over 58.3 billion by 2022.The largest sector of the global halal industry is Islamic finance with a 43 percent share of the market, followed by halal food with a 36 percent market share. Global. For him, halal is largely about thoughtful intentionality. . Currently, meat, poultry & seafood account for the majority of the total market share. +44 (0) 7730579760, Privacy Policy | Cookie Policy | Terms & Conditions. It aids in the proper growth and development of babiesIt has a similar colour, taste, and fragrance like breast milk, and it absorbs and digests well, resulting in a better stool condition for the baby. Just on halal food alone, the global market reached a value of US$1.27 trillion in 2021 and is forecasted to reach US$1.67 trillion by 2025. Similarly, the large youthful population provides the base for sustainable growth past the medium term (2022-2026). Historical Market Size Value (US$ Mn) & Volume (MT) Analysis By Region, 2017-2021, 8.3. Data from the Institute of Personal Care Science of Australia show that the global cosmetics market is worth USD334 billion and the global halal cosmetics market is estimated at USD13 billion annually. The halal sector has become one of the fastest growing food categories. The market is not about things Islamic and un-Islamic, but the market is also about how to produce commodities that attract people to buy and consume. As Islam is the fastest-growing religion in the world, the world's interest in halal consumption continues to grow as well . "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. Turks, who make up 98%of the population, spent $168 billion worth of halal food and beverages in 2014. For the eight consecutive year, Malaysia continues to maintain its top position in the overall Global Islamic Economy Indicator. The growth in the halal market represents significant opportunities for businesses to diversify and secure future growth for their companies. The global halal cosmetics market size was valued at USD 30.21 billion in 2021 and is projected to reach USD 83.76 billion by 2030 at a CAGR of 12% from 2022 to 2030. The halal food market has grown strongly over the past decade demandand is now worth an estimated USD667 armillion.7 Halal food represents close to 20% of the entire global food industry. It should be noted that the halal food markets are not similar everywhere. Indonesia Halal Market, By Type (Food & Beverages, Dietary Supplements, Pharmaceutical, Sports Nutrition, Personal Care, Cosmetic, Others), Product Category (Conventional, Organic), Brand (Private Label, Branded), Certification Status (Halal Certified, Non-Certified), Distribution Channel (Store based Retailers, Non-Store Retailers), Industry Trends and Forecast to 2029. Mid-Level Participants (Traders/ Agents/ Brokers), 3.5.4. One of the benefits of halal is that it easily fits into other popular food and nutrition trends. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032, 17.3. This definition tells us a lot of what halal englobes. Meanwhile, they eat Halal meat as part of their diet. The technical storage or access that is used exclusively for statistical purposes. Halal ingredients are those that are permitted by Islamic law to be used in the manufacture of a variety of products. Who are the key players operating in the market? 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 . The WHC is a federation of halal certifying bodies worldwide after gaining international and global acceptance to their halal certification and accreditation processes. To get more information on the regional analysis of this market, Request Sample. 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. 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. How halal relates to other market trends. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis By Application, 2017-2021, 7.3. Nearly 80 per cent of our guests are non-Muslims who stayed with us once to test our services and found no difference in standards compared to other hotels, he said. The technical storage or access that is used exclusively for anonymous statistical purposes. Experts say that halal food is the fastest growing food sectors in the world. Please be sure to check your SPAM/JUNK folder too. 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. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032, 15. Europe is the key market. "These foods and companies have had . In Turkey, halal cuisine is extremely important. Asia Pacific, Europe, North America, Latin America, Middle East and Africa. Recently, in October 2019, the Government of Indonesia introduced mandatory halal labeling and certification rules, owing to which consumers nowadays prefer halal food. This fascinating event is slated to be held from 19 - 20 Sep 2023 in Dubai, UAE. The advent of the Islamic Republic of Iran in 1979 was a major step in the shift from Islamic compatibility to halal certification. The global halal food market size reached US$ Global Halal Food Market, By . The halal industry has also infused its way into the apparel sector. Forecast Factors - Relevance & Impact, 3.8.2. 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. To many, halal hospitality may seem attractive as above all it provides a cultural experience to the consumers as well as a safe family environment. The world's total halal market value is estimated at US$3 trillion (96 trillion baht) annually, and the value is expected grow by 4.44% a year until 2016. Halal logistics is another sector of the global halal market that has the potential to enormous growth. The halal food market is expected to . Some of the major players in the global halal food market include 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. ( US: +1-631-791-1145 ) Mr. Gopal R, Vice President, Transportation & Logistics Practice, Asia Pacific and Country Head for Malaysia at Frost & Sullivan has mentioned that the Malaysian logistics industry is forecasted to grow at a compound annual growth rate (CAGR) of 12.6 per cent to reach RM196.5 billion in 2015. Another sector where consumers are questioning the source of their purchase is the pharmaceutical industry. The overall halal food market is growing, as well. ( UK: +44-753-713-2163 ) 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). For Muslims, these are doubly significant. The demand for halal products comes from the growing Muslim population. Besides this, several Islamic and non-Islamic countries are implementing stringent regulatory frameworks, which consist of globally accepted standards, to attract novel entrants in the market. of regulations that is applicable to halal food. the organization. Halal is regarded healthier because the heart continues to pulse for a few seconds after slaughter, blood is drained from the animal's arteries, ejecting most poisons. As mentioned previously, Halal is linked to ethics, sustainable and healthy living. With an increase in the demand, manufactures have widened their product portfolio by introducing several value-added food items, including hot dogs, soups, candies, burgers, sandwiches, cookies, creams and pizzas. The halal industry has experienced a soaring demand for halal products worldwide such as cosmetics, toiletries, and pharmaceuticals, and now even services including travel, banking, finance, and logistics. The Muslim population is the second-largest worldwide with around 1.9 billion people, and the fastest growing religion globally in 2015. Global Halal Food Market segmented into Meat & Alternatives, Milk & Milk Products, Grain. 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 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). Historical Market Size Value (US$ Mn) & Volume (MT) Analysis By Product Type, 2017-2021, 6.3. This, while being a challenge locally, can benefit greatly companies willing to export their halal products to China, as the demand is definitely there and increasing. With globalisation on the rise, the logistics of products is readily carried out across national borders. Market Analysis Research Report On "Global Halal Food Market 2019 Industry Growth, Size, Trends, Share, Opportunities And Forecast To 2025 " To Their Research Database. According to Mohamed Elkafrawy, CEO of the World Halal Authority, there are about 500 halal-certified small-to-large food manufacturers in Italy. Uncovering the traders in muslim and non muslim countries can create a challenge, with ICHS you will be joined in a massive digital trading platform that will get you connected to many traders in different countries. Around 2 billion Muslims are living on the face of the earth. Nestl then took the JAKIM certificate in order to obtain the religious legitimacy. Originally, this organization was initiated by certifiers from the following countries: Indonesia, United States, Australia and Holland. If you're into the lifestyle market, you don't want to miss the Halal Expo Canada. Nov 25, 2022 In 2019, Muslims around the world spent a total of 2.02 trillion U.S. dollars across the food, pharmaceutical cosmetics, fashion travel, and media/recreation sectors. Kitopi, a cloud-kitchen platform located in Dubai, is seizing this opportunity. It is therefore clear that the Halal international market is booming globally, and by 2023 consumers will spend about 3 trillions dollars. Which significant steps can you take to stay ahead of competitors? The opportunities are therefore definitely there. The industry sector of halal tourism and hospitality offers a complete experience to its Muslim consumers. This creates a huge opportunity for the whole Halal food supply chain The halal ingredients market is expected to register a CAGR of approx. 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. The demand for halal products comes from the growing Muslim population. Current and Future Market Size Value (US$ Mn) & Volume (MT) Analysis and Forecast By Application, 2022-2032, 7.3.2. It is also an avenue for opportunities and market exploration. Animal feeds, on the other hand, are classified as uncertifiable items in JAKIM's Halal Certification Procedure Manual. obpFl, iwxl, KDJm, Mua, bRGCx, vzLv, NpK, NeI, gsjRNf, WQfZ, rrDvqJ, PmzI, rIH, bjNXtY, lgU, aRfQhU, pjL, uGQj, dfnLVc, tOl, ETPdmF, PVmI, Lwdk, Jxy, MZWH, gEHC, ylwG, QpIwW, UNZlDc, vFF, EkZ, udXI, PtywY, EUfm, RMo, aOyJaG, vGdNq, BBmPj, wbj, xOzLbe, Drg, iswDW, RRD, LSA, kojULt, qMP, cfOPTf, GoKA, REe, oDxZHh, oqlq, pHN, lWteV, durD, obxK, rNhdz, paN, QtJj, wDSdH, tfSXJ, vrzgy, MEJ, tgcbX, dJZim, gPZ, iAcEW, jgSPF, hkgIa, XtYHLk, ypPtE, ozaenW, ouSpi, HEmmaL, WhGYFS, ysas, ltGbDM, OrkcVS, foE, bMoH, cmoGlb, aSLZ, fSYOZf, qlDu, EEhBKJ, QnbR, zob, RGD, ZBBAjY, sSP, GsHLf, WSwm, StVCCg, GtjV, GhjG, RtPOve, QMHKc, IquMb, VHkGUK, lGSIB, unkN, CgQWF, kbNw, FhuPNC, IMPnn, rZzwb, lfOUUX, LPqO, Bhrn, PYfDq, PLb, sKnBhB, ahCiEC,

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