HomePress ReleaseEIN PresswireHalal Food Market to Reach US$ 4,177.3 Billion During 2023-2028

Halal Food Market to Reach US$ 4,177.3 Billion During 2023-2028

Halal Food Market Report 2023-2028

Rising consciousness of halal meals advantages, rising well being consciousness, and international demand for RTE halal merchandise drive market development.

BROOKLYN, NEW YORK, UNITED STATES, June 23, 2023/ — Halal Food Trade Outlook 2023-2028:

In accordance to the most recent report by IMARC Group, titled “Halal Food Market: International Trade Developments, Share, Measurement, Development, Alternative and Forecast 2023-2028”, presents a complete evaluation of the trade, which includes insights on the worldwide halal meals market. The report additionally consists of competitor and regional evaluation, and up to date developments out there.

The worldwide halal meals market measurement reached US$ 2,221.3 Billion in 2022. Wanting ahead, IMARC Group expects the market to attain US$ 4,177.3 Billion by 2028, exhibiting a development fee (CAGR) of 10.8% throughout 2023-2028.

Halal meals refers to meals merchandise that’s strictly ready in accordance to the foundations of Islamic dietary legislation. It forbids using human- or animal-derived substances and genetically modified organisms (GMOs), together with fluids discharged from our bodies, pigs and their derivates, ham and blood, and carrion. It’s extra moral, safer to eat, much less susceptible to meat contamination, and will increase metabolism because it is freed from poisons, pork, alcohol, or intoxicants, and unhygienic content material. Moreover, it’s cleaned, saved, and packaged utilizing halal-certified packaging supplies and tools. A few of the generally out there halal meals embody meat, poultry, seafood, vegetables and fruit, dairy merchandise, cereals and grains, oil, fat and waxes, and confectionery.

Request Free Pattern Report:

Halal Food Market Developments:

The worldwide market is primarily pushed by the rising Muslim inhabitants who comply with the Islamic shariah norms as a part of their non secular perception. Furthermore, the rising variety of stringent regulatory frameworks that embody required halal labeling and certification requirements for meals and drinks is catalyzing the market. Apart from, the rising consciousness amongst non-Muslim communities relating to a number of advantages supplied by halal meals merchandise, akin to security, hygiene, higher style, excessive diet, and tender and stress hormone-free meat, are additional supporting the demand. In step with this, a number of main firms are introducing value-added meals objects, together with sizzling canines, soups, burgers, candies, sandwiches, cookies, lotions, and pizzas, that are gaining prominence among the many lots. Moreover, the rising availability of halal meals and drinks throughout numerous e-commerce channels is making a constructive market outlook.

Aggressive Panorama:

By IMARC group the report has additionally analyzed the aggressive panorama of the market with among the prime halal meals manufacturing firms being

A few of these key gamers embody:

• QL Meals
• Al Islami Meals
• Dagang Halal
• Saffron Highway Food
• Kawan Meals
• Janan Meat
• Prima Agri-Merchandise
• Cargill
• Nestle
• Tahira Food
• Al-Falah Halal Meals

Discover the Full Report with Charts, Desk of Contents, and Checklist of Figures:

Key Market Segmentation:

Breakup by Product:

• Meat, Poultry & Seafood
• Fruits & Greens
• Dairy Merchandise
• Cereals & Grains
• Oil, Fat & Waxes
• Confectionery
• Others

Breakup by Distribution Channel:

• Conventional Retailers
• Supermarkets & Hypermarkets
• On-line
• Others

Breakup by Area:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Center East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Different)

Additionally Learn the Checklist of Prime 12 Firms Working within the International Halal Food Trade:

Key highlights of the Report:

• Market Efficiency (2017-2022)
• Market Outlook (2023-2028)
• COVID-19 Affect on the Market
• Porter’s 5 Forces Evaluation
• Historic, Present and Future Market Developments
• Market Drivers and Success Components
• SWOT Evaluation
• Construction of the Market
• Worth Chain Evaluation
• Complete Mapping of the Aggressive Panorama

Observe: In case you want particular data that’s not at the moment throughout the scope of the report, we will present it to you as part of the customization.

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About Us

IMARC Group is a number one market analysis firm that provides administration technique and market analysis worldwide. We associate with purchasers in all sectors and areas to establish their highest-value alternatives, handle their most crucial challenges, and remodel their companies.

IMARC’s data merchandise embody main market, scientific, financial, and technological developments for enterprise leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and trade evaluation for biotechnology, superior supplies, prescribed drugs, meals and beverage, journey and tourism, nanotechnology, and novel processing strategies are on the prime of the corporate’s experience.

Elena Anderson
IMARC Companies Non-public Restricted
+1 631-791-1145
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