Halal Food Market Analysis

  • Report ID: 6076
  • Published Date: May 24, 2024
  • Report Format: PDF, PPT

Halal Food Market Analysis

Product Type (Meat Products, Dairy Products, Cereals & Grain,)
 

The meat segment is predicted to dominate over 65% halal food market share by 2036. The need for bacteria-free meat products is increasing among consumers and their awareness of purchasing authentic products is driving growth for the market.

Halal meat products are safe, hygienic, and of high quality. Also, as per Muslim beliefs, the animal needs to be alive during the process of slaughtering, or else the meat is considered haram. 70 % of the meat-consuming population in England prefers slaughtering animals without prior stunning.

Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, E-commerce, Specialty Stores)
 

The hypermarket & supermarket is estimated to gain a significant share in the upcoming years. Since these are the most convenient choices for consumers to buy halal foods, everything is under one roof. Additionally, flourishing supermarkets and hypermarkets made halal products accessible to everyone. There are nearly 9000 supermarkets in Canada. This also resulted in the halal products being valued by a wide range of consumers as the products are certified, ensuring quality and safety. Many supermarkets even sell their own labeled products which are halal certified.

Product Base (Modified Starch, Native Starch, Sweeteners, Others)

The native starch segment is poised to garner notable growth during the forecast period. Native starch is halal certified and is a white power derived from corn such as maize. Though it is plant-derived, it is acceptable to the halal food consumers. The native starch retail and food service sector is poised to reach 393653 tonnes in 2027.

Our in-depth analysis of the market includes the following segments: 

     Product Type

  • Meat Products
  • Dairy Products
  • Cereals & Grains
  • Poultry
  • Seafood
  • Fruits & Vegetables
  • Oils
  • Fats & Waxes
  • Confectionery
  • Others

    Distribution Channel

  • Hypermarket &Supermarket
  • Convenience Store
  • E-commerce
  • Specialty Store

     Product Base

  • Modified Starch
  • Native Starch
  • Sweeteners
  • Others
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Browse Key Market Insights with Data Illustration:


Author Credits:  Parul Atri


  • Report ID: 6076
  • Published Date: May 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of halal food was over USD 2.4 Trillion.

The market size for halal food is estimated to cross USD 4.4 Trillion by the end of 2036 expanding at a CAGR of 10.8% in the coming years i.e., between 2024-2036.

The major players in the market are Nestle SA, Tahira Foods Ltd, Saffron Road, Unilever, Midamar Corporation, and others.

The meat segment is anticipated to garner a share of 65% during 2024-2036.

The Asia Pacific halal food sector is poised to hold a 40% share by the end of 2036.
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