Global Halal Food & Beverages Market 2017: Rising Population of the Muslim Community - Research and Markets

DUBLIN--()--The "Global Halal Food & Beverages Market - Growth, Trends, and Forecasts (2017 - 2022)" report has been added to Research and Markets' offering.

The global halal food and beverages market is grow at a CAGR of 16.2% during the forecast period.

The Muslim population is the second-largest, worldwide, and the fastest-growing religion, globally. It is projected to claim a large share of consumer spending, as well. It is estimated that 26.4% of the global population will be Muslims, by 2030. Therefore, businesses certified (Halal) in complying with the Islamic requirements boost the attractiveness of a product to this consumer group. The country-specific laws and certifying bodies, however, pose a challenge to multinational companies (MNC) that wish to expand into the niche Muslim consumer base, which calls for a global Halal certification. The presence of a global hub will result in a smoother production chain, where the higher processes required, like farming for Halal products, would be transparent and standardized.

Certification and maintenance of processes within Halal are important for businesses to gain trust of consumers, yet many businesses fail to develop due to their focus on just certification. Moreover, new product developments and marketing strategies are less prioritized. The growing Halal market offers growing opportunities for meat and poultry farmers, manufacturers, retailers, exporters, and foodservice operators. The major market players are Nestle, Cargill, Unilever, Kawan Foods, and others.

Companies Mentioned:

  • Nestle
  • Cargill
  • Nema Food Company
  • Midamar
  • Namet Gida
  • Banvit Meat and Poultry
  • Carrefour
  • Isla Delice
  • Casino
  • Tesco
  • Halal-ash
  • Al Islami Foods
  • BRF
  • Unilever
  • Others

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Dynamics

4. Market Segmentation

5. Competitive Landscape

6. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/dfvg44/global_halal_food

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Food, Beverage

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Food, Beverage