DUBLIN--(BUSINESS WIRE)--The "Global Halal Food & Beverage Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
Global halal food & beverage market was valued at USD 670 million in 2016. Halal food is a large segment serving the global Muslim population, while also gaining attention of a wider global audience.
The halal market has, for many years, been uncharted territory. In terms of market research, trade data and analysis, and the preferences and spending habits of 1.6 billion consumers, the halal marketplace is still a very young, continually evolving commercial arena. It is, in effect, a new market paradigm that crosses geographic, cultural and even religious boundaries. To meet the halal requirement, food producers are encouraged to follow the standards that in line with global benchmarks, such as ISO9000, Codex Alimentarius, QA, HACCP, GHP, and Standard Operating Procedures (SOPs).
The halal market has witnessed a universal shift in the demand and supply chains of halal food products. They are increasingly made available in Western-style grocery stores including supermarkets and hypermarket chains. In many western countries, supermarkets and food producers are starting to reach out to Muslim consumers by offering a wider selection of halal food products.
From a market perspective, the traditional major target markets remain in Asia-Pacific and the Middle East. However, halal markets in the UK, Europe, and the USA will see their roles in the development of the halal market significantly enhanced, as they are markets that play defining roles in other markets around the world. It will bring halal into the global mainstream.
- American Foods Group
- Namet Gida
- Banvit Meat and Poultry
- Tahira Foods
- Saffron Road
- Arman Group
- Al Islami Foods
- OneWorld Foods
Key Topics Covered:
2. Research Approach and Methodology
3. Market Overview
4. Market Dynamics
5. Market Segmentation
6. Competitive Landscape
7. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/nd2ln6/global_halal_food?w=4