Pre & Post COVID-19 Market Estimates-Halal Food Market 2019-2023 | Demand of Halal Food to Boost Growth | Technavio

Technavio has announced its latest market research report titled Global Halal Food Market 2019-2023 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the halal food market and it is poised to grow by USD 655.1 billion during 2019-2023, progressing at a CAGR of almost 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Al Islami Foods, BRF SA, Humza Foods, Saffron Road, and Unilever Group are some of the major market participants. The demand of halal food will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Demand of halal food has been instrumental in driving the growth of the market.

Halal Food Market 2019-2023: Segmentation

Halal food market is segmented as below:

  • Product
    • Halal Meat, Poultry, and Seafood
    • Halal Bakery, Confectionary, and Cocoa
    • Halal Fruits, Vegetables, and Nuts
    • Halal Beverages, Halal Cereals, Seeds, and Grains
    • Halal Oils, Fats, and Waxes
    • Other Halal Foods
  • Distribution Channel
    • Offline Distribution Channel
    • Online Distribution Channel
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

To learn more about the global trends impacting the future of market research, download latest free sample report of 2020-2024: https://www.technavio.com/talk-to-us?report=IRTNTR31604

Halal Food Market 2019-2023: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our halal food market report covers the following areas:

  • Halal Food Market Size
  • Halal Food Market Trends
  • Halal Food Market Industry Analysis

This study identifies introduction of blockchain as one of the prime reasons driving the halal food market growth during the next few years.

Halal Food Market 2019-2023: Vendor Analysis

We provide a detailed analysis of vendors operating in the halal food market, including some of the vendors such as Al Islami Foods, BRF SA, Humza Foods, Saffron Road, and Unilever Group. Backed with competitive intelligence and benchmarking, our research reports on the halal food market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Halal Food Market 2019-2023: Key Highlights

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will assist halal food market growth during the next five years
  • Estimation of the halal food market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the halal food market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of halal food market vendors

Table Of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Halal meat, poultry, and seafood - Market size and forecast 2018-2023
  • Halal bakery, confectionery, and cocoa - Market size and forecast 2018-2023
  • Halal fruits, vegetables, and nuts - Market size and forecast 2018-2023
  • Halal beverages - Market size and forecast 2018-2023
  • Halal cereals, seeds, and grains - Market size and forecast 2018-2023
  • Halal oils, fats, and waxes - Market size and forecast 2018-2023
  • Other halal foods - Market size and forecast 2018-2023
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

  • Distribution channel segmentation
  • Offline distribution channel – Market size 2018
  • Online distribution channel – Market size 2018

PART 09: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Increasing online presence of vendors
  • Introduction of blockchain in halal food market
  • Wide assortment of specialty products under halal food category

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Al Islami Foods
  • BRF SA
  • Humza Foods
  • Saffron Road
  • Unilever Group

PART 15: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 16: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The global halal food market size will grow by USD 655.1 billion during 2019-2023 at a CAGR of almost 8%.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/