Global Halal Food Ingredients Market Size Study, by Type, by Source, by Application, and Regional Forecasts 2022-2032

Description

The Global Halal Food Ingredients Market, valued at USD 58.4 billion in 2023, is expected to grow at a compound annual growth rate (CAGR) of 6.0% during the forecast period 2024-2032. Halal food ingredients are substances that comply with Islamic dietary laws, free from any prohibited elements like alcohol, blood, and pork. These ingredients find applications in various industries, including food & beverages, pharmaceuticals, and cosmetics, making them essential in the production of halal-certified products.

The rise in global target population and the growing demand for halal products across both Muslim-majority and non-Muslim-majority regions are significant factors driving the growth of the halal food ingredients market. Additionally, the perception of halal products as cleaner, safer, and healthier options is attracting a broader consumer base, including non-Muslims, thus expanding the market. The surge in e-commerce platforms has made halal-certified products more accessible worldwide, further boosting market growth. However, challenges such as inconsistent halal certification standards and lack of consumer awareness about halal certification hinder the market's full potential. As more companies invest in the development of halal-certified ingredients and formulations, the market is expected to continue growing, especially in regions like Asia-Pacific and the Middle East.

The Asia-Pacific region is the fastest-growing region in the global halal food ingredients market. This rapid growth is primarily driven by the significant Muslim population in countries such as Indonesia, Malaysia, India, and Pakistan, which creates a substantial demand for halal food products. Additionally, increasing awareness about halal food standards and a growing preference for certified halal ingredients among both Muslim and non-Muslim consumers are contributing to market expansion.

Economic growth in the region has also led to higher disposable incomes, enabling consumers to spend more on premium and certified food products. Governments and regulatory bodies in the Asia-Pacific region are actively promoting halal certification, ensuring that food products meet the necessary religious and quality standards. Furthermore, the region's robust food manufacturing and processing industries are increasingly focusing on halal certification to cater to domestic and international markets.

Major Market Players Included in this Report:

QL Foods
Midamar Corporation
Al Islami Foods
Merck
Dagang Halal Group
Cargill, Inc.
Tahira Foods Limited
Nestle S.A.
Prima Agri-Products
Saffron Road
Halagel (M) Sdn Bhd
Solvay S.A.
PureCircle Limited
DowDupont Inc.
Tate & Lyle PLC

The detailed segments and sub-segment of the market are explained below:

By Type:

Proteins
Gelatin & Collagen
Enzymes & Emulsifiers
Flavors & Colors
Other Ingredients

By Source:

Plant-based
Animal-based
Synthetic

By Application:

Food & Beverages
Bakery & Confectionery
Dairy & Frozen Desserts
Others

By Region:

North America
U.S.
Canada
Europe
France
Germany
Italy
Spain
UK
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
South Africa
Saudi Arabia
Rest of Middle East and Africa

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of geographical landscape with Country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Halal Food Ingredients Market Executive Summary

1.1. Global Halal Food Ingredients Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Source
- 1.3.3. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Halal Food Ingredients Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Halal Food Ingredients Market Dynamics

3.1. Market Drivers
- 3.1.1. Rise in Muslim Population and Demand for Halal Products
- 3.1.2. Growing Health Awareness and Consumer Preferences
- 3.1.3. Expansion of E-Commerce for Halal Products
3.2. Market Challenges
- 3.2.1. Lack of Consistent Halal Certification
- 3.2.2. Low Consumer Awareness and Education
3.3. Market Opportunities
- 3.3.1. Innovation in Halal Formulations
- 3.3.2. Increasing Demand for Halal Ingredients Beyond Traditional Regions
- 3.3.3. Expansion into Non-Muslim Markets
3.4. COVID-19 Impact Analysis
3.5. Market Restraints
- 3.5.1. Regulatory Barriers and Fragmented Standards

Chapter 4. Global Halal Food Ingredients Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Halal Food Ingredients Market Size & Forecasts by Type (2022-2032)

5.1. Segment Dashboard
5.2. Global Halal Food Ingredients Market: Type Revenue Trend Analysis, 2024 & 2034 (USD Billion)
- 5.2.1. Proteins
- 5.2.2. Gelatin & Collagen
- 5.2.3. Enzymes & Emulsifiers
- 5.2.4. Flavors & Colors
- 5.2.5. Other Ingredients

Chapter 6. Global Halal Food Ingredients Market Size & Forecasts by Source (2022-2032)

6.1. Segment Dashboard
6.2. Global Halal Food Ingredients Market: Source Revenue Trend Analysis, 2024 & 2034 (USD Billion)
- 6.2.1. Plant-based
- 6.2.2. Animal-based
- 6.2.3. Synthetic

Chapter 7. Global Halal Food Ingredients Market Size & Forecasts by Application (2022-2032)

7.1. Segment Dashboard
7.2. Global Halal Food Ingredients Market: Application Revenue Trend Analysis, 2024 & 2034 (USD Billion)
- 7.2.1. Food & Beverages
- 7.2.2. Bakery & Confectionery
- 7.2.3. Dairy & Frozen Desserts
- 7.2.4. Others

Chapter 8. Global Halal Food Ingredients Market Size & Forecasts by Region (2022-2032)

8.1. North America Halal Food Ingredients Market
- 8.1.1. U.S. Halal Food Ingredients Market
  - 8.1.1.1. Type breakdown size & forecasts, 2022-2032
  - 8.1.1.2. Source breakdown size & forecasts, 2022-2032
  - 8.1.1.3. Application breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Halal Food Ingredients Market
- 8.1.3. Mexico Halal Food Ingredients Market
8.2. Europe Halal Food Ingredients Market
- 8.2.1. France Halal Food Ingredients Market
- 8.2.2. Germany Halal Food Ingredients Market
- 8.2.3. Italy Halal Food Ingredients Market
- 8.2.4. Spain Halal Food Ingredients Market
- 8.2.5. UK Halal Food Ingredients Market
- 8.2.6. Russia Halal Food Ingredients Market
- 8.2.7. Rest of Europe Halal Food Ingredients Market
8.3. Asia-Pacific Halal Food Ingredients Market
- 8.3.1. China Halal Food Ingredients Market
- 8.3.2. Japan Halal Food Ingredients Market
- 8.3.3. India Halal Food Ingredients Market
- 8.3.4. South Korea Halal Food Ingredients Market
- 8.3.5. Malaysia Halal Food Ingredients Market
- 8.3.6. Indonesia Halal Food Ingredients Market
- 8.3.7. Rest of Asia-Pacific Halal Food Ingredients Market
8.4. LAMEA Halal Food Ingredients Market
- 8.4.1. Brazil Halal Food Ingredients Market
- 8.4.2. Saudi Arabia Halal Food Ingredients Market
- 8.4.3. UAE Halal Food Ingredients Market
- 8.4.4. South Africa Halal Food Ingredients Market
- 8.4.5. Argentina Halal Food Ingredients Market
- 8.4.6. Rest of LAMEA Halal Food Ingredients Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. QL Foods
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Midamar Corporation
- 9.3.3. Al Islami Foods
- 9.3.4. Merck
- 9.3.5. Dagang Halal Group
- 9.3.6. Cargill, Inc.
- 9.3.7. Tahira Foods Limited
- 9.3.8. Nestle S.A.
- 9.3.9. Prima Agri-Products
- 9.3.10. Saffron Road
- 9.3.11. Halagel (M) Sdn Bhd
- 9.3.12. Solvay S.A.
- 9.3.13. PureCircle Limited
- 9.3.14. DowDupont Inc.
- 9.3.15. Tate & Lyle PLC

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes