PUBLISHER: TechNavio | PRODUCT CODE: 1684928
PUBLISHER: TechNavio | PRODUCT CODE: 1684928
The halal food market is forecasted to grow by USD 355 billion during 2024-2029, accelerating at a CAGR of 3.6% during the forecast period. The report on the halal food market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing consumer expenditure on halal food, expansion of halal food production facilities, and strong distribution network between halal food manufacturers and retailers.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 3.4% |
CAGR | 3.6% |
Incremental Value | $355 bn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's halal food market is segmented as below:
By Product
By Distribution Channel
By Type
By Geographical Landscape
This study identifies the growth of organized retail sector as one of the prime reasons driving the halal food market growth during the next few years. Also, introduction of blockchain in halal food market and wide assortment of specialty products under halal food category will lead to sizable demand in the market.
The report on the halal food market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading halal food market vendors that include Al Islami Foods, Cargill Inc., CJ CheilJedang Corp., Daesang Corp., Flying Trade Group PLC, Glanbia PLC, Johnsonville LLC, Kawan Food Berhad, Midamar Corp., Nema Food Inc., Nestle SA, Prairie Halal Foods, QL Foods SDN Bhd, Raj Foods Ltd., Ramly Food Processing, Sadia, Tahira Foods Ltd., Tesco PLC, The American Halal Co. Inc., and Unilever PLC. Also, the halal food market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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