Halal Products Market Leading Manufacturers With Latest Trends Forecast To 2027

The recent past has witnessed a rampant rise in demand for halal-certified products. This is mainly attributed to rampant growth in demand from end-use industries such as meat, beverages, and processed food. The halal products market is also diversifying from food segment to healthcare, pharmaceutical, toiletries, and other personal care products.

The growth of Muslim population is the major driving factor of this market. Moreover, the rising development in the East and South East Asian countries has led to the increase in purchasing power among the population, further, augmenting the growth of Halal products market. The improvement in the supply chain in the retail sector is adding to the demand for Halal food products thereby adding to the growth of the halal products. Further, multilateral trade agreements and rise in consumption of halal products by other communities has boosted the flow of halal products in the global market.. However, the major restraint of halal products is the absence of standards of halal products globally and the companies operating in this field are required to seek certification from each country separately.

Top Key Players in Halal Products  market: Nestle, S.A., Cargill, , The, Coca, Cola, Company, Kellogg’s, Company, Krafts, Food, Group, Inc., Unilever, Plc, GlaxoSmithKline, Plc, Al, Islami, Foods, L’Oreal, S.A.

Regional Analysis:

The market research report on the global Halal Products market offers complete analysis across various regions around the globe. The report contains detailed country-level analysis, market revenue, market value and forecast analysis for the following countries and regions: Geographically, the comprehensive analysis of ingestion, revenue and Market share and growth speed, historical and forecast (2021-2027) of these regions are covered:

Pharmaceuticals and Cosmetics are the new addition to the Halal Products market along with health supplements. For instance, L’Oreal has obtained halal certification for its ingredients to cater the demands. Moreover, the online platform has seen major growth due to increased smart phone penetration in the emerging countries.

Halal Products Market outlook:

• Asia pacific market is expected to show significant growth during the forecast period owing to the rise in the Muslim population. Moreover, the growth of retail sector in countries like India, China, Malaysia, and Indonesia are further increasing the growth of Halal products in Asia pacific.
• The halal products market in Europe has a steady growth owing to the less Muslim population in the region. However, Halal product market is rising due to increase in number of manufacturers in the region and non- Muslim consumers getting attracted due to the products safety and hygiene.
• The Middle East and Africa are expected to have substantial market growth in the forecast year owing to the increase of Muslim population in the region. Moreover, the rise of development in the countries and the disposable income has been a major driving factor for the growth of Halal product market. In addition, the increasing number of the certified Halal product producers has substantially augmented the demand in the area.

Key developments:

In January 2017, Cargill Meat Solutions Corp. acquired halal certification from The Islamic Society of California Branch for processing and packaging of halal beef.

In April 2014, PT Cargill Indonesia Cocoa and Chocolate Gresik announced plans to produce halal cocoa products, which includes ensuring all materials and techniques are halal certified and to arrange and implement Halal Assurance System.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com 

The recent past has witnessed a rampant rise in demand for halal-certified products. This is mainly attributed to rampant growth in demand from end-use industries such as meat, beverages, and processed food. The halal products market is also diversifying from food segment to healthcare, pharmaceutical, toiletries, and other personal care products.

The growth of Muslim population is the major driving factor of this market. Moreover, the rising development in the East and South East Asian countries has led to the increase in purchasing power among the population, further, augmenting the growth of Halal products market. The improvement in the supply chain in the retail sector is adding to the demand for Halal food products thereby adding to the growth of the halal products. Further, multilateral trade agreements and rise in consumption of halal products by other communities has boosted the flow of halal products in the global market.. However, the major restraint of halal products is the absence of standards of halal products globally and the companies operating in this field are required to seek certification from each country separately.

Top Key Players in Halal Products  market: Nestle, S.A., Cargill, , The, Coca, Cola, Company, Kellogg’s, Company, Krafts, Food, Group, Inc., Unilever, Plc, GlaxoSmithKline, Plc, Al, Islami, Foods, L’Oreal, S.A.

Regional Analysis:

The market research report on the global Halal Products market offers complete analysis across various regions around the globe. The report contains detailed country-level analysis, market revenue, market value and forecast analysis for the following countries and regions: Geographically, the comprehensive analysis of ingestion, revenue and Market share and growth speed, historical and forecast (2021-2027) of these regions are covered:

Pharmaceuticals and Cosmetics are the new addition to the Halal Products market along with health supplements. For instance, L’Oreal has obtained halal certification for its ingredients to cater the demands. Moreover, the online platform has seen major growth due to increased smart phone penetration in the emerging countries.

Halal Products Market outlook:

• Asia pacific market is expected to show significant growth during the forecast period owing to the rise in the Muslim population. Moreover, the growth of retail sector in countries like India, China, Malaysia, and Indonesia are further increasing the growth of Halal products in Asia pacific.
• The halal products market in Europe has a steady growth owing to the less Muslim population in the region. However, Halal product market is rising due to increase in number of manufacturers in the region and non- Muslim consumers getting attracted due to the products safety and hygiene.
• The Middle East and Africa are expected to have substantial market growth in the forecast year owing to the increase of Muslim population in the region. Moreover, the rise of development in the countries and the disposable income has been a major driving factor for the growth of Halal product market. In addition, the increasing number of the certified Halal product producers has substantially augmented the demand in the area.

Key developments:

In January 2017, Cargill Meat Solutions Corp. acquired halal certification from The Islamic Society of California Branch for processing and packaging of halal beef.

In April 2014, PT Cargill Indonesia Cocoa and Chocolate Gresik announced plans to produce halal cocoa products, which includes ensuring all materials and techniques are halal certified and to arrange and implement Halal Assurance System.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com