The global Halal Foods and Beverages market was valued at 146306.34 Million USD in 2021 and will grow with a CAGR of 5.76% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Halal food refers to food products that comply with Islamic Sharia Law. The rule restricts the usage of pork and its by-products, blood and its by-products, consuming the meat of an animal where the name of Allah has not been pronounced before slaughter, and animal being unhealthy or dead before slaughter. The rule also restricts consumption of meat of carnivorous animals, alcohol as well as food and beverages containing alcohol.On the basis of the type, it is segmented into bakery & confectionery, beverages, sweet & savory snacks, dairy & frozen desserts, meat & meat products, oils & fats, and others. The bakery & confectionery segment is dominating owing to increase in the demand for halal ingredients for the preparation of bakery & confectionery products. Moreover, shifting consumer preferences for convenience food has resulted in the growth of dairy & frozen desserts segment.

By Market Verdors:

American Halal Company

Cleone Foods

Nestle

Al Islami Foods

BRF

QL Foods

Beijing Shunxin Agriculture

Midamar Corporation

By Types:

Bakery

Beverages

Meat Products

By Applications:

Hypermarket & Supermarket

Food & Drink Specialists

Convenience Stores

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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