Latest Report: Trends and Top Manufacturers analysis of “Halal Food Market” Forecast to 2023
The halal industry is based on a belief that Muslims should eat food and use goods such as cosmetics that are “halalan toyibban”, which means permissible and wholesome. In fact, the halal market is non-exclusive to Muslims, and has gained increasing acceptance among non- Muslim consumers who associate halal with ethical consumerism.
The Arabic word for “permitted.” Halal is commonly seen as “Halal” which means food that is permitted under Islamic guidelines as found in the Qu’ran Most food and drinks are considered Halal unless they are clearly stated as forbidden in the Qur’an (holy book of Islam) and hadith (prophetic traditions).
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Actually, the halal industry has now expanded beyond the food sector to include pharmaceuticals, cosmetics, health products, toiletries and medical devices as well as service sector components such as logistics, marketing, print and electronic media, packaging, branding, and financing. In addition, the halal food marketplace is emerging as one of the most profitable and influential market arenas in the world food business today.
In consumption market, the global consumption value of halal food increases with the 8.14% average growth rate. East Asia and Middle East & North Africa are the mainly consumption regions due to the bigger demand of downstream applications. In 2015, these two regions occupied 56.83% of the global consumption volume in total.
Halal food has mainly three types, which include fresh products, frozen salty products, processed products and others. With large number of Islam population and economy development, the consumers will need more halal food products. So, halal food has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce high purity and good taste halal food through improving technology.
The major raw materials for halal food are fresh meat, food seasoning, packing materials and other additives. Fluctuations in the price of the upstream product will impact on the production cost of halal food, and then impact the price of halal food. The production cost of halal food is also an important factor which could impact the price of halal food. The halal food manufacturers are trying to reduce production cost by developing production method.
Over the next five years, projects that Halal Food will register a 6.1% CAGR in terms of revenue, reach US$ 1630 million by 2023, from US$ 1140 million in 2017.
This report studies the global market, top players:
Nema Food Company
Banvit Meat and Poultry
Al Islami Foods
Halal Food market Report covers the manufacturers’ data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. Halal Food market report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Frozen Salty Products
Split by applications, this report focuses on sales, market share and growth rate in each application, can Restaurant
The concluding paragraph of the Halal Food market report reveals research findings, results, conclusions. Similarly discloses various Halal Food industry data sources, traders/distributors, suppliers, manufacturers, sales channel, and appendix. In a word, the overall Halal Food market report is a valuable document for people interested in Halal Food market.
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Major Points in TOC:
Chapter Two: Global Halal Food Market Sales, Revenue (Value) and Share by Players
2.1 Global Halal Food Market Sales and Share by Players in 2016 and 2017
2.1.1 Global Halal Food Market Sales by Players in 2016 and 2017
2.1.2 Global Halal Food Market Sales Share (%) by Players in 2016 and 2017
2.2 Global Halal Food Market Revenue and Share by Players in 2016 and 2017
2.2.1 Global Halal Food Market Revenue by Players in 2016 and 2017
2.2.2 Global Halal Food Market Revenue Share (%) by Players in 2016 and 2017
2.3 Global Halal Food Market Average Price by Players in 2016 and 2017
2.4 Global Halal Food Market Manufacturing Base Distribution, Sales Area, Product Types by Players
2.4.1 Global Halal Food Market Manufacturing Base Distribution and Sales Area by Players
2.4.2 Players Halal Food Market Product Types
2.5 Halal Food Market Competitive Situation and Trends
2.5.1 Halal Food Market Concentration Rate
2.5.2 Halal Food Market Share of Top 3 and Top 5 Players
2.5.3 Mergers & Acquisitions, Expansion
Chapter Three: Global Halal Food Market Sales, Revenue (Value) by Regions, Type and Application (2013-2018)
3.1 Global Halal Food Market Sales, Revenue and Share by Regions (2013-2018)
3.1.1 Global Halal Food Market Sales and Share by Regions (2013-2018)
3.1.2 Global Halal Food Market Revenue and Share by Regions (2013-2018)
3.2 Global Halal Food Market Sales, Revenue, Share and Price by Type (2013-2018)
3.2.1 Global Halal Food Market Sales and Share by Type (2013-2018)
3.2.2 Global Halal Food Market Revenue and Share by Type (2013-2018)
3.2.3 Global Halal Food Market Price by Type (2013-2018)
3.3 Global Halal Food Market Sales and Share by Application (2013-2018)
3.3.1 Global Halal Food Market Sales by Application (2013-2018)
3.3.2 Global Halal Food Market Sales Share by Application (2013-2018)
3.4 Global Halal Food Market Sales, Revenue, Price and Gross Margin (2013-2018)
Related Report Links: http://www.reuters.com/brandfeatures/venture-capital/article?id=44468 ,
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