Revenue of the cosmetic & beauty industry in the U.S. 2002-2022, Value of the leading global textile exporters in 2021, by country, Vegetable oils: global consumption 2013/14 to 2022/23, by oil type, Cocoa bean production worldwide 2020/2021-2022/2023, by country, World coffee per capita consumption: major consumer countries 2015, Cosmetics industry in the U.S. - statistics & facts, Research expert covering agriculture & FMCG, Profit from additional features with an Employee Account. dollars)." Dollars). decades. 2.1 Introduction started to look at halal in terms of policy formation for Global Halal Market Size to reach $11.2 trillion by 2028 Growing demand for quality foods and the rise in halal certification requirement is expected to increase consumption of halal food over the projected period. Competitive Rivalry3.7. Product Benchmarking9.4.4. of more than 750 million Muslims and attractive travel destinations from Cape Town to Kenya, makes Africa a potential halal market. CONNECTING ALL ASPECTS OF THE ENTIRE ISLAMIC WORLD, FROM LOCAL TO GLOBAL, UNDER UNIFIED CIRCLE H GLOBAL HALAL STANDARDS AND THE BRAND, All Rights Reserved for CH Group Family of Companies, Solo-Dex Announces Exclusive Distribution Agreement With CH Trading Group, CH GROUP ANNOUNCES DEVELOPMENT OF OVERSEAS DATA CENTERS IN PARTNERSHIP WITH CROWDPOINT TECHNOLOGIES, Celularity Announces Halal Certification of its Advanced Cellular Therapeutics, Biomaterial Products and Business Model, CIRCLE H INTERNATIONAL () SHARIA ADVISORY COUNCIL ISSUES FATWA FOR USE OF STEM CELLS, Scilex Holding Company, a Sorrento Company, Announces Exclusive Product Distribution Agreement with CH Trading Group LLC to Expand Commercialization of ZTlido across certain designated territories including Middle East and North Africa, Shariah Compliant Hotel Concept And Practices, News | The Global Halal Industry: An Overview. Use Ask Statista Research Service, Chicken meat price in Saudi Arabia 2011-2020, Nestl's sales share in Zone EUR 2021-2022, by product categories, Almarai's dairy food market share 2017-2020, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. 6.3 Market Positioning - Global Halal Cosmetics Market Players. Financial Performance9.6.3. Product Benchmarking9.3.4. 4.1 Introduction With an increase in the demand, manufactures have widened their product portfolio by introducing several value-added food items, including hot dogs, soups, candies, burgers, sandwiches, cookies, creams and pizzas. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. use the Halal industry toward achieving its 2035 National Vision. Learn more about how Statista can support your business. 2.2.1 Primary Sources With the younger generation emerging as more conscious consumers, the overall spending on halal products is increasing.Earlier, the choice of halal cosmetics used to be limited, however, over the past few years there has been an increase in the demand for these products, which has led to a consequent rise the number of halal-certified cosmetic manufacturers in the market. Also, the slowdown in demand for meat products due to safety and hygiene concerns during the pandemic negatively influenced the industry. The global halal food industry is expected to witness a CAGR of 3.6% during the forecast period owing to . The halal The rapid digital transformation brought on by Muslim and non-Muslim consumers looking for healthy, flavorful, and convenient meals that can be delivered at home, will boost the segment growth. The rising trend of certified products in the region is increasing product visibility among consumers, which will further bolster the market in the region. Between 2019 and 2020, the halal food sector was the leading halal industry with investments worth over 6.11 billion U.S. dollars. There is now a wave of religious As a Premium user you get access to the detailed source references and background information about this statistic. 6.4.3 Rest of South America In the Americas the number of Muslim is expected to double during the same period. North America, Europe, Asia Pacific, South America, Middle East and Africa, Prima Quality Food Industries Sdn Bhd,The Halal Food Company,Cargill Incorporated,Pacmoore Products Inc.,Al Islami Foods,Halal Fine Foods,Nestl S.A.,Wellmune (Kerry Plc),Kewpie Corporation,YHS (SINGAPORE) PTE LTD,Others. 2030.3 Four of the ten countries in the world boasting https://www.researchandmarkets.com/r/18sy7? For example, the UK and Schengen visa waiver plan for UAE nationals, as well as the Tourism Authority of Thailand (TAT) expanding its tourism marketing budget, are likely to boost the halal tourism industry. hospitality services as well as fashion. As a Premium user you get access to background information and details about the release of this statistic. Business Environment Analysis3.6.1. Chapter 7 Competitive Landscape Global Halal Food Market Overview: Halal food refers to food and beverages that are cooked strictly as per the norms outlined in Islamic dietary regulation. These products are free from any parts or materials derived from a human body. The Halal market is expected to be restrained to some degree during the forecast period due to strict regulations imposed by regulatory bodies in various regions on the use of Halal in the automotive industry. Market estimates and forecast for meat & alternatives 2017-2030, (USD Million)5.3. "Value of Investment in Halal Products Worldwide in 2019 and 2020, by Sector (in Million U.S. As such, the Halal industry encompasses a much broader area of products and services, including personal healthcare, cosmetics, travel & tourism and financial services. Chapter 5 Halal Market by Product, 2019-2028 (in USD Million) Thus, making it one of the fastest growing consumer segments in the world. Buyer Power3.6.1.3. Halal is widely used for various end uses in food and beverages, owing to their excellent properties and the market is expected to gain traction over the coming years, With the growing personal care uses, there is a rise in the demand for Halal which is further expected to have a positive impact on the overall market growth, The study on the global Halal market includes qualitative factors such as drivers, restraints, and opportunities, The study covers the competitive landscape of existing/prospective players in the Halal industry and their strategic initiatives for the product development. Al-Falah Halal Foods9.5.1. The product is made from a combination of sunflower protein sourced from an organic non-GMO farm, fava beans, and peas. and non-Muslims alike. What are the various stages in the value chain of the global halal food market? about USD 560 billion a year. For this study, Grand View Research has segmented the halal food and beverage market report based on product, distribution channel, and region. mainstream products and services that conform to to incorporate the statistic into your presentation at any time. What are the major distribution channels in the global halal cosmetics industry? Global Halal Cosmetics Market Analysis - By Product Type 7.1 Overview 7.2 Global Halal Cosmetics Market Breakdown, by Product . Many Western The demand for frozen food products, fruits & vegetables, eggs, flour, and whole grains, among others, witnessed a considerable increase during the early stages of the crisis. How has the market performed so far and how will it perform in the coming years? In the Company Overview9.10.2. Manufacturers have broadened their product line in response to increased demand by developing many value-added food items. 6.3.1 China Muslim consumption, and fast becoming a new outlet Besides, manufacturers are also using social media platforms such as YouTube, Facebook, and Instagram to influence consumers on a large scale. fastest growing consumer segments in the world. Market estimates and forecast through others, 2017-2030, (USD Million)Chapter 7. 2020-03-03; The global halal industry is estimated to be worth around USD2.3 trillion (excluding Islamic finance). Strategic Initiatives9.5. press@researchandmarkets.com confined to food and food related products. Market estimates and forecast for milk & milk products 2017-2030, (USD Million)5.4. Actual market sizes and forecasts have been provided for all the above-mentioned segments. a world-wide market phenomenon for both Muslims 5 Global Halal Food Market . Chapter 2 Research Methodology Technological advancement and investment in the global halal industry are expected to increase its market concentration. 5.8 Cosmetics To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Product Benchmarking9.6.4. What are the key product types in the global halal cosmetics industry? With over five million residents, the Valley of the Sun remains the 2 nd fastest growing metro in the nation and ranks 10 th overall by total population.. Phoenix supports a dynamic entrepreneurial community and is a preferred location for finance, technology and advanced . Although their core religious values , , , , , , Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, "Halal Food and Beverage Market Size, Share & Trends Analysis Report by Product (Grain Products), by Distribution Channel (Hypermarket & Supermarket), by Region, and Segment Forecasts, 2022-2030". 5.4 Tourism The appendage of Halal toa product is not just a guarantee that the product is Company Overview9.8.2. 6.1.1 U.S. increasing demand for halal products and services. Market overview. 1.2 Market Definition and Scope Halal meat has always been a remarkable business segment. Players Financial Performance9.5.3. Looking forward, the publisher expects the global halal cosmetics market to exhibit moderate growth during the next five years.Global Halal Cosmetics Market Drivers:The market is driven by an increasing Muslim population, which now accounts for over a fifth of the global population. 2.2.2 Secondary Sources , . For instance, in 2016, Al Islami Foods, a Dubai-based halal food producer announced that it is planning to open a new halal food factory in Brazil. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). This growth can be attributed to the presence of several regulatory bodies and a combination of the religious and cultural populations in the region.Competitive Landscape:The competitive landscape of the market has also been examined with some of the key players being QL Foods Sdn Bhd, Al Islami Foods Co., DagangHalal Group, Saffron Road, Kawan Foods Berhad, Janan Meat Ltd, Prima Agri-Products Sdn Bhd, Cargill, Inc., BRF S.A., Nestle S.A., Tahira Foods Ltd., and Al-Falah Halal Foods Ltd.Key Questions Answered in This Report: Key Topics Covered: 1 Preface2 Scope and Methodology2.1 Objectives of the Study2.2 Stakeholders2.3 Data Sources2.4 Market Estimation2.5 Forecasting Methodology3 Executive Summary4 Introduction4.1 Overview4.2 Key Industry Trends5 Global Halal Food Market5.1 Market Overview5.2 Market Performance5.3 Impact of COVID-195.4 Price Analysis5.5 Market Breakup by Product5.6 Market Breakup by Distribution Channel5.7 Market Breakup by Region5.8 Market Forecast5.9 SWOT Analysis5.10 Value Chain Analysis5.10.1 Overview5.10.2 Suppliers5.10.3 Food Processors5.10.4 Distributors5.10.5 Retailers5.10.6 Exporters5.10.7 End-Users5.11 Porters Five Forces Analysis6 Market Breakup by Product6.1 Meat, Poultry & Seafood6.2 Fruits & Vegetables6.3 Dairy Products6.4 Cereals & Grains6.5 Oil, Fats & Waxes6.6 Confectionery 6.7 Others7 Market Breakup by Distribution Channel7.1 Traditional Retailers7.2 Supermarkets & Hypermarkets7.3 Online7.4 Others8 Market Breakup by Region9 Competitive Landscape9.1 Market Structure9.2 Key Players9.3 Profiles of Key Players, For more information about this report visit https://www.researchandmarkets.com/r/ad1baa, "Halal Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", https://www.researchandmarkets.com/r/ad1baa. Consumer Product Adoption4.5. Recently, in October 2019, the Government of Indonesia introduced mandatory halal labeling and certification rules, owing to which consumers nowadays prefer halal food. Available: https://www.statista.com/statistics/795516/global-halal-market-share-by-sector/, Market share of the halal industry worldwide from 2018 to 2024, by sector, Immediate access to statistics, forecasts & reports, Food & beverages consumer spending per capita in MENA 2020, by country, Real food & beverages consumer spending in MENA 2020, by country, Food and beverages market value Saudi Arabia 2013-2019, Retail expenditure on food and non-alcoholic beverages Saudi Arabia 2018-2025, Share of purchased categories after COVID-19 Saudi Arabia 2020, by platform, Dairy products consumption Saudi Arabia 2017-2019, Almarai's fresh milk market share 2017-2020, Ready meals retail sales value Saudi Arabia 2013-2023, Ready meals retail sales volume Saudi Arabia 2013-2023, Sauces sales value Saudi Arabia 2017-2025, Tomato paste sales volume Saudi Arabia 2017-2021, Tomato paste sales value Saudi Arabia 2017-2021, Almarai's dairy and juice revenue distribution Q3 2021, by product, Almarai's revenue of dairy and juice FY 2018-2023, Revenue of the soft drinks market worldwide by country 2022, Revenue of orange juice worldwide, by country 2022, Average spending per person per year on selected food and beverages China 2016-2017, FMCG sales value in the Netherlands 2016-2017, by category, Annual growth rate of quantity of FMCG sold in China 2015-2021, Average price of selected food and beverages in China 2016-2018, Annual growth rate of packaged goods sales in urban retail market in China 2012-2021, Italy: year-on-year growth of FMCG online sales 2018, FMCG unit value growth APAC Q1 2016 to Q4 2017, Annual growth rate of beverages sales in urban retail market in China 2012-2021, Leading personal care retailer market share in Belgium 2016, by category, Annual alcohol (hard liquor) production Sri Lanka 2005-2015, Online share of FMCG sales in China 2017, by category, UK: subscribers to leading FMCG food brands on YouTube channels 2021, Annual malt liquor production Sri Lanka 2005-2015, Annual growth rate of FMCG sales in urban market in China 2015-2021, FMCG shopping distribution in Russia 2019-2020, by basket size, Average FMCG volume growth in the CEE region 2019, Industry revenue of manufacturing in United Arab Emirates 2012-2024, Find your information in our database containing over 20,000 reports. Currently, you are using a shared account. For example, slaughtered halal animals undergo two health checks, as compared to the single inspection performed on other conventional animals. 6.3.2 Japan Sales/Retail Channel Analysis3.4.2. By signing up you agree to receive content from us. "Value of investment in halal products worldwide in 2019 and 2020, by sector (in million U.S. The rapidly increasing Muslim population and their psychological development are the main factors expected to drive the market during the forecast period. The companies are focusing more on altering their supply chains in order to reinforce their online presence and delivery measures, in an attempt to adapt to the present business environment. Well-established food manufacturers are expanding their production facilities in order to cater to the growing demand. Company Overview9.9.2. Halal Food & Beverage Market: Product Estimates & Trend Analysis5.1. According to an article published in Bloomberg, July 2021, In the U.S., sales of meat at grocery stores were down by more than 12% compared to the year before the pandemic. Poultry & Seafoods, Native Starch 6.2.3 Germany When typing in this field, a list of search results will appear and be automatically updated as you type. Chapter 6 Halal Market by Region, 2019-2028 (in USD Million) Cision Distribution 888-776-0942 Key Topics Covered: Chapter 1. According to this law, alcohol, blood, pork, by-products of pork and blood, animals that are dead before slaughtering, and those not killed in the name of Allah are considered 'haram' or impermissible for consumption. Then you can access your favorite statistics via the star in the header. Presently, most companies in the industry are faced with low consumption of their products and supply chain challenges. Get more with To use individual functions (e.g., mark statistics as favourites, set Supplier Power3.6.1.2. Accessed June 03, 2023. https://www.statista.com/statistics/795516/global-halal-market-share-by-sector/, Statista. Threat from New Entrant3.6.1.5. has been triggered by the change in the mind set of https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg, Global Dental Practice Management Software Market Report 2023: Featuring ACE Dental Software, Carestream Dental, CD Nevco, Datacon Dental & More, Global Virtual Power Plant Market Report 2022: High Investment in VPP Installations Is a Key Trend. Further, the convenience of physically verifying halal-certified products in these stores will vouch for the growth of this segment. The initiative was taken in response to the growing demand for vegan food, which will further integrate well with the market growth trend. Some of the key players operating in the halal food and beverage market include: Revenue in USD million/billion and CAGR from 2022 to 2030, Revenue forecast, company ranking, competitive landscape, growth factors, and trends, North America; Europe; Asia Pacific; Central & South America; Middle East & Africa, U.S.; U.K.; Germany; Italy; India; China; Indonesia; Brazil; South Africa. sustainability, environmental protection, and animal educated, savvy and affluent Muslims, who embraces To ensure the most secure and best overall experience on our website, we recommend the latest versions of, "Halal Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", https://www.researchandmarkets.com/r/8roxe3. 7.2.1 Mergers & acquisitions Industry Challenges3.5.4. According to an article published in Multidisciplinary Digital Publishing Institute (MDPI), in February 2022, 16% of halal-certified grain foods were consumed by buyers across the world. fervour amongst the rising social class of young, highly Financial Performance9.4.3. 2.4 Market Forecast change in recent years. Strategic Initiatives9.7. Some key players operating in the halal food and beverage market include Nestl S.A, Cargill, Incorporated, Unilever, American Halal Company, Inc., Al-Falah Halal Foods, Prima Agri-Products, One World Foods Inc., Midamar Corporation, QL Foods, and Rosen's Diversified Inc. b. As a Premium user you get access to the detailed source references and background information about this statistic. Mit Ihrer Anmeldung erklren Sie sich damit einverstanden, Inhalte von uns zu erhalten. The base year for the report is 2020 in halal market. 4.4 Market dynamics If you are an admin, please authenticate by logging in again. The market growth in the Asia Pacific can be attributed to the large religious and cultural population of the region that demand halal food. 7.2.2 New product launch it was followed by the halal food sector, which accounted for 31.46 percent of the total global halal market. Profit from the additional features of your individual account. According to an article published in the National Library of Medicine, in June 2020, 70% of consumers in England prefer halal meat over normal meat. Global Muslim market size in 2021 and 2025. permitted for Muslims, but it has also become a global Global Halal Food Market: Industry Analysis and Forecast (2022-2029). India, and Bangladesh. Company Overview9.7.2. The purpose of the study is to give an exhaustive outlook of the global Halal market. from every sector of the industry, from the huge At present, supermarkets and hypermarkets represents the largest segment, dominating the market. "Market share of the halal industry worldwide from 2018 to 2024, by sector ." 4.6 PEST analysis 6.5.3 South Africa 6.5.2 UAE Islamic economy, unlocking commercial opportunities. The global halal food and beverage market size was valued at USD 774.93 billion in 2021 and is expected to witness a compound annual growth rate (CAGR) of 3.6% from 2022 to 2030. 6.5 Middle East and Africa The changes in consumer buying behavior and the dynamic shifts towards online and D2C distribution channels may have serious implications on the near future growth of the industry. 6.2.2 France Moreover, halal food products are packaged and stored in utensils, which have been cleaned as per the prescribed guidelines. E-Commerce Strategic Initiatives9.9. in the South Asia and Pacific region: Indonesia, Pakistan, In February 2022, Chicken Cottage announced to enter the East African market through a franchising partnership agreement with Express Kitchen, a subsidiary of AAH Limited to expand their business line. Growing at an 5.7 Pharmaceuticals 6.3.3 India Try our business solution for free! Profit Margin Analysis3.5. What are the price trends of halal cosmetics? window.__mirage2 = {petok:"2wTjiy9C8KswJOFC3iOXEHwk2C5Z6kkMKkMut4E6guk-1800-0"}; Industry Analysis - Porter's3.6.1.1. multinationals down to small enterprises, are looking The global halal food and beverage market size was estimated at USD 774.93 billion in 2021 and is expected to reach USD 802.05 billion in 2022, b. 6.2.1 UK worldwide. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Muslims - such as Indonesia, Pakistan and Turkey - has For instance, Al Islami Foods Corporation offers a wide range of halal products via these stores across the United Arab Emirates (UAE). Taking into consideration the regional analysis, the Asia Pacific accounted for the largest market share in the total Halal market. The global halal cosmetics market reached a value of US$ 74.7 Billion in 2020. 7.2.4 Expansion According to an article published in Pew Research Centre, April 2019, there are 1.8 billion Muslims globally. Others6.5.1. However, despite accounting for two-thirds of yearly global capacity additions to 2030, China's share of global capacity could fall by nearly 10 percentage points by the end of the decade. Company Overview9.6.2. | Market Entry StrategiesChapter 4. Islamic values. For example, slaughtered halal animals undergo two health checks, as compared to the single inspection performed on other conventional animals. is evident by the participation and involvement of nonMuslim countries and organisations where halal is fast What is the structure of the market and who are the key players? South Asia and Asia Pacific and the number of Muslims Midamar Corporation9.8.1. Product Benchmarking9.2.4. Leading manufacturers worldwide experienced a reduction in labor and disruption in the import and export of halal food which significantly affected the consumption and sale capability. , . 6.2 Europe Free upgrade to enterprise license (allows to share across all company locations), 5. Become IslamicMarkets.com member We provide tools that help professionals and institutions steer the global Islamic economy, unlocking commercial opportunities. The confidence of consumers in halal brands has been the most influential factor in the actual purchase of these products. The halal market is non-exclusive to Muslims, and 2.3 Market Size Estimation Key factors driving the halal food and beverage market growth are attributed to the increasing Muslim population worldwide and growing concern regarding food safety, hygiene, and reliability. Furthermore, the governments of Singapore and Malaysia have consistently enticed Muslim travelers by providing superior infrastructure and healthcare. Company Overview9.1.2. Many are consciously seeking out products with an For U.S./CAN Toll Free Call 1-800-526-8630 been on the rise as more consumers are looking for high [Online]. May 6, 2021. Research and Markets. With the increase in the number of Muslims, the demand for these types of food has also increased, and this trend is anticipated to continue during the forecast period, hence, driving the market in this region. population or about 1.8 billion consumers with an With an increase in the demand, manufacturers have widened their product portfolio by introducing several value-added halal food items, including pasta, vegetable, juice, milk, yogurt, and cheese. enquiry@adroitmarketresearch.com +1 9726644514 +91 9665341414 Adroit Market Research - Industry Insights INDUSTRIES The product segmentation for Halal food accounted for 42.5% of the global market share in 2020. Our team is diligently working towards accounting these factors in our report with the aim of providing you with the up-to-date, actionable market information and projections. Global halal food index score 2020, by country. Currently, personal care products dominate the market, gaining immense popularity amongst both Muslim and non-Muslim population. If you are an admin, please authenticate by logging in again. What is the structure of the global halal cosmetics market and who are the key players? the Global Halal Industry: An Overview South America | 0.1% North America | 0.2% Sub Saharanbeen Africa | 15% South Asia & Asia Pacific | 62.1% Middle East North Africa | 19.9% Europe | 2.7% Figure 1: Breakdown of World Muslim Population Introduction Then you can access your favorite statistics via the star in the header. Please create an employee account to be able to mark statistics as favorites. 6.3.4 Rest of Asia Pacific has made it a lucrative market to be tapped into Chapter 4 Market Outlook Value of investment in halal products worldwide in 2019 and 2020, by sector (in million U.S. dollars) [Graph]. What are the various application segments in the global halal cosmetics industry? The sizable and growing Muslim consumer market across the globe will continue to fuel the halal industrys double digit growth, creating a plethora of opportunities in the market for halal products and services. for future growth. estimated annual rate of 20%, the industry is valued at 5.1 Introduction Halal food refers to food items and beverages that are strictly prepared according to the rules underlined by the Islamic dietary law. Alcohol, blood, pork, pig by-products, animals that are dead before slaughtering, and animals that are not slain in the name of Allah are all deemed haram, or unfit for food, according to this commandment. Specialty Stores Recently, in October 2019, the Government of Indonesia introduced mandatory halal labeling and certification rules, owing to which consumers nowadays prefer halal food. Cision Distribution 888-776-0942 consumerism towards halal products and services, and emerging as the standard of choice. The online distribution channel is anticipated to register faster growth during forecast years with a CAGR of 5.0% from 2022 to 2030. Islamic brand.6 With Muslim youth now accounting Strategic Initiatives9.6. Moreover, the emergence of halal friendly hotels in non-Muslim countries such as Thailand is expected to provide a potential opportunity for the halal tourism industry, in turn, driving the global halal market. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)8.3. What is the degree of competition in the global halal cosmetics market. Which are the popular distribution channels in the market? Besides this, several Islamic and non-Islamic countries are implementing stringent regulatory frameworks, which consist of globally accepted standards, to attract novel entrants in the market. welfare, the potential growth of the halal industry The global halal industry is also riding the boom and showing double-digit growth, with a CAGR of 23% of the global halal industry having a value of $560 billion We provide tools that help professionals and institutions steer the global Vendor Landscape8.3.1. This will enable the country to gain better market access by using OneAgrixs trading platform both regionally and globally. The global halal cosmetics market reached a value of US$ 74.7 Billion in 2020. The global halal industry is fragmented in nature as a large number of halal products manufacturers are operating in this market. The report will benefit: Every stakeholder involved in the Halal market. 1.1 Introduction to the Study Moreover, Unilever has opened a halal certified plant in the Philippines to cater to growing demand from South East Asia. Hypermarket & Supermarket6.2.1. Market Driver Analysis3.5.2. Mit Ihrer Anmeldung erklren Sie sich damit einverstanden, Inhalte von uns zu erhalten. With Growing demand for quality foods and the rise in halal certification requirement is expected to increase consumption of halal food over the projected period. Key players in the market are launching vegan products due to changing consumer perceptions of animal slaughter and suffering. In January 2021, Nigeria leveraged on public-private partnership with OneAgrix for better Agriculture and Halal market access under AfCFTA. For instance, in December 2021, Kitopi, a Dubai-based cloud kitchen raised USD 60 million in Series B funding in February 2020 and USD 415 million in Series C funding in July 2021 to help the company expand further in the Middle East and enter the Southeast Asian market. On the geographical front, Asia Pacific is the leading market for halal food, accounting for the majority of the total market share. from a religious viewpoint, but also they imbue a sense At present, most halal cosmetics are distributed across the globe with the use of several offline channels, such as boutiques, specialty stores, multi-brand stores and brand outlets.On the geographical front, Asia Pacific currently represents the largest market for halal cosmetics, accounting for the majority of the global share.Some of the key players operating in the market are: Key Topics Covered: 1 Preface2 Scope and Methodology2.1 Objectives of the Study2.2 Stakeholders2.3 Data Sources2.4 Market Estimation2.5 Forecasting Methodology3 Executive Summary4 Introduction4.1 Overview4.2 Key Industry Trends5 Global Halal Cosmetics Market5.1 Market Overview5.2 Market Performance5.3 Impact of COVID-195.4 Market Breakup by Product Type5.5 Market Breakup by Distribution Channel5.6 Market Breakup by Region5.7 Market Forecast5.8 SWOT Analysis5.9 Value Chain Analysis5.9.1 Overview5.9.2 Research and Development5.9.3 Raw Material Procurement5.9.4 Manufacturing5.9.5 Marketing5.9.6 Distribution5.9.7 End-Use5.10 Porters Five Forces Analysis5.11 Price Analysis5.11.1 Key Price Indicators5.11.2 Price Structure5.11.3 Margin Analysis6 Market Breakup by Product Type6.1 Personal Care Products6.1.1 Skin Care6.1.2 Hair Care6.1.3 Fragrances6.2 Color Cosmetics6.2.1 Face6.2.2 Eyes6.2.3 Lips6.2.4 Nails7 Market Breakup by Distribution Channel7.1 Online7.2 Offline, 8 Market Breakup by Region9 Halal Cosmetics Manufacturing Process9.1 Product Overview9.2 Raw Material Requirements9.3 Manufacturing Process9.4 Key Success and Risk Factors10 Competitive Landscape10.1 Market Structure10.2 Key Players10.3 Profiles of Key Players, For more information about this report visit https://www.researchandmarkets.com/r/g7d4pj, Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716. Discounted price for multiple reports across domains, 2. The global halal industry is estimated to be worth around include pharmaceuticals, cosmetics, health products, Show sources information Further, the production of halal-certified foods by key players in the market will increase product visibility among consumers. Online channel is anticipated to register faster growth during the forecast years owing to promising growth exhibited by e-commerce platforms, across. Penetration & Growth Prospect Mapping3.3. 5 Global Halal Food Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Price Analysis 5.5 Market Breakup by Product 5.6 Market Breakup by Distribution Channel For instance, in November 2019, Marks & Spencer launched its own-brand halal-ready meals, products including chicken arrabbiata, chicken and mushroom tagliatelle, chicken and leek bake, and chicken hotpot, chicken jalfrezi, and chicken tikka masala. 6.2.4 Spain For instance, over the past few years, Nestl opened halal food production facilities in Malaysia and Pakistan. , . ", SalaamGateway.com, Value of investment in halal products worldwide in 2019 and 2020, by sector (in million U.S. dollars) Statista, https://www.statista.com/statistics/1232976/global-value-of-investment-in-halal-products-by-sector/ (last visited June 03, 2023), Value of investment in halal products worldwide in 2019 and 2020, by sector (in million U.S. dollars) [Graph], SalaamGateway.com, November 16, 2020. Departmental Store6.3.1. has gained increasing acceptance among non-Muslim consumers who associate halal with ethical are now racing to gain a footing in the halal industry. Complimentary 10 hours free analyst time for market review, 3. Key global players, recent developments & their impact on the industry8.2. The meat & alternatives segment held the largest market share of 51.6% in 2021 and is expected to maintain dominance during the forecast period. A paid subscription is required for full access. Find the most up-to-date statistics additionally facts on the global halal market . These meals will be available in U.K., Dubai, and Singapore outlets, operated by Al-Futtaim. Key company market share analysis, 2021Chapter 9. and the Middle East, this region is home to only 20% of An increasing number of these stores across various regions have experienced a surge in the distribution of halal food in the market. (212) 419-8219 [email protected] . Report Overview. The global halal food and beverage market is expected to reach USD 1063.11 billion by 2030. The toiletries and medical devices as well as service sector , , , , , , Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, "Halal Cosmetics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", https://www.researchandmarkets.com/r/g7d4pj, Global Service Handgun Market Report 2023: North America holds the Largest Share, Global Mucosal Atomization Devices Market Report 2023: Gas-propelled Devices are Expected to be Fastest Growing Segment. set a new trend in the halal market. Some key players are Al Salam Bank-Bahrain, Al Rajhi Bank, INAYAH, MMA Bio Lab Sdn Bhd, Pharmaniaga, Midamar, Nema Food Co., Ivy Beauty Corporation Sdn Bhd, CLARA INTERNATIONAL BEAUTY GROUP, and Crescent Foods. investment - have gathered interest beyond its religious The migration of people from Muslim-dominated nations to other regions is a part of the vital dynamics responsible for the significantly rising Muslim population in the Asia-Pacific region. become a powerful market force, becoming increasingly Chart. Strategic Initiatives9.3. In recent years, with the increase in the number of Modified Starch The global halal market size was valued at USD 7.2 trillion in 2020. than half of the global Muslim population lives in the 5.2 Food and Beverages SalaamGateway.com. and is projected to grow by nearly 60% in the next two 6.4 South America //]]>. The disruption of the food supply chain owing to the rapid spread of COVID-19 affected the food and beverage market including the halal food industry. Moreover, the study provides similar information for the key geographies. Which are the popular distribution channels in the market? The Free business intelligence platform with subscription, 4. Please wait while we are processing your request Halal Food And Beverage Market Size Report, 2030. Who are the key players in halal food and beverage market? Sub-Saharan Africa make up 15% of Muslims worldwide Also, the production, packaging and storage process of halal cosmetics requires optimum level of cleanliness, which is driving their demand across several non-Muslim countries.The online market, including e-commerce and social media platforms, continues to play a key role in driving the demand for halal cosmetics and is growing faster than other traditional distribution channels. remain the same as their parents, they are having new Looking forward, the publisher expects the global halal food market to exhibit strong growth during the next five years. 7.1 Introduction 7.3 Others Halal food refers to foods prepared according to the Islamic dietary law's rigorous guidelines . Government organizations, regulatory authorities, policymakers, and organizations looking for investments in trends of global Halal market. According to an article published in Salam Gateway, in November 2020 Egypt's council of ministers introduced the 'Halal in Egypt' mark for Egyptian halal exports, while the Philippines' Department of Trade and Industry (DTI) also launched an official national logo.Meat & alternatives held the largest segment in 2021 and are expected to maintain dominance over the forecast period. Market estimates and forecast for fruits & vegetables 2017-2030, (USD Million)5.5. The global halal food and beverage market is expected to reach USD 1063.11 billion by 2030. Moreover, respect for the welfare of animals, and a degree of acculturation are also some of the vital influencers in the growth of the segment. While growing health concerns among people have been driving food and beverage manufacturing companies towards pulses ingredients, the Covid-19 pandemic has resulted in several unforeseen consequences for the market. , Jan 7, 2022. A paid subscription is required for full access. DUBLIN, July 14, 2022 /PRNewswire/ -- The "Halal Food and Beverage Market Size, Share & Trends Analysis Report by Product (Grain Products), by Distribution Channel (Hypermarket & Supermarket), by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering. integrated into the global economy as consumers, Global halal industry market share worldwide by sector 2018-2024 Get more insights Table of contents Editor's Picks Market overview Muslim consumers Halal food Non-food halal. Market estimates and forecast through online, 2017-2030, (USD Million)6.5. last decade, the halal industry has undergone further
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