Market Overview

The global halal foods & beverages market is projected to grow at a CAGR of 8.9% during the forecast period of 2022–2030. 

The Halal Foods and Beverages market is growing rapidly around the world due to the increasing demand for these products from the Muslim population. Halal is an Arabic term meaning permissible or lawful and is a food category that comprises only those products that are permissible under Islamic Law. Halal foods and beverages are gaining traction amongst consumers due to their safety, quality, and nutritional content.

The Halal Foods and Beverages market is segmented into food, beverages, confectionary, and snacks. Halal food includes meat, poultry, dairy, eggs, processed food, and other products. Halal beverages comprise soft drinks, juices, and other non-alcoholic beverages. Halal confectionary includes all kinds of sweets, chocolate, candies, and other products. Halal snacks include chips, popcorn, and other snacks.

The global Halal Foods and Beverages market is driven by the increasing Muslim population, growing concern for food safety, increasing disposable income, and increasing demand for convenience food. Additionally, the growing Muslim population in non-Muslim countries is driving the growth of the market. However, the availability of counterfeit and adulterated products is restraining the growth of the market.

Segmental Analysis

Type, category, packaging, and distribution channel are the segments that make up the global halal foods and drinks market.

Bakery & confectionary, beverages, sweet & savoury snacks, dairy & frozen desserts, meat & meat products, oils & fats, and others are the different type-wise segments. In the global halal foods & beverages market, the meat, poultry, and seafood category owns the most market share, and the same segment is predicted to develop at the fastest rate.

The market is divided into fresh, frozen, and other categories based on the type. The fresh segment, in particular, is a market leader.

The market is divided into glass, metal, plastic, paper, and other categories based on the packaging. The plastic sub-segment dominates the market among all packaging segments.

The market is divided into two categories based on the distribution channel: store-based and non-store-based. Based on the one-stop shopping experience, the store-based distribution channel is dominating the market.

Regional Overview

Furthermore, the United States controls the market for halal foods and beverages in North America. In the North American area, shifting consumer preferences toward halal products and rising demand for meat products are expected to enhance the halal foods & beverages market throughout the forecast period. Furthermore, the primary essential players are actively participating in the product's research and development for improved functionality.

During the year 2022–2030, Asia-Pacific is predicted to be the fastest-growing region. The region's expansion can be due to rising consumer awareness of halal-certified foods. The largest consumers of halal food and drinks are China and Pakistan, which is projected to drive market growth throughout the forecast period. Due to the greatest Islamic population in regions such as the Middle East and Africa, the rest of the world maintains its supremacy in the worldwide halal food and beverage sector.  

Competitive Dynamics

Key halal food and beverages Market Players American Halal Company, Inc. (US), Cleone Foods Ltd. (UK), Nestle S.A. (Switzerland), Al Islami Foods (The UAE), BRF S.A. (Brazil), QL Foods Sdn. Bhd. (Malaysia), Nema Food Company (US), Beijing Shunxin Agriculture Co., Ltd. (China), Namet Gıda San. Ve Tic. Inc. (Turkey), Midamar Corporation (US), Tahira Foods Ltd (UK), are some of the key players in the global halal foods & beverages market.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Contact Us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 628 258 0071

Email: sales@marketresearchfuture.com