The Industry insights of the report ‘Global Halal Foods and Beverages Market’ helps with the successful launch of a new product. This market report efficiently collects, analyzes, and evaluates information about a product or service to be offered for sale in that market. This market research report makes it easy to attain customer demographics which form the core of any business. This report studies Potential clients for the product or service and their characteristics, spending habits, location, and needs of its target market.
The global halal food and beverages market is one of the fastest emerging consumer segments in the world. The Muslim population is the 2nd largest religion in the world and is the fastest-growing religion in the world. As per the research done by Actual Market Research in their report titled Global Halal Foods and Beverages Market Outlook, 2026, Actual Market Research has identified different forces influencing the halal foods and beverages market the world over and have discussed the challenges faced by the industry. As per the data collated by Actual Market Research, the halal market globally grew by USD 412 Billion during the historical period of 2015 to 2020. It has been forecasted that halal food and beverages will continue a strong growth momentum and by 2026 growing at a CAGR of more than 7% during the forecast period of 2020 – 2026 to push the market size beyond a double trillion figure.
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As per data revealed by Arabian Business, sourced from State of the Global Islamic Economy Report 2020/2021 approximately 40% of all food and beverages consumed by Muslims worldwide are not authentically certified as Halal. This shows the significant need for filling the necessary gaps in the Global Halal Food & Beverage Market Outlook, 2026 halal food and beverages market. To lay a base for comparison, consider the Kosher market. The global Kosher foods and beverages market is valued at USD 25 Billion according to Arabian Business catering to a Jewish community of approximately 15 Million people. The Kosher market includes matured players such as Empire and Kayo which have over USD 100 Million in annual revenue as compared to a very highly fragmented halal food and beverages market where 1.8 Billion Muslims are reliant on small-scale producers. The industry needs consolidation in order to ensure efficiency and effectiveness in the entire halal supply chain. However, the flow of capital is also limited in the market. During the period of 2018-2019, about USD 343 Billion was invested in annual mergers and acquisitions activity in the global foods and beverages industry in 2018-19 of which halal accounted for a tiny portion of just USD 0.6 Billion as per Arabian Business.
ASPECTS COVERED IN THE REPORT
Market Size by Value (2015-2026F)
Market Share by Product
Market Share by Sales Channel
Market Share by Region
Market Share by Country
· North America
· Asia Pacific
· Latin America
· Middle East & Africa
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1. What is the market size and forecast of Global Halal Foods and Beverages Market?
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2. What are the inhibiting factors and impact of COVID-19 shaping Global Halal Foods and Beverages Market during the forecast period?
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3. Which region outstands in the Global Halal Foods and Beverages Market?
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4. Which are the segments to invest in over the forecast period in the Global Halal Foods and Beverages Market?
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5. What is the competitive strategic window for opportunities in Global Halal Foods and Beverages Market?
Through an intensive primary study, we have identified the trends and development that can be expected in the forecasted period, along with the change in the preference of the consumers.
6. What are the technology trends and regulatory frameworks in Global Halal Foods and Beverages Market?
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7. What are the major companies in the Global Halal Foods and Beverages Market?
Our market research report covers the detailed profiling of the leading companies in the industry, and also a brief discussion about the smaller emerging brands.
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Table of Contents Covered In This Global Halal Foods and Beverages Market Report:
Table of Contents
1. Executive Summary
2. Report Methodology
3. Global Halal Food & Beverages Market Outlook
3.1. Market Size by Value
3.2. Market Share
3.2.1. By Product
3.2.2. By Sales Channel
3.2.3. By Region
3.2.4. By Country
4. North America Halal Food & Beverages Market Outlook
4.1. Market Size by Value
4.2. Market Share
4.2.1. By Product
4.2.2. By Sales Channel
4.2.3. By Country
4.3. US Halal Food & Beverages Market Outlook
4.3.1. Market Size by Value
4.3.2. Market Share by Product
4.4. Canada Halal Food & Beverages Market Outlook
4.4.1. Market Size by Value
4.4.2. Market Share by Product
4.5. Mexico Halal Food & Beverages Market Outlook
4.5.1. Market Size by Value
4.5.2. Market Share by Product
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