Publisher
DinarStandard
Length
88 Pages
Published Date
June, 2021

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Halal Food
01 Jun 2021
Global Halal Food Market Report 2021-24
Regular price $3,950.00 $0.00 Unit price per

Why buy this Report?

The Global Halal Food Market Report 2021-24 presents an overall analysis of global halal food markets across 17 Harmonized System (HS) code categories that are identified as requiring some level of halal certification. The Report analyzes and ranks the five most attractive halal food categories (see below) and covers each category’s historical (2014-19) and projected growth (2020-24) in imports to the OIC (Organization of Islamic Cooperation), and provides the largest importing and supplying markets for each category. Readers will also find insights into production costs and profitability for each category, significant developments, key players (see below) and investment benchmarks. Through this multi-faceted analysis, the Report also presents opportunities and challenges in each of the five most attractive food categories and the halal food market. (The Report includes: 36 Tables, 17 Figures, 4 full Appendix Tables)

Get a complimentary 1-hour analyst walk-through and Q&A after purchase.

Headline insights

The Global Halal Food Market Report 2021-24 estimates global halal food trade (imports to OIC member countries) to be valued at US$ 129 billion in 2019 and is projected to grow at 1.7% CAGR, reaching US$ 140 billion by 2024.

This increasing trend is largely driven by an increase in consumer demand, followed by a rising Muslim population globally. The industry is also witnessing an increasing preference for convenient, nutritionally enriched, and functional food & beverages amidst the COVID-19 pandemic. The Islamic economy space has also attracted the attention of top global brands creating innovative products and services across sectors. The governments of both OIC and non-OIC countries, food companies, and the private sector are making significant investments in the halal market.

Key questions addressed

• What is the context of the global halal food market opportunity?
• What is the halal food certification process and regulation landscape?
• What are the top halal food consumption and trading markets?
• What are the top 5 most attractive halal food categories?
• Within each of the top 5 categories, what are the top trading markets, production costs, profitability, investments, recent developments and key players?
• What are the global halal food market opportunities and challenges for investors, businesses and governments? 

    Categories covered

    The most attractive halal food categories profiled in this report include:

    • Meat and offal
    • Cereal, Pasta, and Bakery Products
    • Fats and Oils
    • Soups, Sauces and Other Processed Foods
    • Dairy

          Key Players covered

          • BRF SA (Brazil)
          • Allana (India)
          • Indofood CBP (Indonesia)
          • Danone (France)
          • Golden Agri-Resources (GAR) (Indonesia)
          • Savola (Saudi Arabia)
          • Nestle (Switzerland)
          • Kerry Group (Ireland)
          • Almarai (Saudi Arabia)
          • Fonterra (New Zealand)

            Recent developments

            Find an array of recent developments impacting the halal food industry and the major categories. These include the increasing momentum of blockchain technology, rise in snacks and canned products amidst COVID-19 pandemic, and alternative food, such as plant-based food, and innovation in the Islamic markets.  

             

            For any information about the Report, please click Contact Us. 

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            Copyright © 2021 DinarStandard. All Rights Reserved.

            Disclaimer

            The material in this report is subject to copyright. This report has been prepared on the basis of economic data, market news and expert insights, and is only valid on the date of publication. DinarStandard does not make any guarantee, representation or warranty, (either expressly or impliedly), as to the factual accuracy, completeness, or sufficiency of information contained herein. This document has been prepared based upon informational sources believed to be reliable and prepared in good faith. DinarStandard does not accept any liability for any loss or damage, howsoever caused, arising from any errors, omissions or reliance on any information or views contained in this report.

            Reproduction, redistribution, or dissemination of this report (without written permission) is completely forbidden.

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             1 Executive Summary

            1.1 Summary Description

            1.2 Summary Infographics

            1.2.1 Halal Food, Top 5 Most Attractive Category, Market Size (US$ Million) and Growth (2014-2024)

            1.2.2 Halal Food Most Attractive Markets, 2019 (US$ Million)

            1.2.3 Halal Food Categories Most Imported by OIC, by Value (US$ Million) and Growth (2019-2022)

            1.2.4 Halal Food Investments Opportunity, 2019 (US$ Million)

            2 Halal Food Market: Global Context

            2.1 Halal Food Introduction

            2.2 Halal Food Compliance Across the Food Value Chain

            2.3 Halal Food Demand-Side and Supply-Side Growth Drivers

            3 Halal Food Compliance Landscape

            3.1 Halal Market Regulatory Ecosystem

            3.2 Halal Food Standards Issued in Key Markets

            3.3 Halal Food Certification Process

            4 Halal Food Markets and Trade

            4.1 Halal Food Consumption Markets

            4.2 Halal Food OIC Importing Markets

            4.3 Halal Food Suppliers to OIC Markets

            5 Most Attractive Halal Food Category Profiles

            5.1 Meat and offal

            5.1.1 Top Importing and Supplying Markets 

            5.1.2 Production Costs and Profitability

            5.1.3 Investments

            5.1.4 Key Recent Developments

            5.1.5 Opportunities and Challenges

            5.1.6 Key Supplier Company Profiles

            • BASF 

            • Allana 

              5.2 Cereal, Pasta, and Bakery Products

              5.2.1 Top Importing and Supplying Markets 

              5.2.2 Production Costs and Profitability

              5.2.3 Investments

              5.2.4 Key Recent Developments

              5.2.5 Opportunities and Challenges

              5.2.6 Key Supplier Company Profiles

              • Indofood CBP

              • Danone

              5.3 Fats and Oils

              5.3.1 Top Importing and Supplying Markets 

              5.3.2 Production Costs and Profitability

              5.3.3 Investments

              5.3.4 Key Recent Developments

              5.3.5 Opportunities and Challenges

              5.3.6 Key Supplier Company Profiles

              • Savola

              • Golden Agri-Resources (GAR) 

              5.4 Soups, Sauces and Other Processed Foods

              5.4.1 Top Importing and Supplying Markets 

              5.4.2 Production Costs and Profitability

              5.4.3 Investments

              5.4.4 Key Recent Developments

              5.4.5 Opportunities and Challenges

              5.4.6 Key Supplier Company Profiles

              • Nestle

              • Kerry Group 

              5.5 Dairy

              5.5.1 Top Importing and Supplying Markets 

              5.5.2 Production Costs and Profitability

              5.5.3 Investments

              5.5.4 Key Recent Developments

              5.5.5 Opportunities and Challenges

              5.5.6 Key Supplier Company Profiles

              • Almarai

              • Fonterra 

              6 Halal Food Opportunities and Challenges

              7 Report Purpose and Methodology

              8 Acknowledgment

              9 Appendix

              9.1 Full Table: Halal Food Muslim Spend, by Country (2019-2024) (US$ Million) 

              9.2 Full Table: Halal Food Suppliers to OIC, by Country (2019-2024) (US$ Million) 

              9.3 Full Table: Halal Food OIC Importers, by Country (2019-2024) (US$ Million) 

              9.4 Halal Food: Most Attractive Categories Prioritization (Complete List)


              List of Tables (36 Tables)

              Table 1: Halal Food, Top 5 Most Attractive Categories, Market Size (US$ Million) and Growth (2014-2024)

              Table 2: Halal Food Most Attractive Markets, 2019 (US$ Million)

              Table 3: Halal Food Investments, 2019 (US$ Million)

              Table 4: Halal Relevance Across the Value Chain

              Table 5: Halal Certification Standards and Varying Halal Relevance Across the Food Value Chain

              Table 6: Halal Food Demand-Side and Supply-Side Growth Drivers

              Table 7: Halal Food Standard-Setting Bodies and Standards, by Region

              Table 8: Halal Food Market Size and Growth (2014-2024) (US$ billions)

              Table 9: Halal Food, Top 10 OIC Importing Markets, 2019 (US$ Million)

              Table 10: Halal Food, Top 10 Supplying Markets to OIC, 2019 (US$ Million)

              Table 11: Halal Food, Top 5 Most Attractive Categories, Market Size (US$ Million) and Growth (2014-2024)

              Table 12: Meat & Offal Market Size, Growth (2014-2024) (US$ Million) and Key Players

              Table 13: Meat & Offal, Top 10 Subcategories, by Value (US$ Million) and Growth (2016-2019)

              Table 14: Meat & Offal Trade Lanes, Top Importing (OIC) and Supplying Markets, 2019 (US$ Million)

              Table 15: Meat & Offal Trade Lanes, Top Suppliers (to OIC) and Destination Markets, 2019 (US$ Million)

              Table 16: Meat & Offal, Halal Market Investment Deals by Country, Aug. ’19 to July ’20

              Table 17: Cereal, Pasta, & Bakery Products Market Size, Growth (2014-2024) (US$ Million) and Key Players

              Table 18: Cereal, Pasta, & Bakery Products, Top 10 Subcategories, by Value (US$ Million) and Growth (2016-2019)

              Table 19: Cereal, Pasta, & Bakery Products Trade Lanes, Top Importing (OIC) and Supplying Markets, 2019 (US$ Million)

              Table 20: Cereal, Pasta, & Bakery Products Trade Lanes, Top Suppliers (to OIC) and Destination Markets, 2019 (US$ Million)

              Table 21: Cereal, Pasta, & Bakery Products, Halal Market Investment Deals by Country, Aug. ’19 to July ’20

              Table 22: Fats & Oils, Market Size, Growth (2014-2024) (US$ Million) and Key Players

              Table 23: Fats & Oils, Top 10 Subcategories, by Value (US$ Million) and Growth (2016-2019)

              Table 24: Fats & Oils, Top Importing (OIC) and Supplying Markets, 2019 (US$ Million)

              Table 25: Fats & Oils, Trade Lanes, Top Suppliers (to OIC) and Destination Markets, 2019 (US$ Million)

              Table 26: Fats & Oils, Halal Market Investment Deals by Country, Aug. ’19 to July ’20

              Table 27: Soups, Sauces and Other Processed Foods Market Size, Growth (2014-2024) (US$ Million) and Key Players

              Table 28: Soups, Sauces and Other Processed Foods, Top 10 Subcategories, by Value (US$ Million) and Growth (2016-2019)

              Table 29: Soups, Sauces and Other Processed Foods Trade Lanes, Top Importing (OIC) and Supplying Markets, 2019 (US$ Million)

              Table 30: Soups, Sauces and Other Processed Foods Trade Lanes, Top Suppliers (to OIC) and Destination Markets, 2019 (US$ Million)

              Table 31: Soups, Sauces and Other Processed Foods, Investment Deals by Country, Aug. ’19 to July ’20

              Table 32: Dairy Market Size, Growth (2014-2024) (US$ Million) and Key Players

              Table 33: Dairy, Top 10 Subcategories, by Value (US$ Million) and Growth (2016-2019)

              Table 34: Dairy Trade Lanes, Top Importing (OIC) and Supplying Markets, 2019 (US$ Million)

              Table 35: Dairy Trade Lanes, Top Suppliers (to OIC) and Destination Markets, 2019 (US$ Million)

              Table 36: Dairy, Halal Market Investment Deals by Country, Aug. ’19 to July ’20

               

              List of Figures (17 Figures)

              Figure 1: Global OIC Food Import (US$ Billion) and Growth (2019-2024)

              Figure 2: Halal Food Categories Most Imported by OIC, by Value (US$ Million) and Growth (2016-2019)

              Figure 3: Halal Food Current Regulatory Landscape

              Figure 4: Halal Certification Process

              Figure 5: Halal Food, Top 10 Countries by Muslim Spend (2019-2024) (US$ billions)

              Figure 6: Meat & Offal, Production Cost Breakdown (%)

              Figure 7: Meat & Offal, Feed Costs Versus Wholesale Broiler Prices for Select Poultry Producing Countries, 2019 (US$/KG)

              Figure 8: Meat & Offal, ROIC of Leading Meat Producers in Select Markets, 2019 (%)

              Figure 9: Cereal, Pasta, & Bakery Products, Production Cost Breakdown (%)

              Figure 10: Cereal, Pasta, & Bakery Products, Price of Wheat vs. White Sliced Bread in Select Countries, 2019 (US$/KG)

              Figure 11: Cereal, Pasta, & Bakery Products, ROIC of Leading Producers in Select Markets, 2019 (%)

              Figure 12: Fats & Oils, Production Cost Breakdown (US$/t)

              Figure 13: Fats & Oils, ROIC of Leading Producers in Select Markets, 2019 (%)

              Figure 14: Soups, Sauces and Other Processed Foods, Production Cost Breakdown (%)

              Figure 15: Soups, Sauces and Other Processed Foods, ROIC of Leading Producers in Select Markets, 2019 (%)

              Figure 16: Dairy, Price of Raw Cow’s Milk at Farm-gate Versus Prices of Whole Milk Powder for Select Producing Countries, 2019 (US$/100 KG)

              Figure 17: Dairy, ROIC of Leading Meat Producers in Select Markets, 2019 (%)