The global halal ingredients market is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled “Halal Ingredients Market Size, Share and Global Trend By End-users (Food Industry, Beverage Industry, Cosmetic Industry, Pharmaceutical Industry) and Geography Forecast Till 2026”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period. It also offers an exclusive insight into various details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.
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The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other halal ingredients market trends. The report is available for sale on the company website.
Significant Players of Halal Foods Market Include:
- Midamar Corporation
- Al-Falah Halal Foods
- Incorporated, Unilever
- American Foods Group, LLC
- Nestlé S.A.
- QL Foods
- Prima Agri-Products
- BRF S.A.
- Saffron Road
- One World Foods Inc.
Major Growth Drivers:
Increasing Consumer Inclination towards Ethically Produced Goods will Drive Market
The rise in consumption of halal foods among the Muslim population is a major factor augmenting the market, as discussed above. This, coupled with the rise in disposable incomes of people and the adoption of high living standards, is promoting the halal foods market growth. Additionally, multinational manufacturers of food products namely Savola Group, Nestle, and others, are making efforts to obtain halal-certification for the products manufactured under them, thereby adding impetus to the market in the long run. Consumers today are more inclined towards ethically produced and certified beverage and food products, the increasing expenditure in which will foster growth in the market.
Besides this, there is a rapid rise in the number of halal food production facilities worldwide which will further intensify its sale. Furthermore, nations that do not fall under the Organization of Islamic Cooperation rely on halal food products and this is likely to help the market gain momentum in the forecast period.
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Regional Analysis for Halal Ingredients Market:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Major Table of Contents for Halal Ingredients Market:
- Executive Summary
- Market Dynamics
- Key Halal Ingredients Market Insights
- Global Market Analysis, Insights and Forecast, 2015-2026
- North America Market Analysis, Insights and Forecast, 2015-2026
- Europe Market Analysis, Insights and Forecast, 2015-2026
- Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
- The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
- Latin America Market Analysis, Insights and Forecast, 2015-2026
- Competitive Landscape
- Global Halal Ingredients Market Revenue Share Analysis, By Key Players, 2020
- Company Profiles
Other Exclusive Reports:
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