Global “Halal Market” Report 2024 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2024-2031.This research studies of Halal involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including the government policy, market environment, competitive landscape, historical data, and present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry.
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Market Analysis and Insights: Global Halal Market
The global Halal Market size was USD 1.44 billion in 2024 and the market is projected to touch USD 2.13 billion by 2031, exhibiting a CAGR of 5.7% during the forecast period.
The major players covered in the Halal market report are:
- Conagra Brands (U.S.)
- CSC Brand (Campbell Halal Company) (U.S.)
- General Mills (U.S.)
- Nestle (Switzerland)
- The Kraft Heinz Company (U.S.)
- Unilever (U.K.)
- Amy's Kitchen (U.S.)
- Bear Creek Country Kitchens (U.S.)
COVID-19 Impact: Market Growth Restrained by Pandemic due to Supply Chain Disruptions
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.
The Halal market has been affected by the COVID-19 pandemic, mainly due to disruptions in the supply chain. Lockdowns and safety measures have made it challenging for Halal manufacturers to get ingredients and maintain regular production. Changes in consumer behavior, like stocking up on essentials, have led to fluctuations in Halal demand, and the closure of restaurants has impacted bulk purchases. Delays in production and increased costs are also challenges. Despite these difficulties, the industry is adapting by rethinking supply chain strategies and embracing online shopping trends. The market's recovery depends on how long the pandemic lasts and if there are more disruptions to the supply chain.
Segment by Type:
Fresh products, Frozen salty products, Processed products, Cereal and cereal product, others
Segment by Application:
Restaurant, Hotel, Home, others
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Detailed TOC of Global Halal Market Insights, Forecast to 2031
1 Study Coverage
1.1 Halal Product Introduction
1.2 Market by Type
1.2.1 Global Halal Market Size Growth Rate by Type, 2018 VS 2024 VS 2031
1.2.2 Wet Halal
1.2.3 Dry Halal
1.3 Market by Application
1.3.1 Global Halal Market Size Growth Rate by Application, 2018 VS 2024 VS 2031
1.3.2 Food and Drink Specialists
1.3.3 Retailers
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global Halal Sales Estimates and Forecasts 2018-2031
2.2 Global Halal Revenue by Region
2.2.1 Global Halal Revenue by Region: 2018 VS 2024 VS 2031
2.2.2 Global Halal Revenue by Region (2018-2023)
2.2.3 Global Halal Revenue by Region (2024-2031)
2.2.4 Global Halal Revenue Market Share by Region (2018-2031)
2.3 Global Halal Sales Estimates and Forecasts 2018-2031
2.4 Global Halal Sales by Region
2.4.1 Global Halal Sales by Region: 2018 VS 2024 VS 2031
2.4.2 Global Halal Sales by Region (2018-2023)
2.4.3 Global Halal Sales by Region (2024-2031)
2.4.4 Global Halal Sales Market Share by Region (2018-2031)
2.5 US & Canada
2.6 Europe
2.7 China
2.8 Asia (excluding China)
2.9 Middle East, Africa and Latin America
3 Competition by Manufactures
3.1 Global Halal Sales by Manufacturers
3.1.1 Global Halal Sales by Manufacturers (2018-2023)
3.1.2 Global Halal Sales Market Share by Manufacturers (2018-2023)
3.1.3 Global Top 10 and Top 5 Largest Manufacturers of Halal in 2024
3.2 Global Halal Revenue by Manufacturers
3.2.1 Global Halal Revenue by Manufacturers (2018-2023)
3.2.2 Global Halal Revenue Market Share by Manufacturers (2018-2023)
3.2.3 Global Top 10 and Top 5 Companies by Halal Revenue in 2024
3.3 Global Key Players of Halal , Industry Ranking, 2021 VS 2024 VS 2023
3.4 Global Halal Sales Price by Manufacturers
3.5 Analysis of Competitive Landscape
3.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
3.5.2 Global Halal Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Key Manufacturers of Halal , Manufacturing Base Distribution and Headquarters
3.7 Global Key Manufacturers of Halal , Product Offered and Application
3.8 Global Key Manufacturers of Halal , Date of Enter into This Industry
3.9 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
4.1 Global Halal Sales by Type
4.1.1 Global Halal Historical Sales by Type (2018-2023)
4.1.2 Global Halal Forecasted Sales by Type (2024-2031)
4.1.3 Global Halal Sales Market Share by Type (2018-2031)
4.2 Global Halal Revenue by Type
4.2.1 Global Halal Historical Revenue by Type (2018-2023)
4.2.2 Global Halal Forecasted Revenue by Type (2024-2031)
4.2.3 Global Halal Revenue Market Share by Type (2018-2031)
4.3 Global Halal Price by Type
4.3.1 Global Halal Price by Type (2018-2023)
4.3.2 Global Halal Price Forecast by Type (2024-2031)
5 Market Size by Application
5.1 Global Halal Sales by Application
5.1.1 Global Halal Historical Sales by Application (2018-2023)
5.1.2 Global Halal Forecasted Sales by Application (2024-2031)
5.1.3 Global Halal Sales Market Share by Application (2018-2031)
5.2 Global Halal Revenue by Application
5.2.1 Global Halal Historical Revenue by Application (2018-2023)
5.2.2 Global Halal Forecasted Revenue by Application (2024-2031)
5.2.3 Global Halal Revenue Market Share by Application (2018-2031)
5.3 Global Halal Price by Application
5.3.1 Global Halal Price by Application (2018-2023)
5.3.2 Global Halal Price Forecast by Application (2024-2031)
