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Los Angeles, CA -- (SBWIRE) -- 02/05/2019 -- The Arabic word for "permitted." Halal is commonly seen as "Halal" which means food that is permitted under Islamic guidelines as found in the Qu'ran Most food and drinks are considered Halal unless they are clearly stated as forbidden in the Qur'an (holy book of Islam) and hadith (prophetic traditions).
The halal industry is based on a belief that Muslims should eat food and use goods such as cosmetics that are "halalan toyibban", which means permissible and wholesome. In fact, the halal market is non-exclusive to Muslims, and has gained increasing acceptance among non- Muslim consumers who associate halal with ethical consumerism.
Actually, the halal industry has now expanded beyond the food sector to include pharmaceuticals, cosmetics, health products, toiletries and medical devices as well as service sector components such as logistics, marketing, print and electronic media, packaging, branding, and financing. In addition, the halal food marketplace is emerging as one of the most profitable and influential market arenas in the world food business today.
Downstream growth in demand prompted the rapid growth of halal food in Europe, which is because of both growth of population of Muslim and the growth of Muslim income in these countries.
European halal food industry is quite fragmented with a large number of companies can produce halal food but the companies passed the halal certification are limited. Although halal certification is considered a key enabler for the successful development of the global halal industry, the industry is still plagued by the issue of differing certification standards. The lack of a single, unified global halal standard is a pressing issue within the halal industry.
Halal food is going to be main-stream in Europe. And the downstream consumption market is constantly expanding, not only the Muslims, but also non-Muslim began to join the ranks of the consumer. As for the age of consumption, the young generation of Muslims is agents of change for the halal industry. Supermarkets, hypermarkets and food distribution chains are increasing their share of halal distribution, capitalizing on young halal consumers' interests in having the same choices as non-halal consumers.
This report focuses on Halal volume and value at global level, regional level and company level. From a global perspective, this report represents overall Halal market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
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At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Crown Chicken (Cranswick)
Euro Foods Group
Tahira Foods Ltd
Segment by Regions
Segment by Type
Frozen Salty Products
Cereal and Cereal Product
Segment by Application
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