
GCC Halal Food Products Market, By Product (Meat, Poultry & Seafood, Fruits & Vegetables, Dairy Products, Cereals & Grains, Oil, Fats & Waxes, Confectionery, Others); By Distribution Channel (Traditional Retailers, Supermarkets & Hypermarkets, Online, Oth
Description
GCC Halal Food Products Market, By Product (Meat, Poultry & Seafood, Fruits & Vegetables, Dairy Products, Cereals & Grains, Oil, Fats & Waxes, Confectionery, Others); By Distribution Channel (Traditional Retailers, Supermarkets & Hypermarkets, Online, Others); By Country (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain), Trend Analysis, Competitive Landscape & Forecast, 2018–2028
GCC Halal Food Products Market Size to Grow at Steady CAGR of 5.3% during 2022–2028
GCC (Gulf Cooperation Council) halal food products market is flourishing due to an increase in the number of stringent regulatory frameworks that require mandatory halal labeling and certification rules for food and beverages and the proliferation of ready-to-eat and convenient halal food products in the region.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects the size of GCC halal food products market to grow at a CAGR of 5.3% during the forecast period between 2022 and 2028. BlueWeave forecasts GCC halal food products market size to reach a value of USD 78.2 billion by 2028. The large Muslim population in the GCC region, which adheres to Islamic Sariah norms as part of their religious beliefs, is primarily driving the demand for halal food products. The GCC halal food products market growth is also being driven by the stringent regulatory frameworks that include mandatory halal labeling and certification rules for food and beverages in the region.
Rising awareness among non-Muslim communities about the food safety, hygiene, and dependability provided by halal food products is also broadening the halal food products market across GCC countries. In addition, significant growth in the food retail sector as well as increased availability of halal food and beverages through various distribution channels, is driving the growth of GCC halal food products market during the period in analysis.
GCC Halal Food Products Market – Overview
A category of food products and beverages that are primarily prepared following Islamic dietary law is referred to as "halal food." Alcohol, pork byproducts, animals that are already dead when they are killed, and animals that are not killed in the name of Allah are all regarded as haram, or forbidden, and forbidden to be consume by Muslims. Halal food items are also packaged and kept in utensils, which also need to be cleaned under Islamic regulations. Meat, poultry, seafood, oils and fats, waxes, fruits and vegetables, confections, dairy products are some of the typical food items that come under halal labeling framework.
The sizable Muslim population, which adheres to Islamic shariah laws as part of their religious convictions, in GCC is spurring the high demand for halal food products. GCC halal food products market is also growing because of the growing awareness among non-Muslim communities of the benefits provided by halal food products, including safety, hygiene, better taste, high nutritional value, and tender and hormone- and stress-free meat. Along these lines, another factor spurring growth is the introduction of several value-added food items, such as sandwiches, soups, pizzas, candies, hamburgers, and hot dogs made following Islamic dietary law. Additionally, growing investments by several regional governments to enact laws requiring mandatory halal labeling and certification are helping the halal food products market expand in the GCC region. GCC halal food products market is also expected to grow because of additional factors, such as rising consumer spending power and simple product availability across e-commerce platforms.
GCC Halal Food Products Market – Technology Advancements
Blockchain, the Internet of Things (IoT), and halal laboratories are actively involved in food safety, analysis of food products for maintaining quality standards to detect the presence of porcine material or alcohol, and other technology advancements that support the growth of GCC halal food Products market. The demand for halal foods is growing at the same time as these activities.
GCC Halal Food Products Market – Segmental Information
GCC halal food products market has segments: Meat, Poultry & Seafood, Fruits & Vegetables, Dairy Products, Cereals & Grains, Oil, Fats & Waxes, Confectionery, and others based on products; and Traditional Retailers, Supermarkets & Hypermarkets, Online, and others by distribution channel. During the forecast period, the supermarkets/hypermarkets segment is expected to have a significant market share in the GCC halal food products market by sales channel.
Impact of COVID-19 on GCC Halal Food Products Market
The disruption of the food supply chain brought on by the rapid spread of COVID-19 affected the GCC halal food products industry. The ability to consume and sell halal food was significantly impacted by labor shortages and problems with the import and export of the food, which were experienced by leading manufacturers. The GCC halal food products industry also suffered from the decline in demand for meat products brought on by concerns about safety and sanitation during the COVID-19 pandemic. However, as consumers prefer wholesome and safe food, it is expected that the GCC halal food products market will expand during the post COVID-19 pandemic period.
Competitive Landscape
Prominent players in GCC halal food products market include Al Kabeer Group ME, Al Rawdah Foods, Al Islami Foods, Al-Falah Supermarket, American Halal Company Inc., BRF Global (Sadia Halal), Nestle S.A., Podravka Gulf FZE, JM Foods LLC, and Seara Foods Middle East. These companies use various strategies, including increasing investments in their R&D activities, mergers and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in GCC halal food products market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of GCC Halal Food Products Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in GCC Halal Food Products Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
GCC Halal Food Products Market Size to Grow at Steady CAGR of 5.3% during 2022–2028
GCC (Gulf Cooperation Council) halal food products market is flourishing due to an increase in the number of stringent regulatory frameworks that require mandatory halal labeling and certification rules for food and beverages and the proliferation of ready-to-eat and convenient halal food products in the region.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects the size of GCC halal food products market to grow at a CAGR of 5.3% during the forecast period between 2022 and 2028. BlueWeave forecasts GCC halal food products market size to reach a value of USD 78.2 billion by 2028. The large Muslim population in the GCC region, which adheres to Islamic Sariah norms as part of their religious beliefs, is primarily driving the demand for halal food products. The GCC halal food products market growth is also being driven by the stringent regulatory frameworks that include mandatory halal labeling and certification rules for food and beverages in the region.
Rising awareness among non-Muslim communities about the food safety, hygiene, and dependability provided by halal food products is also broadening the halal food products market across GCC countries. In addition, significant growth in the food retail sector as well as increased availability of halal food and beverages through various distribution channels, is driving the growth of GCC halal food products market during the period in analysis.
GCC Halal Food Products Market – Overview
A category of food products and beverages that are primarily prepared following Islamic dietary law is referred to as "halal food." Alcohol, pork byproducts, animals that are already dead when they are killed, and animals that are not killed in the name of Allah are all regarded as haram, or forbidden, and forbidden to be consume by Muslims. Halal food items are also packaged and kept in utensils, which also need to be cleaned under Islamic regulations. Meat, poultry, seafood, oils and fats, waxes, fruits and vegetables, confections, dairy products are some of the typical food items that come under halal labeling framework.
The sizable Muslim population, which adheres to Islamic shariah laws as part of their religious convictions, in GCC is spurring the high demand for halal food products. GCC halal food products market is also growing because of the growing awareness among non-Muslim communities of the benefits provided by halal food products, including safety, hygiene, better taste, high nutritional value, and tender and hormone- and stress-free meat. Along these lines, another factor spurring growth is the introduction of several value-added food items, such as sandwiches, soups, pizzas, candies, hamburgers, and hot dogs made following Islamic dietary law. Additionally, growing investments by several regional governments to enact laws requiring mandatory halal labeling and certification are helping the halal food products market expand in the GCC region. GCC halal food products market is also expected to grow because of additional factors, such as rising consumer spending power and simple product availability across e-commerce platforms.
GCC Halal Food Products Market – Technology Advancements
Blockchain, the Internet of Things (IoT), and halal laboratories are actively involved in food safety, analysis of food products for maintaining quality standards to detect the presence of porcine material or alcohol, and other technology advancements that support the growth of GCC halal food Products market. The demand for halal foods is growing at the same time as these activities.
GCC Halal Food Products Market – Segmental Information
GCC halal food products market has segments: Meat, Poultry & Seafood, Fruits & Vegetables, Dairy Products, Cereals & Grains, Oil, Fats & Waxes, Confectionery, and others based on products; and Traditional Retailers, Supermarkets & Hypermarkets, Online, and others by distribution channel. During the forecast period, the supermarkets/hypermarkets segment is expected to have a significant market share in the GCC halal food products market by sales channel.
Impact of COVID-19 on GCC Halal Food Products Market
The disruption of the food supply chain brought on by the rapid spread of COVID-19 affected the GCC halal food products industry. The ability to consume and sell halal food was significantly impacted by labor shortages and problems with the import and export of the food, which were experienced by leading manufacturers. The GCC halal food products industry also suffered from the decline in demand for meat products brought on by concerns about safety and sanitation during the COVID-19 pandemic. However, as consumers prefer wholesome and safe food, it is expected that the GCC halal food products market will expand during the post COVID-19 pandemic period.
Competitive Landscape
Prominent players in GCC halal food products market include Al Kabeer Group ME, Al Rawdah Foods, Al Islami Foods, Al-Falah Supermarket, American Halal Company Inc., BRF Global (Sadia Halal), Nestle S.A., Podravka Gulf FZE, JM Foods LLC, and Seara Foods Middle East. These companies use various strategies, including increasing investments in their R&D activities, mergers and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in GCC halal food products market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of GCC Halal Food Products Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in GCC Halal Food Products Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
240 Pages
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Market Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. GCC Halal Food Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Huge presence of Muslim population
- 3.2.1.2. Increasing number of stringent regulatory frameworks that consist of mandatory halal labeling and certification rules for food and beverages
- 3.2.1.3. Emergence of e-commerce platforms
- 3.2.1.4. Growing popularity of numerous ready-to-eat and convenient halal food items
- 3.2.2. Restraints
- 3.2.2.1. Stringent rules & regulations
- 3.2.3. Opportunities
- 3.2.3.1. Significant growth in the food retail sector
- 3.2.4. Challenges
- 3.2.4.1. XXX XXXX XXX
- 3.3. Technology Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. GCC Halal Food Market Overview
- 4.1. Market Size & Forecast, by Value, 2018–2028
- 4.1.1. By Value (USD Billion)
- 4.2. Market Share & Forecast
- 4.2.1. By Product
- 4.2.1.1. Meat, Poultry & Seafood
- 4.2.1.2. Fruits & Vegetables
- 4.2.1.3. Dairy Products
- 4.2.1.4. Cereals & Grains
- 4.2.1.5. Oil, Fats & Waxes
- 4.2.1.6. Confectionery
- 4.2.1.7. Others
- 4.2.2. By Distribution Channel
- 4.2.2.1. Traditional Retailers
- 4.2.2.2. Supermarkets & Hypermarkets
- 4.2.2.3. Online
- 4.2.2.4. Others
- 4.2.3. By Countries
- 4.2.3.1. Saudi Arabia
- 4.2.3.2. U.A.E.
- 4.2.3.3. Qatar
- 4.2.3.4. Kuwait
- 4.2.3.5. Oman
- 4.2.3.6. Bahrain
- 5. Saudi Arabia Halal Food Market Overview
- 5.1. Market Size & Forecast, by Value, 2018–2028
- 5.1.1. By Value (USD Billion)
- 5.2. Market Share & Forecast
- 5.2.1. By Product
- 5.2.2. By Distribution Channel
- 6. U.A.E. Halal Food Market Overview
- 6.1. Market Size & Forecast, by Value, 2018–2028
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Product
- 6.2.2. By Distribution Channel
- 7. Qatar Halal Food Market Overview
- 7.1. Market Size & Forecast, by Value, 2018–2028
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Product
- 7.2.2. By Distribution Channel
- 8. Kuwait Halal Food Market Overview
- 8.1. Market Size & Forecast, by Value, 2018–2028
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Product
- 8.2.2. By Distribution Channel
- 9. Oman Halal Food Market Overview
- 9.1. Market Size & Forecast, by Value, 2018–2028
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Product
- 9.2.2. By Distribution Channel
- 10. Bahrain Halal Food Market Overview
- 10.1. Market Size & Forecast, by Value, 2018–2028
- 10.1.1. By Value (USD Billion)
- 10.2. Market Share & Forecast
- 10.2.1. By Product
- 10.2.2. By Distribution Channel
- 11. Competitive Landscape
- 11.1. List of Key Players and Their Offerings
- 11.2. GCC Halal Food Company Market Share Analysis, 2021
- 11.3. Competitive Benchmarking, By Operating Parameters
- 11.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
- 12. Impact of Covid–19 on GCC Halal Food Market
- 13. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT)
- 13.1. Al Kabeer Group ME
- 13.2. Al Rawdah Foods
- 13.3. Al Islami Foods
- 13.4. Al-Falah Supermarket
- 13.5. American Halal Company Inc.
- 13.6. BRF Global (Sadia Halal)
- 13.7. Nestle S.A.
- 13.8. Podravka Gulf FZE
- 13.9. JM Foods LLC
- 13.10. Seara Foods Middle East
- 13.11. Other Prominent Players
- 14. Key Strategic Recommendations
- 15. Research Methodology
- 15.1. Qualitative Research
- 15.1.1. Primary & Secondary Research
- 15.2. Quantitative Research
- 15.3. Market Breakdown & Data Triangulation
- 15.3.1. Secondary Research
- 15.3.2. Primary Research
- 15.4. Breakdown of Primary Research Respondents, By Region
- 15.5. Assumptions & Limitations
- *Financial information in case of non–listed companies can be provided as per availability.
- **The segmentation and the companies are subject to modifications based on in–depth secondary research for the final deliverable.
- List Of Figures
- Figure 1 GCC Halal Food Segmentation
- Figure 2 GCC Halal Food Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2021
- Figure 4 GCC Halal Food Market Size, By Value (USD Billion), 2018–2028
- Figure 5 GCC Halal Food Market Share, By Product, By Value, 2018–2028
- Figure 6 GCC Halal Food Market Share, By Distribution Channel, By Value, 2018–2028
- Figure 7 GCC Halal Food Market Share, By Country, By Value, 2018–2028
- Figure 8 Saudi Arabia Halal Food Market Size, By Value (USD Billion), 2018–2028
- Figure 9 Saudi Arabia Halal Food Market Share, By Product, By Value, 2018–2028
- Figure 10 Saudi Arabia Halal Food Market Share, By Distribution Channel, By Value, 2018–2028
- Figure 11 U.A.E. Halal Food Market Size, By Value (USD Billion), 2018–2028
- Figure 12 U.A.E. Halal Food Market Share, By Product, By Value, 2018–2028
- Figure 13 U.A.E. Halal Food Market Share, By Distribution Channel, By Value, 2018–2028
- Figure 14 Qatar Halal Food Market Size, By Value (USD Billion), 2018–2028
- Figure 15 Qatar Halal Food Market Share, By Product, By Value, 2018–2028
- Figure 16 Qatar Halal Food Market Share, By Distribution Channel, By Value, 2018–2028
- Figure 17 Kuwait Halal Food Market Size, By Value (USD Billion), 2018–2028
- Figure 18 Kuwait Halal Food Market Share, By Product, By Value, 2018–2028
- Figure 19 Kuwait Halal Food Market Share, By Distribution Channel, By Value, 2018–2028
- Figure 20 Oman Halal Food Market Size, By Value (USD Billion), 2018–2028
- Figure 21 Oman Halal Food Market Share, By Product, By Value, 2018–2028
- Figure 22 Oman Halal Food Market Share, By Distribution Channel, By Value, 2018–2028
- List Of Tables
- Table 1 GCC Halal Food Market Size, By Product, By Value, 2018–2028
- Table 2 GCC Halal Food Market Size, By Distribution Channel, By Value, 2018–2028
- Table 3 GCC Halal Food Market Size, By Country, By Value, 2018–2028
- Table 4 Saudi Arabia Halal Food Market Size, By Product, By Value, 2018–2028
- Table 5 Saudi Arabia Halal Food Market Size, By Distribution Channel, By Value, 2018–2028
- Table 6 U.A.E. Halal Food Market Size, By Product, By Value, 2018–2028
- Table 7 U.A.E. Halal Food Market Size, By Distribution Channel, By Value, 2018–2028
- Table 8 Qatar Halal Food Market Size, By Product, By Value, 2018–2028
- Table 9 Qatar Halal Food Market Size, By Distribution Channel, By Value, 2018–2028
- Table 10 Kuwait Halal Food Market Size, By Product, By Value, 2018–2028
- Table 11 Kuwait Halal Food Market Size, By Distribution Channel, By Value, 2018–2028
- Table 12 Oman Halal Food Market Size, By Product, By Value, 2018–2028
- Table 13 Oman Halal Food Market Size, By Distribution Channel, By Value, 2018–2028
- Table 14 Al Kabeer Group ME Company Overview
- Table 15 Al Kabeer Group ME Financial Overview
- Table 16 Al Rawdah Foods Company Overview
- Table 17 Al Rawdah Foods Financial Overview
- Table 18 Al Islami Foods Company Overview
- Table 19 Al Islami Foods Financial Overview
- Table 20 Al-Falah Supermarket Company Overview
- Table 21 Al-Falah Supermarket Financial Overview
- Table 22 American Halal Company Inc. Company Overview
- Table 23 American Halal Company Inc. Financial Overview
- Table 24 BRF Global (Sadia Halal) Company Overview
- Table 25 BRF Global (Sadia Halal) Financial Overview
- Table 26 Nestle S.A. Company Overview
- Table 27 Nestle S.A. Financial Overview
- Table 28 Podravka Gulf FZE Company Overview
- Table 29 Podravka Gulf FZE Financial Overview
- Table 30 JM Foods LLC Company Overview
- Table 31 JM Foods LLC Financial Overview
- Table 32 Seara Foods Middle East Company Overview
- Table 33 Seara Foods Middle East Financial Overview
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