MENA Halal Food Market - Size, Share, Trends, and Forecast, 2022 - 2028
Halal food industry is projected to gain major traction in MENA region in the near future due to rapid penetration of halal food distribution channels in the region. Moreover, increasing awareness about halal food and rapid adoption of halal food as safe and natural food are some of the key factors driving growth of the MENA halal food market.
Market Outlook
Increasing focus on developing halal food infrastructure (product manufacturing, product testing facilities) and favorable government initiatives to promote halal food products in MENA region is projected to fuel growth of the MENA halal food market over the forecast period. Among product type, meat products segment accounted for highest market share in 2021. Owing to increasing consumption of meat, the segment is projected to retain its dominance over the forecast period. Middle East accounted for the largest share in 2016 and is expected to retain its dominance over the forecast period. This is mainly due to large presence of manufacturers of halal food products in the region.
Key features of the study:
This report provides in-depth analysis of MENA halal food market and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the MENA halal food market on the basis of the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Cargill Inc., Al Islami Foods, BRF, Agthia, Fine Foods, Rhodes Food Group Holdings Ltd, Global Food Industries, LLC, and Alpha Fine Foods
Insights from this report would allow marketers and the management authorities of companies to make informed decisions regarding their future product launch, technology upgrade, market expansion, and marketing tactics
The MENA halal food market report caters to various stakeholders in this industry including investors, suppliers, halal food manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision making through various strategy matrices used in analyzing the MENA halal food market
Detailed Segmentation:
MENA Halal Food Market, By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
MENA Halal Food Market, By Distribution Channel:
Hypermarkets
Supermarkets
Specialty Stores
Online Channel
Convenience Stores
Others
MENA Halal Food Market, By Region:
Middle East
Saudi Arabia
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Specialty Stores
Online Channel
Convenience Stores
Others
UAE
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Specialty Stores
Online Channel
Convenience Stores
Others
Kuwait
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Specialty Stores
Online Channel
Convenience Stores
Others
Oman
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Specialty Stores
Online Channel
Convenience Stores
Others
Qatar
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Specialty Stores
Online Channel
Convenience Stores
Others
Bahrain
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Specialty Stores
Online Channel
Convenience Stores
Others
Rest of Middle East
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Specialty Stores
Online Channel
Convenience Stores
Others
North Africa
By Product Type:
Dairy Products
Meat Products
Grain Products
Vegan Products
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Specialty Stores
Online Channel
Convenience Stores
Others
Company Profiles
Cargill Inc.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Al Islami Foods
BRF
Agthia
Fine Foods
Rhodes Food Group Holdings Ltd
Global Food Industries, LLC
Alpha Fine Foods
“*” marked represents similar segmentation in other categories in the respective section.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook