The GCC Halal Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the market to grow at a CAGR of around 9% during 2021-2026. The report provides a detailed analysis of the market by Product Type, Distribution Channel, Country. Also, the report analysis the market’s competitive landscape. Report Metric Historical: 2015-2020 Base Year: […]
GCC Halal Food Market Insights: Trends, Growth, and Forecast 2026
The GCC Halal Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the market to grow at a CAGR of around 9% during 2021-2026. The report provides a detailed analysis of the market by Product Type, Distribution Channel, Country. Also, the report analysis the market’s competitive landscape.
Report Metric
Historical: 2015-2020
Base Year: 2020
Forecast Year: 2021-2026
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Industry Definition and Application:
Halal food represents a category of food items and beverages prepared according to the Islamic dietary law. As per the guidelines, the consumption of animals that are dead before slaughtering or not slaughtered in the name of Allah, pork by-products, alcohol, etc. is prohibited or considered haram. Also, these food products are packaged and stored in utensils that are cleaned following the Islamic rules. Some of the commonly consumed halal food products include poultry, meat, seafood, oil and fats, fruits and vegetables, dairy products, confectionery, etc.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends and Drivers:
The wide presence of the Muslim population who abide by the Islamic Shariah norms in the GCC region is primarily driving the market for halal food items. Moreover, the growing number of stringent regulatory frameworks for mandating halal certification is further strengthening the market growth. Besides this, the rising awareness towards food safety, hygiene, and reliability of these products among the Muslim and non-Muslim population in the region is also augmenting the demand for halal food items. Additionally, the expanding food retail sector and the increasing availability of halal food and beverages across multiple distribution channels are further bolstering the market growth. Besides this, several international brands are diversifying their product portfolios to cater to the religious beliefs of their regional consumers, thereby is expected to propel the market growth across GCC countries during the forecast period.
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GCC Halal Food MarketSegmentation:
The report has segmented the market on the basis of Product Type, Distribution Channel, Country.
Breakup by Product Type:
· Meat, Poultry & Seafood
· Fruits & Vegetables
· Dairy Products
· Cereals & Grains
· Oil, Fats & Waxes
· Confectionery
· Others
Breakup by Distribution Channel:
· Traditional Retailers
· Supermarkets & Hypermarkets
· Online
· Others
Breakup by Country:
· Saudi Arabia
· UAE
· Oman
· Kuwait
· Qatar
· Bahrain
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Who are the Major GCC Halal Food MarketKey players?
The report provides a detailed analysis of GCC halal food market leaders, including.
Al Islami Foods, Al Kabeer Group ME, Al Rawdah Foods, Al-Falah Supermarket, BRF Global (Sadia Halal), Nestle S.A., Podravka Gulf FZE, JM Foods LLC, American Halal Company Inc. (Saffron Road) and Seara Foods Middle East.
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