GCC Halal Food Market: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the GCC halal food market based on its segments including product type, distribution channel and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter’s Five Forces models.
Report Metrics
Historical Year: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
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Halal food refers to food and beverage products that are strictly manufactured by following the norms made by Islamic dietary law. According to these rules, various products, such as blood, alcohol, animals that are dead before slaughtering, and those not killed in the name of Allah, pork and its by-products, etc., are forbidden or haram to consume. In addition to this, halal food items are packaged and kept in containers that have been cleaned in accordance with established religious regulations.
Note: The study incorporates COVID-19’s direct market impact as well as the indirect effects of related industries on the GCC halal food market. These insights are regularly updated by the subject matter experts at Syndicated Analytics.
GCC Halal Food Industry Trends and Drivers:
The growing Muslim population across the GCC region represents one of the primary factors driving the GCC takaful market. In line with this, halal food items are becoming popular among both Muslim and non-Muslim consumers as the halal mark facilitates the assurance of food safety, reliability, and hygiene. Furthermore, food regulating authorities of several nations are implementing stringent regulatory framework to mandate halal labeling on the products. This, in turn, is impelling the growth of the market. Additionally, key market players are increasing their product portfolio by launching several value-added food items, such as hot dogs, candies, soups, burgers, sandwiches, sauces, etc., which in turn is providing a positive outlook to the GCC market. Moreover, the wide availability of halal-certified food products on e-commerce platforms is also augmenting the market growth. Besides this, the inflating disposable income of the consumers and the elevating standard of living are fueling the demand for halal foods. Furthermore, the escalating need for environment-friendly, high-quality, and fair-trade food products is anticipated to drive the GCC halal food market in the coming years.
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GCC Halal Food Market Segmentation:
The market is segmented in on the basis of product type, distribution channel and region.
By Product Type
- Meat, Poultry & Seafood
- Fruits & Vegetables
- Dairy Products
- Cereals & Grains
- Oil, Fats & Waxes
- Confectionery
- Others
By Distribution Channel:
- Traditional Retailers
- Supermarkets & Hypermarkets
- Online
- Others
By Region
- Saudi Arabia
- United Arab Emirates
- Qatar
- Kuwait
- Oman
- Bahrain
Competitive Landscape:
The report also provides insights on the competitive landscape of the GCC halal food industry with the leading players profiled in the report.
Read Also: GCC Telemedicine Market
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