Benchmarking Successful Halal Food in Asia-Pacific

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Information about Benchmarking Successful Halal Food in Asia-Pacific
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Published on June 20, 2018

Author: Amruta08

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slide 1: Halal Food Market - Global Industry Analysis Size Share Growth Trends And Forecast To 2025 Halal is a considered as a benchmark for quality safety and lifestyle choice accepted by non-Muslim and Muslim consumers globally. Halal food refers to lawful or permissible food and drinks prepared under strictly Islamic dietary laws. Halal food market has displayed a general conception holding the concept of clean healthier and fresh food production services. The Muslim population is the fastest growing religion and is second largest population globally. It is estimated that by 2030 around 26.4 of the global population will be Muslims. Therefore the product with businesses certifed complying the Islamic requirements is expected to boost the product attractiveness in this consumer group. Get PDF with Technological trends at https:// www.xpodenceresearch.com/Request- Sample/105834 slide 2: Increasing awareness in Muslim non-Muslim consumers about halal food products has led to the resilient opportunities for a substantially rapid growth of halal food industry over the forecast period. Increasing consciousness about health and nutrition has shift the preferences towards organic food produced without using synthetic pesticides or any other non-natural chemicals. The ethnic and religious diversity in North America and Europe region has encouraged the halal food business to prepare products suitable for various groups such as the Chinese Japanese Italian Indian Mexican Seventh Day Adventist vegetarian Jewish and Muslim. Halal food market has represented signifcant opportunities for nutraceutical food beverage and pharmaceutical companies with the increasing Muslim population. The halal food reassures the product is safe clean for consumption and is prepared with a hygienic custom.. Moreover food quality is sustained in halal-certifed foodstuus as halal-certifed foods guarantees for sanitization cleanliness which further drives the demand for halal foods among non-Muslin population as well. Furthermore changing consumer perceptions regarding the halal food has provided signifcant growth opportunities to the industry over the forecast period. The government in Islamic and non-Islamic countries with halal-certifed food manufacturers have taken various initiatives from market campaigns and customers generating awareness about halal food products. . Moreover rising slide 3: consciousness for procedures of animal slaughtering has an optimistic infuence on the market. For example from 2013 the Netherland government has requested European Commission EC to attach a sticky label on all non-stunned halal products. As per the government policies transparency in the slaughter process should be employed to keep the religious unharmed. Other factors including short preparation time for halal food and ease of cooking have improved the segment demand specifcally in the children teenagers and working class. Although persistent confusing environment for establishing international halal standards is considered to be the major constraint of the market. Furthermore the primary concern for the manufacturers is to defne the specifc standard for accessing the target market. These companies constantly update the various certifcations for optimizing the trade process and harmonizing the standards. The global halal food market has been segmented based on product distribution channel and end users. On the basis of products the halal food market is segregated as meat alternatives fruits vegetables grain products milk milk products and other halal food beverage products. Based on distribution the market is divided as traditional retailers supermarkets hypermarkets and others. End-user segment is bifurcated as retail and food services. Obtain Report Details with technological advancement at slide 4: https://www.xpodenceresearch.com/Reports/ Halal-Food-Market Asia Pacifc region is anticipated to be the largest market in terms of revenue generation owing to largest Muslim population in the world. More than 65 of the global Muslim population belongs to this region. Indonesia India Pakistan Myanmar Bangladesh and Morocco are few of the Asia Pacifc nations with the major Muslim population globally. Henceforth nourishing the massive community in Asia Pacifc has led to the signifcant growth of the halal food market. Middle East and African nations are also sheltering over 327 million Muslims and are increasing potential opportunities for importers in the industry. The increasing population and growing consumer awareness towards Islamic lifestyle especially in the Middle East is one of the key factors driving the sector growth. The global halal food sector is fragmented market with companies such as Kellogg Nestlé Glanbia Cheese Ltd Coco Cola Ltd. Guenther Bakeries UK Ltd Kellogg’s Supply Services Ltd Guenther Bakeries UK Ltd and Royal Unibrew A/S functioning from diuerent regions. Nestlé exclusively establish around 35 of the global revenue. The lack of international certifcation and standards variation in diuerent regions is a major challenge confronted by the market players. Furthermore new product developments and marketing strategies are less prioritized in the industry. slide 5: About Us: Xpodence Research is a U.S. based Market Research Company and ouers the most extensive collection of progressive surveying syndicated and customized research reports of various categories for private and public industries across the globe. We ouer the comprehensive market research solution for all the industries by performing the in- depth study of industry trends verticals globally. We believe in building an eternal bond with our customers through providing them inclusive research study both customized and syndicated based on their specifc requirements. The organizations in every industry such as Technology Pharmaceuticals Consumable Goods Food Beverage and others demands a market- based solutions for various signifcant decisions based on productivity and output globally. Our services are tailored specifcally to our clients by proposing them the potential outcome based on our in-depth analysis and insights for exploring the growth strategies through providing the best possible decision for quality production. Contact Us: 244 Madison Avenue New York City NY - 10016 United States Toll Free: +1- 844-445-2861 Phone: +1- 347-983-9688 slide 6: Email: salesxpodenceresearch.com

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