Global Halal Ingredients Market Overview:
In Arabic, the word Halal means lawful or permitted. Halal foods are foods that are permitted under Islamic dietary guidelines. Halal ingredient in the food and product is the important thing that Muslim people must care when they want to buy that product or food. In the meat and poultry food industry, animals such as cows, lamb, sheep, goats, turkeys, chickens, ducks, bison, venison, etc, are considered halal. Halal products are free from alcohol, any forbidden animal products, and certain other ingredients and no alcohol has been used in the manufacturing process. Equipment used in the manufacturing are not used for any other products or any ingredients of animal or alcohol origin. Some of the players profiled in the study are Del Monte Philís., Inc. (Philippines), Amara cosmetics (United States), Lush Retail Ltd. (United Kingdom), DSM N.V. (Netherlands), ADM (United States), Kerry (Ireland), Solvay S.A. (Belgium), Cargill (US), BASF (Germany), Symrise (Germany), Ashland (United States) and Halagel (Malaysia).
On the basis of geography, the market of Halal Ingredients has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Ingredient Type, the sub-segment i.e. Antioxidants will boost the Halal Ingredients market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Increasing Demand for Hormone Free Meat
- Increasing Awareness of Muslim Consumers on Their Religious Obligations
- Increasing Demand for Processed Food and Drink Is Growing Massively
- Increase in the Muslim Population
- Lack of Uniformity for Halal Standards in Different Countries
- Increasing Acceptance among Non-Muslim Consumers
- Growing Demand for Organic and Natural Food among Muslim Consumers
- Higher Cost of Producing Farm-Raised and Organic-Fed Meat
On May 6, 2019- Symrise has signed a contract to acquire the Italian biotech company Cutech in Padua. The purchase will expand the expertise of Symrise in the efficacy testing of cosmetic ingredients and open new opportunities for collaboration with partners from scientific institutions. It will also increase the go-to-market speed for novel active ingredients.
Canada- As of April 2016, the Government of Canada amended the Food and Drug Regulations Act, which states that any food item claiming to be halal must include the name of the certifying body, either a third-party organization or individual certified to oversee the production of the food items to ensure regulations are followed. and Europe- The EU legislation on the killing of animals aims to minimize the pain and suffering of animals through the use of properly approved stunning methods. It applies to farmed animals. In 2009 the Union adopted Council Regulation (EC) Nį 1099/2009 on the protection of animals at the time of killing which started to apply on 1 January 2013.
Target Audience:Manufacturers of Halal Products, Suppliers of Halal Products, Wholesalers, Distributors and Retailers of Halal Products, Food and Beverage Industry, Pharmaceutical Industry, Research Organization and Governmental Bodies
Major Objectives Focused through this Study To define, describe, and forecast the Global Halal Ingredients market on the basis of product  , application [Food [Confectionery, Frozen Food, Rice Product, Others], Beverage [Coffee, Tea, Soft Drinks, Others], Cosmetic [Oral care, Fragrance, Hair Care, Others] and Pharmaceutical], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Halal Ingredients market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Halal Ingredients industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Halal Ingredients market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.