Halal Food Market Report, by Product Type (Diary Products, Meat Products, Grain Products, Vegan Products, and Others), by Distribution Channel (Hypermarkets, Supermarkets, Online Stores, Convenience Stores, Specialty Stores, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

  • Published On : Jun 2019 |
  • Pages : 133 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

­­­Global Halal Food Market – Insights

The term “Halal” is defined as permissible and in alteration it is used as lawful. Halal food is prepared following Islamic dietary laws and regulations that determines what is lawful, clean, and permissible. Global halal food market is driven by factors such as increasing Muslim population coupled with improvement in supply chain in the retail sector.

According to the World Health Organization (WHO), the global Muslim population is expected to grow twice as fast as non-Muslims by 2030. By 2030, Muslims are expected to comprise over a quarter of the global population. Moreover, according to the WHO, the global population of Muslims was around 2 Bn in 2017. The increasing use of halal products by the general population globally is driving growth of the global halal food market over the forecast period.

Lack of global regulatory body for certification of halal food products is expected to restrain growth of the halal food market in the near future. New halal standards are being developed by the European Committee for Standardization (CEN) for halal-based products, so as to prevent individual member states from creating their own national halal standards.

However, several EU nations are against un-stunned slaughter that is used in halal food. Countries such as Denmark, Norway, Latvia, and Sweden ban slaughter without stunning. This in turn, is expected to affect growth of the halal food production, thus hampering growth of the global halal food market.

The global halal food market was valued at US$ 715.0 Bn in 2018, and is expected to register a CAGR of 12.7%, in terms of revenue over the forecast period (2019 to 2027), to reach US$ 2,043.2 Bn by 2027.

Asia Pacific held the largest revenue share of 55.8% in the global halal food market in 2018, and is expected to maintain its dominance over the forecast period. Furthermore, Asia Pacific region is projected to be the fastest growing region in the global halal food market during the forecast period. The growth of Asia Pacific halal food market is attributed to high presence of Halal Certification authorities in Asia Pacific that are gaining trust of consumers. For instance, Department of Islamic Development of Malaysia has 56 halal certification bodies in 33 economies such as China, Taiwan, and various others. This helps halal certified products to develop extensive distribution and business across Asia Pacific.

Figure 1. Global Halal Food Market Share (%), By Region, 2018

Source: Coherent Market Insights, 2018-19

Based on product type, meat products segment accounted for the largest market share in the Asia pacific halal food market. The segment growth in the region is driven by the rising Muslim population in the region coupled with growing consumption of meat products. The trend is expected to continue over the forecast period. According to Cornell University Library’s publication in April 2017, the total Muslim population across the world was estimated to be 1.57 Bn during the 2016 to 2017, wherein 60.0% of the Muslim population resides in Asia Pacific.

Among distribution channel, the supermarket segment accounted for the largest revenue share of 44.6% in 2018, in the global halal food market. Growing presence of supermarket chains is fueling growth of the segment. For instance, according to United States Department of Agriculture (USDA) 2017, report, the total number of supermarkets in Egypt were 1,056 in 2016, and it is increased to over 1,215 in 2017.

Moreover, promotional and marketing activities in the form of offering lucrative discounts on products, wide variety of products to choose from, and fair presence of private label products are some of the key factors attributing to the rapid growth of this segment.

Figure 2. Global Halal Food Market Share (%), By End-use Industry, 2018

Source: Coherent Market Insights, 2018-19

Key industry players are focusing on various strategic initiatives such as mergers & acquisitions and expansion of their manufacturing facilities, to develop new products. For instance, in January 2016, Kawan Food Berhad invested US$ 25.8 million for the expansion of its production facility at Selangor Halal Hub in Pulau Indah, Malaysia. The objective was to cater to increasing demand for its products. Major players operating in the global halal food market include Cargill Inc., Al Islami Foods, QL Resources Sdn Bhd, Haoyue Group, Kawan Food Berhad, BRF S.A., and Saffron Road Food.

Halal Foods are food items, which are free from components that are prohibited for consuming for Muslim community, according to the Islamic law. These foods are prepared, processed, produced, made, manufactured, or stored in utensils and machinery that have cleaned according to laws of Islamic community.

The global halal food market is expanding rapidly, owing to rising Muslim population together with the increase in people who consume these food for non-religious reasons. The U.S. sales of overall halal food market in the past few years recorded an upsurge to US$ 20 billion in 2016, a 15.0% increase since 2012. This trend is predicted to continue in near future as well.

Market Dynamics

In 2018, meat products segment accounted for the largest market share in the global halal food market. In 2018, the segment contributed for over 44.0% share in the market in terms of revenue. Increasing consumption of meat products across the globe is predicted to drive the demand for meat products across the globe.

Among regions, in 2018, Asia Pacific held dominant position in the global halal food market and contributed revenue share of around 56.0% in the global market. The market growth is driven by increasing population in the region coupled with rising consumption of halal food in ASEAN countries such as Malaysia, Indonesia, and others.

Key features of the study:

  • This report provides in-depth analysis of halal food market and provides market size (US$ Bn) and Compound Annual Growth Rate (CAGR %) for the forecast period (2019–2027), considering 2018 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 approvals, regional outlook, and competitive strategy adopted by key players
  • It profiles key players in the global halal food market based on 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, QL Resources Sdn Bhd, Haoyue Group, Kawan Food Berhad, BRF S.A., and Saffron Road Food
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
  • The global 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 global halal food market

Detailed Segmentation:

  • Global Halal Food Market, By Product Type:
    • Dairy Products
    • Meat Products
    • Grain Products
    • Vegan Products
    • Others
  • Global Halal Food Market, By Distribution Channel:
    • Hypermarkets
    • Supermarkets
    • Online Stores
    • Convenience Stores
    • Specialty Stores
    • Others
  • Global Halal Food Market, By Region:
    • North America
      • U.S.
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
      • Canada
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
    • Latin America
      • Brazil
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
      • Argentina
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
      • Mexico
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
      • Rest of Latin America
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
    • Europe
      • Germany
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
      • U.K.
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
      • Netherlands
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
      • Italy
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
      • Spain
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
      • Russia
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
      • Rest of Europe
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
    • Asia Pacific
      • China
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
      • India
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
      • ASEAN
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
      • Japan
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
      • South Korea
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
      • Australia
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
      • Rest of Asia Pacific
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
    • Middle East
      • GCC
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
      • Israel
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
      • Rest of Middle East
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
    • Africa
      • Northern Africa
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
      • Central Africa
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
      • South Africa
        • By Product Type:
          • Dairy Products
          • Meat Products
          • Grain Products
          • Vegan Products
          • Others
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Online Stores
          • Convenience Stores
          • Specialty Stores
          • Others
  • Company Profiles
    • Cargill Inc.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Al Islami Foods
    • QL Resources Sdn Bhd
    • Haoyue Group
    • Kawan Food Berhad
    • BRF S.A.
    • Saffron Road Food

 “*” marked represents similar segmentation in other categories in the respective section.

 

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet By Product Type
      • Market Snippet By Distribution Channel
      • Market Snippet By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • PEST Analysis
      • PORTER Analysis
      • Regulatory Scenario
      • Key Industry Trends
      • List of Manufacturers, By Region
      • Overview of the Food & Beverage Industry
    • Cost Tier Down Analysis
  4. Global Halal Food Market, By Product Type, 2017 - 2027 (US$ Bn)
    • Introduction
      • Market Share Analysis, 2018 and 2027 (%)
      • Y-O-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Dairy Products
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2019 - 2027, (US$ Bn)
    • Meat Products
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2019 - 2027, (US$ Bn)
    • Grain Products
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2019 - 2027, (US$ Bn)
    • Vegan Products
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2019 - 2027, (US$ Bn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2019 - 2027, (US$ Bn)
  5. Global Halal Food Market, By Distribution Channel, 2017 - 2027 (US$ Bn)
    • Introduction
      • Market Share Analysis, 2018 and 2027 (%)
      • Y-O-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Hypermarkets
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2019 - 2027, (US$ Bn)
    • Supermarkets
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2019 - 2027, (US$ Bn)
    • Online Stores
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2019 - 2027, (US$ Bn)
    • Convenience Stores
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2019 - 2027, (US$ Bn)
    • Specialty Stores
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2019 - 2027, (US$ Bn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2019 - 2027, (US$ Bn)
  6. Global Halal Food Market, By Regions, 2017 - 2027 (US$ Bn)
    • Introduction
      • Market Share Analysis, By Region, 2018 and 2027 (%)
      • Y-O-Y Growth Analysis, For Regions, 2019 - 2027
    • North America
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-O-Y Growth Analysis, By Country, 2019 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
    • Latin America
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-O-Y Growth Analysis, By Country, 2019 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
        • Rest of Latin America
          • Country/Region Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
    • Europe
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-O-Y Growth Analysis, By Country, 2019 - 2027
        • Germany
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
        • Netherlands
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
        • Rest of Europe
          • Country/Region Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
    • Asia Pacific
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-O-Y Growth Analysis, By Country, 2019 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
        • India
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
        • Rest of Asia Pacific
          • Country/Region Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
    • Middle East
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-O-Y Growth Analysis, By Country, 2019 - 2027
        • GCC
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
        • Israel
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
        • Rest of Middle East
          • Country/Region Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
    • Africa
      • Market Share Analysis, By Sub-Region, 2018 and 2027 (%)
      • Y-O-Y Growth Analysis, By Sub-Region, 2019 - 2027
        • Northern Africa
          • Country/Region Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
        • Central Africa
          • Country/Region Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
        • South Africa
          • Country/Region Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Bn)
  7. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • Cargill Inc.
        • Company Overview
        • Product Type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Al Islami Foods
        • Company Overview
        • Product Type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • QL Resources Sdn Bhd
        • Company Overview
        • Product Type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Haoyue Group
        • Company Overview
        • Product Type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Kawan Food Berhad
        • Company Overview
        • Product Type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • BRF S.A.
        • Company Overview
        • Product Type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Saffron Road Food
        • Company Overview
        • Product Type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • Analyst Views
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 27 market data tables and 22 figures on "Halal Food Market - Global forecast to 2027”.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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