Market Analysis Report Halal Food Market | Page 2

Your Catalyst to a Lucrative Business Processed food & beverages dominated the market in 2016 and are expected to maintain its leading position over the forecast period as well. Food & beverages segment was followed by bakery products segments and confectionary segments. Over the forecast period, bakery products segment is expected to grow at a CAGR of 9.6% with an increasing demand for ready to eat and packaged bakery products such as cookies, doughnuts, savoury pastries, pretzels, biscuits and cakes. The market is fragmented with the presence of many international and domestic vendors. Vendors in the market are focusing on product quality and geographical expansion globally. Vendors are also registering themselves with halal certification organisations. Some of the leading players operating in the halal food market are Al Islami Foods, QL Foods, Saffron Road Food, Dagang Halal, Janan Meat, Kawan Foods, Cargill, Prima Agri-Products, Nestle and Cleone Foods. Over the past few years, fast food chains such as KFC and McDonalds have started providing halal certified products to widen their customer base. Hexa Research has segmented the global halal food market based on application and region: Segmentation by application, 2014 - 2024 (USD Billion) • Processed food & beverages • Bakery products • Confectionary Segmentation by region, 2014 - 2024 (USD Billion) • North America • U.S. • Europe • UK • Asia Pacific • China • India • Middle East • Saudi Arabia • Africa Key players analyzed: • Al Islami Foods • QL Foods • Saffron Road Food • Dagang Halal • Janan Meat. • Kawan Foods • Cargill • Prima Agri-Products • Nestle • Cleone Foods Follow Us: