Global Halal Food & Beverage Market 2019-2027

Bharat Book Bureau Provides the Trending Market Research Report on “Global Halal
Food & Beverage Market 2019-2027”under Food & Beverage Category. The report
offers a collection of superior market research, market analysis, competitive
intelligence and Market reports.

Global Halal Food & Beverage Market is expected to show compelling growth in
terms of revenue with a CAGR of 5.85% during the forecasting period 2019-2027.

The rapid growth in the Muslim population and awareness regarding halal food
among the non-Muslim population are the major market drivers for the halal food &
beverage market. However, the implementation of halal standards such as unhygienic
practices, production & processing facilities, and expirations of halal certification
obstruct the market growth.

Key opportunities like the investment in the halal food value chain and the
development of tracking technology can be geared up by the market to reach the
projected growth. The absence of viable international schemes to accredit halal
certification bodies (HCB) is a major challenge faced by the market.

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REGIONAL OUTLOOK

The global halal food & beverage market report covers the regions, including North
America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

The Asia-Pacific is the largest market available for the growth of halal food &
beverage products in terms of revenue. The region has the largest Muslim population
in the world, which is resulting in the increasing consumption of halal food in the
region. The growing literacy rate among the young Muslim generation and increasing
awareness about the other beneficiary qualities of halal food among consumers are
also important factors for the growth of the halal food & beverage market.

COMPETITIVE OUTLOOK

Some of the prominent companies profiled in the global halal food & beverage
market report include Al Islami Foods, Crescent Foods, QL Foods Sdn Bhd, Nestlé,
Allanasons Private Limited, Cargill, Inc., Nema Food Company, NAMET, Kawan Food
Bhd, and Haoyue Group.
Nestlé is a food & beverage company that offers a wide range of products, including
baby food, medical food, bottled water, snacks, dairy products, frozen food, medical
food, breakfast cereals, confectionery, tea, and coffee. The company sells its products
under several brands such as Nescafé, Kit Kat, Nespresso, and Maggi. The company
has the world’s largest food & nutrition research organization, involving about 5000
people in corporate venture funds as well as R&D, and research partnerships with
business partners & universities.

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2019-2027/1959577

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