Due to the increasing need for dietary supplements and their health benefits, halal ingredients are finding applications in industries like healthcare and pharmaceuticals. Because of their busy lifestyles, consumers are witnessing a growing demand for on-the-go, convenient, nutritionally enriched, and functional food and beverage products. The increasing trends of healthy snacking and growing awareness of functional food & beverage products further drive the world market. Halal ingredients are allowed to be used in accordance with Islamic law, based on the belief that Muslims should eat food and use "halalan toyibban" cosmetics, which means permissible and healthy. Halal ingredients are also used in a variety of beauty products such as lipsticks, creams, and soaps, as there is a high demand for such components in cosmetic products.
The Halal Ingredients Market benefits from the expansion of end-user industries, changes in consumer lifestyles, increased awareness, increased disposable income, and growth in the personal care sector. Furthermore, in the projected period of 2022 to 2027, the surge in demand for halal processed foods, drinks, cosmetics, and pharmaceutical items provides profitable prospects for halal ingredients market competitors. Halal ingredients manufacturers in the food and beverage industry are also expected to benefit from the increased standardization in the halal certification sector. The high production costs of halal products, owing to the high cost of some halal components, may hamper Halal Ingredients Market expansion throughout the projection period. Furthermore, misconceptions about halal products may stymie the market's expansion during the projection period of 2022 to 2027. The lack of consistency in halal requirements across nations is projected to pose a challenge to the expansion of the halal ingredients market. In the forecast period of 2022-2027, the halal ingredients market is expected to face challenges due to a lack of universal standards and certification issues.
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2029 |
Base Year |
2023 |
Forecast Period |
2024 to 2029 |
CAGR |
6 % |
Segments Covered |
By Type, Application & Region |
Various Analyses Covered |
Global, Regional and Country Level Analysis; Segment-Level Analysis; DROC; PESTLE Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Analyst Overview of Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
BASF SE, Cargill, Halagel Group of Companies, Solvay, Koninklijke DSM N.V, Archer Daniels Midland Company, Amara Cosmetics, Del Monte Philippines Inc, Unilever Food Solutions, Tesco |
Through use, in 2018, the food & drink segment dominated the market for halal ingredients in terms of value. Food companies concentrate on food technologies to offer halal goods to satisfy increasing consumer demand. Furthermore, companies focus on gaining consumer confidence through multiple marketing campaigns and developing a wide variety of food products for consumers, which stimulates market growth positively. Also driving the halal ingredients market in the food industry is the health benefits and cleanliness associated with halal-certified foods. Increasing standardization in the sector is projected to offer growth opportunities in the food and beverage industry to halal ingredient manufacturers.
By type, the segment of flavors is estimated to account for a larger share by the end of 2019 for halal ingredients. Flavors are added to food products to stimulate or convey a particular taste, maintain the character after processing, modify an existing flavor and mask an unwanted aftertaste. Flavor demand is due to growing consumer preferences for convenience foods and increasing consumer product demand. Also driving the market demand for halal-based flavors is the growing popularity of new and innovative flavors in ready-to-eat food items among the young generation. Due to the increasing demand, which is expected to generate competitive prospects for manufacturers on the market for halal ingredients, the majority of flavor firms are inclined to receive halal certification.
In 2019, the Middle East was the fastest-growing regional market for halal ingredients. Favourable government regulations in GCC countries drive halal nutrition. Global players in the Middle East are increasing their businesses to satisfy the expanding demand for halal ingredients. However, rapid economic growth is leading to growth in the food & drink and consumer product industries as a result of the stable political climate in countries like Saudi Arabia, Iran, and the UAE. Likewise, the growing population and increase in the region's disposable income are factors driving demand for products made with halal ingredients, which in turn is expected to drive the global market.
Key Players In Halal Ingredients Market are BASF SE, Cargill, Halagel Group of Companies, Solvay, Koninklijke DSM N.V, Archer Daniels Midland Company, Amara Cosmetics, Del Monte Philippines Inc, Unilever Food Solutions, Tesco
By Type
By Application
By Region
Frequently Asked Questions
Halal ingredients refer to substances that are permissible or lawful according to Islamic dietary laws.
Yes, there are various certification bodies and regulations that govern the production, processing, and labeling of halal ingredients, ensuring they meet Islamic dietary requirements. These certifications assure consumers that products are halal-compliant.
Halal ingredients are used in a wide range of food and beverage products, including meat, dairy, confectionery, snacks, beverages, and processed foods. They can include halal-certified meat, poultry, seafood, fruits, vegetables, grains, additives, flavors, and preservatives
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