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The GCC halal food market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 9% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Halal food refers to a category of food items and beverages that are primarily prepared according to the Islamic dietary law. As per the rule, alcohol, pork by-products, and animals that are dead before slaughtering or not slaughtered in the name of Allah are all considered haram or unfit for eating. Additionally, these food products are packaged and stored in utensils that also need to be cleaned according to the Islamic guidelines. Some of the common halal food products include meat, poultry, seafood, oil and fats, waxes, fruits and vegetables, confectionery, dairy products, etc.
In the GCC region, the wide presence of Muslim population who abide by the Islamic Sariah norms as a part of their religious beliefs is primarily driving the demand for halal food products. Additionally, the growing number of stringent regulatory frameworks that consist of mandatory halal labeling and certification rules for food and beverages is also propelling the market growth. Moreover, the rising awareness, particularly among the non-Muslim population, towards food safety, hygiene, and reliability offered by halal food products is further augmenting the market across the GCC countries. Apart from this, a significant growth in the food retail sector along with the growing availability of halal food and beverages across diverse distribution channels is also catalyzing the market growth. Additionally, the emergence of e-commerce platforms in the GCC region has further bolstered the sales of halal food items on account of diverse product ranges, discounted offers, convenient purchases, doorstep delivery, etc. Besides this, several international companies are introducing halal food variants in their product portfolios to cater to the religious beliefs of their regional consumers. Moreover, the increasing popularity of numerous ready-to-eat and convenient halal food items, such as hot dogs, nuggets, soups, candies, cookies, pizzas, etc., is expected to drive the market growth in the GCC region during the forecast period.
IMARC Group provides an analysis of the key trends in each sub-segment of the GCC halal food market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, product type and distribution channel.
Breakup by Product Type:
Breakup by Distribution Channel:
Breakup by Country:
The competitive landscape of the industry has also been examined with some of the?key players?being Al Islami Foods, Al Kabeer Group ME, Al Rawdah Foods, Al-Falah Supermarket, BRF Global (Sadia Halal), Nestle S.A., Podravka Gulf FZE, JM Foods LLC, American Halal Company Inc. (Saffron Road) and Seara Foods Middle East.
|Base Year of the Analysis||2020|
|Segment Coverage||Product Type, Distribution Channel, Country|
|Countries Covered||Saudi Arabia, UAE, Oman, Kuwait, Qatar, Bahrain|
|Companies Covered||Al Islami Foods, Al Kabeer Group ME, Al Rawdah Foods, Al-Falah Supermarket, BRF Global (Sadia Halal), Nestle S.A., Podravka Gulf FZE, JM Foods LLC, American Halal Company Inc. (Saffron Road) and Seara Foods Middle East.|
|Customization Scope||10% Free Customization|
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Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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