Global Halal Ingredients Market Analysis By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 1/12/2023
- NO OF PAGES
- 232
- CATEGORY
- Food & Beverages
Market Overview:
The halal ingredients market refers to the market for ingredients that are permissible according to Islamic law, which includes not only food and beverage products but also cosmetics, pharmaceuticals, and personal care products. The halal ingredients market has been growing in recent years, driven by the increasing demand for halal products among the Muslim population worldwide.
The halal ingredients market is composed of various ingredients such as amino acids, enzymes, flavors and colors, gelatin, starches, sweeteners, and others. These ingredients are used in various applications such as food and beverage, cosmetics, pharmaceuticals, and personal care products.
The food and beverage industry is the largest application segment in the halal ingredients market, with products such as meat and poultry, dairy products, and confectionery being the most popular. The cosmetics and personal care segment is also growing rapidly, with increasing demand for halal-certified products that do not contain ingredients derived from animals or alcohol.
The halal ingredients market is also driven by various factors such as the increasing Muslim population worldwide, rising disposable incomes, and growing awareness about halal-certified products. Additionally, the increasing number of halal certifications being issued by various organizations has also been a key driver for the market.
The Asia Pacific region is the largest market for halal ingredients, with countries such as Indonesia, Malaysia, and Pakistan being major contributors to the market. The Middle East and Africa region is also a significant market for halal ingredients due to the high demand for halal products in the region.
Overall, the halal ingredients market is expected to continue to grow in the coming years, driven by the increasing demand for halal-certified products and the growing awareness of halal ingredients.
Covid-19 Impact:
The COVID-19 pandemic has had a mixed impact on the halal ingredients market. On one hand, the pandemic has led to disruptions in supply chains and distribution networks, which has resulted in reduced production and sales of halal ingredients. On the other hand, the pandemic has also led to increased demand for halal-certified products, particularly in the food and beverage sector.
The pandemic has caused significant disruptions in the global food supply chain, leading to a shortage of raw materials and ingredients. This has affected the production of halal ingredients, which has resulted in supply chain disruptions and increased prices. The restrictions on international trade and travel have also led to delays in the delivery of halal ingredients, which has impacted the production of halal-certified products.
However, the pandemic has also led to increased demand for halal-certified products, particularly in the food and beverage sector. With consumers becoming more health-conscious and seeking out products that meet their dietary and religious requirements, there has been a growing demand for halal-certified products. This has led to increased investments in the halal ingredients market and a shift towards more sustainable and ethical production practices.
Overall, the COVID-19 pandemic has had a mixed impact on the halal ingredients market, with both positive and negative effects. While the pandemic has caused disruptions in the supply chain and distribution networks, it has also led to increased demand for halal-certified products, which is expected to drive the growth of the halal ingredients market in the coming years.
Market Dynamics:
Drivers:
There are several drivers for the growth of the halal ingredients market:
- Increasing Muslim population: The global Muslim population is increasing rapidly, particularly in countries such as Indonesia, Malaysia, and Pakistan, which are major contributors to the halal ingredients market. As the Muslim population grows, there is a corresponding increase in demand for halal-certified products.
- Growing awareness of halal-certified products: There is a growing awareness among consumers about halal-certified products and the benefits they offer, such as improved quality and safety. As consumers become more health-conscious and seek out products that meet their dietary and religious requirements, there is a growing demand for halal-certified products.
- Rising disposable incomes: As disposable incomes rise, consumers are willing to pay more for premium products that meet their dietary and religious requirements. This has led to an increase in demand for halal-certified products, particularly in the food and beverage sector.
- Increased investments in the halal ingredients market: With the growing demand for halal-certified products, there has been an increase in investments in the halal ingredients market. This has led to the development of new products and the adoption of more sustainable and ethical production practices.
- Government support for halal certification: Governments in countries with significant Muslim populations are increasingly supporting the development of halal certification systems and promoting the use of halal-certified products. This has led to the development of new markets for halal ingredients and an increase in demand for halal-certified products.
Overall, these drivers are expected to continue to support the growth of the halal ingredients market in the coming years.
Regional Analysis:
The halal ingredients market can be analyzed regionally as follows:
- Asia-Pacific: The Asia-Pacific region dominates the halal ingredients market, with countries such as Indonesia, Malaysia, and Pakistan being major contributors. The region has a large Muslim population and is home to several major halal ingredients manufacturers. The increasing demand for halal-certified products in the food and beverage sector, coupled with rising disposable incomes, is driving the growth of the halal ingredients market in the region.
- Middle East & Africa: The Middle East & Africa region is also a significant contributor to the halal ingredients market, with countries such as Saudi Arabia, UAE, and Egypt being major markets. The region has a large Muslim population and a growing demand for halal-certified products in the food and beverage sector. The region is also home to several major halal ingredients manufacturers.
- Europe: Europe is a growing market for halal ingredients, with countries such as France, Germany, and the UK being major contributors. The increasing demand for halal-certified products, particularly in the food and beverage sector, is driving the growth of the halal ingredients market in the region.
- North America: North America is a relatively small market for halal ingredients, but it is growing rapidly. The increasing demand for halal-certified products, particularly among the Muslim population, is driving the growth of the halal ingredients market in the region.
Overall, the Asia-Pacific and Middle East & Africa regions are expected to continue to dominate the halal ingredients market in the coming years, with increasing demand for halal-certified products driving the growth of the market in these regions. However, the growing awareness and demand for halal-certified products in Europe and North America are also expected to contribute to the growth of the halal ingredients market in these regions.
Market Segmentation:
The halal ingredients market can be segmented based on various factors such as type, application, and region. Here are some of the key segments in the market:
By Type:
- Ingredients for food & beverage: This segment includes ingredients such as flavors, emulsifiers, enzymes, colors, and preservatives used in the production of halal-certified food and beverage products.
- Ingredients for pharmaceuticals: This segment includes ingredients such as excipients, binders, and fillers used in the production of halal-certified pharmaceutical products.
- Ingredients for personal care & cosmetics: This segment includes ingredients such as emollients, humectants, and surfactants used in the production of halal-certified personal care and cosmetic products.
By Application:
- Food & Beverage: This segment includes halal-certified food and beverage products such as processed meat, bakery products, dairy products, and beverages.
- Pharmaceuticals: This segment includes halal-certified pharmaceutical products such as tablets, capsules, and syrups.
- Personal care & cosmetics: This segment includes halal-certified personal care and cosmetic products such as skin care, hair care, and oral care products.
By Region:
- Asia-Pacific: This segment includes countries such as Indonesia, Malaysia, and Pakistan, which are major contributors to the halal ingredients market.
- Middle East & Africa: This segment includes countries such as Saudi Arabia, UAE, and Egypt, which are also significant markets for halal ingredients.
- Europe: This segment includes countries such as France, Germany, and the UK, which are growing markets for halal ingredients.
- North America: This segment includes countries such as the US and Canada, which are relatively small markets for halal ingredients, but are growing rapidly.
Overall, the halal ingredients market is expected to continue to grow as the demand for halal-certified products increases, particularly in the food and beverage sector. The development of new and innovative halal ingredients, as well as the expansion of halal certification systems in different regions, is also expected to contribute to the growth of the market.
Competitive Landscape:
Some of the key players in the global halal ingredients market include:
- Archer Daniels Midland Company
- Kerry Group
- Barentz International
- Cargill, Inc.
- BASF SE
- PureCircle
- DowDupont Inc.
- Koninklijke DSM N.V.
- Symrise AG
- Halagel (M) Sdn. Bhd.
These companies are involved in the production and supply of halal ingredients for various applications such as food and beverage, pharmaceuticals, and personal care and cosmetics. They are investing in research and development activities to develop new and innovative halal ingredients to meet the growing demand for halal-certified products. They are also expanding their operations in different regions to cater to the growing demand for halal ingredients in various markets. The increasing demand for halal ingredients has also led to collaborations and partnerships among key players to expand their product portfolios and enhance their market presence.
Base Year: 2023Historic Year: 2016-2022
Forecast: 2024-2035
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Halal Ingredients Revenue
1.4 Market Analysis by Type
1.4.1 Global Halal Ingredients Market Size Growth Rate by Type: 2023 VS 2032
1.4.2 Food Grade
1.4.3 Cosmetic Grade
1.4.4 Pharmaceutical Grade
1.5 Market by Application
1.5.1 Global Halal Ingredients Market Share by Application: 2023-2032
1.5.2 Food and Beverage
1.5.3 Pharmaceuticals
1.5.4 Cosmetics
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Halal Ingredients Market
1.8.1 Global Halal Ingredients Market Status and Outlook (2017-2032)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Halal Ingredients Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Halal Ingredients Revenue Market Share by Manufacturers (2017-2022)
2.3 Global Halal Ingredients Average Price by Manufacturers (2017-2022)
2.4 Manufacturers Halal Ingredients Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Halal Ingredients Sales Volume Market Share by Region (2017-2022)
3.2 Global Halal Ingredients Sales Revenue Market Share by Region (2017-2022)
3.3 North America Halal Ingredients Sales Volume
3.3.1 North America Halal Ingredients Sales Volume Growth Rate (2017-2022)
3.3.2 North America Halal Ingredients Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 East Asia Halal Ingredients Sales Volume
3.4.1 East Asia Halal Ingredients Sales Volume Growth Rate (2017-2022)
3.4.2 East Asia Halal Ingredients Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Halal Ingredients Sales Volume (2017-2022)
3.5.1 Europe Halal Ingredients Sales Volume Growth Rate (2017-2022)
3.5.2 Europe Halal Ingredients Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 South Asia Halal Ingredients Sales Volume (2017-2022)
3.6.1 South Asia Halal Ingredients Sales Volume Growth Rate (2017-2022)
3.6.2 South Asia Halal Ingredients Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Southeast Asia Halal Ingredients Sales Volume (2017-2022)
3.7.1 Southeast Asia Halal Ingredients Sales Volume Growth Rate (2017-2022)
3.7.2 Southeast Asia Halal Ingredients Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.8 Middle East Halal Ingredients Sales Volume (2017-2022)
3.8.1 Middle East Halal Ingredients Sales Volume Growth Rate (2017-2022)
3.8.2 Middle East Halal Ingredients Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.9 Africa Halal Ingredients Sales Volume (2017-2022)
3.9.1 Africa Halal Ingredients Sales Volume Growth Rate (2017-2022)
3.9.2 Africa Halal Ingredients Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.10 Oceania Halal Ingredients Sales Volume (2017-2022)
3.10.1 Oceania Halal Ingredients Sales Volume Growth Rate (2017-2022)
3.10.2 Oceania Halal Ingredients Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.11 South America Halal Ingredients Sales Volume (2017-2022)
3.11.1 South America Halal Ingredients Sales Volume Growth Rate (2017-2022)
3.11.2 South America Halal Ingredients Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.12 Rest of the World Halal Ingredients Sales Volume (2017-2022)
3.12.1 Rest of the World Halal Ingredients Sales Volume Growth Rate (2017-2022)
3.12.2 Rest of the World Halal Ingredients Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
4 North America
4.1 North America Halal Ingredients Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Halal Ingredients Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Halal Ingredients Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Halal Ingredients Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Halal Ingredients Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Halal Ingredients Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Halal Ingredients Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Halal Ingredients Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Halal Ingredients Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Halal Ingredients Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Halal Ingredients Sales Volume Market Share by Type (2017-2022)
14.2 Global Halal Ingredients Sales Revenue Market Share by Type (2017-2022)
14.3 Global Halal Ingredients Sales Price by Type (2017-2022)
15 Consumption Analysis by Application
15.1 Global Halal Ingredients Consumption Volume by Application (2017-2022)
15.2 Global Halal Ingredients Consumption Value by Application (2017-2022)
16 Company Profiles and Key Figures in Halal Ingredients Business
16.1 Koninklijke DSM N.V.
16.1.1 Koninklijke DSM N.V. Company Profile
16.1.2 Koninklijke DSM N.V. Halal Ingredients Product Specification
16.1.3 Koninklijke DSM N.V. Halal Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.2 Cargill
16.2.1 Cargill Company Profile
16.2.2 Cargill Halal Ingredients Product Specification
16.2.3 Cargill Halal Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.3 Barentz B.V.
16.3.1 Barentz B.V. Company Profile
16.3.2 Barentz B.V. Halal Ingredients Product Specification
16.3.3 Barentz B.V. Halal Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.4 ADM
16.4.1 ADM Company Profile
16.4.2 ADM Halal Ingredients Product Specification
16.4.3 ADM Halal Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.5 Kerry
16.5.1 Kerry Company Profile
16.5.2 Kerry Halal Ingredients Product Specification
16.5.3 Kerry Halal Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.6 DowDupont
16.6.1 DowDupont Company Profile
16.6.2 DowDupont Halal Ingredients Product Specification
16.6.3 DowDupont Halal Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.7 Solvay S.A.
16.7.1 Solvay S.A. Company Profile
16.7.2 Solvay S.A. Halal Ingredients Product Specification
16.7.3 Solvay S.A. Halal Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.8 BASF
16.8.1 BASF Company Profile
16.8.2 BASF Halal Ingredients Product Specification
16.8.3 BASF Halal Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.9 Symrise
16.9.1 Symrise Company Profile
16.9.2 Symrise Halal Ingredients Product Specification
16.9.3 Symrise Halal Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.10 Ashland
16.10.1 Ashland Company Profile
16.10.2 Ashland Halal Ingredients Product Specification
16.10.3 Ashland Halal Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.11 Purecircle Limited
16.11.1 Purecircle Limited Company Profile
16.11.2 Purecircle Limited Halal Ingredients Product Specification
16.11.3 Purecircle Limited Halal Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
17 Halal Ingredients Manufacturing Cost Analysis
17.1 Halal Ingredients Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Halal Ingredients
17.4 Halal Ingredients Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Halal Ingredients Distributors List
18.3 Halal Ingredients Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Halal Ingredients (2023-2032)
20.2 Global Forecasted Revenue of Halal Ingredients (2023-2032)
20.3 Global Forecasted Price of Halal Ingredients (2017-2032)
20.4 Global Forecasted Production of Halal Ingredients by Region (2023-2032)
20.4.1 North America Halal Ingredients Production, Revenue Forecast (2023-2032)
20.4.2 East Asia Halal Ingredients Production, Revenue Forecast (2023-2032)
20.4.3 Europe Halal Ingredients Production, Revenue Forecast (2023-2032)
20.4.4 South Asia Halal Ingredients Production, Revenue Forecast (2023-2032)
20.4.5 Southeast Asia Halal Ingredients Production, Revenue Forecast (2023-2032)
20.4.6 Middle East Halal Ingredients Production, Revenue Forecast (2023-2032)
20.4.7 Africa Halal Ingredients Production, Revenue Forecast (2023-2032)
20.4.8 Oceania Halal Ingredients Production, Revenue Forecast (2023-2032)
20.4.9 South America Halal Ingredients Production, Revenue Forecast (2023-2032)
20.4.10 Rest of the World Halal Ingredients Production, Revenue Forecast (2023-2032)
20.5 Forecast by Type and by Application (2023-2032)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2023-2032)
20.5.2 Global Forecasted Consumption of Halal Ingredients by Application (2023-2032)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Halal Ingredients by Country
21.2 East Asia Market Forecasted Consumption of Halal Ingredients by Country
21.3 Europe Market Forecasted Consumption of Halal Ingredients by Countriy
21.4 South Asia Forecasted Consumption of Halal Ingredients by Country
21.5 Southeast Asia Forecasted Consumption of Halal Ingredients by Country
21.6 Middle East Forecasted Consumption of Halal Ingredients by Country
21.7 Africa Forecasted Consumption of Halal Ingredients by Country
21.8 Oceania Forecasted Consumption of Halal Ingredients by Country
21.9 South America Forecasted Consumption of Halal Ingredients by Country
21.10 Rest of the world Forecasted Consumption of Halal Ingredients by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer
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