Asia-Pacific Halal Food and Beverage Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Asia-Pacific Market for Halal Food and Beverage is Segmented by Product Type (Halal Food (Meat Products, Dairy Products, Bakery Products, Confectionery, and Other Halal Foods), Halal Beverages, and Halal Supplements), Distribution Channel (Hypermarkets/Supermarkets, Specialty Stores, Convenience Stores, and Other Distribution Channels) and Geography

Market Snapshot

asia-pacific halal food and beverages market summary
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 5.5 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The Asia-Pacific market for halal food and beverage is projected to register a CAGR of 5.5 %, during the forecast period (2020 to 2025).

  • The rapid growth in the Islamic population and the awareness regarding halal food among the non-Muslim population are the major market drivers for the halal food and beverage market.
  • The need for halal certifications by authorized bodies is strong and the certification requirements have contributed to an increase in the demand and the consumption of genuine halal food products.
  • However, the production processes need to be upgraded in order to improve quality and satisfying the domestic demand and export requirements.

Scope of the Report

The Asia-Pacific market for halal food and beverages is segmented by product type, into halal food, halal beverages, and halal supplements. The halal food section is further divided into meat products, bakery products, dairy products, confectionery and other halal foods. Based on the distribution channel, the market is segmented into hypermarkets/supermarkets, specialty stores, convenience stores, and other distribution channels. The study also involves the analysis of regions, such as China, Japan, India, Australia, Indonesia, Malaysia, Singapore, and the rest of Asia-Pacific.

By Product Type
Halal Food
Meat Products
Bakery Products
Dairy Products
Confectionery
Other Halal Foods
Halal Beverages
Halal Supplements
By Distribution Channel
Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
Other Distribution Channels
Geography
Asia-Pacific
China
Japan
India
Australia
Indonesia
Malaysia
Singapore
Rest of Asia-Pacific

Report scope can be customized per your requirements. Click here.

Key Market Trends

Increasing Demand for Halal Meat Products

The migration of people from Muslim-dominated nations to other regions is a part of the vital dynamics responsible for the significantly rising Muslim population in the Asia-Pacific region. With the increase in the number of Muslims, the demand for these types of food has also increased, and this trend is anticipated to continue over the forecast period, hence, driving the market in this region. Supporting religious obligations and preserving halal identity is not only confined to meat products, but it is also gradually expanding to cover services that are involved with halal meat and meat products. This is because the halal meat concept is no longer confined to food items, only as it also includes the notion of storage, handling, packaging, transportation, and delivery.

Asia-Pacific Halal Food and Beverage Market1

To understand key trends, Download Sample Report

Indonesia is the Fastest Growing Market

Indonesia has the largest Muslim population in the world and spent an aggregate USD 218.8 billion across the Islamic economy sectors in 2017. The vendors operating in the APAC market are certified by halal certification organizations and these organizations operate under the Sharia law (rules and principles that a Muslim is required to follow). Indonesia is one of the major countries in the APAC region has the largest retail sales value of soft drinks with the halal label. The government has enforced new certification with BPJPH to provide convenience, security, safety, and certainty of the availability of the halal products for the public and increasing the added value for business operations in producing and selling halal products.

Asia-Pacific Halal Food and Beverage Market2

To understand geography trends, Download Sample Report

Competitive Landscape

The Asia-Pacific halal food and beverage market is highly fragmented, with several players competing to gain major shares in the market. The major manufacturers operating in the market are focusing on expanding their presence and developing various flavors in various product segments, along with partnerships and mergers and acquisitions, in order to cater to the needs of the consumers. The key players are Nestle SA, American Halal Company Inc., Prima Agri-Products, Pampanga's Best Inc., and Ecolite Biotech Manufacturing Sdn Bhd, among others.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Overview

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product Type

      1. 5.1.1 Halal Food

        1. 5.1.1.1 Meat Products

        2. 5.1.1.2 Bakery Products

        3. 5.1.1.3 Dairy Products

        4. 5.1.1.4 Confectionery

        5. 5.1.1.5 Other Halal Foods

      2. 5.1.2 Halal Beverages

      3. 5.1.3 Halal Supplements

    2. 5.2 By Distribution Channel

      1. 5.2.1 Supermarkets/Hypermarkets

      2. 5.2.2 Convenience Stores

      3. 5.2.3 Specialty Stores

      4. 5.2.4 Other Distribution Channels

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 Japan

        3. 5.3.1.3 India

        4. 5.3.1.4 Australia

        5. 5.3.1.5 Indonesia

        6. 5.3.1.6 Malaysia

        7. 5.3.1.7 Singapore

        8. 5.3.1.8 Rest of Asia-Pacific

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Nestle SA

      2. 6.4.2 Pampanga's Best Inc.

      3. 6.4.3 American Halal Company Inc.

      4. 6.4.4 Prima Agri-Products

      5. 6.4.5 Ecolite Biotech Manufacturing Sdn Bhd

      6. 6.4.6 Noor Pharmaceuticals LLC

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Asia-Pacific Halal Food and Beverage Market market is studied from 2016 - 2026.

The Asia-Pacific Halal Food and Beverage Market is growing at a CAGR of 5.5% over the next 5 years.

Nestle SA, Pampanga's Best, Inc.,  American Halal Company, Inc., Prima Agri-Products, Ecolite Biotech Manufacturing Sdn Bhd are the major companies operating in Asia-Pacific Halal Food and Beverage Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!