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Europe market for halal food and beverages is segmented By Product Type (Halal Food (Meat Products, Dairy Products, Bakery Products, Confectionery, and Others), Halal Beverages and Halal Supplements), By Distribution Channel (Hypermarket/Supermarket, Speciality Stores, Convenience Stores, and Other Distribution Channels) and By Geography.
Europe market for halal food and beverages is projected to grow at a CAGR of 5.1 % during the forecast period (2020 to 2025).
Europe market for halal food and beverages is segmented by product type that includes halal food, halal beverages, and halal supplements. The halal food section is further divided into meat, Dairy Products, Bakery Products, Confectionery, and Others. Based on the distribution channel, the market is segmented into hypermarket/supermarket, specialty stores, convenience stores, and other distribution channels. The study also involves the analysis of regions such as United Kingdom, Germany, France, Italy, Spain, Russia and rest of Europe.
|By Product Type|
|By Distribution Channel|
|Other Distribution Channels|
|Rest of Europe|
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With the exponential growth of Europe's Muslim population in recent years, thousands of tons of religiously slaughtered halal meat is now entering the general food chain, where it is being also consumed by the non-Muslim population as they are aware of the health benefits. To cater to this growing demand, an increasing number of retail formats are selling halal food products and it is mandatory for supermarkets to label foods containing halal meat. The retail chains like Tesco, Sainsbury's, Marks & Spencer, and Waitrose sell halal food, including halal meat, confectionery, bread, cereals, and snacks. As the dynamics within the Muslim world change and globalization trends continue to shape consumers’ tastes, habits, and spending patterns across the world, the acceptance for halal-based foods, and beverages is projected to grow in Europe during the forecasted period.
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France has the largest population of Muslims in Europe and the halal offerings have also moved upscale, from the traditional neighborhood butcher who sold meat slaughtered in accordance with Islamic law, to a significant presence in French food industries, supermarkets, and even restaurants. Since the market demand for halal food is constantly developing, supermarkets have started increasing their services and dedicated more shelves to this kind of product. For instance, Casino France's second-largest supermarket chain has even created its own halal product line, which it markets under the name Wassila. In France, the government is only involved in halal certification to the extent that it has designated the three main mosques as the only distributors of permits for halal slaughter.
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The Europe halal food and beverage market is highly fragmented with several players competing to get a major share in the market. The major manufacturers operating in the market are focusing on expanding their presence and developing various flavors in various product segments, partnerships and mergers and acquisitions in order to cater to the needs of consumers. The key players are Nestle SA, American Halal Company, Inc., Prima Agri-Products, Tahira Foods and Bilal Group among others.
1.1 Study Assumptions & Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
3.1 Market Overview
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Halal Food
184.108.40.206 Meat Products
220.127.116.11 Bakery Products
18.104.22.168 Dairy Products
5.1.2 Halal Beverages
5.1.3 Halal Supplements
5.2 By Distribution Channel
5.2.2 Convenience Stores
5.2.3 Specialty Stores
5.2.4 Other Distribution Channels
5.3 By Country
5.3.2 United Kingdom
5.3.7 Rest of Europe
6. COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Nestle SA
6.4.2 Pampanga's Best, Inc.
6.4.3 American Halal Company, Inc.
6.4.4 Prima Agri-Products
6.4.5 Ecolite Biotech Manufacturing Sdn Bhd
6.4.6 Noor Pharmaceuticals LLC
7. MARKET OPPORTUNITIES AND FUTURE TRENDS