The article cited AMA's Global Halal Meat Market Study explored substantial growth with CAGR of 20.6%. According to the study, Government Initiatives towards Food Quality Certification Scheme
is one of the primary growth factors for the market. Increasing Muslim Population and Their Substantially Increasing Expenditure on Food
is also expected to contribute significantly to the Halal Meat market. Overall, Fresh Food
applications of Halal Meat, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Carrefour Group (France), Isla Delice (France), Tahira Foods Ltd. (United Kingdom), Tesco plc (United Kingdom), Tariq Halal (United Kingdom), Reghalal (France), Reinert Group (Germany), Cleone Foods (United Kingdom), Eggelbusch (Germany) and Euro Foods Group (United Kingdom) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMAs Analyst on the Global Halal Meat market identified that the demand is rising in many different parts of the world as "Increasing Acceptance among Non-Muslim Consumers.
". Furthermore, some recent industry insights like "In August 2023,Al Islami, the esteemed purveyor of Real Halal meat, is thrilled to announce the grand re-launch of its premium products in the esteemed markets of Qatar. With an unwavering commitment to the highest Halal standards, Al Islami reintroduces its signature Chicken Griller and Chicken Parts, offering a diverse selection of cuts such as drumsticks, breast, thigh, and more." is constantly making the industry dynamic. One of the challenges that industry facing is "Lack of Food Control Infrastructure in Emerging Countries., Balancing modernization with Halal requirements and Ensuring authenticity and integrity of Halal certification"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Halal Meat market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Halal Meat market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Halal Meat market tight? Which application/end-user category or Product Type [Poultry, Mutton, Beef and Others] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Halal Meat market and other related sub-markets covered in the study.
o Key & emerging players in the Halal Meat market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Halal Meat market size is calculated using market estimation process, the Halal Meat market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Halal Meat market size has been validated using both top-down and bottom-up approaches.