Global Halal Cheese Market Overview:
Halal cheese refers to a cheese that is made using ingredients that are in accordance with Islamic laws with regard to the food. Specific to cheese, rennet might make the cheese non-halal which is largely gathered from animals. As the type of animal and method by which it was slaughtered might be unknown, the rennet could make cheese non-halal. Almost all vegetarian cheese is halal because it does not contain any products from slaughtered animals. There are many commercial brands that have been certified as halal. In this case, it is certified as using only made from permitted ingredients. As an alternative to rennet halal cheese uses microbial enzymes or even plant-based enzymes to separate the milk. Depending on the situation; kosher cheese may also be halal cheese.
As per latest study released by AMA Research, the Global Halal Cheese market is expected to see growth rate of 4.9%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Emerging Consumption for Plant-Based Halal Cheese as People are Shifting Towards Vegan Diet
Market Growth Drivers:
Increasing Demand for Halal Cheese from Islamic Countries and Growing Number of Dishes Which Include Cheese as An Ingredient
Challenges:
Halal Cheese Tend to Be Pricier Than Normal Cheese and Extra Processing Needed to Make Halal Cheese
Restraints:
Allergy and Side Affects related Risks with the Consumption of Halal Cheese
Opportunities:
Increasing Demand of Halal Certified Products in Islamic Countries
Competitive Landscape:
With the increasing disposable income of Islamic countries, the demand for halal cheese is increasing. The market is fairly fragmented. A halal certificate is necessary to operate in this market. A good strategy would be targeting Muslim majority countries and regions for the better supply chain management. Cost-effectiveness is necessary for this market. Differentiation through marketing and endorsements is necessary for this market due to a lack of awareness among the general population about this.
Some of the key players profiled in the report are Dairy Produce Packers Ltd (United Kingdom), Caledonian Cheese Company (United Kingdom), Glanbia Cheese Ltd (United Kingdom), Knolton Farmhouse Cheese (United Kingdom), Long Clawson Dairy Ltd (United Kingdom), Cottage Cheese Farm (Australia), HappyCow (United States), Amul (India) and Danisco (Denmark). Considering Market by Sales Channel, the sub-segment i.e. Supermarkets will boost the Halal Cheese market. Considering Market by Product, the sub-segment i.e. Cheddar will boost the Halal Cheese market. Considering Market by Source, the sub-segment i.e. Plant-Based Cheese will boost the Halal Cheese market.
Latest Market Insights:
In August, 2023, Al Islami Foods Co. has made a significant announcement regarding the reintroduction of its premium product line in the prestigious markets of Qatar. The company is unveiling a grand re-launch, with a focus on its well-loved Chicken Griller and Chicken Parts range. This includes a diverse selection of cuts, encompassing drumsticks, breasts, thighs, and more, catering to a wide array of consumer preferences.
In August, 2023, BRF SA has taken a significant step by formally establishing a joint venture in collaboration with the Halal Products Development Company (HPDC), which operates as a subsidiary under the umbrella of Saudi Arabia's Public Investment Fund (PIF). This strategic move signifies BRF SA's proactive approach to expand its presence and capabilities in the global halal market.
According to Halal Research Council; Halal Certified products refer to products that have been endorsed by a credible Islamic body. Halal certification involves a series of steps including ingredient verification, inspection, and approval by the committee in general.
What Can be Explored with the Halal Cheese Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Halal Cheese Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Halal Cheese
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Halal Cheese market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Halal Cheese market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Halal Cheese Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.