Halal is an Arabic term meaning "permissible" or "lawful." The opposite of halal is haram, which means "prohibited" or "unlawful." These terms govern each aspect of Muslims' lives, including food, clothing, banking, traveling, and so on. In recent years, the term "halal" has evolved in meaning to encompass a range of hygienic and high-quality food products, meat products, cosmetics, personal care products, leather goods, and food ingredients. Though halal foods were originally intended for Muslims, people of all religions and ethnic backgrounds are showing an interest in them today, as they are recognized for their safety and ethical qualities.
Technavio’s analysts forecast the halal food market in Europe to grow at a CAGR of 13.91% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the halal food market in Europe for 2016-2020. To calculate the market size, the report considers revenue generated through the sales of various halal food products, including livestock, processed food, non-alcoholic beverages, and dairy products.
The market is divided into the following segments based on products: - Fresh food - Frozen food - Grocery - Dairy
Technavio's report, Halal Food Market in Europe 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendorsoperating in this market.
Other prominent vendors - Pure Ingredients - Reinert Group - Al-Falah Halal Foods - Cleone Foods - Crown Chicken - Eggelbusch - Euro Foods Group - Shaheen Foods - Sickendiek Fleischwarenfabrik
Market driver - Increased availability of halal foods - For a full, detailed list, view our report
Market challenge - Lack of halal certification by authentic organization - For a full, detailed list, view our report
Market trend - Emergence of accreditation agencies - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2020 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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