Europe Halal Food Market by Distribution Channel and Product Forecast and Analysis - 2023-2027

Published: Mar 2024 Pages: 149 SKU: IRTNTR76375

Europe Halal Food Market Forecast 2023-2027

The Europe halal food market size is projected to increase by USD 48.1 billion, at a CAGR of 4.42% between between 2022 and 2027

In Europe, the growth rate is driven by the expanding Muslim population and increasing consumer awareness of halal products, both among Muslims and non-Muslims. The global markets are witnessing rising demand, with a shift in consumer consumption trends. The offline segment, comprising traditional brick-and-mortar stores, supermarkets, and specialty shops, caters to the need for convenience. These physical outlets offer a diverse array of certified products, ranging from fresh produce to packaged foods, aligning with market forecasts and analysis.

Market Overview

The market shows an Accelerated CAGR during the forecast period.

To get additional information about the market report, Request Free Sample

Key Market Driver 

The rising Muslim population in Europe is the key factor driving the market. This demographic shift fuels demand for such products that adhere to Islamic dietary guidelines. Specialized supermarkets, restaurants, and online platforms have emerged to cater to this market segment, driving significant expansion in the market. This certification has become imperative for food manufacturers and distributors, ensuring compliance with strict standards and meeting Muslim dietary requirements.

Further, non-Muslim consumers also embrace halal options, recognizing their reliability and quality. This trend fosters mainstream acceptance and presents opportunities for businesses to tap into this niche market. By addressing the unique needs of Muslim consumers, companies can thrive in the halal food industry, offering a diverse range of halal-certified products across various sectors, including cosmetics, personal care, snacks, grocery, and meat. Urbanization, convenience, hygiene, and innovation are driving factors shaping the market. 

Major Market Trends 

The growth of the organized retail sector is the key factor driving the market. Hypermarkets and supermarkets are two of the major offline distribution channels for halal foods. Organized retailing is an integral part of these offline distribution channels, which facilitates the purchasing process for consumers and enables them to choose from a diverse range of halal food products. Tesco Plc (Tesco) and ALDI Inc. (ALDI) are some of the major hypermarkets and supermarkets that offer a plethora in Europe.

Further, a significant expansion in the number of retail stores offering such foods is driving the growth of the market in focus. For instance, in February 2021, Aldi, one of the leading supermarket chains in the European region, announced that it would open over 100 new stores and 500 curbside pickup sites in 2021. These retailers have a global presence, which helps them improve the visibility of such foods and increases the demand for such products. Thus, such factors are expected to drive the growth of the market during the forecast period.

Significant Market Challenge 

The increasing threat of fake products and food scams is a major challenge that affects the market. As the demand for Halal products grows, unscrupulous individuals and organizations attempt to take advantage of the halal food market in Europe by falsely claiming their products are certified when they are not. Food scams involving fake food create various issues for both consumers and legitimate food businesses. These scams undermine consumer confidence in the market and disrupt the integrity of the certification processes. 

Furthermore, food scams involving fake food not only negatively affect consumers but also impact the reputation of the entire industry. These fraudulent activities tarnish the image of food as a whole and cast doubts on the overall integrity of the market. The negative publicity associated with such scams can have far-reaching consequences, reducing the market potential and hindering the growth of the market during the forecast period.

Market Segmentation by Product 

The halal MPS segment in the market is experiencing notable expansion, primarily focusing on certified meat and poultry. Increasing demand stems from several factors: the rising Muslim population in Europe, heightened awareness and acceptance of practices among non-Muslims for perceived food safety and ethical sourcing. Countries like the UK and Germany have established regulations and certification procedures, ensuring compliance with such standards throughout the supply chain. Additionally, the segment offers diverse products like processed meats and convenience foods, catering to varied consumer preferences and driving market growth.

Market Segmentation by Distribution Channel

The market share by the offline segment will be significant during the forecast period. One of the key advantages of the offline segment is the ability for customers to physically examine and select their desired products. This provides a sense of trust and confidence in the authenticity and quality of the food they purchase. Additionally, physical stores often have knowledgeable staff who can assist customers with their queries and help them find specific products.

The offline segment was valued at USD 149.27 billion in 2018.

For a detailed summary of the market segments Request for Sample Report

Furthermore, to cater to the diverse consumer preferences and regional variations within Europe, the offline halal food market in Europe offers a wide selection of cuisine choices. However, the offline segment retains its significance, as physical stores continue to play a crucial role in providing a personalized and immersive shopping experience for consumers. Such factors are expected to drive the growth of the offline segment of the market during the forecast period.

Company Overview

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market forecasting growth and analysis.

  • Key Offering- AMALRIC SAS: The company offers products such as beef grill, sausage, and poultry.
  • Key Offering- Barry Callebaut AG: The company offers products foods such as Barry Callebaut shiny granella milk chocolate.

The  market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

Bilal Chicken Centre B.V., BRF SA, Cargill Inc., Carrefour SA, Ferrero International S.A., Flying Trade Group, KQF FOODS, Krispy Kreme Inc., Nestle SA, Raj Foods Ltd., Tahira Foods Ltd., Tariq Halal Meats, and Unilever PLC

The market analysis and report of qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market research and growth report forecasts market growth analysis by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Distribution Channel Outlook
    • Offline
    • Online
  • Product Outlook
    • Halal MPS
    • Halal BCC
    • Halal FVN
    • Halal beverages
    • Others

Market Analyst Overview:

The market is experiencing significant growth, driven by consumer decisions favoring practical halal items like frozen dinners and ready-to-eat snacks for on-the-go solutions amidst modern consumers' busy lifestyles. This expansion caters not only to urban dwellers but also to younger customers seeking convenience in their purchases. The cosmetics and personal care sector is also evolving, with halal-certified cosmetics, skincare items, and haircare products meeting halal regulations and accommodating moral and ethical beliefs. The halal beauty and personal care industry emphasizes diversification and continuous innovation to capture new markets. In the food segment, health-focused selections and exotic culinary creations are emerging, along with online grocery shopping and specialty halal grocery stores diversifying the retail landscape. E-commerce platforms and specialty kosher businesses are integral retail channels in this market expansion, reflecting the growing demand for halal-certified meat products and other halal cuisine options across regions like Europe and the United Kingdom.

Furthermore, the halal food business is evolving with a strong convenience element to cater to modern consumers' needs. While adhering to substances Islam prohibits, food producers are exploring new product categories and innovative halal products. From flavor profiles to packaging ideas, the focus is on offering unusual flavor combinations and appealing to diverse tastes. In this market is witnessing growth across the beverage market with attention to the value chain, raw materials, and product developments. Marketing strategies including social media advertisements and religious marks are utilized. Retail chains like Sainsbury's, Marks & Spencer, and Waitrose are diversifying their offerings, especially in the meat product segment including poultry market and expanding into bakery, confectionery, and cereals.

Industry  Scope

Report Coverage

Details

Page number

149

Base year

2022

Historic period

2017 - 2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.42%

Market growth 2023-2027

USD 48.1 billion

Market structure

USD Fragmented

YoY growth 2022-2023(%)

3.15

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

AMALRIC SAS, Barry Callebaut AG, Bilal Chicken Centre B.V., BRF SA, Cargill Inc., Carrefour SA, Ferrero International S.A., Flying Trade Group, KQF FOODS, Krispy Kreme Inc., Nestle SA, Raj Foods Ltd., Tahira Foods Ltd., Tariq Halal Meats, and Unilever PLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, Market growth and Forecasting, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

BUY NOW Full Report and Discover more

What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across Europe
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Country Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Regional - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Europe: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Regional - Market size and forecast 2022-2027 ($ billion)

    4 Historic Market Size

    • 4.1 Halal food market in Europe 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on halal food market in Europe 2017 - 2021 ($ billion)
    • 4.2 Distribution Channel Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ billion)
    • 4.3 Product Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 22: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 23: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 24: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 25: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 26: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 27: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 28: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Distribution Channel

    • 6.1 Market segments
      • Exhibit 29: Chart on Distribution Channel - Market share 2022-2027 (%)
      • Exhibit 30: Data Table on Distribution Channel - Market share 2022-2027 (%)
    • 6.2 Comparison by Distribution Channel
      • Exhibit 31: Chart on Comparison by Distribution Channel
      • Exhibit 32: Data Table on Comparison by Distribution Channel
    • 6.3 Offline - Market size and forecast 2022-2027
      • Exhibit 33: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 34: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Chart on Offline - Year-over-year growth 2022-2027 (%)
      • Exhibit 36: Data Table on Offline - Year-over-year growth 2022-2027 (%)
    • 6.4 Online - Market size and forecast 2022-2027
      • Exhibit 37: Chart on Online - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 38: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Chart on Online - Year-over-year growth 2022-2027 (%)
      • Exhibit 40: Data Table on Online - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Distribution Channel
      • Exhibit 41: Market opportunity by Distribution Channel ($ billion)
      • Exhibit 42: Data Table on Market opportunity by Distribution Channel ($ billion)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 43: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Product - Market share 2022-2027 (%)
    • 7.2 Comparison by Product
      • Exhibit 45: Chart on Comparison by Product
      • Exhibit 46: Data Table on Comparison by Product
    • 7.3 Halal MPS - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Halal MPS - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 48: Data Table on Halal MPS - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 49: Chart on Halal MPS - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Halal MPS - Year-over-year growth 2022-2027 (%)
    • 7.4 Halal BCC - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Halal BCC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 52: Data Table on Halal BCC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Chart on Halal BCC - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Halal BCC - Year-over-year growth 2022-2027 (%)
    • 7.5 Halal FVN - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Halal FVN - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 56: Data Table on Halal FVN - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Chart on Halal FVN - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Halal FVN - Year-over-year growth 2022-2027 (%)
    • 7.6 Halal beverages - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Halal beverages - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 60: Data Table on Halal beverages - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 61: Chart on Halal beverages - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Halal beverages - Year-over-year growth 2022-2027 (%)
    • 7.7 Others - Market size and forecast 2022-2027
      • Exhibit 63: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 64: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 65: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.8 Market opportunity by Product
      • Exhibit 67: Market opportunity by Product ($ billion)
      • Exhibit 68: Data Table on Market opportunity by Product ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 69: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 70: Chart on Market share by geography - 2022-2027 (%)
      • Exhibit 71: Data Table on Market share by geography - 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 72: Chart on Geographic comparison
      • Exhibit 73: Data Table on Geographic comparison
    • 9.3 UK - Market size and forecast 2022-2027
      • Exhibit 74: Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 75: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 76: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 77: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.4 France - Market size and forecast 2022-2027
      • Exhibit 78: Chart on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 79: Data Table on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 81: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.5 Germany - Market size and forecast 2022-2027
      • Exhibit 82: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 83: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 85: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.6 Russia - Market size and forecast 2022-2027
      • Exhibit 86: Chart on Russia - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 87: Data Table on Russia - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Chart on Russia - Year-over-year growth 2022-2027 (%)
      • Exhibit 89: Data Table on Russia - Year-over-year growth 2022-2027 (%)
    • 9.7 Rest of Europe - Market size and forecast 2022-2027
      • Exhibit 90: Chart on Rest of Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 91: Data Table on Rest of Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Chart on Rest of Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 93: Data Table on Rest of Europe - Year-over-year growth 2022-2027 (%)
    • 9.8 Market opportunity by geography
      • Exhibit 94: Market opportunity by geography ($ billion)
      • Exhibit 95: Data Table on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 96: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 97: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 98: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 99: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 100: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 101: Matrix on vendor position and classification
            • 12.3 AMALRIC SAS
              • Exhibit 102: AMALRIC SAS - Overview
              • Exhibit 103: AMALRIC SAS - Product / Service
              • Exhibit 104: AMALRIC SAS - Key offerings
            • 12.4 Barry Callebaut AG
              • Exhibit 105: Barry Callebaut AG - Overview
              • Exhibit 106: Barry Callebaut AG - Business segments
              • Exhibit 107: Barry Callebaut AG - Key news
              • Exhibit 108: Barry Callebaut AG - Key offerings
              • Exhibit 109: Barry Callebaut AG - Segment focus
            • 12.5 Bilal Chicken Centre B.V.
              • Exhibit 110: Bilal Chicken Centre B.V. - Overview
              • Exhibit 111: Bilal Chicken Centre B.V. - Product / Service
              • Exhibit 112: Bilal Chicken Centre B.V. - Key offerings
            • 12.6 BRF SA
              • Exhibit 113: BRF SA - Overview
              • Exhibit 114: BRF SA - Product / Service
              • Exhibit 115: BRF SA - Key offerings
            • 12.7 Cargill Inc.
              • Exhibit 116: Cargill Inc. - Overview
              • Exhibit 117: Cargill Inc. - Product / Service
              • Exhibit 118: Cargill Inc. - Key news
              • Exhibit 119: Cargill Inc. - Key offerings
            • 12.8 Carrefour SA
              • Exhibit 120: Carrefour SA - Overview
              • Exhibit 121: Carrefour SA - Business segments
              • Exhibit 122: Carrefour SA - Key offerings
              • Exhibit 123: Carrefour SA - Segment focus
            • 12.9 Ferrero International S.A.
              • Exhibit 124: Ferrero International S.A. - Overview
              • Exhibit 125: Ferrero International S.A. - Product / Service
              • Exhibit 126: Ferrero International S.A. - Key news
              • Exhibit 127: Ferrero International S.A. - Key offerings
            • 12.10 Flying Trade Group
              • Exhibit 128: Flying Trade Group - Overview
              • Exhibit 129: Flying Trade Group - Product / Service
              • Exhibit 130: Flying Trade Group - Key offerings
            • 12.11 KQF FOODS
              • Exhibit 131: KQF FOODS - Overview
              • Exhibit 132: KQF FOODS - Product / Service
              • Exhibit 133: KQF FOODS - Key offerings
            • 12.12 Krispy Kreme Inc.
              • Exhibit 134: Krispy Kreme Inc. - Overview
              • Exhibit 135: Krispy Kreme Inc. - Business segments
              • Exhibit 136: Krispy Kreme Inc. - Key offerings
              • Exhibit 137: Krispy Kreme Inc. - Segment focus
            • 12.13 Nestle SA
              • Exhibit 138: Nestle SA - Overview
              • Exhibit 139: Nestle SA - Business segments
              • Exhibit 140: Nestle SA - Key news
              • Exhibit 141: Nestle SA - Key offerings
              • Exhibit 142: Nestle SA - Segment focus
            • 12.14 Raj Foods Ltd.
              • Exhibit 143: Raj Foods Ltd. - Overview
              • Exhibit 144: Raj Foods Ltd. - Product / Service
              • Exhibit 145: Raj Foods Ltd. - Key offerings
            • 12.15 Tahira Foods Ltd.
              • Exhibit 146: Tahira Foods Ltd. - Overview
              • Exhibit 147: Tahira Foods Ltd. - Product / Service
              • Exhibit 148: Tahira Foods Ltd. - Key offerings
            • 12.16 Tariq Halal Meats
              • Exhibit 149: Tariq Halal Meats - Overview
              • Exhibit 150: Tariq Halal Meats - Product / Service
              • Exhibit 151: Tariq Halal Meats - Key offerings
            • 12.17 Unilever PLC
              • Exhibit 152: Unilever PLC - Overview
              • Exhibit 153: Unilever PLC - Business segments
              • Exhibit 154: Unilever PLC - Key news
              • Exhibit 155: Unilever PLC - Key offerings
              • Exhibit 156: Unilever PLC - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 157: Inclusions checklist
                • Exhibit 158: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 159: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 160: Research methodology
                • Exhibit 161: Validation techniques employed for market sizing
                • Exhibit 162: Information sources
              • 13.5 List of abbreviations
                • Exhibit 163: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              halal food market in europe market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis