Europe Halal Foods and Beverages Market Growth, Size, Trends, Share, Revenue and Future Outlook
Europe Halal Foods and Beverages Market Size– By Product Type, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Feb-2024 | Report ID: FOOD2433 | Pages: 1 - 157 | Formats*: |
| Category : Food & Beverages | |||
Europe Halal Foods and Beverages Market Introduction and Overview
According to SPER Market Research, the Europe Halal Foods and Beverages Market is estimated to reach USD 25.57 billion by 2033 with CAGR of 5.89%.
The report includes an in-depth analysis of the Europe Halal Foods and Beverages Market, including market size and trends, product mix, Types, and supplier analysis. "Permissible" in English is the translation of the Arabic word "halal." The words haram (meaning "forbidden") and halal are used interchangeably throughout the Quran. Although halal encompasses much more than only Islamic eating habits, it is most commonly associated with food, beverages, and other goods. Muslims in the community are significantly impacted by the preparation and eating of halal cuisine. As halal food has evolved from a religious designation to ensure the safety and hygienic standards of food and beverage items, it is becoming more and more well-liked among consumers, both Muslim and non-Muslim.
- February 2022: The nation's first halal food delivery service was introduced by Berlin-based startup Gethalal Group. The company's goal is to expand its customer base and satisfy the grocery demands of Muslim families.
- June 2022: The Halal Food Company introduced five new ready-to-eat meals in Sainbury's, UK. The restaurant serves shepherd's pie, macaroni pasta with slow-cooked meatballs, peri-peri stir-fry with grilled chicken, beef lasagna, and snack pots of chicken curry and basmati rice.
Market Opportunities and Challenges
Food that is halal is becoming more and more common in UK restaurants and grocery stores. The growing number of Muslims in the nation and the growing interest from non-Muslim customers are the reasons behind this development. Comprehensive evaluations predict that in response to this growing demand, there will be a notable uptick in halal goods sales. In addition, there has been a notable increase in the country's knowledge of halal certification, which is contributing significantly to the market's growth. From product development and raw materials to final product packaging, marketing, and social media commercials promoting the advantages of ingesting these products, the producers have been attempting to alter the entire value chain.
Like any other sector, the European halal foods and beverages business has a number of obstacles that could hinder its expansion. These difficulties are caused by things like economic situations, customer preferences, regulatory frameworks, and variety of culture. The halal market in Europe is heterogeneous, reflecting regional variations in consumer preferences among Muslim groups. One of the biggest challenges is the lack of knowledge and comprehension of halal standards among non-Muslim consumers. It might be difficult to become certified as halal and to keep your certification current. It can be difficult to modify goods to satisfy the varied cultural tastes of the European Muslim community. It is difficult to incorporate halal products into conventional retail shops and distribution systems.
Market Competitive Landscape
The European halal food and beverage business is characterized by intense competition, with multiple players vying for a substantial portion of the market. The market's leading producers are concentrating on building their brand awareness and creating diverse tastes across a range of product categories. They are also participating in alliances, mergers, and acquisitions to meet the ever-increasing demands of customers. Some of major players are Ferrero International SA, JAB Holding Company, KQF Foods, Nestle SA, Al Islami Foods, Tahira Foods Limited, Tariq Halal Meats and various others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product Type, By Distribution Channel |
| Regions covered | France, Germany, Italy, Russia, Spain, United Kingdom, Rest of Europe |
| Companies Covered | Ferrero International SA, JAB Holding Company, KQF Foods, Nestle SA, Al Islami Foods, Tahira Foods Limited, Tariq Halal Meats and various others. |
COVID-19 Impact on Europe Halal Foods and Beverages Market
A minor downturn in the global halal food and beverage business occurred during the COVID-19 epidemic. Global supply chains were disrupted by the epidemic, which had an impact on where food was sourced from and how it was distributed, including Halal goods. Transportation difficulties, limitations, and lockdowns all played a part in these disruptions. There was a significant decrease in the consumption of red meat, which also affected halal meat. To get back customers' interest in the market, however, the corporations concentrated on developing new items. The pandemic spurred the expansion of online marketplaces for Halal goods and beverages as well as e-commerce in general. There was a greater focus on trust and transparency; for example, consumers looking for reassurance regarding the authenticity of Halal items found that clear labelling and halal certification were crucial.
Key Target Audience:
- Muslim Consumers
- Halal Certification Bodies
- Retailers and Grocery Stores
- Foodservice and Hospitality Industry
- Food Manufacturers and Processors
- Importers and Distributors
- Health-Conscious Consumers
- Tourism and Hospitality
- Educational and Institutional Facilities
Our in-depth analysis of the Europe Halal Foods and Beverages Market includes the following segments:
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| By Distribution Channel: |
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| By Region: |
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Key Topics Covered in the Report:
- Europe Halal Foods and Beverages Market Size (FY’2023-FY’2033)
- Overview of Europe Halal Foods and Beverages Market
- Segmentation of Europe Halal Foods and Beverages Market By Product Type (Halal Food, Halal Beverages, and Halal Supplements)
- Segmentation of Europe Halal Foods and Beverages Market By Distribution Channel (Hypermarkets/Supermarkets, Specialty Stores, Convenience Stores, and Other Distribution Channels)
- Statistical Snap of Europe Halal Foods and Beverages Market
- Expansion Analysis of Europe Halal Foods and Beverages Market
- Problems and Obstacles in Europe Halal Foods and Beverages Market
- Competitive Landscape in the Europe Halal Foods and Beverages Market
- Impact of COVID-19 and Demonetization on Europe Halal Foods and Beverages Market
- Details on Current Investment in Europe Halal Foods and Beverages Market
- Competitive Analysis of Europe Halal Foods and Beverages Market
- Prominent Players in the Europe Halal Foods and Beverages Market
- SWOT Analysis of Europe Halal Foods and Beverages Market
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impact of the Europe Halal Foods and Beverages Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Halal Foods and Beverages Market Manufacturing Base Distribution, Sales Area, Type, Chassis Type6.2. Mergers & Acquisitions, Partnerships, Type Launch, and Collaboration in Europe Halal Foods and Beverages Market
7. Europe Halal Foods and Beverages Market, By Product Type, 2020-2033 (USD Million)
7.1. Europe Halal Foods and Beverages Market Value Share and Forecast, By Product Type, 2024-20337.2. Halal Beverages7.3. Halal Food7.4. Halal Supplement
8. Europe Halal Foods and Beverages Market, By Distribution Channel, 2020-2033 (USD Million)
8.1. Europe Halal Foods and Beverages Market Value Share and Forecast, By Distribution Channel, 2024-20338.2. Convenience Stores8.3. Hypermarkets/Supermarkets8.4. Specialty Stores8.5. Other Distribution Channels
9. Europe Halal Foods and Beverages Market Forecast, 2020-2033 (USD Million)
9.1. Europe Halal Foods and Beverages Market Size and Market Share
10. Europe Halal Foods and Beverages Market, By Product Type, 2020-2033 (USD Million)
10.1. Europe Halal Foods and Beverages Market Size and Market Share By Product Type (2020-2026)10.2. Europe Halal Foods and Beverages Market Size and Market Share By Product Type (2027-2033)
11. Europe Halal Foods and Beverages Market, By Distribution Channel, 2020-2033 (USD Million)
11.1. Europe Halal Foods and Beverages Market Size and Market Share By Distribution Channel (2020-2026)11.2. Europe Halal Foods and Beverages Market Size and Market Share By Distribution Channel (2027-2033)
12. Europe Halal Foods and Beverages Market, By Region, 2020-2033 (USD Million)
12.1. Europe Halal Foods and Beverages Market Size and Market Share By Region (2020-2026)12.2. Europe Halal Foods and Beverages Market Size and Market Share By Region (2027-2033)12.2.1. France12.2.2. Germany12.2.3. Italy12.2.4. Russia12.2.5. Spain12.2.6. United Kingdom12.2.7. Rest of Europe
13. Company Profile
13.1. Al Islami Foods13.1.1. Company details13.1.2. Financial outlook13.1.3. Type summary13.1.4. Recent developments13.2. Ferrero International SA13.2.1. Company details13.2.2. Financial outlook13.2.3. Type summary13.2.4. Recent developments13.3. JAB Holding Company13.3.1. Company details13.3.2. Financial outlook13.3.3. Type summary13.3.4. Recent developments13.4. KQF Foods13.4.1. Company details13.4.2. Financial outlook13.4.3. Type summary13.4.4. Recent developments13.5. Nestle SA13.5.1. Company details13.5.2. Financial outlook13.5.3. Type summary13.5.4. Recent developments13.6. Tahira Foods Limited13.6.1. Company details13.6.2. Financial outlook13.6.3. Type summary13.6.4. Recent developments13.7. Tariq Halal Meats13.7.1. Company details13.7.2. Financial outlook13.7.3. Type summary13.7.4. Recent developments13.8. Others
15 List of Abbreviations
16 Reference Links
17 Conclusion
18 Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Europe Halal Foods and Beverages Market is projected to reach USD 25.57 billion by 2033, growing at a CAGR of 5.89% during the forecast period.
Europe Halal Foods and Beverages Market size from 2022. The Market is expected to reach USD 25.57 billion by 2033, at a CAGR of 5.89% during the forecast period.
Europe Halal Foods and Beverages Market CAGR of 5.89% during the forecast period.
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Europe Halal Foods and Beverages Market size is 25.57 billion from 2024 to 2033.
Europe Halal Foods and Beverages Market Segment is covered By Product Type, By Distribution Channel.
The Europe is anticipated to have the highest market share in the Europe Halal Foods and Beverages Market.
The key players in the market include Companies Covered Ferrero International SA, JAB Holding Company, KQF Foods, Nestle SA, Al Islami Foods, Tahira Foods Limited, Tariq Halal Meats and various others.
As halal food has evolved from a religious designation to ensure the safety and hygienic standards of food and beverage items, it is becoming more and more well-liked among consumers, both Muslim and non-Muslim.
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