Halal Ingredients Market 2020 – Global Industry Size, Share, Analysis, Trends & Future Strategic Planning 2026

1. Halal Ingredients Market To Reach USD 66.9 Billion By 2026 www.reportsanddata.com sales@reportsanddata.com

2. Market Summary Rise in population of Muslims, gaining traction in healthcare and pharmaceutical sectors due to rising demand for dietary supplements are key factors contributing to the growth of Halal Ingredients during the forecast period. Halal Ingredients Market Size – USD 46.8 Billion in 2019, Market Growth - CAGR of 6.2%, Market Trends – Growing trends of healthy snacking and increasing awareness about functional food & beverage products, focus of food companies on product innovation to cater the need of the population drive the industry

3. Our Approach Market Summary According to the current analysis of Reports and Data, the global Halal Ingredients market was valued at USD 46.8 Billion in 2019 and expected to reach USD 66.9 Billion by the year 2026, at a CAGR of 6.2%. Halal food refers to the food products that are prepared by following Islamic dietary laws & regulations, which defines foods that are lawful or permissible and clean. Muslims community consumers avoid food & beverages that are Haram, meaning forbidden or unlawful by their Islamic faith. The Intake of food items is also rising due to the surge in the Muslim population worldwide, which expected to drive the growth of the market. This ingredient are also getting traction in the healthcare and pharmaceutical industries due to the escalating demand for dietary supplements and their health gains. Customers are witnessing a growing demand for on-the-go, convenient, nutritionally enriched, and functional food & beverage products due to their busy lifestyles. The soaring trends of healthy snacking and increasing consciousness about functional food & beverage products expected to plunge the industry during the expected period. Get a Sample Copy of this Report before you purchase free of cost! @: https://www.reportsanddata.com/sample-enquiry-form/2414

4. Our Approach Market Summary Key players in the market include Koninklijke DSM N.V. (Netherlands), Cargill (US), Barentz B.V. (Netherlands), ADM (US), Kerry (Ireland), DowDupont (US), Solvay S.A. (Belgium), BASF (Germany), Symrise (Germany), Ashland (US), Purecircle Limited (Malaysia), and Halagel (Malaysia). Further key findings from the report suggest The Halal Ingredients market is growing at a CAGR of 3 % in the Middle Eastern Region due to more influx of migrants and increasing regulations for strict usage of halal food. The region also witnessed more product innovation and funding for the promotion of these foods. The Flavors segment dominated the ingredients in the F & B industry due to the increase in certification agencies. Thus food products certified as halal or kosher should have their constituent raw materials, processing aid ingredients, processing and sanitation chemicals, packaging material, etc. meet the religious dietary requirements Countries like Australia are also playing a significant role in the food market. Australia, with a local Muslim populace of about half a million, has come to be a world leader in the processing and manufacturer of halal meat and meat products…Continued

5. Our Approach Market Summary Ingredient Type (Revenue, USD Million; 2016–2026) Ingredient for F & B Industry Flavors Hydrocolloids  Starches Sweeteners Acidulants Emulsifiers Ingredient for Pharmaceutical Industry Active Pharma Ingredients Excipients Ingredient for Cosmetic Industry Specialty Additives Active Ingredients Others

6. Our Approach Market Summary Application (Revenue, USD Million; 2016–2026) Food &Beverage Convenience Food Products Bakery Products Beverage Products Meat & Poultry Products Confectionary Products Others Cosmetics Skin Care Hair Care Make-Up Fragrance Others Pharmaceuticals

7. Our Approach Market Summary Regional Outlook (Revenue in USD Million; 2016–2026) North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Colombia) The need for halal cosmetic products among the 2.4 billion Muslim customers globally is increasing. However, the demand in cosmetics stays unmet because cosmetics production is controlled by non-halal cosmetic manufacturers, whose manufacture methods may not fit in with the requirements of its science. The development of these cosmetics and the assessment of their product performance is still in its early stages. The incorporation of its science in the manufacture of most cosmetic products remains insufficient. Do you have questions about the Report or want to inquire about a Discount? Ask our Expert @ https://www.reportsanddata.com/discount-enquiry-form/2414

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