
Halal Ingredients Market By Ingredient Type (Ingredients for the Food & Beverage Industry, Ingredients for the Pharmaceutical Industry and Ingredients for the Cosmetic Industry), By Application (Food & Beverage, Cosmetics and Pharmaceuticals) and By Region – Market Opportunities & Forecast, (2020–2027)
Published Date: June-2020 | Report Format: Excel/PPT | Report Code: UR052-20-0415
Halal ingredients refers to the ingredients which do not contain any pork, alcohol, blood, or any other animal related ingredient in it. All the halal ingredients should act in accordance with the religious rites and should sharia law.
The major factors fuelling the growth of the global halal ingredients market include the growing demand for halal food & ingredients due to rising Muslim population, increasing dependencies on halal food industry by non-organisation of Islamic cooperation countries and growing adoption of halal ingredients in healthcare & pharmaceutical industries owing to its benefits on health. In addition to this, the rising consumer awareness about functional food & beverage products and increasing focus on healthy snacking, nutritionally enriched, convenient, and on-the-go products, due the hectic lifestyle of consumers, are some other factors that are expected to drive the growth of global halal ingredients market during the forecast period. The increasing focus on gaining consumer trust by various marketing campaigns, launching wide range of halal food products by companies along with growing consumer awareness about the health benefits and cleanliness coupled with halal-certified food, will create new opportunities for the growth of the market in the coming years. However, the lack of consistency for halal standards around the world is hampering the growth of global halal ingredients market.
Based on the region, the Middle East region is expected to grow at a higher CAGR during forecast period due to the favourable government regulations for halal food in Gulf countries. Moreover, the high economic growth in food & beverage industries in various emerging countries such as UAE, Saudi Arabia and Iran will further accelerating the grow for halal ingredients in this region.
The global halal ingredients market has been segmented on the basis of ingredient type and application. Based on ingredient type, the market is segmented into ingredients for the food & beverage industry, ingredients for the pharmaceutical industry and ingredients for the cosmetic industry. On the basis of ingredients for the food & beverage industry, the market is further segmented into flavors, hydrocolloids (thickeners, binders, stabilizers), starches, sweeteners, acidulants, emulsifiers, enzymes, colors, protein (concentrates + isolates), antioxidants, preservatives and others. On the basis of ingredients for the pharmaceutical industry, the market is further segmented into active pharma ingredients and excipients. On the basis of ingredients for the cosmetic industry, the market is further segmented into specialty additives, active ingredients and others. Based on application, the market is segmented into food & beverage, cosmetics and pharmaceuticals. On the basis of food & beverage, the market is further segmented into convenience food products, bakery products, beverage products, meat & poultry products, confectionary products and others. On the basis of cosmetics, the market is further segmented into skin care, hair care, make-up, fragrance and others.
Some of the major players of global halal ingredients market are Dowdupont, Koninklijke DSM N.V., BASF SE, Archer Daniels Midland, Solvay, Barentz International B.V., Cargill, Incorporated, Ashland, Symrise and Purecircle among others.
Market Segmentation:
Global Halal Ingredients Market by Ingredient Type
-
- Ingredients for the Food & Beverage Industry
- Flavors
- Hydrocolloids (Thickeners, Binders, Stabilizers)
- Starches
- Sweeteners
- Acidulants
- Emulsifiers
- Enzymes
- Colors
- Protein (Concentrates + Isolates)
- Antioxidants
- Preservatives
- Others
- Ingredients for the Pharmaceutical Industry
- Active Pharma Ingredients
- Excipients
- Ingredients for the Cosmetic Industry
- Specialty Additives
- Active Ingredients
- Others
- Ingredients for the Food & Beverage Industry
Global Halal Ingredients Market by Application
-
- 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
- Food & Beverage
Global Halal Ingredients Market by Region
-
- North America Halal Ingredients Market
- Europe Halal Ingredients Market
- Asia-Pacific Halal Ingredients Market
- ROW Halal Ingredients Market
Leading Market Players
-
- Dowdupont
- Koninklijke DSM N.V.
- BASF SE
- Archer Daniels Midland
- Solvay
- Barentz International B.V.
- Cargill, Incorporated
- Ashland
- Symrise
- Purecircle
Licensing Options
Single-User License:
The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
Corporate License:
Report is shared with unlimited user (employees) of the purchasing corporation only
The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
Corporate License:
Report is shared with unlimited user (employees) of the purchasing corporation only
Halal Ingredients Market By Ingredient Type (Ingredients for the Food & Beverage Industry, Ingredients for the Pharmaceutical Industry and Ingredients for the Cosmetic Industry), By Application (Food & Beverage, Cosmetics and Pharmaceuticals) and By Region – Market Opportunities & Forecast, (2020–2027)
$ 2,750.00 – $ 5,649.00