Asia Pacific Halal Food & Beverage Market Outlook, 2026
May 14, 2021
Bonafide Research
58
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Asia Pacific Halal Food & Beverage Market Outlook, 2026
Abstract The word “halal” means “permissible”. As per Islamic laws and traditions, halal food and beverages refer to only those edible items which are permissible to consume. The rules are however not only limited to what to eat but also enlists rules and regulations as to how the food has to be raised, slaughtered and processed. The Asia Pacific halal foods and beverages is the world’s largest halal foods and beverages and still has scope for significant development.
In the research report prepared by Bonafide Research titled- Asia Pacific Halal Food and Beverage Market Outlook 2026, a study has been presented discussing various intricacies of the halal food and beverages market backing with sufficient data points to support qualitative judgments. During the period of 2015 to 2020, halal foods and beverages market in Asia Pacific grew by USD 217.44 Billion. It has been further forecasted in the report that the regional markets will be growing at a CAGR of roughly 7% going into 2026. The research report present insights from different geographies namely- China, Pakistan, India, Indonesia, Bangladesh, and the Rest of Asia Pacific. The market has been segmented on the basis of product lines to give a deeper understanding. The product lines which formed the basis of the study was – halal meat, seafood and poultry market, halal milk and milk beverages products, halal fruits and vegetables, halal grain products market, halal beverages, and halal confectionery, bakery, and other products. The various sales and distribution channels identified for halal products are hypermarkets/supermarkets, traditional retail channels in form of convenience stores, online channels, and other sales channels such as speciality stores, exhibitions, etc.
Indonesia is home to world’s largest Muslim population and has the biggest chunk of market share in Asia Pacific’s halal foods and beverages market share. Due to similar favourable demography, Pakistan and Bangladesh are the major Asia halal markets. Indonesia, Pakistan and Bangladesh account to roughly 50% of the total market in the Asia Pacific region. However, it imperative to note that the rest of Asia Pacific region other than China, Pakistan, India, Indonesia, Bangladesh contribute to about 40% of the region’s halal market. In the region, the most consumed halal products are the halal meat, poultry and, seafood products. The bakery, confectionery and other related products combined have a market share of about 9% to 12% in the region’s halal market and has the highest growth rate of more than 8.5%. Almost 40% of these sales are accounted to retail channels which is the most dominant sales and distribution channel in the region for halal foods and beverages products. However as e-commerce is rapidly growing in the region, halal foods and beverage markets sales generated through online channels is showing strong growth of more than 8% CAGR.
CONSIDERED IN THE REPORT • Geography: Asia Pacific • Base Year: 2020 • Historical year: 2015 • Forecasted Year: 2026
COUNTRIES COVERED • China • Pakistan • India • Indonesia • Bangladesh • Rest of Asia
ASPECTS COVERED IN THE REPORT • Market Size by Value (2015-2026F) • Market Share by Product • Market Share by Sales Channel • Market Share by Country
THIS REPORT WOULD HELP YOU ANSWER THE FOLLOWING QUESTIONS: • What is the size of the Asia Pacific halal food and beverages market? • What is trend in product development in the halal food and beverages market? • What is the changing consumer behaviour with regards to halal food and beverages? • What is the position of different economies in the food and beverages landscape? • What are the drivers, development and key challenges in the halal food and beverages market?
Content Table of Content 1. Executive Summary 2. Report Methodology 3. Global Halal Food & Beverages Market Outlook 3.1. Market Size by Value 3.2. Market Share 3.2.1. By Product 3.2.2. By Sales Channel 3.2.3. By Region 3.2.4. By Country 4. Asia Pacific Halal Food & Beverages Market Outlook 4.1. Market Size by Value 4.2. Market Share 4.2.1. By Product 4.2.2. By Sales Channel 4.2.3. By Country 4.3. China Halal Food & Beverages Market Outlook 4.3.1. Market Size by Value 4.3.2. Market Share by Product 4.4. Pakistan Halal Food & Beverages Market Outlook 4.4.1. Market Size by Value 4.4.2. Market Share by Product 4.5. India Halal Food & Beverages Market Outlook 4.5.1. Market Size by Value 4.5.2. Market Share by Product 4.6. Indonesia Halal Food & Beverages Market Outlook 4.6.1. Market Size by Value 4.6.2. Market Share by Product 4.7. Bangladesh Halal Food & Beverages Market Outlook 4.7.1. Market Size by Value 4.7.2. Market Share by Product 5. Market Dynamics 5.1. Key Drivers 5.2. Key Challenges 6. Market Trends and Developments 6.1. Halal spreading out to new food categories 6.2. Increase in Halal Tourism 6.3. Adaption of halal food by Non-Muslims 6.4. Need for proper authentication and labelling of halal products 7. Company Profiles 7.1.1. Al Islami Foods Co. 7.1.2. American Foods Group 7.1.3. BRF S.A. 7.1.4. Cargill 7.1.5. Kawan Foods Berhad 7.1.6. Midamar Corporation 7.1.7. Nestle S.A. 7.1.8. QL Foods Sdn Bhd 7.1.9. Saffron Road 7.1.10. Tahira Foods Ltd. 7.1.11. Unilever 8. Strategic Recommendations 9. Disclaimer
LIST OF FIGURES Figure 1: Regional Overview of Global Halal Food & Beverage Market (2020) Figure 2: Global Halal Food & Beverage Market Size – By Value 2015 to 2026F (In USD Billion) Figure 3: Asia Pacific Halal Food & Beverage Market Size – By Value 2015 to 2026F (In USD Billion) Figure 4: China Halal Food & Beverage Market Size – By Value 2015 to 2026F (In USD Billion) Figure 5: Pakistan Halal Food & Beverage Market Size – By Value 2015 to 2026F (In USD Billion) Figure 6: India Halal Food & Beverage Market Size – By Value 2015 to 2026F (In USD Billion) Figure 7: Indonesia Halal Food & Beverage Market Size – By Value 2015 to 2026F (In USD Billion) Figure 8: Bangladesh Halal Food & Beverage Market Size – By Value 2015 to 2026F (In USD Billion)
LIST OF TABLE Table 1: Global Halal Food & Beverage Market Share (2015, 2020 & 2026F) Table 2: Global Halal Food & Beverage Market Share By Sales Channel (2015, 2020 & 2026F) Table 3: Global Halal Food & Beverage Market Share by Region (2015, 2020 & 2026F) Table 4: Global Halal Food & Beverage Market Share by Country (2015, 2020 & 2026F) Table 5: Asia Pacific Halal Food & Beverage Market Share (2015, 2020 & 2026F) Table 6: Asia Pacific Halal Food & Beverage Market Share By Sales Channel (2015, 2020 & 2026F) Table 7: Asia Pacific Halal Food & Beverage Market Share by Country (2015, 2020 & 2026F) Table 8: China Halal Food & Beverage Market Share (2015, 2020 & 2026F) Table 9: Pakistan Halal Food & Beverage Market Share (2015, 2020 & 2026F) Table 10: India Halal Food & Beverage Market Share (2015, 2020 & 2026F) Table 11: Indonesia Halal Food & Beverage Market Share (2015, 2020 & 2026F) Table 12: Bangladesh Halal Food & Beverage Market Share (2015, 2020 & 2026F) Table 13: Key Facts of Al Islami Foods Co Table 14: Key Facts of American Foods Group Table 15: Key Facts of BRF S.A. Table 16: Key Facts of Cargill Table 17: Key Facts of Kawan Foods Berhad Table 18: Key Facts of Midamar Group Table 19: Key Facts of Nestle S.A. Table 20: Key Facts of QL Foods Sdn Bhd Table 21: Key Facts of Saffron Road Table 22: Key Facts of Tahira Foods Ltd. Table 23: Key Facts of Unilever
The word “halal” means “permissible”. As per Islamic laws and traditions, halal food and beverages refer to only those edible items which are permissible to consume. The rules are however not only limited to what to eat but also enlists rules and regulations as to how the food has to be raised, slaughtered and processed. The Asia Pacific halal foods and beverages is the world’s largest halal foods and beverages and still has scope for significant development.
In the research report prepared by Bonafide Research titled- Asia Pacific Halal Food and Beverage Market Outlook 2026, a study has been presented discussing various intricacies of the halal food and beverages market backing with sufficient data points to support qualitative judgments. During the period of 2015 to 2020, halal foods and beverages market in Asia Pacific grew by USD 217.44 Billion. It has been further forecasted in the report that the regional markets will be growing at a CAGR of roughly 7% going into 2026. The research report present insights from different geographies namely- China, Pakistan, India, Indonesia, Bangladesh, and the Rest of Asia Pacific. The market has been segmented on the basis of product lines to give a deeper understanding. The product lines which formed the basis of the study was – halal meat, seafood and poultry market, halal milk and milk beverages products, halal fruits and vegetables, halal grain products market, halal beverages, and halal confectionery, bakery, and other products. The various sales and distribution channels identified for halal products are hypermarkets/supermarkets, traditional retail channels in form of convenience stores, online channels, and other sales channels such as speciality stores, exhibitions, etc.
Indonesia is home to world’s largest Muslim population and has the biggest chunk of market share in Asia Pacific’s halal foods and beverages market share. Due to similar favourable demography, Pakistan and Bangladesh are the major Asia halal markets. Indonesia, Pakistan and Bangladesh account to roughly 50% of the total market in the Asia Pacific region. However, it imperative to note that the rest of Asia Pacific region other than China, Pakistan, India, Indonesia, Bangladesh contribute to about 40% of the region’s halal market. In the region, the most consumed halal products are the halal meat, poultry and, seafood products. The bakery, confectionery and other related products combined have a market share of about 9% to 12% in the region’s halal market and has the highest growth rate of more than 8.5%. Almost 40% of these sales are accounted to retail channels which is the most dominant sales and distribution channel in the region for halal foods and beverages products. However as e-commerce is rapidly growing in the region, halal foods and beverage markets sales generated through online channels is showing strong growth of more than 8% CAGR.
CONSIDERED IN THE REPORT • Geography: Asia Pacific • Base Year: 2020 • Historical year: 2015 • Forecasted Year: 2026
COUNTRIES COVERED • China • Pakistan • India • Indonesia • Bangladesh • Rest of Asia
ASPECTS COVERED IN THE REPORT • Market Size by Value (2015-2026F) • Market Share by Product • Market Share by Sales Channel • Market Share by Country
THIS REPORT WOULD HELP YOU ANSWER THE FOLLOWING QUESTIONS: • What is the size of the Asia Pacific halal food and beverages market? • What is trend in product development in the halal food and beverages market? • What is the changing consumer behaviour with regards to halal food and beverages? • What is the position of different economies in the food and beverages landscape? • What are the drivers, development and key challenges in the halal food and beverages market?
Table of Content 1. Executive Summary 2. Report Methodology 3. Global Halal Food & Beverages Market Outlook 3.1. Market Size by Value 3.2. Market Share 3.2.1. By Product 3.2.2. By Sales Channel 3.2.3. By Region 3.2.4. By Country 4. Asia Pacific Halal Food & Beverages Market Outlook 4.1. Market Size by Value 4.2. Market Share 4.2.1. By Product 4.2.2. By Sales Channel 4.2.3. By Country 4.3. China Halal Food & Beverages Market Outlook 4.3.1. Market Size by Value 4.3.2. Market Share by Product 4.4. Pakistan Halal Food & Beverages Market Outlook 4.4.1. Market Size by Value 4.4.2. Market Share by Product 4.5. India Halal Food & Beverages Market Outlook 4.5.1. Market Size by Value 4.5.2. Market Share by Product 4.6. Indonesia Halal Food & Beverages Market Outlook 4.6.1. Market Size by Value 4.6.2. Market Share by Product 4.7. Bangladesh Halal Food & Beverages Market Outlook 4.7.1. Market Size by Value 4.7.2. Market Share by Product 5. Market Dynamics 5.1. Key Drivers 5.2. Key Challenges 6. Market Trends and Developments 6.1. Halal spreading out to new food categories 6.2. Increase in Halal Tourism 6.3. Adaption of halal food by Non-Muslims 6.4. Need for proper authentication and labelling of halal products 7. Company Profiles 7.1.1. Al Islami Foods Co. 7.1.2. American Foods Group 7.1.3. BRF S.A. 7.1.4. Cargill 7.1.5. Kawan Foods Berhad 7.1.6. Midamar Corporation 7.1.7. Nestle S.A. 7.1.8. QL Foods Sdn Bhd 7.1.9. Saffron Road 7.1.10. Tahira Foods Ltd. 7.1.11. Unilever 8. Strategic Recommendations 9. Disclaimer
LIST OF FIGURES Figure 1: Regional Overview of Global Halal Food & Beverage Market (2020) Figure 2: Global Halal Food & Beverage Market Size – By Value 2015 to 2026F (In USD Billion) Figure 3: Asia Pacific Halal Food & Beverage Market Size – By Value 2015 to 2026F (In USD Billion) Figure 4: China Halal Food & Beverage Market Size – By Value 2015 to 2026F (In USD Billion) Figure 5: Pakistan Halal Food & Beverage Market Size – By Value 2015 to 2026F (In USD Billion) Figure 6: India Halal Food & Beverage Market Size – By Value 2015 to 2026F (In USD Billion) Figure 7: Indonesia Halal Food & Beverage Market Size – By Value 2015 to 2026F (In USD Billion) Figure 8: Bangladesh Halal Food & Beverage Market Size – By Value 2015 to 2026F (In USD Billion)
LIST OF TABLE Table 1: Global Halal Food & Beverage Market Share (2015, 2020 & 2026F) Table 2: Global Halal Food & Beverage Market Share By Sales Channel (2015, 2020 & 2026F) Table 3: Global Halal Food & Beverage Market Share by Region (2015, 2020 & 2026F) Table 4: Global Halal Food & Beverage Market Share by Country (2015, 2020 & 2026F) Table 5: Asia Pacific Halal Food & Beverage Market Share (2015, 2020 & 2026F) Table 6: Asia Pacific Halal Food & Beverage Market Share By Sales Channel (2015, 2020 & 2026F) Table 7: Asia Pacific Halal Food & Beverage Market Share by Country (2015, 2020 & 2026F) Table 8: China Halal Food & Beverage Market Share (2015, 2020 & 2026F) Table 9: Pakistan Halal Food & Beverage Market Share (2015, 2020 & 2026F) Table 10: India Halal Food & Beverage Market Share (2015, 2020 & 2026F) Table 11: Indonesia Halal Food & Beverage Market Share (2015, 2020 & 2026F) Table 12: Bangladesh Halal Food & Beverage Market Share (2015, 2020 & 2026F) Table 13: Key Facts of Al Islami Foods Co Table 14: Key Facts of American Foods Group Table 15: Key Facts of BRF S.A. Table 16: Key Facts of Cargill Table 17: Key Facts of Kawan Foods Berhad Table 18: Key Facts of Midamar Group Table 19: Key Facts of Nestle S.A. Table 20: Key Facts of QL Foods Sdn Bhd Table 21: Key Facts of Saffron Road Table 22: Key Facts of Tahira Foods Ltd. Table 23: Key Facts of Unilever