Key Findings
The halal food and beverage market of North America is evaluated to register a CAGR of 4.27% during the projected period, 2020-2028. In the last few years, a number of initiatives have been undertaken by the government to promote halal foods and beverages, which are perceived to have nutritional value and health benefits, not only among the Muslims, but also among the general population. This is a significant factor in driving the market growth of the North American region.
Market Insights
In order to analyze the North American market for halal food and ingredients further, the region is segregated into the United States and Canada. The sales of halal products are booming due to the increasing Muslim population in the region. Canada also exports halal products to the Organization of Islamic Corporation (OIC) countries. The popular Halal Food Fest is organized in Toronto to bring prominent companies together and promote emerging international halal brands. The Great Toronto area is home to almost half of the Canadian Muslim population, the focal point of the halal market, and the headquarter of a number of domestic food brands serving halal products. The poultry and halal food producers are making huge investments to reach out to nation-wide consumers. These factors drive market growth in Canada. Moreover, the North American region has the presence of multinational manufacturers and several halal meat exporters of halal food & beverage products.
Competitive Insights
Cargill, Inc., Crescent Foods, Kawan Food Berhad, Nema Food Co., QL Foods Sdn. Bhd, etc., are some of the eminent companies in the market.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments