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Europe Halal Foods And Beverages Market

Europe Halal Foods And Beverages Market

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Europe Halal Foods and Beverages Market, By Product Type (Halal Food, Halal Beverages, Halal Supplements); By Distribution Channel (Hypermarkets & Supermarkets, Specialty Stores, Convenience Stores, Online); By User Demographic (Muslim, Non-Muslim); By Country (Germany, United Kingdom, Italy, France, Spain, Belgium, Russia, The Netherlands, Rest of Europe), Trend Analysis, Competitive Landscape & Forecast, 2019–2030

  • Published Date: April 2024
  • Report ID: BWC24256
  • Available Format: PDF
  • Page: 328

Report Overview

Growing awareness about halal practices in the region, the rising popularity of halal products among non-Muslim individuals, and growing Muslim population are expected to drive the Europe Halal Foods and Beverages Market during the forecast period between 2024 and 2030.

Europe Halal Foods and Beverages Market – Industry Trends & Forecast Report, 2030

Europe Halal Foods and Beverages Market size was estimated at USD 41.31 billion in 2023. During the forecast period between 2024 and 2030, the Europe Halal Foods and Beverages Market size is projected to grow at a CAGR of 8.14% reaching a value of USD 62.1 billion by 2030. A prominent driver of the market is the increasing popularity of halal cuisine among both Muslim and non-Muslim consumers. Initially regarded primarily as a religious symbol ensuring food safety and hygiene, halal food has now evolved into a mainstream choice. According to data from the Office for National Statistics (ONS), the Muslim population in the United Kingdom reached 3.9 million in 2021, indicating a substantial market for halal products. The meat segment, in particular, is expected to witness significant growth, driven by increasing consumer preference for halal-certified meat items. Also, statistics from the Halal Monitoring Committee in the UK revealed that as of March 2020, approximately 104 million chickens were slaughtered monthly, with 20% (8 million) of them being Halal to meet the rising demand. Responding to this trend, various retailers are strategically marketing halal food and meat products. Major retail chains like Tesco, Sainsbury's, Marks & Spencer, and Waitrose have incorporated halal options across diverse categories such as meat, bakery, confectionery, cereals, and snacks. This trend underscores the mainstream acceptance and commercial viability of halal cuisine in the European market.

Europe Halal Foods and Beverages Market

Halal Foods and Beverages – Overview

Halal foods and beverages refer to products that are permissible for consumption according to Islamic dietary laws. These laws dictate what is allowed (halal) and what is prohibited (haram) for Muslims to eat and drink. In general, halal foods are those that are prepared, processed, and handled in accordance with Islamic principles, which include specific guidelines regarding the sourcing of ingredients, methods of slaughter for meat, and avoidance of certain substances such as alcohol and pork derivatives. Halal certification ensures that products meet these criteria, providing assurance to consumers, particularly those of the Muslim faith, about the suitability and adherence to religious dietary laws.

Europe Halal Foods and Beverages Market

Growth Drivers

Growing Muslim Population in Europe

The Europe Halal Food and Beverages Market is experiencing rapid growth due to the growing Muslim population across the region. The United Kingdom is expected to have 6.30% Muslim population. This demographic shift has led to a surge in demand for halal products across Europe. Additionally, Muslim tourism in the region has further bolstered this demand. To meet this growing market, manufacturers and retailers are either locally producing halal items or importing them. Major supermarket chains like Tesco and Carrefour have responded by introducing halal meat sections. With the Muslim population on the rise, the European halal market is set for continuous expansion.

Challenges

Higher Cost of Halal Products than Alternative Products

The higher cost of halal products compared to alternative options acts as a significant constraint on the growth of the Europe Halal Foods and Beverages Market. While there is a growing demand for halal products driven by the increasing Muslim population and Muslim tourism, the premium pricing of these products limits their accessibility to a broader consumer base. This price disparity poses a challenge for manufacturers and retailers in attracting non-Muslim consumers and expanding market penetration. Consequently, the market's growth potential is hindered by the affordability gap between halal and non-halal products in Europe.

Impact of Escalating Geopolitical Tensions on Europe Halal Foods and Beverages Market

Escalating geopolitical tensions in Europe can disrupt the growth of Halal Food and Beverages Market in several ways. Increased uncertainty may lead to supply chain disruptions, affecting the availability of Halal products. Trade barriers or sanctions could restrict imports and exports, impacting the diversity and affordability of Halal options. Furthermore, consumer confidence may wane amidst geopolitical instability, leading to fluctuations in demand. Regulatory changes or heightened scrutiny could also affect Halal certification processes, complicating market dynamics. Overall, escalating tensions pose significant challenges to the stability and growth of the Europe Halal Food and Beverages Market, potentially altering consumption patterns and industry operations.

Europe Halal Foods and Beverages Market

Segmental Coverage

Europe Halal Foods and Beverages Market – By Product Type

By product type, the Europe Halal Foods and Beverages Market is divided into Halal Food, Halal Beverages, and Halal Supplements segments. The halal foods segment holds the highest share in the Europe Halal Foods and Beverages Market by product type. The halal foods is further sub-divided into meat products, bakery products, dairy products, confectionery, and other halal foods. The growing Muslim population in Europe drives demand for halal food products, while growing awareness and preference among non-Muslim consumers also contribute to its dominance. Additionally, the availability of halal options in supermarkets and restaurants further solidifies the segment's leading position in the region.

Europe Halal Foods and Beverages Market Size

Europe Halal Foods and Beverages Market – By Distribution Channel

Based on distribution channel, the Europe Halal Foods and Beverages Market is divided into Hypermarkets & Supermarkets, Specialty Stores, Convenience Stores, and Online segments. The hypermarkets & supermarkets segment holds the highest share in the Europe Halal Foods and Beverages Market by distribution channel. It is primarily due to the extensive reach and convenience offered by these retail outlets, making them preferred destinations for consumers seeking halal products across a wide range of categories. Meanwhile, the online segment is expected to witness the fastest growth rate during the forecast period. The swift digital evolution driven by both Muslim and non-Muslim consumers seeking nutritious, tasty, and convenient meal options delivered to their homes is expected to propel segment growth significantly.

Europe Halal Foods and Beverages Market Share

Europe Halal Foods and Beverages Market – By User Demographic

On the basis of user demographic, the Europe Halal Foods and Beverages Market is bifurcated into Muslim and Non-Muslim segments. The Muslim segment holds a higher share in the Europe Halal Foods and Beverages Market by user demographic. Its dominance is attributed to the cultural and religious dietary preferences of Muslims, who prioritize consuming halal-certified products adhering to Islamic dietary laws. As a result, the demand for halal food and beverages among Muslim consumers surpasses that of other demographic groups in the region, solidifying their significant influence on market dynamics.

Europe Halal Foods and Beverages Market Growth

Europe Halal Foods and Beverages Market – By Country

The in-depth research report on the Europe Halal Foods and Beverages Market covers the market in the region’s major regions: Germany, United Kingdom, Italy, France, Spain, Belgium, Russia, The Netherlands, and Rest of Europe. France holds the highest share in the Europe Halal Foods and Beverages Market and is expected to maintain its dominance during the forecast period. The availability of halal products has expanded beyond traditional outlets, such as local butchers adhering to Islamic slaughtering practices, to encompass a notable presence in French food industries, supermarkets, and restaurants. For instance, a study conducted by the French Public Institute (IFOP) in 2020 revealed that 59% of Muslims consume halal-certified meat regularly, with 20% opting for halal meat whenever possible. Supermarkets have responded to this growing demand by enhancing their offerings and dedicating more shelf space to halal products. Casino France, for example, is a major supermarket chain that provides halal product lines under the brand name Wassila. Moreover, several local halal brands like Isla Delice, Oriental Viandes, Reghalal, Isla Mondial, Medina, and Saada have established themselves in the market. In France, governmental involvement in halal certification is limited, with only three prominent mosques authorized to distribute permits for halal slaughter.

Competitive Landscape

Major players operating in Europe Halal Foods and Beverages Market include Nestle SA, Ferrero International SA, KQF Foods, Tahira Foods, Bilal Group, The Coca Cola Company, The Bitlong Factory, and VAN HEES GmbH. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

  • In May 2023 - Bosnia aims to boost exports of halal-certified foods to expanding European markets, leveraging its strategic location. With half its population Muslim, Bosnia has emerged as a regional halal hub since establishing a certification agency in 2006. The industry sees annual growth of 15%–20%, with 110 local companies certified.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2030

Base Year – 2023

Estimated Year – 2024

Forecast Period – 2024–2030

Facts Covered

USD Billion 

Market Coverage

Europe

Product/ Service Segmentation

Product Type, Distribution Channel, User Demographic, Region

Key Players

Nestle SA, Ferrero International SA, KQF Foods, Tahira Foods, Bilal Group, The Coca Cola Company, The Bitlong Factory, VAN HEES GmbH

 

By Product Type

  • Halal Food  

  • Halal Beverages

  • Halal Supplements

By Distribution Channel

  • Hypermarkets & Supermarkets

  • Specialty Stores

  • Convenience Stores

  • Online

By User Demographic

  • Muslim

  • Non-Muslim

By Country

  • Germany

  • United Kingdom

  • Italy

  • France

  • Spain

  • Belgium

  • Russia

  • The Netherlands

  • Rest of Europe

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. Europe Halal Foods and Beverages Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Rising popularity of halal products among non-Muslim individuals
        2. increasing Muslim population
        3. Rising Disposable Incomes
        4. Growing awareness of halal practices
      2. Restraints
        1. Lack of standardization
        2. Higher cost of halal products than alternative products
        3. Limited availability especially in smaller towns and rural areas
      3. Opportunities
        1. Growing demand for innovative and convenient Halal food options
        2. Rising online grocery shopping
        3. Increasing investments in logistics and supply chain infrastructure
      4. Challenges
        1. Building trust among consumers
        2. Consumer awareness and knowledge
    3. Technological Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Europe Halal Foods and Beverages Market, Pricing Analysis
  5. Europe Halal Foods and Beverages Market: Marketing Strategies
  6. Europe Halal Foods and Beverages Market Overview
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product Type
        1. Halal Food            
          1. Meat Products
          2. Bakery Products
          3. Dairy Products
          4. Confectionery
          5. Other Halal Foods
        2. Halal Beverages
        3. Halal Supplements
      2. By Distribution Channel
        1. Hypermarkets & Supermarkets
        2. Specialty Stores
        3. Convenience Stores
        4. Online
        5. Others
      3. By User Demographic
        1. Muslim
        2. Non-Muslim
      4. By Country
        1. Germany
        2. United Kingdom
        3. Italy
        4. France
        5. Spain
        6. Belgium
        7. Russia
        8. The Netherlands
        9. Rest of Europe
  7. Germany Halal Foods and Beverages Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product Type
      2. By Distribution Channel
      3. By User Demographic
  8. United Kingdom Halal Foods and Beverages Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product Type
      2. By Distribution Channel
      3. By User Demographic
  9. Italy Halal Foods and Beverages Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product Type
      2. By Distribution Channel
      3. By User Demographic
  10. France Halal Foods and Beverages Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product Type
      2. By Distribution Channel
      3. By User Demographic
  11. Spain Halal Foods and Beverages Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product Type
      2. By Distribution Channel
      3. By User Demographic
  12. Belgium Halal Foods and Beverages Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product Type
      2. By Distribution Channel
      3. By User Demographic
  13. Russia Halal Foods and Beverages Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product Type
      2. By Distribution Channel
      3. By User Demographic
  14. The Netherlands Halal Foods and Beverages Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product Type
      2. By Distribution Channel
      3. By User Demographic
  15. Rest of Europe Halal Foods and Beverages Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product Type
      2. By Distribution Channel
      3. By User Demographic
  16. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Europe Halal Foods and Beverages Company Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  17. Europe Halal Foods and Beverages Market: Import & Export
  18. Europe Halal Foods and Beverages Market: Consumer Behaviour Analysis
  19. Impact of Escalating Geopolitical Tensions on Europe Halal Foods and Beverages Market
  20. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
    1. Nestle SA
    2. Ferrero International SA
    3. KQF Foods
    4. Tahira Foods
    5. Bilal Group
    6. The Coca Cola Company
    7. The Bitlong Factory
    8.  VAN HEES GmbH
    9. Other Prominent Players
  21. Key Strategic Recommendations
  22. Research Methodology
    1.       Qualitative Research
      1.   Primary & Secondary Research
    2.       Quantitative Research
    3.       Market Breakdown & Data Triangulation
      1.   Secondary Research
      2.   Primary Research
    4.       Breakdown of Primary Research Respondents, By Country
    5.       Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

          

 

List of Figures

 

Figure 1       Europe Halal Foods and Beverages Segmentation

Figure 2       Europe Halal Foods and Beverages Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2023

Figure 4       Europe Halal Foods and Beverages Market Size, By Value (USD Million), 2019–2030

Figure 5       Europe Halal Foods and Beverages Market Share, By Product Type, By Value, 2019–2030

Figure 6       Europe Halal Foods and Beverages Market Share, By Distribution Channel, By Value, 2019–2030

Figure 7       Europe Halal Foods and Beverages Market Share, By User Demographic, By Value, 2019–2030

Figure 8       Europe Halal Foods and Beverages Market Share, By Country, By Value, 2019–2030

Figure 9       Germany Halal Foods and Beverages Market Size, By Value (USD Million), 2019–2030

Figure 10     Germany Halal Foods and Beverages Market Share, By Product Type, By Value, 2019–2030

Figure 11     Germany Halal Foods and Beverages Market Share, By Distribution Channel, By Value, 2019–2030

Figure 12     Germany Halal Foods and Beverages Market Share, By User Demographic, By Value, 2019–2030

Figure 13     United Kingdom Halal Foods and Beverages Market Size, By Value (USD Million), 2019–2030

Figure 14     United Kingdom Halal Foods and Beverages Market Share, By Product Type, By Value, 2019–2030

Figure 15     United Kingdom Halal Foods and Beverages Market Share, By Distribution Channel, By Value, 2019–2030

Figure 16     United Kingdom Halal Foods and Beverages Market Share, By User Demographic, By Value, 2019–2030

Figure 17     Italy Halal Foods and Beverages Market Size, By Value (USD Million), 2019–2030

Figure 18     Italy Halal Foods and Beverages Market Share, By Product Type, By Value, 2019–2030

Figure 19     Italy Halal Foods and Beverages Market Share, By Distribution Channel, By Value, 2019–2030

Figure 20     Italy Halal Foods and Beverages Market Share, By User Demographic, By Value, 2019–2030

Figure 21     France Halal Foods and Beverages Market Size, By Value (USD Million), 2019–2030

Figure 22     France Halal Foods and Beverages Market Share, By Product Type, By Value, 2019–2030

Figure 23     France Halal Foods and Beverages Market Share, By Distribution Channel, By Value, 2019–2030

Figure 24     France Halal Foods and Beverages Market Share, By User Demographic, By Value, 2019–2030

Figure 25     Spain Halal Foods and Beverages Market Size, By Value (USD Million), 2019–2030

Figure 26     Spain Halal Foods and Beverages Market Share, By Product Type, By Value, 2019–2030

Figure 27     Spain Halal Foods and Beverages Market Share, By Distribution Channel, By Value, 2019–2030

Figure 28     Spain Halal Foods and Beverages Market Share, By User Demographic, By Value, 2019–2030

Figure 29     Belgium Halal Foods and Beverages Market Size, By Value (USD Million), 2019–2030

Figure 30     Belgium Halal Foods and Beverages Market Share, By Product Type, By Value, 2019–2030

Figure 31     Belgium Halal Foods and Beverages Market Share, By Distribution Channel, By Value, 2019–2030

Figure 32     Belgium Halal Foods and Beverages Market Share, By User Demographic, By Value, 2019–2030

Figure 33     Russia Halal Foods and Beverages Market Size, By Value (USD Million), 2019–2030

Figure 34     Russia Halal Foods and Beverages Market Share, By Product Type, By Value, 2019–2030

Figure 35     Russia Halal Foods and Beverages Market Share, By Distribution Channel, By Value, 2019–2030

Figure 36     Russia Halal Foods and Beverages Market Share, By User Demographic, By Value, 2019–2030

Figure 37     The Netherlands Halal Foods and Beverages Market Size, By Value (USD Million), 2019–2030

Figure 38     The Netherlands Halal Foods and Beverages Market Share, By Product Type, By Value, 2019–2030

Figure 39     The Netherlands Halal Foods and Beverages Market Share, By Distribution Channel, By Value, 2019–2030

Figure 40     The Netherlands Halal Foods and Beverages Market Share, By User Demographic, By Value, 2019–2030

Figure 41     Rest of Europe Halal Foods and Beverages Market Size, By Value (USD Million), 2019–2030

Figure 42     Rest of Europe Halal Foods and Beverages Market Share, By Product Type, By Value, 2019–2030

Figure 43     Rest of Europe Halal Foods and Beverages Market Share, By Distribution Channel, By Value, 2019–2030

Figure 44     Rest of Europe Halal Foods and Beverages Market Share, By User Demographic, By Value, 2019–2030

 

List of Tables

 

Table 1        Europe Halal Foods and Beverages Market Size, By Value (USD Million), 2019–2030

Table 2        Europe Halal Foods and Beverages Market Size, By Product Type, By Value, 2019–2030

Table 3        Europe Halal Foods and Beverages Market Size, By Distribution Channel, By Value, 2019–2030

Table 4        Europe Halal Foods and Beverages Market Size, By User Demographic, By Value, 2019–2030

Table 5        Europe Halal Foods and Beverages Market Size, By Country, By Value, 2019–2030

Table 6        Germany Halal Foods and Beverages Market Size, By Value (USD Million), 2019–2030

Table 7        Germany Halal Foods and Beverages Market Size, By Product Type, By Value, 2019–2030

Table 8        Germany Halal Foods and Beverages Market Size, By Distribution Channel, By Value, 2019–2030

Table 9        Germany Halal Foods and Beverages Market Size, By User Demographic, By Value, 2019–2030

Table 10      United Kingdom Halal Foods and Beverages Market Size, By Value (USD Million), 2019–2030

Table 11      United Kingdom Halal Foods and Beverages Market Size, By Product Type, By Value, 2019–2030

Table 12      United Kingdom Halal Foods and Beverages Market Size, By Distribution Channel, By Value, 2019–2030

Table 13      United Kingdom Halal Foods and Beverages Market Size, By User Demographic, By Value, 2019–2030

Table 14      Italy Halal Foods and Beverages Market Size, By Value (USD Million), 2019–2030

Table 15      Italy Halal Foods and Beverages Market Size, By Product Type, By Value, 2019–2030

Table 16      Italy Halal Foods and Beverages Market Size, By Distribution Channel, By Value, 2019–2030

Table 17      Italy Halal Foods and Beverages Market Size, By User Demographic, By Value, 2019–2030

Table 18      France Halal Foods and Beverages Market Size, By Value (USD Million), 2019–2030

Table 19      France Halal Foods and Beverages Market Size, By Product Type, By Value, 2019–2030

Table 20      France Halal Foods and Beverages Market Size, By Distribution Channel, By Value, 2019–2030

Table 21      France Halal Foods and Beverages Market Size, By User Demographic, By Value, 2019–2030

Table 22      Spain Halal Foods and Beverages Market Size, By Value (USD Million), 2019–2030

Table 23      Spain Halal Foods and Beverages Market Size, By Product Type, By Value, 2019–2030

Table 24      Spain Halal Foods and Beverages Market Size, By Distribution Channel, By Value, 2019–2030

Table 25      Spain Halal Foods and Beverages Market Size, By User Demographic, By Value, 2019–2030

Table 26      Belgium Halal Foods and Beverages Market Size, By Value (USD Million), 2019–2030

Table 27      Belgium Halal Foods and Beverages Market Size, By Product Type, By Value, 2019–2030

Table 28      Belgium Halal Foods and Beverages Market Size, By Distribution Channel, By Value, 2019–2030

Table 29      Belgium Halal Foods and Beverages Market Size, By User Demographic, By Value, 2019–2030

Table 30      Russia Halal Foods and Beverages Market Size, By Value (USD Million), 2019–2030

Table 31      Russia Halal Foods and Beverages Market Size, By Product Type, By Value, 2019–2030

Table 32      Russia Halal Foods and Beverages Market Size, By Distribution Channel, By Value, 2019–2030

Table 33      Russia Halal Foods and Beverages Market Size, By User Demographic, By Value, 2019–2030

Table 34      The Netherlands Halal Foods and Beverages Market Size, By Value (USD Million), 2019–2030

Table 35      The Netherlands Halal Foods and Beverages Market Size, By Product Type, By Value, 2019–2030

Table 36      The Netherlands Halal Foods and Beverages Market Size, By Distribution Channel, By Value, 2019–2030

Table 37      The Netherlands Halal Foods and Beverages Market Size, By User Demographic, By Value, 2019–2030

Table 38      Rest of Europe Halal Foods and Beverages Market Size, By Value (USD Million), 2019–2030

Table 39      Rest of Europe Halal Foods and Beverages Market Size, By Product Type, By Value, 2019–2030

Table 40      Rest of Europe Halal Foods and Beverages Market Size, By Distribution Channel, By Value, 2019–2030

Table 41      Rest of Europe Halal Foods and Beverages Market Size, By User Demographic, By Value, 2019–2030

Table 42      Nestle SA Company Overview

Table 43      Nestle SA Company Overview

Table 44      Ferrero International SA Company Overview

Table 45      Ferrero International SA Company Overview

Table 46      KQF Foods Company Overview

Table 47      KQF Foods Company Overview

Table 48      Tahira Foods Company Overview

Table 49      Tahira Foods Company Overview

Table 50      Bilal Group Company Overview

Table 51      Bilal Group Company Overview

Table 52      The Coca Cola Company Overview

Table 53      The Coca Cola Company Overview

Table 54      The Bitlong Factory Company Overview

Table 55      The Bitlong Factory Company Overview

Table 56      VAN HEES GmbH Company Overview

Table 57      VAN HEES GmbH Company Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

Ans: Europe Halal Foods and Beverages Market size was estimated at USD 41.31 billion in 2023.
Ans: Europe Halal Foods and Beverages Market is expected to grow at a CAGR of 8.14% during the forecast period between 2024 and 2030.
Ans: Europe Halal Foods and Beverages Market size is forecast to reach a value of USD 62.1 billion by 2030.
Ans: The growth of the Europe Halal Foods and Beverages Market is primarily driven by the rising popularity of halal products among non-Muslim individuals, increasing Muslim population, rising disposable incomes, and growing awareness of halal practices.
Ans: Key players in Europe Halal Foods and Beverages Market include Nestle SA, Ferrero International SA, KQF Foods, Tahira Foods, Bilal Group, The Coca Cola Company, The Bitlong Factory, and VAN HEES GmbH.
Ans: The halal food segment is expected to grow at the highest CAGR in the Europe Halal Foods and Beverages Market during the forecast period between 2024 and 2030.
Ans: The hypermarkets & supermarkets segment holds a major share in the Europe Halal Foods and Beverages Market by distribution channel.
Ans: The Muslim segment is expected to grow at a higher CAGR in the Europe Halal Foods and Beverages Market during the forecast period between 2024 and 2030.
Ans: France is expected to grow at the fastest CAGR in the Europe Halal Foods and Beverages Market during the forecast period between 2024 and 2030.