Market by Product Type, Distribution Channel, User Demographics, and Geography | Forecast 2019-2027
The Latin America halal food & beverage market is estimated to grow at a CAGR of 3.23% for the forecasting years 2019-2027.
The countries analyzed in the halal food & beverage market in the Latin American region are:
• Brazil
• Mexico
• Rest of Latin America
The halal food & beverage market in Latin America shows steady growth during the forecasted period. The region lacks in the Muslim population, which hampers the market growth. However, there are various initiatives taken by governments and other agencies to promote halal food. For instance, Latin America hosted a halal industry show to promote the penetration of halal food & beverage products. In recent years, the region has witnessed considerable growth in the production of these products.
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In Brazil, halal food has been receiving recognition among the non-Muslim population due to the increasing awareness about halal food and its consumption. The country is a major beef exporter in Latin America. Brazil’s beef exports to the Middle Eastern countries have been increased after the lifting of a ban by Saudi Arabia in 2016. Additionally, Brazil is making efforts to resolve issues such as trade disputes with Indonesia, which is expected to boost the growth of the halal food & beverage market. Moreover, the growing number of Islamic tourists in Brazil is also predicted to fuel market growth.
Allanasons Private Limited is a leading exporter of branded agro commodities and processed food products. The company exports products that include frozen & chilled meat, spices & coffee, aseptic & frozen fruits, and vegetable products. The main business segment of the company includes proteins, rendered products, coffee, FMCG, leather, and pet food. The company is known for its boneless buffalo meat cuts and exporting around 1 million metric tons of agro commodities annually.
1. LATIN
AMERICA HALAL FOOD & BEVERAGE MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. FOOD
PREFERENCES
2.3. KEY
INSIGHTS
2.3.1. HALAL
MEAT & ALTERNATIVES TO LEAD AMONGST PRODUCT TYPE
2.4. PORTER’S
FIVE FORCE ANALYSIS
2.4.1. THREAT
OF NEW ENTRANTS
2.4.2. THREAT
OF SUBSTITUTE
2.4.3. BARGAINING
POWER OF SUPPLIERS
2.4.4. BARGAINING
POWER OF BUYERS
2.4.5. THREAT
OF COMPETITIVE RIVALRY
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. VENDOR
SCORECARD
2.7. REGULATORY
FRAMEWORK
2.8. VALUE
CHAIN ANALYSIS
2.9. MARKET
DRIVERS
2.9.1. GROWTH
IN MUSLIM POPULATION
2.9.2. AWARENESS
REGARDING HALAL FOOD AMONG NON-MUSLIM POPULATION
2.10. MARKET
RESTRAINTS
2.10.1. IMPLEMENTATION OF HALAL STANDARDS THROUGHOUT
THE VALUE CHAIN
2.11. MARKET
OPPORTUNITIES
2.11.1. INVESTMENT IN HALAL FOOD VALUE CHAIN
INTEGRATION
2.11.2. DEVELOPING TRACKING TECHNOLOGY
2.12. MARKET
CHALLENGES
2.12.1. ABSENCE OF VIABLE INTERNATIONAL SCHEMES TO
ACCREDIT HALAL CERTIFICATION BODIES
3. LATIN
AMERICA HALAL FOOD & BEVERAGE MARKET OUTLOOK – BY PRODUCT TYPE
3.1. HALAL
MEAT & ALTERNATIVES
3.2. HALAL
MILK & MILK PRODUCTS
3.3. HALAL
FRUITS & VEGETABLES
3.4. HALAL
GRAIN PRODUCTS
3.5. OTHERS
4. LATIN
AMERICA HALAL FOOD & BEVERAGE MARKET OUTLOOK – BY DISTRIBUTION CHANNELS
4.1. TRADITIONAL
RETAILERS
4.2. SUPERMARKETS
& HYPERMARKETS
4.3. ONLINE
4.4. OTHERS
5. LATIN
AMERICA HALAL FOOD & BEVERAGE MARKET OUTLOOK – BY USER DEMOGRAPHICS
5.1. MUSLIMS
5.2. NON-MUSLIMS
6. LATIN
AMERICA HALAL FOOD & BEVERAGE MARKET – REGIONAL OUTLOOK
6.1. BRAZIL
6.2. MEXICO
6.3. REST
OF LATIN AMERICA
7. COMPETITIVE
LANDSCAPE
7.1. NESTLÉ
7.2. CARGILL,
INC.
7.3. AL
ISLAMI FOODS
7.4. QL
FOODS SDN. BHD.
7.5. CRESCENT
FOODS
7.6. NEMA
FOOD CO
7.7. NAMET
7.8. KAWAN
FOOD BERHAD
7.9. HAOYUE
GROUP
7.10. ALLANASONS
PVT. LTD.
8. METHODOLOGY
& SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: LATIN AMERICA HALAL
FOOD & BEVERAGE MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)
TABLE 2: TASTE & FOOD
PREFERENCES
TABLE 3: VENDOR SCORECARD
TABLE 4: REGULATORY FRAMEWORK
TABLE 5: LATIN AMERICA HALAL
FOOD & BEVERAGE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 6: LATIN AMERICA HALAL
FOOD & BEVERAGE MARKET, BY PRODUCT TYPE, 2019-2027 (IN $ MILLION)
TABLE 7: LATIN AMERICA HALAL
FOOD & BEVERAGE MARKET, BY DISTRIBUTION CHANNEL, 2019-2027 (IN $ MILLION)
TABLE 8: LATIN AMERICA HALAL
FOOD & BEVERAGE MARKET, BY USER DEMOGRAPHICS, 2019-2027 (IN $ MILLION)
FIGURE 1: LATIN AMERICA HALAL
FOOD & BEVERAGE MARKET, BY HALAL MEAT & ALTERNATIVES, 2019-2027 (IN $
MILLION)
FIGURE 2: PORTER’S FIVE FORCES
ANALYSIS
FIGURE 3: MARKET
ATTRACTIVENESS INDEX
FIGURE 4: VALUE CHAIN ANALYSIS
FIGURE 5: LATIN AMERICA HALAL
FOOD & BEVERAGE MARKET, BY HALAL MEAT & ALTERNATIVES, 2019-2027 (IN $
MILLION)
FIGURE 6: LATIN AMERICA HALAL
FOOD & BEVERAGE MARKET, BY HALAL MILK & MILK PRODUCTS, 2019-2027 (IN $
MILLION)
FIGURE 7: LATIN AMERICA HALAL
FOOD & BEVERAGE MARKET, BY HALAL FRUITS & VEGETABLES, 2019-2027 (IN $
MILLION)
FIGURE 8: LATIN AMERICA HALAL
FOOD & BEVERAGE MARKET, BY HALAL GRAIN PRODUCTS, 2019-2027 (IN $ MILLION)
FIGURE 9: LATIN AMERICA HALAL
FOOD & BEVERAGE MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
FIGURE 10: LATIN AMERICA HALAL
FOOD & BEVERAGE MARKET, BY TRADITIONAL RETAILERS, 2019-2027 (IN $ MILLION)
FIGURE 11: LATIN AMERICA HALAL
FOOD & BEVERAGE MARKET, BY SUPERMARKETS & HYPERMARKETS, 2019-2027 (IN $
MILLION)
FIGURE 12: LATIN AMERICA HALAL
FOOD & BEVERAGE MARKET, BY ONLINE, 2019-2027 (IN $ MILLION)
FIGURE 13: LATIN AMERICA HALAL
FOOD & BEVERAGE MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
FIGURE 14: LATIN AMERICA HALAL
FOOD & BEVERAGE MARKET, BY MUSLIM, 2019-2027 (IN $ MILLION)
FIGURE 15: LATIN AMERICA HALAL
FOOD & BEVERAGE MARKET, BY NON-MUSLIM, 2019-2027 (IN $ MILLION)
FIGURE 16: LATIN AMERICA HALAL
FOOD & BEVERAGE MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 17: BRAZIL HALAL FOOD
& BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 18: MEXICO HALAL FOOD
& BEVERAGE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 19: REST OF LATIN AMERICA HALAL FOOD & BEVERAGE MARKET, 2019-2027 (IN $ MILLION)