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About Halal Ingredients Market
Halal ingredients are the ingredients which do not contain any pork, alcohol, blood, or any other animal-related ingredient in it. All the halal ingredients are produced according to religious rites and laws.
The significant factors responsible for the growth of the halal ingredients market include the strong demand for halal food & ingredients driven by the increasing Muslim population, rising dependencies on the halal food industry by non-organization of Islamic cooperation countries, and the accelerating adoption of halal ingredients, especially in healthcare & pharmaceutical industries due to the numerous benefits offered by it.
Moreover, the growing consumer awareness regarding functional food & beverage products and the rising emphasis on healthy snacking, nutritionally enriched, convenient, and on-the-go products, driven by the hectic lifestyle of consumers, are some other factors that are boosting the growth of the halal ingredients market size over the forecast period. The growing focus on gaining consumer trust by several marketing campaigns, the introduction of a wide range of halal food products by companies, followed by the increasing consumer awareness related to the health benefits and cleanliness, will bring various opportunities for the growth of the market. On the other hand, the lack of consistency for halal standards is likely to hamper the market growth.
The notable players in the Halal Ingredients market include Archer Daniels Midland, Solvay, Barentz International B.V., Dowdupont, Koninklijke DSM N.V., BASF SE, Cargill, Incorporated, Ashland, Symrise, and Purecircle, among others.
Halal Ingredients Market by Ingredient Type:
- Ingredients for the Food & Beverage Industry
o Hydrocolloids (Thickeners, Binders, Stabilizers)
o Protein (Concentrates + Isolates)
- Ingredients for the Pharmaceutical Industry
o Active Pharma Ingredients
- Ingredients for the Cosmetic Industry
o Specialty Additives
o Active Ingredients
Halal Ingredients Market by Application:
- Food & Beverage
o Convenience Food Products
o Bakery Products
o Beverage Products
o Meat & Poultry Products
o Confectionary Products
o Skin Care
o Hair Care
Halal Ingredients Market by Region:
- North America
o United States of America
- Asia Pacific
o Rest of APAC
o United Kingdom
o Rest of Europe
o South Africa
o Saudi Arabia
o Rest of the world (remaining countries of the LAMEA region)
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