Europe Halal Ingredients Market

Europe Halal Ingredients Market Size Analysis Report 2022 - 2027:

Europe Halal Ingredients Market size is expected to experience moderate growth to record a CAGR of 5.1% throughout the forecast period 2022 - 2027. It is an ingredient whose use is authorized in accordance with Islamic law. It can be designated for food, drinks, and other matters of daily life. The common elements of halal products are halal vegetables, plants, fish, and animal meat when the animal is slaughtered according to Sharia rules, and the chemical origin does not contain alcohol. Halal ingredients are used in beauty products because there is a high demand for cosmetic products made with pure ingredients. Scientists review products like lipsticks, creams, and soaps to make sure these products contain halal ingredients. People around the world, including non-Muslims, prefer food and drinks to be certified as halal because they are safe and healthy.

Europe Halal Ingredients Market Drivers and Restraints:

With the exponential growth of the European Muslim population in recent years, thousands of tons of religiously slaughtered halal meat are entering the global food chain, where it is also consumed by the non-Muslim population, as they are aware of the health benefits. To meet this growing demand, an increasing number of retail formats are selling halal food products, and supermarkets are required to label foods containing halal meat. Retail chains in Europe like Tesco, Sainsbury's, Marks & Spencer, and Waitrose sell halal food, including halal meat, confectionery, bread, cereal, and snacks. The demand for halal ingredients has increased in recent years, due to the increasing demand from the cosmetic industry. This is mainly due to the growing desire of Muslim women to associate their fashion with Islamic loyalties and the rising purchasing power of the Muslim population. The demand for halal ingredients has increased in recent years, due to the expanding demand from the cosmetic industry. This is mainly due to the growing desire of Muslim women to associate their fashion with Islamic loyalties and the rising purchasing power of the population. As the dynamics of the Muslim world change and globalization trends continue to shape the tastes, habits, and consumption habits of consumers around the world, the acceptance of halal-based ingredients in the European Halal Ingredients market is anticipated to increase during the forecast period.

Recent Happenings in Europe Halal Ingredients Industry:

1. In January 2019, Croda International Plc announced that it had obtained Halal certification for 15 biopolymer ingredients. Its Halal compatible range includes surfactants, emollients, fatty acids and alcohols, humectants, inorganic UV filters, lanolin and derivatives, rheology modifiers, gelling agents, special mixtures and bases, individual cationic compounds, active ingredients and botanical extracts. This aids the organization to expand its portfolio and also to meet the needs and requirements of customers.
2. In July 2018, Solvay announced the launch of its new naturally derived ingredient called Rhovanil US NAT, which is certified as halal. These products tend to meet the demand for natural products among consumers and also comply with US regulations on natural flavors. This product consists of natural and functional solutions based on high-quality vanillin. Such an innovative launch in the halal ingredients market leads to its expansion in the forecasting future.
3. In March 2019, Archer Daniels Midland (ADM) published about the launch of its high-quality organic flours that will be added to the complementary range of organic and cereal-based products.
4. In September 2018, UAE beauty brand Al-Hur Beauty was launched in Malaysia, pledging to provide Muslim consumers with safe and reliable natural cosmetics that meet international halal certification standards. The brand was launched with great fanfare in Kuala Lumpur at KL Gateway. Al-Hur Beauty is currently available through five resellers, independent sellers, and its own in-house sales team.
5. In December 2018, Impossible Foods, a leading provider of meat substitutes based in the United States, received halal certification from IFANCA (Islamic Food and Nutrition Council of America).
6. In January 2017, BRF, the Brazilian meat packaging giant, launched OneFood in Dubai. One Food is the new BRF subsidiary that owns all of BRF's assets associated with halal meat production.
7. In March 2016, BASF obtained halal certification for a few of its personal care ingredients. The 145 personal care and home care ingredients manufactured on the company's site in Düsseldorf and Illertissen now comply with the international halal HAS 23000 standard.
8. In July 2018, Solvay published about the launch of its new element called Rhovanil US NAT, which is certified as per halal standards. These innovative products meet consumer demand for natural products and also comply with US regulations on natural flavors.

Regional Share Analysis of the Europe Market:

Europe Halal Ingredients market has been classified on the basis of geography to provide a deeper understanding of the global Halal Ingredients market. The Europe Halal Ingredients Market has been divided into the United Kingdom, Germany, France, Italy, Spain, and the rest of Europe.

France has the most considerable Muslim community in Europe, and halal offerings have also gone from high-end, from the traditional neighborhood butcher who sold meat slaughtered in accordance with Islamic law, to a significant presence in the French food industries, supermarkets, and even restaurants. As the demand for the Halal Ingredients market changes constantly, supermarkets have begun to increase their services and dedicate more shelves to these types of products. For example, the second supermarket chain in Casino France has even created its own range of halal products, which it markets under the name of Wassila. In France, the government only participates in halal certification to the extent that it has designated the three main mosques as the sole distributors of halal killing permits.

Europe Halal Ingredients Market Detailed Segment and Sub Segment Analysis:

By Type:

• Ingredients for the Food & Beverages industry
• Ingredients for the pharmaceutical industry
• Ingredients for the cosmetic industry

By Application:

• Pharmaceuticals
• Food & beverages
• Cosmetics

Leading Company:

BASF SE had a major stake in the European Halal Ingredients market in terms of sales revenue in 2017.

Top Major Leading Competitor’s Share Analysed in Europe Halal Ingredients Market report are:

1. BASF SE
2. Cargill
3. Halagel Group of Companies
4. Solvay
5. Koninklijke DSM N.V
6. Archer Daniels Midland Company
7. Amara Cosmetics
8. Del Monte Philippines Inc
9. Unilever Food Solutions
10. Tesco