Middle East and Africa Halal Ingredients Market

Middle East and Africa Halal Ingredients Market Growth Analysis Report 2022 - 2027:

The Middle East and Africa Halal Ingredients Market size is expected to experience moderate growth to record a CAGR of 5.8% throughout the forecast period 2022 - 2027. Halal ingredients are any ingredient authorized for use in accordance with Islamic law. These ingredients are those that are free of components that Muslims are prohibited from consuming. In Islam, the intake of halal foods and the use of halal consumer products are obligatory to serve God, and their consumption is allowed according to Islamic dietary guidelines. These terms are commonly used with food products, cosmetics, personal care products, meat products, pharmaceuticals, food ingredients, and food contact materials.

Based on the belief that Muslims should use goods and eat foods like "pull toyibban", which means they are healthy and allowed. Therefore, Muslim communities are very attentive to food ingredients and handling processes. Halal products are those that act in accordance with religious rites and respect Sharia. This means that these products do not contain pork, alcohol, blood, predatory animals, or animals that died before slaughter. These restrictions ensure that products meet ethical standards and are humane. As Muslim populations are growing worldwide, the need for halal products and ingredients continues to grow. In Halal cosmetics, the active ingredients and functional ingredients must meet Islamic requirements.

Middle East and Africa Halal Ingredients Market Drivers and Restraints:

The increase in demand for halal-certified products in recent years is attributed to the growing population of Muslims and the increase in disposable income to use these products and services is expected to increase market growth in the coming years further. Finally, Muslims are more aware of the need and the need to consume only halal food. Halal products are gaining full recognition not only for meeting Shari'a requirements but also for hygiene, sanitation and safety aspects. Favorable government regulations in the Middle East countries and an increasing population in the Middle East region drive industry growth. As Islam is now the fastest-growing religion in the world and the growing economic development in countries with large communities of Muslims makes the halal ingredients, a profitable segment to invest in to meet the demand.

Recent Developments

1. In March 2019, Archer Daniels Midland (ADM) launched its new variants of organic flours that include all-purpose and premium organic bread flour, which are added to its range of organic and cereal-based items.
2. 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.
3. 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).
4. 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.
5. In January 2018, The DSM Personal Care & Aroma Ingredients business unit, one of the industry's leading providers for the personal care, home care and fine fragrance markets, announced today that following audits of its At Vouvry production sites and Aesch, more than half of his personal care portfolio is now certified as halal Halal certification is recognized by leading Islamic authorities around the world.
6. In July 2018, Solvay declared the launch of its Rhovanil US NAT, a natural derivative that is halal certified. These products tend to fulfil consumer need for natural products and comply with government food regulations related to the usage of natural flavors. This product consists of natural and functional solutions based on high quality vanillin. The product launches are expected to improve the base for halal ingredients in future for this company.

The Middle East and Africa 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

Regional Share Analysis of the Middle East and African Market:

The market for the Middle East and Africa Halal Ingredients has been classified on the basis of geography to offer a clear understanding of the market. The Middle East and Africa Halal Ingredients Market have been divided into South Africa, Egypt, Saudi Arabia, the United Arab Emirates, Israel, and the Rest of the Middle East and Africa.

The Middle East is supposed to record as the fastest growing regional market for halal ingredients in 2019. Supportive government policies in the GCC countries for halal foods are stimulating the demand for these ingredients. The increasing population of countries in the Middle East is the engine of the global halal food market. Market players are developing their activities in the Middle East to meet the growing demand for halal ingredients. In addition, rapid economic growth, resulting from the stable political environment in countries such as Saudi Arabia, Iran, and the United Arab Emirates, contributes to the growth of the food and beverage and food industries. Similarly, population growth and increased disposable income in the region are factors that stimulate demand for products made with halal ingredients, which in turn are foreseen to boost the market for halal ingredients in this area.

Impact of COVID-19 on the Middle East and Africa Halal Ingredients Market:

The COVID-19 (Coronavirus) pandemic has forced many companies in food & beverage industry to suspend their business activities to comply with new government decisions. This operational disruption has a direct impact on the revenue stream of the halal ingredients. As the virus continues to spread, more and more people have been asked to stay home, unless absolutely necessary, which is considered as a positive factor for the consumption of halal ingredients as they are relatively safe and healthy.

Top Major Leading Competitor’s Share Analysed in MEA 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