The demand for halal cheese is anticipated to rise at a CAGR of 4.9% from 2022 to 2032. The global halal cheese market is expected to be worth USD 543.2 Million in 2022 to surpass USD 876.8 Million by 2032. Historically, the halal cheese market grew at a 3.0% CAGR between 2016 and 2021.
Rising consumer interest in vegan food and beverage consumption and new products by halal cheese manufacturers for health-conscious customers are predicted to drive market expansion from 2022 to 2032. Due to shifting consumer opinions about animal slaughter and suffering, several industry firms are developing vegan products.
For example, AI Islami Foods, a halal food business in the United Arab Emirates (UAE), developed a plant-based burger with halal cheese in January 2021. The effort was launched in response to the rising demand for vegan cuisine, which is one of the factors driving the sales of halal cheese during the forecast period.
Report Attribute | Details |
---|---|
Halal Cheese Market Value (2022) | USD 543.2 Million |
Halal Cheese Market Anticipated Forecast Value (2032) | USD 876.8 Million |
Halal Cheese Projected Growth Rate (2022 to 2032) | 4.9% |
According to Halal certification, manufacturers are not authorized to utilize alcohol-based compounds in the production of cheese or any other food since alcohol is ethically unacceptable. As a result, the sales of halal cheese are anticipated to rise during the forecast period. Halal certification ensures that animals were neither abused nor tormented while making cheese. Bacterial cultures are used in the production of halal cheese. Most Muslim-majority countries have made halal certification mandatory for all products manufactured. Due to the growing demand for halal-certified processed foods, the global halal cheese industry is booming.
Halal certification offers consumers peace of mind concerned about the terrible treatment of animals used for food, aside from those who adhere to the morals of the Islam religion. The halal certification of cheese ensures that no animals are mistreated throughout the manufacturing process and that the cheese is made from bacterial cultures.
The halal cheese business has benefited from this psychological reality. Some Muslim-majority countries need halal certification for all food products. Cheese is a frequent food component in fast food, quickly spreading globally due to Western culture's acceptance. As a result, the demand for halal cheese is anticipated to rise throughout the forecast period.
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Growing Popularity of Halal-certified Products in Numerous Countries to Propel the Halal Cheese Market Growth
The global halal cheese market share is fueled by increased interest in halal goods from product manufacturers to satisfy the needs of the community, who are hesitant to compromise their religious convictions. The sales of halal cheese are boosted by the growing retail market in most nations, creating opportunities for halal products.
Users' improving living standards and higher disposable wealth are driving demand for halal cheese rapidly, as customers are willing to pay more for the desired product, another factor contributing to the expansion of the halal cheese market. The advent of hypermarkets, e-commerce, and house shipments has created new halal food and grocery delivery services, accelerating halal cheese market expansion.
Producing cheese while adhering to halal guidelines places constraints on manufacturers. This issue has influenced the sales of halal cheese. Since so many nations do not offer halal certification, as a result, this factor is anticipated to further stifle the expansion of the halal cheese market share.
The significant prevalence of alternatives for halal goods is restricting consumption due to limited knowledge and acceptability, and the absence of widespread approval, as well as the high price of halal certification, is driving halal cheese market players to use alternative ingredients. These factors are likely to affect the sales of halal cheese during the forecast period.
North America is the biggest market for halal cheese, and this development is anticipated to persist into the projection period because of the region's strong awareness of halal cuisine.
With the country's high use of processed foods, technological advancements, and greater disposable income, the demand for halal cheese is expected to expand. Furthermore, the constantly expanding food and beverage sector and the rising popularity of halal cuisine among Muslims are driving the expansion of the halal cheese market size.
North America holds a 24.0% share of the global halal cheese industry. The existence of key certifying groups that control the USA halal certification sectors, such as the Islamic Diet and Nutrition American Council (IFANCA), the Islamic Society of North America (ISNA), and the Islamic Services of America (ISA), also notable (ISA).
Canada, Brazil, and the UK are among the nations that contribute significantly to the region's halal goods imports.
According to Future Market Insights, Europe has 29.0% of the global halal cheese market. The rising demand for halal products has provided an opportunity in the region for the halal cheese business.
The region's increased competition for milk products presents a possibility for the expansion of the halal food industry. Due to the rising demand for processed food goods, a rising Muslim population, and the improved spending power of customers, Europe is likely to account for a significant portion of global halal cheese profits.
Several of the leading businesses active in this sector have their headquarters in these locations. According to estimates, Asia Pacific is among the most rapidly expanding markets for halal cheese. The food and agricultural industries comprise a large part of the region's economy.
Furthermore, government measures to support technical improvements in this field are one of the important reasons for the expansion of the halal cheese market. The Middle East and the rest of the world are expected to develop markets for halal cheese.
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Some of the halal cheese market start-ups include Kraft Heinz, Buyafrica Global Investments, Milky Mist, and Zinal.
The Kraft Heinz Company and Google launched a new multi-year strategic partnership in February 2022 to strengthen Kraft Heinz's hyper-focus on knowing its consumers and giving them the latest products, experiences, and news.
This collaboration is likely to accelerate Kraft Heinz's digital transformation as customer expectations shift online, from employing Google Cloud data and analytics tools to boosting the food giant's full-funnel marketing approach with Google Ads.
The consumption of halal cheese is rising as Islamic nations' disposable income rises. The industry is quite dispersed. To compete in this market, a company must have a halal certificate.
A smart method for improving logistics operations would be to focus on Muslim-majority nations and areas. Furthermore, this market requires cost-effectiveness. Due to the need for more knowledge among the general public, distinguishing through marketing and endorsements is required for this sector.
Due to a large number of competitors, the market is extremely competitive. While global giants such as Dairy Produce Packers Ltd, Caledonian Cheese Company, and Glanbia Cheese Ltd control a sizable market share, various regional firms are also active in important growing regions, notably the Asia Pacific.
There are many players in the global halal cheese industry, including Dairy Produce Packers Ltd (United Kingdom), Caledonian Cheese Company (United Kingdom), Glanbia Cheese Ltd (United Kingdom), Knolton Farmhouse Cheese (United Kingdom), Long Clawson Dairy Ltd (United Kingdom), Cottage Cheese Farm (Australia), HappyCow (United States), Amul (India) and Danisco (Denmark).
Key Developments in Halal Cheese Market
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 4.9 % from 2022 to 2032 |
Market Value in 2022 | USD 543.2 Million |
Market Value in 2032 | USD 876.4 Million |
Base Year for Estimation | 2021 |
Historical Data | 2016 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
Report Coverage | Revenue forecast, company ranking, consumer behavior analysis, leading regional games, competitive landscape, growth factors, and trends |
Segments Covered |
Form, Types, End-User, Regions |
Regions Covered |
North America; Latin America; Europe; Asia Pacific; Middle East and Africa |
Key Countries Profiled | United States of America, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, China, Japan, South Korea, Malaysia, Singapore, Australia, New Zealand, GCC Countries, South Africa, Israel |
Key Companies Profiled |
Dairy Produce Packers Ltd (United Kingdom); Caledonian Cheese Company (United Kingdom); Glanbia Cheese Ltd (United Kingdom); Knolton Farmhouse Cheese (United Kingdom); Long Clawson Dairy Ltd (United Kingdom); Cottage Cheese Farm (Australia); HappyCow (United States); Amul (India) and Danisco (Denmark). |
Customization | Available Upon Request |
According to FMI, the global halal cheese market would grow at a 4.9% value by 2032.
North America is likely to dominate halal cheese industry by 2032.
The halal cheese market size is expected to be worth USD 543.2 Million in 2022.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2016 to 2021 and Forecast, 2022 to 2032 5. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Types 5.1. Blue 5.2. Cheddar 5.3. Red Leicester 5.4. Mozzarella 5.5. Normal Mozzarella 5.6. Reduced-fat Mozzarella 5.7. Reduced-sodium Mozzarella 5.8. Blended 5.9. Fruit blends 5.10. Savory blends 6. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Form 6.1. Individually Quick Frozen Cheese (IQF) 6.2. Ribbon Cheese (Block) 6.3. String Cheese 6.4. Sliced Cheese 6.5. Chilled Cheese 7. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By End-Use 7.1. Household 7.2. Industrial 7.3. Beverage 7.4. Food 7.5. Fast food 7.6. Bakery 7.7. Confectionery 7.8. Desserts 8. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. Asia Pacific 8.5. Middle East and Africa 9. North America Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country 10. Latin America Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country 11. Europe Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country 12. Asia Pacific Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country 13. MEA Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country 14. Key Countries Market Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. Dairy Produce Packers Ltd 16.2. Caledonian Cheese Company 16.3. Glanbia Cheese Ltd 16.4. Knolton Farmhouse Cheese 16.5. Long Clawson Dairy Ltd 16.6. Proszkownia Mleka Spó?ka z o.o. 16.7. Wyke Farms Limited 16.8. Star Food Industries 16.9. Ekam Ultra Farms Pvt. Ltd. 17. Assumptions & Acronyms Used 18. Research Methodology
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