The halal meat market - Italy

The global Halal food market, valued at USD 1.9 trillion in 2020, is projected to experience substantial growth with a CAGR of 11.3%, potentially reaching USD 3.6 trillion by 2024. This market, which particularly adheres to Islamic principles on the permissibility of products and includes a stringent focus on meat preparation, is driven by a consumer base that includes approximately 4 million Muslims in Italy alone. As part of the broader trend of increasing Muslim tourism, which is expected to count 230 million visitors worldwide by 2026, countries like Italy are poised to benefit from this growth. The market is diversifying, encompassing not only meat but also confectionery, dairy, organic, and ready-to-eat products with advancements in production and tracking technology. Halal certification, coupled with Italy's renowned 'Made in Italy' standard, is enhancing export opportunities to Islamic countries and integrating Halal products into mainstream Italian supermarkets and specialized butchers' shops..**Trends and Growth Prospects in the Italian Halal Market** The Italian Halal market, specifically in the context of Halal food products, is indicating significant growth trends and an expanding consumer base. The global value of Halal Food Market stood at approximately USD 1.9 trillion in 2020 and is anticipated to escalate at a Compound Annual Growth Rate (CAGR) of about 11.3%, projecting a value of around USD 3.6 trillion by 2024. Within Italy itself, there is a substantial Muslim consumer population estimated to be close to 4 million, underlining a solid domestic demand that is poised to grow, especially considering the predicted increase in Muslim tourists worldwide to approximately 230 million by 2026. Italy, being a prime tourist attraction, is set to benefit from this trend. The market's structure is becoming increasingly diverse, branching out from traditional meat products to include confectionery, canned and frozen foods, dairy, organic labels, and ready-to-eat meals, reflecting the lifestyle changes of younger Muslim generations. Advances in technology have broadened the potential for Halal certification to areas like medicine and cosmetics by eliminating previous barriers such as alcohol or pig-derived gelatin content. The Halal market in Italy is demonstrating an upward trajectory, not just inward but also outward, with growing exports to Islamic countries. These exports are gaining momentum due to the synergy between Halal certification and the coveted 'Made in Italy' label, thus enhancing Italy's footprint in the global market. This trend is complemented by the increasing number of Italian meat companies obtaining Halal certification and the availability of Halal products on supermarket shelves, signaling a greater integration of Halal offerings within mainstream consumer options..## Pioneers and Key Players in the Global Halal Market ### The Vanguard of Halal Certification and Distribution The halal market has seen a variety of key players who have established themselves as the go-to sources for halal-certified products. These companies not only adhere to strict Islamic principles in their production processes but also spearhead the efforts in making halal products more accessible to consumers worldwide. #### 1. Al Islami Foods Based in the United Arab Emirates, Al Islami Foods has become synonymous with quality halal products. Their range includes frozen foods such as chicken, meat, and seafood, all prepared according to Islamic guidelines. As one of the market leaders, Al Islami Foods has set the standard for halal processing, earning a reputation for ethical and high-quality products. #### 2. QL Foods Sdn Bhd Hailing from Malaysia, QL Foods Sdn Bhd is part of QL Resources Berhad, a sustainable and diversified agro-food company. Their portfolio includes halal surimi-based products and fresh eggs, among other food items. They are known for their innovation and commitment to meeting the needs of Muslim consumers globally. #### 3. Midamar Corporation As a pioneer in the US halal market, Midamar Corporation exclusively focuses on providing the highest quality halal meats and food products to consumers. They have been a trusted brand for decades and continue to play a significant role in supplying the North American market with a wide variety of halal certified goods. #### 4. Tahira Foods Ltd. Tahira Foods Ltd. is one of Europe’s leading halal meat producers and suppliers, offering a plethora of products, including cooked meats, frozen poultry, and ready-to-eat meals. Based in the UK, their reputation for delivering authentic halal options has made them a favorite among the growing Muslim population in Europe. #### 5. DagangHalal Operating as an online marketplace, DagangHalal has established itself as a major digital player connecting halal suppliers with global consumers. With its wide array of halal-certified goods, the platform underlines the digital shift in buying patterns among Muslim consumers seeking convenience without compromising on their religious requirements. #### 6. Nestlé Global food giant Nestlé has specific lines of halal products that cater to the dietary needs of Muslim consumers. They deliver a diverse product range that spans from dairy to nutrition and baby food, ensuring that halal options are available, even from multinational brands. #### 7. Carg

Inforamtion

• Number of pages : 30 pages
• Format : Digital and PDF versions
• Last update : 03/01/2022

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Summary and extracts

List of charts

• Number of Muslims in Italy
• Turnover of major Italian companies in the halal meat sector
• What nationality are the Muslims in italy
• Percentage distribution of foreigners residing in Italy by religion
• Estimated number of Muslims with foreign citizenship
• How many Muslims have Italian citizenship?
• Muslims with Italian citizenship
• Estimated number of Muslims with Italian citizenship
• Turnover of the global Halal meat market
• Major world markets by Halal food consumption
• CAGR projection of the halal food sector
• Growth in World Spending on Halal Food
• Cities with a stronger presence of Muslims

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