Europe Halal Food And Beverage Market Outlook m

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prachiti 11/5/2021 6:53:03 AM

Europe Halal Food And Beverage Market Outlook, 2026

Bharat Book Bureau Provides the Trending Industry Research Report on Europe Halal food and Beverage Market Outlook, 2026under Food and Bevarage Market Research Report. The report offers a collection of superior Industry research, Industry analysis, competitive intelligence and Industry reports.

The word “halal” means “permissible”. As per Islamic laws and traditions, Halal Food And Beverages refer to only those edible items which are permissible to consume. The rules are however not only limited to what to eat but also enlists rules and regulations as to how the food has to be raised, slaughtered and processed. The European halal food and beverages market has a very small share in the global halal food and beverages market. Even though it is an Islamic-minority region, halal foods and beverages products are gaining popularity in the region

In the research report titled- Europe Halal Food and Beverage Market Outlook 2026, a study has been presented discussing various intricacies of the halal food and beverages market backing with sufficient data points to support qualitative judgments. During the period of 2015 to 2020, halal foods and beverages market in Europe grew by USD 26.68 Billion. It has been further forecasted in the report that the regional markets will be growing at a CAGR of 6% to 7% going into 2026. The research report present insights from different geographies namely- Germany, the United Kingdom, France, Spain, Italy, Russia, and the Rest of Europe. The market has been segmented on the basis of product lines to give a deeper understanding. The product lines which formed the basis of the study was – halal meat, seafood and poultry market, halal milk and milk beverages products, halal fruits and vegetables, halal grain products market, halal beverages, and halal confectionery, bakery, and other products. The various sales and distribution channels identified for halal products are hypermarkets/supermarkets, traditional retail channels in form of convenience stores, online channels, and other sales channels such as speciality stores, exhibitions, etc.

The European halal foods and beverages market is primarily driven by Russia which has about 40% market share in region’s market. This is supported by strong demographics as 45% of population living in Russia are Muslims making it the most Muslim populated country in the region. The other major economies in the region combined contribute about 20% of the market share in the region. In Europe, halal meat, poultry, and seafood products are the most demanded halal products but halal items in form of bakery, confectionery and other items have the fastest growth rate growing at a little less than 8% CAGR. Very similar to North America, supermarkets and hypermarkets drive the sales for halal foods and beverages products, but online sales channels were the fastest growing sales channels replicating the global pattern during the period of 2015 to 2020. However, it is to be noted that in Europe, halal speciality stores, exhibitions etc. are forecasted to be the fastest growing sales channel in the region during the period of 2020 to 2026, poised to grow at more than 8% CAGR.

CONSIDERED IN THE REPORT
Geography: Europe
Base Year: 2020
Historical year: 2015
Forecasted Year: 2026

COUNTRIES COVERED
Germany
United Kingdom
France
Spain
Italy
Russia
Rest of Europe

ASPECTS COVERED IN THE REPORT
Market Size by Value (2015-2026F)
Market Share by Product
Market Share by Sales Channel
Market Share by Country

THIS REPORT WOULD HELP YOU ANSWER THE FOLLOWING QUESTIONS:
What is the size of the Europe halal food and beverages market?
What is trend in product development in the halal food and beverages market?
What is the changing consumer behaviour with regards to halal food and beverages?
What is the position of different economies in the food and beverages landscape?
What are the drivers, development and key challenges in the halal food and beverages market?

Browse our full report with Table of Content : .
https://www.bharatbook.com/report/871099/europe-halal-food-beverage-market-outlook

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