Halal Munchies, Every year, the demand for halal snacks, meals, and goods grows, not just in Muslim nations but also in non-Muslim countries. If you haven’t already, it’s time to join the Halal movement. Our objective at Wehalal is to be the leading E-commerce site for everything connected to the halal lifestyle.
Our first goal was to dominate the Halal Munchies business, which prompted us to travel to different regions of the world in quest of halal snacks and cuisines that aren’t frequently available to American Muslims.
Let’s discover the Best Halal Munchies in the World
Halal Market for Snacks
Halal Munchies, By 2030, there will be 2.2 billion Muslims worldwide, representing 24.4% of the world’s population. Currently, there are 1.84 billion Muslims. About 60% of Muslims reside in Asia, with the Middle East and North Africa, and Sub-Saharan Africa following.
The demand for halal cuisine is anticipated to expand dramatically, in part because Muslims tend to be younger people and in part because of the rapid population expansion.
The average age of a Muslim is 24, which is lower than the average age of non-Muslims, who are 32. In addition, compared to other religions, Muslims have greater birth rates.
With a consumption value of USD 1,244 billion in 2016 and an expected increase to USD 1,930 billion in 2022, the halal food business has seen tremendous growth. The largest opportunity is in the processed food and beverage industry, which had a 2016 market value of USD 836.6 billion.
It is important to remember that the Halal market is not just for meat and dining establishments. Food ingredients, raw materials, dairy products, snacks, drinks, health food, and even non-traditional categories like prepared meals and infant food are all represented in the market.
Muslims have distinct tastes and preferences for both food and non-food goods that follow Halal laws. As a result, businesses must take into account the growing awareness of the Halal concept and cater to Muslim consumers’ needs.
A 12% increase in food goods with the Halal certification has been reported by Thomson Reuters in their Global Islamic Economy Report. Just the category of chocolate products saw a significant 208% increase, followed by desserts and ice cream with a 203% increase and bakery goods with an 183% increase.
Best Halal Munchies in the World
Halal Munchies, In terms of both quantity and output, Turkey presently leads the Muslim world in the manufacture of halal sweets and snacks. With one of the most advanced markets in the world, the country has significant potential in the confectionery industry.
Turkey’s confectionery market is estimated to be worth $3.5 billion when both local production and imports are considered. According to Euromonitor, this market will develop even more, with a 14.3% growth in value forecast by 2021.
Turkey consumes around 4.6 kg of sugar candy, chocolate, and sweet baked products per person each year.
Halal Munchies Market in Dubai and the UAE
By 2022, it was expected that the UAE’s market for halal food and drink will surpass $5.5 billion. Numerous factors, such as the rising Muslim population, rising per capita income, and the development of e-commerce in the United Arab Emirates, are driving up demand for Halal food products.
Additionally, during the forecast period, the UAE Halal food and beverage market is anticipated to grow as a result of increasing non-Muslim acceptance of Halal food, strict import and export laws, policies regarding Halal food and beverages, and the development of food quality standards.
In addition to the emergence of new, healthy products, halal ingredients, and cooperative efforts to establish international or regional halal brands that prioritize halal integrity, the rise in halal exhibitors and businesses is being driven by a variety of investment opportunities throughout the halal food value chain.
SMEs in the halal food industry are seeking Islamic financing to address working capital, trade financing, and expansion requirements.
Halal Munchies, To become a reputable name and solution provider in the global halal food sector and a preferred destination for halal food is one of the seven strategic goals of the “Dubai – the Capital of Islamic Economy” initiative, launched in early 2013 by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.
LohMirmand claims that the growth of Halal World Food is aiding in the accomplishment of these broad goals. He asserted that it is likely that Dubai’s share of year-round halal food trading will increase given the anticipated attendance of over 85,000 visitors from over 170 countries, including international heads of state, ministers, government officials, and national trade associations from five continents.
Here are more topics for your interest given below-
The Market for US-Halal Snacks
Forecasts predict that the North American halal food and beverage industry will expand at a compound annual growth rate (CAGR) of 3.5% between 2020 and 2025.
Because halal food guarantees food safety, hygiene, and dependability rather than being just a religious marker, it has become more and more popular among both Muslim and non-Muslim consumers.
Additionally, consumers can now easily access halal-certified food products thanks to the booming e-commerce industry.
The presence of multinational producers and exporters also contributes to the market expansion for halal foods and drinks in the area.
Due to rising knowledge of their own health and nutrition, as well as the idea that halal items are clean, fresh, and sanitary, non-Muslim Americans are also becoming more interested in halal food and beverages.
The development of the halal food and beverage sector in the United States has been significantly aided by halal certifications. These items are mostly sold and distributed through contemporary, well-organized retail channels. A sign of the increased market acceptance of halal food items is the fact that international food firms, in addition to local food producers, seek halal certificates.
Customers are increasingly likely to try unusual meal alternatives as they become more aware of the nutritional advantages of halal eating.
To avoid misleading labels and dishonest business practices, the halal food sector is nonetheless subject to stringent government controls.
Best Halal Munchies, In conclusion, a growing Muslim population and increased consumer knowledge of the quality and safety of food are driving an increase in the demand for halal food and drinks throughout the world.
The Best Halal Munchies in the World provide a vast selection of delectable choices, including desserts, snacks, and drinks, with a wide range of flavors and ingredients. Businesses will have more chances to serve this expanding market and provide customers with cutting-edge and distinctive halal goods as the halal food sector continues to flourish.