Tuesday, 6 March 2018

UAE halal food and beverage market to surpass US$5.5 billion by 2022

The UAE Halal Food & Beverages Market By Product Type (Meat Products, Beverages, Bakery, Candy & Chocolate), By Distribution Channel (Hypermarkets/Supermarkets, Specialty Stores, Online & Others), Competition Forecast & Opportunities, 2012-2022 report, published February 2018 by TechSci Research, has been added to ResearchAndMarkets.com's offering.

According to the report, the UAE halal food and beverage market is expected to surpass US$5.5 billion by 2022.

Increasing Muslim population, rising per capita income and growing e-commerce are among the major factors boosting demand for halal food products in the UAE. Rising acceptance for halal food among non-Muslims, stringent import and export regulations and policies regarding halal food and beverages, and rising standards of food quality are further anticipated to spur growth in this market during the forecast period.

Some of the major players operating in UAE halal food and beverage market include Al Islami Foods, Amana Foods, One Foods Holdings, Khazan Meat Factory, Al Kabeer Group ME, Albatha, Midamar, Prairie Halal Foods, JM Foods, Al Rawdah, Nestlé Dubai Manufacturing, Agthia, Americana Group, and Aujan Industries Company.