Halal Market Size

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Your CatalystTo a Lucrative Business Halal Market Share, Size, Analysis, Growth, Regional Outlook, Strategies, Trends and Forecasts to 2024 | Hexa Research Follow Us: The global Halal Market size was valued at USD 5.73 trillion in 2016 and is expected to grow on account of rising Muslim population and increasing availability of these products & services. Increasing spending on Halal products & services by consumers besides Muslims is expected to trigger the growth of the market over the forecast period. The Islamic finance sector has witnessed tremendous growth over the past few years with the emergence of crowd funding platforms including Human Crescent. Lack of awareness has resulted in an enormous opportunity for products & services offered by this segment. The segment is likely to grow at a CAGR of 10.5% from 2017 to 2024. Speedy growth of economies in the Middle East and South East Asia are expected to augment the growth of the market owing to the presence of large Muslim population. These economies are likely to emerge as popular destinations for food and fashion. The Middle East halal market is expected to witness a double -digit growth generating revenues worth USD 6.53 trillion by 2024. Browse Details of Report @ https://www.hexaresearch.com/research-report/halal-market "Halal Market Size To Reach USD 12.14 Trillion By 2024."

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Your CatalystTo a Lucrative Business The demand for qualified halal products among non-Muslim customers has been on the upsurge as more consumers are looking for high superiority, safe and righteous products. Non -Muslim consumers in Asia Pacific are likely to play a vital role in driving the regional market making it the second largest marketplace after the Middle East, contributing to 30.9% of the global revenues by 2024. The Islamic economy is being driven primarily by the increasing youth population with high disposable incomes. These factors are likely to drive various segments of the halal market incl uding fashion, food, finance, travel, and media & recreation. Moreover, increasing availability of these products & services is expected to fuel the growth of the market over the projected period. Keeping in mind the growth of the global halal industry, several food companies including KFC and Nestle are offering halal products to their Muslim consumers. The emergence of Islamic finance institutions offering finance and banking assets are expected to provide further impetus to businesses that are focusing on venturing into the halal industry, thereby resulting in tremendous growth of the global halal industry over the next few years. Hexa Research has segmented the global halal market based on product and region: Segmentation by product, 2014 - 2024 (USD Billion) Food & Beverages Travel Media & Recreation Finance Fashion Pharmaceutical Cosmetics Segmentation by region, 2014 - 2024 (USD Billion) Americas U.S. Europe Turkey Russia Asia Pacific Indonesia India Middle East Saudi Arabia Iran Africa Key players analysed: Diana Kotb INAYAH Al-Rajhi Bank Follow Us:

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Your CatalystTo a Lucrative Business Al-Salam Bank MMA Bio Lab SdnBhd Ivy Beauty Corporation SdnBhd Nema Food Company Midamar Chemical Company of Malaysia Berhad (CCM Pharmaceuticals SdnBhd) PharmaniagaBhd Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/food-and-beverages-industry Follow Us:

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Your CatalystTo a Lucrative Business Table of Content of Halal Market Chapter 1. Market Summary 1.1. Market trends & movement Chapter 2. Global Halal Market: Drivers & Opportunities Introduction Key industry trends Market drivers Market restraints Value chain analysis Porter's Five Forces analysis SWOT Chapter 3. Global Halal Market Trends, By Product Global halal market movement, by product, 2016 & 2025 Food & Beverages Market estimates and forecast, 2014 - 2024 (USD Billion) Finance Market estimates and forecast, 2014 - 2024 (USD Billion) Media & Recreation Market estimates and forecast, 2014 - 2024 (USD Billion) Tourism Market estimates and forecast, 2014 - 2024 (USD Billion) Cosmetics Market estimates and forecast, 2014 - 2024 (USD Billion) Pharmaceutical Market estimates and forecast, 2014 - 2024 (USD Billion) Fashion Market estimates and forecast, 2014 - 2024 (USD Billion) Chapter 4. Global Halal Market Trends, By Region Global halal market movement, by region, 2016 & 2025 Asia Pacific Market estimates and forecast, 2014 - 2024 (USD Billion) Market estimates and forecast, by product, 2014 - 2024 (USD Billion) Middle East Market estimates and forecast, (2016 – 2024) (USD Billion) Follow Us:

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Your CatalystTo a Lucrative Business 4.3.2. Market estimates and forecast, by product, 2014 - 2024 (USD Billion) Europe Market estimates and forecast, 2014 - 2024 (USD Billion) Market estimates and forecast, by product, 2014 - 2024 (USD Billion) Americas Market estimates and forecast, 2014 - 2024 (USD Billion) Market estimates and forecast, by product, 2014 - 2024 (USD Billion) Africa Market estimates and forecast, 2014 - 2024 (USD Billion) Market estimates and forecast, by product, 2014 - 2024 (USD Billion) Chapter 5. Key Country Markets Indonesia Market estimates and forecast, 2014 - 2024 (USD Billion) Market estimates and forecast, by product, 2014 - 2024 (USD Billion) India Market estimates and forecast, 2014 - 2024 (USD Billion) Market estimates and forecast, by product, 2014 - 2024 (USD Billion) Russia Market estimates and forecast, 2014 - 2024 (USD Billion) Market estimates and forecast, by product, 2014 - 2024 (USD Billion) Turkey Market estimates and forecast, 2014 - 2024 (USD Billion) Market estimates and forecast, by product, 2014 - 2024 (USD Billion) U.S. Market estimates and forecast, 2014 - 2024 (USD Billion) Market estimates and forecast, by product, 2014 - 2024 (USD Billion) Saudi Arabia Market estimates and forecast, 2014 - 2024 (USD Billion) Market estimates and forecast, by product, 2014 - 2024 (USD Billion) Iran Market estimates and forecast, 2014 - 2024 (USD Billion) Market estimates and forecast, by product, 2014 - 2024 (USD Billion) Chapter 6. Competitive Landscape Competitive landscape analysis, 2016 Strategic framework Potential customer base concentration Follow Us:

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Your CatalystTo a Lucrative Business Company market positioning Company profiles Diana Kotb Company Overview Product Benchmarking Financial Performance Recent Initiatives INAYAH Company Overview Product Benchmarking Financial Performance Recent Initiatives Al-Rajhi Bank Company Overview Product Benchmarking Financial Performance Recent Initiatives Al-Salam Bank Company Overview Product Benchmarking Financial Performance Recent Initiatives MMA Bio Lab SdnBhd Company Overview Product Benchmarking Financial Performance Recent Initiatives Ivy Beauty Corporation SdnBhd Company Overview Product Benchmarking Financial Performance Recent Initiatives Nema Food Company Company Overview Product Benchmarking Financial Performance Follow Us:

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Your CatalystTo a Lucrative Business 6.5.7.4. Recent Initiatives Midamar Company Overview Product Benchmarking Financial Performance Recent Initiatives Chemical Company of Malaysia Berhad (CCM Pharmaceuticals SdnBhd) Company Overview Product Benchmarking Financial Performance Recent Initiatives PharmaniagaBhd Company Overview Product Benchmarking Financial Performance Recent Initiatives List of other vendors Chapter 7. Methodology and Scope Research methodology Research Scope & Assumptions List of data sources Follow Us:

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Your CatalystTo a Lucrative Business About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - https://www.hexaresearch.com Follow Us:

Summary: Increasing spending on Halal products & services by consumers besides Muslims is expected to trigger the growth of the market over the forecast period.

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