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Halal Food and Beverages Market Trends, Segmentation, Regional Demand and Forecast by 2028 The global halal food and beverages market size was USD 1.96 trillion in 2020. The market is projected to grow from USD 2.09 trillion in 2021 to USD 3.27 trillion by 2028, exhibiting a CAGR of 6.56% during the forecast period of 2021-2028. Fortune Business Insights™ provides this information in its report, titled, “Halal Food and Beverages Market, 2021-2028.” According to our researchers, the growing Islamic population across the globe coupled with the rising consumer worries concerning food safety, superiority, and animal brutality have substantially upsurged the demand for halal food & beverages. Moreover, the constantly extending distribution network and the assessment in customer buying configurations are projected to further power the global market in the forthcoming years. Commotion in Supply Chain to Hinder Market Growth amid COVID-19 Crisis The preliminary months of the COVID-19 pandemic had disturbed all stages in the supply chain cycle of the halal food and beverage industry. The prominent manufacturers in Islamic and non-Islamic nations registered a decline in the workforce which considerably impacted the production ability. Additionally, the strike in demand for retail products such as pre-cooked and ready-to-eat meat products too adversely influenced the industry. The affirmative progression in the customer's preferences for halal products owing to their welfare and superiority is estimated to drive the halal food and beverages market growth in the foreseeable future. Report Coverage We have implemented a unique research approach comprising statistics triangulation based on the famous bottom-up and top-down approaches. Our researchers have led thorough primary research to verify the estimated size of the halal food and beverages industry. The data utilized to portray the shares for multiple national, regional, and global segments is extracted from comprehensive interviews with various stakeholders. Our analysts have also derived information from paid databases, industry journals, SEC filings, and many other similar resources. Segmentation By Product, the global market is segregated into meat, poultry & seafood, dairy products, cereal & grain-based products, non-dairy beverages, fruits, vegetables & nuts. By distribution channel, the market is divided into traditional retailers, supermarkets/hypermarkets, online retail, and others. Geographically, the market is classified into North America, Europe, Asia Pacific, South America, and the Middle East & Africa Drivers and Restraints Increasing Islamic Population & Moving Customer Responsiveness to Fuel Market Growth Islam is the quickest-growing religion globally, which affirmatively impacts the global demand for halal food & beverage products. As per the latest record declared by the Government of Saudi Arabia, the global Muslim population signifies about 28.26% of the total world population. Additionally, the rising consciousness among the Muslim population concerning the requirement and inevitability to ingest only halal food predominantly powers the growth of the global market. Moreover, the growing dispensable revenue levels of the Islamic population are further anticipated to thrust the market growth during the upcoming years. Regional Insights Asia Pacific held the maximum halal food and beverages market share and was valued USD 1.20 trillion in 2020. The largest Islamic population is focused in the Asia Pacific region as the four biggest nations in terms of the Muslim population are situated on this continent, comprising India, Indonesia, Pakistan, and Bangladesh. The Middle East and Africa have huge latent for the market growth as the customers in this region are principally Muslim with increasing per capita revenues. Europe is observing significant growth in the market. Surging flexible incomes coupled with a rising Muslim population is estimated to elevate the demand for halal products. Competitive Landscape The major players such as Cargill, Inc., Nestle S.A., and Unilever are fixated on novel product improvements, collaborations, and procurements to associate the market. The advent of small-scale companies in this market expressively donates to the competition occurring within the market, which has an optmistic influence on the market's growth. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/halal-food-and-beverages-market-106186

The global aquafeed market size is anticipated to reach USD 85.17 billion by 2028 and exhibit a CAGR of 5.59% during the forecast period. The increasing popularity of aquafeed and the rising investments in the research and developments activities are projected to foster growth for the market. The market’s growth is also ascribable to the increasing seafood trade due to the soaring seafood consumption and consumer expenditure on fish and fish products such as fish meal, fish oil, and fish silage. https://www.fortunebusinessinsights.com/industry-reports/aquafeed-market-100698

A seafood market is a vibrant marketplace dedicated to the sale of an extensive array of fresh and often locally sourced seafood products. These markets, typically found in coastal regions or areas with access to abundant aquatic resources, showcase the bounty of the sea, offering a wide variety of fish, shellfish, crustaceans, and mollusks. The seafood market size was USD 310.75 billion in 2021. The industry is expected to grow from USD 333.25 billion in 2022 to USD 605.46 billion by 2029, exhibiting a CAGR of 8.92% over the forecast period. The surge can be credited to various aspects including soaring per capita consumption and escalating disposable income. Source Link : https://www.fortunebusinessinsights.com/industry-reports/seafood-market-101469

Seafood Market Growth & Top Key Players Update By 2029 The global seafood market size was USD 310.75 billion in 2021 and is projected to grow from USD 333.25 billion in 2022 to USD 605.46 billion by 2029, exhibiting a CAGR of 8.92% during the 2022-2029 period. Source Link: https://www.fortunebusinessinsights.com/industry-reports/seafood-market-101469

Seafood Market Major Drivers and Trends Up to 2029 The global seafood market size was USD 310.75 billion in 2021 and is projected to grow from USD 333.25 billion in 2022 to USD 605.46 billion by 2029, exhibiting a CAGR of 8.92% during the 2022-2029 period. Source Link : https://www.fortunebusinessinsights.com/industry-reports/seafood-market-101469

Seafood Market Size, Future Growth, Segments and Forecast 2029 The global seafood market size was USD 310.75 billion in 2021 and is projected to grow from USD 333.25 billion in 2022 to USD 605.46 billion by 2029, exhibiting a CAGR of 8.92% during the 2022-2029 period. Source Link: https://www.fortunebusinessinsights.com/industry-reports/seafood-market-101469

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https://blogfreely.net/momolan595/a-seamless-experience-supply-chain-efficiency-with-a-seafood-supplier Siam Canadian started off as a small trading company specializing in food products such as a shrimp exporter, frozen fish supplier.