Market demand for halal snacks, foods, and products, from both Muslim and non-Muslim countries, are skyrocketing year after year.
If you are not part of the Halal revolution yet, it is time to get going! At Wehalal our aim is to become the leading E-commerce platform for all things related to halal and halal living.
One of our early launches focused on becoming the leading player in the Halal snacks market.
This aim took us on a journey all over the world scoring halal snacks and foods that an American Muslim does not have access too.
We found some of the best Halal Munchies and our very proud to share those treats with the world.
Halal Munchies Market
1.84 billion Muslims constitute 24.4% of the global population. The figure is expected to soar to 2.2 billion by 2030. 60% of them live in Asia, followed by Middle East-North Africa and Sub-Saharan Africa.
Halal food spending will be spurred not only by the rapid population growth but also by younger demographics as the average age of a Muslim is 24 years old compared to non-Muslims’ 32 years old. Muslims have higher birth rates compared to other religions.
The Halal opportunity is high in Indonesia, India, Pakistan, and Bangladesh as these countries account for 70% of Asia’s one billion Muslims. Indonesia’s booming Halal industry is worth USD 190 billion alone!
Awareness about the Halal concept is escalating as international companies race to respond to consumer needs for Halal lifestyles.
The Halal food sector consumed USD 1,244 billion in 2016 and is expected to reach USD 1,930 billion in 2022. The biggest opportunities are in the processed food and beverage sector which hit USD 836.6 billion in 2016.
Think beyond Halal meats and restaurants. Expand your mind and look at the huge markets for food ingredients and raw materials, baby food, all types of packaged food including dairy products, snacks, drinks, health food, and other non-traditional categories, including ready-made meals.
Muslim consumers’ tastes and preferences are governed by halal rules on food and non-food specification.
The Global Islamic Economy Report by Thomson Reuters recorded a 12% increase in Halal certified food products, with a 208% increase in the chocolate products category alone.
Desserts and ice cream chartered 203%, with bakery products following at a close 183%.
Best Halal Munchies
When it comes to halal candies and munchies no one in the Muslim world currently beats Turkey in terms of quantity and output.
In fact, the nation holds enormous confectionery potential, with its market being one of the most developed anywhere in the world.
Including production and imports, Turkey’s overall confectionery market is worth an estimated $3.5bn. It’s expected to grow too, with Euromonitor suggesting it will have risen a mouth-watering 14.3% in value terms by 2021.
Turkey actually holds a big chunk of Eastern Europe’s entire candy market, holding an 11.5% share.
It’s estimated that around 42 million people regularly consume some form of sweet product in Turkey every year. That’s over 53% of Turkey’s 79m strong population. Total consumption of all product groups, covering sugar candies, chocolate, and sweet baked goods, floats at around 4.6kg per year.
Dubai and UAE Halal Munchies Market
UAE Halal food & beverages market was is projected to surpass $ 5.5 billion by 2022
Increasing the Muslim population, rising per capita income and growing e-commerce are among the major factors boosting demand for Halal food products in the UAE.
In addition, rising acceptance for Halal food among non-Muslims, stringent import & export regulations and policies regarding Halal food and beverages, and rising standards of food quality are further anticipated to spur growth in UAE Halal food & beverages market during the forecast period.
“The increase in our halal exhibitors and companies is being driven by investment opportunities across the halal food value chain, halal food SMEs seeking Islamic financing for working capital, trade financing and expansion needs, wholesome new products, halal ingredients and co-operation on building global or regional brands that deliver on halal integrity.”
Becoming a trusted name and solutions provider in the global halal food sector and a destination of choice for Islamic families are among the seven strategic objectives 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.
“Halal World Food’s growth is helping the initiative attain some of these overarching objectives,” added LohMirmand.
“With an anticipated visitor turnout of over 85,000 from more than 170 countries including international heads of state, ministers, government officials and national trade associations from five continents, I think we can confidently predict an increase in the emirate’s share of year-round trading in halal foods.”
US Halal Munchies Market
The North American market for halal food and beverage is projected to register a CAGR of 3.5% during the forecast period (2020 to 2025).
Halal food items have become popular among both Muslim and non-Muslim consumers, as they have evolved from being an identification mark of religious observation to the assurance of food safety, hygiene, and reliability.
Moreover, the flourishing e-commerce industry has facilitated the consumers with easy accessibility of halal-certified food products.
The presence of multinational manufacturers and exporters of halal food and beverages in the region is another major factor driving the market growth.
The growing knowledge about personal health and nutrition among non-Muslims Americans promotes halal food and beverages, which is based on the idea of clean, fresh, and hygienic, food & beverages.
The consumers are more open to adopting unconventional food domains like halal food as a result of increasing awareness regarding nutritional benefits.
However, strict rules and regulations are imposed by the government to regulate the halal food industry, and for controlling mislabeling and deceptive practices.
The sales and distribution of products in the United States happen primarily through organized and modern retail channels.
The halal food and beverage sector has grown substantially during the recent years, owing to the halal certifications that meet the increased need for quality assurance.
Multinational food producers also receive halal certifications, indicating this sector’s broader viability.