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Halal food
refers to the food products that are prepared by following Islamic dietary laws
and regulations, which defines foods that are lawful or permissible and clean.
Muslims community consumers avoid food and beverages that are Haram, meaning
forbidden or unlawful by their Islamic faith.
The intake
of food items is also rising due to the surge in the Muslim population
worldwide, which expected to drive the growth of the market, according to the
study.
The need
for halal cosmetic products among the 2.4 billion Muslim customers globally is
increasing. However, the demand in cosmetics stays unmet because cosmetics
production is controlled by non-halal cosmetic manufacturers, whose manufacture
methods may not fit in with the requirements of its science. The development of
these cosmetics and the assessment of their product performance are still in
its early stages. The incorporation of its science in the manufacture of most
cosmetic products remains insufficient.
Moreover,
there is a global deficiency of guiding documents on the growth and assessment
techniques in the production of comprehensively halal cosmetics. It aims to
abridge existing literature and knowledge of halal and cosmetic science to
provide essential technical guidance in the production of these cosmetics.
Also, the adoption of these methods addresses the unique ethical issues
associated with the conformance of cosmetics’ product performance to spiritual
practices and its science.
The Middle East emerged as the fastest-growing regional market
for this ingredient in 2019 due favorable government rules in GCC countries to
drive the ingredients market.
The growing
populace in the Middle Eastern nations is driving the overall market. Global
players are expanding their businesses in the Middle East
to cater to the increasing demand for these ingredients. Also, rapid economic
development, as a result of the steady political environment in countries such
as Saudi Arabia , Iran , and the
UAE, is aiding to the growth in the F&B and consumer product industries.
Similarly, the growing population and increase in the disposable income in the
region are factors driving the demand for products produced using these
ingredients, which in turn, expected to drive the market.
Further key
findings from the report suggest the following:
· The
Halal Ingredients market is growing at a CAGR of 3 % in the Middle Eastern
Region due to more influx of migrants and increasing regulations for strict
usage of halal food. The region also witnessed more product innovation and
funding for the promotion of these foods.
· The
Flavors segment dominated the ingredients in the F&B industry due to the
increase in certification agencies. Thus food products certified as halal or
kosher should have their constituent raw materials, processing aid ingredients,
processing and sanitation chemicals, packaging material, etc. meet the
religious dietary requirements
· Countries
like Australia
are also playing a significant role in the food market. Australia , with
a local Muslim populace of about half a million, has come to be a world leader
in the processing and manufacturer of halal meat and meat products. The
continent is a long-trusted provider of Beef and Lamb to over 100 nations in
the world, comprising the Middle East .
· Australia has one of the strictest Halal
Programs in the world. The Australian Government Certified Program (AGAHP)
undertaken in collaboration with the Australian government’s Division of
Agriculture & Water Resources and Australian Islamic Organizations.
Collectively, they enforce the best practices of production guidelines, which
have aided to the global acknowledgment that Australia ’s Halal program is
amongst the most meticulously implemented system in the world
· Key
players in the market include Koninklijke DSM N.V. (Netherlands ),
Cargill (US), Barentz B.V. (Netherlands ),
ADM (US), Kerry (Ireland ),
DowDupont (US), Solvay S.A.
(Belgium ), BASF (Germany ), Symrise (Germany ),
Ashland (US), Purecircle Limited (Malaysia ),
and Halagel (Malaysia ).