Australia Halal Food Market (2024-2030) | Outlook, Trends, Share, Revenue, Growth, Forecast, Companies, Analysis, Value, Industry & Size

Topics Covered in the Australia Halal Food Market Report

The Australia Halal Food Market report thoroughly covers the market by product type, by distribution channel, by type and by product base. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Australia Halal Food Market Synopsis

The Australia Halal food market is witnessing significant growth, driven by increasing demand for certified halal products from Muslim consumers and increasing diversity. Halal food complies with Islamic dietary guidelines and covers a wide range of foods, including meat, poultry, dairy products, snacks and beverages. In addition, choosing healthy and certified foods also helps revitalize the market. The market is also witnessing the advent of Halal food festivals and dedicated Halal supermarkets, which further popularize Halal food choices among Australians. This growing acceptance and demand are expected to continue propelling the Australia Halal food market forward, with innovation and quality remaining key factors for success.

According to 6Wresearch, the Australia Halal Food Market size is expected to grow at a significant CAGR of 7.0% during the forecast period 2024-2030. Several factors drive the growth of the Australia Halal food market. First, the growth of Australia's Muslim population has increased the demand for halal certified products. Secondly, raising awareness about halal food consumption among non-Muslim consumers is important for further business growth. Also, there are many halal certified products that appeal to different customers and help grow the business.

Additionally, the Australia Halal food industry is currently experiencing significant growth, driven by increasing demand from both Muslim and non-Muslim consumers. This surge is partly due to the rising awareness of Halal food's health and safety attributes, coupled with a growing Muslim population in the country. Trends indicate a shift towards organic and eco-friendly Halal products, reflecting broader consumer preferences for sustainability and ethical sourcing. Manufacturers and retailers are rapidly expanding their Halal-certified offerings, ranging from meat and dairy products to processed foods and beverages, catering to a diverse customer base.

Australia Halal Food Market: Leading Players

Key players in the Australia Halal food market include Al-Ittihad Halal Meat Pty Ltd, Baiada Poultry Pty Limited, and Sargent Farms. These companies offer a diverse range of Halal-certified products, including meat, poultry, and processed foods, catering to the needs of Muslim and non-Muslim consumers alike.

Australia Halal Food Market: Government Initiatives

The Australia government actively supports the Australia Halal food market through initiatives such as establishing the Australia International Halal Authority Board (AIHAB) to regulate and certify halal products. Additionally, a Halal Certification Program simplifies certification processes for local businesses. Collaborations with industry bodies and international promotional campaigns aim to position Australia as a hub for halal food production.

Future Insights of the Australia Halal Food Market

The Australia Halal food market growth will continue to surge, driven by public trends, consumer preferences for halal certified products and the government. Advances in technology, such as blockchain halal certification, are expected to further strengthen the growth of the industry by increasing transparency and trust in the halal food chain.

Market Segmentation by Type

According to Ravi Bhandari, Research Head, 6Wresearch, Halal food is currently Australia's largest and fastest growing segment in halal food market. This can be attributed to the increased demand for halal certified products among Muslim consumers and increased awareness of halal food among non-Muslims.

Market Segmentation by Distribution Channel

The traditional method of distribution of halal food in Australia is through specialty stores, independent retailers and convenience stores specifically catering to the Muslim community. However, people have now turned to modern stores such as hypermarkets and supermarkets, where they can easily access halal products.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Australia Halal Food Market Outlook
• Market Size of Australia Halal Food Market, 2023
• Forecast of Australia Halal Food Market, 2030
• Historical Data and Forecast of Australia Halal Food Revenues & Volume for the Period 2020 - 2030
• Australia Halal Food Market Trend Evolution
• Australia Halal Food Market Drivers and Challenges
• Australia Halal Food Price Trends
• Australia Halal Food Porter's Five Forces
• Australia Halal Food Industry Life Cycle
• Historical Data and Forecast of Australia Halal Food Market Revenues & Volume By Type for the Period 2020 - 2030
• Historical Data and Forecast of Australia Halal Food Market Revenues & Volume By Halal Food for the Period 2020 - 2030
• Historical Data and Forecast of Australia Halal Food Market Revenues & Volume By Halal Drinks for the Period 2020 - 2030
• Historical Data and Forecast of Australia Halal Food Market Revenues & Volume By Halal Supplements for the Period 2020 - 2030
• Historical Data and Forecast of Australia Halal Food Market Revenues & Volume By Distribution Channel for the Period 2020 - 2030
• Historical Data and Forecast of Australia Halal Food Market Revenues & Volume By Hypermarkets/Supermarkets for the Period 2020 - 2030
• Historical Data and Forecast of Australia Halal Food Market Revenues & Volume By Convenience Stores for the Period 2020 - 2030
• Historical Data and Forecast of Australia Halal Food Market Revenues & Volume By Online Channel for the Period 2020 - 2030
• Historical Data and Forecast of Australia Halal Food Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Australia Halal Food Market Revenues & Volume By Product Type for the Period 2020 - 2030
• Historical Data and Forecast of Australia Halal Food Market Revenues & Volume By Cereals & Grains for the Period 2020 - 2030
• Historical Data and Forecast of Australia Halal Food Market Revenues & Volume By Fruits & Vegetables for the Period 2020 - 2030
• Historical Data and Forecast of Australia Halal Food Market Revenues & Volume By Milk & Dairy Products for the Period 2020 - 2030
• Historical Data and Forecast of Australia Halal Food Market Revenues & Volume By Meat for the Period 2020 - 2030
• Historical Data and Forecast of Australia Halal Food Market Revenues & Volume By Poultry & Seafoods for the Period 2020 - 2030
• Historical Data and Forecast of Australia Halal Food Market Revenues & Volume By Product Base for the Period 2020 - 2030
• Historical Data and Forecast of Australia Halal Food Market Revenues & Volume By Native Starch for the Period 2020 - 2030
• Historical Data and Forecast of Australia Halal Food Market Revenues & Volume By Modified Starch for the Period 2020 - 2030
• Historical Data and Forecast of Australia Halal Food Market Revenues & Volume By Sweeteners for the Period 2020 - 2030
• Australia Halal Food Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Distribution Channel
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Product Base
• Australia Halal Food Top Companies Market Share
• Australia Halal Food Competitive Benchmarking By Technical and Operational Parameters
• Australia Halal Food Company Profiles
• Australia Halal Food Key Strategic Recommendations

Market Covered       

The report offers a comprehensive study of the subsequent market segments:

By Type

• Halal Food
• Halal Drinks
• Halal Supplements

By Distribution Channel

• Hypermarkets/Supermarkets
• Convenience Stores
• Online Channel
• Others

By Product Type

• Cereals & Grains
• Fruits & Vegetables
• Milk & Dairy Products
• Meat
• Poultry & Seafoods

By Product Base

• Native Starch
• Modified Starch
• Sweeteners

Australia Halal Food Market (2024-2030): FAQs