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Latin America Halal Food & Beverage Market Outlook, 2026

Latin America Halal Food & Beverage Market Outlook, 2026

Bonafide Research 14-05-2021 46 Pages Figures : 5 Tables : 20
Region : South America Category : Food & Beverages Food

1. Nestle SA

2. Unilever

3. Cargill Incorporation

4. Al Islami Foods Co

5. American Foods Group

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The word “halal” means “permissible”. As per Islamic laws and traditions, halal food and beverages refer to only those edible items which are permissible to consume. The rules are however not only limited to what to eat but also enlists rules and regulations as to how the food has to be raised, slaughtered and processed. The Latin American halal food and beverages market is the fastest growing halal market in the world. Even though the Muslim population in the region is less than 1% of the total population, the region plays a crucial role in facilitating the world trade of halal foods and beverages products in the world.

In the research report prepared by Bonafide Research titled- Latin America Halal Food and Beverage Market Outlook, 2026 a study has been presented discussing various intricacies of the halal food and beverages market backing with sufficient data points to support qualitative judgments. The Latin American halal foods and beverages market grew by USD 0.99 Billion during the period of 2015 to 2020. During the period of 2020 to 2026, it has been further estimated that the market will be growing at a CAGR of 8.30% making it the fastest growing region in the world during the forecast period. The research report present insights from different geographies namely- Brazil, Argentina, and the Rest of Latin America. The market has been segmented on the basis of product lines to give a deeper understanding. The product lines which formed the basis of the study was – halal meat, seafood and poultry market, halal milk and milk beverages products, halal fruits and vegetables, halal grain products market, halal beverages, and halal confectionery, bakery, and other products. The various sales and distribution channels identified for halal products are hypermarkets/supermarkets, traditional retail channels in form of convenience stores, online channels, and other sales channels such as speciality stores, exhibitions, etc.

The halal foods and beverages market in the Latin America region is primarily driven Brazil which has a little more than 1/3 share in the regional market. It is however imperative to know that the rest of the Latin America other than Brazil and Argentina accounts for almost 50% of the total regional market. Most of the market players are small and medium sized enterprises which focus on export prospects due to small domestic demand. Almost 40% of the halal market sales constitute of traditional halal meat, poultry, and seafood products. However, following the industrial trend, halal products in form of Bakery, confectionery and other items are the fastest growing product segment in the region growing at a CAGR of roughly 8% to 9%. Most of the sales of halal foods and beverages products are made through hypermarkets and supermarkets accounting for almost 50% of sales but online sales channels in the region show promising growth of about 9% to 10% during the review period. As the halal products are seeing increased demand, the traditional retail channels are also showing strong growth in the region.

CONSIDERED IN THE REPORT
• Geography: Latin America
• Base Year: 2020
• Historical year: 2015
• Forecasted Year: 2026

COUNTRIES COVERED
• Brazil
• Argentina
• Rest of Latin America

ASPECTS COVERED IN THE REPORT
• Market Size by Value (2015-2026F)
• Market Share by Product
• Market Share by Sales Channel
• Market Share by Country

THIS REPORT WOULD HELP YOU ANSWER THE FOLLOWING QUESTIONS:
• What is the size of the Latin America halal food and beverages market?
• What is trend in product development in the halal food and beverages market?
• What is the changing consumer behaviour with regards to halal food and beverages?
• What is the position of different economies in the food and beverages landscape?
• What are the drivers, development and key challenges in the halal food and beverages market?

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