Mexico Halal Food & Beverage Market Overview, 2027

Mexico Halal Food & Beverage Market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition, Forecast & Opportunities.

"The Halal food and beverage market in Mexico is gradually gaining attention and experiencing growth. Halal refers to food and beverages that comply with Islamic dietary laws. Although the market is still developing, there is an increasing demand for Halal products driven by several factors. Firstly, the growing Muslim population in Mexico, along with the presence of Muslim tourists and expatriates, has contributed to the demand for Halal-certified food and beverages. Secondly, the rising awareness among non-Muslim consumers regarding food quality, safety, and diverse dietary options has also influenced the demand for Halal products. Thirdly, globalization and increased trade have made Halal products more accessible and visible in the Mexican market. The Halal food and beverage market in Mexico covers a range of products, including meat, poultry, dairy, snacks, beverages, and confectionery. Local and international brands are beginning to offer Halal-certified options to cater to the growing demand. Halal certification authorities play a crucial role in ensuring compliance with Halal standards and building consumer trust. The availability of Halal products may vary across different regions in Mexico, but efforts are being made to expand their presence through specialized stores, e-commerce platforms, and international food fairs. Overall, while still in its early stages, the Halal food and beverage market in Mexico presents opportunities for manufacturers and suppliers to meet the needs of a diverse consumer base and tap into the growing demand for Halal-certified products. According to the report, “Canada Halal Food & Beverages Market Overview, 2027” published by Bonafide Research, the overall market is anticipated to grow with prominent market growth during the forecast period. Governments of the Islamic, as well as the non-Islamic nations and the manufacturers of halal-certified food products, have been taking various initiatives in terms of marketing & educating consumers about these products. The confidence of consumers in halal brands has been the most influential factor in the actual purchase of these products across the country. Many companies certified in complying with Islamic rules and regulations are coming up which have increased the competitiveness in the market. Country specific laws and certifying methods act as a restraint for various multinational companies for expanding the production to various countries. This hinders the growth of the market.

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Technological advancements in halal food items are key trends gaining popularity in the Halal market. With the increasing demand for halal foods, halal laboratories are actively engaged in the food safety, analysis of food products for maintaining quality standards to detect the presence of porcine material or alcohol, blockchain, and the Internet of things (IoT) are the technological advancements that strengthen the market. Blockchain platform offers transparency in the halal economy and allows tracing the origin of halal food products. Further, the expenditure on food products from Muslim countries across the country has registered substantial growth in the past couple of years, strongly accelerating the halal food and beverage products market. The value for meat, poultry, and seafood products is the largest in the market due to its worldwide reach and popularity. Emerging economies are expected to contribute profoundly to the growth of the halal meat and poultry industry due to rising incomes and healthy eating trends among consumers. The growing demand for packaged processed meat products as they are considered hygienic and high-quality products is expected to fuel the segmental growth in the foreseeable years. The key manufacturers are investing in better technologies of meat preservation to fulfil the growing consumer demand for more fresh and healthy processed meat products. Further, traditional retailers hold the major market share as butcher shops chiefly sell halal meat, poultry, and seafood products in most Islamic countries and non-Islamic countries. However, the rapid expansion of distribution channels has significantly fuelled the segmental growth over the past few years. The supermarket channels are evolving rapidly to invest in newer technologies and offer consumers a wide variety of products. These retail channels are investing in complying with all regulatory requirements to improve the safety and quality of products they offer. The increasing digitalization across the world would also support the evolution of online retail channels. Covid-19 Impacts: The rapid spread and disruption of COVID-19 in the food and drink industry, including the Halal food industry, caused disruptions to the food supply chain. Leading global manufacturers saw a reduction in labour and disruption in the import and export of Halal Food. This significantly affected their sales and consumption. In addition, the pandemic caused a slowdown in the demand for meat products. However, the market will be boosted by the growing demand for healthy and safe foods over the forecast period.

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Manmayi Raval

Manmayi Raval

Research Consultant

Considered In the Report • Geography: Mexico • Historical year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecasted year: 2027 Aspects Covered in the Report • Market Size By Value for the historic time period (2016-2021) • Market Size By Value for the forecast time period (2022-2027) • Market Share by Product (Halal Meat, Poultry & Seafood, Halal Milk & Milk Products, Halal Fruits & Vegetables, Halal Grain Products, Beverage Products, Others) • Market Share by Sales Channel (Hyper Market/ Supermarket, Traditional Retail, Online, Others) • Market Share by Country (2016, 2021 & 2027F) The approach of the report: We keep an eye on evolving markets and try to evaluate the potential of the products and services. If we find the market interesting, we start working on it and create the desired table of content, considering all aspects of the business. We start by creating separate questionnaires for C-level executives, national/regional sales personnel, company owners, dealers, distributors, and end-users. Once the questionnaires have been finalized, we start collecting the primary data (mostly through phone calls) and try to understand the market dynamics regionally or tier-wise. This process gives us in-depth details of the market, including all present companies, the top-performing products with reasons why they dominate; we get the details of new players and their innovative approaches; market trends; dynamics; and all the small details of the market. After the collection of primary inputs, we then cross-check the same with secondary sources that include associations, trade journals, annual reports, paid databases, newspapers, magazines, press releases, government sources, etc. From this, we get a rough estimate of the market and start checking existing product price variants, trade, production, raw material scenarios, policies and regulatory landscape, etc. Then, to finalize the market, we start collecting financials of each player present in the market, including limited, private limited, and LLPs. Moreover, we perform cross-industry and cross-region analysis of the product, and based on collected primary inputs and using statistical modeling, we start forecasting the market. We follow our forecasting algorithm, which is unique for each product but gives more weight age to primary inputs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, PEST analysis, etc. Once the data is verified by the data expert, the team (primary team, content team, and data team) together crosscheck the segmentations, validate the market, and then the designing team starts plotting the graphs. Once the file is ready, the content team completes the report and makes sure that all the discussed points have been covered and provides their valuable inputs in the form of strategic recommendations for new as well as existing players. The QC team then checks the overall report that includes spell check, data verification, and makes the same dispatch ready and error-free.

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Manmayi Raval

Intended Audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the halal food & beverage industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. Keywords: Halal Meat, Poultry & Seafood, Halal Milk & Milk Products, Halal Fruits & Vegetables, Halal Grain Products, Beverage Products, Hyper Market/ Supermarket, Traditional Retail, Online, Canada."

Table of Contents

  • Table of Content
  • 1. Executive Summary
  • 2. Introduction
  • 2.1. Market Definition
  • 2.2. Market Scope &Segmentation
  • 2.3. Research Methodology
  • 3. Mexico Macro Economic Indicators
  • 4. Mexico Halal Food & Beverages Market Category Analysis
  • 4.1. Key findings
  • 4.2. Market Drivers
  • 4.3. Market Restraints
  • 4.4. Opportunities
  • 4.5. Policies & Certification
  • 4.6. Value Chain Analysis
  • 4.7. Key Developments - 2021
  • 5. Mexico Halal Food & Beverages Market Trends
  • 6. Mexico Halal Food & Beverages Market Overview
  • 6.1. Market Size By Value
  • 6.2. Market Share
  • 6.2.1. By Product
  • 6.2.2. By Sales Channel
  • 7. Mexico Halal Food & Beverages Market Segmentations
  • 7.1. Mexico Halal Food & Beverages Market, By Product
  • 7.1.1. Mexico Halal Food & Beverages Market Size, By Halal Meat, Poultry & Seafood, 2016 - 2027F
  • 7.1.2. Mexico Halal Food & Beverages Market Size, By Halal Milk & Milk Products, 2016 - 2027F
  • 7.1.3. Mexico Halal Food & Beverages Market Size, By Halal Fruits & Vegetables, 2016 - 2027F
  • 7.1.4. Mexico Halal Food & Beverages Market Size, By Halal Grain Products, 2016 - 2027F
  • 7.1.5. Mexico Halal Food & Beverages Market Size, By Beverage Products, 2016 - 2027F
  • 7.1.6. Mexico Halal Food & Beverages Market Size, By Others, 2016 - 2027F
  • 7.2. Mexico Halal Food & Beverages Market, By Sales Channel
  • 7.2.1. Mexico Halal Food & Beverages Market Size, By Supermarkets and Hypermarkets, 2016 - 2027F
  • 7.2.2. Mexico Halal Food & Beverages Market Size, By Traditional Retail, 2016 - 2027F
  • 7.2.3. Mexico Halal Food & Beverages Market Size, By Online Sales Channel, 2016 - 2027F
  • 7.2.4. Mexico Halal Food & Beverages Market Size, By Others, 2016 - 2027F
  • 8. Mexico Halal Food & Beverages Market Opportunity Assessment
  • 8.1. By Product, 2022F to 2027F
  • 8.2. By Sales Channel, 2022F to 2027F
  • 9. Competitive Landscape
  • 9.1. Porter's Five Forces
  • 9.2. Company Profiles
  • 9.2.1. Company 1
  • 9.2.2. Company 2
  • 9.2.3. Company 3
  • 9.2.4. Company 4
  • 9.2.5. Company 5
  • 9.2.6. Company 6
  • 9.2.7. Company 7
  • 9.2.8. Company 8
  • 10. Strategic Recommendations
  • 11. Disclaimer

List of Table

Table 1: Mexico Halal Food & Beverages Share By Product (2016, 2021 & 2027F)
Table 2: Mexico Halal Food & Beverages Market Size of Halal Meat, Poultry & Seafood (2016 to 2027F) in USD Billion
Table 3: Mexico Halal Food & Beverages Market Size of Halal Milk & Milk Products (2016 to 2027F) in USD Billion
Table 4: Mexico Halal Food & Beverages Market Size of Halal Fruits & Vegetables (2016 to 2027F) in USD Billion
Table 5: Mexico Halal Food & Beverages Market Size of Halal Grain Products (2016 to 2027F) in USD Billion
Table 6: Mexico Halal Food & Beverages Market Size of Beverage Products (2016 to 2027F) in USD Billion
Table 7: Mexico Halal Food & Beverages Market Size of Others (2016 to 2027F) in USD Billion
Table 8: Mexico Halal Food & Beverages Market Size of Supermarkets and Hypermarkets (2016 to 2027F) in USD Billion
Table 9: Mexico Halal Food & Beverages Market Size of Traditional Retail (2016 to 2027F) in USD Billion
Table 10: Mexico Halal Food & Beverages Market Size of Online Sales Channel(2016 to 2027F) in USD Billion
Table 11: Mexico Halal Food & Beverages Market Size of Others(2016 to 2027F) in USD Billion
Table 12: Key Facts of Company 1
Table 13: Key Facts of Company 2
Table 14: Key Facts of Company 3
Table 15: Key Facts of Company 4
Table 16: Key Facts of Company 5
Table 17: Key Facts of Company 6
Table 18: Key Facts of Company 7
Table 19: Key Facts of Company 8

List of Figures

Figure 1: Mexico Halal Food & Beverages Market Size By Value 2016 to 2027F (In USD Billion)
Figure 2: Mexico Halal Food & Beverages Market Share By Sales Channel (2016, 2021 & 2027F)
Figure 3: Market Attractiveness Index, By Product
Figure 4: Market Attractiveness Index, By Sales Channel
Figure 5: Porter's Five Forces Meter of Halal Food & Beverages Industry in Mexico
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Mexico Halal Food & Beverage Market Overview, 2027

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