Argentina Halal Food & Beverages Market Overview, 2029

Halal food and beverages in Argentina are characterized by their compliance with Islamic dietary laws, which dictate specific practices regarding animal treatment and slaughter, as well as the exclusion of pork and alcohol. Products such as halal-certified meats, dairy, grains, and processed foods must be devoid of any non-halal components. Argentina has emerged as a prominent halal meat supplier, particularly for export to Muslim-majority nations, thanks to its robust cattle industry. Despite the Islamic population being relatively small—around 1-2% of the total populace—there is an increasing recognition of halal standards among the non-Islamic Argentine community, spurred by global demand. The predominant faith in Argentina is Christianity, with a significant Roman Catholic presence, yet the nation is noted for its religious tolerance. In the realm of hospitality, especially in major cities like Buenos Aires, halal-certified hotels and restaurants are gradually becoming available to cater to Muslim tourists. Renowned for their European-inspired luxury and service, Argentine hotels are expanding their culinary offerings to include halal options. While still a niche market, halal products are gaining traction as part of Argentina's broader initiative to diversify its tourism and better serve international guests, thus promoting inclusivity within its hospitality sector.

According to the research report "Argentina Halal Food & Beverages Market Overview, 2029," published by Bonafide Research, the Argentina Halal Food & Beverages market is anticipated to grow at more than 8.73% CAGR from 2024 to 2029. The halal food and beverage industry in Argentina is witnessing steady growth, driven by the country's prominent position as a major meat producer and its increasing exports to Muslim-majority countries. Although the Muslim population in Argentina is relatively small, there is a notable rise in awareness and demand for halal-certified products, influenced by export requirements and global halal market trends. Local producers and exporters are obtaining halal certifications to tap into international markets, particularly in the Middle East and Asia, which has stimulated growth and elevated standards in halal food production. Moreover, Argentina's distinguished reputation for high-quality beef has positioned it as a sought-after halal meat supplier, leading to the proliferation of halal-certified facilities across the nation. This trend is further reinforced by collaborative efforts between government and industry, which support the halal certification process to ensure alignment with international standards.

Each of the product categories that make up the Argentina halal food and beverage market contributes to the expansion of the market as a whole. Even though halal meat, poultry, and seafood now account for the majority of the industry, other areas are also growing, including halal milk and milk products, halal fruits and vegetables, halal grain goods, beverage products, and others. Because of Argentina's robust agricultural sector, reputation for producing high-quality meat, and growing Muslim population, halal meat, poultry, and seafood are in great demand. The upcoming years should see substantial expansion in other categories as consumer awareness of halal certification and dietary preferences changes.

The segmentation of the halal food and beverage market in Argentina is based on sales channels, which include hypermarkets/supermarkets, traditional retail, online options, and others. The market is currently dominated by hypermarkets/supermarkets and traditional retail because of their well-established distribution networks, well-known brands, and familiar customers. However, the online channel is starting to emerge as a key player, driven by increased internet usage and changing consumer preferences. As e-commerce continues to evolve, it is expected to gain a larger share of the halal food and beverage market.

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 labor 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.



Considered In the Report
• Geography: Argentina
• Historical year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecasted year: 2029

Aspects Covered in the Report
• Market Size By Value for the historic time period (2018-2023)
• Market Size By Value for the forecast time period (2024-2029)
• 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 (2018, 2023 & 2029F)

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.

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.