Halal foods grow over 2% CAGR in Europe

HALAL FOODS are known for their safety and quality assurance, and this is driving the market. Research and Markets released its latest report on this market in Europe, including Russia, France, the UK, and rest of the region. The market there is expected to grow at a CAGR of 2.06% over the period 2013-2018, according to analysts. It generates revenues from the sales of four types of Halal food: livestock, processed food, non-alcoholic beverages, and dairy products. Processed food comprises of confectionery, bakery products, sauces, dressing and condiments, and canned and frozen food.

The study, "Halal Food Market in Europe 2014-2018"   was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. 

Halal food vendors are certified by Halal certification organisations, which operate under the Sharia law, a system of rules and principles to which a Muslim is required to adhere.