South America Halal Food & Beverages Market Trends

Statistics for the 2023 & 2024 South America Halal Food & Beverages market trends, created by Mordor Intelligence™ Industry Reports. South America Halal Food & Beverages trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

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Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Market Trends of South America Halal Food & Beverages Industry

This section covers the major market trends shaping the South America Halal Food & Beverages Market according to our research experts:

Surge in Demand for Halal Certified Products

The halal market has witnessed a universal shift in the demand and supply chains of halal food products. They are increasingly made available in Western-style grocery stores, including supermarkets and hypermarket chains, which have been getting a strong presence in Brazil, where its economy has been emerging forward. In South America, supermarkets and food producers have been starting to reach out to Muslim and non-Muslim consumers by offering a wider selection of halal food products. As the dynamics within the Muslim world change and globalization trends continue to shape consumers' tastes, habits, and spending patterns across the world, the halal-based foods, and beverage acceptance are poised to grow in South America during the forecast period.

South America Halal Food and Beverage Market1

Brazil Dominates the Market

Brazil is one of the largest export markets of halal-certified food products around the world and is the third greatest exporter of Halal products in the world, just behind China and the United States. Halal food has been extended to non-Muslim economies, where Halal food has become the new benchmark as a safe and hygienic form of food for consumers looking for alternative healthy and high-quality products. The factors responsible for growth are new market entrants, established players making inroads abroad through franchising, and multinationals making major investments in Muslim-majority markets by anticipating demand.

South America Halal Food and Beverage Market2

South America Halal Food and Beverages Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)