Halal Logistics Market: Current Analysis and Forecast (2024-2032)
Emphasis on Service Type (Transportation {Roadways, Railways, Airways, Seaways}, Warehousing, End-to-End Supply Chain Solutions); End-User Industry (Food & Beverage, Pharmaceuticals, Cosmetics, Others); and Region/Country
Halal Logistics Market Size & Forecast
The Halal Logistics Market was valued at approximately USD 345 Billion in 2023 and is expected to grow at a substantial CAGR of around 7.8% during the forecast period (2024-2032) owing to growing halal certification bodies.
Halal Logistics Market Analysis
Halal logistics involves the flow of halal goods from their origin under the Shariah-compliant transportation and warehousing systems and then to their end-users. It also makes certain that food products, medicine, cosmetics, and other products that people frequently use get to the consumers in a halal state and free from non-halal substances right from their point of production. These are employing halal-certified warehouses, transport systems, handling procedures, and total adherence to halal requirements of the flow of products from the production line up to the consumer.
To expand the market of Halal Logistics, some of the strategies adopted by the firms to increase the size of the halal logistics market include constructing halal storage centers, cold-chain networks, and vehicles bearing halal certifications to avoid cross-contamination. They are also improving product traceability and tracking through the use of blockchain and RFID solutions together with tracking halal compliance from beginning to end. It is convenient to engage tasty halal certification organizations and personnel training schemes being widespread to keep up the halal standard. Moreover, there is a tenancy for growth categories such as Southeast Asia, the Middle East, and Europe that help companies penetrate the online halal food market by collaborating with e-commerce partners.
On May 29, 2024, Nippon Express Co., Ltd. (President: Shinjiro Takezoe; hereinafter "Nippon Express"), a group company of NIPPON EXPRESS HOLDINGS, INC. (President: Satoshi Horikiri), newly acquired halal logistics certification from the Nippon Asia Halal Association (hereinafter "NAHA") for its Fukuoka Air Service Branch's Fukuoka Chuo Logistics Center, effective April 30. Kyushu, as a beef producing region, is a major exporter of Wagyu beef to the US, Hong Kong, and elsewhere. Beef exports from Kyushu have been rising year after year, and demand is growing in the United Arab Emirates and among the large Muslim populations of Southeast Asia.
Halal Logistics Market Trends
This section discusses the key market trends influencing the various segments of the halal logistics market as identified by our research experts.
Blockchain for Halal Compliance Transforms Halal Logistics Industry
The blockchain for Halal compliance is emerging as the new trend for the halal logistics market since the supply chain becomes trackable and transparent throughout the supply chain process. Big firms are ramping up efforts to apply blockchain in verifying halal certifications, and tracing food and other products to avoid mix-ups. This feature makes it possible to supervise the process and guarantee that all the products are halal through the delivery process from the production line. Current blockchain implementation is also making consumer confidence and minimizing fraud incidences in the expansive global halal market.
On May 28, 2024, Marvion Inc., a leading innovator in blockchain technology, announced significant progress in applying our blockchain technology expertise in the development and delivery of blockchain-based Halal projects within the UAE based on our Digital Ownership Token (DOT) technology framework, combining with artificial intelligent modules (AI) to enhance the security framework of the solution. This initiative marks a major milestone in Marvion's commitment to utilizing its proprietary technology to create new intangible assets, beginning with Halal certification.
Asia-Pacific leads the market.
Asia-Pacific region is the most suitable for the development of halal logistics because of the high popularity of this type of service among Muslim communities and the presence of key countries for halal production, as well as the active involvement of governments in the development of halal standards. This is mainly because the region's food cosmetics and pharma industries is growing massively and the logistics operating in the region should ensure that they strictly follow Islamic laws. To implement halal logistics, companies choose to have a specific halal supply chain for specific products, establish cold chain logistics, and get certification from corresponding regional halal standards. They stabilize services by using real-time monitoring, secure packaging that cannot be tampered with, and training employees on halal practices.
For instance, on December 13, 2024, The Laughing Cow Cheese announced the addition of the Halal certification mark from Indonesia's Halal Product Assurance Organizing Agency (BPJPH) to its packaging. This esteemed certification reassures consumers of the Bel Group's adherence to Halal standards, as The Laughing Cow products sold in Indonesia have always upheld a commitment to both nutrition and local values. With a century-long legacy of bringing nutritious, enjoyable products to families globally, The Laughing Cow maintains rigorous quality and safety standards, and this certification simply reinforces its dedication to providing trusted food choices for Indonesian consumers.
Halal Logistics Industry Overview
The Halal Logistics market is competitive, with several global and international players. The key players are adopting different growth strategies to enhance their market presence, such as partnerships, agreements, collaborations, new product launches, geographical expansions, and mergers and acquisitions. Some of the major players operating in the market are Nippon Express Co., Ltd.; YUSEN LOGISTICS CO., LTD.; DB SCHENKER; MABKARGO SDN BHD (Malaysia Aviation Group); Hatnetwork; SEJUNG SHIPPING CO., LTD.; Kontena Nasional Berhad; Quanterm Logistics; Al Furqan Shipping & Logistics LLC; FORWARD FREIGHT SERVICES SDN BHD.
Halal Logistics Market News
On March 5, 2021, Nippon Express Co., Ltd. (Mitsuru Saito, President) expanded its domestic halal logistics services in Japan with the start of a new halal-certified domestic air cargo transport service on March 8.Japan's Muslim population numbers about 200,000 and, with an increase in foreign visitors/residents from a diversity of cultural backgrounds anticipated, demand for halal products in Japan is expected to rise. High certification standards for quality assurance and hygiene control have also expanded interest in halal products among health- and safety-conscious consumers.
On January 20, 2022, The nation's foremost American pioneer in premium, Halal hand-cut meat and poultry products, Crescent Foods, announced a strategic partnership with Texas-based retailer, H-E-B. The program includes a wide variety of fresh, Halal hand-cut chicken, beef, and lamb products as well as breaded, frozen offerings. Now available in select Houston, Texas locations, the program is expected to quickly expand throughout Texas.
Halal Logistics Market Report Coverage
Report Attribute | Details |
Base year | 2023 |
Forecast period | 2024-2032 |
Growth momentum | Accelerate at a CAGR of 7.8% |
Market size 2023 | USD 345 Billion |
Regional analysis | North America, Europe, Asia-Pacific, Rest of the World |
Major contributing region | North America is expected to grow at the significant CAGR during the forecasted period. |
Key countries covered | U.S., Canada, Germany, France, UK, Spain, Italy, China, Japan, and India |
Companies profiled | Nippon Express Co., Ltd.; YUSEN LOGISTICS CO., LTD.; DB SCHENKER; MABKARGO SDN BHD (Malaysia Aviation Group); Hatnetwork; SEJUNG SHIPPING CO., LTD.; Kontena Nasional Berhad; Quanterm Logistics; Al Furqan Shipping & Logistics LLC; FORWARD FREIGHT SERVICES SDN BHD. |
Report Scope | Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Demand and Supply Side Analysis; Competitive Landscape; Company Profiling |
Segments Covered | By Service Type, By End-User Industry, By Region/Country |
Reasons to buy this report:
The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
The report presents a quick review of overall industry performance at one glance.
The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
The study comprehensively covers the market across different segments.
Deep dive regional level analysis of the industry.
Customization Options:
The global halal logistics market can be customized further as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.
Table of Contents
Research Methodology for the Halal Logistics Market Analysis (2022-2032)
Analyzing the historical market, estimating the current market, and forecasting the future market of the global Halal Logistics market were the three major steps undertaken to create and analyze the adoption of Halal Logistics in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global Halal Logistics market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
A detailed secondary study was conducted to obtain the historical market size of the Halal Logistics market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the Halal Logistics market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as service type, end-user industry, and regions. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the Halal Logistics market. Further, we conducted factor analysis using dependent and independent variables such as service type, end-user industry, and regions of the Halal Logistics market. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the Halal Logistics market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global Halal Logistics market, and market shares of the segments. All the required percentage shares split and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2032 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
The industry’s market size, in terms of revenue (USD) and the adoption rate of the Halal Logistics market across the major markets domestically
All percentage shares, splits, and breakdowns of market segments and sub-segments
Key players in the global Halal Logistics market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global Halal Logistics market. Data was split into several segments and sub-segments after studying various parameters and trends in the service type, end-user industry, and regions of the global Halal Logistics market.
The main objective of the Global Halal Logistics Market Study
The current & future market trends of the global Halal Logistics market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
Analyze the current and forecast market size of the Halal Logistics market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments.
Segments in the study include areas of service type, end-user industry, and regions.
Define and analyze the regulatory framework for the Halal Logistics
Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
Analyze the current and forecast market size of the Halal Logistics market for the major region.
Major countries of regions studied in the report include Asia Pacific, Europe, North America, and the Rest of the World
Company profiles of the Halal Logistics market and the growth strategies adopted by the market players to sustain the fast-growing market.
Deep dive regional level analysis of the industry
Frequently Asked Questions FAQs
Q1: What is the Halal Logistics market's current size and growth potential?
The Halal Logistics market was valued at USD 345 Billion in 2023 and is expected to grow at a CAGR of 7.8% during the forecast period (2024-2032).
Q2: What are the driving factors for the growth of the Halal Logistics market?
The rising global demand for halal products, stringent regulatory frameworks, growth in the halal food sector, expanding halal pharmaceuticals and cosmetics, rising e-commerce in Muslim-majority markets, and expanding Middle Eastern and Southeast Asian markets drive the halal logistics market.
Q3: Which segment has the largest share of the Halal Logistics market by service type?
Transportation has the largest share of the Halal Logistics market by service type.
Q4: What are the major trends in the Halal Logistics market?
The digitalization and automation in halal supply chains is the major trends in the Halal Logistics market.
Q5: Which region will dominate the Halal Logistics market?
Asia-Pacific dominated the market in 2023.
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