Indonesia Halal Market is expected to grow with a CAGR of 14.2% in the forecast period of 2022 to 2029. The years considered for study are as mentioned below.
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Indonesia halal market is a highly consolidated market, which includes a specific number of key players as well as local players. The market has witnessed increased strategic developments owing to a favorable market scenario.
The major players dealing in the Indonesia halal market are introducing a wide range of products. This helped companies to maximize sales with enhanced product portfolio.
Nestlé is headquartered in Vevey, Switzerland as public ownership and was founded in 1866. The company focuses on providing innovative foods, beverages, and nutritional health solutions to enhance the quality of life and contribute to a healthier future. The company has several business segments, which are powdered and liquid beverages, water, milk products and ice cream, nutrition, and health science, prepared dishes and cooking aids, confectionery, and pet care out of which milk products and ice cream, nutrition, and health science, and confectionery are market-focused business segments. The company has product categories which are products in dietary avoidance list: gluten, dietary avoidance list: nuts, dietary list: halal-certified products, dietary list: vegetarian, dietary list: vegan out of which dietary list: halal certified products is the market-focused category. The company has a wide global presence in Asia, Europe, the Americas, Oceania, and Africa. It has subsidiaries which are Garoto (Brazil), Nestlé India (India), Nestlé Purina PetCare Company (U.S.), Nestlé Japan (Japan), and Svitoch (Ukraine), among others.
Unilever Food Solutions (A Subsidiary of Unilever)
Unilever Food Solutions (A Subsidiary of Unilever) is headquartered in Michigan, U.S. as private ownership and was founded in 1880. The company focuses on providing quality food products globally. It offers a wide range of product categories such as Bouillons, Juices, Mashed Potato, Mayonnaise, Sauces, Seasonings, Soups, Tea, and Unilever Professional out of which Bouillons, Mayonnaise, Sauces, and Seasonings are market-focused categories. The company has presence in North America, Europe, Africa/Middle-East, Asia-Pacific, and South/Central America.
Cargill Incorporated is headquartered in Minneapolis, the U.S. as private ownership and was founded in 1865. The company is engaged in providing food, agriculture, financial, and industrial products and services to the world. It has product categories which include Agriculture, Animal Nutrition, Beauty, Bio-industrial, Carbon Solutions, Foodservice, Food & Beverages, Industrial, Pharmaceutical, Meat & Poultry, Risk Management, Supplements, and Transportation out of which Beauty is the market-focused category. The company has a wide presence across Africa, Europe, the Middle East, Asia-Pacific, Latin America, and North America. The company has subsidiaries which are Cargill Ltd (Canada), Cargill AgHorizons, Inc. (U.S.), Cargill Meat Solutions (U.S.), Provimi SA (Netherlands), and Teys Australia (Australia), among others.
Indonesia Halal Market - Industry Trends and Forecast to 2029