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Showing posts from April, 2024

Europe Halal Foods and Beverages Market Industry Trends & Forecast Report, 2030

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Europe Halal Foods and Beverages Market size at USD 41.31 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the   Europe Halal Foods and Beverages Market   size to expand at a CAGR of 8.14% reaching a value of USD 62.1 billion by 2030. The Halal Foods and Beverages Market in Europe is propelled by the increasing popularity of halal cuisine among both Muslim and non-Muslim consumers. Initially regarded primarily as a religious symbol ensuring food safety and hygiene, halal food has now evolved into a mainstream choice. According to data from the Office for National Statistics (ONS), the Muslim population in the United Kingdom reached 3.9 million in 2021, indicating a substantial market for halal products. The meat segment, in particular, is expected to witness significant growth, driven by increasing consumer preference for ...

UAE Beer and Cider Market Industry Trends & Forecast Report, 2030

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the UAE Beer and Cider Market size by value at USD 121.99 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the   UAE Beer and Cider Market   size to expand at a CAGR of 4.66% reaching a value of USD 142.98 million by 2030. Prominent drivers of the UAE Beer and Cider are the growing expatriate population contributing to increased cultural diversity and demand for diverse beverage options. Additionally, the relaxation of regulations and licensing laws has encouraged the growth of the alcohol industry. Tourist influx, particularly in cities like Dubai and Abu Dhabi, drives demand in the hospitality sector. Moreover, the rising trend of socializing in bars, clubs, and restaurants fuels consumption. Furthermore, innovative marketing strategies by leading breweries and cider producers, coupled with the introduction of new flavors an...