by Dutch Brick is a traditional Malaysian snack food made of compressed rice flour. It is popular among Muslim consumers due to its halal certification. Dutch Bricks are gluten-free, high in fiber and low in calories. They come in various flavors and provide a filling yet healthy snack option.
The global Dutch Brick Market is estimated to be valued at US$ 4.19 Bn in 2024 and is expected to exhibit a CAGR of 9.7% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The growing demand for halal-certified food products among Muslim consumers across the world has been a major driver for the Dutch Brick market. According to industry estimates, the global halal food market is expected to reach over US$ 2.6 trillion by 2026. Many Dutch Brick manufacturers have obtained halal certification in order to capitalize on this fast-growing segment. They offer a wide variety of snacking options that are permissible for Muslims. This is expected to further propel the demand for Dutch Bricks during the forecast period.
SWOT Analysis
Strength: Dutch Brick market has strong production capabilities and supply chain management. It caters to both domestic and international demand.
Weakness: High dependence on imports of raw materials increases production costs. Strict government regulations regarding food safety standards need to be complied with.
Opportunity: Growing health-conscious population and rising disposable incomes in developing countries provide new opportunities. Expanding tourism industry in the Middle East and Asia Pacific fuels market growth.
Threats: Stiff competition from alternative product offerings and local players. Economic slowdowns can impact demand adversely. Stringent environmental norms increase compliance costs.
Key Takeaways
The global Dutch Brick market demand is expected to witness high growth. The global Dutch Brick Market is estimated to be valued at US$ 4.19 Bn in 2024 and is expected to exhibit a CAGR of 9.7% over the forecast period 2024-2031.
Regional analysis focuses on Asia Pacific which is the fastest growing and dominating region in the Dutch Brick market. Countries like Malaysia, Indonesia and India have emerged as major production and consumption centers. The growing Muslim population, rising incomes and western influence on food habits have boosted demand.
Key players
operating in the Dutch Brick industry are QL Foods Sdn Bhd, Al Islami Foods Co., DagangHalal Group, Saffron Road, Kawan Foods Berhad, Janan Meat Ltd, Prima Agri-Products Sdn Bhd, Cargill, Inc., BRF S.A., Nestle S.A., and Tahira Foods Ltd. These companies have established robust distribution networks and engagement in new product launches catering to regional tastes. Strategic partnerships with local players help gain deeper market access.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
