Halal Foods Market Size at 2,765.95 Billion in 2024, Projected to Reach $5,683.53 Billion by 2032 with a CAGR of 9.4%

𝐎𝐰𝐢𝐧𝐠 𝐭𝐨 𝐭𝐡𝐞 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐝 𝐝𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐡𝐚𝐥𝐚𝐥 𝐟𝐨𝐨𝐝𝐬, 𝐟𝐨𝐨𝐝 𝐬𝐚𝐟𝐞𝐭𝐲 𝐡𝐚𝐬 𝐛𝐞𝐜𝐨𝐦𝐞 𝐚 𝐝𝐲𝐧𝐚𝐦𝐢𝐜 𝐚𝐫𝐞𝐚 𝐨𝐟 𝐟𝐨𝐜𝐮𝐬 𝐟𝐨𝐫 𝐡𝐚𝐥𝐚𝐥 𝐥𝐚𝐛𝐬. 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐚𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬 𝐢𝐬 𝐨𝐧𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐚𝐣𝐨𝐫 𝐭𝐫𝐞𝐧𝐝𝐬 𝐭𝐡𝐚𝐭'𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐭𝐡𝐞 𝐠𝐫𝐨𝐰𝐭𝐡 𝐨𝐟 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐡𝐚𝐥𝐚𝐥 𝐦𝐚𝐫𝐤𝐞𝐭. 𝐁𝐞𝐬𝐢𝐝𝐞𝐬, 𝐭𝐡𝐞 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐈𝐬𝐥𝐚𝐦𝐢𝐜 𝐩𝐨𝐩𝐮𝐥𝐚𝐭𝐢𝐨𝐧 𝐰𝐨𝐫𝐥𝐝𝐰𝐢𝐝𝐞 𝐚𝐧𝐝 𝐫𝐢𝐬𝐢𝐧𝐠 𝐧𝐮𝐦𝐛𝐞𝐫 𝐨𝐟 𝐈𝐬𝐥𝐚𝐦𝐢𝐜 𝐩𝐨𝐩𝐮𝐥𝐚𝐭𝐢𝐨𝐧 𝐠𝐥𝐨𝐛𝐚𝐥𝐥𝐲 𝐢𝐬 𝐡𝐚𝐯𝐢𝐧𝐠 𝐚 𝐟𝐚𝐯𝐨𝐫𝐚𝐛𝐥𝐞 𝐢𝐦𝐩𝐚𝐜𝐭 𝐨𝐧 𝐭𝐡𝐞 𝐞𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲. 𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐡𝐚𝐥𝐚𝐥 𝐟𝐨𝐨𝐝𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐔𝐒𝐃 𝟐𝟓𝟐𝟗.𝟗𝟏 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟑. 𝐏𝐫𝐞𝐝𝐢𝐜𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐚𝐭 𝐚 𝐜𝐨𝐦𝐩𝐨𝐮𝐧𝐝 𝐚𝐧𝐧𝐮𝐚𝐥 𝐠𝐫𝐨𝐰𝐭𝐡 𝐫𝐚𝐭𝐞 (𝐂𝐀𝐆𝐑) 𝐨𝐟 𝟗.𝟒% 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝, 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 𝐔𝐒𝐃 𝟓𝟔𝟖𝟑.𝟓𝟑 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟐.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧:

The word halal, which translates to permissible, is a term used to describe anything that's acceptable, permissible, and lawful in terms of Islamic law. What goods and services the followers of Islam can use is based on their halal status. Along with food, halal encompasses other products like cosmetics, medicine, and other items. As it is often difficult for consumers to determine if the products and services meet halal requirements, national or private standards are typically used to verify halalness. For the food to be halal, it shouldn't contain anything that's haram in Shariah law. Also, it shouldn't be prepared, processed, or contaminated with anything haram. Halal food encompasses several products, including raw meat, processed & packed food, and bakery & confectionery, amongst others.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/halal-food-market/request-for-sample

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

The halal foods market is characterized by fragmentation, with the presence of several local and regional players. To stay competitive, businesses have been using a number of expansion strategies like partnerships and the introduction of new products. Among the key market players include:

• Al Islami Foods
• Al-Falah Halal Foods Ltd.
• American Halal Company, Inc.
• BRF S.A.
• Cargill, Incorporated
• DagangHalal Group
• Kawan Food Berhad
• Midamar Corporation
• Nema Food Company
• Nestlé S.A
• One World Foods Inc.
• Prima Agri-Products
• QL Foods
• Rosen's Diversified Inc.
• Saffron Road
• Unilever

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

• The Asia Pacific region dominated the global halal food industry in 2023. The region's robust growth can be attributed to its substantial Muslim population, which comprises a significant consumer base that follows halal dietary practices.

• The North America region is projected to witness a significant CAGR in the halal foods market. This is primarily due to the rising awareness and demand for Halal products among a demographically diverse consumer base that spans beyond the Islamic population.

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬: https://www.polarismarketresearch.com/buy/260/2

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

𝗕𝘆 𝗣𝗿𝗼𝗱𝘂𝗰𝘁 𝗧𝘆𝗽𝗲
• Raw Meat
• Processed & Packed Food
• Bakery & Confectionery
• Others

𝗕𝘆 𝗗𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻 𝗖𝗵𝗮𝗻𝗻𝗲𝗹
• Supermarkets & Hypermarkets
• Convenience Stores
• Online Stores
• Specialty Stores
• Others

𝐁𝐫𝐨𝐰𝐬𝐞 𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: https://www.polarismarketresearch.com/industry-analysis/halal-food-market

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

𝐅𝐮𝐧𝐜𝐭𝐢𝐨𝐧𝐚𝐥 𝐏𝐫𝐨𝐭𝐞𝐢𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.polarismarketresearch.com/industry-analysis/functional-proteins-market
𝗙𝗿𝘂𝗶𝘁 & 𝗩𝗲𝗴𝗲𝘁𝗮𝗯𝗹𝗲 𝗜𝗻𝗴𝗿𝗲𝗱𝗶𝗲𝗻𝘁𝘀 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.polarismarketresearch.com/industry-analysis/fruit-vegetable-ingredients-market
𝗔𝟮 𝗠𝗶𝗹𝗸 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.polarismarketresearch.com/industry-analysis/a2-milk-market
𝗙𝗶𝘀𝗵 𝗦𝗮𝘂𝗰𝗲 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.polarismarketresearch.com/industry-analysis/fish-sauce-market
𝗛𝘆𝗱𝗿𝗼𝗰𝗼𝗹𝗹𝗼𝗶𝗱𝘀 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.polarismarketresearch.com/industry-analysis/hydrocolloids-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

This release was published on openPR.