Press release
Halal Food Market Projected Touch Approximately USD 5284.96 Billion by 2030
The ๐๐๐ฅ๐๐ฅ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ size was valued at USD 2339.1 Billion in 2023 and the Total Halal Food Market revenue is expected to grow at a CAGR of 10.5% from 2024 to 2030, reaching nearly USD 5284.96 Billion by 2030.๐๐๐ฅ๐๐ฅ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The halal food market is a dynamic and thriving sector within the global food industry, gaining significant traction due to its adherence to Islamic dietary laws. Halal food products are free from pork, alcohol, and harmful additives, making them ethically appealing and safer for consumption. These standards have expanded their popularity beyond the Muslim population, as non-Muslim consumers increasingly perceive halal food as healthier and more hygienic. With a rising global Muslim population, projected to reach 2.9 billion by 2030, and a growing demand for ethical and high-quality food products, the halal food market is poised for substantial growth in the coming years.
๐๐ก๐๐ญ'๐ฌ ๐ง๐๐ฑ๐ญ ๐๐จ๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ? ๐ ๐ข๐ง๐ ๐จ๐ฎ๐ญ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐ญ๐จ๐๐๐ฒ :https://www.maximizemarketresearch.com/request-sample/28343/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฅ๐๐ฅ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ:
One of the primary drivers of the halal food market is the growing global Muslim population, accompanied by their increasing purchasing power and preference for halal-certified products. This demographic shift has led to an upsurge in demand for a diverse range of halal food items, including ready-to-eat meals, beverages, and snacks. Furthermore, non-Muslim consumers are also contributing to this growth as they associate halal food with better quality, hygiene, and ethical standards. This dual demand from both Muslim and non-Muslim populations is bolstering the market's expansion across various regions.
Government regulations mandating halal certification and labeling have also significantly influenced the market's growth. Countries like Indonesia, Malaysia, and the United Arab Emirates have implemented stringent halal certification standards, ensuring the credibility of halal products. These regulatory frameworks have not only increased consumer confidence but also encouraged manufacturers and retailers to invest in halal certification to cater to this growing market segment. This combination of demographic and regulatory drivers ensures the continued prominence of the halal food market in the global food industry.
๐๐๐ฅ๐๐ฅ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ซ๐๐ง๐๐ฌ:
A notable trend in the halal food market is the rising adoption of technology to ensure product authenticity and quality. Halal laboratories and blockchain technology are being utilized to enhance transparency in the supply chain, ensuring that halal standards are upheld throughout the production process. These technological advancements are helping manufacturers build trust with consumers while reducing the risk of contamination and mislabeling. Additionally, the market is witnessing the introduction of innovative halal products, such as organic and plant-based halal-certified alternatives, catering to the evolving preferences of health-conscious consumers.
๐ฐ๐ก๐๐ญ ๐ข๐ฌ ๐ญ๐ก๐ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐๐๐ฅ๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐๐ฌ๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง?
The halal food market is segmented into several product categories, including meat and poultry, dairy, grains, fruits, vegetables, and processed foods. Among these, the meat and poultry segment is expected to dominate, driven by the rising demand for high-quality, bacteria-free, and ethically sourced meat products. Consumers are increasingly prioritizing food safety and hygiene, which has made halal-certified meat a preferred choice in both Muslim and non-Muslim communities. The growing popularity of halal-certified meat products in countries like the United States, the United Kingdom, and Australia reflects the segment's expanding global footprint.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ :https://www.maximizemarketresearch.com/inquiry-before-buying/28343/
๐๐๐ฅ๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's halal food market has been rapidly expanding due to its growing export potential to Muslim-majority countries and rising domestic demand among tourists. ๐๐ข๐ง๐๐ฆ๐ข๐ฅ๐ค has been instrumental in obtaining halal certifications, increasing the export of halal dairy products. Recent government collaborations with Malaysia have paved the way for Vietnamese firms to meet international halal standards, enhancing growth potential.
๐๐๐ฅ๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's government initiatives, such as the "Kitchen of the World" project, have positioned the country as a leading halal food exporter. With state-of-the-art halal certification processes, companies like ๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ have significantly boosted halal food exports. The Thai market recorded an XX% growth rate in halal food sales in 2023, driven by robust infrastructure and supportive policies.
๐๐๐ฅ๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง
In Japan, the halal food market has been gaining momentum due to the upcoming Tokyo Olympics and increased Muslim tourism. Companies such as ๐๐ฃ๐ข๐ง๐จ๐ฆ๐จ๐ญ๐จ ๐๐จ. ๐๐ง๐. have expanded their halal-certified product lines, catering to growing demands. The nation's halal food sales are expected to grow steadily, emphasizing convenient packaging and innovative flavors to attract younger demographics.
๐๐๐ฅ๐๐ฅ ๐ ๐จ๐จ๐ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea has witnessed several mergers and acquisitions in the halal food sector. ๐๐ฎ๐ฅ๐ฆ๐ฎ๐จ๐ง๐ ๐๐จ. ๐๐ญ๐. recently partnered with Middle Eastern distributors to expand its reach. Additionally, government efforts to establish a halal food complex in Jeonju aim to consolidate manufacturing and distribution processes, boosting exports and domestic sales.
๐๐๐ฅ๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore remains a leading hub for halal innovation in Southeast Asia. Companies like ๐๐ซ๐ข๐ฆ๐ ๐๐ซ๐จ๐ฎ๐ฉ are advancing research and development to create plant-based halal-certified products. The Halal Food & Beverage Expo 2024 showcased cutting-edge trends, emphasizing health and sustainability. Singapore's halal food market is anticipated to achieve XX% CAGR, propelled by technological advancements and robust e-commerce growth.
๐๐๐ฅ๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐
The US halal food market has been witnessing robust growth, driven by increasing consumer awareness and a diverse multicultural population. Major retail chains like ๐๐๐ฅ๐ฆ๐๐ซ๐ญ and ๐๐ก๐จ๐ฅ๐ ๐ ๐จ๐จ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ are expanding their halal product lines, catering to a growing Muslim population. Startups like ๐๐๐๐๐ซ๐จ๐ง ๐๐จ๐๐ have gained prominence, leveraging innovative branding and digital marketing strategies.
๐๐๐ฅ๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe represents one of the largest markets for halal food, fueled by a rising Muslim immigrant population and stringent food quality regulations. Countries like France and Germany dominate the market, with companies such as ๐๐๐ฌ๐ญ๐ฅรฉ actively expanding their halal-certified product portfolios. Additionally, the UK's post-Brexit trade policies have encouraged new trade partnerships with Gulf Cooperation Council countries, fostering growth.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ ๐ซ๐๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐, ๐๐๐๐ฅ๐๐ฌ, ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ & ๐๐ก๐๐ซ๐ญ๐ฌ ๐๐ง๐๐ฅ๐ฎ๐๐๐@https://www.maximizemarketresearch.com/request-sample/28343/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฅ๐๐ฅ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ:
by Product
Meat, Poultry and Seafood
Fruits and Vegetables
Dairy Products
Cereals and Grains
Oil, Fats and Waxes
Confectionery
Others
by Distribution Channel
Supermarkets & Hypermarkets
Convenience Stores
Specialty Stores
E-Commerce
Others
by Product Base
Modified Starch
Native Starch
Sweeteners
Others
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.maximizemarketresearch.com/market-report/global-halal-food-market/28343/
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐๐ฅ๐๐ฅ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
1. Nestle S.A. Nestlรฉ S.A. (Switzerland)
2. Cargill, Incorporated (U.S.)
3. Al Islami Food (Dubai)
4. BRF S.A.
5. QL Foods Sdn Bhd
6. Yildiz Holding
7. Kellogg's Company
8. WH Groups Ltd.
9. Neema Food Company
10. Kawan Food Manufacturing Sdn Bhd (Malaysia)
11. Midamar Corporation
12. Saffron Road Industries (U. S.)
13. Sierra Meet Industries
14. Tahira Food
15. Chicken Cottage (UK)
16. Beijing Shunxin Agriculture
17. Jingyitai Halal Food
18. Humza Foods
19. Raj Foods
20. Azzayt SLU
21. Forward Farma BV
22. Udine
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก :
โฆ Global Flavoured Milk Market https://www.maximizemarketresearch.com/market-report/global-flavoured-milk-market/82822/
โฆ Total Station Market https://www.maximizemarketresearch.com/market-report/global-total-station-market/65523/
โฆ Shrimps Market https://www.maximizemarketresearch.com/market-report/global-shrimps-market/93121/
โฆ Global Aloe Vera Extract Market https://www.maximizemarketresearch.com/market-report/global-aloe-vera-extract-market/24071/
โฆ Global Silicon Carbide Fiber Market https://www.maximizemarketresearch.com/market-report/global-silicon-carbide-fiber-market/44732/
โฆ Wood Flooring Market https://www.maximizemarketresearch.com/market-report/global-wood-flooring-market/22978/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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