Halal Food Market - Global Industry Size Projected to Reach USD 5,911.95 Billion by 2033 | CAGR of 8.92%.

According to the latest report by IMARC Group, titled "𝐇𝐚𝐥𝐚𝐥 𝐅𝐨𝐨𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞, 𝐒𝐡𝐚𝐫𝐞, 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭, 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥, 𝐚𝐧𝐝 𝐑𝐞𝐠𝐢𝐨𝐧, 𝟐𝟎𝟐𝟓-𝟐𝟎𝟑𝟑", offers a comprehensive analysis of the global halal food market. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.

The global halal food market size was valued at 𝐔𝐒𝐃 𝟐,𝟕𝟏𝟒.𝟒𝟎 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 in 2024. Looking forward, IMARC Group estimates the market to reach 𝐔𝐒𝐃 𝟓,𝟗𝟏𝟏.𝟗𝟓 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 by 2033, exhibiting a 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟖.𝟗𝟐% from 2025-2033. Asia Pacific currently dominates the market, holding a market share of over 48.5% in 2024.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/halal-food-market/requestsample

𝐆𝐥𝐨𝐛𝐚𝐥 𝐇𝐚𝐥𝐚𝐥 𝐅𝐨𝐨𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬:

𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐌𝐮𝐬𝐥𝐢𝐦 𝐏𝐨𝐩𝐮𝐥𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐀𝐰𝐚𝐫𝐞𝐧𝐞𝐬𝐬:

The global halal food market is developing at a tremendous rate due to the rapid rise in the number of Muslims around the world. The population of Muslims worldwide surpass 1.9 billion, which signifies a rising demand for halal food products.

Additionally, non-Muslim consumers are becoming more aware of the health and ethical aspects surrounding halal practices, such as the banning of pork and cruelty free animal husbandry, which is promoting the growth of the market. The growth of this consumer base, along with the growing acceptance of halal criteria around the world, provides unprecedented potential for business ventures in this flourishing market.

𝐆𝐥𝐨𝐛𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐂𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐏𝐫𝐞𝐟𝐞𝐫𝐞𝐧𝐜𝐞𝐬:

The growth and distribution of halal food products is finally attainable because of globalization. The increase of globalization has made it easier to market and consume halal food anywhere in the world. In addition, changing consumer habits, including but not limited to, an increase in the consumption of convenience foods, ready-to-eat meals, and healthier options, are fostering growth in the halal food sector. Manufacturers are meeting these emerging consumer needs by providing a variety of halal-certified products including organic, gluten-free, and low-fat foods.

𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬 𝐚𝐧𝐝 𝐄-𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐞 𝐆𝐫𝐨𝐰𝐭𝐡:

The halal market is modifying with technology, which is increasing operations, visibility, and reach. Take blockchain technology, for instance, as it provides a safe method to trace the source and validity of halal food items while adhering to the strict halal requirements. Moreover, e-commerce is making it easier than ever for people to buy halal food from any part of the globe. Consumers benefit from the availability of multiple online stores by being able to instantly access numerous halal food alternatives, compare prices, read reviews, and make educated decisions about what they wish to purchase.

𝐁𝐲 𝐭𝐡𝐞 𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩, 𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐓𝐨𝐩 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐇𝐚𝐥𝐚𝐥 𝐅𝐨𝐨𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞 𝐆𝐢𝐯𝐞𝐧 𝐁𝐞𝐥𝐨𝐰:

The halal food market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

• Al Islami Foods Co.
• QL Foods Sdn Bhd
• Saffron Road
• DagangHalal Group
• Janan Meat Ltd
• Kawan Foods Berhad
• Cargill, Inc.
• Prima Agri-Products Sdn Bhd
• Nestle S.A.
• BRF S.A.
• Tahira Foods Ltd.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐎𝐮𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐭𝐬 𝐟𝐨𝐫 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 𝐑𝐞𝐪𝐮𝐞𝐬𝐭𝐬, 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧, 𝐚𝐧𝐝 𝐈𝐧𝐪𝐮𝐢𝐫𝐢𝐞𝐬 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞: https://www.imarcgroup.com/request?type=report&id=952&flag=C

𝐆𝐥𝐨𝐛𝐚𝐥 𝐇𝐚𝐥𝐚𝐥 𝐅𝐨𝐨𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

The international market for halal foods is equally dynamic in terms of a number of key trends which are evolving its future. One of these trends is the heightened focus on the transparency and traceability of all processes in the food supply chain. There is a growing market for halal food products and customers are more and more scrutinizing the providence, harvesting, and even the processing of halal food products to ensure that they are legitimate. For this reason, there is a higher requirement for adequate traceability systems, particularly blockchains, that track the product from the table back to the supplier.

Another important trend is the growing interest in the innovation and diversification of products. Manufacturers are constantly innovating and creating new halal food products to accommodate the altering tastes and needs of consumers. This involves the creation of plant-based meats, functional foods, and other value added products that respond to the increasing demand for healthy, convenient, and sustainable foods. In addition, a growing trend in the halal food sector is the emphasis on sustainability and the ethical procurement of raw materials. Consumers are more worried about the environmental and social consequences of their food choices and this is shown by the increased interest in halal foods that are ethically sourced and produced.

𝐇𝐚𝐥𝐚𝐥 𝐅𝐨𝐨𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭:

• Meat, Poultry and Seafood
• Fruits and Vegetables
• Dairy Products
• Cereals and Grains
• Oil, Fats and Waxes
• Confectionery
• Others

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥:

• Traditional Retailers
• Supermarkets and Hypermarkets
• Online
• Others

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

𝐊𝐞𝐲 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:

• Market Performance
• Market Outlook
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

𝐍𝐨𝐭𝐞: 𝐈𝐟 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐭𝐡𝐚𝐭 𝐢𝐬 𝐧𝐨𝐭 𝐜𝐮𝐫𝐫𝐞𝐧𝐭𝐥𝐲 𝐰𝐢𝐭𝐡𝐢𝐧 𝐭𝐡𝐞 𝐬𝐜𝐨𝐩𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭, 𝐰𝐞 𝐜𝐚𝐧 𝐩𝐫𝐨𝐯𝐢𝐝𝐞 𝐢𝐭 𝐭𝐨 𝐲𝐨𝐮 𝐚𝐬 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐒:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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This release was published on openPR.