Press release
Halal Food Market Valuation to Reach USD 5,911.95 Billion by 2033 - Expanding at a 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 industry, which comprises insights on the global halal food market. The report also includes competitor and regional analysis, and contemporary advancements in the market.Global Halal Food Market Size, Share and Growth Rate:
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.
The food industry's halal segment is one of the fastest growing globally, riding on the increase in demand both from Muslims, and non-Muslim populations. The increasing population of Muslims embracing halal not only for religious, but also for health reasons, has emerged as one of the fundamental growth drivers. As per a number of market reports, halal food market includes meat and poultry, dairy, bakery, beverages, and packaged foods. Besides traditional consumption in Middle East and Southeast Asia, there is considerable growth in non-Muslim dominated regions like Northern America and Europe.
The awareness of halal certification is increasing globally, and is associated with high standards of hygiene, as well ethical sourcing of food. In addition, more and more multinational food companies are investing in adding halal certification to their existing production lines and expanding their offerings. Strategic collaboration between state authorities and food producers have also boosted development in this sector. More confidence from consumers has been achieved through improved transparency via modern technologies like blockchain tracing of halal supply chains. The halal food market is likely to continue its upward trend as urbanization, disposable income, and investment in emerging economies increases, along with fueling concentration for these markets from manufacturers and retailers.
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The level of competition in the halal food service industry is intensifying with incumbents and new entrants in the market fighting for customer attraction and retention. Major players are focusing on innovation such as organic halal products, plant-based halal substitutes, and religious ready meals. Also, there is the issuance of private and government halal compliance certificates. This makes and increases credibility while also reducing chances of deception or misrepresentation. There is also an increase in the inter-border exchange of halal food products due to the establishment of halal economic regions and international treaties.
Malaysia, Indonesia, and the United Arab Emirates are subsidizing infrastructure, research, and training to establish credibility as well as enhance their position as the central hub for halal food international marketing and export. All the retail channels are expanding to meet the growing supplies beside the trading through e-commerce which plays a major part in distributing halal products to consumers globally. So do advertisement that highlight transparency and health, these turn customer's gaze to other brands which increases loyalty to the brand.Given the recently observed halal food market fundamentals, it appears that the industry is likely to experience continuous growth and development while also providing valuable avenues for investment throughout the vertical supply chain.
Halal Food Market Trends:
Funding and investment into the halal industry is expected to accelerate over the coming years due to changing demographics, lifestyle patterns, and the integration of effective technologies. One of the conspicuous changes includes the increasing demand for organically and sustainably plant-based halal products. These products promote healthy living whilst respecting religious principles and care for the environment. Consumers are becoming more discerning about the ingredients and origins of products, thus moving the market toward 'clean label'. Other consumers also use digital traceability tools such as QR codes and blockchain technology which improve transparency concerning halal certification and supply chain processes.
Another notable change is the creation of global halal e-commerce platforms which provides SME's with niche halal products greater exposure to wider audience. Changes within the local and international firm collaborations are also changing the market around through innovations in eco-friendly product packaging and stragetic mergers. Besides, praving campaigns and the educating the public on halal policies is laos helps in changing the narrative to strengthen entering new untraditional country markets. Therefore, instead describing the halal food industry as a focused niche segment, it would be used to characterize it as a new emerging global industry with boundless opportunity.
Competitive Landscape:
By the IMARC Group, some of the Top Halal Food Manufacturing Companies Operating in the Industry are Given Below:
• QL Foods
• Al Islami Foods
• Dagang Halal
• Saffron Road Food
• Kawan Foods
• Janan Meat
• Prima Agri-Products
• Cargill
• BRF
• Nestle
• Tahira Food
• Al-Falah Halal Foods
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Key Market Segmentation:
Breakup by Product:
• Meat, Poultry & Seafood
• Fruits & Vegetables
• Dairy Products
• Cereals & Grains
• Oil, Fats & Waxes
• Confectionery
• Others
Meat, poultry, and seafood lead the market with 50.3% of market share in 2024.
Breakup by Distribution Channel:
• Traditional Retailers
• Supermarkets & Hypermarkets
• Online
• Others
Traditional retailers hold 51.7% of the market share.
Breakup by Region:
• 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)
Asia Pacific holds 48.5% of the market share.
Key highlights of the Report:
• Historical Market Performance
• Future Market Projections
• Impact of COVID-19 on Market Dynamics
• Industry Competitive Analysis (Porter's Five Forces)
• Market Dynamics and Growth Drivers
• SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats)
• Market Ecosystem and Value Creation Framework
• Competitive Positioning and Benchmarking Strategies
Major Advantages of the Report:
• This report provides market leaders and new entrants with accurate revenue estimates for the overall global market and its key subsegments.
• Stakeholders can leverage this report to gain a deeper understanding of the competitive landscape, enabling them to strategically position their businesses and develop effective go-to-market strategies.
• The report provides stakeholders with valuable insights into the market dynamics, offering a comprehensive analysis of key drivers, restraints, challenges, and opportunities.
Why Choose IMARC Group:
• Extensive Industry Expertise
• Robust Research Methodology
• Insightful Data-Driven Analysis
• Precise Forecasting Capabilities
• Established Track Record of Success
• Global Reach with an Extensive Network
• Tailored Solutions to Meet Client Needs
• Commitment to Strong Client Relationships and Focus
• Timely Project Delivery
• Cost-Effective Service Options
Purchase the Report with a Single User License: https://www.imarcgroup.com/checkout?id=952&method=1670
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.
IMARC Group
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Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
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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.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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