Press release
2025-2034 Halal Food Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Halal Food Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The expansion of the halal food sector has been rapid in past years, its market size anticipated to leap from $1727.74 billion in 2024 to $1995.08 billion in 2025, showing a compound annual growth rate (CAGR) of 15.5%. The significant growth during the historical period is due to a range of factors including the rising number of Muslims globally, the impact of globalization and cultural variety, increased understanding of halal certification, trends in tourism and specifically halal tourism, along with innovation in halal food and an array of different products.
Halal Food Market Size Forecast: What's the Projected Valuation by 2029?
The halal food market is projected to experience significant growth in the ensuing years, with an estimated value of $3301.9 billion by 2029, reflecting a compound annual growth rate (CAGR) of 13.4%. The growth anticipated during this period can be ascribed to the increased emphasis on pristine labels and organic ingredients, advancements in plant-based and meat substitutes, halal beauty and personal care commodities, elevated disposable income in Muslim markets, and the health and wellness movement in halal products. Notable trends predicted during this time include the strengthening of collaborations between halal certification agencies, the use of blockchain technology for halal validation, digital platforms for halal accreditation, worldwide dispersion of halal items, and halal-ready meals.
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What Are the Drivers Transforming the Halal Food Market?
The escalating number of Muslims worldwide is a substantial factor in the expansion of the halal food market. This group of individuals follows the principles of Islam. Their heightened demand for halal-certified edibles stems from the guarantee of food safety and cleanliness. As predicted by the Pew Research Center, a nonpartisan American think tank in the US, there will be an approximate increase of 2.19 billion Muslims globally by 2030. Thus, the burgeoning Muslim population is anticipated to propel the growth of the halal food market.
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What Long-Term Trends Will Define the Future of the Halal Food Market?
The rise of technology in the halal food industry is a significant trend that is gaining traction in the market. The surge in halal food consumption has led to halal laboratories being deeply involved in maintaining food safety and quality by verifying the absence of porcine substances or alcohol, among other developments. The use of blockchain and Internet of Things (IoT) technology enhances the robustness of the industry. For example, in August 2022, Fluree PBC, a U.S.-based open-source semantic graph database company, and Sinisana Technologies, a Malaysian Web3 Blockchain Traceability company, announced a partnership. This collaboration enables the Malaysian supply chain firm to provide its customers with an unmatched level of halal food product sourcing, provenance, and safety. Sinisana deploys Fluree's technology in its blockchain product to assure transparency and integrity to its supply chain and logistics customers throughout the lifespan of halal food items, from raw materials to supermarket shelves.
Which Segments in the Halal Food Market Offer the Most Profit Potential?
The halal food market covered in this report is segmented -
1) By Product: Meat, Poultry, And Seafood, Fruits And Vegetables, Dairy Products, Cereals And Grains, Oil, Fats And Waxes, Confectionary
2) By Distribution Channel: Hyper markets, Super markets, Online Stores, Specialty Stores
3) By Application: Restaurant, Hotel, Home, Other Applications
Subsegments:
1) By Meat, Poultry, And Seafood: Beef, Chicken, Lamb, Fish, Shrimp
2) By Fruits And Vegetables: Fresh Produce, Dried Fruits, Frozen Vegetables, Canned Products, Juices
3) By Dairy Products: Milk, Cheese, Yogurt, Butter, Cream
4) By Cereals And Grains: Rice, Wheat, Barley, Oats, Corn
5) By Oil, Fats, And Waxes: Olive Oil, Coconut Oil, Palm Oil, Butter, Margarine
6) By Confectionery: Chocolates, Candies, Gums, Cakes, Pastries
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Which Firms Dominate the Halal Food Market by Market Share and Revenue in 2025?
Major companies operating in the halal food market include Cargill Incorporated, Nestle Société Anonyme, Unilever Group, Brazilian Food Corporation (BRF), SUKHIS GOURMET INDIAN FOOD, Texas Halal Corporation, Beijing Shunxin Agriculture Co. Ltd., American Foods Group LLC, Kawan Food Berhad, Harris Ranch Beef Company, Noor Pharmaceuticals LLC, Crescent Foods, Alpina Foods, Al Islami Foods Corporation, Saffron Road Food Company, QL Foods Sdn. Bhd., Midamar Corporation, Tahira Foods Limited, Pampanga's Best Inc., AL-FALAH FROZEN FOODS, Prima Quality Food Industries Sdn Bhd, Nema Food Inc., Salwa Foods, Tallgrass Beef Company, The American Halal Co. Incorporated, Dagang Halal Group, Jingyitai Halal Food Co. Ltd., Ayamas Food Corporation
Which Regions Offer the Highest Growth Potential in the Halal Food Market?
Asia-Pacific was the largest region in the halal food market in 2024. The regions covered in the halal food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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