Press release
Halal Food Market Forecast: USD 2631.48 Billion in 2024 to USD 6751.83 Billion by 2032
Halal Food Market size was valued at USD 2631.48 Billion in 2024 and the total Halal Food revenue is expected to grow at a CAGR of 12.5% from 2025 to 2032, reaching nearly USD 6751.83 Billion.Halal Food Market Overview:
The Halal Food Market has experienced significant expansion in recent years, driven by rising awareness of halal certification, increasing Muslim population, and growing demand for clean-label and ethical food products. Halal food, adhering to Islamic dietary laws, is gaining popularity not only among Muslim consumers but also among non-Muslim populations due to its perceived hygiene, safety, and quality standards. With growing globalization and increasing availability of halal products across mainstream retail channels, the market is witnessing a steady rise in both volume and value.
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Halal Food Market Outlook and Future Trends :
The future of the Halal Food Market looks promising, with innovation and diversification playing key roles. Companies are expanding their halal-certified product portfolios beyond meat to include beverages, dairy, snacks, and processed foods. The rising influence of social media and e-commerce platforms is accelerating consumer access to a broader range of halal products. Additionally, increased interest in organic and plant-based halal alternatives is opening new growth avenues. Strategic partnerships, investments in halal logistics, and standardized certification processes are expected to further boost global market expansion over the next decade.
Halal Food Market Dynamics:
Several dynamic factors are shaping the halal food industry. One of the primary drivers is the growing Muslim demographic, especially in emerging markets like Indonesia, India, Malaysia, and parts of the Middle East and Africa. Additionally, rising disposable incomes and urbanization have shifted consumer preferences towards premium and certified halal products. However, the market faces challenges such as lack of uniform global halal standards, regulatory complexities, and limited awareness in non-Muslim-majority countries. Despite these hurdles, the increasing demand for transparency, ethical sourcing, and traceability is expected to foster market resilience and innovation.
Halal Food Market Key Recent Developments:
Recent developments in the halal food space include significant mergers and acquisitions aimed at expanding halal-certified product lines. Several global food and beverage companies have entered or expanded in halal markets through certification and partnerships with local suppliers. For example, multinational firms are investing in halal meat processing plants and halal-certified logistics to streamline operations. Moreover, governments in various regions have launched initiatives to promote halal tourism and food exports. Technological advancements in traceability, such as blockchain in halal supply chains, are also emerging to ensure authenticity and build consumer trust.
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Halal Food Market Segmentation:
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
Some of the current players in the Halal Food Market are:
1. Nestle S.A. Nestlé 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
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