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According to Cognitive Market Research, the global Halal Food Market size will be USD 2548468.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 9.90% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 1019387.4 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.1% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 764540.5 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 586147.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.9% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 127423.43 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.3% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 50969.37 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.6% from 2024 to 2031.
Meat, Poultry, and Seafood held the highest Halal Food Market revenue share in 2024.
Market Dynamics of Halal Food Market
Key Drivers for Halal Food Market
Growing Multiculturalism, Globalization, and Consumer Awareness to Increase the Demand Globally
The growing demand for high-quality, ethically sourced products is being driven by customers who are becoming more health-conscious and demanding transparent food production procedures. Halal-certified food products lend support to this approach because they are produced in accordance with stringent quality standards and requirements. Furthermore, the emergence of globalization and multiculturalism is increasing the availability and accessibility of halal food items. Additionally, the market is expanding due to consumers' growing reliance on e-commerce platforms as these platforms make it easier for customers to buy halal-certified food products online.
Growing Concern About Health and Safety to Propel Market Growth
The growing health consciousness of the general public fuels the need for nutritious, sustainably produced, and ethically sourced food products. In order to meet this criteria, halal food is manufactured through stringent quality control and hygiene protocols. This is also leading people who are searching for sanitary and nourishing food options to adopt halal cuisine. These eating patterns indicate a growing number of health-conscious individuals, focused on sustainability, and mindful consumerism, and who want to make informed choices about their nutrition and overall well-being. These factors are propelling the market growth.
Restraint Factor for the Halal Food Market
Lack of Standardization to Limit the Sales
The absence of standards and guidelines in the certification process is one of the main issues facing the global halal food sector. The various halal certification processes used by different nations often need to be clarified and hinder companies' efforts to enter new markets. Certain nations frequently mandate specific slaughter techniques, while other countries have more regulations for handling and processing halal goods. Furthermore, there is a lack of clarity related to the ingredients used to make halal food, which further impedes market expansion. For example, it is not always clear which ingredients are halal and which aren't. This causes disputes between producers and customers and results in the inclusion of non-halal components in halal food items.
Impact of Covid-19 on the Halal Food Market
The COVID-19 pandemic's disruption of the food supply chain had an adverse impact on the global halal food market. Leading producers experienced labor shortages and disruptions in the halal food import and export market, which had a substantial impact on the food's suitability for consumption and sales. Concerns about safety and cleanliness during the epidemic also contributed to a decline in the market's demand for beef products. Moreover, COVID-19 has also had an impact on restaurant and food outlet closures. The pandemic caused eateries and food outlets to close, which significantly reduced the demand for halal food items in the food service industry. Furthermore, some of the losses were reduced by the retail industry's growin...
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Global Halal Food market size is expected to reach $3301.9 billion by 2029 at 13.4%, segmented as by product, meat, poultry, and seafood, fruits and vegetables, dairy products, cereals and grains, oil, fats and waxes, confectionary
This statistic shows the forecasted market revenue of halal food worldwide from 2018 to 2027. In 2018, the market revenue of global halal food amounted to approximately 715 trillion U.S. dollars and is forecasted to increase to 2.04 trillion dollars by 2027.
As of 2019, halal meat and its alternatives lead the global halal food market with over 52 percent. By 2028 this will only decrease slightly to 49 percent. Within the overall halal consumer market, food and beverages are the leading sector with global spending value of over 1.17 billion U.S. dollars worldwide. which will increase to 1.38 billion by 2024.
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According to Cognitive Market Research, the global Halal market will be USD 2151.5 million in 2024 and expand at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 860.60 million in 2024 and will expand at CAGR or a compound annual growth rate of 4% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 645.45 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 494.85 million in 2024 and will expand at CAGR or compound annual growth rate of 7.8% from 2024 to 2031.
Latin America's market will have more than 4% of the global revenue with a market size of USD 107.58 million in 2024 and will expand at CAGR or a compound annual growth rate of 5.2% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 43.03 million in 2024 and will expand at CAGR or compound annual growth rate of 5.5% from 2024 to 2031.
The Food and Beverage segment held the highest Halal market revenue share in 2024.
Market Dynamics of Halal Market
Key Drivers of Halal Market
Growing Muslim Community to Increase the Demand Globally
One major factor propelling the halal food business is the exponential rise in the Muslim population worldwide. The need for halal-certified goods is growing along with the Muslim population. It is anticipated that the number of Muslims worldwide will increase by about 50% by 2050 to 2.76 billion people. This change in the population closely correlates with an increase in the demand for halal cuisine in several different geographical areas, including both Muslim-majority nations and those with sizeable Muslim minorities. The global Muslim population is growing, which is driving market development. The market is expected to grow due to Muslims' desire for halal-certified food due to initiatives promoting food safety and cleanliness.
Increasing Customer Consciousness to Propel Market Growth
Even among non-Muslim communities, consumer knowledge of halal dietary needs has increased. People are increasingly pickier about what they eat, expecting high-quality, ethically sourced goods and demanding openness in food production. Due to their association with high ethical and quality standards, halal-certified food items are becoming increasingly preferred due to this awareness. Demand for halal products in non-Muslim nations is rising as a result of non-Muslim customers' growing interest in halal cuisine due to its perceived health and safety benefits. The governments of several nations, with a majority of Muslims, are moving to encourage the expansion of the halal food sector. To become a worldwide leader in the halal industry, the Malaysian government, for example, established the Halal Industry Master Plan 2030.
Restraint Factors Of Halal Market
Insufficient Standardisation to Limit the Sales
A significant obstacle confronting the worldwide halal food industry is the need for uniformity in the certification procedure. Different nations' various halal certification processes can be confusing and hinder firms' efforts to enter new markets. Specific slaughter techniques may be mandated by certain nations, while handling and processing of halal goods may be subject to extra regulations in others. Furthermore, there needs to be more clarity on the ingredients that make up halal food, further impedes market expansion. For example, it sometimes needs to be clarified which ingredients are halal and which aren't. This and the usage of non-halal components in halal cuisine may need to be clarified for customers and producers.
Impact of COVID-19 on Halal Market
The interruption of the food supply chain brought on by the spread of COVID-19 has a detrimental effect on the global halal food business. Leading producers experienced workforce shortages and interruptions in the halal food import and export market, substantially impacting the food's suitability for consumption and sales. Concerns about safety and cleanliness during the epidemic also contributed to a decline in the market's demand for beef products. Moreover, COVID-19 has also influenced restaurant and food outlet closures. For example, the pandemic caused eateries and food outlets to c...
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Global Halal Food Market is anticipated to experience remarkable expansion, with a projected Compound Annual Growth Rate (CAGR) of 15.97% from 2025 to 2033. According to the market analysis, the market size is forecasted to reach USD 7177.49 Billion by the end of 2033, up from USD 1891.74 Billion in 2024.
The Global Halal Food market size to cross USD 7177.49 Billion in 2033. [https://edison.valu
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Halal food encompasses all products which adhere to Islamic dietary regulations and exclude forbidden ingredients such as pork and alcohol with their additional criterion of proper meat slaughter methods. Projected data shows that the halal food market will expand to USD 3,774,796.3 million by 2035 from its initial value of USD 1,551,286.1 million in 2025 with a 9.3% CAGR.
Key Market Metrics
Metric | Value |
---|---|
Industry Size (2025E) | USD 1,551,286.1 million |
Industry Value (2035F) | USD 3,774,796.3 million |
CAGR (2025 to 2035) | 9.3% |
Country-Wise Outlook
Country | CAGR (2025 to 2035) |
---|---|
USA | 8.9% |
Country | CAGR (2025 to 2035) |
---|---|
UK | 9.0% |
Region | CAGR (2025 to 2035) |
---|---|
European Union | 9.3% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 8.7% |
Country | CAGR (2025 to 2035) |
---|---|
South Korea | 9.7% |
Segmentation Outlook
Product Type | Market Share (2025) |
---|---|
Meat, Poultry, and Seafood | 48.6% |
Application Type | Market Share (2025) |
---|---|
Food & Beverages | 71.2% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
Nestlé S.A. | 20-24% |
BRF S.A. | 15-19% |
Cargill, Incorporated | 12-16% |
Al Islami Foods | 9-13% |
Midamar Corporation | 7-11% |
QL Resources Berhad | 6-10% |
Other Companies (combined) | 18-26% |
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According to Cognitive Market Research, the global Halal Industry Market size will be USD 7125.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 2850.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2137.68 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1638.89 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 356.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 142.51 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
The Online Sales category is the fastest growing segment of the Halal Industry industry
Market Dynamics of Halal Industry Market
Key Drivers for Halal Industry Market
Continuous innovation in Halal food offerings attracts a wider range of consumers.
Continuous innovation in halal food offerings is a significant driver of the halal industry market. As consumer preferences evolve, manufacturers are increasingly introducing diverse halal products, including ready-to-eat meals, organic options, and gourmet ingredients. This innovation not only enhances the appeal of halal food to traditional Muslim consumers but also attracts a broader audience, including non-Muslim consumers seeking high-quality, ethically produced food. Furthermore, innovative marketing strategies, such as collaborations with renowned chefs and the incorporation of trendy flavors, boost the visibility and desirability of halal offerings. The rise of online platforms and food delivery services also facilitates access to a variety of halal products, catering to the growing demand for convenience and quality. Ultimately, these innovations foster inclusivity and help establish halal food as a mainstream choice in the global food market.
Increased consumer awareness of Halal certification and standards promotes market growth.
Increased consumer awareness of Halal certification and standards significantly promotes the growth of the Halal industry. As consumers become more informed about the benefits of Halal products—such as quality assurance, ethical sourcing, and compliance with dietary laws—they seek products that meet these standards. This heightened awareness extends beyond Muslim consumers; non-Muslims are increasingly recognizing the value of Halal certification in terms of hygiene and safety. Social media and educational campaigns have further fueled this awareness, encouraging transparency in food production and labeling. As a result, businesses are motivated to obtain Halal certification to cater to this expanding consumer base, leading to a broader range of Halal-certified products in the market and fostering a competitive landscape that drives innovation and quality improvements.
Restraint Factor for the Halal Industry Market
Lack of a reliable halal supply chain can lead to product contamination risks.
The Halal industry faces some restraints, primarily related to increased consumer awareness of Halal certification and standards. As consumers become more knowledgeable, they demand transparency and authenticity in Halal products, leading to stringent scrutiny of certifications. This heightened awareness can create challenges for companies that lack proper accreditation or fail to meet evolving consumer expectations regarding Halal compliance. Additionally, the inconsistency in certification standards across different regions can lead to confusion and mistrust among consumers, hindering market growth. Companies must invest in robust quality assurance processes and clear communication of their Halal certifications to gain consumer trust. While increased awareness promotes market growth, it also requires businesses to adapt swiftly to maintain their competitive edge and ensure compliance with diverse Halal standards.
Impact of Covid-19 on the Halal Industry...
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Halal Food Market surpassed USD 3493.6 Billion in 2032 and is expected to showcase around 6.5% CAGR during the projected period
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Global Halal Food Market size was USD 2301.45 million in 2022 and is grow to USD 4115.87 million by 2030 with a CAGR of roughly 7.70%.
US Halal Food Market Size 2025-2029
The US halal food market size is forecast to increase by USD 21.63 billion at a CAGR of 9% between 2024 and 2029.
The Halal food market in the US is experiencing significant growth, driven by the increasing demand for healthy and convenient food options. This trend is particularly prominent among the large and growing Muslim population in the country, as well as among consumers seeking healthier alternatives. However, the market faces competition from the established and sizeable kosher food industry. The convenience factor is a key driver for the halal food market, with ready-to-eat and ready-to-cook products gaining popularity. The market is also witnessing innovation in product offerings, such as plant-based and organic Halal food options, catering to diverse consumer preferences.
Companies seeking to capitalize on this market opportunity should focus on product innovation, meeting the convenience demand, and effective marketing to reach the target audience. Navigating competition from the established kosher food industry and ensuring authenticity and transparency in Halal certification processes are key challenges that require strategic planning and execution.
What will be the size of the US Halal Food Market during the forecast period?
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The Halal food market in the US encompasses a diverse range of meat and non-meat products adhering to Islamic dietary laws. This market exhibits growth, driven by the expanding Muslim population and increasing demand from non-Muslim consumers intrigued by the health and ethical aspects of Halal food. Halal meat, a significant segment, is sourced from animals slaughtered according to specific religious procedures. Hypermarkets and supermarkets dominate the distribution landscape, while online channels are gaining traction. Halal food manufacturers prioritize food safety, investing in advanced technologies like AI and automation from companies such as Fluree PBC and Sinisana Technologies. The market's expansion is not limited to meat products; Halal food products now include beverages, baked goods, and processed items.
Despite the economic slowdown, the Halal food industry remains a vibrant and dynamic sector, catering to the diverse needs and preferences of consumers. The global Muslim population is projected to reach 2.7 billion by 2030, further fueling market growth. Coffee operators and other foodservice providers are also integrating Halal offerings into their menus to cater to this growing consumer base. Raw materials, such as porcine material, are excluded from Halal production, ensuring compliance with religious guidelines.
How is this market segmented?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Distribution Channel
Offline
Online
Application
Halal MP and S
Halal cereals and grains
Halal FV and N
Halal beverages
Others
End-user
Retail
Foodservice
Product Type
Meat, Poultry, and Seafood
Dairy Products
Cereals and Grains
Fruits, Vegetables, and Nuts
Beverages
Others
Certification
Halal-Certified
Non-Certified
Geography
US
By Distribution Channel Insights
The offline segment is estimated to witness significant growth during the forecast period. Halal food products have experienced sustained growth in the US market, driven by the increasing consumer base and the multicultural nature of the population. Supermarkets and hypermarkets serve as significant distribution channels for these products, with many retailers sourcing halal meat from traditional markets and local butchers. Strict adherence to halal dietary requirements, including the avoidance of porcine material, is ensured during the slaughtering and processing stages. Certification services play a crucial role in the halal food market, providing assurance to consumers about the authenticity and compliance of products with Islamic laws. Multinational food conglomerates, such as Fluree PBC and Sinisana Technologies, have entered the market, offering a wide range of halal food products, including meat, dairy, cereals and grains, fruits and vegetables, and processed foods.
The economic slowdown has not deterred the growth of this market, as consumer awareness of food safety and the health benefits of halal products continues to rise. Halal laboratories and online distribution channels have also emerged to cater to the increasing demand for these products. The future outlook for the halal food market is promising, with the global Muslim population projected to reach 2.2 billion by 2030.
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The Offline segment was valued at USD 28.58 billion in 2019 and s
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The Halal Food Market valued at USD 2,545.9 Billion in 2023, projected to reach USD 5,243 Billion by 2030, growing at a 9.6% CAGR during the forecast period 2025-30.
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According to Cognitive Market Research, the global Halal Product market size will be USD 785484.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.50% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 314193.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 235645.35 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 180661.44 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 39274.23 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 15709.69 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
The Food and beverages is the fastest growing segment of the Halal Product industry
Market Dynamics of Halal Product Market
Key Drivers for Halal Product Market
Growing Muslim Population to Boost Market Growth
The international Muslim population is expanding unexpectedly, pushed via excessive beginning quotes and a steady fee of religious conversions. As this population grows, so does the demand for halal product, which adheres to Islamic nutritional and lifestyle lifestyle requirements. Halal products now embody a huge variety of industries, including food, cosmetics, prescription drugs, and finance. This surge in demand is creating vast possibilities for businesses to cater to this expanding market. With Muslim groups turning into extra outstanding throughout diverse areas, the halal industry is expected to keep its upward trajectory, presenting a broader array of services and products internationally.
Rising Disposable Income to Drive Market Growth
As the worldwide financial system expands, Muslim consumers are experiencing rising disposable earnings, which is fueling improved spending on halal products across numerous sectors. With better shopping power, Muslim purchasers are seeking halal-certified food, cosmetics, prescribed drugs, and even services that align with their religious values. This shift is using a call for top-class halal offerings, as clients prioritize nice and ethical standards. The upward thrust in disposable earnings is also encouraging organizations to innovate and diversify their halal product levels, tapping into this developing marketplace. Consequently, the halal industry is poised for a significant boom, pushed by means of monetary prosperity and nonsecular adherence.
Restraint Factor for the Halal Product Market
Lack of Standardization, will Limit Market Growth
The halal product marketplace faces a big assignment because of the absence need of more standardization in halal certification methods. Different countries and certification bodies have varying standards for what qualifies as halal, which could be more consistent and clear for each client and group. This fragmentation makes it tough for consumers to trust the authenticity of halal labels and for businesses to navigate more than one certification requirement while increasing globally. As a result, there is a growing call for a unified halal fashionable to ensure clarity, consideration, and consistency, which could benefit clients and agencies alike inside the expanding halal market.
Impact of Covid-19 on the Halal Product Market
The COVID-19 pandemic considerably impacted the halal product market, disrupting international supply chains and causing logistical challenges, particularly for halal-licensed items. Travel restrictions and lockdowns affected the manufacturing and distribution of halal food, cosmetics, and pharmaceuticals, main to delays and shortages. However, the pandemic also expanded the shift towards online retail, with purchasers increasingly purchasing halal products via e-commerce systems. Additionally, heightened health concerns boosted the call for halal product because of their perceived cleanliness and ethical production requirements. As the marketplace tailored to the new regular, virtual transformation and increas...
Halal Food Market Size 2025-2029
The halal food market size is forecast to increase by USD 355 billion, at a CAGR of 3.6% between 2024 and 2029.
The market exhibits significant growth, driven by increasing consumer expenditure on halal food and the expansion of the organized retail sector. However, challenges persist, including the threat of counterfeit halal food and food scams. This trend is particularly relevant to various sectors such as dairy food, pork-free alternatives, cosmetic products, waxes, seafood, fruits and vegetables, and confectionery. Consumers' growing awareness and demand for authentic halal products necessitate stringent regulations and certification processes. This market analysis report provides a comprehensive evaluation of these factors and their impact on the halal food industry.
What will be the Size of the Halal Food Market During the Forecast Period?
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The market, a significant segment of the global food industry, caters to consumers adhering to Islamic dietary laws. These laws prohibit the consumption of pork and alcohol, as well as foods contaminated with non-permissible substances. The market's growth is driven by the increasing global Muslim population and the rising demand for certified Halal products. Halal certification, ensuring compliance with Islamic law, is a critical factor influencing consumer purchasing decisions. Manufacturers produce a diverse range of products, including fruits and vegetables, dairy products, cereals and grains, confectionery, and meat.
Traditional retailers, supermarkets and hypermarkets, and online retailers play crucial roles in the food supply chain, catering to the evolving preferences of Muslim buyers. The industry encompasses various sectors, including meat sales and grocery stores. Innovation continues to shape the market, with the introduction of plant-based alternatives, such as sunflower protein burgers, gaining popularity among consumers seeking ethical and sustainable food options. The market's future direction reflects the ongoing trend towards cleanliness, transparency, and convenience, as well as the growing demand for Halal-certified products in various food categories.
How is this Halal Food Industry segmented and which is the largest segment?
The report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product
Halal MPS
Halal BCC
Halal FVN
Halal beverages
Others
Distribution Channel
Offline
Online
Type
Organic
Inorganic
Geography
APAC
China
India
Japan
South Korea
Middle East and Africa
South Africa
Egypt
Nigeria
Europe
South America
North America
By Product Insights
The halal MPS segment is estimated to witness significant growth during the forecast period.
The market encompasses a range of food products that adhere to Islamic dietary laws, primarily consisting of beef, lamb, goat, chicken, Turkey, and fish. This market can be segmented into fresh halal meat, poultry, and seafood (MPS); minimally processed halal MPS; and heavily processed halal MPS. Minimally processed halal MPS products maintain their natural characteristics, free from artificial additives or color. Heavily processed halal MPS include halal sausages, salami, corned beef, canned meat, poultry, and seafood, and frozen meat, poultry, and seafood. Halal certification ensures compliance with Islamic law, prohibiting the consumption of pork, alcohol, and non-permissible foods. Food manufacturers prioritize cleanliness, impurities, quality, and taste level to cater to Muslim buyers.
Halal certification is essential for meat, poultry, and seafood, as well as dairy products, cereals and grains, confectionery, and traditional retailers. Supermarkets and hypermarkets, online retailers, and food supply chain players offer a wide range of halal-certified products. Halal cuisine is a significant part of religious identity, emphasizing meals safety, hygiene, reliability, and nutritional benefits. Products include own-brand halal-ready meals, chicken arrabbiata, chicken hotpot, chicken jalfrezi, and chicken tikka masala, as well as meat and plant-based alternatives, such as sunflower protein, fava beans, and peas.
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The halal MPS segment was valued at USD 414.60 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 51% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
For more insights on the market size o
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Stay updated with Market Research Intellect's Halal Food And Beverage Market Report, valued at USD 2.02 trillion in 2024, projected to reach USD 3.71 trillion by 2033 with a CAGR of 7.3% (2026-2033).
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The global halal food market size was more than USD 2.64 trillion in 2024 and is anticipated to grow at a CAGR of more than 10.5%, reaching USD 9.67 trillion revenue by 2037. Meat segment is likely to dominate 65% share by 2037, fueled by increasing consumer demand for bacteria-free halal meat.
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Get key insights from Market Research Intellect's Halal Food And Drink Market Report, valued at USD 2.27 trillion in 2024, and forecast to grow to USD 3.79 trillion by 2033, with a CAGR of 7.5% (2026-2033).
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Global Halal Meat Market is projected to reach USD 1,779.2 Billion by 2034, with an 8.6% CAGR from 2025 to 2034.
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Stay updated with Market Research Intellect's Halal Food Market Report, valued at USD 2.02 trillion in 2024, projected to reach USD 3.27 trillion by 2033 with a CAGR of 6.5% (2026-2033).
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According to Cognitive Market Research, the global Halal Food Market size will be USD 2548468.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 9.90% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 1019387.4 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.1% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 764540.5 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 586147.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.9% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 127423.43 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.3% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 50969.37 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.6% from 2024 to 2031.
Meat, Poultry, and Seafood held the highest Halal Food Market revenue share in 2024.
Market Dynamics of Halal Food Market
Key Drivers for Halal Food Market
Growing Multiculturalism, Globalization, and Consumer Awareness to Increase the Demand Globally
The growing demand for high-quality, ethically sourced products is being driven by customers who are becoming more health-conscious and demanding transparent food production procedures. Halal-certified food products lend support to this approach because they are produced in accordance with stringent quality standards and requirements. Furthermore, the emergence of globalization and multiculturalism is increasing the availability and accessibility of halal food items. Additionally, the market is expanding due to consumers' growing reliance on e-commerce platforms as these platforms make it easier for customers to buy halal-certified food products online.
Growing Concern About Health and Safety to Propel Market Growth
The growing health consciousness of the general public fuels the need for nutritious, sustainably produced, and ethically sourced food products. In order to meet this criteria, halal food is manufactured through stringent quality control and hygiene protocols. This is also leading people who are searching for sanitary and nourishing food options to adopt halal cuisine. These eating patterns indicate a growing number of health-conscious individuals, focused on sustainability, and mindful consumerism, and who want to make informed choices about their nutrition and overall well-being. These factors are propelling the market growth.
Restraint Factor for the Halal Food Market
Lack of Standardization to Limit the Sales
The absence of standards and guidelines in the certification process is one of the main issues facing the global halal food sector. The various halal certification processes used by different nations often need to be clarified and hinder companies' efforts to enter new markets. Certain nations frequently mandate specific slaughter techniques, while other countries have more regulations for handling and processing halal goods. Furthermore, there is a lack of clarity related to the ingredients used to make halal food, which further impedes market expansion. For example, it is not always clear which ingredients are halal and which aren't. This causes disputes between producers and customers and results in the inclusion of non-halal components in halal food items.
Impact of Covid-19 on the Halal Food Market
The COVID-19 pandemic's disruption of the food supply chain had an adverse impact on the global halal food market. Leading producers experienced labor shortages and disruptions in the halal food import and export market, which had a substantial impact on the food's suitability for consumption and sales. Concerns about safety and cleanliness during the epidemic also contributed to a decline in the market's demand for beef products. Moreover, COVID-19 has also had an impact on restaurant and food outlet closures. The pandemic caused eateries and food outlets to close, which significantly reduced the demand for halal food items in the food service industry. Furthermore, some of the losses were reduced by the retail industry's growin...