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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 $3253.32 billion by 2029 at 13.3%, segmented as by product, meat, poultry, and seafood, fruits and vegetables, dairy products, cereals and grains, oil, fats and waxes, confectionary
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Halal Food Market expected to hit USD 6,817.18 billion by 2034, showing growth at 9.4% CAGR
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, fueled by the increasing demand for healthy food options and the symbolic significance of Halal certification for consumers. This market trend is particularly notable among the younger demographic, who prioritize health and ethical consumption practices.
Major Market Trends & Insights
Based on the Distribution Channel, the offline segment led the market and was valued at USD 30.62 billion of the global revenue in 2022.
Based on the Application, the halal MP and S segment accounted for the largest market revenue share in 2022.
Market Size & Forecast
Market Opportunities: USD 91.13 Billion
Future Opportunities: USD 21.63 Billion
CAGR (2024-2029): 9%
Convenience is another key driver, as the availability of ready-to-eat and ready-to-cook Halal food products caters to the busy lifestyles of modern consumers. However, the Halal food market faces challenges from the growing presence of kosher foods, which share some consumer demographics and distribution channels. This competition intensifies the need for Halal food producers to differentiate themselves through innovative product offerings, pricing strategies, and effective marketing campaigns. Additionally, the complexities of Halal certification and production processes can pose operational challenges for companies, requiring a strong commitment to compliance and transparency. To capitalize on market opportunities and navigate these challenges effectively, companies must stay informed about consumer preferences, regulatory requirements, and competitive dynamics.
What will be the size of the US Halal Food Market during the forecast period?
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The market for halal food in the United States continues to evolve, driven by the increasing demand from consumers adhering to religious dietary needs. According to industry reports, the halal food market is projected to grow by over 10% annually, underpinned by the adoption of advanced compliance management systems and demand forecasting models. The zabiha method, a specific detail of halal food production, is gaining popularity, leading to the implementation of more stringent process control standards and food safety regulations. Halal food retail is a significant sector, with product lifecycle management and sustainable practices becoming essential for value chain stakeholders. The Halal MP and S segment is the second largest segment of the type and was valued at USD 22.89 billion in 2022.
Consumer behavior patterns are shifting towards ethical sourcing practices and supply chain transparency, necessitating supply chain mapping and ingredient origin tracking. Food processing technology and process improvement techniques are also crucial in ensuring that authenticity testing protocols and ingredient verification methods meet consumer trust-building requirements. Halal food distribution is undergoing a transformation, with risk management strategies and production facility audits becoming integral components of the value chain. The focus on quality assurance protocols and halal food inspection is essential in maintaining consumer trust and adhering to religious food practices. Ultimately, the ongoing unfolding of market activities and evolving patterns underscores the continuous dynamism of the halal food industry.
How is this US Halal Food 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
North America
US
By Distribution Channel Insights
The offline segment is estimated to witness significant growth during the forecast period. The segment was valued at USD 30.62 billion in 2022. It continued to the largest segment at a CAGR of 6.43%.
In the dynamic US market, supermarkets and hypermarkets play a pivotal role in the distribution of halal food products. The expansion of organized retail in the country has propelled the sales of halal food through these channels. Traditional markets, such as wet markets and slaughterhouses, serve as primary sources for sup
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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.
As of 2019, traditional retailers lead the global halal food market with over ** percent. By 2028 this will only increase slightly to **** percent. Within the overall halal consumer market, food and beverages are the leading sector with global spending value of over **** billion U.S. dollars worldwide. which will increase to **** billion by 2024.
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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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The global halal food market is expected to grow from USD 1.5 trillion in 2025 to USD 3.8 trillion by 2035, reflecting a CAGR of 9.7%. The market is witnessing strong global growth, driven by increasing demand for clean-label, ethically produced, and hygienically processed food products.
Metric | Value |
---|---|
Industry Size (2025E) | USD 1.5 trillion |
Industry Value (2035F) | USD 3.8 trillion |
CAGR (2025 to 2035) | 9.7% |
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% |
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 *** trillion U.S. dollars and is forecasted to increase to **** trillion dollars by 2027.
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Halal Food Market size is expected to be worth around USD 3739 billion by 2033, from USD 1305 billion in 2023, at CAGR of 11.1%
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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...
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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...
According to our latest research, the global Halal Food market size reached USD 2.35 trillion in 2024, demonstrating robust growth driven by increasing demand among Muslim and non-Muslim populations worldwide. The market is projected to expand at a CAGR of 7.3% from 2025 to 2033, reaching a forecasted value of USD 4.44 trillion by 2033. This remarkable growth is primarily fueled by rising consumer awareness regarding food safety and hygiene, the expanding Muslim population, and the increasing acceptance of halal-certified products across diverse regions and demographics.
The growth of the Halal Food market is underpinned by several pivotal factors, with the foremost being the expanding global Muslim population, which is expected to surpass 2.2 billion by 2030. This demographic shift is exerting a profound influence on food consumption patterns, as halal food is a religious and cultural necessity for Muslims. Furthermore, the increasing urbanization and rising disposable incomes in key markets such as Southeast Asia, the Middle East, and parts of Africa are leading to a surge in demand for premium and processed halal food products. Simultaneously, the penetration of halal food into non-Muslim markets, driven by perceptions of superior quality, ethical sourcing, and stringent hygiene standards, is broadening the consumer base and propelling market growth.
Another significant growth driver is the rapid globalization of the food industry, which has facilitated the cross-border movement of halal products. Multinational food manufacturers and retailers are actively seeking halal certification to tap into lucrative markets, particularly in countries with large Muslim populations. Technological advancements in food processing and supply chain management have also enabled producers to maintain halal integrity throughout the production and distribution processes. Additionally, government initiatives and supportive regulatory frameworks in countries such as Malaysia, Indonesia, and the United Arab Emirates are fostering a conducive environment for halal food industry growth, enhancing consumer trust and encouraging new market entrants.
The proliferation of e-commerce and digital platforms has further accelerated the expansion of the Halal Food market. Consumers now have greater access to a wide array of halal products, with online retail channels offering convenience, variety, and competitive pricing. This digital transformation is particularly evident among younger consumers who value transparency, product authenticity, and ease of purchase. Moreover, the COVID-19 pandemic has heightened consumer awareness regarding food safety and traceability, prompting both manufacturers and retailers to adopt advanced technologies such as blockchain for halal certification verification. These trends are expected to continue shaping the market landscape over the forecast period, driving sustained growth and innovation.
From a regional perspective, Asia Pacific remains the dominant market for halal food, accounting for the largest share in 2024, followed closely by the Middle East & Africa. The region's dominance is attributed to its substantial Muslim population, strong government support, and the presence of established halal food supply chains. North America and Europe are also witnessing significant growth, owing to rising multiculturalism, increasing Muslim migration, and the growing popularity of halal-certified products among health-conscious consumers. Latin America, while representing a smaller share, is emerging as a promising market due to rising awareness and the gradual expansion of halal certification infrastructure.
The Product Type segment in the Halal Food market encompasses a diverse range of offerings, including Meat & Poultry, Dairy Products, Grain Products, Fruits & Vegetables, Beverages, and Others. Among these, Meat & Poultry holds the largest market share,
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The report covers Halal Food Brands & Companies in NA and is Segmented by Product Type (Halal Food (Meat, Dairy, Bakery, Confectionery, and Other Halal Foods), Halal Beverages, and Halal Supplements), Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Convenience/Grocery Stores, and Other Distribution Channels), and Geography (United States, Canada, Mexico and Rest of North America).
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The Europe Halal Foods And Beverages Market report segments the industry into By Product Type (Halal Food, Halal Beverages, Halal Supplements), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Other Distribution Channels), and By Country (Germany, United Kingdom, France, Spain, Italy, Russia, Rest of Europe). Get five years of historical data alongside five-year market forecasts.
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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Global Halal Food Market was valued at USD 899.1 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 14.35% through 2029.
Pages | 181 |
Market Size | 2023: USD 899.1 Billion |
Forecast Market Size | 2029: USD 2010.4 Billion |
CAGR | 2024-2029: 14.35% |
Fastest Growing Segment | Online |
Largest Market | Asia Pacific |
Key Players | 1. Al Islami Foods 2. QL Foods Sdn Bhd 3. American Halal Company, Inc 4. DagangAsia Network Holding Sdn, Bhd. 5. Janan Meat Ltd 6. Kawan Food Manufacturing Sdn Bhd 7. Cargill, Incorporated 8. PrimaBaguz Sdn Bhd 9. Nestle S.A. 10. BRF S.A. |
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The Halal Foods & Beverages Market report segments the industry into By Type (Halal Food, Halal Beverages, Halal Supplements), By Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail Stores, Other Distribution Channels), and Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa). Get five years of historical data and forecasts.
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The Japan halal food market size reached USD 160.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 323.6 Billion by 2033, exhibiting a growth rate (CAGR) of 8.1% during 2025-2033. The increasing product adoption in the hospitality and food service industry, the rising acceptance and understanding of diverse cultures and religions in Japan, and the implementation of clearer food labeling regulations for halal products are some of the factors propelling the market.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024
|
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024
| USD 160.5 Billion |
Market Forecast in 2033
| USD 323.6 Billion |
Market Growth Rate 2025-2033 | 8.1% |
IMARC Group provides an analysis of the key trends in each segment of the Japan halal food market report, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on product and distribution channel.
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North American Halal Food Market size will be USD 1019387.40 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.1% from 2024 to 2031. North America has emerged as a prominent participant, and its sales revenue is estimated to reach USD 1904804.6 Million by 2031. This growth is attributed to the region's growing consumer interest in ethical food practices, a variety of cuisines, and health-conscious eating.
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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...