Global Halal Food Market: Valued at USD 1200.1 Billion in 2024 & to Achieve 12% CAGR in 2024-32
As per the research report by Report Cube, the Global Halal Food Market size was valued at nearly USD 1200.1 billion in 2024, and is estimated to grow at a CAGR of about 12% during the forecast period, 2025-32.
The industry's growth is foreseen to be driven by the rising preference of non-Muslim consumers for vegan food items & the introduction of halal products by manufacturers. The halal food & beverage industry is growing rapidly. Consumer concerns about food safety, quality, and animal abuse, as well as the increasing number of Muslims worldwide, have increased demand for halal food and beverages.
As stipulated by the Saudi Arabia Food and Drug Authority (SFDA), all imported meat and animal-based products, milk and dairy products, fats and oils, frozen and refrigerated goods, long-service life products, and imported sweets must now have halal certification. Additionally, producers have increased the variety of their goods to include several halal food items with added value, like pasta, vegetables, milk, yogurt, and cheese, as a result of the increase in demand. Major industry players producing halal-certified meals would also increase product awareness among consumers.
Islam has a positive effect on the demand graph of the Halal Food Market and is the religion with the fastest rate of growth in the world. Due to the growing awareness among Muslims that they should only eat halal food, the industry is expanding overall. It is anticipated that increased food concerns and rising levels of disposable money would fuel the rise of the halal food market in the upcoming years.
As customers' interest in vegan food and beverages grows and halal producers introduce products for these health-conscious consumers, the halal food market is expected to rise rapidly in the upcoming years. Because of changing consumer perceptions of animal suffering and killing, leading businesses in the sector are launching vegan products. Furthermore, the leading firms in the market are employing a range of marketing strategies, such as product innovation, customer acquisition, and product line expansion, to produce halal meals and enhance their market position. The international market has grown as a result of the increase in quick-service restaurant and café openings, further states the research study, Halal Food Market Analysis, 2025.
Analyzing the Halal Food Market Segmentation
Express Delivery to Dominate the Halal Food Market
By product type, the Halal Food Market is bifurcated into: Meat, Poultry, and Seafood, Dairy Products, Cereals & Confectionery, and Others.
As the Meat, Poultry, and Seafood category accounts for the biggest market share, it has dominated the Global Halal Food Market. Also, because they are so popular and accessible worldwide, products derived from meat, poultry, and fish have the largest market value. Further, in developing countries like China, India, and Indonesia, the halal meat and poultry industry is expected to surge significantly owing to increasing incomes & consumer tendencies toward healthy eating habits.
Asia-Pacific to Dominate the Global Halal Food Market
The Asia-Pacific region has historically led the Global Halal Food Market and is predicted to capture the potential market share in the years to come. The region is crucial for the expansion of the halal food industry since it is home to the largest Muslim populations in Bangladesh, Indonesia, India, and Pakistan. Also, owing to the increasing discretionary expenditure & growing consumer concerns about animal welfare, the Asia-Pacific Halal Market is seeing promising growth. As non-Muslim consumers grow increasingly aware of food safety and quality concerns, their interest in halal products is growing, thus enhancing the market outlook.
Halal Food Market Companies Analysis
With the strategic analysis & market study the leading companies, including Cargill Inc, BRF Global, Mondelez International, Del Monte Llc, Unilever Plc, Nestlé (Malaysia) Berhad, Tyson Foods Inc, Al Islami Foods, Saffron Road, QL Resources Berhad, Garuda Foods, Haoyue Group, Kawan Food Manufacturing Sdn Bhd, American Foods Group LLC, Tahira Foods Ltd, etc., among others, are predicted to contribute in the growing market outlook.