Report

Global Halal Food Market Report and Forecast

160 pages Oct 2024
Global Halal Food Market Repor

Global Halal Food Market Report and Forecast 2032

By Product Type (Meat Products, (Poultry, (Chicken, Turkey, Others (Goose, Duck, etc.)), Beef, Mutton, Seafood), Dairy Products, (Milk, Others (Cheese, Butter, etc.)), (Fruits & Ve...getables, Cereals & Grains, Plant-based & Vegan Products, Others (Confectionary, Oils, Fats, etc.)), By Distribution Channel (Offline, (Supermarkets & Hypermarkets, Convenience Stores, Specialty Stores), Online), and Others Read more

  • Food & Beverages
  • Pages : 160
  • Oct 2024
  • Report Format :  

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Halal Food Market Insights & Analysis

The Global Halal Food Market is anticipated to register a CAGR of around 12% during the forecast period, i.e., 2025-32. Also, the market size was valued at nearly USD 1200.1 billion in 2024. Over the past years, halal food products have gained popularity among both Muslim & Non-Muslim customers due to the rising acceptance as a mark of quality, hygiene, and sanitation. The growing inclination of non-Muslim consumers towards the consumption of vegan food items & the advent of halal products from manufacturers is assumed to propel the industry expansion. The halal food & beverage sector is expanding significantly. The demand for halal food & drink has risen owing to the world’s accumulating Muslim population as well as consumer apprehensions about animal cruelty, quality, and food safety.

Additionally, numerous Islamic & non-Islamic nations are implementing stringent regulatory frameworks incorporating internationally recognized norms to draw in new players for the market. Recently, all imported sweets, long-service life products, frozen & refrigerated goods, milk & dairy items, fats & oil, and imported meat & animal-based goods were required to have halal certification, as mandated by the Saudi Arabia Food and Drug Authority (SFDA). Also, due to a surge in demand, manufacturers have expanded their range of products to include several halal food products with added value, such as pasta, vegetables, milk, yogurt, and cheese. Along with this, manufacturing halal-certified meals by major industry participants would raise consumer awareness of the product.

Global Halal Food Market FY32

Description of Image
  • Study Period: 2020- 2032

  • Base Year: 2024

  • CAGR(2025-2032): 12%

  • Market Value 2024: USD 1200.1 Billion

  • Fastest Growing Market: Asia-Pacific

  • Major Players: 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, and Others 

The Halal Food Market is destined to surge during the coming years due to the growing interest of consumers in vegan food & drink as well as halal manufacturers’ product introductions for these health-conscious consumers. Leading companies across the industry are introducing vegan goods as a result of shifting customer attitudes towards animal suffering & slaughter. Further, it is predicted that the industry would be driven by Muslims’ growing knowledge of their religious obligations to consume non-harm cuisine. Also, among the companies in the area that sell halal-certified goods are Ecolite, Keventer, Pampangas Best, Prima Agri-Products, Saffron Road, Prasuma, and Nestle.

Moreover, to create halal meals & improve their market position, the top market companies are using a variety of marketing techniques, including product innovation, product line growth, and acquisition. The rise in the opening of quick-service restaurants, and cafes has led to a growth in the Halal Food Market globally. Also, international businesses are responding to local consumer spiritual tendencies by introducing halal cuisine options. Thus, in the projected years, it is foreseen that the ever-expanding distribution network & the analysis of consumer purchasing trends would continue to elevate the Halal Food Market share in the forecast years.


Global Halal Food Market Report and Forecast 2032

Halal Food Market Dynamics

  • Mounting Islamic Population & Changing Consumer’s Food Preferences to Elevate the Industry's Growth

The fastest-growing religion worldwide is Islam, which has a beneficial impact on the demand graph of the Halal Food Market. As per a recent study by the Government of Saudi Arabia, Muslims make up nearly 28.26% of the world’s population. The market is rising generally as Muslims are becoming more & more conscious of consuming only halal cuisine. In the following years, it is predicted that growing disposable income levels & rising food concerns would drive Halal Food Market growth.

Moreover, the growth of the Halal Food Industry in recent years has been significantly influenced by consumer awareness. Non-Muslim consumers are increasingly choosing to use these items for safety & ethical grounds. Dietary practices, cooking methods, and purchasing patterns have evolved in conjunction with global lifestyle changes. Also, the rising demand for processed convenience meals & increased knowledge of the connection between nutrition & health has given rise to new subsectors of the food market that are enhancing the Halal Food Market size.

  • Food Standardization & Restricted Availability to Impede the Market

The certification process for food standardization is one of the major challenges for the Global Halal Food Market. For businesses aiming to enter the market, the varying halal certification criteria across varied countries can be perplexing & difficult. Furthermore, the irregularity impedes the businesses' growth in the global market for halal food & makes operations more difficult to manage. The industry is also hindered by the limited availability, as these products are only sold commercially in a few areas, specifically in non-Islamic nations.

Additionally, advancements in technology in halal food items are one of the prominent trends that are gaining traction in the global market. Halal labs are actively involved in guaranteeing food safety, and demand for halal food is growing. These labs analyze food products to maintain quality requirements & find any traces of alcohol, drugs, or porcine material that would impede the Halal Food Market.

  • Adding More Halal-Certified Products to the Portfolio to Enhance the Market Share

Halal food was mostly sold by butchers until recently. Due to the retail distribution channels’ explosive growth, which made it possible for supermarkets to carry these products, the market has transformed during the last few years. Producers & retailers have started to provide a large selection of halal food products in both developed & developing regions. These products are not limited to meat & poultry, they also include confectionery, food items in cans & freezers, dairy & bread products, organic food, non-dairy & non-alcoholic beverages, and herbal products.

The demand for packaged meals that follow Islamic dietary regulations & prepared convenience foods has increased due to the changing lifestyle & rising spending power of the Muslim community. The category of halal food products that is expanding also includes alternatives to foods that often include non-halal (haram) ingredients like alcohol or pork gelatin. Furthermore, chocolates & cookies are among the food products that are currently undergoing modification in order to be sold as halal.

Halal Food Market Segment-wise Analysis

By Product Type:

  • Meat Products
    1. Poultry
    2. Chicken
    3. Turkey
    4. Others (Goose, Duck, etc.)
  • Beef
  • Mutton
  • Seafood
  • Dairy Products
    1. Milk
    2. Others (Cheese, Butter, etc.)
  • Fruits & Vegetables
  • Cereals & Grains
  • Plant-based & Vegan Products
  • Others (Confectionary, Oils, Fats, etc.)

The Global Halal Food Market has been dominated by the Meat, Poultry, and Seafood segment, as the segment captures the potential market share. Products made from meat, poultry, and fish have the highest market value because of their widespread appeal & global reach. The increasing earnings & consumer trends toward healthier eating habits are predicted to substantially contribute to the growth of the halal meat & poultry business in emerging nations like China, India, and Indonesia. In the forecast years, the market is predicted to surge owing to the rising demand for packaged processed meat products, which are seen as high-quality & hygienic products. Also, the major producers are making investments in improved meat preservation technology in response to the increased consumer demand for processed meat products that are both healthier & more fresh.

By Distribution Channel:

  • Offline
  • Traditional Retailers
  • Supermarkets & Hypermarkets
  • Online

Offline distribution channels accounted for a substantial share of the Halal Food Market. In most of the Islamic & non-Islamic nations, traditional stores have a larger market value than butcher shops, which primarily sell halal meat, poultry, and seafood items. However, over the historic years, the growth of the segment has been highly infused by the increasing pace of distribution channel expansion.

Moreover, supermarket channels are changing quickly in order to offer customers a large selection of products & invest in innovative technologies. These retail channels or stores are making investments to ensure that their items meet all legal criteria, to enhance both the quality & safety of their offerings. The worldwide shift towards increased digitalization would facilitate the development of online retail platforms.

Regional Projection of the Halal Food Industry

The Global Halal Food Market is geographically diversified, covering:

  • North America
  • Europe
  • South America
  • The Middle East & Africa
  • Asia-Pacific

Over the historical years, Asia-Pacific has dominated the Global Halal Food Market & is predicted to capture the largest market share in the future years as well. With the largest population of Muslims in Pakistan, India, Indonesia, and Bangladesh, the Asia-Pacific region holds significance for the expansion of the halal food sector. The Asia-Pacific Halal Market is observing profitable prospects due to increased levels of discretionary spending & growing consumer concerns about animal welfare Non-Muslim consumers are becoming more & more interested in halal products as they become more conscious of food safety & quality issues. Additionally, growing income levels support the market for innovative halal products, creating new chances for food & beverage producers and presumed to propel market expansion in the Asia-Pacific region.

Furthermore, with the presence of Muslims across the landscapes of the Middle East & Africa, the region is foreseen to flourish in the coming years. The tourism industry is experiencing remarkable growth in nations like Saudi Arabia, Dubai, and Egypt, which presents a great opportunity for these products in the market. Further, during the anticipated period, the growth of distribution channels throughout the UAE & Saudi Arabia would aid in elevating the Middle East & Africa Halal Market in the projected years.

What Does Our Halal Food Market Research Study Entail?

  • Global Halal Food Market Research Report highlights the forecast growth rate or CAGR by anticipating the market size & share.
  • The market analysis puts light upon the primary industry trends, driving aspects, potential opportunities, growth challenges, and other major factors.
  • Global Halal Food Market Research Report entails details about the most critical shifts in market share in the prominent regions.
  • Considering the statistics & the developments by the primary market competitors, our report also strives to demonstrate the most sought-after strategies of the key players.


Table of Contents

  1. Introduction
    1. Objective of the study
    2. Product Definition
    3. Market Segmentation
    4. Study Variables
  2. Research Methodology
    1. Secondary Data Points
      1. Companies Interviewed
    2. Primary Data Points
      1. Break Down of Primary Interviews
  3. Executive Summary
  4. Market Dynamics
    1. Drivers
    2. Challenges
    3. Opportunity Assessment
  5. Recent Trends and Developments
  6. Products Standards & Certification, By Region
    1. Europe
    2. North America
    3. South America
    4. Asia-Pacific
    5. Middle East & Africa
  7. Global Halal Food Market Overview (2020-2032)
    1. Market Size, By Value (in USD Millions)
    2. Market Share, By Product Type
      1. Meat Products
        1. Poultry
        2. Chicken
        3. Turkey
        4. Others (Goose, Duck, etc.)
      2. Beef
      3. Mutton
      4. Seafood
      5. Dairy Products
        1. Milk
        2. Others (Cheese, Butter, etc.)
      6. Fruits & Vegetables
      7. Cereals & Grains
      8. Plant-based & Vegan Products
      9. Others (Confectionary, Oils, Fats, etc.)
    3. Market Share, By Distribution Channel
      1. Offline
        1. Hypermarket/ Supermarket
        2. Specialty Store
        3. Convenience Stores
      2. Online
    4. Market Share, By Region          
      1. North America
      2. South America
      3. Europe
      4. The Middle East & Africa
      5. Asia-Pacific
    5. Market Share, By Company
      1. Competition Characteristics
      2. Revenue Shares & Analysis
  8. North America Halal Food Market Overview (2020-2032)
    1. Market Size, By Value (in USD Millions)
    2. Market Share, By Product Type
    3. Market Share, By Distribution Channel
    4. Market Share, By Country
      1. US
      2. Canada
      3. Mexico
    5. US Halal Food Market Overview (2020-2032)
      1. Market Size, By Value (in USD Millions)
      2. Market Share, By Product Type
      3. Market Share, By Distribution
    6. Canada Halal Food Market Overview (2020-2032)
      1. Market Size, By Value (in USD Millions)
      2. Market Share, By Product Type
      3. Market Share, By Distribution
    7. Mexico Halal Food Market Overview (2020-2032)
      1. Market Size, By Value (in USD Millions)
      2. Market Share, By Product Type
      3. Market Share, By Distribution
  9. South America Halal Food Market Overview (2020-2032)
    1. Market Size, By Value (in USD Millions)
    2. Market Share, By Product Type
    3. Market Share, By Distribution
    4. Market Share, By Country
      1. Brazil
      2. Argentina
      3. Rest of South America
    5. Brazil Halal Food Market Overview (2020-2032)
      1. Market Size, By Value (in USD Millions)
      2. Market Share, By Product Type
      3. Market Share, By Distribution
    6. Argentina Halal Market Overview (2020-2032)
      1. Market Size, By Value (in USD Millions)
      2. Market Share, By Product Type
      3. Market Share, By Distribution
  10. Europe Halal Food Market Overview (2020-2032)
    1. Market Size, By Value (in USD Millions)
    2. Market Share, By Product Type
    3. Market Share, By Distribution
    4. Market Share, by Country
      1. Germany
      2. Italy
      3. France
      4. UK
      5. Rest of Europe
    5. Germany Halal Food Market Overview (2020-2032)
      1. Market Size, By Value (in USD Millions)
      2. Market Share, By Product Type
      3. Market Share, By Distribution
    6. Italy Halal Food Market Overview (2020-2032)
      1. Market Size, By Value (in USD Millions)
      2. Market Share, By Product Type
      3. Market Share, By Distribution
    7. France Halal Food Market Overview (2020-2032)
      1. Market Size, By Value (in USD Millions)
      2. Market Share, By Product Type
      3. Market Share, By Distribution
    8. UK Halal Food Market Overview (2020-2032)
      1. Market Size, By Value (in USD Millions)
      2. Market Share, By Product Type
      3. Market Share, By Distribution
  11. Middle East & Africa Halal Food Market Overview (2020-2032)
    1. Market Size, By Value (in USD Millions)
    2. Market Share, By Product Type
    3. Market Share, By Distribution
    4. Market Share, By Country
      1. Saudi Arabia
      2. UAE
      3. Turkey
      4. South Africa
      5. Rest of Middle East & Africa
    5. Saudi Arabia Halal Food Market Overview (2020-2032)
      1. Market Size, By Value (in USD Millions)
      2. Market Share, By Product Type
      3. Market Share, By Distribution
    6. UAE Halal Food Market Overview (2020-2032)
      1. Market Size, By Value (in USD Millions)
      2. Market Share, By Product Type
      3. Market Share, By Distribution
    7. Turkey Halal Food Market Overview (2020-2032)
      1. Market Size, By Value (in USD Millions)
      2. Market Share, By Product Type
      3. Market Share, By Distribution
    8. South Africa Halal Food Market Overview (2020-2032)
      1. Market Size, By Value (in USD Millions)
      2. Market Share, By Product Type
      3. Market Share, By Distribution
  12. Asia Pacific Halal Food Market Overview (2020-2032)
    1. Market Size, By Value (in USD Millions)
    2. Market Share, By Product Type
    3. Market Share, By Distribution
    4. Market Share, By Country
      1. China
      2. India
      3. Japan
      4. Singapore
      5. Rest of Asia-Pacific
    5. China Halal Food Market Overview (2020-2032)
      1. Market Size, By Value (in USD Millions)
      2. Market Share, By Product Type
      3. Market Share, By Distribution
    6. India Halal Food Market Overview (2020-2032)
      1. Market Size, By Value (in USD Millions)
      2. Market Share, By Product Type
      3. Market Share, By Distribution
    7. Japan Halal Food Market Overview (2020-2032)
      1. Market Size, By Value (in USD Millions)
      2. Market Share, By Product Type
      3. Market Share, By Distribution
    8. Singapore Halal Food Market Overview (2020-2032)
      1. Market Size, By Value (in USD Millions)
      2. Market Share, By Product Type
      3. Market Share, By Distribution
  13. Competitive Outlook (Company Profiles – Partial List)
    1. Cargill Inc.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    2. BRF Global
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    3. Mondelez International
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    4. Del Monte Llc
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    5. Del Monte Llc
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    6. Unilever Plc
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    7. Nestlé (Malaysia) Berhad
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    8. Tyson Foods Inc
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    9. Al Islami Foods
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    10. Saffron Road
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    11. QL Resources Berhad
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    12. Others (Garuda Foods, Haoyue Group, Kawan Food Manufacturing Sdn Bhd, American Foods Group LLC, Tahira Foods Ltd, etc.)
  14. Contact Us & Disclaimer

Companies Mentioned

  • 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. 
  • others

Frequently Asked Questions

   A. The Global Halal Food Market is anticipated to witness a rise at a CAGR of around 12% during the forecast period, i.e., 2025-32.

   A. The mounting Islamic population & changing consumer food preferences drive the Global Halal Food Market through 2032.

   A. The food standardization & restricted availability negatively impact the Global Halal Food Market.

   A. The leading companies in the Global Halal Food Market are 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