PUBLISHER: TechSci Research | PRODUCT CODE: 1881654
PUBLISHER: TechSci Research | PRODUCT CODE: 1881654
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The Global Halal Food Market will grow from USD 903.01 Million in 2024 to USD 2150.49 Million by 2030 at a 15.56% CAGR. Halal food refers to products permissible for consumption by Muslims, adhering to Islamic dietary laws that emphasize purity, hygiene, and ethical preparation practices. The global Halal food market demonstrates robust expansion, driven by the increasing global Muslim population and rising disposable incomes within Muslim-majority nations. Furthermore, growing consumer awareness regarding certified Halal standards, often perceived as indicators of quality and safety, extends its appeal to a broader non-Muslim demographic.
| Market Overview | |
|---|---|
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 903.01 Million |
| Market Size 2030 | USD 2150.49 Million |
| CAGR 2025-2030 | 15.56% |
| Fastest Growing Segment | Online |
| Largest Market | North America |
Key Market Drivers
The growing global Muslim population fundamentally drives the halal food market, directly expanding the consumer base with specific dietary requirements. This demographic trend necessitates an increased supply of food products adhering to Islamic principles of preparation and sourcing. According to The Globalist, in June 2024, the world's Muslim population was estimated at 1.9 billion, representing a substantial and continuously growing segment actively seeking compliant food options. This demographic reality underpins the market's long-term expansion and diversification.
Key Market Challenges
The absence of a universally standardized halal certification framework presents a significant impediment to the global Halal food market's expansion. This fragmentation across numerous countries and certifying bodies results in a diverse array of interpretations and compliance requirements for halal status. Such inconsistencies create considerable complexities for businesses engaged in international trade, necessitating re-certification or adherence to differing standards when entering new markets. These varying demands inflate operational costs through duplicate audits and administrative burdens, thereby narrowing profit margins and discouraging cross-border trade initiatives.
Key Market Trends
The growing demand for plant-based halal alternatives signifies a notable market evolution, blending ethical consumerism and health consciousness with religious dietary requirements. This trend expands the halal food market by catering to a broader demographic seeking plant-centric options that also adhere to Islamic principles. According to the GFI APAC 2024 State of the Industry report, global retail sales for plant-based meat, seafood, and dairy alternatives collectively reached $28.6 billion in 2024.
In this report, the Global Halal Food Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies presents in the Global Halal Food Market.
Global Halal Food Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: