Exploring the Growth Trajectory of the Halal Food Industry

 

Global Halal Food Market Analysis:

The global halal food market is projected to grow steadily, with its value estimated at US$ 1,581,080 million in 2024 and expected to reach approximately US$ 2,114,220 million by 2031. This reflects a compound annual growth rate (CAGR) of 4.3% during the forecast period from 2025 to 2031

The global halal food market is witnessing significant momentum as demand for ethically produced, Shariah-compliant food products grows among Muslim and non-Muslim consumers alike. With increasing awareness around food safety, hygiene, and ethical sourcing, halal-certified products are gaining wider acceptance globally. As per recent research, the market is expected to register steady growth during the forecast period, driven by evolving dietary preferences and globalization of the food industry.

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Key Trends Include:

• Expansion Beyond Muslim-Majority Countries: Halal food products are now widely consumed in Western countries due to growing multicultural populations and a shift toward clean-label and traceable food options.

• Rise of Packaged and Processed Halal Foods: Urbanization and busy lifestyles have boosted the demand for ready-to-eat and processed halal-certified meals.

• Technological Integration: The use of blockchain and AI in supply chain verification is enhancing consumer trust in halal certifications and product authenticity.

Market Segments Analysis:

The halal food market is segmented by product type, including meat & poultry, dairy products, cereals & grains, fruits & vegetables, and beverages. Among these, meat and poultry hold the largest share due to strict religious dietary laws. The market is also segmented by distribution channels, with hypermarkets/supermarkets, specialty stores, and online platforms being major contributors.

Market Opportunity:

With the global Muslim population projected to surpass 2.2 billion in the coming decades, the demand for halal-compliant food is poised to rise significantly. In addition, growing interest in ethical consumption among non-Muslim populations offers a broader market opportunity. Expanding e-commerce and international trade networks further support the availability and reach of halal food products.

Growth Drivers and Challenges:

Drivers include increasing disposable incomes in emerging markets, government support for halal certification, and the rising popularity of organic and clean-label food. However, challenges such as a lack of universal halal certification standards and misconceptions about halal food among non-Muslim consumers continue to limit potential in some regions.