Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Halal Food Market size is projected to increase from USD 2.64 trillion in 2024 to USD 9.67 trillion by 2037, demonstrating a CAGR of over 10.5% throughout the forecast timeline, from 2025 to 2037. Currently in 2025, the industry revenue of halal food is assessed at USD 2.83 trillion.
The increasing Muslim population is stimulating a rise in the demand for halal food. Moreover, according to Population Reference Bureau; the total Muslim population in the world is estimated to increase by 35% and reach 2.2 billion by 2030.
Halal Food: Growth Drivers and Challenges
Growth Drivers
- Demand for plant-based halal goods - Many companies have started selling plant-based halal foods for consumers who do not prefer meat-based halal food and want to choose a more environment-friendly option. This demand is increasing among both vegans and vegetarians, eventually boosting the halal food market. Additionally, plant-based meat is also widely preferred by consumers since it is healthy and derived from plants. As per a recent report, the global plant-based food sector is estimated to surpass USD 70 Billion by 2025.
- Muslim tourists promoting halal food - The increasing demand for halal-certified food and beverages is not country-specific. These days, many restaurants and hotels are offering halal cuisine to meet the demands of the Muslim community.
These also include Muslim tourist demand who seek halal food and that’s why major tourist spots are providing halal dining alternatives, which showcase a beautiful cross-culture culinary exchange among different countries along with growing the local economies. The global Muslim tourist sector is expected to surpass 200 Million by 2028.
- Initiatives by the government to promote halal-certified products - Governments worldwide are constantly pushing efforts to raise awareness about the usage of halal-certified products for a healthy lifestyle since halal food is not parted based on Muslim and non-Muslim consumers.
The 9th halal summit and 1oth halal expo fair were held in Istanbul in November 2023 where, Turkish President Erdogan sent a video message for Organization of Islamic Cooperation (OIC) members to join the Islamic Standards and Metrology Institute to clear disputes circulating halal certification.
Challenges
- Lack of clarity about halal products - The absence of clarity in the identification of halal goods confuses consumers and they end up purchasing haram products instead of halal as many manufacturers are also not aware of what ingredients halal products constitute.
- High cost associated with halal certification - For accomplishing halal certification, the manufacturer has to pay high process prices which is also a major hindrance to the growth of the market.
Halal Food Market: Key Insights
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
10.5% |
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Base Year Market Size (2024) |
USD 2.64 trillion |
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Forecast Year Market Size (2037) |
USD 9.67 trillion |
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Regional Scope |
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Halal Food Segmentation
Product Type (Meat Products, Dairy Products, Cereals & Grain,)
The meat segment is predicted to dominate over 65% halal food market share by 2037. The need for bacteria-free meat products is increasing among consumers and their awareness of purchasing authentic products is driving growth for the market.
Halal meat products are safe, hygienic, and of high quality. Also, as per Muslim beliefs, the animal needs to be alive during the process of slaughtering, or else the meat is considered haram. 70 % of the meat-consuming population in England prefers slaughtering animals without prior stunning.
Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, E-commerce, Specialty Stores)
The hypermarket & supermarket is estimated to gain a significant share in the upcoming years. Since these are the most convenient choices for consumers to buy halal foods, everything is under one roof. Additionally, flourishing supermarkets and hypermarkets made halal products accessible to everyone. There are nearly 9000 supermarkets in Canada. This also resulted in the halal products being valued by a wide range of consumers as the products are certified, ensuring quality and safety. Many supermarkets even sell their own labeled products which are halal certified.
Product Base (Modified Starch, Native Starch, Sweeteners, Others)
The native starch segment is poised to garner notable growth during the forecast period. Native starch is halal certified and is a white power derived from corn such as maize. Though it is plant-derived, it is acceptable to the halal food consumers. The native starch retail and food service sector is poised to reach 393653 tonnes in 2027.
Our in-depth analysis of the market includes the following segments:
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Product Type |
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Distribution Channel |
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Product Base |
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Customize this ReportHalal Food Industry - Regional Synopsis
Asia Pacific Market Forecast
Asia Pacific industry is estimated to dominate majority revenue share of 40% by 2037. Rapid consumption of fast food and an increasing number of Muslim tourists are driving growth in the market. The diet in the Asia Pacific region varies as per the religion and the Islam-following population prefers only halal food. According to a report, the halal processed food garnered an export value of nearly USD 90 Million in 2019 from South Korea to Indonesia. Even consumer preferences are changing these days, around 30% of the Japanese population is interested in halal food
Europe Market Analysis
In halal food market, European region is estimated to capture over 5% share by 2037 owing to the high demand for halal food from the Muslim population living in the region and the high-end consumption of halal meat. As per Phew Research Center, nearly 4.9% of the European Population constituted Muslims in 2016.
Moreover, the region has a significant number of non-Muslim Populations who are also actively purchasing halal goods since these products have various health benefits such as low saturated fat. Further, in the UK, reports say that 20% of chickens slaughtered every month are halal, a very evident reason for the growth of the market. Also, according to a report, nearly 65% of Muslims in France buy halal meat.
Companies Dominating the Halal Food Landscape
- Nestle SA
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Tahira Foods Ltd
- Saffron Road
- AL Islami Foods Co.
- QL Foods Sdn Bhd
- Cargill Inc
- Prima Agro products
- Unilever
- Kawan Foods Berhad
- Midamar Corporation
The halal food market is fragmented, with the top five companies occupying 20%. The major players in this market are Nestle SA, Tahira Foods Ltd, Saffron Road, AI Islami Foods Co., and QL Foods Sdn Bhd.
In the News
- Crescent Foods became the first company to offer hand-cut halal food service on campus. This initiative by the company is taken to support the needs of Muslim students in Universities and Colleges. Not only halal meat, Crescent Foods has a wide variety of retail products to offer and it also customizes food as per preferences.
- Chicken Cottage, a well-established signed an agreement with Express Kitchen which is an affiliate of the most renowned Hass Petroleum Group to expand halal products across East Africa. Through this agreement, Chicken Cottage wishes to start a fusion menu of halal fried and grilled chicken.
Author Credits: Parul Atri
- Report ID: 6076
- Published Date: Mar 19, 2025
- Report Format: PDF, PPT
