Market Overview

The global halal food market was valued at USD 2,714.40 Billion in 2024. It is projected to reach USD 5,911.95 Billion by 2033, growing at a CAGR of 8.92% from 2025-2033. The market growth is driven by rising awareness, rapid multiculturalism, globalization, stringent standardization, the proliferation of e-commerce platforms, and increasing health and safety concerns. Asia Pacific dominates the market with over 48.5% share in 2024.

Study Assumption Years

  • Base Year: 2024
  • Historical Years: 2019-2024
  • Forecast Period: 2025-2033

Halal Food Market Key Takeaways

  • Current Market Size: USD 2,714.40 Billion in 2024
  • CAGR: 8.92% from 2025 to 2033
  • Forecast Period: 2025-2033
  • Asia Pacific holds a market share of over 48.5% in 2024, dominating the global market.
  • Increasing Muslim population worldwide, including regions such as Indonesia (231 million Muslims) and the US.
  • Rising consumer trust and demand for halal-certified food products due to stringent certification and ethical sourcing.
  • Growth in availability through mainstream retailers, supermarkets, and e-commerce platforms.
  • Non-Muslim consumers are increasingly adopting halal foods for quality, ethical, and health reasons.
  • Market expansion driven by multiculturalism and globalization accelerating halal food acceptance.

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Market Growth Factors

The halal food market growth is primarily fueled by the increasing global Muslim population. Indonesia alone has the highest Muslim population estimated at 231 million, representing over 13% of all Muslims worldwide. This demographic expansion encourages retailers globally to enhance halal product offerings. In the US, Muslims are projected to reach 8.1 million by 2050, driving demand for halal food, supported by spending of around USD 20 billion in 2020 on halal food alone.

Consumer awareness about halal food's authenticity, stringent certification processes, and ethical sourcing strongly propels market growth. Halal certification ensures products avoid prohibited ingredients and meet strict hygiene and ethical preparation standards, which also attracts non-Muslim consumers seeking ethical and high-quality food options.

The proliferation of e-commerce platforms significantly transforms halal food distribution. IMARC Group projects the global e-commerce sector to reach USD 183.8 trillion by 2032. This surge complements multiculturalism and globalization, increasing halal food acceptance among diverse consumers. The rising health-conscious trends such as clean eating (16%), mindful eating (14%), and plant-based diets (12%) align with halal food’s attributes, further boosting demand.

Market Segmentation

By Product:

  • Meat, Poultry and Seafood: Leading segment with 50.3% market share in 2024. Increased consumption due to Islamic dietary laws and halal certification ensures compliance with halal standards. The segment includes fresh and processed meats and rising popularity of halal-certified seafood as a permissible protein source.

By Distribution Channel:

  • Traditional Retailers: Hold 51.7% market share. They comprise local butchers, neighborhood grocery stores, and specialty markets known for personalized consumer service and specific product customization. They cater effectively to local communities where large supermarkets have less presence.

Regional Insights

Asia Pacific dominates the halal food market with a 48.5% share in 2024, driven by the largest Muslim population globally. Countries like Indonesia, Malaysia, Pakistan, and Bangladesh maintain established halal industries and regulations. Innovation and diversification, including halal frozen meals and plant-based meat alternatives, further stimulate growth. The region benefits from government support for halal certification and strong consumer demand.

Recent Developments & News

  • October 2024: Indonesia plans to expand mandatory halal certification to pharmaceuticals under its Halal Law with phased enforcement through 2039, impacting exporters including Australian pharmaceutical exporters.
  • October 2024: India updated the halal meat export policy requiring certification under 'India Conformity Assessment Scheme (I-CAS) - Halal' for export to 15 countries including Saudi Arabia, Bangladesh, and UAE.
  • June 2024: Saffron Road (American Halal Company) launched four new halal-certified frozen food items, all gluten-free.

Key Players

  • QL Foods Sdn Bhd
  • Saffron Road
  • DagangHalal Group
  • Janan Meat Ltd
  • Kawan Foods Berhad
  • Cargill, Inc.
  • Prima Agri-Products Sdn Bhd
  • Nestle S.A.
  • BRF S.A.
  • Tahira Foods Ltd.

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