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Halal Food Market

Global Halal Food Market Size, Share, Analysis, Forecast: By Product: Meat, Poultry, and Seafood, Fruits and Vegetables, Dairy Products, Cereals and Grains, Oil, Fats, and Waxes, Confectionery, Others; By Distribution Channel; By End Use; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

Global Halal Food Market Outlook

The global halal food market size reached a value of about USD 1.91 trillion in 2023. The global halal food market is further expected to rise at a CAGR of nearly 16.5% in the forecast period of 2024-2032 to reach a value of about USD 7.54 trillion by 2032.

 

Halal Food Market

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Rising Demand from the Asia Pacific Region to Aid the Halal Food Market Growth

Due to the growing Muslim population as well as the significantly rising food demand and expenses, the global halal food market is expected to expand considerably over the forecast period. The Asia Pacific was the leading market for halal food in 2020, and during the forecast period, the region is expected to provide market sellers several opportunities for growth. The market growth in the Asia Pacific can be attributed to the large religious and cultural population of the region that demand halal food.

 

Halal Food Market by Product

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Halal Food: Market Segmentation

Halal food, which is explicitly specified under Islamic dietary laws, are the permitted food products that can be consumed by a practicing Muslim. Processed items such as halal foie gras, spring rolls, lasagne, pizza, and nuggets are also often certified as halal food. 

Based on the product, the halal food market can be divided into:

  • Meat, Poultry, and Seafood
  • Fruits and Vegetables
  • Dairy Products
  • Cereals and Grains
  • Oil, Fats, and Waxes
  • Confectionery
  • Others

The major distribution channels in the industry can be segmented as follows:

  • Traditional Retailers
  • Supermarkets and Hypermarkets
  • Online
  • Others

Halal food finds wide end-uses in household and food service segments.

The regional markets for halal food can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Halal Food Market by Region

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Increasing Demand for Halal Goods to Propel the Halal Food Market Forward

The rising demand for halal goods across the globe is aiding the growth of the market. Increased customer awareness regarding the product is also supporting the market growth. The growth in online shopping is expected to catalyse the market growth further. The rising purchasing power of the consumers is also projected to boost the demand for halal food in the coming years.

 

Key Industry Players in the Global Halal Food Market

The report gives a detailed analysis of the following key players in the global halal food market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Al Islami Foods
  • QL Foods Sdn Bhd
  • Nestlé S.A
  • DagangHalal Sdn. Bhd.
  • Cargill Inc.
  • Tahira Foods Ltd.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Distribution Channel
  • End Use
  • Region
Breakup by Product
  • Meat, Poultry, and Seafood
  • Fruits and Vegetables
  • Dairy Products
  • Cereals and Grains
  • Oil, Fats, and Waxes
  • Confectionery
  • Others
Breakup by Distribution Channel
  • Traditional Retailers
  • Supermarkets and Hypermarkets
  • Online
  • Others
Breakup by End Use
  • Household
  • Food Service
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Al Islami Foods
  • QL Foods Sdn Bhd
  • Nestlé S.A
  • DagangHalal Sdn. Bhd.
  • Cargill Inc.
  • Tahira Foods Ltd.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Halal Food Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Halal Food Historical Market (2018-2023) 
    8.3    Global Halal Food Market Forecast (2024-2032)
    8.4    Global Halal Food Market by Product
        8.4.1    Meat, Poultry, and Seafood
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Fruits and Vegetables
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Dairy Products
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Cereals and Grains
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Oil, Fats, and Waxes
            8.4.5.1    Historical Trend (2018-2023)
            8.4.5.2    Forecast Trend (2024-2032)
        8.4.6    Confectionery
            8.4.6.1    Historical Trend (2018-2023)
            8.4.6.2    Forecast Trend (2024-2032)
        8.4.7    Others
    8.5    Global Halal Food Market by Distribution Channel
        8.5.1    Traditional Retailers
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Supermarkets and Hypermarkets
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Online
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Others
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
    8.6    Global Halal Food Market by End Use
        8.6.1    Household
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Food Service
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032) 
    8.7    Global Halal Food Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023)
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Halal Food Market Analysis
    9.1    United States of America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Europe Halal Food Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Halal Food Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Halal Food Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Halal Food Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain  Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Al Islami Foods
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    QL Foods Sdn Bhd
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Nestlé S.A
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    DagangHalal Sdn. Bhd.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Cargill Inc.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Tahira Foods Ltd.
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Halal Food Market: Key Industry Highlights, 2018 and 2032
2.    Global Halal Food Historical Market: Breakup by Product (USD Trillion), 2018-2023
3.    Global Halal Food Market Forecast: Breakup by Product (USD Trillion), 2024-2032
4.    Global Halal Food Historical Market: Breakup by Distribution Channel (USD Trillion), 2018-2023
5.    Global Halal Food Market Forecast: Breakup by Distribution Channel (USD Trillion), 2024-2032
6.    Global Halal Food Historical Market: Breakup by End Use (USD Trillion), 2018-2023
7.    Global Halal Food Market Forecast: Breakup by End Use (USD Trillion), 2024-2032
8.    Global Halal Food Historical Market: Breakup by Region (USD Trillion), 2018-2023
9.    Global Halal Food Market Forecast: Breakup by Region (USD Trillion), 2024-2032
10.    North America Halal Food Historical Market: Breakup by Country (USD Trillion), 2018-2023
11.    North America Halal Food Market Forecast: Breakup by Country (USD Trillion), 2024-2032
12.    Europe Halal Food Historical Market: Breakup by Country (USD Trillion), 2018-2023
13.    Europe Halal Food Market Forecast: Breakup by Country (USD Trillion), 2024-2032
14.    Asia Pacific Halal Food Historical Market: Breakup by Country (USD Trillion), 2018-2023
15.    Asia Pacific Halal Food Market Forecast: Breakup by Country (USD Trillion), 2024-2032
16.    Latin America Halal Food Historical Market: Breakup by Country (USD Trillion), 2018-2023
17.    Latin America Halal Food Market Forecast: Breakup by Country (USD Trillion), 2024-2032
18.    Middle East and Africa Halal Food Historical Market: Breakup by Country (USD Trillion), 2018-2023
19.    Middle East and Africa Halal Food Market Forecast: Breakup by Country (USD Trillion), 2024-2032
20.    Global Halal Food Market Structure

Key Questions Answered in the Report

The global halal food market reached a value of USD 1.91 trillion in 2023. 

The market is projected to grow at a CAGR of nearly 16.50% in the forecast period of 2024-2032.

The global halal food market is estimated to reach a value of about USD 7.54 trillion by 2032.    

The major drivers of the market include rising disposable incomes, growing Muslim population, and the rising demand for halal goods.

The rising consumer awareness regarding halal food products, along with major players investing in expanding their halal-certified food portfolio, is expected to be a key trend guiding the growth of the market.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The significant products of halal food considered in the market report include meat, poultry and seafood, fruits and vegetables, dairy products, cereals and grains, oil, fats, and waxes, and confectionery, among others.

The major distribution channels in the market are traditional retailers, supermarkets and hypermarkets, and online, among others.

The various end uses of halal food are household and food service.

The leading players in the market are Al Islami Foods, QL Foods Sdn Bhd, Nestlé S.A, DagangHalal Sdn. Bhd., Cargill Inc., and Tahira Foods Ltd., among others.

Analyst Review

The global halal food market attained a value of USD 1.91 trillion in 2023, driven by the growth in the demand for halal goods. Aided by the rising Muslim population and their substantially rising expenditure on food products, the industry is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 16.50%. The industry is projected to reach USD 7.54 trillion by 2032.        

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on products, the global halal food market can be segmented into meat, poultry and seafood, fruits and vegetables, dairy products, cereals and grains, oil, fats, and waxes, and confectionery, among others. By distribution channel, the industry can be divided into traditional retailers, supermarkets and hypermarkets, and online, among others. On the basis of end uses, the industry can be segmented into household and food service. The major regional markets for halal food are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the market. The key players in the above industry include Al Islami Foods, QL Foods Sdn Bhd, Nestlé S.A, DagangHalal Sdn. Bhd., Cargill Inc., and Tahira Foods Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition. 

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