The Global Halal Food Market size was valued at USD 2,545.9 billion in 2023 and is projected to reach USD 5,243 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 9.6% during the forecast period, i.e., 2025-30.           

Global Halal Food Market Driver:

Increasing Growth in Halal Tourism in Non-Arab Countries– There has been a significant expansion in Halal tourism around the globe driven by consumers demanding travel experiences aligning with their cultural and religious values. The travel requirements of Muslim travelers following Halal regulations require specific conditions, including alcohol-free restaurants, only hallal food-providing outlets, Muslim-friendly accommodations, prayer rooms, etc.

 

Furthermore, not only the Arab countries but also countries like Brazil, Argentina, the Philippines, Nigeria, China, Taiwan, etc., are becoming leading destinations for Halal tourism, owing to the services and facilities provided. The countries provide a suitable environment for Muslims following halal specifications, propelling tourism in the countries. For instance:

 

• In 2022, according to the Global Muslim Travel Index, Malaysia was positioned as the number one destination for Halal Tourism globally.

 

Thus, the rising Halal tourism across the globe is leading to a significant increase in the establishment of hotels, restaurants, cafes, and food outlets suiting the halal guidelines. This, in turn, is increasing the demand for halal food products. Also, consumers looking for diverse culinary experiences while aligning with their religious beliefs are significant drivers behind the surging demand for halal meat, dairy, and confectionery products, thus driving market growth.

 

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Key Market Reports Highlights

• Market Dimensions & Projections
• Pricing Evaluation
• Recent Strategic Moves by Companies
• Primary Stakeholders
• Import/Export Trend Analysis
• Competitive Landscape Assessment
• Emerging Opportunities
• Market Trends and Indicators

 

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Global Halal Food Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2024

-Historical Period: 2020 to 2023

-Forecast Period: 2025 to 2030

• By Product Type
  • Meat Products- Market Size & Forecast 2020-2030, (USD Million)
    • Poultry- Market Size & Forecast 2020-2030, (USD Million)
      • Chicken- Market Size & Forecast 2020-2030, (USD Million)
      • Turkey- Market Size & Forecast 2020-2030, (USD Million)
      • Others (Goose, Duck, etc.) – Market Size & Forecast 2020-2030, (USD Million)
    • Beef- Market Size & Forecast 2020-2030, (USD Million)
    • Mutton- Market Size & Forecast 2020-2030, (USD Million)
    • Seafood- Market Size & Forecast 2020-2030, (USD Million)
  • Dairy Products- Market Size & Forecast 2020-2030, (USD Million)
    • Milk- Market Size & Forecast 2020-2030, (USD Million)
    • Others (Cheese, Butter, etc.) – Market Size & Forecast 2020-2030, (USD Million)
  • Fruits & Vegetables- Market Size & Forecast 2020-2030, (USD Million)
  • Cereals & Grains- Market Size & Forecast 2020-2030, (USD Million)
  • Plant-based & Vegan Products- Market Size & Forecast 2020-2030, (USD Million)
  • Others (Confectionary, Oils, Fats, etc.) – Market Size & Forecast 2020-2030, (USD Million)
• By Distribution Channel
  • Offline- Market Size & Forecast 2020-2030, (USD Million)
    • Supermarkets & Hypermarkets- Market Size & Forecast 2020-2030, (USD Million)
    • Convenience Stores- Market Size & Forecast 2020-2030, (USD Million)
    • Specialty Stores- Market Size & Forecast 2020-2030, (USD Million)
  • Online- Market Size & Forecast 2020-2030, (USD Million)
• By Region
  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

 

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Cargill Inc, BRF Global, Mondelez International, Del Monte Llc, Unilever Plc, Nestlé (Malaysia) Berhad, Tyson Foods Inc, Al Islami Foods, Saffron Road, QL Resources Berhad, Garuda Foods, Haoyue Group, Kawan Food Manufacturing Sdn Bhd, American Foods Group LLC, Tahira Foods Ltd, etc., among others

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