What is the Global market size of the Halal Food Market?

Global Halal Food Market size was valued at USD 2.11 billion in 2021 and is poised to grow from USD 2.37 billion in 2022 to USD 5.91 billion by 2030, growing at a CAGR of 12.1% in the forecast period (2023-2030).

Halal Food Market Size, Share, Growth Analysis, By Product Type(Meat, Poultry & Seafood, Fruits & Vegetables, Dairy Products), By Distribution Channel(Traditional Retailers, Supermarkets, Hypermarkets, Online), By Region - Industry Forecast 2024-2031

Q: Who are the key vendors in the Global Halal Food Market?

The Global Halal Food Market is fairly concentrated, with a few big and medium-sized market participants accounting for a large portion of market revenue. The Muslim population has expanded lately, which have prompted a propagated interest for halal food and refreshment from various regions of the world. Major players are including Al Islami Foods (UAE), QL Foods Sdn Bhd(Malaysia), Nestlé S.A(Switzerland), DagangHalal Sdn. Bhd. (Malaysia), Cargill Inc.(US), Tahira Foods Ltd (UK), Kawan Foods Berhad (Malaysia), Janan Meat Ltd, Prima Agri-Products Sdn Bhd(Malaysia), Saffron Road (US), Unilever (UK), American Halal Company, Inc. (US) 'Nestle S.A.', 'Al Islami Foods', 'BRF S.A.', 'QL Foods Sdn Bhd', 'Cargill Inc.', 'Yildiz Holding Inc.', 'Kellogg's Company', 'WH Group Limited', 'Nema Food Company', 'Kawan Food Berhad', 'Midamar Corporation', 'Halal-ACS Global GmbH', 'Prima Agri-Products Sdn Bhd', 'Saffron Road Foods', 'Siera Meat Industries', 'Nando's Chickenland Limited', 'Nema Food Company', 'Haoyue Group Co. Ltd.', 'Samex Australia Pty Ltd', 'Tahira Foods Ltd.'

Report ID: SQMIG30I2144 | Region: Global | Published Date: February, 2024
Pages: 165 | Tables: 71 | Figures: 75

Halal Food Market Regional Insights

Asia Pacific accounted for more than 36% global market share. Asia Pacific accounted as the major market for halal food in 2022, and projected to continue its dominance in the upcoming years. As the regional markets witness expansion of Muslim population followed with fundamentally rising food interest and costs, the global halal food market is supposed to grow significantly over the conjecture period. The Middle East and Africa have gigantic idle for the market development as the clients in this region are primarily Muslim with expanding per capita incomes. European markets are noticing huge development on the lookout.

Halal Food Market Report Snapshots

License Type Top market research company in USA

File Type

$5,300

BUY NOW GET FREE SAMPLE

Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Halal Food Market size was valued at USD 2.11 billion in 2019 and is poised to grow from USD 2.37 billion in 2023 to USD 5.91 billion by 2031, growing at a CAGR of 12.1% in the forecast period (2024-2031).

The Halal Food Market is fairly concentrated, with a few big and medium-sized market participants accounting for a large portion of market revenue. The Muslim population has expanded lately, which have prompted a propagated interest for halal food and refreshment from various regions of the world. Major players are including Al Islami Foods (UAE), QL Foods Sdn Bhd(Malaysia), Nestlé S.A(Switzerland), DagangHalal Sdn. Bhd. (Malaysia), Cargill Inc.(US), Tahira Foods Ltd (UK), Kawan Foods Berhad (Malaysia), Janan Meat Ltd, Prima Agri-Products Sdn Bhd(Malaysia), Saffron Road (US), Unilever (UK), American Halal Company, Inc. (US) 'Nestle S.A.', 'Al Islami Foods', 'BRF S.A.', 'QL Foods Sdn Bhd', 'Cargill Inc.', 'Yildiz Holding Inc.', 'Kellogg's Company', 'WH Group Limited', 'Nema Food Company', 'Kawan Food Berhad', 'Midamar Corporation', 'Halal-ACS GmbH', 'Prima Agri-Products Sdn Bhd', 'Saffron Road Foods', 'Siera Meat Industries', 'Nando's Chickenland Limited', 'Nema Food Company', 'Haoyue Group Co. Ltd.', 'Samex Australia Pty Ltd', 'Tahira Foods Ltd.'

Premiumization in the halal food market enables the manufacturers to offer high-quality and innovative halal products at a premium price. This is majorly true in developed and mature markets where consumers are willing to pay higher for halal products in these markets.

Increase in Awareness of Halal Foods: The non-Muslim population has developed a huge liking for halal foods mainly for their easy availability, and taste. This has led in rise in demand for halal-certified products in both the Muslim and non-Muslim population.

Asia Pacific accounted for more than 36% market share. Asia Pacific accounted as the major market for halal food in 2022, and projected to continue its dominance in the upcoming years. As the regional markets witness expansion of Muslim population followed with fundamentally rising food interest and costs, the halal food market is supposed to grow significantly over the conjecture period. The Middle East and Africa have gigantic idle for the market development as the clients in this region are primarily Muslim with expanding per capita incomes. European markets are noticing huge development on the lookout.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

Halal Food Market Size, Share, Growth Analysis, By Product Type(Meat, Poultry & Seafood, Fruits & Vegetables, Dairy Products), By Distribution Channel(Traditional Retailers, Supermarkets, Hypermarkets, Online), By Region - Industry Forecast 2024-2031

Halal Food Market Regional Insights

Halal Food Market Report Snapshots

Want to customize this report?

FAQs

What is the market size of Halal Food Market?

Who are the key vendors in the Halal Food Market?

What is the key driver of Halal Food Market?

What is the key market trend for Halal Food Market?

Which region accounted for the largest share in Halal Food Market?

Request Free Customization

Related Reports

Feedback From Our Clients

$5,300