Halal Foods Market Size Worth USD 6,817.18 Billion by 2034 | CAGR: 9.4%

The global halal foods market size is expected to reach USD 6,817.18 billion by 2034, according to a new study by Polaris Market Research. The report “Halal Foods Market Size, Share, Trends, Industry Analysis Report: By Product Type (Raw Meat, Processed & Packed Food, Bakery & Confectionery, and Others), Distribution Channel, and Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Halal foods and beverages are products produced, packaged, stored, and served in accordance with Islamic law. These products are usually regarded as fresher, healthier, and more organic, owing to the strict standards governing their production and sourcing. The growing global Islamic population is a key driver behind the significant demand expected in the halal foods market during the forecast period. In addition, the rising number of vegans adhering to plant-based diets worldwide is fueling market growth.

Governments and regulatory agencies, especially in Muslim-majority nations, have introduced several initiatives to oversee and support the halal food sector in collaboration with international counterparts. These initiatives cover laws, licenses, and labeling specifications. The global halal food trade is expanding, with the expansion of the travel and tourism sector. These factors would create new opportunities for the halal foods market growth during the forecast period.

The absence of globally recognized definitions of halal and the variations in national certification procedures are hindering the halal foods market expansion. Along with this, supply chain logistical issues, such as guaranteeing the segregation of non-halal and halal goods, drive up operating expenses for companies. The restricted availability of products with halal certification in specific markets further limits consumer options.

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There are many regional and local players in the highly fragmented halal foods market. To stay competitive, businesses have been using a range of expansion tactics, including partnerships and the introduction of new products. For instance, in October 2022, Ghanim International Corporation (Brunei) and ZES Trading (Bangladesh) signed an MoU to further strengthen their partnership. At the same time, Ghanim International Corporation introduced Brunei Halal food products in Bangladesh, expanding its reach in the region.

Halal Foods Market Report Highlights

• By product type, the raw meat segment is predicted to have the largest revenue share from 2025 to 2034, owing to the high demand for halal-certified raw meat among consumers who follow Islamic dietary laws.
• By distribution channel, the supermarkets and hypermarkets segment dominated the market with a revenue share of 74.9% in 2024. Supermarkets and hypermarkets have become the primary distribution channels for halal foods, as they offer a wide range of halal products under one roof. This variety offers consumers a convenient and efficient shopping experience.
• Asia Pacific emerged as the dominant region, with a share of 61.1% in 2024. The halal foods market growth in Asia Pacific is primarily fueled by nations with sizable Muslim populations, such as Bangladesh, Pakistan, Malaysia,
• A few key players in the market are Al Islami Foods; Al-Falah Halal Foods Ltd.; American Halal Company, Inc.; BRF S.A.; Cargill, Incorporated; DagangHalal Group; Kawan Food Berhad; Midamar Corporation; Nema Food Company; Nestlé S.A; One World Foods Inc.; Prima Agri-Products; QL Foods; Rosen's Diversified Inc.; Saffron Road; and Unilever.

Polaris Market Research has segmented the halal foods market report on the basis of product type, distribution channel, and region:

By Product Type Outlook (Revenue – USD Billion, 2020–2034)

• Raw Meat
• Processed & Packed Food
• Bakery & Confectionery
• Others

By Distribution Channel Outlook (Revenue – USD Billion, 2020–2034)

• Supermarkets & Hypermarkets
• Convenience Stores
• Online Stores
• Specialty Stores
• Others

By Regional Outlook (Revenue – USD Billion, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of the Middle East & Africa

• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America

Halal Food Market Report Scope