Halal Food Market Report 2024 (Global Edition)

Global Halal Food Market Report 2024 Market Size Split by Product (Meat, Poultry and Seafood, Fruits and Vegetables, Dairy Products, Cereals and Grains, Oil, Fats, and Waxes, Confectionery, Others), b...

Halal Food Market Report Description

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Halal Food Market Insights Video

Competitive Landscape of the Halal Food Market

The market growth analysis for halal food indicates a promising trend and growing potential, encouraging major companies to implement a range of strategies to capitalize on the rising demand. In order to serve the expanding Muslim population, leading businesses are concentrating on providing certified halal food products. The product ranges of these enterprises frequently expand to include a wider variety of goods, from packaged meals and snacks to dairy and meat. They enhance their dominance in the industry by using e-commerce and digital marketing to increase customer accessibility worldwide and by taking part in sustainability initiatives to support moral and environmental concerns.

June 2023: Saffron Road Foods has added four new recipes to its collection of delectable frozen dinners, which include Coconut Cauliflower Curry, Chicken Enchiladas Al Chipotle, Moroccan-inspired Chicken & Potatoes, and Chickpea Masala. These meals have a Halal certification and are certified gluten-free. (Source:https://www.saffronroad.com/blogs/news-release/saffron-road-spices-up-summer-with-four-new-frozen-entrees) October 2022: Foodubai and DagangAsia Network Holding Sdn Bhd (DagangaHalal Group) have officially partnered for a media relationship. However, Foodubai is renowned as a worldwide directory of Dubai and the United Arab Emirates food, hospitality, and agriculture. With the help of Foodubai, DagangaHalal Group has the chance to establish itself and raise its profile in the Gulf and African markets. (Source:https://halalpedia.daganghalal.com/foodubai-partners-with-daganghalal-in-fmcg-media-relationship/) April 2021: Al Islami Foods, a UAE-based manufacturer of frozen halal goods, has introduced a new dough category, with frozen paratha leading the way, in an effort to increase brand awareness, availability, and diversity. (Source: https://www.foodnavigator-asia.com/Article/2021/04/21/Paratha-push-Al-Islami-Foods-forays-into-frozen-dough-category-and-outlines-geographic-priorities#)

Top Companies Market Share in Halal Food Industry: (In no particular order of Rank)

• Al Islami Foods Co.
• 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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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Halal Food Market

Which Region Dominates the Halal Food Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue due to its multicultural society. The demand for halal food has been driven by Muslim communities in the US and Canada, resulting in their availability in mainstream supermarkets and dining establishments. Non-Muslim consumers are increasingly selecting products in the region based on their safety and quality. This trend has fueled a number of food producers to pursue halal certification to meet the growing demand in this market.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Halal Food Market. It has the largest Muslim population in the world, which significantly increases the demand for halal foods. Bangladesh, Pakistan, Malaysia, Indonesia, and other countries have well-established regulatory organizations and the halal food industry. Furthermore, the region's numerous cultural customs and cuisines facilitate an efficient marketplace for a broad range of foods, from gourmet cuisine to street snacks, which is projected to boost regional market growth.

The current report Scope analyzes Halal Food Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Halal Food Market

According to Cognitive Market Research, the global Halal Food Market size was estimated at USD 2548468.5 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 1019387.40 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.1% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Halal Food Market with a market size of USD 804296.66 million in 2024 and is projected to grow at a CAGR of 7.9% during the forecast period. Rising consumer awareness about halal food is propelling growth in the country.
• The Canada Halal Food Market had a market share of USD 122326.49 million in 2024 and is projected to grow at a CAGR of 8.9% during the forecast period. The halal food market in Canada is expected to grow due to the increase in the adoption of diverse food options.
• The Mexico Halal Food Market is projected to witness growth at a CAGR of 8.6% during the forecast period, with a market size of USD 92764.25 million in 2024.

Europe Halal Food Market

According to Cognitive Market Research, the global Halal Food Market size was estimated at USD 2548468.5 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 764540.55 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.4% from 2024 to 2031.

• The United Kingdom Halal Food Market had a market share of USD 128442.81 million in 2024 and is projected to grow at a CAGR of 9.2% during the forecast period. In the UK, Halal Food sales witness an upswing due to the nation's rising Muslim Population.
• The France Halal Food Market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 70337.73 million in 2024.
• According to Cognitive Market Research, the German Halal Food Market size was valued at USD 151379.03 million in 2024 and is projected to grow at a CAGR of 8.6% during the forecast period. In Germany, Halal Food surged due to effective branding and marketing strategies.
• The Italy Halal Food Market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 65750.49 million in 2024.
• The Russia Halal Food Market is projected to witness growth at a CAGR of 7.4% during the forecast period, with a market size of USD 118503.79 million in 2024.
• The Spain Halal Food Market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 62692.33 million in 2024.
• The Luxembourg Halal Food Market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 23700.76 million in 2024.
• The Portugal Halal Food Market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD 16055.35 million in 2024.
• The Greece Halal Food Market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 9174.49 million in 2024.
• Rest of Europe's Halal Food Market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 118503.79 million in 2024.

Asia Pacific Halal Food Market

According to Cognitive Market Research, the global Halal Food Market size was estimated at USD 2548468.5 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 586147.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.9% from 2024 to 2031.

• According to Cognitive Market Research, the China Halal Food Market size was valued at USD 263766.49 million in 2024 and is projected to grow at a CAGR of 11.4% during the forecast period. Halal Food surged in China due to the rising disposable income and economic growth.
• The Japan Halal Food Market is projected to witness growth at a CAGR of 10.4% during the forecast period, with a market size of USD 80888.39 million in 2024.
• The India Halal Food Market had a market share of USD 70337.73 million in 2024 and is projected to grow at a CAGR of 13.7% during the forecast period. In India, Halal Food sales witness an upswing due to the growing presence and adoption of hypermarkets, supermarkets, and online platforms.
• The South Korean Halal Food Market is projected to witness growth at a CAGR of 11.0% during the forecast period, with a market size of USD 58614.78 million in 2024.
• The Australian Halal Food Market is projected to witness growth at a CAGR of 11.6% during the forecast period, with a market size of USD 30479.68 million in 2024.
• The South East Asia Halal Food Market is projected to witness growth at a CAGR of 12.9% during the forecast period, with a market size of USD 40444.20 million in 2024.
• The Rest of Asia Pacific Halal Food Market is projected to witness growth at a CAGR of 11.7% during the forecast period, with a market size of USD 41616.49 million in 2024.

South America Halal Food Market

According to Cognitive Market Research, the global Halal Food Market size was estimated at USD 2548468.5 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 127423.43 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.3% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Halal Food Market size was valued at USD 54537.23 million in 2024 and is projected to grow at a CAGR of 9.9% during the forecast period. Halal Foods flourished in Brazil due to the cultural diversity.
• Argentina's Halal Food Market had a market share of USD 21407.14 million in 2024 and is projected to grow at a CAGR of 10.2% during the forecast period. Argentina's presence of market players augments the demand.
• Colombia Halal Food Market is projected to witness growth at a CAGR of 9.1% during the forecast period, with a market size of USD 11340.68 million in 2024.
• Peru Halal Food Market is projected to witness growth at a CAGR of 9.5% during the forecast period, with a market size of USD 10448.72 million in 2024.
• Chile Halal Food Market is projected to witness growth at a CAGR of 9.6% during the forecast period, with a market size of USD 9174.49 million in 2024.
• The Rest of Latin America's Halal Food Market is projected to witness growth at a CAGR of 8.4% during the forecast period, with a market size of USD 20515.17 million in 2024.

Middle East and Africa Halal Food Market

According to Cognitive Market Research, the global Halal Food Market size was estimated at USD 2548468.5 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 50969.37 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.6% from 2024 to 2031..

• The GCC Countries Halal Food Market is projected to witness growth at a CAGR of 10.4% during the forecast period, with a market size of USD 21814.89 million in 2024. Halal Food sales flourish due to the rise in the e-commerce sector and government favorable regulations.
• The Egypt Halal Food Market is projected to witness growth at a CAGR of 9.9% during the forecast period, with a market size of USD 5351.78 million in 2024.
• The South Africa Halal Food Market is projected to witness growth at a CAGR of 10.6% during the forecast period, with a market size of USD 8053.16 million in 2024. Halal Food sales flourish in South Africa due to increasing demand and the growing Muslim population.
• The Turkey Halal Food Market is projected to witness growth at a CAGR of 9.1% during the forecast period, with a market size of USD 4383.37 million in 2024.
• The Nigeria Halal Food Market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 5351.78 million in 2024.
• The Rest of the MEA Halal Food Market is projected to witness growth at a CAGR of 8.6% during the forecast period, with a market size of USD 6014.39 million in 2024.

Halal Food Market Analysis

Halal Food Market Product Segment Analysis

According to Cognitive Market Research, Meat, Poultry, and Seafood stand out as the dominant category over the projected period. Islamic dietary regulations have led to a rise in the consumption of halal meats by Muslims, including lamb, shellfish, beef, and chicken. Halal meat products are characterized by stringent certification processes that ensure strict adherence to halal standards. This covers both processed and fresh meat products.

Dairy products emerge as the fastest-growing category in the Halal Food Market. Dairy products comprise a significant portion of the market and include cheese, butter, milk, and yogurt. The need for dairy products with halal certification has fueled the dairy segment's significant expansion. These items are a reliable option for customers worried about halal compliance and food safety because strict cleanliness and sourcing requirements are implemented to guarantee the integrity of these goods.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Halal Food Industry. Request a Free Sample PDF!

Halal Food Market Distribution Channel Segment Analysis

According to Cognitive Market Research, the dominant category is Supermarkets and hypermarkets due to their increasing popularity in urban and suburban areas. These retailers provide a huge assortment of halal products, ranging from packaged goods and snacks to fresh fruit and meats. They offer a one-stop shopping experience and convenience for customers seeking a variety of halal products. Moreover, several major supermarket chains provide their own branded halal-certified foods. Frequently, these establishments make investments to guarantee accurate halal certification and labeling, fostering trust among customers who need easy access to these goods in an advanced retail ambiance.

The fastest-growing category in the Halal Food Market is online distribution channels due to the advantages of e-commerce along with the potential to reach a worldwide customer base. Online retailers provide a wide selection of halal goods, including niche items that are only sometimes found in nearby stores. Through this channel, customers are able to browse and order halal cuisine from the ease of their homes, having it delivered directly to their door.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Nisha Deore

Research Analyst at Cognitive Market Research

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I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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