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Al Islami Foods
Al-Falah Halal Foods Ltd.
American Halal Company, Inc.
BRF SA
Cargill, Incorporated
DagangHalal Group
Kawan Food Berhad
Midamar Corporation
Nema Food Company
Nestle SA
One World Foods Inc.
Prima Agri-Products
QL Foods
Rosen's Diversified Inc.
Saffron Road
Unilever
KTH
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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.
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; Nestle 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
Table of Contents
1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global Halal Foods Market Insights
4.1. Halal Foods Market - Market Snapshot
4.2. Halal Foods Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Technological Advancements in Halal Food Products
4.2.1.2. Increasing Popularity of Halal Cuisine
4.2.2. Restraints and Challenges
4.2.2.1. Lack of Standardization
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Halal Foods Market Application Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Halal Foods Market, by Product Type
5.1. Key Findings
5.2. Introduction
5.2.1. Global Halal Foods Market, by Product Type, 2020-2034 (USD Billion)
5.3. Raw Meat
5.3.1. Global Halal Foods Market, by Raw Meat, by Region, 2020-2034 (USD Billion)
5.4. Processed & Packed Food
5.4.1. Global Halal Foods Market, by Processed & Packed Food, by Region, 2020-2034 (USD Billion)
5.5. Bakery & Confectionery
5.5.1. Global Halal Foods Market, by Bakery & Confectionery, by Region, 2020-2034 (USD Billion)
5.6. Others
5.6.1. Global Halal Foods Market, by Others, by Region, 2020-2034 (USD Billion)
6. Global Halal Foods Market, by Distribution Channel
6.1. Key Findings
6.2. Introduction
6.2.1. Global Halal Foods Market, by Distribution Channel, 2020-2034 (USD Billion)
6.3. Supermarkets & Hypermarkets
6.3.1. Global Halal Foods Market, by Supermarkets & Hypermarkets, by Region, 2020-2034 (USD Billion)
6.4. Convenience Stores
6.4.1. Global Halal Foods Market, by Convenience Stores, by Region, 2020-2034 (USD Billion)
6.5. Online Stores
6.5.1. Global Halal Foods Market, by Online Stores, by Region, 2020-2034 (USD Billion)
6.6. Specialty Stores
6.6.1. Global Halal Foods Market, by Specialty Stores, by Region, 2020-2034 (USD Billion)
6.7. Others
6.7.1. Global Halal Foods Market, by Others, by Region, 2020-2034 (USD Billion)
7. Global Halal Foods Market, by Geography
7.1. Key Findings
7.2. Introduction
7.2.1. Halal Foods Market Assessment, By Geography, 2020-2034 (USD Billion)
7.3. Halal Foods Market - North America
7.3.1. North America: Halal Foods Market, by Product Type, 2020-2034 (USD Billion)
7.3.2. North America: Halal Foods Market, by Distribution Channel, 2020-2034 (USD Billion)