Halal Food Market Forecast: Key Players, Mergers, and Market Expansion Strategies

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Halal Food Market Forecast: Key Players, Mergers, and Market Expansion Strategies

preeti mmr
The Halal Food Market size was valued at USD 2631.48 Billion in 2024 and the total Halal Food revenue is expected to grow at a CAGR of 12.5% from 2025 to 2032, reaching nearly USD 6751.83 Billion.
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Market Summary
Market Size (2024): USD 2631.48 Billion

Forecast (2032): USD 6751.83 Billion

CAGR (2025–2032): 12.5%

Base Year: 2024

Forecast Period: 2025–2032

👉 Interpretation:
This reflects a strong double-digit CAGR, highlighting the robust global demand for halal-certified products across both Muslim and non-Muslim consumers. The market is expected to add over USD 4.1 trillion in value by 2032 — signaling immense business potential.

Market Overview & Drivers
✅ Key Drivers:
Rising Global Muslim Population

Expected to reach 2.9 billion by 2030 (approx. 30% of the global population).

This demographic trend directly drives halal consumption.

Increased Focus on Food Safety and Hygiene

Halal products are perceived as cleaner, more ethical, and safer.

Growing health-conscious consumers in non-Muslim countries are boosting demand.

Urbanization & Organized Retail Growth

Supermarkets & hypermarkets dominate (56% market share in 2024).

Expansion of e-commerce (21% share) supports digital halal food sales.

Government Support and Regulation

E.g., Indonesia’s mandatory halal certification (2019).

Standardized frameworks increasing transparency and consumer confidence.

Technological Integration

Blockchain and halal testing labs improving traceability and authenticity.

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Market Challenges
Lack of Global Standardization

Varying halal certification norms across nations create barriers to international trade.

Certification costs and regulatory complexity hinder SME participation.

Limited Availability in Non-Islamic Countries

Despite rising demand, supply networks remain constrained.

Especially true in Japan, where cultural unfamiliarity and high costs limit penetration.

High Production & Certification Costs

Smaller food producers struggle with the cost of halal compliance.

Leads to limited diversification of halal-certified offerings.

Segment Analysis
By Product Type
Based on Product Type, The Global Halal Food Market is segmented into Cereals and grains, Fruits and vegetables, Milk and dairy Products, Meat and Poultry and seafood, etc. The Meat Food segment held the largest Halal Food market share of 7 % in 2024. According to the expanding Islamic population, halal-labeled beef products are expected to become more and more popular. The Organization of Islamic Cooperation (OIC) is in a strong position to lead the charge in creating a global standard for these foods because of its founding.
By Distribution Channel
Based on Distribution Type, Convenience stores, specialty stores, e-commerce, supermarkets & hypermarkets, and others make up the segments of The Global Halal Food Market.  In 2024, with a 56% share in Global Halal Food Market by Distribution Channel, the Supermarkets & Hypermarkets category had the most share. Around 54% of people are live in cities, according to statistics from the United Nations. So, rising development of urbanization is the main factor boosting the growth of the hypermarket and supermarket industries. Additionally, in 2024, the E-Commerce or Online sales category had the second-largest market share 21%, due to the wide variety of halal items available and the rising popularity of internet shopping.
By Product Base
By product Base, There are many types of starch rare available in market but halal food market and food manufacturers are certified only Native and modified Starch. Halal Modified or native Starch is a kind of refined starch that is sold as white powder and is made from corn or other crops Like Maize, this Modified Starch are replace with Arabic Gum. This food additive is generally accepted to be halal because it is made of plant-derived substances and beneficial to people who are health conscious following the plant based diet, and this Key plays a vital role in Global Market.

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Halal Food Market, by Region

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (razil, Argentina Rest of South America)

Key Players:
1. Nestle S.A. Nestlé S.A. (Switzerland)
2. Cargill, Incorporated (U.S.)
3. Al Islami Food (Dubai)
4. BRF S.A.
5. QL Foods Sdn Bhd
6. Yildiz Holding
7. Kellogg’s Company
8. WH Groups Ltd.
9. Neema Food Company
10. Kawan Food Manufacturing Sdn Bhd (Malaysia)
11. Midamar Corporation
12. Saffron Road Industries (U. S.)
13. Sierra Meet Industries
14. Tahira Food
15. Chicken Cottage (UK)
16. Beijing Shunxin Agriculture
17. Jingyitai Halal Food
18. Humza Foods
19. Raj Foods
20. Azzayt SLU
21. Forward Farma BV
22. Udine

Key Trends Shaping the Future
🌿 Rise of Plant-Based Halal Products – Growing vegan and flexitarian populations aligning with halal compliance.

📦 Expansion of Halal E-commerce Platforms – Digital halal marketplaces (e.g., HalalWorld, OneAgrix).

🧠 Consumer Awareness Campaigns – Educating non-Muslims on ethical and quality aspects of halal food.

🔗 Blockchain for Transparency – Traceability from farm to fork to strengthen consumer trust.

🌎 Global Certification Harmonization Efforts – OIC-led initiatives to unify halal standards.

Strategic Insights
For Businesses:

Invest in certification partnerships (e.g., JAKIM, MUI).

Diversify product portfolios with value-added halal snacks & beverages.

Use e-commerce and social media marketing to reach younger demographics.

For Policymakers:

Support SMEs with subsidies for certification.

Promote international recognition of national halal standards.

Conclusion
The Global Halal Food Market (2025–2032) is on a strong growth trajectory, driven by demographics, health awareness, and globalization of halal standards. Despite certification challenges and regional disparities, the market’s momentum is undeniably strong, offering vast opportunities across retail, FMCG, hospitality, and e-commerce sectors.

Frequently Asked Questions
1. Which region has the largest share in Global Halal Food Market?

2. What was the Global Halal Food Market size in 2024?

3. What is scope of the Global  market report?

4. Who are the key players in Global market?

5. What is the study period of this market?

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