The Halal Food Market, estimated at USD 1,262.45 Bn in 2025, is expected to exhibit a CAGR of 12.8% and reach USD 2,933.44 Bn by 2032.
The Food and Beverages sector is driving global growth, balancing rising consumer demand for sustainable, healthier options with industry investments in digital transformation, e-commerce, and supply chain innovation.
The market is expected to witness significant growth over the forecast period, towing to increasing Muslim population across the globe coupled with rising consumption of halal food products worldwide. According to the Organization of Islamic Cooperation (OIC), meat products are considered as the most preferred diet of Muslims. Around 75% of the Muslim population in the U.S., and over 84% of Muslims in France consume halal food daily, apart from the other dietary products. These are the factors that are expected to drive growth of global halal food market over the forecast period.
Lack of global regulatory body for certification of halal food products is expected to hamper global halal food market growth. Some halal certification bodies includes government-owned and -linked enterprises, independent Halal certification bodies (HCBs), private organizations, National Standard Agencies, regional bodies such as The Gulf Cooperation Council GCC Standardization Organization (GSO), The Association of Southeast Asian Nations (ASEAN), and European Commission. While, international establishments including The Organization of Islamic Cooperation (OIC), and The Standards and Metrology Institute for the Islamic Countries (SMIIC) also help in certification halal products. However, in most Muslim-minority countries, the halal sector is not controlled by the government. Rather, the standards and certification are decided by Islamic organizations, mosques, and independent Home- and Community-Based Services HCBs. As a food industry sub-sector, halal is still subject to the health and safety regulations of the country. However, governments generally do not handle any specific halal-related issues. Moreover, the global halal food market is get impacted by covid19, For instance, changes in consumer behaviour, the pandemic has changes consumer behaviour, with more people opting for online shopping and home delivery. This has led to rise in online halal food retailers and e-commerce platforms selling halal food products.