Growing global halal food market expected to reach over $4 trillion by 2031

From GlobeNewswire: 2025-05-16 08:54:00

The global halal food market is growing due to increased awareness of health benefits. Halal food complies with Islamic law, ensuring clean, safe, and religiously sound consumption. Market growth is projected to reach US$4,116.57 billion by 2031, with Asia Pacific leading in revenue. The report offers insights into market trends, distribution channels, and key players in the halal food industry.

The rise in the Muslim population worldwide has led to a growing demand for halal food products. Islam is the second-largest religion globally, with 1.8 billion followers. This demographic trend has increased the availability and consumption of halal-certified products, catering to the dietary preferences of Muslim consumers.

Halal tourism is a thriving industry that caters to Muslim travelers worldwide, leading to an increased demand for halal food options. Countries like Malaysia and Indonesia are popular destinations for halal tourism in Asia Pacific. The Middle East & Africa region is expected to experience the highest growth rate in the halal food market.

Key players in the halal food market include Nestlé, American Halal Company, and Al-Falah Halal Foods, among others. The industry is witnessing trends such as a demand for pre-packed halal meals and increased e-commerce activities. Consumers are seeking halal-certified snacks and meals, driving market growth and innovation in the sector.



Read more at GlobeNewswire: Halal Food Market Size to Grow by USD 4.12 Billion 2031,