The halal food market size is anticipated to surpass US$ 1,291,429.8 million in 2023 and is likely to attain a valuation of US$ 3,229,805.32 million by 2033. The halal food market share is projected to thrive at a CAGR of 9.6% from 2023 to 2033.

The global halal food market is set to exceed $1.2 trillion in 2023, reaching an estimated $3.2 trillion by 2033. Halal-certified cosmetics and personal care products are breaking cultural boundaries, attracting non-Muslim consumers due to perceived safety, ethical sourcing, and healthy attributes, expanding the market beyond its traditional audience.

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The demand for natural and organic products around the world and the halal beauty market are closely tied. Many halal personal care businesses place a premium on using unadulterated, natural goods as opposed to synthetic ones. This is consistent with customers’ growing choice for beauty and grooming products that are health-conscious. Given the parallels between halal and natural/organic goods, a market segment that caters to consumers who are health-conscious is growing.

Key Takeaways from the Halal Food Market Report

The global market size stood at US$ 1,098,216.6 million in 2018.The market expanded at a CAGR of 3.1% from 2018 to 2022.In 2022, the global market size stood at US$ 1,241,759.4 million.In 2022, the conventional segment gained 87.9% of the global halal food market shares.In 2022, the meat, poultry, and seafood segment captured 56.4% of the halal food market shares.

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Halal Food Market Segmentation

By Nature:

OrganicConventional

By Product Type:

Meat, Poultry, and SeafoodDairy ProductsFruits, Nuts and VegetablesFats, Oils and WaxesGrains and CerealsBeveragesOthers

By Application:

Food & BeveragesNutraceuticals & Dietary SupplementsInfant FormulaAnimal Feed IndustryOthers

The halal food market size is anticipated to surpass US$ 1,291,429.8 million in 2023 and is likely to attain a valuation of US$ 3,229,805.32 million by 2033. The halal food market share is projected to thrive at a CAGR of 9.6% from 2023 to 2033.

The global halal food market is set to exceed $1.2 trillion in 2023, reaching an estimated $3.2 trillion by 2033. Halal-certified cosmetics and personal care products are breaking cultural boundaries, attracting non-Muslim consumers due to perceived safety, ethical sourcing, and healthy attributes, expanding the market beyond its traditional audience.