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Yahoo
2 days ago
- Business
- Yahoo
Halal Food Market Size to Hit USD 6.49 Trillion by 2034
According to Towards FnB, the global halal food market size is evaluated at USD 2.99 trillion in 2025 and is forecasted to hit around USD 6.49 trillion by 2034, growing at a healthy CAGR of 9% during the forecast period from 2025 to 2034. The global halal food market is experiencing tremendous growth, driven by rising consumer demand for products that align with both religious and health-conscious preferences. Ottawa, July 30, 2025 (GLOBE NEWSWIRE) -- The global halal food market size stood at USD 2.74 trillion in 2024 and is expected to grow from USD 2.99 trillion in 2025 to around USD 6.49 trillion by 2034, expanding at a CAGR of 9% from 2025 to 2034, according to study published by Towards FnB, a sister firm of Precedence Research. The market has observed a huge growth in recent years due to the growing Muslim population demanding halal foods to respect their religious beliefs, along with globalization and rising health awareness. As the market evolves, companies and investors are presented with significant opportunities for growth and innovation. Note: This report is readily available for immediate delivery. We can review it with you in a meeting to ensure data reliability and quality for decision-making. Access the Full Study Instantly | Download Sample Pages of the Report Now@ Market Overview & Potential The halal food market has observed a huge boom in recent years due to the rising population of Muslims globally, further leading to the growth of halal-certified foods and beverages, fueling the growth of the market. The section involves the consumption of foods and beverages that are available as per the Islamic culture's ethics. The market is also observing a spike due to high awareness of halal standards in certain regions, along with the importance of clean eating. Growth of online/e-commerce platforms is also helping the growth of the halal food market due to the availability of separate sections comprising halal foods and beverages for the ease of consumers. The expanding retail sector is also helping the enhancement of the market. Quick Points: Halal Food Market Key Highlights By region, Asia Pacific dominated the halal food market in 2024 due to the high consumer inclination, demanding halal foods and beverages to respect their religious sentiments. By region, the Middle East and Africa are observed to be the fastest-growing regions in the foreseen period due to the rising Muslim population in the region, along with rising awareness about halal standards and ethically minded shoppers in the region. By product, the meat, poultry, and seafood segment dominated the halal food market in 2024 due to fulfilling the essential dietary needs of the Muslim population, whereas the dairy products segment is expected to grow in the foreseen period due to the high demand for halal-certified dairy products. By distribution channel. The supermarkets/hypermarkets segment dominated the halal food market in 2024, whereas the online/e-commerce platforms are expected to grow in the foreseen period due to halal e-markets allowing consumers to shop for halal certified products from the convenience of sitting at home. What are New Trends of the Halal Food Market? Higher demand for halal certification from the food and beverage industry for complete assurance of the halal standards of a food or beverage product is helping the growth of the market. It assures consumers about the quality and standard of the product for continued purchasing in the future. Innovation in the food and beverage industry is also helping the growth of the halal food market. Food brands and companies are replicating conventional meat with plant-based and halal-certified meat for vegans and people following plant-based diets. Globalization, allowing fusion of halal cuisines with the cuisines worldwide, is also helping the growth of the market to enhance the dining experiences of consumers. Sustainability in halal foods and beverages is also helping the growth of the market as consumer awareness about sustainability is growing in recent periods, further elevating the growth of the market globally. Growing awareness about health and wellness globally is also elevating the halal food market. The ethical practice involves health-conscious practices and hence is highly followed by consumers globally, elevating the market's growth. Healthy halal food options with options like low sugar and lower additives are also helping the growth of the market. Health-conscious consumers in search of nutritious and healthy foods form a huge consumer base for the market. According to Vidyesh Swar, Principal Consultant at Towards FnB, 'The demand for halal food products has far outpaced projections, driven by an increasing global focus on health, ethical consumption, and cultural inclusivity. This trend is reshaping the future of the global food industry.'' Top Countries in Halal Food Market: Insights & Potential Indonesia – The World's Largest Halal Consumer Market Government Initiatives: Indonesia's Halal Product Assurance Law mandates that all consumable products must be halal-certified, boosting domestic certification infrastructure. Local Industry: Strong presence of domestic halal-certified manufacturers in poultry, snacks, beverages, and instant noodles. Outlook: Aiming to become a global halal hub by 2025, with a growing halal certification and logistics ecosystem. Malaysia – Global Benchmark for Halal Certification Certification Leadership: The JAKIM certification system is internationally recognized for its strict halal standards. Export Strength: Major exporter of halal food products to the Middle East, EU, and ASEAN. Ecosystem Support: Government-backed Halal Industry Development Corporation (HDC) supports startups, logistics, and finance in halal production. Outlook: Malaysia positions itself as a leader in halal innovation and compliance, especially in processed foods and functional products. Saudi Arabia – High Domestic Demand & Strategic Importer Market Driver: One of the highest per capita consumers of halal meat and packaged food due to cultural and religious standards. Import Policies: Strict import guidelines ensure all food and beverages entering the country are certified halal. Regulatory Authority: The SFDA (Saudi Food and Drug Authority) works closely with global halal certifiers. Outlook: High spending power and a focus on premium halal goods, including organic and functional food segments. View Full Market Intelligence@ Role of AI in Halal Food Industry Artificial intelligence holds a significant role in the halal food market. From automated verification of food products to contamination detection, AI has offered easy way outs for enhancing halal compliance. AI is capable of verifying ingredients and products while streamlining the certification process. Additionally, artificial intelligence is able to detect non-halal substances or impurities in food items. Moreover, real-time monitoring and data analysis could be possibly performed with utmost precision with the help of AI models. Recent Developments in the Halal Food Market In May 2025, Kazan Forum 2025 began the year with the opening of its Kazan Halal Market to bring together halal producers, policy makers, and traders. The main aim of the market was to emphasize the growth of the global halal market for Russia and other Islamic countries. (Source- In April 2025, Korean budget airline Eastar Jet announced its expansion of meal options, including vegetarian and halal-certified food options for its international vegetarian and Muslim passengers. The main aim of the airline is to have vegetarian and halal-certified in-flight meal options for their international customers. (Source- Market Dynamics What are the Growth Drivers of the Halal Food Market?Multiple factors contribute to the growth of the halal food market globally. The rising Muslim population worldwide is one of the major growth factors of the market. The growing population, further creating high demand for halal-certified foods, is another major factor in the growth of the market. Rising awareness about the health benefits of halal-certified foods is also a growth factor in the market. Health-conscious consumers in search of tasty, nutritious, as well as halal certified foods form a huge consumer base for the market. Growing online and retail platforms with a separate halal foods section are also a major growth factor of the market in recent years. ChallengeLack of Proper Certification and Consumer Confidence Obstructing the Growth of the Market There are various issues creating restraints in the growth of the halal food market. Insufficient transparency and varying certification standards in different regions are one of the major restraints in the growth of the halal food market. It also leads to lower confidence of consumers to purchase from such brands with incomplete or unreliable certifications, lowering the growth of the market. It also hampers the international trade standards. Lack of proper certification organizations, unable to provide legal and complete halal certifications, is also a growth-restraining factor for the market. Opportunity High Demand for Halal-certified foods is helping the Growth of the Market in the foreseeable period. Halal foods are not just demanded by the Muslim community or regions these days, but are also demanded by people in search of clean foods and food options for a healthy lifestyle. Hence, such a conscious attitude of consumers helps to form a huge consumer base for the market, along with enhancing opportunities for the growth of the halal food market. Food businesses that wish to grow globally can tap into the halal segment for enhanced growth in the foreseeable period. Halal Food Market Regional Analysis Which Region Dominated the Halal Food Market in 2024? In 2024, the Asia Pacific region emerged as the dominant player in the global halal food market, capturing the largest market share due to its substantial Muslim population, growing middle class, and rising awareness about halal certification. The region also benefits from robust supply chains, government-backed halal promotion programs, and increasing availability of halal-certified products in mainstream retail and e-commerce platforms. Additionally, non-Muslim consumers in Asia are also contributing to the market by perceiving halal food as a symbol of cleanliness, safety, and quality. Looking ahead, the Middle East and Africa region is projected to experience the fastest growth in the halal food market during the forecast period. The region's growth is being accelerated by a combination of rising disposable incomes, rapid urbanization, and increasing consumer preference for certified halal products, even in traditional markets. Countries like Saudi Arabia, the United Arab Emirates, Egypt, South Africa, and Nigeria are investing heavily in improving halal logistics, certification infrastructure, and domestic production capacity to reduce reliance on imports. Halal Food Market Report Scope Report Attribute Key Statistics Base Year 2024 Forecast Period 2025 to 2034 Growth Rate from 2025 to 2034 CAGR of 9% Market Size in 2024 USD 2.74 Trillion Market Size in 2025 USD 2.99 Trillion Market Size by 2034 USD 6.49 Trillion Dominated Region Asia Pacific Fastest Growing Region Middle East and Africa Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East & Africa Investors and industry professionals are uniquely positioned to capitalize on the growth of the halal food market. With the sector poised for continued expansion, now is the time to explore investment opportunities, partnerships, and market entry strategies. Schedule a consultation with our expert team to uncover tailored insights that can help you navigate this lucrative market: Halal Food Market Segmental Analysis Product Type Analysis The meat, poultry, and seafood section dominated the halal food market in 2024, as such foods help to satisfy the basic nutrient and dietary needs of the Muslim community. Such foods are halal certified and hence are highly consumed by the Muslim population, further fueling the growth of the halal food market. The dairy products segment is observed to be the fastest growing in the foreseen period, helping the growth of the halal food market due to multiple reasons. High demand for halal-certified dairy products by the Muslim as well as non-Muslim community is one of the major factors in the growth of the market. Rising awareness about halal-certified products and their health benefits is also helping the market's growth. Health-conscious consumers in search of dairy products that are healthy and also halal-certified also form a huge consumer base for the market, fueling its growth. Rising demand for halal-certified dairy products due to the rising Muslim population, ethically-sourced foods, and sustainable food options also helps in the growth of the market. Distribution Channel Analysis The supermarkets/hypermarkets segment dominated the halal food market in 2024 due to various reasons contributing to the growth of the market. Such markets are situated near the residential areas and hence are easily accessible and preferred by consumers. Hence, it is one of the major factors in the growth of the halal food market. Such markets also have separate halal food and beverage sections for the convenience of the consumers, attracting more consumers towards such markets. Elegant ambience, loyalty programs, and private labels are also some of the factors aiding the growth of the halal food market. The online segment is expected to grow in the foreseen period due to the convenience factor of the platform, helping the market's growth. E-halal markets allow consumers to buy different types of halal-certified food options under one roof, from the convenience of sitting at home. It also helps consumers to buy different types of products at discounted prices, further fueling the growth of the halal food market. Such platforms are not time-restrained and hence can be accessed as per the requirements of the customers, aiding the market's growth. Feel Free to Get in Touch with Us for Orders or Any Questions at: sales@ Additional Topics Worth Exploring: Halal Food and Beverage Market: The global halal food and beverage market size is expected to grow from USD 2.72 trillion in 2025 to USD 5.44 trillion by 2034, at a CAGR of 8% over the forecast period from 2025 to 2034. Collagen Casings Market: The global collagen casings market is rising from USD 1.86 billion in 2025 to USD 3.19 billion by 2034. This projected expansion reflects a CAGR of 6.2% during the forecast period from 2025 to 2034. Food for Special Medical Purpose Market: The global food for special medical purpose market size is positioned for rapid expansion, with projected revenue increases over the next decade, spurred by the widespread efforts by key players across the globe. Natural Food Colorants Market: The global natural food colorants market size is projected to grow from USD 2.06 billion in 2025 to USD 3.96 billion by 2034, reflecting a CAGR of 7.5% over the forecast period from 2025 to 2034. Hemp-Based Foods Market: The global hemp-based foods market size is projected to climb USD 7.83 billion by 2025 to USD 19.24 billion by 2034, expanding at a CAGR of 10.5% during the forecast period from 2025 to 2034. Probiotics Animal Feed Market: The global probiotics animal feed market size is projected to witness strong growth from USD 5.44 billion in 2025 to USD 11.72 billion by 2034, reflecting a CAGR of 8.86% over the forecast period from 2025 to 2034. Feed Phosphate Market: The global feed phosphate market size is rising from USD 2.82 billion in 2025 to USD 4.75 billion by 2034. This projected expansion reflects a CAGR of 5.96% throughout the forecast period from 2025 to 2034. Key Players in Halal Food Market BRF SA Nestlé Al Islami Foods Cargill Crescent Foods QL Foods Saffron Road Tahira Foods Limited Kawan Food Berhad Midamar American Foods Group, LLC Al-falah Halal Foods Almarai DagangHalal plc JANAN MEAT Carrefour Global Food Industries JBS S.A. Tanmiah Food Company Prima Agri-Products PrimaBaguz Segments Covered in the ReportBy Product Meat, Poultry, and Seafood Fruits and Vegetables Dairy Products Cereals and Grains Oil, Fats, and Waxes Confectionery Others By Distribution Channel Traditional Retailers Supermarkets and Hypermarkets Online Others By RegionNorth America U.S. Canada Asia Pacific China Japan India South Korea Thailand Europe Germany UK France Italy Spain Sweden Denmark Norway Latin America Brazil Mexico Argentina Middle East and Africa (MEA) South Africa UAE Saudi Arabia Kuwait Thank you for exploring our insights. For more targeted information, customized chapter-wise sections and region-specific editions such as North America, Europe, or Asia Pacific—are also available upon request For Detailed Pricing and Tailored Market Report Options, Click Here: Feel Free to Get in Touch with Us for Orders or Any Questions at: sales@ Unlock expert insights, custom research, and premium support with the Towards FnB Annual Membership. For USD 495/month (billed annually), get full access to exclusive F&B market data and personalized guidance. It's your strategic edge in the food and beverage industry: About Us Towards FnB is a global consulting firm specializing in the food and beverage industry, providing innovative solutions and expert guidance to elevate businesses. With an in-depth understanding of the dynamic F&B sector, we deliver customized market analysis and strategic insights. Our team of seasoned professionals is committed to empowering clients with the knowledge needed to make informed decisions, ensuring they stay ahead of market trends. Partner with us as we redefine success in the rapidly evolving food and beverage landscape, and together, we'll navigate this transformative journey. Our Trusted Data PartnersPrecedence Research | Statifacts | Towards Packaging | Towards Chemical and Materials| Nova One AdvisorSign in to access your portfolio
CBC
5 days ago
- Business
- CBC
Winnipeg business owners cater to community at city's first halal food festival
Members of the Muslim community in Winnipeg say halal food options in the city have been expanding in recent years, as many gathered at the city's first halal food festival on Saturday. Event organizer Sadna Isik said the Halal Food Fest and Business Expo, held at the St. Norbert Community Centre and Arena on Saturday afternoon, was the first of its kind in Winnipeg. She told Weekend Morning Show host Nadia Kidwai that more than 50 businesses, both new and established, were registered to attend the event. "We are bringing all the food, and non-food and non-profit organizations together and empower them," Isik said on Saturday. She said it was hard to find halal food — halal refers to the way meat is slaughtered and prepared according to Muslim religious guidelines — in Winnipeg when she first moved to the city as a graduate student in 2014. "We have a growing halal food community," Isik said. But still, she noted that 12 vendors had to be removed from participating in the event, due to lack of access to halal-compatible licensed kitchens, or any kitchen at all. Those vendors were from Turkish, Afghan, Nigerian and Algerian communities, she said, highlighting the need for more support and opportunities from the province for small halal businesses. Ameen Ul Haque, who moved from Karachi, Pakistan, to Winnipeg three years ago, said he wanted to fill a gap in the local market for halal-friendly barbecue dishes. He has been running the Kolachi Kitchen, which serves halal cheeseburgers alongside classic Pakistani dishes like chicken biryani, for just over a year. "The idea came in my mind, let's start with the Kolachi Kitchen and serve the community with the halal food," Ul Haque said. "Everybody is looking for the halal food." He said he's proud to serve Karachi-style chicken biryani in Winnipeg, when no-one else appears to be selling halal barbecue items on their menus. "Everybody loves it. They are really happy and that's the reason we are here," he said, adding events like the food festival can help community members learn more about what halal options are available in the city. Adbur Rahim, who owns Bubble Wave tea in the Charleswood neighborhood, said his business offers the only halal-friendly bubble tea in town. Rahim said bubble tea drinks typically use gelatin, which is often made from collagen in the skin and bones of pigs or other animals. Pig gelatin is one of the most common types of gelatin and pork products are not halal. "Canada is a multicultural country, so to serve different communities, it's good to have different options," he said, adding that his company's bubble tea is also suitable for vegans and vegetarians. He said there were very few restaurants that offered halal options when he first moved to Canada from Bangladesh in 2014. Now places like Boston Pizza, Mary Brown's Chicken and Kentucky Fried Chicken all serve halal food. "Everyday it is increasing," Rahim said. Ruchie Rai was at the St. Norbert Community Centre to support her mother-in-law's business and check out the food vendors alongside husband Zaid Usman. She said there was "barely any halal food" when she moved to Winnipeg as an international student in 2012. "In the beginning, there weren't a lot of options. But it's growing, which is amazing. There's opportunities now for us to eat outside more," Rai said. "The more options we have the better," Usman said.
Yahoo
13-06-2025
- Entertainment
- Yahoo
Twilight: Flea & Feast returns from 13-15 Jun at Suntec with food, fashion & free cotton candy
The halal food and flea market inspired by Australia's hawker markets is back for its second edition this year from 13 to 15 Jun at the Suntec Singapore Convention & Exhibition Centre Halls 403 & 405. At the Twilight: Flea & Feast, treat yourself to a tantalising selection of food while exploring fashion, beauty products and more from over 200 brands. Beyond shopping, there is a lineup of activities, including screenings, live music shows, arcade games, face painting and bouncy castles to keep the little ones out of your hair. Here are some highlights. Admission is free but you'll have to pay for whatever you buy. Confuzion Foodiez (Booths Y04 & Y05) is shaking things up with its first-ever air ikat tepi (beverage in a plastic bag tied on one side), now in flavours such as chocolate, durian and grape. If you haven't heard of their viral drink, it's time for you to jump onto the hype. Haven't gotten enough of the sweetness from the air ikat tepi? Go over to Zesty Açaí (Booth Z05) for a refreshing treat that's good for your belly and your feed. Their Açaí Bowls are ideal for a post-makan cool-down, topped with fresh fruit, granola and more. From purpose-driven tees to soul-soothing fabrics, Twilight: Flea & Feast is your go-to spot for standout styles. Whether you're shopping for the fit, the fragrance, or the feels, these brands are set to meet you at the intersection of fashion, culture and self-expression. Vendors include Indian fashion wear brand The Fashion Silk (Booth E11), which has a range of styles, from traditional sarees and lehengas to modern western and fusion wear, including plus size options and Whiff SG (Booth M14), which sells affordable perfumes. Twilight: Flea & Feast is partnering with Snap Balloon to give away free cotton candy to the first 100 kids each day. It's the ultimate school holiday outing, so go for the food, fun, shopping and stay for the sugar rush. What to do in Jun 2025: i Light, Flipside, Go Green SG & more The post Twilight: Flea & Feast returns from 13-15 Jun at Suntec with food, fashion & free cotton candy appeared first on
New York Times
29-05-2025
- General
- New York Times
Chicken and Rice Forever
It's been brought to my attention that I have a problem with overusing superlatives: Santa Fe is the best city I've ever been to, that's the coolest pair of shoes I've ever seen, that's the funniest thing you've ever said. I'm the boy who cried 'best.' So you're within your rights to question my raves — except when it comes to chicken and rice. Then I really, really mean it. Chicken and rice, chicken and rice, how I love thee. You are my two favorite foods, separately and, more important, together. The fact that nearly every culture has a version of chicken and rice is a testament to its nature: lovable, exalted, unrivaled. Dare I say, the best. Here are three versions that make my heart whir. There are so many halal carts in Midtown that have done me right over the years. Before the pandemic, mind you, there was a time when I spent five days a week in Times Square. Royal Grill Halal Food isn't the closest to The Times's newsroom, but, on a Reddit suggestion, I trotted out in the rain for a white plastic container of exactly what the two people ahead of me ordered: chicken over rice with white sauce, green sauce and hot sauce. My preferred amount of sauce is the amount that, at first glance, makes this a soup. (…slop?) But unearth the tender yellow rice and burnished, fiery (like, actually spicy!) chicken buried underneath and the ratio works itself out just fine. 44th Street (6th Avenue) Want all of The Times? Subscribe.
