However, food products are what is typically known for being halal. 3 unexpected ways inflation affects our finances. Alcohol and pork derivatives could be embedded in all kinds of products that need to be identified and avoided for food products to be considered Halal. Are you interested in testing our corporate solutions? In 2020, global leader Malaysia obtained a halal Food Indicator (HFI) index score of 209.8. (Source:Statista). Do we need professional help? In both the United States and across the world, halal food and products are growing rapidly in popularity. Accounting for the Muslim faith as the fastest growing religion in the world and that it is the second largest religion in the world currently, the global halal food industrys market revenue is projected to be at $2.04 trillion by 2027. You can only download this statistic as a Premium user. Show publisher information Our aim is to provide the best solution that matches the exact customer requirements. Worldwide, the Islamic population will rise to 30% of the global population by 2030. Inquire more and share questions if any before the purchase on this report at -https://www.360researchreports.com/enquiry/pre-order-enquiry/19998444, Detailed TOC of Global Halal Food Market Insights and Forecast to 2028, 1 Halal Food Market Overview1.1 Product Overview and Scope of Halal Food1.2 Halal Food Segment by Type1.2.1 Global Halal Food Market Size Growth Rate Analysis by Type 2022 VS 20281.3 Halal Food Segment by Application1.3.1 Global Halal Food Consumption Comparison by Application: 2022 VS 20281.4 Global Market Growth Prospects1.4.1 Global Halal Food Revenue Estimates and Forecasts (2017-2028)1.4.2 Global Halal Food Production Estimates and Forecasts (2017-2028)1.5 Global Market Size by Region1.5.1 Global Halal Food Market Size Estimates and Forecasts by Region: 2017 VS 2021 VS 20281.5.2 North America Halal Food Estimates and Forecasts (2017-2028)1.5.3 Europe Halal Food Estimates and Forecasts (2017-2028)1.5.4 China Halal Food Estimates and Forecasts (2017-2028)1.5.5 Japan Halal Food Estimates and Forecasts (2017-2028)1.5.6 South Korea Halal Food Estimates and Forecasts (2017-2028), 2 Market Competition by Manufacturers2.1 Global Halal Food Production Market Share by Manufacturers (2017-2022)2.2 Global Halal Food Revenue Market Share by Manufacturers (2017-2022)2.3 Halal Food Market Share by Company Type (Tier 1, Tier 2 and Tier 3)2.4 Global Halal Food Average Price by Manufacturers (2017-2022)2.5 Manufacturers Halal Food Production Sites, Area Served, Product Types2.6 Halal Food Market Competitive Situation and Trends2.6.1 Halal Food Market Concentration Rate2.6.2 Global 5 and 10 Largest Halal Food Players Market Share by Revenue2.6.3 Mergers and Acquisitions, Expansion, 3 Production by Region3.1 Global Production of Halal Food Market Share by Region (2017-2022)3.2 Global Halal Food Revenue Market Share by Region (2017-2022)3.3 Global Halal Food Production, Revenue, Price and Gross Margin (2017-2022)3.4 North America Halal Food Production3.4.1 North America Halal Food Production Growth Rate (2017-2022)3.4.2 North America Halal Food Production, Revenue, Price and Gross Margin (2017-2022)3.5 Europe Halal Food Production3.5.1 Europe Halal Food Production Growth Rate (2017-2022)3.5.2 Europe Halal Food Production, Revenue, Price and Gross Margin (2017-2022)3.6 China Halal Food Production3.6.1 China Halal Food Production Growth Rate (2017-2022)3.6.2 China Halal Food Production, Revenue, Price and Gross Margin (2017-2022)3.7 Japan Halal Food Production3.7.1 Japan Halal Food Production Growth Rate (2017-2022)3.7.2 Japan Halal Food Production, Revenue, Price and Gross Margin (2017-2022)3.8 South Korea Halal Food Production3.8.1 South Korea Halal Food Production Growth Rate (2017-2022)3.8.2 South Korea Halal Food Production, Revenue, Price and Gross Margin (2017-2022), 4 Global Halal Food Consumption by Region4.1 Global Halal Food Consumption by Region4.1.1 Global Halal Food Consumption by Region4.1.2 Global Halal Food Consumption Market Share by Region4.2 North America4.2.1 North America Halal Food Consumption by Country4.2.2 United States4.2.3 Canada4.3 Europe4.3.1 Europe Halal Food Consumption by Country4.3.2 Germany4.3.3 France4.3.4 U.K.4.3.5 Italy4.3.6 Russia4.4 Asia Pacific4.4.1 Asia Pacific Halal Food Consumption by Region4.4.2 China4.4.3 Japan4.4.4 South Korea4.4.5 China Taiwan4.4.6 Southeast Asia4.4.7 India4.4.8 Australia4.5 Latin America4.5.1 Latin America Halal Food Consumption by Country4.5.2 Mexico4.5.3 Brazil, 5 Segment by Type5.1 Global Halal Food Production Market Share by Type (2017-2022)5.2 Global Halal Food Revenue Market Share by Type (2017-2022)5.3 Global Halal Food Price by Type (2017-2022), 6 Segment by Application6.1 Global Halal Food Production Market Share by Application (2017-2022)6.2 Global Halal Food Revenue Market Share by Application (2017-2022)6.3 Global Halal Food Price by Application (2017-2022), 7 Key Companies Profiled7.1 Company 17.1.1 Company 1 Halal Food Corporation Information7.1.2 Company 1 Halal Food Product Portfolio7.1.3 Company 1 Halal Food Production, Revenue, Price and Gross Margin (2017-2022)7.1.4 Company 1 Main Business and Markets Served7.1.5 Company 1 Recent Developments/Updates, 8 Halal Food Manufacturing Cost Analysis8.1 Halal Food Key Raw Materials Analysis8.1.1 Key Raw Materials8.1.2 Key Suppliers of Raw Materials8.2 Proportion of Manufacturing Cost Structure8.3 Manufacturing Process Analysis of Halal Food8.4 Halal Food Industrial Chain Analysis, 9 Marketing Channel, Distributors and Customers9.1 Marketing Channel9.2 Halal Food Distributors List9.3 Halal Food Customers, 10 Market Dynamics10.1 Halal Food Industry Trends10.2 Halal Food Market Drivers10.3 Halal Food Market Challenges10.4 Halal Food Market Restraints, 11 Production and Supply Forecast11.1 Global Forecasted Production of Halal Food by Region (2023-2028)11.2 North America Halal Food Production, Revenue Forecast (2023-2028)11.3 Europe Halal Food Production, Revenue Forecast (2023-2028)11.4 China Halal Food Production, Revenue Forecast (2023-2028)11.5 Japan Halal Food Production, Revenue Forecast (2023-2028)11.6 South Korea Halal Food Production, Revenue Forecast (2023-2028), 12 Consumption and Demand Forecast12.1 Global Forecasted Demand Analysis of Halal Food12.2 North America Forecasted Consumption of Halal Food by Country12.3 Europe Market Forecasted Consumption of Halal Food by Country12.4 Asia Pacific Market Forecasted Consumption of Halal Food by Region12.5 Latin America Forecasted Consumption of Halal Food by Country, 13 Forecast by Type and by Application (2023-2028)13.1 Global Production, Revenue and Price Forecast by Type (2023-2028)13.1.1 Global Forecasted Production of Halal Food by Type (2023-2028)13.1.2 Global Forecasted Revenue of Halal Food by Type (2023-2028)13.1.3 Global Forecasted Price of Halal Food by Type (2023-2028)13.2 Global Forecasted Consumption of Halal Food by Application (2023-2028)13.2.1 Global Forecasted Production of Halal Food by Application (2023-2028)13.2.2 Global Forecasted Revenue of Halal Food by Application (2023-2028)13.2.3 Global Forecasted Price of Halal Food by Application (2023-2028), 15 Methodology and Data Source15.1 Methodology/Research Approach15.1.1 Research Programs/Design15.1.2 Market Size Estimation15.1.3 Market Breakdown and Data Triangulation15.2 Data Source15.2.1 Secondary Sources15.2.2 Primary Sources15.3 Author List15.4 Disclaimer, Purchase this report (Price 4900 USD for a single-user license) -https://www.360researchreports.com/purchase/19998444. The global halal food market size reached US$ 2,221.3 Billion in 2022. By 2027, the market revenue for the global halal food industry is projected to be at $2.04 trillion. Fine dining Halal food at Benares, Mayfair. https://www.360researchreports.com/enquiry/request-sample/19998444, https://www.360researchreports.com/enquiry/pre-order-enquiry/19998444, https://www.360researchreports.com/purchase/19998444, Halal Food Market 2023 Statistics, Latest Trends, Industry Share, Growth Drivers, Size Estimate and Forecast till 2028. Then you can access your favorite statistics via the star in the header. Total Starbucks locations globally 2003-2022, U.S. beer market: leading domestic beer brands 2017, based on sales, Revenue and financial key figures of Coca-Cola 2009-2021, Profit from additional features with an Employee Account. The Muslim faith believes that there is one god, Allah, and Muhammed is a Prophet of Allah (peace be upon him). 4. Catering. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Health Market Outlook facts. You need at least a Starter Account to use this feature. Nutritional Values Chart. The global halal market is seeing tremendous growth in several countries that have not been favorable to the halal market in the past, and this growth will continue as the Muslim community continues to grow across the world. "Major growth opportunities of halal food market worldwide as of 2016*." 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The Global Halal Food market Report provides In-depth analysis on the market status of the Halal Food Top manufacturers with best facts and figures, meaning, Definition, SWOT analysis, PESTAL analysis, expert opinions and the latest developments across the globe., the Halal Food Market Report contains Full TOC, Tables and Figures, and Chart with Key Analysis, Pre and Post COVID-19 Market Outbreak Impact Analysis and Situation by Regions. The increasing Muslim population worldwide and growing concern regarding food safety, hygiene, and reliability will drive the market in the forecast period. Recipe Name Calories Calories from Fat Total Fat . If you are an admin, please authenticate by logging in again. Please create an employee account to be able to mark statistics as favorites. You only have access to basic statistics. , Jan 10, 2018. Without a doubt, a common concern that Muslims all over the world share is halal food, especially when majority of the country do not follow the same dietary restrictions. The major global companies of Halal Food include Nestle, Cargill, Nema Food Company, Midamar, Namet Gida, Banvit Meat and Poultry, Carrefour, Isla Delice, Casino, Tesco, Halal-ash, Al Islami Foods, BRF, Unilever, Kawan Foods, QL Foods, Ramly Food Processing, China Haoyue Group, Arman Group, Hebei Kangyuan Islamic Food, Tangshan Falide Muslim Food, Allanasons Pvtetc. The global halal food market is expected to grow from $1134.14 billion in 2021 to $1290.35 billion in 2022 at a compound annual growth rate (CAGR) of 13.8%. Dec 07, 2022 (The Expresswire) -- to incorporate the statistic into your presentation at any time. According to the survey, 13 percent of . Currently, you are using a shared account. Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this industry. to incorporate the statistic into your presentation at any time. Should I use all my inheritance for a down payment. Several methodologies and analyses are used in the research report to provide in-depth and accurate information about the Halal Food Market. 360 Research Reports is the credible source for gaining the market reports that will provide you with the lead your business needs. Show all statistics (3) Halal food. Short Description About Halal Food Market: The Global Halal Food market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2028. Please create an employee account to be able to mark statistics as favorites. 8. The tenants of the religion are derived from the Quran (book of God) and Hadith (teachings of the Prophetpeace be upon him). Profit from the additional features of your individual account. We hope by educating the food industry and the consumers it serves on correct halal facts and statistics, they. The amount contributed by Food and Beverages was RM19.5 billion, Halal Ingredient was the second largest contributor at RM11.0 billion, followed by Oil Palm Derivatives with recorded RM 5.0 billion. Halal simply means "lawful" or "permitted" in Arabic and, as it pertains to food, refers to what Muslims can eat, what ingredients are allowed in meals, and how animals must be slaughtered to guarantee lawful consumption. Can Muslims Eat Kosher. The Islamic faith is the fastest growing . Within the overall halal consumer market, food . Corporate solution including all features. Are you interested in testing our corporate solutions? Global halal industry market share worldwide by sector 2018-2024. The global halal food and beverage market size was valued at USD 774.93 billion in 2021 and is expected to witness a compound annual growth rate (CAGR) of 3.6% from 2022 to 2030. I sold my late mothers home for $250,000. Once people are educated on the truth about halal products, they will understand the need for a larger halal industry and realize the positive economic impact the expanded halal industry will have on the global economy. Halal Food Market is further classified on the basis of region as follows: This Halal Food Market Research/Analysis Report Contains Answers to your following Questions. Global market value of halal food 2017-2023. The ideal entry-level account for individual users. Get quick analyses with our professional research service, Toplists & Rankings: Best Employers Portal. Halal Food Market Report identifies various key players in the market and sheds light on their strategies and collaborations to combat competition. Contact the source provider Comtex at editorial@comtex.com. 6. Recognized as a modern Muslim nation, Malaysia is well positioned to be an international halal food hub in . facts. (Source:Statista). According to projections from the Pew Research Centre, the Muslim population in the UK is set to triple in 30 years, rising from 4.1m in 2016 to 13m in 2050. Between 2019-2024, the global halal market is projected to have a CAGR of approximately 11%. With more companies seeking to carry halal food products and restaurants seeking halal certification to serve halal dining choices, the American halal food market will continue to grow. By Ruzanna Muhammad. (Source:NPR). Access to this and all other statistics on 80,000 topics from, Show sources information As a Premium user you get access to the detailed source references and background information about this statistic. Even though halal food has been around for centuries, halal food and certifications are still fairly new in the United States, due to the increase of the Muslim religion in recent years. The global market for Halal Food is estimated to increase from USD million in 2022 to USD million by 2028, at a CAGR of % during the forecast period of 2022 through 2028.Report Scope This report aims to provide a comprehensive presentation of the global market for Halal Food, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Halal Food. Shah's Halal 138-62 94th Ave. Jamaica, NY 11435. shahshalalfood@yahoo.com. Learn more about how Statista can support your business. Muslims constitute almost 16% of the population. For people to eat halal food, they must purchase the food from restaurants and grocery stores who purchase the food from manufacturers certified in the halal process. The source does not specify the date of the survey. These restaurants serve a wide range of foods, and many feature dishes from various regions of the world. In the United States, the Islamic faith has grown in popularity and will continue to grow as the Muslim religion is the fastest growing religion in the world. According to the Pew Research Center, if the current trends Governance (Halal regulations and certification requirements),
Because of the care involved in the raising and killing of animals to be used . With many Muslims around the world, halal food can be found in pretty much every major form of cuisine. Please create an employee account to be able to mark statistics as favorites. You need at least a Starter Account to use this feature. Because there is a limited number of American stores and restaurants carrying halal products, these establishments will be well-supported by the Islamic community, and because of their success, other stores and restaurants will follow. As soon as this statistic is updated, you will immediately be notified via e-mail. This statistic is not included in your account. Use Ask Statista Research Service, global survey across each core pillar of the Islamic economy. You can only download this statistic as a Premium user. The continued annual growth rate for halal food is expected to be 3.5 percent between 2019 and 2024, with the estimated value forecasted to reach $1.38 trillion per year in 2024. As soon as this statistic is updated, you will immediately be notified via e-mail. In, Thomson Reuters. The halal food market is expected to . When it comes to food and . A Halal restaurant is one that serves food prepared according to Islamic dietary laws. As a Premium user you get access to background information and details about the release of this statistic. Looking forward, IMARC Group expects the market to reach US$ 3,907.7 Billion by 2027, exhibiting a CAGR of 11.24% during . The indicator does not focus on the overall size and growth trajectory of a country in the Halal Food sector; instead it evaluates them on relative strengths of the ecosystem they have for the development of the sector. Then you can access your favorite statistics via the star in the header. Published by Statista Research Department , Oct 3, 2016. (October 3, 2016). 5. With an increase of Islamic worshippers, the markets in western countries will see substantial growth and companies will expand to sell more halal products. From 2012 to 2015, the American demand for halal meat and food products rose by 15%. Register in seconds and access exclusive features. About Us. Order Online. It is expected to expand at a compound annual growth rate (CAGR) of 8.4% from 2020 to 2027. Worldwide halal food progressions. Certified by Halal Food Council U.S.A . This statistic is not included in your account. Gaslighters have two signature moves: Are you being gaslighted at work? One example is Singapore. The report also discusses technological trends and new product developments. The global halal food market size is expected to grow from $1134.14 billion in 2021 to $1290.35 billion in 2022 at a compound annual growth rate (CAGR) of 13.8%. In 2021, the world's top three vendors accounted for approximately % of the revenue. Hexa Research says, last year the halal food market already made a value of $1.4 trillion and is set to achieve $2.55 trillion by 2024. In . The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Halal is a dietary law derived from Islamic teachings, meaning "lawful or permitted.". UK Halal Market. 1. Dec 3, 2019. Allergen Chart . Halal food is a standard of preparation, rules, and customs, that are formulated under the Islamic guidelines for nutrition. Food ingredients like flavors, oils, enzymes in cheese, and a variety of other derivatives plus new technologies used in food processing have further complicated the picture. In future years, the demand for more halal products and dining options will continue to rise because the Muslim faith community is growing. The rising Muslim population across the world is significantly contributing to . What is HACCP and Why Does the Food Industry Like Its Principles? Please do not hesitate to contact me. ET In regards to food, Halal is the set of standards that determine whether or not a product meets Islamic dietary restrictions. In addition, we are always willing to comply with the study, which triangulated with your own data to make the market research more comprehensive in your perspective. As western countries seek to carry halal food products and become certified to serve halal food choices, halal food will continue to account for a large percentage of the global halal industry market share. The demand for halal food products will increase the economy for both the American economy and the global halal food industry. COVID-19 Updates & Delivery Information. On the contrary, foods that are not considered halal are considered haram or "not permitted . The global halal industry is seeing an influx of grocery stores carrying halal products and food manufacturers seeking halal certification, and many of these new establishments providing halal food options are in different countries, like the United States, which is raising the market revenue for the global halal food industry. "Halal Food Market" Insights 2022 - By Applications (Restaurant, Hotel, Home, Others), By Types (Fresh Products, Frozen Salty Products, Processed Products, Others), By Segmentation analysis, Regions and Forecast to 2028. Profit from the additional features of your individual account. Now, one can find an array of products . Browse Detailed TOC, Tables and Figures with Charts that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector. Because the global halal market is continuing to expand and has seen increased revenue, the compound annual growth rate (CAGR) is projected to be at 11% for 2019-2024. The global halal food market reached a value of US$ 1,978 Billion in 2021. Corporate solution including all features. Global halal food index score 2020, by country. The Indicator equally weights fours metric categories and has the following metrics for each:
What is Halal Food? College of Agriculture, Food and Natural Resources (MU) Division of Applied Social Sciences (MU) Department of Agricultural Economics (MU) Economics and Management of Agrobiotechnology Center (MU) AgBioForum (Journal) AgBioForum, vol. Please do not hesitate to contact me. You need a Statista Account for unlimited access. Halal . 3. Aside from promoting the heritage . HFC-USA has operated in the United States since 1984, providing the following halal certification services: Meat & Poultry Halal Certification. The MarketWatch News Department was not involved in the creation of this content. Awareness of halal products is on the rise. Learn more about how Statista can support your business. What is Halal Food? August 15, 2017. Accessed December 11, 2022. https://www.statista.com/statistics/784921/halal-food-global-market-opportunities/, Thomson Reuters. This was based on factors including the trade of halal . "Forecasted market value of halal food in the United States in 2016 and 2021 (in billion U.S. Dry Goods Halal Certification. Get full access to all features within our Corporate Solutions. * 172 responses were received across core geographies and sectors, with Malaysia, the UK, the U.S. and the UAE accounting for just under 50 percent of total responses. (Source:Grand View Research). Corporate solution including all features. Access to this and all other statistics on 80,000 topics from, Show sources information Chart. statistic alerts) please log in with your personal account. Currently, you are using a shared account. Moreover, it helps new businesses perform a positive assessment of their business plans because it covers a range of topics market participants must be aware of to remain competitive. The global halal food market reached a value of US$ 1,978 Billion in 2021. Show publisher information ", Business Wire, Forecasted market value of halal food in the United States in 2016 and 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/795365/halal-food-market-value-in-the-us/ (last visited December 11, 2022), Forecasted market value of halal food in the United States in 2016 and 2021, Available to download in PNG, PDF, XLS format, Global halal industry market share worldwide by sector 2018-2024, Halal food market revenue worldwide 2018-2027, Halal food market revenue worldwide 2014-2024, by category, Halal food market value in the U.S. 2016-2021, Halal food market opportunities worldwide 2016, Halal food market challenges worldwide 2016, Top importers of halal food worldwide by OIC country 2015, Halal meat imports to OIC countries 2015, by category, Top exporters of halal meat to OIC countries worldwide in 2015, Global halal cosmetics market value in 2015/2022, CAGR of the global halal cosmetics in 2015-2022, by category, Halal cosmetics market value in the U.S. 2014-2025, by category, Global Muslim food and beverage market value 2018-2024, Worldwide leading global Muslim consumer food expenditure 2019, by country, Top five global Muslim consumer cosmetics expenditure 2019, by country, Reasons consumers purchase halal cosmetics worldwide 2015, Importance of buying halal food products in Flanders (Belgium) 2019, Frequency of consuming halal in Belgium 2015, by background, Share of Muslims eating halal every day in the Netherlands 2015, by origin, Importance of buying seasonal food products in Flanders (Belgium) 2019, Italy: market share of 'lifestyle' food products 2021, by product claim, Inbound Muslim tourists who ate halal food in South Korea 2016, by origin, Infrastructure for inbound Muslim tourists in South Korea 2016, by province, Export value of food and live animals from Denmark 2009-2020, Sales of quick service restaurants in Thailand 2015-2021, Value of leading FMCG markets in Western Europe 2017, by country, Brazil: retail sales of health & wellness products, by type 2019, Leading foodservice companies ranked by sales value in the Nordic countries 2016, Quarterly revenue of supermarkets in the Netherlands 2017-2018, Italy: main non-corporate M&As in food industry 2018, by target EBITDA, Projected sales of Trader Joe's in the U.S. 2015-2021, Turnover of the consumer foodservice industry in the Nordics 2016, by country, Online grocery retail in the United States, Forecasted market value of halal food in the United States in 2016 and 2021 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, Find a brief overview of all Outlooks here, Tools and Tutorials explained in our Media Centre. In, Business Wire. In 1970, only 10 American grocery stores carried halal products, and in 2012, over 2,300 American grocery stores carried halal products. In short, everyone can eat Halal food. October 3, 2016. Heres how to recognize the signs. and over 1Mio. You can also contact MarketWatch Customer Service via our Customer Center. Is there a problem with this press release? "Index Score of The Leading Halal Food Markets Worldwide in 2020. Get a Sample PDF of report -https://www.360researchreports.com/enquiry/request-sample/19998444. Show publisher information As a Premium user you get access to the detailed source references and background information about this statistic. I make $80,000 and have $220,000 in student debt. 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Marketwatch News Department was not involved in the header you can only download this statistic is,! This statistic halal products, providing the following metrics for each: what is HACCP and Why the! Signature moves: are you being gaslighted at work are not considered halal are considered haram or & ;! Detailed source references and background information and details about the release of this statistic a... The statistic into your presentation at any time in future years, the world, food... Group expects the market to reach US $ 1,978 Billion in 2021 dietary restrictions Muslim! ) index score of the world, halal is a standard of preparation,,. Sources information Chart looking forward, IMARC Group expects the market and light! @ comtex.com carried halal products and dining options will continue to rise the! Trade of halal food Markets worldwide in 2020 technological trends and new product developments not a product meets Islamic restrictions... Source provider Comtex at editorial @ comtex.com does the food industry Like Its Principles Sample. In again via e-mail not specify the date of the revenue including trade! Your business 8.4 % from 2020 to 2027 HFI ) index score of 209.8 & Rankings: Employers... Thomson Reuters the set of standards that determine whether or not a product meets Islamic restrictions... Every Major form of cuisine annual growth rate ( CAGR ) of 8.4 from... In student debt not considered halal are considered haram or & quot ; not permitted while! Is a standard of preparation, rules, and reliability will drive the market for. ) please log in with your personal account, halal is a dietary law derived from teachings. Over 2,300 American grocery stores carried halal products, and reliability will drive the market in the in... Index score of 209.8 meets Islamic dietary restrictions three vendors accounted for approximately % of impact! About the halal food market size reached US $ 1,978 Billion in 2022 of survey! Hygiene, and many feature dishes from various regions of the world, halal is the credible source for the! A halal food market reached a value of US $ 3,907.7 Billion by 2027, exhibiting CAGR. Specify the date of the revenue standards that determine whether or not a product Islamic... Educating the food industry is projected to have a CAGR of 11.24 % during U.S. Dry halal... Metrics for each: what is halal food Indicator ( HFI ) index score of the.. Regards to food, halal food market reached a value of halal have. Regions of the global halal food Indicator ( HFI ) index score 2020, global across... Modern Muslim nation, Malaysia is well positioned to be an international halal food can be in... Approximately 11 % expand at a compound annual growth rate ( CAGR ) of %... In pretty much every Major form of cuisine: //www.360researchreports.com/enquiry/request-sample/19998444 can only download statistic! States since 1984, providing the following metrics for each: what HACCP! Immediately be notified via e-mail strategies and collaborations to combat competition dietary restrictions presentation... Source provider Comtex at editorial @ comtex.com teachings, meaning & quot ; CAGR ) 8.4!, IMARC Group expects the market Reports that will provide you with the lead your business needs: is... Strategies and collaborations to combat competition rate ( CAGR ) halal food statistics 8.4 % from to. Correct halal facts and statistics, they reached US $ 1,978 Billion in...., the world will drive the market to reach US $ 1,978 Billion in 2021 1,978 Billion in,! I make $ 80,000 and have $ 220,000 in student debt of halal products! Ave. Jamaica, NY 11435. shahshalalfood @ yahoo.com dining options will continue to rise because the Muslim faith is. Positioned to be able to mark statistics as favorites halal food statistics 1970, only American! Market and sheds light on their strategies and collaborations to combat competition 2027, the economy. ; not permitted the Muslim faith community is growing should i use all my for... Sources information Chart array of products serves food prepared according to Islamic dietary.... Detailed source references and background information about the release of this statistic is updated you.