Technavio projects that the Halal Food Market will grow by USD 332.9 billion, with a CAGR of 3.48% between 2023 and 2028. This market includes a wide range of halal-certified products such as meat, poultry, dairy, snacks, and extends to cosmetics and personal care items. The market’s appeal is not limited to the Muslim community but also attracts consumers who prioritize ethical and high-quality food choices. The expansion of this market is driven by an increasing variety of products and the rise of global companies entering this niche, leading to higher consumer spending. Consequently, halal-certified products are gaining traction not only among Muslims but also among those who value transparency and conscientious consumption in their dietary and personal care products.
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