The Halal Food Market is anticipated to grow by USD 332.9 billion at a CAGR of 3.48% from 2023 to 2028, according to Technavio. This diverse market spans a variety of sectors, including food, beverages, cosmetics, and personal care products, providing ethically-produced options that appeal to a broad range of consumers. Initially popular with the Muslim community, Halal-certified products are now gaining traction among individuals who value premium quality and ethical standards. The increasing variety of Halal-certified items, coupled with the entry of global brands, is fueling consumer demand. This rise in consumer spending highlights the market's growth, with Halal products appealing to those who prioritize authenticity, transparency, and responsible consumption practices. As Halal-certified products become more widespread, they are embraced by a growing number of consumers worldwide, both Muslim and non-Muslim alike.
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