The booming halal food market: more than $5 trillion expected by 2030

The halal food industry continues its meteoric rise. According to the latest projections from Halal Food Market, this sector is expected to more than double its value in seven years, going from 2,340 billion dollars in 2023 to nearly 5,285 billion in 2030. An average annual growth of 10.5% which reflects of a profound change in global consumption habits.

This dynamic can be explained in particular by the growing appeal of halal products among non-Muslim consumers, attracted by their guarantees of quality and traceability. The United States is thus seeing an emerging demand for premium products such as organic halal beef, while certified restaurants are multiplying in the United Kingdom.

Asia-Pacific remains the driving force of this expansion, representing more than 56% of the global market. Malaysia and Indonesia, with their large Muslim populations, are pillars of this growth. Only Japan is still struggling to establish itself, hampered by high certification costs and relative ignorance of the halal market.

Beyond religious considerations, it is a whole philosophy of food production that now appeals to an international audience, looking for products that meet strict manufacturing and hygiene standards.

Faced with this major development in the global food market, manufacturers will have to take on new challenges. Between adaptation of production chains, staff training and investments in certification, the halal sector is emerging as an essential strategic issue for the years to come. A transformation that could well reshape the contours of the global agri-food industry.