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HALAL WORLDWIDE MARKET

UNITED STATES OF AMERICA

7,500+ locations

sell halal food in the U.S. today.

 

Muslim Buying Power is valued at

$170 billion

 

​The U.S. market value of halal food amounted to approximately US$22.6 billion in 2016

 

Forecast to increase to

US$ 26.8 billion by 2021.

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Sales of halal food in grocery and convenience stores

US$20 billion

Within 20 years,

Muslims are likely to be the second largest religious group in the United States, and that's driving a demand for halal food prepared according to Islamic religious custom.

SOURCE: Pew Research

Harvest Public Media reports from Denver that;

Halal meats are already becoming part of the American diet

​— and consumers probably don't realize it.

SOURCE: Harvest Public Media's Esther Honig (@estherhonig)

WORLDWIDE

Muslim Consumers Worldwide

1.7 Billion

​​

The Global halal products market is expected to rise to

$10.51 trillion by 2024

Exhibiting a compound annual growth rate of

16.2 % from 2016 to 2024

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Halal foods had a global market value of approximately

US$ 1.4 trillion in 2017

 

and are expected to reach

US$2.6 trillion in 2023.

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Halal food companies account for nearly

50 % of the world's total halal products market demand

 

and the leading player for the food and beverage segment is

Nestle S.A.

HOT MARKET SEGMENTS

In 2016, the market revenue of global

Halal Processed Food

&

Beverages

amounted to approximately

US$ 850 billion.

 

Forecast to increase to

US$1.75 trillion by 2024.

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In 2016, the U.S. market value of Halal Skin Care Products

amounted to approximately

US$ 130 million

 

Forecast to increase to

US$ 270 million by 2025.

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Halal Cosmetics

had a global market value of approximately

US$20 billion in 2015

 

Expected to reach

US$54 billion in 2022.

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The Hair Care segment

is forecast to grow by

14.1 % between 2015 & 2022.

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Halal Cosmetic Global Market by Region -
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