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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.
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
$10.51 trillion by 2024
​
Exhibiting a compound annual growth rate of
16.2 % from 2016 to 2024
Halal foods had a global market value of approximately
US$ 1.4 trillion in 2017
and are expected to reach
US$2.6 trillion in 2023.
​
​
​
Halal food companies account for nearly
​
50 % of the world's total halal products market demand
and the leading player for the food and beverage segment is
​
Nestle S.A.
HOT MARKET SEGMENTS
In 2016, the market revenue of global
Halal Processed Food
&
Beverages
amounted to approximately
US$ 850 billion.
Forecast to increase to
US$1.75 trillion by 2024.
In 2016, the U.S. market value of Halal Skin Care Products
amounted to approximately
US$ 130 million
Forecast to increase to
US$ 270 million by 2025.
​
Halal Cosmetics
had a global market value of approximately
US$20 billion in 2015
Expected to reach
US$54 billion in 2022.
The Hair Care segment
is forecast to grow by
14.1 % between 2015 & 2022.
