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THE HALAL SECTOR
THE HALAL FOOD & BEVERAGE INDUSTRY OVERVIEW
The global halal food and beverage market size was valued at USD 774.93 billion in 2021 and is expected to witness a compound annual growth rate (CAGR) of 3.6% from 2022 to 2030.
With an increase in the demand, manufacturers have widened their product portfolio by introducing several value-added halal food items, including pasta, vegetable, juice, milk, yogurt, and cheese. Further, the production of halal-certified foods by key players in the market will increase product visibility among consumers.
Source: "Halal Food And Beverage Market Size Report, 2030“ By Grand View Research