Global Halal Meat Market By Type(Poultry, Beef, Sheep & Goat, Others), By Certification Type(Halal Certification, Non-Certified), By Packaging Type(Fresh meat, Frozen meat), By End-User(Household Consumers, Food Service Sector, Retailers, Others), By Distribution Channel( Supermarkets/Hypermarkets, Convenience Stores, Online Retail, Others), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2024-2033

Report Overview

In 2023, the Global Halal Meat Market was valued at USD 718 Billion and is expected to reach USD 1638 Billion in 2033. Between 2023 and 2033, this market is estimated to register a CAGR of 8.6%.

“Halal,” a term derived from Arabic, denotes that which is considered permissible. Global halal meats are prepared following specific regulations that must be meticulously adhered to before the animal’s slaughter.

The Islamic animal or poultry slaughter method, known as Bhabha, entails a precise incision targeting the jugular vein, carotid artery, and windpipe. The substantial and expanding Muslim population across the globe plays a key role in fostering the development of the Sharia-compliant food industry.

Even though there has been ongoing economic progress in several Muslim-majority populations countries, substantial growth potential exists for the Shariah-compliant industry in countries such as China and India, where non-Muslims constitute the majority.

Traditionally, adopting Shariah-compliant food practices was prevalent in countries with Muslim majorities. However, it is noteworthy that non-Muslim nations have also embraced the principles of Shariah-compliant food, emphasizing enhanced standards for freshness and cleanliness.

Key Takeaways

• Market Growth Projection: Halal Meat Market is expected to reach USD 1638 billion by 2033, with an 8.6% CAGR between 2023-2033.
• Poultry Dominance: Poultry hold a 35.3% market share in 2024 due to versatility and lower fat content.
• Certification Preference: Solid Halal Certification captures over 64.2% market share in 2024, emphasizing consumer trust.
• Packaging Preference: Fresh meat dominates with 85.6% market share in 2024, driven by freshness and taste.
• Distribution Channel: Convenience stores lead with 72.4% market share in 2024, offering accessibility and extensive products.
• End-user Dominance: Household consumers hold a 34.5% market share in 2024, driving market demand.
• Regional Analysis: Asia Pacific dominates the market with a 38.9% share in 2024, driven by the Muslim population and investments.
• The University of Missouri found that the average price of Halal meat in the United States was 20% higher than conventional meat in 2023.
• University of Florida found that the demand for Halal meat in the United States is expected to increase by 10% annually until 2024 due to the growing Muslim population.

By Type Analysis

The Poultry Segment Held the Largest Market Share in 2024 due to its versatility and relatively lower fat content compared to other meats.

Based on product, the market for halal meat is segmented into poultry, beef, sheep, goat, and others. Among these, the poultry segment was the most lucrative in the global halal meat market, with a market share of 35.3% in 2024.

The remarkable versatility of the poultry segment positions it as a preferred choice for consumers worldwide due to its adaptability to various culinary preferences.

Notably, poultry, especially chicken, stands out for its lower fat content, making it an appealing option for health-conscious individuals seeking lean protein sources. Its broad acceptance transcends demographic boundaries, commonly consumed by Muslim and non-Muslim populations, establishing itself as a culinary staple.

Moreover, poultry production tends to be economically advantageous compared to larger livestock, leading to competitive pricing and wide market availability. Its shorter production cycle ensures a consistent supply to meet market demands efficiently.

With its capacity to harmonize with diverse cuisines, stringent adherence to Halal certification standards, and alignment with evolving dietary preferences for leaner meats, the poultry segment firmly maintains a substantial share in the halal meat market, effectively serving a global consumer base.

By Certification Type

In 2024, Solid Halal Certification held a dominant market position, capturing more than a 64.2% share. This signifies the significant preference for halal-certified meat products among consumers globally.

Halal certification ensures that the meat adheres to Islamic dietary laws and is prepared according to specific religious guidelines, including the method of slaughter and the absence of prohibited substances. As a result, halal-certified meat products are highly sought after by Muslim consumers and those who prefer food that aligns with their religious beliefs and practices.

On the other hand, Non-Certified meat products accounted for the remaining market share. Despite not having halal certification, these products may still be consumed by some segments of the population. Non-certified meat may include products that are not specifically labeled as halal or have not undergone the formal halal certification process. This segment caters to consumers who prioritize factors other than religious dietary requirements, such as taste preferences, convenience, or cost considerations.

Overall, the dominance of Solid Halal Certification underscores the importance of religious dietary preferences in the global meat market. As consumers become increasingly conscious of the origins and processing of their food, the demand for halal-certified meat products is expected to continue growing, driving further expansion of the Halal Meat Market.

By Packaging Type

The Fresh Segment is Dominant in the Global Halal Meat Market due to its taste, texture, and the ability to incorporate specific cuts into traditional dishes.

In 2024, Solid Fresh meat held a dominant market position, capturing more than an 85.6% share. This indicates a strong preference for fresh halal meat products among consumers globally. Fresh halal meat is known for its superior quality, taste, and nutritional value, making it a popular choice for both everyday meals and special occasions. Consumers prefer fresh halal meat due to its perceived freshness, tenderness, and absence of preservatives or additives, aligning with their preferences for natural and minimally processed foods.

On the other hand, Frozen meat accounted for the remaining market share. While not as dominant as fresh halal meat, frozen halal meat products still hold significance in the market, particularly in regions where access to fresh meat is limited or where consumers prioritize convenience and longer shelf life. Frozen halal meat offers the advantage of extended storage periods without compromising taste or quality, making it a convenient option for households, restaurants, and food service providers.

Overall, the dominance of Solid Fresh meat underscores the importance of freshness and quality in the halal meat market. As consumers become increasingly health-conscious and seek premium food options, the demand for fresh halal meat is expected to continue growing. However, frozen halal meat also plays a vital role in meeting the diverse needs and preferences of consumers, ensuring accessibility and convenience in the Halal Meat Market.

By Distribution Channel

The Convenience Stores Segment Dominated the Global Market In 2024 due to their unparalleled convenience, extensive product offerings, and established consumer trust.

In 2024, Convenience Stores held a dominant market position, capturing more than a 72.4% share. This indicates that convenience stores are the preferred distribution channel for halal meat products among consumers.

Convenience stores offer quick and easy access to halal meat, catering to consumers’ on-the-go lifestyles and immediate needs. With extended operating hours and locations in easily accessible areas, convenience stores provide a convenient option for consumers to purchase halal meat products conveniently.

This convenience strongly resonates with consumers seeking streamlined and efficient grocery procurement.

Moreover, supermarkets and hypermarkets consistently emphasize product quality, safety, and strict adherence to Halal certification standards, fostering consumer trust by ensuring the ready availability of authentic Halal choices.

Furthermore, their substantial scale enables competitive pricing strategies and promotional initiatives, widening access to Halal meat products across a diverse consumer spectrum.

By End-user

The Household Segment Dominated the Global Market In 2024 Owing To Rising Investments In Restaurants, Cafes, Catering Businesses, And Institutional Dining Facilities.

In 2024, Household Consumers held a dominant market position, capturing more than a 34.5% share. This indicates that a significant portion of halal meat consumption occurs within households, where individuals and families purchase halal meat products for personal consumption and meal preparation.

It serves as a pivotal conduit, effectively connecting halal meat suppliers with a wide and diverse consumer base seeking Halal-compliant dining experiences through restaurant or catering services.

Halal-certified eateries and food service establishments cater precisely to the discerning needs of consumers who prioritize adherence to Islamic dietary guidelines, offering an extensive array of Halal meat-infused culinary offerings.

The food service sector benefits significantly from the increasing trend of consumers dining out or choosing professionally prepared meals.

The inherent convenience associated with dining at restaurants cafes, and participating in catered events, coupled with the assurance of Halal authenticity, substantially contributes to the segment’s pre-eminence.

For instance, the hotel and motel market is experiencing a robust recovery following the pandemic in the United States. As of the conclusion of 2024, the sector has achieved a notable market size of USD 258 billion, marking the highest recorded figure in the past decade.

Key Market Segments

By Type

• Poultry
• Beef
• Sheep & Goat
• Others

By Certification Type

• Halal Certification
• Non-Certified

By Packaging Type

• Fresh meat
• Frozen meat

By End-User

• Household Consumers
• Food Service Sector
• Retailers
• Others

By Distribution Channel

• Supermarkets/Hypermarkets
• Convenience Stores
• Online Retail
• Others

Driving Factors

Rising consumer awareness and religious belief

The notable growth observed in the global Halal meat market is primarily attributed to the increasing awareness among consumers and the strong influence of religious beliefs.

A pivotal factor in the market’s expansion is the progressively deepening consumer comprehension of dietary choices and the substantial importance placed on conforming to Islamic dietary regulations.

Halal, an Arabic term signifying “permissible,” entails rigorous criteria governing the production and consumption of food items, notably meat, in strict accordance with Islamic principles.

While the production and sale of Halal meat have a historical legacy spanning over 1400 years, it was not until 2004, prompted by Malaysia’s initiative, that discussions concerning a global halal meat market gained momentum, transcending its association solely with predominantly Muslim nations.

Malaysia orchestrated the inaugural global event, convening certified Halal producers and buyers across the globe.

Subsequently, in 2006, the inaugural “World Halal Forum” held in Kuala Lumpur, which saw the participation of industry giants such as Nestlé and McDonald’s, underscored the genuine potential inherent in the international halal meat market.

Restraining Factors

Lack of standardization and certification

The halal meat trading landscape presents complexities due to the absence of a universally recognized set of standards and regulations applicable to the halal meat trade on a global scale.

The prevalent challenge revolves around ambiguity concerning halal standards, primarily because various entities are involved in their formulation, including government-affiliated organizations, private bodies, and independent Halal certification entities (HCBs).

Additionally, national standards bodies, regional entities like ASEAN, GSO, and the EU, and international bodies such as the SMIIC/OIC initiative contribute to this multifaceted landscape.

Distinct countries adhere to disparate regulatory frameworks, and recent efforts have aimed to standardize and align rules governing meat exports and imports.

Growth Opportunities

Growth in Muslim population across the globe

In 2020, the global Muslim population exceeded 1.5 billion; projections suggest it will surpass 2.2 billion by 2030.

This demographic growth signifies a thriving global halal meat market, expected to reach a staggering USD 3 trillion in consumer expenditure by 2023. The expanding Muslim populace presents a compelling opportunity for the Halal meat industry.

As the global Muslim community expands, so does the demand for Halal-certified products, particularly halal meat, due to Islamic dietary requirements. This demand extends beyond traditional Islamic regions as Muslim communities flourish worldwide, making halal meat a global culinary preference.

The Halal certification symbol, synonymous with rigorous food safety and quality standards, is increasingly seen as a mark of trust by consumers of diverse backgrounds.

This growing consumer base drives domestic demand and opens up export opportunities for countries with robust halal meat sectors, bolstering economic growth.

In essence, the expanding global Muslim population underscores the vast potential of the halal meat market, encouraging industry stakeholders to adapt to evolving preferences and capitalize on emerging market dynamics.

Latest Trends

Growth in demand for convenience foods and for added value such as Halal organic, Halal free range, and Halal farm assured

The surge in demand for convenience foods and value-added Halal products, such as Halal organic, Halal free-range, and Halal farm-assured items, underscores the evolving consumer landscape. Accelerated by busy lifestyles, there’s a growing need for quick, hassle-free meal solutions, propelling the convenience food sector.

Concurrently, consumers’ keen awareness of quality, ethics, and health has become more prevalent.

This has led to an increased preference for Halal choices that align with personal values and dietary requirements, exemplified by the popularity of Halal organic (free from synthetic chemicals), Halal free-range (emphasizing humane conditions), and Halal farm assured (adhering to rigorous quality and safety standards) products.

This trend signifies the intersection of convenience and conscientiousness, presenting opportunities for halal meat producers to cater to a discerning consumer base seeking both ease of consumption and adherence to ethical and health-conscious principles.

Regional Analysis

Asia Pacific is a Dominant Region in the Global Halal Meat Market due to the Rapid Growth In The Muslim Population In The Region.

In 2023, Asia Pacific held the leading position in the global market, with a market share of 38.9%. The Asia Pacific region holds a significant stake in the global halal meat market owing to various factors.

Foremost among these is its substantial and expanding Muslim population among nations such as Indonesia, Pakistan, Malaysia, and India, ranking among the world’s most densely populated Muslim countries.

This demographic provides a robust and consistent demand for Halal-certified meat products. Secondly, Asia Pacific nations have made substantial investments in the halal food market size, ensuring the integrity and authenticity of Halal certification processes.

This has instilled confidence among local consumers and in international markets, making Asia Pacific a key exporter of Halal meat products.

Furthermore, The Middle East and Africa regions are pivotal in the halal meat market due to their steadfast dedication to upholding Islamic dietary principles. This commitment positions them as influential participants in the industry.

Nations such as Saudi Arabia, the UAE, and South Africa substantially contribute to this market. Notably, these regions exhibit a robust demand for Halal meat for domestic and export purposes.

Key Regions and Countries

• North America
  • The US
  • Canada
• Europe
  • Germany
  • France
  • The UK
  • Spain
  • Italy
  • Russia & CIS
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • ASEAN
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of MEA

Key Players Analysis

Several key players who influence the industry significantly drive the global halal meat market. Amana Foods, Al Islami Foods, Tariq Halal, Tahira Foods Ltd, SIS Company, and Al Kabeer Group ME are the major players known for their diversified halal meat production and supply chain network.

These key players and other industry participants collectively influence the halal meat market’s growth, supply, and demand dynamics. Their continuous innovation, expansion, and market strategies contribute significantly to the industry’s development.

Market Key Players

• BRF Global
• Amana Foods
• Al Islami Foods
• Tariq Halal
• Tahira Foods Ltd
• SIS Company
• Al Kabeer Group ME
• Prairie Halal Foods
• Nema Halal
• Thomas International
• Al-Aqsa
• DOUX
• Herd & Grace
• Other Key Players

Recent Developments

• In August 2023, BRF announced establishing a joint venture in partnership with the Halal Products Development Company (HPDC), a subsidiary under the purview of Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF). This development marks the formalization of an earlier memorandum that was publicly announced in October 2022. As per the terms of the agreement, BRF’s ownership stake in the venture will amount to 70%, while HPDC will hold a 30% interest.
• In June 2023, the Halal Products Development Company (HPDC) unveiled a significant strategic collaboration with Tanmiah Food Company, a prominent player in the food manufacturing sector within Saudi Arabia. HPDC, a company under the Public Investment Fund (PIF) umbrella, introduced this groundbreaking partnership as a proactive initiative aimed at bolstering and domesticating the halal products market in the Kingdom while fostering its growth regionally and globally.

Report Scope