Global Halal Food Market Overview 2018, Demand by Regions, Size, Share and Forecast to 2023

The global halal food market has witnessed a substantial growth over the past several years on account of the favorable initiatives undertaken by various governments along with the introduction of diverse range of halal certified food products.

The latest report published by IMARC Group, titled "Halal Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global halal food market reached a value of US$ 1.4 Trillion in 2017. Halal foods refer to food products which meet the dietary guidelines provided by the Sharia law. They are free from prohibited ingredients such as alcohol, pork and its by-products, etc. and are made and stored in utensils which have been cleansed according to the prescribed guidelines. Although the concept of halal has been underlined particularly for the Muslim community, with rising concerns regarding the cleanliness, hygiene, and quality of the food consumed, halal food is becoming popular with the non-Muslim consumers as well. In particular, the demand for halal certified food products has gained momentum amongst the health-conscious consumers owing to the numerous health benefits associated with them.

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