9 Interesting Statistics on Halal that Everyone Should Know
Having halal food means that the food was produced in accordance to halal dietary guidelines which includes but is not limited to ethical treatment and slaughter of animals, avoidance of ethanol and porcine derivates. For people to eat halal food, they must purchase the food from restaurants and grocery stores who purchase the food from manufacturers certified in the halal process. However, halal certifications for manufacturing encompass products other than food including cosmetics, cleaning products, and healthcare items. Even though halal food has been around for centuries, halal food and certifications are still fairly new in the United States, due to the increase of the Muslim religion in recent years. We hope by educating the food industry and the consumers it serves on correct halal facts and statistics, they
1. The Islamic faith is the fastest growing religion worldwide. (Source: Pew Research Group)
Compared worldwide to other religions, the Islamic faith is the fastest growing religion. The Muslim faith believes that there is one god, Allah, and Muhammed is a Prophet of Allah (peace be upon him). The tenants of the religion are derived from the Quran (book of God) and Hadith (teachings of the Prophetpeace be upon him). Researchers expect the Islamic faith to surpass Christianity by 2050. One of the reasons the Islamic community is growing is because the average Muslim family includes 2.9 children which means it is likely to grow even faster in future generations than it is now.
2. Worldwide, the Islamic population will rise to 30% of the global population by 2030. (Source: Grand View Research)
In 2018, the global Islamic population was estimated at 23% of the global population, and by 2030, it is expected to rise to 30%. The Islamic faith is prevalent in the Middle East, but many western countries including the United States are seeing an influx of Muslim worshippers. With an increase of Islamic worshippers, the markets in western countries will see substantial growth and companies will expand to sell more halal products.
3. Halal food accounts for 36% of the global halal industry market share. (Source: Statista)
Halal products account for far more than food products. Halal industry accounts for products in a variety of different sectors including finance and fashion. However, food products are what is typically known for being halal. While the halal industry is continually evolving to include more products, halal food will always account for a large portion of the market share. As western countries seek to carry halal food products and become certified to serve halal food choices, halal food will continue to account for a large percentage of the global halal industry market share.
4. By 2027, the market revenue for the global halal food industry is projected to be at $2.04 trillion. (Source: Statista)
Accounting for the Muslim faith as the fastest growing religion in the world and that it is the second largest religion in the world currently, the global halal food industry’s market revenue is projected to be at $2.04 trillion by 2027. The global halal industry is seeing an influx of grocery stores carrying halal products and food manufacturers seeking halal certification, and many of these new establishments providing halal food options are in different countries, like the United States, which is raising the market revenue for the global halal food industry. As the Muslim community continues to grow in countries around the world, the global halal food industry’s market revenue will continue to grow as well.
5. Between 2019-2024, the global halal market is projected to have a CAGR of approximately 11%. (Source: Research and Markets)
Because the global halal market is continuing to expand and has seen increased revenue, the compound annual growth rate (CAGR) is projected to be at 11% for 2019-2024. The global halal market is seeing tremendous growth in several countries that have not been favorable to the halal market in the past, and this growth will continue as the Muslim community continues to grow across the world. With the demand for halal food and dining options continuing to rise, the global halal market’s CAGR will continue to increase in future years.
6. In 2016, Asia Pacific was the region with the largest concentrated halal product usage. (Source: Grand View Research)
The global halal market is divided into 5 different regions- Asia Pacific, Middle East and Africa, Europe, North America, and Latin America. Each of these regions has its own strengths and weaknesses, and several of these markets have seen substantial growth in the past decade. However, the region with the largest concentrated halal product usage is the Asia Pacific market, and the second largest halal region is the Middle East and Africa. In 2016, the Asia Pacific market accounted for 63% of the global Muslim population, and Indonesia and Malaysia accounted for 55% of the Asia Pacific region’s demand for halal products. Even with growth in other regions, the Asia Pacific region and the Middle East and Africa region are both projected to be the largest two regions in the global halal industry.
7. By 2021, the halal food market value is expected to be $26.8 billion in the United States. (Source: Statista)
In the United States, the halal food market is growing at a sizeable rate and has large projected future growth. In 2016, the American halal food market was valued at roughly $22.6 billion, and by 2021, the American halal food market value is projected to be roughly $26.8 billion. With more companies seeking to carry halal food products and restaurants seeking halal certification to serve halal dining choices, the American halal food market will continue to grow. As the Muslim community in the United States continues to grow, the demand for halal food products will continue to grow as well. The demand for halal food products will increase the economy for both the American economy and the global halal food industry.
8. From 2012 to 2015, the demand for halal meat and food products rose by 15% in the United States. (Source: NPR)
In the United States, the Islamic faith has grown in popularity and will continue to grow as the Muslim religion is the fastest growing religion in the world. Because the American Muslim community is continuing to expand, the demand for halal meat and food products will rise. From 2012 to 2015, the American demand for halal meat and food products rose by 15%. In future years, the demand for more halal products and dining options will continue to rise because the Muslim faith community is growing. Whether in predominantly Muslim countries or countries where Muslim is a minority religion, Muslims need halal products to adhere to their religious practices, and countries like the United States will see a demand for halal food products and services increase as their Muslim population does as well.
9. In 1970, only 10 American grocery stores carried halal products, and in 2012, over 2,300 American grocery stores carried halal products. (Source: The Washington Post)
The American halal industry has seen tremendous amounts of growth over the past few decades and will continue to see substantial growth in the future. In the United States, people have become more accepting of ideas different than what they grew up with which means that Americans who grew up in other religions are converting to the Muslim faith. With the size of the American Muslim community continuing to rise, more American grocery stores will carry halal products. This will also carry over into more restaurants seeking halal certification so they can serve halal products for their customers. Because there is a limited number of American stores and restaurants carrying halal products, these establishments will be well-supported by the Islamic community, and because of their success, other stores and restaurants will follow.
In both the United States and across the world, halal food and products are growing rapidly in popularity. From halal beauty products to halal meat, the halal consumer community needs to have the ability to purchase products for their everyday living, and once establishments either certify in halal practices or begin carrying halal products, the Islamic community can start purchasing products specific to their lifestyle needs. By having more stores carry halal products and restaurants serve halal food, the Islamic community will have more shopping opportunities because certain industries will have products catered specifically to their religious practices. Once people are educated on the truth about halal products, they will understand the need for a larger halal industry and realize the positive economic impact the expanded halal industry will have on the global economy.