The Halal Food Market in US is being driven by Symbol of healthy food
The Halal Food Market in US is expected to grow at a CAGR of 9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 21.63 billion. The US halal food market is experiencing significant growth due to several key factors. The increasing urbanization and hectic lifestyles of Americans have resulted in a higher demand for convenient food solutions. This trend is particularly evident among employed households, which purchase 72% more food from full-service restaurants and 12% less ready-to-eat food from grocery stores. Moreover, the expanding disposable income and improving lifestyle of the Islamic population are fueling the demand for halal convenience foods. These pre-cooked and ready-to-eat meals, prepared in accordance with halal laws and regulations, offer a time-saving and hassle-free option for various consumer demographics, including teenagers, the working class, and youth.
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The market is segmented based on segments_for_ai.nslist
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
180 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 9% |
Market growth 2025-2029 |
USD 21.63 billion |
Market structure |
Fragmented |
YoY growth 2024-2025(%) |
8.0 |
Key countries |
US |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Halal food market in the US is growing, driven by the increasing Muslim population and the demand for food safety, hygiene, and reliability. According to Pew Research Centre, Muslim consumers prioritize Halal meat products and seek assurance on the authenticity of these items. Brands like AI Islami Foods and coffee operators cater to this demand. Hypermarkets, supermarkets, and online distribution channels offer a wide range of Halal food products. Halal laboratories ensure quality and sanitation, while Blockchain technology and Porcine material detection systems from Fluree PBC and Sinisana Technologies help maintain transparency. Non-Muslim consumers also seek high-quality Halal products. Economic slowdown and the use of Halal laboratories, raw materials, and Al-Futtaim have minimal impact. Alcohol is not allowed in Halal food production.
The Halal food market in the US represents a significant growth opportunity within the global packaged foods and meats industry. According to Pew Research Centre, the Muslim population in the country is projected to double by 2050, making it an attractive consumer base for food manufacturers and processors. Halal certification ensures food safety and hygiene, which is crucial for Muslim consumers, particularly in the case of meat products. AI Islami Foods, a leading Halal food company, prioritizes reliability and adherence to Islamic dietary laws in its production processes. The global packaged foods and meats market is expected to grow due to the health benefits associated with minimally processed foods and the increasing demand from health-conscious consumers. Technavio projects the market size based on the combined revenue of vendors involved in food processing to eliminate microorganisms and extend shelf life, excluding food processing equipment manufacturers and producers of packaged alcoholic and non-alcoholic beverages.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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