Halal Ingredients Market Size Valued At $436.2 Billion By End Of 2032
The global halal ingredients market is expected to expand at a compound annual growth rate of 4.9% from its current value of over $327 billion.
It is projected to be valued at more than $436.2 billion by 2032.
Though Muslims are a minority in North America and Europe, they make up a growing proportion of the total population.
The Muslim population in Europe is expected to grow by nearly a third to 59.4 million by 2030.
North America’s Muslim population is expected to more than double during that same period.
This is anticipated to increase sales of halal ingredients in these markets.
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