The global halal food market will reach more than $5 trillion in 2030. Halal means food permitted according to Islamic law, and meat, poultry and seafood are the core sectors of the halal market.
The “Halal industry” has expanded beyond the food sector, to include medicines, cosmetics, health products, toiletries, and medical devices. The market is witnessing strong growth driven by the increasing Muslim population, increasing consumer awareness, rapid multiculturalism driven by globalization, increasing health and safety concerns.