Over the past two years, plant-based food consumption has grown by 49% across the EU, reaching a total sales volume of €3.6 billion.
Billions of capital are flowing into the halal ingredient market
2025-05-15
The global halal ingredients market is projected to reach USD 72.81 billion by 2028, growing at a CAGR of 5.42% from 2021 to 2028.
This growth is attributed to the growing demand for halal-certified products, increasing awareness about the benefits of halal ingredients, and the growing Muslim population across the globe.
Halal ingredients are food ingredients that have been certified by authorized Islamic institutions as complying with Islamic dietary laws. These ingredients are used in a variety of food products, including snacks, beverages, and desserts. Halal ingredients offer many benefits, including the absence of alcohol, preservatives, and other harmful additives.
Rising awareness about the benefits of halal ingredients has led to an increase in demand for halal-certified products. Furthermore, the growing Muslim population in countries such as Indonesia, Malaysia, and India is also driving the growth of the halal ingredients market.
Furthermore, the growing prevalence of food allergies and foodborne illnesses is driving demand for halal ingredients, which are free of animal products and suitable for vegan and vegetarian diets.
The growing demand for convenience foods is also contributing to the market growth. The increasing use of halal ingredients in the production of ready-to-eat meals and snacks and the rising popularity among health-conscious consumers are also driving the market growth.
The market is also witnessing increased investments from major food and beverage companies. Companies such as Nestlé, Unilever, and PepsiCo are investing in producing halal-certified products.