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Global market value of halal food 2017-2023

Market value of halal foods worldwide from 2017 to 2023 (Figures expressed in trillions of U.S. dollars, unless otherwise specified)

The data displays the market value of halal food worldwide in 2017 and provides a forecast for 2018 to 2023. According to the report, halal foods had a global market value of approx. 1.4 trillion USD in 2017 and are expected to reach 2.6 trillion USD in 2023.

Halal products - additional information Halal is an Arabic word for “permissible” and is often used to refer to food and drink which are acceptable for Muslims to consume under the Islamic law. It specifies which food products are allowed, and how to prepare them.

2017 1.4
2018 1.6
2019 1.7
2020 1.9
2021 2.1
2022 2.4
2023 2.6