Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Halal Ingredients Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Halal Ingredients Market?
The market size of halal ingredients has consistently expanded in the past years. It is set to increase from $344.52 billion in 2024 to $353.61 billion in 2025, with a compound annual growth rate (CAGR) of 2.6%.
What Are the Expected Market Growth Trends for the Halal Ingredients Market Through 2029?
The Halal Ingredients Global Market is anticipated to reach a value of $409.44 billion in 2029, growing at a Compound Annual Growth Rate (CAGR) of 3.7%.
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What Are the Key Business Drivers in the Halal Ingredients Market Landscape?
The key drivers in the halal ingredients market are:
• Rising demand for biofuels
• Focus on reducing carbon footprint
• Government regulations on fuel quality
• Growth in residential construction
How Is the Halal Ingredients Market Divided Across Key Categories?
The halal ingredientsmarket covered in this report is segmented –
1) By Type: Ingredients For Food And Beverage Industry, Ingredients For Pharmaceutical Industry, Ingredients For Cosmetics Industry
2) By Distribution Channel: Online, Offline
3) By Application: Food And beverages, Pharmaceuticals, Cosmetics
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What Are the Ongoing Trends in the Halal Ingredients Market?
The key trends in the halal ingredients market are:
• Rising demand for biofuels is associated with significant market trends.
• There's an ongoing focus on reducing carbon footprint.
• Advancements in additive formulations and integration of artificial intelligence are shaping the industry.
• The industry is seeing a trend towards partnerships and collaborations.
Which Companies are Expanding in the Halal Ingredients Industry?
Major players in the halal ingredients market are:
• Barentz B.V.
• Symrise AG
• Purecircle Ltd.
• Halagel (M) Sdn. Bhd.
• ADM Barentz B.V.
• Kerry Group Plc.
• Koninklijke DSM N.V.
• Cargill Incorporated
• The Archer-Daniels-Midland Company
• DuPont de Nemours Inc.
• Tesco PLC
• Burger King Corporation
• Ingredion Incorporated
• Givaudan SA
• Kingherbs Limited
• Del Monte Phil's. Inc.
• Nestle S.A.
• Unilever plc
• BRF S.A.
• Ferrero International SA
• Midamar Corporation
• Crescent Foods Inc.
• Halal Ingredients Company
• American Halal Company Inc.
• American Foods Group LLC
• Al Islami Foods
• Prima Quality Food Industries Sdn Bhd
• AB Mauri Malaysia Sdn Bhd
Which is the Largest Region the Global Halal Ingredients Market?
Middle East was the largest region in the halal ingredients market in 2024
