While halal is most often associated with food and drink, there are in fact a wide range of products and services offered including healthcare, pharmaceuticals, personal care, cosmetics, travel, etc. The halal food marketplace is emerging as one of the most profitable and influential market arenas in the food business today.
Growing halal industry worldwide and in North America
The Global halal industry worldwide is expected to grow over $6.7 trillion by 2020. And the Halal market is not only thriving in Muslim majority countries, but also in non-Muslim countries like the United States, Japan, China and the United Kingdom. The global market revenue of halal food is projected to rise from about 1.25 trillion USD in 2016 to about 2.57 trillion USD in 2024, with the largest share of the market value coming from North America.
Changing food trends – an opportunity for Swiss food exporters?
Halal food is not just popular among Muslims and Islamic communities but also with many non-Islamic communities who are increasingly accepting and consuming halal food products. New food trends around the world are constantly being created and changing – another attribute to how large the halal food market is. The flourishing e-commerce industry has also facilitated the consumers with easy accessibility of halal certified products.
Our report provides an overview and practical tips for exporters
The report "U.S. Halal Market 2021" was prepared by the Swiss Business Hub USA, our local experts. The following topics are covered in the report:
- U.S. Halal Market: introduction and opportunities
- U.S. Halal food industry
- Key Market Drivers
- Major Markets and Segments
- Major Players
- Market Threats and Opportunities
- U.S. Halal Regulation and Certification in different states
- How to import halal food into the U.S.
- Additional Resources