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The demand for qualified halal products among non-Muslim customers has been on the upsurge as more
consumers are looking for high superiority, safe and righteous products. Non-Muslim consumers in Asia
Pacific are likely to play a vital role in driving the regional market making it the second largest marketplace
after the Middle East, contributing to 30.9% of the global revenues by 2024.
Browse Details of Report @ https://www.hexaresearch.com/research-report/halal-market
The Islamic economy is being driven primarily by the increasing youth population with high disposable
incomes. These factors are likely to drive various segments of the halal market including fashion, food,
finance, travel, and media & recreation. Moreover, increasing availability of these products & services is
expected to fuel the growth of the market over the projected period.
Keeping in mind the growth of the global halal industry, several food companies including KFC and Nestle are
offering halal products to their Muslim consumers. The emergence of Islamic finance ins titutions offering
finance and banking assets are expected to provide further impetus to businesses that are focusing on
venturing into the halal industry, thereby resulting in tremendous growth of the global halal industry over the
next few years.
Hexa Research has segmented the global halal market based on product and region:
Segmentation by product, 2014 - 2024 (USD Billion)
• Food & Beverages
• Travel
• Media & Recreation
• Finance
• Fashion
• Pharmaceutical
• Cosmetics
Segmentation by region, 2014 - 2024 (USD Billion)
• Americas
• U.S.
• Europe
• Turkey
• Russia
• Asia Pacific
• Indonesia
• India
• Middle East
• Saudi Arabia
• Iran
• Africa
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