The halal ingredients market is projected to grow at a CAGR of 6 percent from 2019, reaching $64.8 billion by 2025, according to a new research report by MarketsandMarkets.
The food and beverage industry, in particular, is expected to be a leading segment in the halal ingredients market. Companies are focusing on product innovations and providing halal products to cater to the increasing demand among consumers, and the health benefits and cleanliness associated with halal-certified foods is also expected to drive the market.
Related: EU Court Rules Halal Meat Can't Be Organic; Impossible Foods Meatless Burger Will be Halal Certified.
from Specialty Food News http://bit.ly/2WzJjla
Halal Ingredients to Reach $64 Billion by 2025
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June 10, 2019
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