GCC Halal Food Products Market Competitive Landscape & Forecast, 2022-2028
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects the size of GCC halal food products market to grow at a CAGR of 5.3% during the forecast period between 2022 and 2028. BlueWeave forecasts GCC halal food products market size to reach a value of USD 78.2 billion by 2028. The large Muslim population in the GCC region, which adheres to Islamic Sariah norms as part of their religious beliefs, is primarily driving the demand for halal food products. The GCC halal food products market growth is also being driven by the stringent regulatory frameworks that include mandatory halal labeling and certification rules for food and beverages in the region. Rising awareness among non-Muslim communities about the food safety, hygiene, and dependability provided by halal food products is also broadening the halal food products market across GCC countries. In addition, significant growth in the food retail sector as well...