Saudi Arabia Halal Food Market Forecast Report, 2031
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Saudi Arabia Halal Food Market size by value at USD 13.79 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects Saudi Arabia Halal Food Market size to boom at a robust CAGR of 11.50% reaching a value of USD 29.54 billion by 2031. The Halal Food Market in Saudi Arabia is driven by the Kingdom's large Muslim population, which demands food that complies with Islamic dietary laws. The Saudi Government’s supportive initiatives promoting halal certification and food safety standards further support market growth. Increasing health awareness and preference for clean-label and ethically produced food are also boosting demand. Additionally, rising disposable incomes, urbanization, and the expansion of modern retail formats enhance consumer access to diverse halal food products. The growing tourism and Hajj pilgrimage contribute si...