Between 2021 and 2026, the size of the halal food market in the US is expected to grow by USD 9.33 billion. During the period of the forecast, the market will grow at a rate of 5.62 percent per year on average.
In the competitive scenario, companies are put into groups based on how well they do in different ways. Some of the things that are taken into account are a company’s financial performance, its growth strategies, its product innovations, the launch of new products, investments, and the growth of its market share, among other things.
Halal meals are associated with healthful eating, which is a major element driving market growth. Animals are slaughtered, processed, and prepared in accordance with Islamic laws in a halal manner.
When compared to non-halal foods, these are thought to be healthy and clean. In the US, the demand for halal foods is growing, which shows that more people who are not Muslim are buying halal foods.
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