“According to the latest study from BCC Research, ‘Halal Food Regional Market Analysis: Middle East and North Africa’ is projected to reach $380.0 billion by the end of 2030, with a CAGR of 7.1 percent for the forecast period of 2025-2030. This report presents a detailed analysis of the halal food market across the MENA region, emphasizing emerging opportunities and market dynamics.”
“It explores key growth drivers such as technological innovation, economic trends, and strategic business initiatives. The market is segmented by product types and distribution channels, with country-specific insights for Saudi Arabia, the UAE, Egypt, Iran, the GCC countries, and the broader MENA region. Turkey and Israel are excluded in order to maintain focus on less-developed, higher-growth markets, offering a clearer perspective for businesses and investors aiming to tap into the region’s evolving halal food industry,” says a press release from BCC Research.
So yeah, the MENA region is seen as a huge emerging market for Halal food producers, according to whoever got paid to write this press release and the report it hypes, from whom you can likely also obtain other, similarly valuable insights such as “Asia: A huge market for rice” and “Mexico poised for explosive growth in guacamole, tortillas, jalapeños, and other spicy Southwest-themed foods.”