Halal economy forecast to grow to $3.2tn

Will Green is news editor of Supply Management

15 September 2020

The halal economy is projected to grow in value to $3.2tn by 2024, up on $2.2tn in 2018, according to a report.

The report, Dubai – A Global Gateway for the Halal Industry, said the sector with the largest value was food and beverage ($1.4tn) and this was expected to grow to almost $2tn by 2021. Modest fashion was next, with a value of $283bn.

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Halal economy forecast to grow to $3.2tn

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