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Thailand Aims for $3.1 Trillion Halal Market Share by 2027

6/23/2025

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Story summary
  • Thailand targets a larger share of the global halal food market, projected to hit $3.1 trillion by 2027.
  • The Muslim population is expected to grow from 1.907 billion to 2.761 billion by 2050, increasing demand.
  • The halal product market was valued at $2.35 trillion in 2024, with food and beverages at $1.38 trillion.
  • Thai food exports to OIC countries reached $7.13 billion in 2024, reflecting a 6.3% growth.