The halal pharmaceuticals market is projected to reach USD 174.59 billion by 2025 growing with a CAGR of 9.4% during the forecast period. Strong support from Islamic demography and a significant increase in Muslim consumer spending to propel the market.

Halal products are rapidly gaining recognition globally as a safety and quality assurance benchmark. In Malaysia and around the globe, halal product sector has been an evolving sector. Recognizing the new notion of the halal sector provides producers with a chance to develop better policies and technologies toward halal certification in manufacturing their products. Halal products today are not only concentrated on food, but on all products including pharmaceuticals inclusive of vaccines.