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Halal Pharmaceuticals Market Globally Expected to Drive

Growth through 2026

November 2016

Report Id : REP-GB-1251

Status : Ongoing

Category : Healthcare, Pharmaceuticals & Medical Devices

©2015 Future Market Insights, All Rights Reserved


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Research Methodology (1/2)

Systematic Research Approach


In-depth secondary research is used to

ascertain overall market size, top

industry players, top products, industry

associations, etc.

Research &




Data Filter

& Analysis





Market profiling


PMR formulates a detailed discussion

guide to conduct expert and industry


Identifying key opinion leaders

Questionnaire design

In-depth interviews

Coverage across value chain

Formulating discussion guide



PMR develops a list of industry players

(manufacturers), distributors, retailers

and industry experts



Key industry experts

Channel study


Market dynamics



Developing list of respondents



PMR conducts interviews with industry

experts, industry players, distributors

and retailers




Data collection

Market participants

Key strengths

Product portfolio

Mapping as per value chain

Key focus segments




Data is validated by triangulation

method, wherein secondary, primary

and PMR analysis contribute to the final



Data validation


Data is scrutinized using MS-Excel to

obtain qualitative and quantitative

insights about the industry

Data analysis

Primary Research#

Secondary Research #

Paid Publications#





Company websites

Company annual


White papers

Financial reports






PMR delivers industry insights and

information in the required format



# includes sources of databases

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Halal Pharmaceuticals Market

Halal Pharmaceuticals Market Globally Expected to Drive Growth through 2026

Halal pharmaceuticals are those medicines that stringently adhere to Shariah law. More specifically, halal

pharmaceuticals refer to medicines that should not contain any parts of animals (dogs, pigs and ones

particularly with pointed teeth), insects (bees), alcohol and other substances prohibited as ‘haram’ under

the Shariah law. Competent religious local regulatory bodies in countries generally provide a better

segregation regarding the classification of drugs as halal or ‘haram’ (unlawful) across the world. Halal

pharmaceuticals are subject to normal pre-marketing and post-marketing controls by the relevant

national pharmaceutical regulators such as the National Pharmaceutical Control Bureau in case of

Malaysia. Halal medicines market has vast potential globally in terms of revenue generation supported by

growing demand for faith-compliant medicines from an expanding Muslim population. Drugs approved

by halal drug certifiying agencies such as Lembaga Pengkajian Pangan Obatobatan dan Kosmetika Majelis

Ulama Indonesia (LPPOM MUI) of Indonesia and Jabatan Kemajuan Islam Malaysia are expected to

witness rising consumption globally. Currently, halal medicines are estimated to have contributed close to

one-third of the total revenue from the global halal market, posing an extremely attractive opportunity

for Shariah compliant drugs. This is supported by the fact that demand outstrips supply of halal

medicines by a significant margin, creating potential for future economic value added in the industry.

Halal Pharmaceuticals Market: Drivers and Restraints

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Halal Pharmaceuticals Market

Drivers of the halal pharmaceuticals market include a growing Muslim population. Given that Muslims

have been estimated to account for close to 25% of the global population in 2015—~1.6 billion people

(PewResearch) – the annual growth rate of the Muslim population has been estimated to be ~1.6%,

which is higher than the growth rate of the world population (1.1% per annum). Increasing awareness

among Muslims regarding wellness and medicines is propagating mainly through increased education.

This is another prime factor contributing to growth of the halal medicine market. Other socio-economic

factors driving the need and uptake of halal medicines include rising purchasing power parity, increasing

access to critical medicines in resource-constrained nations supported by public organizations such as

World Health Organization, safety of consumption, assurance of product efficacy and hygienic processing

among others. Increasing need to get medicines certified from an approved regulatory body is driving

regulatory convergence in the halal medicines market among countries such as Malaysia, Indonesia and

Brunei, Turkey, France and others.

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Key restraints include lack of adequate infrastructure in non-Islamic countries to avoid cross-

contamination between halal and non-halal production lines, and lack of sufficient halal advisory and

certification agencies to approve medical products. Other restraints include dearth of sufficient R&D for

halal medicines globally and omission of critical medicine classes such as vaccines and biologics as they

do not comply with Shariah norms. Ban on use of forbidden components such as porcine excipients also

limit the number of drugs that can be produced. Industry experts have noted that formation of a proper,

well-regulated and harmonized accreditation and halal management system could serve a long way in

raising demand for halal medicines.

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Halal Pharmaceuticals Market

Halal Pharmaceuticals Market: Segmentation

Halal pharmaceuticals market can be segmented as indicated below:

Segmentation by drug classes

Respiratory drugs

Cardiovascular drugs

Endocrine drugs

Pain medications

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Allergies (cough &cold)


Segmentation by product type




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Halal Pharmaceuticals Market


Segmentation by source material

Plant and plant derivatives

Animals (compliant under religious laws)

Synthetic and semi-synthetic sources

Recombinant DNA

Segmentation by regions

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Halal Pharmaceuticals Market: Overview

Uptake of Halal medicines is gaining major traction globally, primarily due to two reasons. Firstly, these

medicines are fully compliant with faith and so are readily acceptable under religious laws. Secondly,

these medicines are very well assessed for quality and certification before being released into the market

and are mostly made using herbal and synthetic materials. The market for halal pharmaceuticals is

expected to register a significant CAGR as well as annual growth rates over the forecast period.

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Halal Pharmaceuticals Market

Regulatory harmonization and regional regulatory convergence is expected to emerge as the key market trends

in the near future.

Halal Pharmaceuticals Market: Region-wise Outlook

On the basis of geographic regions, halal drug market is segmented into seven key regions: North America,

South America, Eastern Europe, Western Europe, Asia Pacific, Japan and Middle East & Africa.

In terms of geography, Asia Pacific region is the main region exhibiting development and uptake of halal

medicines, particularly in countries such as Malaysia, Indonesia and Brunei. However, R&D activities related to

halal medicines are gaining traction in the European and North American regions. Discussion on formation of

halal medicine certification agencies and guidelines are key features found in the traditionally pharmaceutically

developed markets. Companies producing halal medicines are expected to enter Saudi Arabia, Malaysia, Turkey,

Iran, Qatar, Russia, France, Libya, Algeria and Singapore as well as the UAE to cater to the high demand base for

better revenue generation, either through distributor route or via tie-ups with established players.

Halal Pharmaceuticals Market: Key Players

Some key accredited players in the halal medicine market include Chemical Company of Malaysia Berhad

(CCM Pharmaceuticals Sdn Bhd), Pharmaniaga Bhd, Simpor Pharma Sdn Bhd, EMBIL Pharmaceutical Co., Ltd,

Nutramedica Incorporated, etc. among others.

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