B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
$3,000,000,000,000
$3,000,000,000,000 -- muslim consumer spend forecast for global Muslim consumers (food, beverage and lifestyle sectors) (2023)
Muslim consumer spending across food, beverage and lifestyle sectors is projected to reach $3 trillion by 2023.
Attribution:
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Lighthouse Research Team
Last verified:
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Source verified
Evidence graded
Value
$3,000,000,000,000
Unit
Currency Usd
Data Vintage
2023
Entity
Geography
Global
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
locaria.com
Primary
Tier B
https://locaria.com/modest-fashion-major-opportunity/ ↗
Source Article
Modest fashion, major opportunity | Locaria
This market is often associated with women looking for clothes that are stylish and fashionable, but also in line with their religious and cultural beliefs. However, it could be equally relevant to people who simply want to dress conservatively – covering up their arms and legs, for example – withou…
Original Research
locaria.com
· Original study ↗
Methodology
Forecast from State of the Global Islamic Economy Report 2018/19
Methodology documented
Segmentation
IndustryRetail
RegionGlobal
RoleAll marketers
Channelmulti-channel
Cite this stat
Plain Text
global Muslim consumers (food, beverage and lifestyle sectors): $3,000,000,000,000 muslim consumer spend forecast. Source: locaria.com (2023). Via Lighthouse Intelligence -- https://lighthousedata.io/data/muslim-lifestyle-spend-forecast-2023
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<blockquote cite="https://lighthousedata.io/data/muslim-lifestyle-spend-forecast-2023" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>$3,000,000,000,000</strong> -- muslim consumer spend forecast for global Muslim consumers (food, beverage and lifestyle sectors)<br><small>Source: locaria.com (2023) · <a href="https://lighthousedata.io/data/muslim-lifestyle-spend-forecast-2023" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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