Halal Goes Global – $1.37 Trillion Market

This report aims to provide a detailed overview of the global halal food and beverage market, including up-to-date trade figures and an informed perspective of the overall market landscape and its dynamics.

It is not intended to be a definitive description of halal from a religious perspective; it is intended to enable the reader to make informed decisions with regard to this evolving market paradigm, whether from the perspective of government policymaking or for commercial strategy.

For many readers, it may raise as many questions as it answers, but it is our hope that the questions it raises will be informed ones.

Estimating the size of the halal food and beverage (F&B) sector presents its own particular complexities. No system is in place to track the trade in halal-certified products. Moreover, it must be stressed that certification in itself is not the defining parameter; rather it is a confirmation of compliance. A product can be halal without any third-party certification, and indeed many natural products, such as grains, fruits and vegetables, are halal by their very nature.

Certification becomes an issue with meat and poultry and their derivative products, by-products and associated ingredients used in related product recipes, and the dynamics of the international marketplace have made certification an increasingly important and
challenging aspect, as this report illustrates.

For full report – click here.

Source: International Trade Centre

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