JOIN THE EVENT In essence, Halal is a lifestyle that may be the guiding principle of every Muslim, but that can be practised by everyone.
Introduction to HALAL
GLOBAL ISLAMIC ECONOMY
Represented by $2 Trillion of Consumer spending by 1.9 billion Muslims across six real-economy sectors(2021 est)
The major Sectors of
global islamic economy
Potential Growth Sectors
It is a lucrative market and huge opportunities for halal food business domestic and international trade. Many companies are looking at halal concept as a new tool for marketing. Some facts of markets trend in abroad in the past few years did showed in abroad in the past few years did showed that he development of the global halal food market is up-rising.
The availability of halal food from fresh meat to value added/processed food is increasingly visible in many EU countries. From butcheries, small stores, supermarkets and hypermarkets are gradually selling halal food products, although this typically started in the Muslim-majority areas.
Besides there were also butcheries and grocery stores for the Muslims in china. Currently, the global halal market has gained its attention from the trade merchant world. Many Halal expos had been held around the world, for example in Malaysia, Singapore, Turkey, Dubai, UAE, and Iran. Ecommerce and online business portal had been proved to be one of the best e-business solutions to penetrate the emerging market.
The dynamics driving forces of the global halal food market includes:
Size of business $1267bn Projected Size $1668bn
Size of business $100bn Projected Size $129bn
Size of business $70bn Projected Size $93bn
Size of business $295bn Projected Size $375bn
Size of business $231bn Projected Size $308bn
Size of business $3637bn Projected Size $4922bn
Size of business $102bn Projected Size $189bn