The global market for halal ingredients is estimated at US$245 million, according to a report by Reuters.
PFP Group, a major Thai frozen seafood processor, plans to set up a halal food plant in Malaysia, estimated to cost 150 million baht (US$4.2 million).
The halal food and beverage market grew to a US$1.1 trillion industry in 2013.
In North America, GM-free is the fastest growing clean label, representing food products not containing genetically modified organisms.
In the wake of scandals undermining product quality and authenticity, what testing methods can be used to assure consumers that products are fit for consumption? By Dr Lauryn Bailey, global marketing manager, Food and Environmental Markets, AB SCIEX
Opportunities in the halal market are growing exponentially as the global Muslim population exhibits extensive demographic changes. What are the opportunities in this sector, and how can industry players gain a foothold in this lucrative market? By Sherlyne Yong
The global halal food market has witnessed sustained growth in recent years, with increasing demand from the growing Muslim population, as well as other communities looking for healthy options. What are the key drivers for the market and what market opportunities would it bring? By Faisal Ghaus, VP, TechNavio Research