No longer considered a niche segment, the global Islamic economy is estimated to be at US$1.9 trillion, according to Thomson Reuters. Halal food and beverages were worth US$1.2 trillion and is predicted to rise to US$1.9 trillion by 2021, representing a significant portion of Muslim consumer spending.

With the halal market expected to grow significantly over the next four years, halal labelling will follow suit, according to Euromonitor International.

Involving all sectors of the halal value chain, the Alliance seeks to work collaboratively and provide solutions for an innovative and sustainable global halal economy.

In order to enter the lucrative Halal markets, manufacturers first have to understand the requirements and expectations of the modern day Muslim, the most fundamental of which is proof that the product is Halal. By Sherlyne Yong

APFI About Us

Asia Pacific Food Industry (APFI) is Asia’s leading trade magazine for the food and beverage industry. Established in 1985, APFI is the first BPA-audited magazine and the publication of choice for professionals throughout the industry with its editorial coverage on the latest research, innovative technologies, health and nutrition trends, and market reports.

Asia Pacific Food Industry is published by Eastern Trade Media Pte Ltd. The company owns numerous trade and consumer titles, including Asia Pacific Metalworking Equipment News and Industrial Automation Asia.

Ebook

View Now