How to enter the Halal Industry

It is estimated that the global Halal economy is worth US$2.1 trillion in 2017 and by 2023 it will reach US$3.0 trillion. Muslims represent an estimated 23% of the global population or about 1.8 billion consumers with an average growth rate of 3% per annum. The Halal Industry is no longer confined to food and financial related products.

 

The Halal Industry has now expanded beyond these two industries to include:

 

• Pharmaceuticals & Healthcare

• Cosmetics

• Fashion

• Travel & tourism

• Supply chain & logistics

• Media & Entertainment

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The sizeable and growing Muslim consumer market across the globe will continue to fuel the halal industry’s double digit growth, creating opportunities in the market for halal products and services.

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Is your business organization looking to enter the Halal Industry? Contact us for a free consultation!