Swiss and European food, pharmaceutical and cosmetics companies that want a share of the global US$1 trillion Halal market must ensure their products comply with Halal dietary regulations. Obtaining a Halal certificate helps companies meet the market challenge.

The global Halal market is becoming increasingly broad: according to information provided by certification service companies, Halal food is expected to reach CHF 710 billion and pharmaceuticals CHF 130 billion (2013 figures). These companies see the potential market; the Muslim population is growing rapidly, with an estimated 1 billion well-educated and well-paid Muslims expected by 2050. Based on these factors, they have increased investment and technology in the Muslim market.

Currently, Nestle has Halal food certification at 456 factories worldwide, and the Halal market accounts for 5% of its sales, valued at CHF 5.3 billion.

FAQ

How attractive is the global Halal market to food, pharmaceutical and cosmetics companies?
The global Halal market is about US$1 trillion in size. According to the figures in the article, Halal food is expected to reach about CHF 710 billion and pharmaceuticals about CHF 130 billion (2013 figures). The Muslim population is growing rapidly, with an estimated 1 billion well-educated, well-paid Muslims expected by 2050, making the market potential huge.
Are there examples of international companies' presence in the Halal market?
Taking Nestle as an example, it has Halal food certification at 456 factories worldwide, and the Halal market accounts for about 5% of its sales, valued at about CHF 5.3 billion. Swiss and European food, pharmaceutical and cosmetics companies wishing to enter the Halal market must ensure their products comply with Halal dietary regulations and obtain a Halal certificate.