Malaysia: Visiting the International Halal Village at the 2018 Food Trade Show

The 19th Malaysia International Food & Beverage Trade Fair (MIFB 2018) continues to provide a platform and venue for food and beverage industry participants from around the world. As international demand for Halal food grows, MIFB 2018 will set up a special Halal food venue for exhibits from across the country. This will become a Halal market platform, meeting the needs of Halal food manufacturers, traders and business leaders to source products and find partners to expand their businesses.

According to the State of the Global Islamic Economy report (DinarStandard 2016/17), in 2015 the global Muslim population spent US$1.2 trillion on food and beverages, accounting for 17% of spending in that sector. Considering population growth and rising incomes, by 2021 the world Muslim population's spending on food and beverages will reach US$1.9 trillion. This is calculated based on an expected average annual growth rate of 9%, which will account for 18.3% of total global spending in this sector.

Datuk Seri Jamil Bidin, CEO of the Halal Development Corporation (HDC), said Malaysia's Halal exports grew 7.1% in 2016, reaching RM42.18 billion. Exports to China totaled RM5.4 billion, making it the largest export market in 2016. Halal exports are expected to grow 5% to 6% this year.

Why Malaysia?

As the world's leading Halal hub, Malaysia is regarded as the leader of the global Halal industry, with the right Halal ecosystem, comprehensive and proactive policies, and a framework for developing the Halal industry.

Malaysia's JAKIM, the highly popular Halal mark.

Malaysia's Halal certification is the strictest and most popular bilateral Halal system recognition program; globally, more than 50 international bodies recognize JAKIM's certification program.

2008-2020 Halal Industry Development Master Plan (HIDM)

The government's goal is to make Halal food a new source of economic growth through this 13-year master plan. The plan is divided into three different phases to strengthen Malaysia's position as a major global Halal hub.

Halal for all

Malaysia has a population of 31.7 million. Among the different ethnic groups, Halal is the same for Muslims and non-Muslims, because it is a quality assurance for everyone.

Malaysia's growing Halal industry

Malaysia's Halal industry is expected to reach RM50 billion in trade exports by 2020, growing 5% to 6% by the end of 2017.

OIC

OIC simple trade and market access countries