Over the past two years, plant-based food consumption has grown by 49% across the EU, reaching a total sales volume of €3.6 billion.
Attractive opportunities for South Africa's halal industry
2025-05-15
(China-Africa Trade Research Center, news.afrindex.com) – Africa's large Muslim population presents significant opportunities for the production of halal food, cosmetics, personal care products, and pharmaceuticals. The word "halal" is often associated with food, and global halal consumption in these product categories is estimated to be approximately $1.26 trillion annually.
Wesgro, the trade and investment agency of the Western Cape Province of South Africa, is eager to get involved in the halal industry. It has a considerable number of halal users. It wants to build the Western Cape Province into an important halalProduct manufacturing area.
Earlier this year, Wesgro brought five local HalalThe company's trade mission to Senegal resulted in a series of trade agreements. Senegal is a trade hub for the landlocked region, and its relatively stable business environment has also attracted local business people.
“Our data shows that by maximising our presence in the growing global halal market, Western Cape Halal"Industry and businesses can create 32,000 jobs," commented Alan Winde, the province's Minister of Economic Opportunities. The China-Africa Trade Research Center estimates that by 2030, the global halal consumer base will reach 2.2 billion, accounting for approximately a quarter of the world's total consumer population.
Currently, 40% of Africa's one billion people are Muslim, creating enormous potential for the development of the halal industry. It's estimated that the global halal food industry is worth approximately $2.3 trillion, with an annual growth rate of 20%. It's one of the fastest-growing consumer sectors in the world, creating lucrative business opportunities for surrounding industries. (Compiled by the China-Africa Trade Research Center)