Halal Encyclopedia

emerging industries

The Pew Research Center's population projections show that by 2030, the world's Muslim population is expected to grow to 2.2 billion, with the Asia-Pacific region leading the way at 59.2%, or 1.3 billion.

With the increase in the Muslim population, the global halal industry is growing exponentially. As Muslims and non-Muslims become more aware of and accept the concept of halal, this is a boon for industries such as food and beverages, clothing and apparel, cosmetics and pharmaceuticals, media and entertainment, tourism and finance.

According to statistics, the global halal market share is a staggering 3.2 trillion US dollars. Despite the impact of the economic crisis and Covid-19 in recent years, the halal market has continued to show its strong momentum and has become one of the hottest markets in the world.The 2020/21 Global State of the Islamic Economy Report, compiled by Dinar Standard and supported by the Dubai Centre for Islamic Economy Development, projects that global spending on halal food and beverages alone will reach $1.38 trillion by 2024.

Most consumers choose Halalis based on the belief that Muslims should consumeHalalan Toyyiban”The direct translation is that it is permitted and wholesome. It is also worth noting thatHalalIts growing acceptance among non-Muslim consumers is due to its links to animal welfare and overall health.HalalThe industry has now expanded beyond the food sector to include pharmaceuticals, cosmetics, health products, toiletries and medical devices, as well as service sectors such as logistics, marketing, print and electronic media, packaging, branding and financing.HalalThe food market is becoming one of the most profitable and influential market sectors in the food business in the world today.

PromoteHalalFactors driving food market growth

There are many key factors that contribute toHalalIndustry growth in the food market.HalalThe economy has a large, diverse, well-educated and young consumer base and can be considered one of the fastest growing sectors in the world. In addition, the Muslim and non-Muslim communities haveHalalGrowing awareness of food and its hygiene and health status has led toHalalIncreased consumption and acceptance of food.HalalThe food market continues to grow, and those who are unable to produce sufficient quantitiesHalalFood NationalHalalThe demand for food will also continue to grow.2015Year,OICNationalHalalThe main importers of food are Saudi Arabia, Malaysia and the United Arab Emirates, with meat being one of the most popular imported foods. Other emerging countries such as Pakistan, Bangladesh, India and Indonesia have large Muslim populations and adhere to a Muslim diet.HalalAs many other countries rise economically, the growth in purchasing power in these Muslim-majority countries will prove astronomical. The same is true for the European market.HalalDemand for certified products is growing, particularly in countries with large Muslim communities, such as the UK, France and Germany.

chooseHalalFood causes

With the growing Muslim population and the acceptance of non-Muslim consumers, more and more people regardless of their faith are investingHalalfood.HalalThe product is an essential product for the Muslim community, but also a more humane and healthier choice for non-Muslim consumers.HalalAccording to the law, only the trachea, throat, and blood vessels are cut when slaughtering animals. This is important because the animal's spinal cord and nervous system are not severed. This process is not only more humane for the animal, but also eliminates the risk of cardiac arrest and prevents blood from clogging the animal's veins. This quick and humane process allows the blood to drain quickly. We have reason to believe that eatingHalalMeat may be better than nonHalalHealthier meat. As mentioned above, meat is prepared in a way that any remaining blood is drained from the carcass. Blood is a good carrier of bacteria, so removing it quickly minimizes unnecessary risks.HalalMeat consumers believe that compared with traditional slaughtering methods,HalalMeat is "more satisfying" because it stays fresher longer, so it's more tender and tastes better.Halalreligious aspects of the product, more secular contributors to the product preparationHalalGuide is interested.