FoodTurkey-march2019

the halal food market saw growth of
33.3% in recent years.
The most promising halal markets
span over a range of different countries.
As the largest populations of
Muslim’s are located in the Asia-Pacific
region, both majority and non-majority
Muslim countries in this region
would have high demand for halal
products. However, markets in North
Africa and the Middle East are particularly
lucrative markets, as several
countries have majority-Muslim populations.
The halal food industry is also
growing in countries that have smaller
populations of Muslims, but that have
food quality and safety concerns, such
as Australia, the United States and European
countries.
Key halal markets include Indonesia,
United Arab Emirates, Algeria, Saudi
Arabia, Iraq, Morocco, Iran, Malaysia,
Egypt, Turkey, Tunisia, Kuwait, Jordan,
Lebanon, Yemen, Qatar, Bahrain, Syria,
Oman and Pakistan. Emerging halal
markets with relatively large Muslim
populations include India (177 million
Muslims), China (23 million), Russia
(16 million), the Philippines (5 million),
France (5 million), Germany (4 million)
and the United Kingdom (3 million).
To sum up:
- 25% of the world’s population is
Muslim, nearly 1.6 billion people.
-Food products prepared following a
set of Islamic dietary laws and regulations,
which determine what is permissible,
lawful and clean, are classified
as halal.
-The halal food market has grown
quickly over the past decade, and is
now worth an estimated $632 billion
annually on a global scale.
-Strong economic growth and rising
per capita incomes have fuelled demand
for diversified halal products,
enabling higher consumption levels
and more opportunities for halal food
producers.
-Halal consumption is not limited only
to the Muslim population; other consumer
goods are seeking halal food
due to halal food’s excellent reputation
for healthy and safe food products,
and the humane treatment of
animals.
March - April 2019 FOOD TURKEY 87