HalalFocus.net - Daily Halal Market News
Daily Halal Market News. Vietnam has three important bases for developing the Halal industry, including political and social stability, ...
USA: $2.3 Trillion Halal Consumer Market Plays a Significant Role …
Apr 21, 2024 · Consumer spending in global halal economy grew 9.5% year on year to US$2.29 trillion in 2022 (halal economy = products and services based on Islamic ethics and values) Domestically, the halal lifestyle consumer market, estimated at $63.6 billion in 2022, is the 10th largest globally US was the 3rd largest exporter of food and beverages ...
USA: Halal food sees big gains in U.S. restaurant market
Aug 11, 2023 · Amanullah credits two economic factors with facilitating the rapid expansion of halal restaurants: the growing Muslim market and the narrowing cost gap for restaurants purchasing halal products. (State Dept./S. Wilkinson) Amanullah points out that “Muslims make up 1% of the country, but in major metropolitan areas that jumps to 5, 6 or even ...
Saudi Arabia: Makkah Halal Forum marks Saudi Arabia ... - HalalFocus.net
Jan 27, 2024 · Speaking at the inaugural edition of the Makkah Halal Forum, the Kingdom’s Minister of Commerce Majid bin Abdullah Al-Qasabi noted the significance of witnessing both local and international participation alongside the signing of …
USA: To halal or not to halal? - HalalFocus.net
Nov 25, 2019 · While an array of halal certified products, both made in the USA and imported, is becoming quite evident, most U.S. based companies produce halal only for export. The problem may lie with Muslim consumers not being able to show the food producers that 8-10 million Muslims and 16-20 million halal consumers live in America.
Report: Global Halal Economy Growth Opportunities
Sep 7, 2022 · The buoyant market for the global halal economy is expected to reach $4.96 trillion by 2030, says Frost & Sullivan. Frost & Sullivan’s recent analysis, Global Halal Economy Growth Opportunities, finds that the halal economy is experiencing an upward trend as the demand for halal products from Muslims and non-Muslim nations increases.The main factors driving the halal industry are favorable ...
Opinion: Top four halal megatrends that will shape the halal …
Dec 30, 2023 · By Marco Tieman. The halal industry is a fast-growing industry, today covering not only food but also non-food (such as cosmetics, pharmaceuticals, and modest fashion) as well as services (hotel, restaurant, café, logistics, and tourism).
Saudi Arabia: Soaring demand for Halal products is a sign of wider ...
Jul 19, 2023 · RIYADH: The growth of halal medicines, cosmetics and even sportswear is fueling an economic boom that is reaching far beyond Saudi Arabia, and the wider Middle East. – Global product launches with halal claims jumped by 19 percent from 2018 to 2020, from over 16,000 products to more than 20,000. – Some 63 percent of these products have been reported to be coming from Asia, followed by ...
About Us - HalalFocus.net - Daily Halal Market News
HalalFocus is a shared online filing cabinet of news, opinion, research papers, statistics, reports…anything we find useful…and now also including ethical issues that are relevant to the changing world today. SDGs must be recognised and worked towards urgently, especially in the African countries and their work in agriculture.
Opinion: Halal reputation management: an afterthought to halal ...
Jun 21, 2022 · By Marco Tieman. According to the latest State of the Global Islamic Economy Report 2022, the halal market is expected to be valued an estimated US$2.8 trillion by 2025 at a 4-year Cumulative Annual Growth Rate (CAGR) of 7.5%.