Halal Food Quiz

Introduction to Halal Food Industry

• The concept of halal food is mentioned in Al-Baqarah, 172, where Muslims are encouraged to eat good food and thank Allah.
• The halal food industry is a globally emerging market.

Halal Food Market

• The global halal industry (food and non-food) is estimated at USD 2 trillion, while the food industry alone is estimated at USD 590 billion annually.
• The global Muslim population is approximately 1.8 billion, with a growing rate of 1.8% per annum.
• The Muslim population is distributed across regions: 69% in Asia, 27% in Africa, 3% in Europe, 0.6% in America, and 0.4% in Oceania.
• Islam is the world's second-largest religion and is also the fastest-growing religion globally.
• The Muslim population in the US is estimated to reach 12.2 million in 2018 and is projected to be 2.99 billion worldwide by 2060.

Key Drivers of Halal Food Market

• Many consumers are looking for halal-certified food, prompting manufacturers to get certified.
• The halal industry has expanded across many markets and regions outside of the Middle East, particularly in Asia.
• China has improved trade with the Organisation of Islamic Cooperation countries to expand its domestic halal industry.
• The international market benefits from the halal market due to the presence of Muslim communities worldwide.
• There is a high demand for halal products due to the growing Muslim population.
• Even non-Muslim countries are focusing on halal products, such as Japan airline ANA seeking Malaysia's help in selecting halal food for in-flight services.