The World-wide Halal Foods Market place – Riding a Wave of Expansion

Halal certification

The literal meaning of the Arabic phrase ‘Halal’ is permissible. It is used in reference to foods and drinks that are permissible for Muslims beneath Islamic Law, as defined in the Koran. It lays down guidelines specifying what meals can be consumed as properly as the technique of preparation, addressing mainly meat items and animal tissue. For example, the Islamic sort of slaughtering animals entails killing by a reduce to the windpipe, carotid artery and jugular vein.

Muslim buyers now contribute to a increasing need for high top quality and different Halal food. The Halal certification is a issue for the one.six billion global Muslim population because many Muslims live in non-Muslim bulk nations in which Halal-qualified meals is at instances hard to find or exactly where the authenticity of the certification may well be questionable.

Growth prospective

What is driving the fast expansion in the Halal food industry?

Increase in Muslim populace

According to study released in 2015, Muslims at present make up about a quarter (23.two %) of the international population. The research even more states that the increase in the Muslim population is owing to a youthful demographic – numerous Muslims stay in international locations with reduced median ages like Indonesia, India and Pakistan – and on-going advancements in toddler mortality rates. With the increase of the Muslim client, foodstuff-service chains these kinds of as KFC and Nando’s now have Halal retailers, although Pizza Express employs Halal rooster and supermarkets in Europe are stocking up on frozen Halal meals.

Larger disposable revenue

Escalating revenue levels amid the Muslim populace are fuelling demand for new and differentiated Halal foodstuff. A developing Muslim populace as nicely as financial growth in nations with massive populations of Muslims makes this a lucrative section to spend in. For illustration, the blended disposable revenue of an American Muslim in 2012 amounted to USD98 billion.

Developing consciousness and demand

The consciousness factor is at enjoy for each the Muslim as well as non-Muslim inhabitants. The former is turning into ever more aware of their religious obligations whilst some professionals think that the latter are envisioned to shift in direction of Halal meals due to growing issues about unhygienic and unhealthy foods. For occasion, Halal meat accounts for about fifteen for each cent of complete meat sales in the United Kingdom (2.6 billion British pounds), which is considerably increased than the proportion of Muslims in Britain (which is around five per cent).

Non-foodstuff Halal market possibilities

Halal merchandise are not all relating to meat. The evolving way of life and increase in buying powers of Muslims imply that there is expanding desire for goods that conform to Islamic nutritional legal guidelines. As the Halal market carries on to increase beyond the foods sector there are several industries that stand to advantage which include:

Cosmetic and personalized care

A lot more consumers are informed that cosmetics may possibly have alcoholic substances or items derived from animals forbidden by Islam. According to 2013 knowledge, the Halal cosmetics and private treatment market is well worth roughly USD13 billion with an yearly development charge of 12 %.
neyyappam