Home » Malaysia Eyes Greater Share Of Me Halal Market

Malaysia Eyes Greater Share Of Me Halal Market

News From : DagangHalal.com (05 Nov 2009)

Malaysia is looking to increase its share in the Middle East halal industry, to reach its 25 per cent growth target for the sector this year, according to the Malaysian Ministry of International Trade and Industry (MMITI).

‘Halal Expo 2009’, the definitive event for the halal industry in the region, will see top exhibitors from Malaysia, who will comprise one of the biggest national delegations at the annual affair, according to organisers – Orange Fairs&Events.

The three-day exposition is slated to run from November 10 to 12, at the Madinat Jumeirah Hotel in Dubai.

According to market projections based on latest available statistics from the Ministry, the value of the region’s halal industry was more than $20 billion in 2008.

Over 200 brands from 34 countries are expected to attend the event. In addition, the event is poised for a 100 per cent growth this year, with the anticipated attendance of approximately 4,000 visitors and a total of 2,600 sqm of exhibitor space.

Several regional and international halal certification authorities, chambers of commerce and international halal associations are also participating in the event.

“The halal industry has become a strong stable market with the number of halal consumers worldwide reaching 1.8 billion and annual sales hitting $580 billion,” said Nafees Ahmed, project manager, Orange Fairs&Events.

Leave a Reply

Your email address will not be published.