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Profitable Future For Halal Industry

News From : DagangHalal.com (11 Nov 2008)

This may come as a surprise to some, but the multi billion dollar Halal industry is not just about food. There are many consumer goods from cosmetics to healthcare products that all fall under the banner. While the customs behind Halal meat are well known, the production of other products is less obvious. Halal products are not only for Muslim but a non-Muslim client too as the Halal principle continues to give confidence to consumers. A spokesperson for the US based company says, The Middle East market is growing every year and as such it is becoming more important. The Halal industry in the Middle East is estimated to be worth more than Dhs73bn in 2008, according to recent industry reports. Sparking the interest of global players looking to strengthen their operations in this highly profitable market, Orange Fairs & Events will be hosting ‘Halal Expo 2008’, which is slated to run from November 24 – 26, 2008 at the Crowne Plaza Hotel in Dubai. Halal Expo 2008 will bring producers from around the world together to showcase their products as well as provide a venue to discuss such issues as standardisation of the industry. It will give national industry leaders the chance to work together with professionals from Malaysia, South Africa, Brunei, Saudi Arabia and Indonesia, which have Halal compliance systems in place. It is often taken for granted that processed food and products available in supermarkets of an Islamic country like the UAE are fully Halal compliant unless stated as being for ‘non Muslim’ consumption or use. There will be a number of producers from Saudi Arabia and Brazil, the latter of which is one of the world’s biggest exporters of meat. The expo gives us the opportunity to show our products and proves there is global focus to a growing demand for Halal products worldwide. With the dense concentration of Muslim consumers in the Middle East, there is huge potential for the Halal industry to produce and distribute high quality, regulation certified products throughout the region. Reference: HalalFocus.com Posted in: Middle East & Africa, Media & Events By Aimee Greaves By business24-7.ae Nov 3, 2008 – 7:36:52 PM http://www.halalfocus.com/artman2/publish/Middle-East-Africa/Profitable_Future_for_Halal_Industry.shtml

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