7-11. Oktober 2023, Köln
Agenda
Global halal market 2.3 billion US dollars
According to the State of the Global Islamic Economy Report 2020-2021, the global halal market is estimated to be around US$2.3 billion by 2020. This includes halal food as well as non-food sectors such as halal cosmetics, finance and travel. In terms of halal food, the global halal food market was estimated at around USD 1.4 trillion in 2018, according to the same report.
This market is expected to continue to grow, driven by the increasing Muslim population, rising disposable incomes in Muslim countries and growing demand for halal products from non-Muslim consumers. The largest markets for halal food are in Asia, particularly Indonesia, Malaysia and Pakistan.
However, demand for halal food is also growing in other regions such as Europe and North America, where the Muslim population is increasing and non-Muslim consumers are also showing interest in halal products due to concerns about food safety and quality. Overall, the halal market is a significant and fast-growing market with increasing demand for halal products across a range of sectors.
The aims of the ANUGA Global Halal Conference
Organising a World Halal Conference could be a great initiative to address the problems and challenges of the halal industry.
- Providing a platform for knowledge sharing and networking among industry players, experts and stakeholders in the global halal food and services industry.
- Presenting the latest developments, emerging trends and innovations in the halal food and services industry.
- Promote awareness and understanding of halal certification and standards and the importance of standardisation and harmonisation in the halal certification process.
- Identify the growth potential and market opportunities for halal products and services, particularly in Europe.
- Exploring the challenges and opportunities in the halal food and services industry and discussing strategies to address them.
- Provide insights and practical solutions for companies looking to enter or expand their presence in the halal food and services industry.
- Promote collaboration and partnerships between businesses, government agencies, halal certification bodies and industry associations to drive the growth and development of the halal food and services industry.
Halal certifications and their weaknesses
It is difficult to give an exact number of halal certification bodies operating worldwide, as new organisations are always being established and existing organisations may merge or cease operations. However, it is estimated that there are over 500 halal certification bodies worldwide.
One of the main problems or weaknesses of the halal certification industry is the lack of uniformity and standardisation between certification bodies. Currently, there is no global standard for halal certification, and different certification bodies may have different criteria for certifying products as halal. This can lead to confusion for consumers and make it difficult for businesses to obtain halal certification.
In addition, there have been some cases of fraud and misuse of the halal seal by certain certification bodies, which can damage the credibility of the entire industry. This has led to calls for greater regulation and oversight of halal certification bodies.
Efforts are being made to address these issues. Various organisations are working to standardise and harmonise halal certification requirements. For example, the International Halal Accreditation Forum (IHAF) was established in 2016 to promote the standardisation and harmonisation of halal certification practices and procedures. The World Halal Council (WHC) is another international organisation that aims to promote the standardisation and recognition of halal certification bodies.