Unleashing Potential: The Rise of the Global Halal Market
Experience the exponential growth of the global halal market, projected to reach $7.7 trillion by 2025. This surge is driven by sectors such as Islamic finance, food and beverage, pharmaceuticals, and more. With consumer spending on halal products expected to hit $2.4 trillion in 2024, the halal industry presents a promising economic sector for investment. Join us in this journey as we explore the untapped potential of the halal market
Continue ReadingUnlocking the Halal Goldmine: Invest in the Philippine’s Thriving Halal Market
Philippines aims to become a premier halal hub by 2028, tapping into the $7.7 trillion global halal industry. The strategic plan includes increasing halal-certified products and generating PHP230 billion in domestic halal sector investments. This presents a thriving market for investors, with potential for significant domestic growth and job creation.
Continue ReadingHalal Horizons: A Global Convergence at the Makkah Halal Forum
The Makkah Halal Forum, organized by the Islamic Chamber Halal Services and Manafea, is a pioneering event aimed at revolutionizing the global Halal Market. The forum will host workshops, panels, and exhibitions to address critical issues in the Halal economy and meet the needs of Muslim consumers. This 3-day event promotes cross-sector collaborations and drives the growth of the Halal market globally.
Continue ReadingState of the Global Islamic Economy Report 23/2024: A $142 Billion Opportunity
The halal pharmaceutical industry is experiencing significant growth, with Muslim consumer spending projected to reach $142 billion by 2027. Strategic partnerships, government initiatives, and advancements in AI are driving this expansion. The industry presents promising investment opportunities for sustainable growth.
Continue ReadingCapitalizing on Halal Pharmaceuticals: The Billion-Dollar Path to Ethical Healthcare
Venturing into the halal pharmaceutical market, valued at USD 151.5 billion by 2027, offers a lucrative opportunity for ethical healthcare. Despite challenges like standardized regulations and consumer trust, it paves the way for a more inclusive healthcare landscape for all.
Continue ReadingIndonesia
Indonesia has a very active halal pharmaceutical market due to the country’s large Muslim population and the government’s endeavor to promote the development of the sector
Continue ReadingMalaysia
Malaysia is a leader in the halal pharmaceuticals industry and has a vibrant market in this sector.
Continue ReadingIran
Iran has both the government support and the strong infrastructure which presents opportunities for a growing halal pharmaceutical market.
Continue ReadingSaudi Arabia
Saudi Arabia’s halal pharmaceutical sector has a significant potential for growth, driven by an increasing demand for halal-certified products, and favorable government regulations.
Continue ReadingUnited Arab Emirates
UAE’s Halal pharmaceutical market is on the rise due to the country’s increasing awareness ot the importance of halal certification for the Muslim population. In addition to the government initiatives to promote the halal industry in the country.
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