For instance, in October 2019, Indonesia made halal certification mandatory for halal food products and established the halal products certification agency, Badan Penyelenggara Jaminan Produk Halal (BPJPH).
Halal meat has always been a remarkable business segment. Meat & alternatives held the largest segment in 2021 and are expected to maintain dominance over the forecast period. According to an article published in Salam Gateway, in November 2020 Egypt's council of ministers introduced the 'Halal in Egypt' mark for Egyptian halal exports, while the Philippines' Department of Trade and Industry (DTI) also launched an official national logo. The confidence of consumers in halal brands has been the most influential factor in the actual purchase of these products. Governments of the Islamic, as well as the non-Islamic nations and the manufacturers of halal-certified food products, have been taking various initiatives in terms of marketing & educating consumers about these products. According to an article published in Salaam Gateway, in November 2019, 63.6% of Muslims globally spend USD 2.2 trillion on halal and Islamic food and lifestyle products.
The global halal food industry is expected to witness a CAGR of 3.6% during the forecast period owing to the increasing Muslim population and their substantially increasing expenditure on food & beverages, which is considered the main driving force of this market.
The global halal food and beverage market is expected to reach USD 1063.11 billion by 2030. Dublin, J(GLOBE NEWSWIRE) - The "Halal Food and Beverage Market Size, Share & Trends Analysis Report by Product (Grain Products), by Distribution Channel (Hypermarket & Supermarket), by Region, and Segment Forecasts, 2022-2030" report has been added to 's offering.