Malaysian Halal SME urged to tap global demand
Small and medium enterprise (SME) industry players in the country have been urged to take advantage of the huge demand for halal food and products from consumers around the world.
Deputy International Trade and Industry Minister Datuk Mukhriz Mahathir said the global halal industry offers huge business opportunities and is expected to increase by 20 per cent this year.
He said the global market value for trade in halal food and products was estimated at US$2.1 trillion (RM7 trillion) a year.
The halal food sector alone was estimated at US$693 billion (RM2.3 trillion) a year, while non-food products such as healthcare items, cosmetics, and hotel, catering and other services would account for the rest.
“We see a trend of incremental demand for halal products from Muslim consumers as well as non-Muslim countries. SME business operators, especially those in the halal industry, should seize this opportunity by improving the quality of their products to meet
To see the full content, share this page by clicking one of the buttons below
About admin
We are a group of passionate enthusiasts keen to trigger even the smallest of change for a better tomorrow. Email us at info@hmedia.my.
Connect
View all Posts Visit Website
- Halal Media
