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Massive potential: Why are ASEAN halal food exports growing at a slower rate than global demand?

| 11/09/2019
By Pearly Neo, FoodNavigator-Asia.com

“With Muslim spend on food and beverages growing at 6.1% and forecast to reach US$1.9tn by 2023, there are significant opportunities for investment and the creation of global halal food brands,” said the State of the Global Islamic Economy Report 2018/2019.

That said, the region’s halal food exports industry has not been nearly as developed as could be expected.

For full article with information on Malaysia, Indonesia and The Philippines please go to:

HTTPS://WWW.FOODNAVIGATOR-ASIA.COM/ARTICLE/2019/09/10/MASSIVE-POTENTIAL-WHY-ARE-ASEAN-HALAL-FOOD-EXPORTS-GROWING-AT-A-SLOWER-RATE-THAN-GLOBAL-DEMAND 

Category: Asia, Farm-to-Fork News, Halal economy, Halal Integrity, Halal Trade, Indonesia, Market Intelligence, Research, Retail

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