Today the Halal Monitoring Committee announced the publication of the report:
‘The value of the halal sector to the UK economy from farm to fork’
The report emphasizes the continuing importance of the halal market to UK farming and to the UK economy during a period of ongoing economic crisis. The underpinning research conducted by Dr John Lever, Dr Shabbir Dastgir and Dr Awal Fuseini at the University of Huddersfield’s School of Business, Education and Law estimates the value of the halal meat and poultry sector at slaughter at approximately £1.7 billion out of an overall UK total of £11 billion, about 15% of the overall value.
The sheep sector is of particular significance, with an estimated financial value of at slaughter at approximately £810 million out of an overall market value of £1.1 billion – which equates to about 74% of overall market value.
The report provides a detailed examination of the halal sheep, chicken and beef sectors, including financial value and market dynamics, as well as insights on market opportunities, fraud and halal certification, and the growing sustainability concerns of young Muslim consumers.
To view the full report please click here
To view a video summary of the report click here
———————————————————————
HMC is the UK’s largest Halal certifying body, employing over 220 people. Last month alone, HMC staff spent 12,000 hours to ensure your food is genuinely Halal with 13,000 visits made to outlets nationwide. It is a registered charity and also a not for profit organisation. It is overseen by a voluntary body, the National Executive Committee that consists of mainly scholars who are the Trustees of the organisation. HMC has been set up to work in the favour of all Muslims and the consumer at large. HMC aims to regulate and at every point inspect Halal products from source to the consumer. HMC is committed to serving the Muslims and the wider community and it intends to provide peace of mind and security where required.