Global Market Potential and Market Access Requirements of Halal Food

Halal food refers to food products consistent with the Islamic doctrine. It is now one of the most profitable and influential sectors of the global food industry, with an annual growth rate of 8.14%. According to the “State of the Global Islamic Economy Report 2019/2020”, the global halal food market exceeds 1300 billion US dollars, and it is expected to reach 1900 billion US dollars by 2023 ^[1]. Due to the large population of Muslims, Asia-Pacific regions and North Africa are the major areas for halal food consumption. It is noteworthy that in Muslim countries, most vegetables, meat products, and processed food are from overseas.