Middle East

Top 10 exporters shipped halal meat worth $14.04 bn to OIC countries

Halal

The global halal-certified food and beverage industry is valued at $415 billion, according to a report released by Salaam Gateway.

Posted on Feb 18 ,12:00

Top 10 exporters shipped halal meat worth $14.04 bn to OIC countries

The biggest importer of halal-certified food from the OIC countries is Saudi Arabia, followed on the second spot by Malaysia, while UAE, Indonesia and Egypt occupy the third, the fourth and the fifth position respectively in the top 5 leading halal food importers.

Meanwhile, the top 10 biggest exporters of halal meat to the Organization of Islamic Cooperation (OIC) countries account for a total trade value of $14.04 billion.

Brazil is the largest exporter of halal meat to these countries with a trade value worth $5.19 billion, followed by Australia with $2.36 billion and India with $2.28 billion on the second and third spots respectively. Other big exporters are as follows:
France ($0.8 billion), China ($0.7 billion), Sudan and South Sudan ($0.63 billion), the Netherlands ($0.59 billion), Spain ($0.56 billion), Somalia ($0.47 billion) and Turkey ($0.46 billion).

A fact further evidenced by the way multinational food enterprises are fast expanding into the Halal zone. Right from major food suppliers such as Brazil’s BRF to top global food processing corporations like Nestle and even retail giants such as Carrefour, Walmart, and Whole Foods are venturing deep into the Halal space.

The muslim population reached 1.8 billion in 2015 and it is expected to be the world’s fastest growing religious group, increasing by 70% to almost 3 billion people by 2060, according to the forecast made by Pew Research Center. Very good news for the halal meat industry, seeing that the main driver for this market is set by the Muslim expenditure on halal meat and related products.

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