MALAYSIA, THAILAND DETERMINED TO INCREASE SALES IN GLOBAL HALAL FOOD MARKET
July 5th, 2014
The global market for halal food is expected to grow from USD698 billion in 2012 to reach USD830 billion in 2016, according to Malaysia’s department of Islamic development, and manufacturers in its country and neighbouring Thailand are competing to service this demand. Their respective food sectors are seeking to demonstrate their ability to produce and market food and beverages complying with Islamic religious standards. Large government-sponsored special industrial parks dedicated to halal are either under development, such as in Thailand’s southern ...
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