Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

UAE -Halal food gains momentum  Join our daily free Newsletter

MENAFN - Khaleej Times - 19/12/2013
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) The halal food industry is gaining momentum in conventional and non-conventional markets across the globe due to its hygienic and safety qualities, say exhibitors at second OIC Halal Middle East Exhibition and Congress.

The industry stakeholders said investors are increasingly looking opportunities to make investments in halal food products to capitalise growth in this untapped market across many geographies. They also hailed various initiated launched by the UAE government to promote halal industry and said Dubai has strong potential to become the capital of Islamic economy in coming years.

The three-day exhibition and congress attracted exhibitors from non-conventional halal food markets like Italy, South Korea, Russia and Japan, among others. They were upbeat about the outlook of halal food market even in those countries where Muslims are in minority. Over 125 exhibitors and 200 delegates are attending the three-day event, which concluded on Wednesday.

"Halal food is picking up in Italy and we are confident of its success in the country because of its popularity even in non-Muslim population," Mansur Giuseppe Baudo, audit manager at Halal Italia, told Khaleej Times.

He said Halal Italia is the Italian organisation for Islamic certification and it is also recognised from UAE's Ministry of Environment and Water and Majlis Ugama Islam Singapura - Islamic Religious Council of Singapore.

"The UAE ministry issued a decree in 2012 to recognise Halal Italia certification, and now our certification is acceptable in all other countries of Gulf Cooperation Council including Saudi Arabia, Kuwait, Qatar, Oman and Bahrain," he said.

Baudo said halal food is very popular in Italy and playing a key role in establishing close relations between East and West.

Echoed the same views from another non-conventional market, Korea Halal Association advisor Jo Young Chan said halal food prospects are bright in the country. "Our association is a non-profit body that has been formed to provide a common platform to stakeholders in Korea halal industry," he said.

Chan said the association right now has only 10 members, but due to growing popularity and demand of halal products he is confident of about 200 to 300 members in next five years. "

Halal food industry is growing rapidly in Korea despite low Muslim population and the association will start issuing its own halal certification from next year," he said.

The exhibitors from Muslim nations are also buoyant about the future of halal food industry and said enormous opportunities exist in this fast growing segment. They underlined the need to uniform standards for halal certifications to realise the true potential of halal trade even in conventional markets of Muslim majority population countries.

"Halal food is progressing well and we see a promising outlook for the industry in coming years," said Darningsih Rustiadji, director at Indonesian firm Deka Adiguna.

She said Indonesia is a big potential market for halal food and demand for halal products is on the rise as people are more cautious about edibles and shifting towards halal items.

"Halal food is not only for Muslims, it is getting popular even in non-conventional markets in Europe and Asia as we secure orders for our products from Netherlands, Korea and Japan," she said, and adding that there is need to explore markets in South America.

Rustiadji said Middle East is a big potential market for Indonesian halal food products. "We have more than 100 halal products and secured reasonable orders from Saudi Arabia and the UAE," she said.

Hamed Abedian, commercial manager at Iran's Sefid Goosht Hamoon Company, said halal food future is good due to its growing demand and awareness in major markets. "We deal in fresh and frozen fish, chicken and beef. We are participating in the exhibition for the first time and hope to get good business," he said.

Abedian appreciated the halal exhibition and congress to promote the halal food products and called for more strenuous efforts to explore new markets across the world.

 


Khaleej Times




  MENA News Headlines
 Sep 17 2014 - Kuwait Stock Exchange Closes on Green NoteQatar News Agency
(MENAFN - QNA) Main indices of the Kuwait Stock Exchange ended trading Wednesday in the green zone with the weighted, the price, and the KSX 15 indices up by 1.39, 14.07, and 5.63 points ...

 Sep 17 2014 - HE Assistant FM Receives Copy of Vietnamese Ambassador's CredentialsQatar News Agency
(MENAFN - QNA) HE Assistant Foreign Minister for Foreign Affairs Mohammed bin Abdullah Al Rumaihi on Wednesday received a copy of the credentials of Nguyen Hoang as ambassador of the Socialist ...

 Sep 17 2014 - HE Prime Minister Meets Chubu Electric Power ChairmanQatar News Agency
(MENAFN - QNA) HE Prime Minister and Interior Minister Sheikh Abdullah bin Nasser bin Khalifa Al-Thani on Wednesday met with Toshio Mita, chairman of Chubu Electric Power company on the occasion of ...

 Sep 17 2014 - Italian President Receives Message from Kuwait's EmirQatar News Agency
(MENAFN - QNA) Italian President Giorgio Napolitano received a message from Emir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah pertaining to bilateral relations between the two ...

 Sep 17 2014 - US Vice President Ukrainian Prime Minister Discuss Minsk AgreementQatar News Agency
(MENAFN - Qatar News Agency) Moscow September 17 (QNA) - Russia and eastern Ukrainian independence fighters should fully observe provisions of the Minsk ceasefire agreement US Vice President Joe ...

 Sep 17 2014 - HE Minister of Culture Arts and Heritage Meets US AmbassadorQatar News Agency
(MENAFN - Qatar News Agency) Doha September 15 (QNA) - HE the Minister of Culture Arts and Heritage Dr. Hamad bin Abdulaziz Al Kuwari met here Monday with HE US Ambassador to Qatar Dana Shell Smith. ...

 Sep 17 2014 - 52 Taliban Militants Killed During CounterTerrorism OperationsQatar News Agency
(MENAFN - Qatar News Agency) Kabul September 15 (QNA) - At least 52 Taliban militants were killed following joint clearing operations by Afghan national security forces in various provinces of the ...

 Sep 17 2014 - One Policeman Killed Two Injured in Pakistan's militant attackQatar News Agency
(MENAFN - Qatar News Agency) Islamabad September 15 (QNA) - A policeman was killed and two others sustained injuries when unknown militants launched an attack on Tal Police Station on Monday morning. ...

 Sep 17 2014 - US Drone Strike Kills Seven on PakAfghan BorderQatar News Agency
(MENAFN - Qatar News Agency) Islamabad September 14 (QNA) - Seven suspected militants including two key commanders of Badr Mansoor group have been killed in a US drone strike according to Pakistan ...

 Sep 17 2014 - ISIS United Iraq Country's Deputy Prime Minister SaysQatar News Agency
(MENAFN - Qatar News Agency) Baghdad September 14 (QNA) - Iraq's Deputy Prime Minister Hoshyar Zebari said Sunday that ISIS organization has united the country rather than divide it. He said that ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help