Global halal food market to reach $922.53B by 2026 —Prime Group

UAE-based quality and compliance solutions provider Prime Group said Wednesday the halal food market is expected to grow $922.53 come 2026 as the Muslim population increases.

Citing a study by Polaris Market Research, Prime Group said the its recent halal certification to Philippine-based Purefoods Hormel is “timely and strategic” to the expected growth in the halal food market globally in the coming year.

“The growth is attributed to an increasing Muslim population worldwide and heightened demand even from non-Muslim consumers, coupled with development in retail sector supply chain,” Prime Group said.

“This has prompted leading market players to secure halal certification for their products and obtain access to a wider consumer base,” it said.

Prime Group has awarded halal certification to a facility of Purefoods Hormel that produces Tender Juicy Chicken Franks and Purefoods Corned Beef.

“Consumers today are now demonstrating a shift in eating and shopping habits. There is now increased consumer awareness about the nutritional benefits of halal certified food products,” Salah Ameen, vice chairman at Prime Group, said.

“We … support Purefoods Hormel by conducting the necessary inspections, assessments and halal certification to enable them to export their highly loved Philippine products to a wider audience in the United Arab Emirates (UAE) and its neighboring countries,” Ameen said.

Prime Group’s certification of Pure Foods Hormel will allow the company’s certified products to enter the UAE, the rest of the Gulf Cooperation Council (GCC) countries, and other international markets.

UAE-based Prime Group is a leading quality and compliance solutions provider in Asia, the Middle East, and North Africa. —Ted Cordero/VDS, GMA News