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High costs in halal certification world could impede the expansion of the market

  • 31 Oct 10:55

High costs in halal certification world could impede the expansion of the market The growth of the global halal food market could suffer from the diverse certification systems that exist today and the high costs to meet all the requirements. In 2013, according to the current projection, the global halal food market is supposed to reach a value of $1,863 billion, up by 6.1% from the value of $1,303 billion reported last year. Nevertheless, the chaos for producers persist as long they have to pay different taxes for certification to more than 300 officially-recognised halal certifiers globally. Halal falls below global best practices due to a lack of commonly-accepted standards among these numerous certifiers, which often result in duplicate. Read more...