The
worldwide Halal ingredients industry for food and beverages, cosmetic products
and pharmaceuticals was estimated to be $245 billion in the year 2015 according
to Halal Expo held in Europe. In the year 2014, the 57 Organization of Islamic Cooperation’s
(OIC) states that in total $33 billion is imported ingredients over all
categories which accounted of 13 percent of the total demand of ingredients.
The
Halal industry is highly advanced and developed with their leading players
mainly located in the non- OIC countries which has resulted in large amount of
ingredients which are made from animal derived ingredients or alcohol content. This
is because of lack of standardization of ingredients and products according to
Halal certification and lack of enforcement in certain sectors.
The most
harmful and notable Haram ingredients include lard, gelatin, carmine (red
colour derived from insects) and pepsin which is particularly used in dairy
product like cheese. Due to this, the consumer awareness is increasing which is
leading to strict OIC member states requiring Halal ingredients and increasing
the opportunities and markets for Halal ingredients for Muslim consumer market
around the globe.
Looking
to the present scenario, there is a high need for vigorous checking of Halal
certification across the large food value chain to see that Non-Halal
ingredients are not used in the making of Halal products. For this to happen,
there is a need of awareness among the food formulators and processors about
different and common food ingredients like colourings and proteins, flavouring
and if they are being used for Halal packaged foods. There is a need of centralize
database hub so that all consumers and suppliers can refer to. As for now this
is taking place on local basis.
This
year the Halal Expo Fair Trade Show Dubai 2017 is expected
to have around 5,000 visitors and around 40 exhibitors on the 18th and 19th of
September in Dubai at Roda Al Bustan , Airport Road - Dubai - U.A.E. It is a
very pleasant opportunity to grab this opportunity and develop affairs with the
people who can raise your shape in international market .It can prove to be a
cost efficient process to expand your Halal business industry.