BD fifth in halal food markets

Dhaka,  Mon,  26 June 2017
Published : 16 Jun 2017, 11:04:37 | Updated : 16 Jun 2017, 11:19:46
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BD fifth in halal food markets

FE Online Report
Bangladesh is the fifth largest in Muslim consumer food expenditure markets, according to a report of Thomson Reuters.

It was estimated that the volume of the halal food market was $68.5 billion in 2015.

Indonesia, the biggest country having Muslim population, was the number one in Muslim consumer food expenditures, of which value was estimated at $154.9 billion in 2015.

Turkey, Pakistan and Egypt ranked second, third and fourth respectively. 

The volumes of Muslim consumer food expenditures in these countries were $115.5 billion, $106.3 billion and $77.5 billion respectively.

The report also mentioned that global Muslim food market or halal food market expenditure was $ $1.17 trillion -- 16.6 per cent of the global food market.

The halal food market is expected to grow at  $1.91 trillion by 2021.

 
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