HALAL certification and potential for manufacturing businesses

According to the latest figures published by the World Halal Forum, the global trade exchange value for Halal food products reached about 661 billion USD and if including non-food products and Halal services otherwise, this figure will reach from 1.2 to 2 trillion USD a year.

Potential for Vietnamese companies

With a quarter of the world’s population being Muslims, particularly in ASEAN, a quarter of the population are Muslims, the industry provides standard products and services for Muslims (Halal food), which is Important industries have great potential not only in the region but also in the world. This is a great opportunity for Vietnamese businesses to take full advantage of opportunities to increase exports. Global demand worth up to US $ 1.93 million in Halal food is only met approximately 10%. This is a great opportunity for Vietnamese exporting companies to participate in the global supply chain if they take advantage of the advantages of resources and take the initiative in implementing procedures to ensure goods quality.

However, in order to enter this market, manufacturing enterprises need to have Halal certification. Halal certification is a certificate, certifying that the product does not contain prohibited substances according to the Shari’ah Islamiah (Islamic Law) requirements and meets the requirements of food hygiene during production. Once this certificate is available, businesses are allowed to export goods to the Muslim countries and to Muslim countries.

The company which already get Halal certificate

There have been hundreds of businesses seeking opportunities to export to markets such as Taiwan, Nepal, Malaysia, Indonesia, Brunei and the Middle East (major markets that consume Halal food). Based on Vietnam has advantages in agricultural sources such as cocoa, coffee, rice, barley, sea products, seafood, spices, beans, vegetables, etc. Muslim’s food needs.

Understanding the potential of the market, understanding Halal Certification only requires the production process, raw materials must meet the requirements of Halal, in recent years, Vietnam has about 50 companies, which has new Halal Certification for major products including seafood, beverages, canned foods, confectionery, vegetarian food and pharmaceuticals. These include Orion Vina, Vinamilk, Nestle Vietnam, Tuong An Vegetable Oil Company, Minh Phu Seafood Corporation and An Phu Seafood Corporation, Bien Hoa Sugar Company ….

In particular, businesses that have been granted HACCP or ISO 22000: 2005 will be easier to get Halal certification.

It is forecast that by 2025, Halal-certified foods (Halal foods) will account for 20% of the total value of food consumed worldwide. Therefore, expanding export markets to Muslim countries is a potential direction of countries with strengths in food production and processing, including Vietnam.

Productivity and Quality Office