JEDDAH: Saudi Arabia stands at the forefront of the global halal product industry, capitalizing on its unique status as the birthplace of Islam, thus earning the trust of around 2 billion Muslims worldwide. This unparalleled position imbues Saudi halal regulations and certifications with a high degree of religious authenticity and credibility, making them highly respected and sought after worldwide. The Kingdom’s regulatory framework, spearheaded by key bodies such as the Saudi Food and Drug Authority, ensures stringent compliance with halal standards, reinforcing its leadership in the market.
The Kingdom’s importance in the sector was underscored during the inaugural edition of the Makkah Halal Forum, held in January and attended by Saudi Minister of Commerce Majid bin Abdullah Al-Qasabi. The minister pointed out that the industry is one of the most rapidly expanding sectors globally. “Presently, the food market is valued at approximately $2.
5 trillion, and is expected to reach $5.8 trillion in 2033.” the minister said at that time.
As part of its Vision 2030 initiative, Saudi Arabia is actively fostering innovation and investment in the halal sector, aiming to diversify its economy and expand its influence in the global halal market. Through strategic collaborations, international forums like the Makkah Halal Forum, and advanced certification processes, Saudi Arabia is not only meeting the growing global demand for halal products but also shaping the future of the i.
