The halal food industry is continuing to grow ever stronger, with about one fifth of all world food trade currently halal. This amounts to a staggering market value of $1.2 trillion.
The halal foods market currently has 1.8 billion consumers worldwide, with the market also forecast to grow by about 20% by 2020.
Taking place from February 27 to March 2 at the Dubai International Convention and Conference Centre, Gulfood 2011 hosts companies from more than 100 countries around the world, and is ideally positioned at the epicentre of a burgeoning international import and export halal market.
"Gulfood plays a pivotal role in the industry by both showcasing products and fostering growth in the regional markets. In terms of the halal food and beverage category specifically, this is demonstrated by the wide range of international companies participating at Gulfood, and the increasing number of local and regional companies specialising in the halal market who attend to broaden their markets beyond the GCC," said Helal Almarri, CEO, Dubai World Trade Centre, organiser of Gulfood.
"Halal is an increasingly important pillar of the trade, and Gulfood is perfectly positioned both geographically and economically as a trading hub to support and facilitate continued growth for local, regional and international businesses in the halal segment."