Indonesia Becomes the World's Largest Consumer of Halal Food and Beverages
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The halal logo issued by the Indonesian Halal Product Assurance Agency (BPJPH) will replace the logo of the Indonesian Ulema Council (MUI), which has long been seen on halal food and beverages in Indonesia.
So, how much is the consumption of halal food and beverages in Indonesia?
Dinar Standard estimates that the value of halal food and beverage consumption in Indonesia reached US$135 billion in 2020. This makes Indonesia the world's largest consumer of halal food and beverages.
Indonesia's halal food and beverage consumption surpasses that of Bangladesh, which consumed US$113 billion. Egypt is ranked third with halal food and beverage consumption of US$111 billion.
Pakistan and Nigeria are ranked fourth and fifth on this list. Pakistan's consumption value is US$83 billion and Nigeria's is US$81 billion.
Dinar Standard estimates the value of global halal product consumption reached US$1.19 trillion in 2020. These five largest countries account for approximately 16% of that consumption value.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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