The predominantly Catholic country, Philippines is preparing a nationwide road map for its halal industry as it gears up to launch an international exhibition in the upcoming year.
The exhibition to be held in November 2024 aims to showcase the country’s best halal products.
According to a statement given to Arabnews, the Philippine Department of Trade and Industry noted that the government is developing a strategy and preparing a paper for the roadmap of the Philippine halal industry. The document is being developed with the assistance of the Halal Board and other stakeholders.
The current global market of halal food is estimated to be close to $2 trillion and is estimated to reach $3.5 trillion by 2024.
Philippines intends to develop its halal industry past the certification and accreditation process – and create it as a more inclusive option for everyone in the country.