According to specifics, thorough certification compliance may enable Pakistan increase halal product exports to $5 to $6 billion yearly, capturing a significant piece of the $3 trillion global halal food market.
Meher Kashif Younis, former senior vice president of the Lahore Chamber, stated on Sunday at a Round Table Conference on “How to expand halal food exports?” that Pakistan may improve food exports by establishing and executing policies in collaboration with the private sector. He believes that Pakistan’s halal food production and exports of semi-cooked meat, which are in high demand in China and other Far Eastern nations, should be increased. He claims that Europe accounts for 80% of worldwide halal revenue.
He said that the expanding Muslim population throughout the world has raised demand for halal items. As a result, the government should support the export of such items and encourage exporters to continue to explore the global market while focusing on research and compliance, both of which are essential when conducting business in the global marketplace.
He claims that stringent halal compliance, quality certification, and government backing may boost halal exports to $5 to $6 billion in Pakistan. He believes that the government should provide a package of incentives to encourage the export of high-quality halal foods. He claimed that while Pakistan and other Muslim nations may export meat on a huge scale, no Muslim country is among the top ten halal meat exporters.