Market News
Global Halal Food Market– Recent Developments
- In January 2016, Kawan Food Berhad is one of Malaysia's leading exporter and largest manufacturer of frozen Asian food delicacies worldwide, invested US$ 0.0258 billion for the expansion of product demand of its manufacturing facility at Selangor Halal Hub in Pulau Indah, Malaysia. The objective was to cater to increasing demand for its food products.
- In 2021, Crescent Foods, an U.S.-based pioneer in premium hand-cut halal meat and poultry products, introduced turnkey foodservice program for university and college dining halls, nationally. The company will provide extensive range of products including turkey (seasonally), hand-cut beef, lamb, and chicken products for on-campus dining including restaurants.
- In 2022, Chicken Cottage limited is a UK-based fast food chain. The company is the master franchisor and owner of the "Chicken Cottage" brand. Announced to enter the East African market with the help of franchising partnership agreement with Express Kitchen, a subsidiary of All About Health AAH Limited, to develop their business line.
- In 2021, Nigeria entered into partnership with OneAgrix for better Agriculture and Halal market access under African Continental Free Trade Area (AfCFTA). With this partnership, Nigeria will gain better market access by using OneAgrix’s trading platform both globally and regionally.