Menu

AllPack 2016

Bosch Packaging Banner VerticalFood EN 744x56

South Korea aims to double halal food exports to US$1.2bn by 2017

South Korea aims to double halal food exports to US$1.2bn by 2017, Asia packaging, South Korea packaging, food packaging, end use consumer trends
SOUTH KOREA –
South Korea is looking to almost double its halal food exports from its current US$680 million to US$1.23 billion by 2017.

Korean food producers, who estimate the global halal food industry will be worth US$ 1.6 trillion by 2018, have been working to move to halal production, with a view to exporting to the Middle East.

One such brand owner, instant noodle producer Nongshim started production of a halal version of its products in 2011 and began exports to Saudi Arabia, the UAE and Qatar; since the launch, the company ahs seen sales rise from US$900,000 in 2011 to US$2.5 million in 2014.

For the full story, subscribe to Packaging Business Insight Asia here.

FacebookMySpaceTwitterDiggDeliciousStumbleuponGoogle BookmarksRedditTechnoratiLinkedinRSS FeedPinterest
Pin It