@Halal September/October 2022 | Page 8

The Saudi International Halal Expo 2022 highlights the halal industry ' s latest innovation , research and development

08

Cover Story

@ Halal | September-October . 2022

A unique

opportunity

The Saudi International Halal Expo 2022 highlights the halal industry ' s latest innovation , research and development

THE growing population of Muslims globally will increase the demand for halal products and services in the upcoming years . This scenario will further highlight the existing and potential opportunities in the halal economy .

As a Muslim-majority country , Saudi Arabia has all it takes to champion this expanding global halal market . Halal products and services predominate the Kingdom in all sectors , including finance , tourism , logistics , healthcare and more .
Organised by 1st Arabia Tradeshows & Conferences , the Kingdom is set to witness the first of its kind halal expo - the Saudi International Halal Expo 2022 from Nov 7-9 , 2022 , at the Riyadh International Convention and Exhibition Centre ( RICEC ).
The expo will serve as an outstanding platform to showcase the latest trends of the global halal market besides highlighting the industry ’ s challenges , including halal regulations , standardisation and compliance . It also offers an excellent opportunity to focus on the latest innovation , research and development in the halal industry .
The Saudi International Halal Expo 2022 supports the Kingdom ’ s 2030 vision . After a long gap in physical activities due to the pandemic , this will be the first of its kind trade event in the Kingdom .
It provides an unique opportunity for the international exhibitors to physically
meet the Saudi buyers , traders and sourcing companies , who will visit the show from all major cities of the Kingdom , looking for new supply sources for all sorts of food and non-food products .
The exhibition aims to spread and expand awareness about the industry among visitors by attracting major international bodies to share their knowledge and present their research and innovations . It also seeks to attract professionals from around the world , Muslims and non-Muslims , to establish great business opportunities with regional and
Bilal Al Barmawi
international businesses . Saudi halal market
“ We welcome all professionals in the halal industry worldwide to meet , network , and share experiences at the Saudi International Halal Expo
2022 . We humbly offer this chance to all the international companies and organisations to gain greater exposure in the Muslim hub and the fastgrowing consumer market of Saudi Arabia ,” said Bilal Al Barmawi , CEO & Managing Director of 1st Arabia Tradeshows & Conferences .
Saudi Arabia ’ s halal food market is projected to grow at a CAGR of over nine per cent by 2024 . Increasing demand for packaged halal food among non-Muslims , strong import and export regulations and policies regarding halal food and products and increasing Muslim population in the country would further spur the growth of the halal food market in the Kingdom of Saudi Arabia .
Saudi Arabia market is a great potential halal food market , where Saudi Arabia ’ s Food and Drugs Authority ( SFDA ) has announced plans to launch what is claimed to be the