Thailand's Ambitious Halal Industry Plans for 2025
Thailand aspires to become one of the world's top five halal exporters by 2025, driven by a growing Muslim population. Despite current challenges like trade barriers and high transportation costs, the establishment of the Halal Department and National Halal Industry Committee has bolstered its position. Thailand's halal export value in 2023 was 222.247 billion baht, with food products accounting for the majority and an expected 4% annual growth.
Thailand has set an ambitious goal to become one of the world's top five halal exporters by 2025, driven by the growing Muslim population providing substantial opportunities.
Currently ranked 11th globally, Thailand's halal sector is worth over £1.6 trillion and is growing, with food products accounting for the majority.
Challenges include trade barriers, credibility of Thai halal certification, and high transportation costs.
The establishment of the Halal Department and the National Halal Industry Committee, alongside restored diplomatic relations with Saudi Arabia, have bolstered Thailand's position.
In 2023, Thailand's halal export value was 222.247 billion baht with an expected growth of 4% annually.
The market includes diverse products such as textiles, wellness, health, spas, and tourism, besides food.
Prominent figures like Supawan Teerarat and Paisan Promyong highlight both opportunities and challenges, emphasizing the importance of government support and increased awareness of halal certification among non-Muslim consumers.