Based on the Halal Food Indicator (HFI), Malaysia leads in the halal food sector.
Malaysia: A Leader in Halal Food
Malaysia is recognized as a global leader in the halal food industry. According to information available as of June 7, 2023, in 2020, Malaysia achieved a Halal Food Indicator (HFI) score of 209.8. This score reflects several key aspects of the halal food sector within the country:
- Trade of Halal Food Products: Malaysia actively participates in the international trade of halal food products, contributing to its high HFI score.
- Regulations: The country has well-defined regulations governing the production, certification, and distribution of halal food.
- Public Awareness: There is significant public awareness and understanding of halal food standards and requirements in Malaysia.
- Product Pricing: The pricing of halal food products in Malaysia is also a factor contributing to its leadership in the sector.
Halal Food Indicator (HFI) Explained
The Halal Food Indicator (HFI) is a metric used to assess and compare the status of halal food sectors across different countries. It considers various factors, including the regulatory environment, trade activities, public awareness, and economic aspects related to halal food. A higher HFI score indicates a stronger and more developed halal food sector.