Indonesia

Indonesia

Prime market for Halal foods
With the largest Muslim population of 231 million (globally), analyst firm, Food Navigator says there is an internationalization opportunity for foreign brands to tap into the Indonesian Halal foods market, expected to grow by 2.2% and hit USD 19.2 billion by 2024. Indonesia is seeing a rise in middle income consumers with higher purchasing power and consumer openness to international food trends such as Korean, Japanese and European cuisine that are Halal-certified.