The 9th World Halal Summit and the 10th Organization of Islamic Cooperation (OIC) Halal Expo are expected to open new horizons in the export industry.

The four-day events will be held concurrently with Anadolu as the global communication partner and will begin at the Istanbul Expo Center on Nov. 23.

Türkiye, which has set an export target of $300 billion in 2025, has stepped up its search for alternative markets. It currently exports to 197 countries and focuses on the halal market, with its high potential.

Yunus Ete, the chairman of the World Halal Summit Council, said the halal market has exceeded $7 trillion in value and is expected to reach $10 trillion in the next five years.

He said that new horizons in exports can be opened with the halal market.

“According to the OIC Halal Economy Report, Türkiye, Indonesia and Malaysia managed to be among the top 20 exporters of halal economy products.

“Together with Malaysia and Indonesia in halal economy products, Türkiye stands out as one of the three countries that have the capacity to produce and export more than 20 items,” he added.

Ete said that spending on food by consumers in Muslim countries exceeded $1 trillion in 2022 and is expected to increase to $1.5 trillion by 2026.

He said this growth offers a strong opportunity in production, investment and exports among OIC countries.

“There is high consumer demand for healthy, halal and organic food products. OIC countries are dependent on imports in the food, pharmaceutical and cosmetics sectors,” he added.

Seeing this opportunity, Turkish companies are focusing on investments in halal-certified products, he said, adding they are also taking very strategic steps to create a strong network in this market.

Ete underlined the importance of the expo and the country’s Halal Accreditation Agency in this regard.

He said preparations for the 9th World Halal Summit, the world’s largest halal event, and the 10th OIC Halal Expo fair are continuing at full speed.

Noting that companies looking for alternative export destinations have shown extra interest in the fair this year, Ete said there is a very strong demand for the Halal Expo Fair.

“Last year, 446 domestic and foreign companies from 39 countries participated in the fair and 31,905 people visited. This year, we expect more than 500 local and foreign companies from more than 40 countries to participate and 40,000 visitors.”

He said important companies in the fields of food, food technologies, cosmetics, pharmaceuticals, textiles and modest fashion participate in the event.

This year, there is also serious demand for exhibitors from sectors related to Islamic finance and halal tourism, he added.

Noting that the World Halal Summit is being organized simultaneously with the fair, Ete said that this year’s summit will be held under the main theme of “A Gateway to the Global Halal Economy: Unveiling the Potentials.”

During the summit, where the halal economy will be discussed in areas such as accreditation, certification, food, medicine-chemistry-pharmaceuticals and tourism and finance, the world’s leading names with strong studies in this field will share the latest data in the panels organized, he noted.

Ete said the International Chefs Championship has also been organized simultaneously with the fair and the summit since 2018 and added that this year, the event will be organized much more comprehensively.

“This year, 1,000 cooks will participate in the championship, which we organize in cooperation with the All Chefs and Pastry Cooks Confederation (Taspakon) and the World Platform of Islamic Countries Culinary Societies – WICS,” he noted.

“In addition to the inter-country cooks competition, we will organize ‘Chefs Talks’ conferences with the participation of hotel chains, world-famous restaurant-cafe managers and famous people related to gastronomy,” he added.

*Writing by Gokhan Ergocun

Source of the news: https://www.aa.com.tr/en/economy/halal-expo-to-open-new-horizons-for-exports/2992359

Yunus Ete, Chairman of the Council of the World Halal Summit and Chairman of the Board of Discover Events, stated that the world halal market has reached a size of 7 trillion dollars and said, “The market is expected to reach 10 trillion dollars in the next five years. “It is predicted that the halal economy will shape the global market in the near future,” he said. Stating that they are working to increase Turkey’s share in this market, Ete said, “With the active work of the Halal Accreditation Agency and events such as the Halal Expo we organize, we aim to increase Turkey’s share in the halal market to over 400 billion dollars in five years.”

The size of the world halal market, which includes a huge sector from finance to food, from tourism to textiles, from cosmetics to medicine, pharmaceuticals and chemistry, has exceeded 7 trillion dollars. The halal market, which is expected to reach 10 trillion dollars in the next five years, is also expected to shape the global market. Turkey, which has become the base of the halal market with both its geopolitical location and the projects it carries out, has tripled its share in this market in the last five years, reaching over 150 billion dollars. Yunus Ete, President of the World Halal Summit Council and Chairman of the Board of Discover Events

Will shape the global market
Yunus Ete, Chairman of the World Halal Summit Council and Chairman of Discover Events, informed that the world halal market has more than doubled in the last 5 years. Explaining that the Covid-19 pandemic also had an impact on this rapid growth, Ete said, “One of the foundations of halal products is hygiene. During the pandemic period, people’s interest in healthy and hygienic products increased. This increased the interest in halal. Therefore, the market has entered a rapid growth momentum,” he said. Explaining that the world halal market is running towards 10 trillion dollars, Ete said, “It is estimated that Islamic finance will reach a size of 3.5 trillion dollars, the food and beverage industry will reach a size of 2 trillion dollars, the halal tourism sector will reach a size of 400 billion dollars, the cosmetics industry will reach a size of 200 billion dollars, and conservative clothing will reach a size of over 240 billion dollars.” is being done. “The halal economy is expected to shape the global market in the near future,” he said.

Türkiye rose to base position
Stating that they realized the potential in this market years ago and started working for the Halal Summit and Fair 10 years ago, Ete said, “With our organization that we hold regularly every year, we have made our country the base of the world halal market and contributed to Turkey’s increase in its share in the halal market.” he said. Explaining that Turkey’s share in the halal market is increasing every year, Yunus Ete continued as follows:
“Turkey’s share has already exceeded 150 billion dollars. Considering that the market size is 7 trillion dollars, you can see that there is a very big cake here. So we still have a long way to go. “With the active work of the Halal Accreditation Agency, which continues its activities in our country, and events such as the Halal Expo we organize, we aim to increase Turkey’s share of the halal market to over 400 billion dollars in five years.”

500 companies from nearly 40 countries
Stating that the 9th Organization of Islamic Cooperation (OIC) Halal Expo Fair will be held at the Istanbul Expo Center between 24-27 November 2022 this year, Yunus Ete gave the following information about the scarf: “Our organization is carried out by the Islamic Countries Standards and Metrology Institute ( We organize it under the coordination of SMIIC) and in cooperation with the Center for Development of Islamic Trade (ICDT). Nearly 500 companies from nearly 40 countries will participate in the organization with stands. “This year, as in 2021, we expect a total of nearly 40 thousand visitors from more than 90 countries for 4 days, of which nearly 9 thousand are foreigners.”

Opportunity for young entrepreneurs
The 8th World Halal Summit will open its doors this year with the motto “For sustainable trade: Explore the development of the global halal industry in all its aspects”. More than 50 international speakers will make presentations in 11 different sessions of the summit. In addition, the International Chefs Olympiad will be held under the umbrella of the World Halal Summit with the participation of international chefs from nearly 40 countries. Conservative Fashion and Art Street, where conservative clothing and accessory companies will participate and introduce their products, will meet with its visitors. This year, as in 2021, a special Start Up Zone area will be allocated for start-ups to introduce their projects to the international investor base, creating opportunities for young entrepreneurs.

Source of the news: https://www.foodturkey.com.tr/2022/11/06/dunya-helal-pazari-10-trilyona-kosuyor/

The Organization of Islamic Cooperation (OIC) Halal Expo Fair will be held at Istanbul Expo Center between 24-27 November this year. Nearly 500 companies from nearly 40 countries will participate in the organization with stands. Yunus Ete, President of the World Halal Summit Council and Chairman of the Board of Discover Events, gave information about the fair.
“We are organizing our organization under the coordination of the Standards and Metrology Institute of Islamic Countries (SMIIC) and in cooperation with the Center for the Development of Islamic Trade (ICDT). This year, as in 2021, there will be nearly 40 thousand visitors, nearly 9 thousand of whom are foreigners, from more than 90 countries for 4 days. “We are waiting,” he said.

The Summit Will Also Be Held
According to the information provided by Yunus Ete, the 8th World Halal Summit, which will be held within the scope of the fair, will open its doors this year with the motto “For sustainable trade: Discover the development of the global halal industry in all its aspects”. More than 50 international speakers will make presentations in 11 different sessions of the summit. Additionally, the International Chefs Olympiad will be held under the umbrella of the summit.

Halal Market Will Reach 10 Trillion Dollars
Yunus Ete stated that the World Halal Market has reached a size of 7 trillion dollars and said, “The market is expected to reach 10 trillion dollars in the next five years. It is predicted that the halal economy will shape the global market in the near future.”1 Explaining that they are working to increase Turkey’s share in this market, Ete said “With the active work of the Halal Accreditation Agency and events such as Halal Expo, we aim to increase Turkey’s share in this market to over 400 billion dollars in 5 years,” he said.

Source of News:  https://www.aksam.com.tr/kobi/40-ulkeden-500-firma-helal-expo-icin-geiyor/haber-1313107

The 9th Halal Expo Fair was held at Istanbul Expo Center on 24-27 November. The fair, which is the meeting point of the world halal industry, hosted participants from 39 countries, including the USA, England, Spain, Netherlands and India. At the fair, where a total of 446 companies, 305 foreign and 141 domestic, took part, companies had the opportunity to exhibit all their products. The fair, which was visited by 32 thousand people from 117 countries, generated a business volume of 1 billion dollars.

Source of News:  https://www.sabah.com.tr/ekonomi/9-helal-fuarini-32-bin-kisi-ziyaret-etti-6259065