The Halal industry is the new growth sector in Malaysia's manufacturing sector and is the fastest growing global business across the world. It is also an emerging market force that is attracting non-Muslims with its wholesome, hygienic and contamination-free principles is food production.
The global value for trade of Halal foods and non-food products is estimated to reach US $10 Trillion by 2030. While the Halal industry in Malaysia was estimated that the potential value of the Halal food industry range between USD600 billion and USD2.1 trillion.
Food Products : Livestock, Processed Food & Beverages, Food Retailing
Pharmaceutical, Cosmetic and Personal Care: OTC, Drugs/Vaccines etc, Nutraceuticals.
Additives & Ingredients: Food Products, Non-food Products.
Lifestyle : Apparels, Restaurant & Hotels.
Services: Logistics, Standard, Auditing & Certifications, Research and Technology Development.
The Penang State has initiated the development of Penang International Halal Hub to serve the growing global consumer demands for Halal products and services and has formed PIHH Development Sdn Bhd, also known as Halal Penang, to forefront the coordination and facilitation of the promotion and development of the Halal industries in Penang.
The Penang State has dedicated approx 130 acres of land for the development of the Halal Integrated Park within Penang Sciences Park.