The Halal market: an economic opportunity for Thailand
The Halal market: an economic opportunity for Thailand It was in 2001 when Thailand adopted the policy of becoming the “Kitchen of the World” whereas in 2004 Chula’s Halal Science Center was established. Since then, it has played an important role in assuring Muslim consumers all over the world of their food safety. “Despite the limitation that Thailand isn’t a Muslim country, Muslims all over the world are confident that if the Halal food item is from Thailand, it has gone through stringent measures that meet both scientific and religious standards.” Associate Professor Dr. Winai also went on to disclose the numbers for its economic value “the halal market is enormous since it covers one-fourth of the world’s population or about two billion people. As a country that exports food and agricultural products worth 24 percent of its GDP, Thailand pays much attention to the world halal economy since its total worth is higher than 4.8 trillion USD per ...