Cookie Consent by Privacy Policies Generator website Global Halal Brazil Business forum to shed light on Brazil's potentials in global halal trade : GoDubai.com

GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

    Share

November 28, 2021-  Arab Brazilian Chamber of Commerce (ABCC) is set to organize the Global Halal Brazil Business forum, a three-day event to be held virtual and in-person which aims to discuss the latest developments in Brazil's halal market and offer new insights about the global halal trade. ABCC will host the event in partnership with the Federation of Muslim Associations in Brazil (FAMBRAS Halal) and supported by the Brazilian Trade and Investment Promotion Agency (Apex-Brasil), BRF, Iceport and Portonave at the Renaissance Hotel in Sao Paulo from December 6-8, 2021.

The event is set to provide a platform for officials, business, and experts to share their insights on global halal trade and its potentials, as well as the edicts surrounding trade of halal products. The forum also aims to shed light on the potentials of Brazil's halal market for stakeholders such as government entities of various nations, halal businesses, investors, federations, industry associations, chambers of commerce, exporters, distributors, retailers, and halal certification bodies.

The business forum recognizes importance and growing demand for high-quality halal, healthy, functional, and organic food products around the world. According to the State of Global Islamic Economy Report 2020, the revenue from the global halal trade, which serves around 1.6 billion consumers is USD 5 trillion, of which only USD 1.17 trillion accounts for foodstuff. The report also highlights the importance of a traceability guarantee, which offers greater security to the halal value chain and predicts a growth of 18 per cent in the halal trade by 2024.

Osmar Chohfi, President of ABCC, said: “Through the business forum, we aim to create awareness among the Brazilian exporters about the immense potential in global halal trade and support them to enhance their operations to boost the trade of high-quality Brazilian halal products. The forum will be an ideal opportunity for firms in the Brazilian food industry to explore opportunities, learn and collaborate with stakeholders in halal businesses, accreditation, and certification bodies, to expand Brazil's halal food trade and promote best practices, research, and development. The requirement for halal products is not limited to the food and beverages industry and extends as well to pharmaceuticals, cosmetics, services, finances, and tourism. The halal cosmetics industry alone is projected to grow up to USD 76 billion in terms of value by 2024. Brazil has strong potentials to expand its halal market at the global level considering its position as one of the largest animal protein exporters which meet the global halal standards.

“This business forum is also in line with the initiatives to ensure the integrity of the halal value chain. We are positive that this business forum will enable the creation of a business ecosystem for halal trade without any barriers across the world. The establishment of unified standards for halal trade will also boost halal businesses globally. As an important entity responsible for the diversification of Brazilian businesses, ABCC aims to increase the awareness of the Brazilian firms about current and future business opportunities and facilitate the entry of new stakeholders into the Brazilian industries flawlessly,” added Chohfi.

Ali Zoghbi, Vice President of FAMBRAS Halal, stated: “In Brazil, the halal industry has created around 1.5 billion direct and indirect jobs and the sector also holds huge potential for new business prospects. The practices and initiatives in the whole chain of production in the industry also adhere to the concept of conscious consumption and ensure the authenticity of halal products.” He also emphasized that even though most of the consumers of Brazilian halal products are Muslims, with the popularity of halal as a lifestyle, there are also many consumers who are non-Muslims. 

The key discussions on the first day of the business forum organized with the support of the Ministry of Foreign Affairs of Brazil, the Islamic Chamber of Commerce, Industry and Agriculture, the Arab League, and the Union of Arab Chambers will revolve around opportunities, challenges, and Brazil's role in the global halal industry. It will feature eminent personalities from governmental entities of various nations and experts in halal businesses. The second and third days will spotlight topics such as: Innovation and Technology in Halal as Competitiveness Factor, and Beyond Food - Halal in different ESG and Sustainability Ecosystems, respectively.

The forum also aims to encourage Brazilian enterprises to take up the opportunities to diversify the halal market to other industries such as cosmetics, fashion, medicines, finance and tourism and mark the niche market for halal trade in all Muslim – including non-Arab – countries and Islamic communities in Europe and the United States.



Posted by : GoDubai Editorial Team
Viewed 3866 times
Posted on : Sunday, November 28, 2021  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Sunny Varkey Launches Tmrw, a new Learning Operating System (LearnOS) for Global Education to bring ...
Next Story : Hotpack Scoops four Honours at PRIME Awards 2021, MD chosen MEA Personality of the Year
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
First Technology Event in 2022 in Dubai Opens with a Resounding Success
Shenzhen Brand Products Exhibition Come to Dubai Physically on January 2022
Mysterious Ancient Tombs Reveal 4,500-Year-Old Highway Network in North-West Arabia
Are You Ready for Valentine's Day? - Omega Says 'Show Me Love'
GEMS Education Statement: Navigating a Safe Return to School Over the Coming Weeks
New UAE weekend: SEHA announces updated operational hours across its facilities
Sony Middle East & Africa Broadens Availability of 360 Spatial Sound Experience ...
Loeb Eats Into Al Attiyah's Dakar Lead
RAKEZ Facilitates Bank Account Opening for Clients through RAKBANK's Quick Apply...
Dakar Update: Sheikh Khalid Al Qassimi
Iraqi Airways Receives its First A220-300
Ajman University Set to Host the "Year of the Fiftieth" Commencement C...
Oris Big Crown X Cervo Volante
NEW DATES: Atlantic Council Global Energy Forum to be held March 28-29, 2022, al...
Al Adil Enhances Product Range from Jammu & Kashmir
Loeb Closes the Gap Again to Turn Up Dakar Pressure
Samsung Electronics Announces 2022 Initiatives to Make Home Appliances More Eco-...
‘Connections' Art Exhibition Concludes at Angola Pavilion, Expo 2020
Maserati: Back to Racing. The First Italian Brand to Compete in the ABB FIA For...
The First-Ever Chupa Chups Room in the World Launches in Dubai, UAE
Terranova Gives BRX SuperB Stage Win as Dakar Reaches Half-Way Point
Samsung Launches Galaxy S21 FE 5G - The Ultimate Smartphone Designed for Fans in...
United Arab Bank Implements Complete Data Protection for Data Backup, Replicatio...
Xposure 2022 exhibitions mark a celebration of culture, adventure, beauty, and more
Region's First World of Coffee Opens at Expo 2020 Dubai
Samsung's Monitor Lineup Sets New Record for CE Accolades With Nine Awards
Arabian Automobiles Wins Two Major Awards: Agency Workshop of the Year, Agency B...
LG Levels Up the Laundry Experience With the Latest in Washing and Drying Solutions
Discover The Infectious Waste Disposal Solution at Arab Health
Emirates Post Group in collaboration with Emirates Philatelic Association. UAE ...
Invesco Outlook: Inflation Sets the Stage for 2022
Zoho's Dubai Headquarters To Operate On New Working Week
The Best Clean Beauty Brands at THAT Concept Store
The Republic of Paraguay's Diversity in Focus as a Tourist Destination at Expo 2020
Ozka's Step Challenge is Back at Global Village with a Chance to Win an Amazing ...
BRX Trio Stage Top Ten Show As Dakar Heads for Finish
Tashkeel Launches 2022 Exhibition Programme with the Work of Six Emirati Photogr...
SEHA Announces Closure of Mina Rashid Covid-19 Drive-through Services Center
Byredo Iconic Scents will Soon be Part of the Immersive Stay Experience at Inter...
Dubai Culture and Zoho Partner to Support Digital Transformation for Creative En...
SEHA Extends its Working Hours for COVID-19 Drive-Through Services Centers in Ab...
Sony Exhibits at CES 2022
Dubai Shopping Malls Group's Up to 1 Million Dirhams Prized Weekly Raffles, a Hi...
Lenovo's New Yoga PCs Blend Elevated Design with Sustainability
Enjoy Jashn-E-kebab on Zafran's Outdoor Terrace
Al Ghurair Properties Announces Partnership with Siemens to Implement Sustainabl...
Arabian Automobiles offers Nissan, INFINITI Owners' Industry-Leading Free Pick-U...
IBPC Retail Conclave 2022
Malabar Gold & Diamonds Inaugurates 2 New Showrooms in MG Road, Bengaluru and So...
Chile Pavilion Showcases Destination Diversity at Tourism Week