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Total Malaysia's Halal Export Market between 2017-2022 (in MYR Bilion) Source: HDC Knowledge Centre, 2023
Contexts in source publication
Context 1
... the year 2022 shows a very favourable trend as the country's halal food and beverage export industry experiences such an encouraging increase that the year 2022 shows the highest level of halal food and beverage export revenue compared to previous years. According to Figure 1, the country's halal export revenue is MYR59.9 billion and the country's halal food and beverage export revenue is MYR28.1 billion compared to 2021. The percentage increase in the country's halal export revenue is 39.40 percent while the percentage increase in the country's halal food and beverage export revenue is 37.37 percent. ...
Context 2
... the government's actions and support in ensuring the country's progress and reconstruction after the COVID-19 pandemic have had a positive impact. As shown in Figures 1 to 3, the food and beverage industry is recovering rapidly compared to other industries such as tourism ( Karim et al., 2020), where demand for halal food and beverages has increased significantly year-on-year. The growth of the halal food and beverage export market is driving the growth of Bursa Malaysia-listed companies that produce halal food and beverages. ...
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