Bizz-O-Tech’s Post

Are You Ready for Indonesia’s Mandatory Halal Certification? Starting October 2024, all food, beverages, cosmetics, and other products in Indonesia must meet mandatory halal certification requirements. Is your business prepared? Our just-published Indonesia Halal Landscape Report 2024 offers critical insights and guidance to help you stay compliant and competitive. With over 60 pages of analysis, this report covers key sectors, market dynamics, and the challenges ahead. Stay ahead of the curve! Preview the report and ensure your success in Indonesia’s booming halal market. The report is available at the link here: https://lnkd.in/g_8-aaYQ #Halal #HalalCertification #Indonesia #MarketInsights #BusinessGrowth #Compliance

【FBIS】🌟 Navigating the Future of Halal in Indonesia: Insights from BPJPH's Chief Secretary 🌟 At the Global Food & Beverage Innovation Summit 2024, we had the privilege of hearing from Muhammad Aqil Irham, the Chief Secretary of the Halal Product Assurance Organizing Agency (BPJPH), Ministry of Religious Affairs, who shed light on the "Challenging and Prospective View of Implementation New Halal Regulation in Indonesia." 🇮🇩🕌 As Indonesia continues to lead the global Halal market, the recent updates to Halal regulations are transforming the landscape. Aqil’s presentation provided valuable insights into the opportunities and challenges faced by businesses navigating these new standards. From ensuring product integrity to meeting consumer demands for transparency, the evolving Halal certification process presents both hurdles and exciting prospects. For foreign and local businesses aiming to tap into the booming Halal market, understanding these regulatory shifts is crucial for long-term success. With Indonesia at the forefront, now is the time to innovate and adapt! Stay tuned for more updates on Halal trends, regulatory insights, and opportunities in the thriving Halal food & beverage sector. 🌍🍽️ #HalalCertification #FoodInnovation #RegulatoryChanges #IndonesiaMarket #HalalIndustry #FMCG #BusinessOpportunities

Discover the latest insights and trends in the halal industry across Asia! From new certification systems in Indonesia to Thailand’s strategic expansion in halal markets, HalalAsia Network, an initiative of PPAA that started a year ago, keeps you informed and ahead of the curve. PPAA recognizes that the halal market is evolving significantly. The global halal food and beverages market is projected to grow from USD 2.09 trillion in 2021 to USD 3.27 trillion by 2028. The halal cosmetics market is expected to grow at a CAGR of 11.6%, reaching USD 127.8 billion by 2033. This growth is driven by increasing awareness and demand for halal-certified products among Muslim and non-Muslim consumers. Follow us at halalasia.net/news to stay connected with the future of halal in Asia. Contact us if you need consulting services for your halal products in Asia. #HalalAsia #HalalIndustry #Asia #ASEAN

Can halal regulations actually spark a growth revolution in Indonesia? 🌍From fostering consumer trust to meeting global standards, Indonesian companies are optimistic, viewing the new standards as a pathway to innovation and market expansion. Senior Marketing Lecturer Dr Samer Elhajjar, Ph.D. believes that such an initiative “is intended to bolster consumer confidence, both domestically and internationally, as well as to promote Indonesia as a leader and top producer of halal products.” Read more about this new initiative here: https://lnkd.in/gm76aB_V #nusbusinessschool #leadingfromasia

𝐁𝐢𝐠𝐠𝐞𝐬𝐭 𝐋𝐢𝐞𝐬 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐇𝐚𝐥𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 ❌ ‘Halal is Just About Food’ ✅ Halal certainly extends beyond food to encompass various industries such as cosmetics, modest fashion, pharmaceuticals, tourism and finance. Ergo, it’s a Trillion-dollar industry. ❌ ‘Halal Certification is Too Complex and Expensive’ ✅ There are simplified certification processes and initiatives (i.e. government support and industry collaborations halalah PH ) aimed at making halal certification more accessible & affordable, especially for SMEs. ❌ ‘Halal is Only Relevant to Muslim Consumers’ ✅ Data shows a growing demand for halal products and services among non-Muslim consumers, driven by factors such as health, hygiene, and ethical considerations. From Nestle to Gucci et al, global brands have embarked on the halal bandwagon. #halalindustry 🇵🇭

Exporters who wish to sell their halal food products in #China – one of the biggest halal markets – need to go beyond offering Muslim-friendly products. Marketing #halal food products as healthy and safe will not only appeal to Chinese Muslims but also to the broader consumer market as well, according to the speakers at the panel discussion at the Malaysia International Halal Showcase (#MIHAS) 2024. MIHAS is an annual event organized by the Malaysia External Trade Development Corporation (MATRADE). #ASEAN #Malaysia

The halal industry's expansion into sectors such as food, beverages, and tourism has been evident in recent years, supported by Malaysia's Halal Development Corporation Bhd (HDC). HDC forecasts a 15% increase in halal product exports this year, building on the robust performance of 2022, where exports reached RM59 billion, a notable 63% surge from 2021. Investments in halal industrial areas have been substantial, totaling RM16.4 billion by the end of 2023, with an additional RM600 million expected this year. These figures underscore the global appeal of Malaysian halal products, emphasizing their quality, cleanliness, and authenticity. In anticipation of this growth, Qew Group Berhad enters the halal industry by establishing a Digital Asean Smart Halal Industrial Park in Bukit Kayu Hitam, Kedah. Located within the Free Trade Zone (FTZ) area, the park aims to offer cutting-edge infrastructure and amenities to support the entire halal value chain, from production to distribution. Learn more through the article at https://lnkd.in/efEbXjR9 Find out more about our projects here https://lnkd.in/eAh8DpRV

Discover the latest global trend: mandatory halal certification. 🌍 As more countries like Indonesia and Malaysia enforce halal regulations, businesses must adapt to stay competitive in the growing $8 trillion halal market. 📈 Learn how this shift is reshaping industries and consumer expectations. Read more: [https://buff.ly/3ZTruNB] #HalalCertification #GlobalTrends #HalalMarket"

The hidden cost of skipping halal certification:  Spoiler: It’s more than just missed revenue. Here’s the real deal:  1. Access to a $2 TRILLION Market Halal certification unlocks access to over 2 billion consumers globally, spanning food, cosmetics, pharma, and beyond. Without it, you’re missing more than sales—you’re losing relevance in Muslim-majority markets. 2. Competitive Advantage in Sensitive Markets Halal-certified competitors have a stronger foothold in key regions like Southeast Asia and the Middle East. Non-certified products? They’re often overlooked by distributors and retailers. 3. B2B Opportunities You’re Overlooking Think about missed government contracts, supplier partnerships, and distribution deals. Halal certification is no longer optional—it’s the key to sealing these opportunities. 4. Future-Proofing Against Regulations With stricter halal laws on the horizon (i.e: Indonesia), uncertified businesses may face costly compliance issues down the road. Curious about how halal certification can benefit your business? Reach out to us at +1 (630) 759-4981 or info@halalfoundation.org.  #HalalCertification #GlobalMarkets #BrandGrowth #B2BOpportunities

𝗜𝗻𝗱𝗼𝗻𝗲𝘀𝗶𝗮 𝗰𝗼𝗻𝘁𝗶𝗻𝘂𝗲𝘀 𝘁𝗼 𝗮𝗱𝘃𝗮𝗻𝗰𝗲 𝗶𝘁𝘀 𝗰𝗼𝗺𝗺𝗶𝘁𝗺𝗲𝗻𝘁 𝘁𝗼 𝗹𝗲𝗮𝗱 𝘁𝗵𝗲 𝗴𝗹𝗼𝗯𝗮𝗹 𝗛𝗮𝗹𝗮𝗹 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 With the enactment of Government Regulation 39 of 2021, Halal certification becomes mandatory across various sectors, ensuring the widespread availability of Halal products. This regulation now extends beyond Food & Beverage to encompass cosmetics, drugs, medical supplies, clothing, office supplies, household appliances, and more. Businesses must secure their Halal certification before sector-specific deadlines to ensure compliance. The initial deadline, focusing on Food & Beverage and its ancillary businesses, is fast approaching on 𝗢𝗰𝘁𝗼𝗯𝗲𝗿 𝟭𝟳, 𝟮𝟬𝟮𝟰! Australian exporters must meet these requirements to maintain or gain access to the Indonesian market. This change means a much broader range of Australian businesses will need to prepare to meet mandatory Halal requirements if they wish to export to Indonesia. Those accustomed to Indonesia’s previous Halal certification regime will need to update their practices to remain compliant. To avoid penalties like written warnings, fines, or product withdrawals from the market, it's crucial for Aussie businesses to act promptly and apply for certification without delay.    📰 The latest updates about Halal certification requirements: https://ow.ly/7e7v50R84eN  👩💼 A practical guide from experts: https://ow.ly/MtOG50R84eL  💡 FAQs: https://ow.ly/pYSs50R84eM    #DezanShira #HalalCertification #HalalIndustry #HalalCompliance #HalalBusiness #HalalProducts #HalalRegulation #HalalMarket #HalalEconomy #Australianexports