Strong Growth For Indonesia’s Halal Food And Drinks Sector

Key View: Indonesia, the world’s most populous Muslim country, will be a key driving force in the growth of the halal market globally, as consumers’ incomes rise in real terms. Similarly, the large youthful population provides the base for sustainable growth past the medium term (2022-2026). Because of these factors, we forecast robust growth for halal meat and bread spending over the medium term.