Thailand’s halal-certified food exports to the OIC market expected to grow by 5.0% YoY in 2024; focus should be on Saudi Arabia and the UAE (Current Issue No.3510 Full Ed.)

• During 2020-2023, Thailand’s halal food and beverage exports to the Organization of Islamic Cooperation (OIC) nations grew more than double its overall exports to the global market. In 2024, halal-certified foods are products with potential for Thailand, with anticipated growth of around 5.0 percent YoY in the OIC market.
• Thailand should intensify its efforts to broaden its presence in Saudi Arabia and the United Arab Emirates (UAE), as these are promising markets where halal foods and beverages could experience further growth. Additionally, these markets serve as key distribution hubs for other countries, which would allow Thailand to expand its market share.