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Business

The Dubai Chamber of Commerce and Industry estimated the global industry value of halal food consumer purchases to be $1.1 trillion in 2013, accounting for 16.6 percent of the global food and beverage market, with an annual growth of 6.9 percent. Growth regions include Indonesia ($197 million market value in 2012) and Turkey ($100 million). The European Union market for halal food has an estimated annual growth of around 15 percent and is worth an estimated $30 billion, approximately $8 billion of which are accounted for in France.

The halal food and beverage industry has also made a significant impact on supermarkets and other food business such as restaurants. French supermarkets had halal food sales totalling $210 million in 2011, a 10.5% growth from five years prior. In France, the market for halal foods is even larger than the market for other types of common foods. For example, in 2010, the market for halal foods and beverages in France was nearly twice that of organic foods. Auchan, a large French supermarket chain, now sells 80 certified halal meat products, along with 30 pre-cooked halal meals and 40 frozen halal products. Upscale restaurants and catering services have also added halal foods to their menus. In addition, many beverage companies such as Evian have taken the effort to add a halal stamp on their products to show that their water and other beverages are pure and not haram or forbidden under Islamic law.