You might be surprised how easy it is to fall out of the market bubble.But the real estate market has been a little different.A year ago, we predicted that the market would bubble by 2018.But by this summer, we are starting to see some evidence that it could actually bubble sooner.In fact, as of the end of June, the real-estate market had already hit the two-year high of $1.6 trillion.We believe t...
NEW YORK — The global halal meat market has hit a new peak as sales continue to rise as consumers are increasingly willing to buy meat that has been raised without animal products.
Halal market data provider Talal says there were 6.6 billion halal sales in March, up nearly 6% from a year earlier, while demand for meat rose 10% in the same period.
The increase in demand is largely driven by increasing demand for lamb, beef and pork in the United States and Europe, as well as increasing demand in Asia and Latin America.
Halabimim al-Shaikh, head of global halabim, a trade association, says demand for halal products in the market has increased because of growing interest in them among Muslim consumers in the Middle East, North Africa and South Asia.
Talal says global halamim sales in the first quarter of 2019 rose 7.6% to 1.4 billion, while halal retail sales increased by 6.4% to 2.1 billion.
The global retail market is estimated to be worth $2.8 trillion, and the global halah market is worth $1.5 trillion.
Halamimim says its goal is to double halal-related sales by 2020 to 10 billion units.