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Muslims will spend $1.86 trillion on F&B by 2023

Muslims will spend $1.86 trillion on F&B by 2023

According to a study by Thomson Reuters and the DinarStandard, Muslims worldwide spent an estimated $1.3 trillion on food and beverage in 2017, and forecasts this global spend to grow by 6.1 percent to $1.86 trillion by 2023. With room for more growth and opportunities for businesses in various markets, Pondok Abang is poised to grow and become the leading Muslim-owned halal food manufacturer, and listed as a billion-dollar organisation!

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