Halalisation: Challenges and Opportunities in Halal Food and Beverages Industry for Halalpreneurs

Naelati Tubastuvi () and Yan Aldo Wiliantoro
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Naelati Tubastuvi: Universitas Muhammadiyah Purwokerto Jalan KH. Ahmad Dahlan Dukuhwaluh
Yan Aldo Wiliantoro: Universitas Muhammadiyah Purwokerto Jalan KH. Ahmad Dahlan Dukuhwaluh

A chapter in Contemporary Discourse of Halal and Islamic Entrepreneurship, 2023, pp 145-158 from Springer

Abstract: Abstract The Halal food and beverage industry presents a dynamic landscape with both challenges and opportunities for aspiring entrepreneurs in this emerging sector. Against the backdrop of the Indonesian halal market, this chapter discusses the concept of halalization and the associated challenges and opportunities that halal entrepreneurs face when entering this lucrative market. It also examines Halal certification using regular and self-declaration systems and describes the intricacies of obtaining Halal certification, dealing with complex regulatory frameworks, and addressing the changing needs of discerning consumers. It also explores the emerging trends in the industry, such as plant-based and organic halal products, which are opening new avenues for innovation in the halal business landscape. The chapter concludes by highlighting the promising prospects for micro, small and medium enterprises (MSMEs) in the halal food and beverage sector and highlights the importance of understanding and adapting to the ever-growing halal consumer market. Halalpreneurs must be well prepared to meet the unique demands of this niche industry while leveraging the immense economic potential it offers.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-6427-7_10

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DOI: 10.1007/978-981-99-6427-7_10

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