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

In: Contemporary Discourse of Halal and Islamic Entrepreneurship

Author

Listed:
  • Naelati Tubastuvi

    (Universitas Muhammadiyah Purwokerto Jalan KH. Ahmad Dahlan Dukuhwaluh)

  • Yan Aldo Wiliantoro

    (Universitas Muhammadiyah Purwokerto Jalan KH. Ahmad Dahlan Dukuhwaluh
    Business School)

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.

Suggested Citation

  • Naelati Tubastuvi & Yan Aldo Wiliantoro, 2023. "Halalisation: Challenges and Opportunities in Halal Food and Beverages Industry for Halalpreneurs," Springer Books, in: Lukman Raimi & Salisu Monsuru Adekunle & Muhammad Salman Shabbir (ed.), Contemporary Discourse of Halal and Islamic Entrepreneurship, pages 145-158, Springer.
  • Handle: RePEc:spr:sprchp:978-981-99-6427-7_10
    DOI: 10.1007/978-981-99-6427-7_10
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