Halal vaccines: Potential $1 billion market?
30 Nov 2015
Insight
Salaam Gateway
The halal vaccine sector is still very much in its nascency, with only a handful of initiatives underway worldwide. But with consumer awareness growing about the non-halal ingredients in vaccines, there is significant potential for the sector to develop. Estimates from AJ Pharma point to a potential $1 billion market by 2030. For manufacturers seeking to target the Muslim consumer, how attractive is the market for halal-certified vaccines?
Paul Cochrane, Senior Associate, DinarStandard