Subject category:
Marketing
Published by:
Allied Business Academies
Length: 6 pages
Data source: Published sources
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Abstract
With a global population estimated at approximately 1.56 billion, a relatively high birth rate, and growing affluence, the world's Muslim population represents an increasingly attractive consumer market. Muslims are expected to avoid certain activities and substances and these prohibitions have significance for marketing activities. This case explores the Islamic practices and restrictions that apply to food products, the difficulties of meeting differing international halal standards, and the opportunities for domestic and international firms to expand into the growing Muslim market.
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Abstract
With a global population estimated at approximately 1.56 billion, a relatively high birth rate, and growing affluence, the world's Muslim population represents an increasingly attractive consumer market. Muslims are expected to avoid certain activities and substances and these prohibitions have significance for marketing activities. This case explores the Islamic practices and restrictions that apply to food products, the difficulties of meeting differing international halal standards, and the opportunities for domestic and international firms to expand into the growing Muslim market.