Revenue was up 29% compared to November 2021, while volume increased 12%.
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Brazilian food processor BRF said it will form a joint venture with Halal Products Development Company in a bid to develop the halal industry.
Brazil increased international sales of halal poultry protein by 5% in the first two months of this year, according to ABPA. The period precedes Ramadan, which this year takes place from early April to early May.
Brazilian company announced the signing of a memorandum of understanding with Saudi Arabia’s Public Investment Fund to create a joint venture in the Gulf country.
The companies BRF, Seara, and Marfrig, are working to ensure full traceability and sustainability for the halal market.