Tanmiah Food aims to lead halal food industry globally by 2030: MD

Ahmed Sharaf Osilan, Managing Director at Tanmiah Food

Tanmiah Food Co. aspires to be a global provider in the halal food industry by 2030, Managing Director Ahmed Sharaf Osilan told Argaam.

On the sidelines of the PIF Private Sector Forum, Osilan said that the halal market is estimated at more than $2 trillion, as it is the largest growing industry in the world. Of this, 30% represents the food side, not just poultry.

Tanmiah Food focuses on all types of foods and targets a real share in the global market, along with the largest market share in Saudi Arabia.

The Saudi-listed firm is keen on achieving food security and sufficiency in the Kingdom, and promoting a Saudi product that has global acceptance from more than 2 billion Muslims and the entire world.

Osilan highlighted the harmony between Tanmiah Food and the Public Investment Fund’s (PIF) Halal Products Development Co. (HPDC), as both have a sustainable and integrated vision. HPDC focuses on developing halal products, and Tanmiah Food plans to be a global provider in the halal food industry by 2030.

He stated that the two companies have diverse businesses, including consulting, developing halal products, improving local content, and transferring experience regionally and internationally, to achieve the food development vision.