Colombia: Food Processing Ingredients
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Opportunities for U.S. agricultural products abound in Colombia after the implementation of the U.S.-Colombia Trade Promotion Agreement (CTPA). Colombia remains a net importer of many agricultural products and cannot sufficiently source domestically the necessary raw materials and ingredients to meet the growing demand of the food and beverage processing industry. The evolving Covid-19 crisis and resulting economic slowdown will bring logistical challenges and could change consumer purchasing behavior as more people buy take-out foods or cook at home rather than dine in restaurants during the short and medium term. The most in-demand food products during the current Covid-19 crisis and the mandatory country-wide quarantine are frozen vegetables, chickpeas and corn flour.
