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The significant rise of dog- and cat-owning households in East Asia presents an opportunity to increase the U.S. exports of pet food.
At a combined $23.8 billion, China and Hong Kong represent 18 percent of U.S. agricultural exports to the world, up from 10 percent just a decade ago.
The United States is the world’s top exporter of processed potato products. Over the past decade those exports have grown 127 percent, reaching a record $1.5 billion in 2014...
Exports of high-value, processed food products have been a significant contributor to the strongest five-year period for agricultural exports in U.S. history.
A rapidly growing middle class in North Asia is expected to boost demand for U.S. agricultural exports over the next decade.