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On September 7, 2020, the Taiwan Council of Agriculture (COA) removed restrictions on the use of ractopamine as a feed additive for imported pork.
The significant rise of dog- and cat-owning households in East Asia presents an opportunity to increase the U.S. exports of pet food.
Taiwan is the fifth largest export market for U.S. organic products, reaching over $90 million in sales in 2019.
The Taiwan Food and Drug Administration (TFDA) recently strengthened the enforcement of food labeling requirements for health claims.
Major food retailers such as Costco, 7-Eleven, PX Mart and Carrefour play leading roles in the rapidly modernizing food retail sector.
In 2019, U.S. peach, nectarine, and cherry exports to Taiwan increased as competitor market share declined.
Price volatility and U.S. logistical challenges caused by COVID-19 delayed Taiwan's rice tendering process until the summer. On July 21, 2020,
Taiwan is the United States' seventh-largest export market for food and agricultural products. In 2019, Taiwan imported $3.79 billion of food and agricultural products from the United States.
COVID-19 hit the food service sector hard as the pandemic kept people in their homes, and restrictions on international travel negatively impacted hotel restaurant revenue.
Taiwan’s food processing industry produced an estimated $17.42 billion of processed food and beverages in 2019.
Taiwan was one of the first economies to experience Novel Coronavirus 2019 (COVID-19).
Taiwan’s soybean imports are projected to fall to 2.45 million metric tons in marketing year 2019/2020 due to slowing demand in both food and feed use driven by the ongoing novel coronavirus pandemic.