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The United Arab Emirates, the Arab world's second-largest economy, will continue to offer growing and dynamic market opportunities for U.S. exporters in the food service--hotel, restaurant, and institutional sector through the end of 2024 and beyond.
This report provides the latest update regarding developments in Vietnam’s Hotel, Restaurant, and Institutional (HRI) food service sector and provides a road map for exporters wishing to enter the market. The country’s food service sector exhibited...
In 2022 (the latest official data available), South Korea's sales in the HRI food service sector reached 177.12 trillion KRW (137.1 billion USD), a 17.48 percent increase from 2021, surpassing pre-pandemic levels. In 2023, monthly per capita spending on the HRI food service rose to 179,648 KRW (139.1 USD), up 10.66 percent from 2022 and 30.65 percent from 2021.
Peruvian mandarin/tangerine production and exports are expected to increase two and four percent, respectively in MY 2024/2025 (April 2025 to March 2026). Production is forecast to reach 570,000 metric tons (MT), while exports are forecast at 225,000...
In 2023, Guatemala ranked as the 16th largest U.S. agricultural export market, despite a nine percent decline in total exports, largely driven by reduced imports of bulk commodities. U.S. agricultural exports to Guatemala reached $1.6 billion. As the...
This report explores India’s Hotel, Restaurant, and Institutional (HRI) sector with an overview of the industry’s growth, key players, and market trends. Key factors driving expansion include urbanization, rising incomes, and an increasingly consumer...
In 2023, the Indonesian foodservice industry was valued at $26.3 billion, a 13 percent increase from the previous year, making it the largest foodservice market in Southeast Asia. Most of the leading foodservice players are American fast-food chains...
The Indonesian milling industry continuously faced significant challenges during 2023/24 which is estimated to continue posing some impact to 2024/25. Slowing demand from export destination countries and fierce competition from cheaper imported...
Since October 7, 2023, the hotel, restaurant, and institutional industry has faced severe challenges as a result of the regional conflict. A significant decrease in tourism caused many hotels and restaurants to suffer, and some to completely shut...
Israel’s planted citrus area in marketing year (MY) 2024/25 is forecast to be lower than MY 2023/24 figures due to low profitability and water shortages, which has disincentivized farmers to plant new citrus plots. This year, the war also had a...
Mandarin production in Japan continues to decline because of high summer temperatures, in addition to a decreasing number of farmers and planted acreage. Such factors are not anticipated to markedly increase citrus imports from the United States...
The Dominican Republic (DR) remains one of the fastest-growing and most dynamic economies in Latin America and the Caribbean. It consistently ranks among the top three destinations for U.S. consumer-oriented products in the Western Hemisphere and has...