Browse Data and Analysis

For every five people in Brazil, there are four pets. Despite challenging economic scenario, the pet food industry – which encompasses pet food, pet accessories, and pet medication – continues to expand, making Brazil the third-largest fastest growing pet industry market in the world.

Fueled by Filipinos' fondness for food indulgences, rising disposable incomes, and increasing urbanization, the $1.2 billion confectionery and ice cream market is expected to see robust growth of eight percent annually through 2028.

The dynamic Costa Rican retail sector reflects the country's growing economy and increasing demand for new products. Consumers are influenced by tourism, culinary trends, and social media, with higher-end consumers paying premiums for healthy products and environmentally sustainable packaging.

Alcoholic beverages imported into Ghana increased from $56 million in 2019 to $87 million in 2023. Similarly, imports of U.S. alcoholic beverages to Ghana are on an upward trend in the same period from $267,000 in 2019 to $1 million in 2023.

In late May 2024, the Egyptian Government announced its intention to increase the price of subsidized bread (from 5 piasters {$.001} per loaf to 20 piasters {$.004} per loaf) as of June 1, 2024 -- marking the first increase in the price of subsidized bread in Egypt in 36 years.

Cote d’Ivoire’s food processing industry is developing and remains a major importer of ingredients for food processing. These imports will continue to grow as the sector is unable to meet increased demand.

On May 24, 2024, the Ontario provincial government announced an accelerated plan to allow sales of wine, beer, cider, and ready-to-drink alcoholic beverages in grocery and convenience stores by the end of October 2024. The initial timeline provided for implementation to begin in January 2026.

Indonesia currently imports 62 percent of raw materials for its growing food processing industry.

For a small country, New Zealand is a major exporter of food and beverage products, and many of these products are manufactured in-country and require inputs imported from other countries.

The growth in Taiwan's dog and cat food market reflects a societal shift towards animals as pets

The growth in Taiwan's dog and cat food market reflects a societal shift towards animals as pets. With rising incomes and strong western influence, pets are now a symbol of affluence in Taiwan.

For a small country, New Zealand is a major exporter of food and beverage products, and many of these products are manufactured in-country and require inputs imported from other countries.