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The Vietnamese food processing industry grew by 7.4 percent in 2024 to $79.3 billion and food ingredient demand is expected to remain strong.

India’s food processing sector holds significant growth potential in tier II and III cities and rural areas.

India’s Department of Animal Husbandry and Dairying (DAHD), Ministry of Fisheries, Animal Husbandry and Dairying published an Office Memorandum L-110110/44/2024 – Trade (E-32147) on December 30, 2024, specifying the Certificate of Analysis (COA) required to be submitted during the application for Sanitary Import Permit (SIP) for importing milk and milk products into India.

On February 13, President Trump and Prime Minister Modi issued a joint statement announcing lower tariffs on bourbon whiskey.

Vietnam’s food retail market consisted of over 665,000 outlets generating sale revenue of $55 billion in 2023, up four percent compared to 2022. Although the global economic downturn has slowed growth, key retailers remain optimistic about the potential of Vietnam's retail market.

India's retail food sector is experiencing significant growth, driven by increased household purchasing power, rising awareness of gourmet products, and a growing economy.

On August 7, India’s Department of Animal Husbandry and Dairying (DAHD) published Office Memorandum L-11/1/2019-Trade (E-11542) granting another three-month extension in the implementation of the integrated veterinary health certificate for import of milk and milk products.

Kochi's young, educated, and well-traveled population offers promising opportunities for U.S. exporters. An inclination towards health-conscious choices is driving demand for nutritious and fresh fruits, along with healthy snacks and seeds.

India’s total alcoholic beverage sector is the world’s third largest, with yearly sales of $44 billion according to Euromonitor. Despite India’s high import tariff structure, lack of uniformity in state excise rates, state specific regulations, and limited opportunities for the marketing of alcoholic beverages, the sector continues to witness significant growth that is set to expand to $55 billion by 2027.

Vietnam offers abundant opportunities for exporting consumer-oriented products, despite the challenges of recovering from the COVID-19 pandemic and dealing with high inflation. The Vietnamese economy is poised for significant expansion in the coming decades. With a burgeoning population and a growing middle class, Vietnamese consumers are becoming more discerning about the origin and composition of their food.

The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.

Vietnam’s food processing industry comprises some 11,000 companies, valued at $73.8 billion in 2023. Growth in 2023 was 6.1%, down from a blistering 8.8% in 2021 and 2022.