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This report provides an overview of the New Zealand wine market as of the publication date. New Zealand imports wine from all over the world, indicating that consumers in the country are open to exploring various wine regions.
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.
U.S. food and agricultural products have continued to prove popular in the New Zealand market. In 2023, the value of these products was a record US$ 9.3 million, US$ 3.4 million of which were consumer-oriented products.
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.
New Zealand fluid milk production is forecasted to be 21.2 million metric tons (MMT) in the 2024 market year (MY). This is a decrease on the previous 5-year average of ~21.6 MMT, reflecting the decreasing herd numbers and the short-term effects of the following: El Niño weather pattern, softening revenue, high cost of debt servicing, and challenging feed and fertilizer prices.
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.
This GAIN-INDIA report is an addendum to FAS India's (New Delhi, Mumbai) (Post) GAIN-INDIA | IN2024-0012 | India’s Wine Product Labeling Requirements – Update 2024. Post sought out additional regulatory review, and has obtained a revised confirmation from the Food Safety and Standards Authority of India (FSSAI) that its Food Safety and Standards (Labeling and Display) Regulations now do not require an expiry date for wine products.