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This report highlights the food processing industry, its drivers, key players, and market landscape in the Caribbean Basin. The region relies heavily on imports, and the United States is the largest supplier of food ingredients.
Algeria's dairy sector remains a priority focus for the government. Currently, Algeria is among the global leaders in milk powder imports. In 2024, Post forecasts Algeria's imports of milk powder to line up with 2023 and 2022 levels.
The government focus on modernizing and expanding the dairy sector remains a priority. In September 2023, APHIS signed the bilateral export certificate for U.S. bovine semen and embryos, with substantial interest from the Algerian dairy sector. At...
Algeria is one of the leading consumers and importers of dry milk powder worldwide. The government has prioritized improving Algeria’s dairy domestic production to reduce reliance on imports. In line with this strategy, Algeria imported less milk powder in CY2021.
Caribbean imports of consumer-oriented products shrunk from $2.3 billion in 2019 to $2.1 billion in 2020 as a result of the COVID-19 pandemic, yet Caribbean retail grocery sales grew by an estimated 6 percent during the same period.
Egypt and Algeria are two of North Africa’s most rapidly growing markets for the food and beverage (F&B) processing and manufacturing sectors.
The Cayman Islands tourism industry has experienced tremendous growth during the past several years.
The Bahamas is the second largest market for U.S. consumer-oriented products in the Caribbean.
U.S. exports of consumer-oriented products to Aruba reached an all-time high of $74 million in 2016 and are on pace to reach another record level in 2017.
Effective July 4, sources indicate Algeria's import licensing regime extended to include several high-value/processed food products, including almonds, hazelnuts, walnuts, pistachios....
U.S. exports of consumer-oriented products to Trinidad and Tobago have experienced ten percent average annual growth over the past five years, reaching an all-time-high of $237.7 million in 2015.
The Food Marketing Consultants, Inc. with the help of FAS and its partner commodity organizations, penetrated seven Caribbean markets and tripled its exports sales...