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The HRI sector is witnessing remarkable growth, fueled by urbanization, a surging population, rising disposable incomes, shifting social and cultural trends, and a thriving tourism industry. The Saudi food retail market, currently valued at $30 billion, is projected to grow by another $15 billion by 2030.
Post expects Morocco’s Tangerine/mandarin production for MY 2024/25 to reach an estimated 1.1 million metric tons, increasing 16 percent over MY 2023/24, orange production should increase by 17 percent over the previous year to 960,000 MT, while lemon/lime production will reach 45,000 MT.
SaborUSA Colombia, FAS Bogota's flagship marketing campaign, partnered with the U.S. Popcorn Board (PB) to promote American popcorn through a social media contest.
Food service sales in Colombia grew in 2023, increasing by seven percent to $14 billion. Growth is likely to slow in 2024 due to economic stagnation and reductions in non-essential household expenditures, especially due to high food inflation...
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.
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...
Despite a myriad of economic hardships, Egypt hosted 14.9 million tourists in 2023 (exceeding its previous record of 14.7 million tourists in 2010). Egypt continues to target 30 million tourists by 2028, adding half a million hotel rooms by 2030. To...
Egypt is one of the larges citrus producers and exporters in the world, primarily for oranges. In marketing year (MY) 2024/25, FAS/Cairo forecasts fresh orange exports to reach 1.95 million metric tons (MMT) down from almost 2.3 MMT in the previous...
This report is an annual update of the food import standards and enforcement mechanisms in Colombia. It includes updates on labeling, biotechnology, and Colombia's nutrition and trade facilitation policies. For assistance on trade policy and port...
On October 23, 2024, the Colombian Agricultural Institute (ICA) issued a resolution establishing a 3 percent threshold allowance for unapproved genetically engineered (GE) seed events, and a 5 percent threshold for animal feed. These thresholds will...
The ongoing transformation of Saudi Arabia bodes well for the retail food sector. In 2023, the Saudi food retail market was estimated at more than $51 billion and projected to increase by more than 5 percent annually in the coming years due to the continued urbanization, growing population, changing shopping habits, expansion of physical store locations , and increasing popularity of online platforms.