Taiwan: Food Processing Ingredients
Even though Taiwan’s food processing and ingredients industries are extremely competitive, there are still great opportunities for U.S. exporters. U.S. exports of high-value food products to Taiwan reached US$1.3 billion in 2014, and this trend is expected to continue for the next several years. Imports of premium food items from other countries has been increasing, but U.S. products continue to be well-accepted by Taiwan consumers due to competitive prices and consumer confidence in the quality and safety of U.S. food products. Taiwan is the United States’ seventh largest agricultural export market due in part to the great success in the food processing and ingredients sector.
