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FAS/New Delhi’s forecast for India’s centrifugal sugar production in marketing year (MY) 2023/24 (October-September) is unchanged from the previous estimate of 36 million metric tons (MMT), equivalent to 33.6 MMT of crystal white sugar.
In 2022, the Indonesian foodservice industry was valued at $29 billion, an almost 30 percent increase from the previous year, making it the largest foodservice market in Southeast Asia.
In 2022, the total sales from the Japan food service industry increased 14.2 percent, totaling nearly $237 billion, representing consecutive year double digit growth.
Domestic tourism and consumer spending have helped drive the post-pandemic recovery in Malaysia’s hotel, restaurant, and institutional (HRI) industry.
As 2022 marked a return to normality after the COVID-19 pandemic, the Mexican foodservice industry began its recovery and, in many respects, exceeded pre-COVID levels of activity in the hospitality and foodservice.
FAS Manila projects the food service sector to grow at 20 percent as the tourism and hotel industry improves in 2023.
Singapore’s hotel, restaurant, and institutional (HRI) sector is vibrant and highly competitive with sales in 2022 totaling $9 billion USD. It is highly diverse with a broad range of Asian and Western cuisines widely available. The industry should return to normalcy in 2024.
Post forecasts South African raw sugar production at 2.17 million MT in MY 2023/24, up 9 percent from 2 million MT in MY 2022/23, based on an increase in the quantity of cane delivered to the mills and consistent milling efficiencies.
A combination of a “return to normal” behavior by Thai consumers and of a rapidly recovering tourism demand bodes well for Thailand’s post-pandemic HRI sector.
After slow growth during the first half of 2023, Vietnam’s economy is on a path to recovery. Post has revised Vietnam’s feed consumption forecast to 26.6 MMT in MY2022/23 matching levels in MY2021/22.
The Canadian Food Inspection Agency is seeking feedback on proposed guidance that clarifies which plant-derived feed ingredients require a pre-market assessment, as per the Feeds Act and Feeds Regulations.
The United States Department of Agriculture (USDA) and the Directory of Livestock of the Dominican Republic (DIGEGA) agreed on new requirements for U.S. poultry access to the Dominican Republic (DR).