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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).
Sales in the Caribbean Hotel, Restaurant, and Institutional (HRI) food service sector increased by 11 percent in 2022.
MY 2022/23 China’s sugar imports declined due to escalating world prices. Following suit, Chinese sugar prices spiked at the highest levels since 2012.
This report gives an overview of the food service – hotel, restaurant, and institutional sectors in Italy and outlines current market trends, including best product prospects.
Post estimates marketing year (MY) 2023/24 wheat consumption to decrease to 4.5 million metric tons (MMT) or 10 percent from USDA's official estimate.
With more than 83 million of the world’s wealthiest consumers, Germany is the largest market for food and agricultural products in the European Union.
India’s hotel, restaurant and institutional (HRI) sector is set to thrive in 2023, after facing three years of downfall due to COVID-19 pandemic restrictions.