In India, an increasing amount of disposable income, rapid urbanization and a growing number of women in the workforce continue to drive the country’s baby food market, which is expected to reach $520 million in 2014, according to TechSci Research.
Keurig Green Mountain, Inc., popularized for its single-cup coffee brewing technology, has joined with Kraft Foods Group, Inc. in a multi-year partnership to manufacture and distribute Kraft’s branded coffee in packs compatible with Keurig brewing systems.
To meet the demand for food imports, Malaysia Kitchen USA says it plans to bump up imports by introducing an additional 300 products to the US market by 2015.
A Russian agency has closed three McDonald’s restaurants because of sanitary violations, though some say this is only the latest example of Russia’s response to strict US and European sanctions amid deteriorating conditions in Ukraine.
USDA’s Foreign Agricultural Service announced seven international projects this year as part of the Food for Progress Program which will benefit more than 1.6 million people.
In five years the global cocoa market is projected to be worth $2.1 billion while the market for chocolate will reach $131.7 billion in 2019 according to a new report from researchers MarketsandMarkets.
In retaliation over western sanction, Russian President Vladimir Putin signed an executive order Wednesday placing a one-year ban on a number of foreign food imports.
Members of USDA, Congress and President Barack Obama joined African heads of state and government leaders this week for the first-ever African Leaders summit to determine ways that would enhance trade between the US and Africa.