Brazil depends on international suppliers to meet its demand for food processing ingredients, especially specialty products with high added value. These products offer significant opportunities for U.S. companies to supply Brazilian food manufacturers looking to meet the needs of a growing health-conscious consumer market. Whey, milk albumin, casein, alternative proteins, flavorings, vegetable fats (including oils), and frozen fruits may hold particularly attractive growth potential for U.S. exporters.
The Canada Organic Trade Association recently published two reports on the organic markets in British Columbia and Ontario. The reports combine consumer research, sales figures and trade data to provide valuable insight into consumer behavior and preferences, market size and growth trends. For example, in British Columbia, 68% of grocery shoppers purchased organic groceries weekly in 2020, slightly above the national average of 64%.
Research from Accenture shows Chinese consumers have shifted their spending patterns, including an increased interest in sustainability with 98 percent recognizing the value of environmental protection. Four other trends in spending include: the ‘Me’ economy of individual rather than family preferences; more prudent spending; increased desire for convenience to free up time for leisure activities; and concern about excessive ‘push’ communications.