New Zealand: Food Service - Hotel Restaurant Institutional
New Zealand’s $10 billion tourism sector continues to grow and is fueling demand for food and agricultural products. The food service and hospitality industries expanded by an estimated 6.8 percent while the food and beverage sector grew 42 percent in 2017. These expanding sectors are driving demand for consumer orientated products, particularly food preparations which are used to process meat-based foodstuffs, baked goods, sauces, wine, confectionary, etc. This sector is expected to grow 23 percent by 2024.
