Browse Data and Analysis

The Caribbean Basin region continues to experience growth, driven primarily by the steady rise in tourism, which in turn impacts consumer demand.

Singapore’s economy expanded 4.4 percent in 2024 and is expected to slow in 2025 due to global uncertainties and trade conflicts.

The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.

The Report provides information on the regulations and procedures for the importation of food and agricultural products from the United States to Singapore.

The report discussed food and agricultural export product certificate required by the Singapore Government.

This report highlights the food processing industry, its drivers, key players, and market landscape in the Caribbean Basin. The region relies heavily on imports, and the United States is the largest supplier of food ingredients.

On December 23, 2024, the European Union published Regulation 2024/3234, which officially delayed the entry into application of the European Union Deforestation Regulation (EUDR) until December 30, 2025.

Bisphenol A in food contact materials is banned in the European Unions as of January 20, 2025, with a phase-in period of one to three years depending on the product.

After taking a dip in 2022, the EU organic market began to recover in 2023 as consumers’ financial situations improved. France and Germany still have the largest organic markets in the EU and growth is expected in almost every Member State until 2025.

The European Union (EU) follows a complex, rolling system of review for active ingredients and Maximum Residue Levels (MRLs) in food. For agricultural inputs, U.S. farmers must know early in the process of review to prevent or mitigate the loss of, and/or access to, chemical inputs.

The European Commission will allocate €132 million (approximately $138 million) towards promotion activities for EU agri-food products in 2025.

Singapore’s hotel, restaurant, and institutional (HRI) sector is vibrant, dynamic and highly competitive with sales totaling $9.4 billion USD in 2023. Consumption patterns are mainly driven by convenience, technology, and changing demographics, health and international food trends with a focus on sustainability and influences by social media (Facebook and Instagram).