Euromonitor International recently released new data about the fresh food industry.
Euromonitor International’s latest research indicates that the global demand for fresh food exceeded 2.2 billion tons in 2015, a 2% growth on 2014. Overall growth was 1% down from previous year but still in line with a CAGR of 2.5% achieved over the review period of 2010-2015. The slowdown in China and the contraction of the Russian and Brazilian markets negatively influenced global growth in 2015.
· China was the world’s largest fresh food market by volume accounting for 42% of global consumption in 2015
· Nuts and fish/seafood have the highest growth potential in the next five years
· Fresh meat makes 41% of fresh food retail value sales in the US
· Per capita consumption of fish/seafood in Asia Pacific is 275% higher than in North America
· Americans consumed approximately 5kg of fresh fish and seafood per person in 2015, which is 74% less than the global average of 8.7kg
· Trends towards healthier diets influenced the fresh food market in 2015. Americans are increasingly “counting ingredients, not calories”
Learn more about the report.
2015 Fresh Food Data
Euromonitor International’s latest research indicates that the global demand for fresh food exceeded 2.2 billion tons in 2015
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